Can You Mine Bitcoins Using Android Apps: Here Is What You Should Know – Novinite.com

First of all, let us know what bitcoin mining is. For that, you need to understand the double-spending problem.

Double Spending Problem: As the name suggests, double spending means ‘spent twice.’ It is nothing but the illegitimate use of digital currencies for two times of a single currency. So it was the problem associated only with virtual currencies, which were solved after the invention of blockchain.

Blockchain is a decentralized network, so there is no central body to verify the transactions. So here comes the role of miners. Miners are the members of the crypto community who verify the transactions that there is no double-spending occurring. Now, what are the benefits of bitcoin mining?

If you are in the crypto space for a long time, you might be aware of its benefits. However, for your information, I am making it clear. There are two significant benefits of mining bitcoin or any other crypto coins.

1. First, you can earn digital coins by mining; that means if you are mining bitcoin, you will get a reward in bitcoins for verifying the transactions.

2. Second, you may get voting power in the crypto network. That means you will earn the right to contribute your consent for any significant changes in the structure.

Now let us know whether it is possible to mine bitcoins using android apps?

Yes, it is possible to mine bitcoins using a mobile device. And it is possible to mine bitcoins using an android app. You can use the following apps to mine bitcoin and other crypto coins.

Bitcoin Miner

Bitcoin Miner is a popular application which you can use to mine bitcoins and several other digital coins. The user-interface is simple and friendly. The performance is also good, according to user reviews.

This app does not support bitcoin mining. However, you can mine multiple altcoins such as DigitalNote, Monero, etc. This app also provides a digital wallet so that you can save your rewards. However, mining is not recommended on mobile devices for some reasons mentioned below.

• It is not more profitable and effective than the traditional method, which uses powerful software and hardware devices.

• It can damage the battery of your mobile due to high energy consumption.

• The mining apps are more vulnerable to viruses and malware.

For the above reasons, Google removed most of the mining apps from the play store. If you are using an iOS device, Apple also banned mining apps from its app store. However, you can download these apps from other sites at your own risk.