Electroneum Mobile Miner is Now Live

in #cryptocurrency6 years ago

Some exciting news to come out of the Mobile World Congress this year is the launch of the worlds first mobile mined cryptocurrency called Electroneum (ETN). If you own an Android smart phone, then Electroneum is the easiest way in the world to earn and spend a cryptocurrency.

If you already have the app your account has been automatically upgraded and you'll find the mobile miner is now enabled in the Electroneum app. If you do not see the miner you might need to close and re-open the app to get the miner working.

This is a soft launch and once they have this tested in the live environment they will start working with our mobile network partners to promote the app all over the world, so it's a very exciting time!

Electroneum-logo-805x452.png

What is Electroneum?

Electroneum is the first British-developed cryptocurrency and was created and developed in 2017 by a group of people based in London, UK and led by CEO Richard Ells. In September/October 2017, the company pre-sold ETN coins to investors through an initial coin offering (ICO) in order to raise funds for further development. The primary USP of this coin is that it can be mined with a mobile device as well as with a desktop computer.

While mining rigs and computers will provide the primary mining and validation work on the network the mobile mining will add additional resources by sharding the proof of work across millions of mobile devices

If you want to know more about the project you can get the complete rundown on my review of the coin here

What is the mobile miner?

The mobile miner is a completely revolutionary way to earn cryptocurrency by "mining" on your phone. In fact, your phone isn't really doing the hard work of mining the coins, that's already done - this is a mining experience. "What's that?!", I hear you say, well, the ETN mining experience looks like a miner, feels like a miner and pays out real Electroneum cryptocurrency, just like a complex command line miner running on a Linux computer - BUT all you need to do is click the "START MINING" button on a free app to earn cryptocurrency!

How Electroneum mining works

These coins are nothing to do with the coins emitted by the blockchain as part of the blockchain reward. Blockchain miners are still vitally important to Electroneum, but full mining is too complex for the average user. The mobile miner is a separate algorithm that rewards users with ETN cryptocurrency at no cost.

Why? Simple - they want to spread the word about how easy Electroneum is to use and get involved with. It's the easiest cryptocurrency in the world to get started with. Their mobile miner introduces people to cryptocurrency - without ANY risk.

The project aims to reward everyone who gets involved in the Electroneum project by allowing them to earn cryptocurrency via our free Android app only for now.

How to start mining Electroneum on your mobile

  • Simply visit the Google Play Store
  • Download the app
  • Set up your account
  • Set up your wallet
  • Then click start mining

Download Electroneum for Andriod

Earning Electroneum form referrals

Download the Electroneum mobile app and get your referral code. Ask a friend to download the app and send them your referral code or let them scan the QR code directly from your phone, once they sign up you will receive 5 Electroneum coins.

If you’d like to use my referral code: 99A7DB

What can you expect to earn?

The ETN will be fine-tuning the system over the next few weeks as we see how the mobile miner works with hundreds of thousands of users.

As a result, they don't know what our "average" user's smartphone mining power is, but we expect users to be awarded a few US dollars of ETN value per month by running the app in the background. It doesn't use much data or battery life, but remember if your mobile data is expensive it is up to you to ensure the mining does not cost you money. Use it on wifi initially to understand the amount of data it uses.

Enjoy earning some Electroneum on your Android phones - since this is the first iteration of the app there may be a few bugs and changes as they test this with hundreds of thousands and then millions of people, but as always, the team will be on hand fix them as soon as the community identify them!

The coins current value as of 04 March 2018 is $0.07 and has a total max supply of 21,000,000,000 ETN with 6,337,835,505 ETN already in circulation so now is a great time to get in and start holdn coins

Apple iPhone iOS Launch

Currently, the Electroneum miner app is not yet available for iOS devices. But they have reported that the team has reduced the number app callbacks to their servers to just once per hour to comply with Apple's limits in accordance with Apple guidelines.

This means if you were one of their beta miners you won't see the pending balance update as often as it did during beta. The Electroneum developing team suggest to leave it running - and you're mining time will be credited!

Apple iPhone iOS delay

The iPhone iOS version of the app is written and fully functional but it has not been approved by Apple yet. The team suggest that the more Android users they can get, the more they can show Apple that there is demand for this app and to expedite making it available on the iOS app store.

More info

For more information check out the official Electroneum site here

Sort:  

I mined a whole 0.06 after 3 hours from my Pixel XL 2 lol

Tough break by that rate it will take you 50 hours to mine 1 ETN coin. That's 175 coins per year if your phone is on and connected to the internet, so around $12.25 at current valuation.

Hardly seems worth it but hey with Cardona has a similar circulating supply as they have total supply and had a max value of $1.24 so your yearly mine would be 217 dollars. Excuse my crude math lol but hardly a profitable excercise

I guess we in it for the tech and the possibilities right?

Re-steemed thansk for following :)

Coin Marketplace

STEEM 0.19
TRX 0.13
JST 0.030
BTC 63768.98
ETH 3410.21
USDT 1.00
SBD 2.49