Is It Possible To Mine Bitcoin Using A Smartphone – Truth And Myths

You can find information on the network about how to mine cryptocurrency using smartphones, but none of them are saying about Bitcoin, Ethereum, Litecoin and other top-end points using the Proof-of-Work algorithm. Does this mean that smartphones are enough for mining POS cryptocurrencies?.

Therefore, purely theoretically, if you install a POS cryptocurrency wallet on your smartphone and deposit funds into the validator's steak, you can earn money on this. Next, you need to buy their cryptocurrency, after which click the mining button and you will be happy because new coins will begin to appear on the account themselves.

Timeline of Bitcoin, Ethereum, Litecoin