Nowadays bitcoin mining business is not restricted to nerds having heavy computer setup with RGB lights. Undeniably it is more profitable with the equipment dedicated miners have. Still, when it comes to possibilities and handsome profitability in bitcoin mining, android devices are not a bad option.
One can mint CPU minable digital currencies like Monero very easily with the help of an android device without any effort. If you are interested in bitcoin trading, visit the Bitcoin Quantum Code trading website to acquire an utter guide to crypto trading. Still, to mint profound coins like bitcoin, you need to have patience.
Amongst all the mining software compatible with androids that makes mining possible with a mobile phone, the miner gate mobile miner is the only robust one. So, let’s find out how you can also start a cryptocurrency mining journey without a dedicated computer space and hardware.
Install Miner Gate!
Miners have the freedom to install any of the mining applications on their mobile phones. Still, there is no point wasting time and other resources on unauthentic and non-efficient mining applications. Currently, the leading profitable mining software is miner gate.
You can easily find this application on the play store, or you can download it from the official website of this platform. No cryptocurrency experts advise you to download this application from any other place except the play store and its official website. The size of the miner gate is just 30 megabytes, and the minimum android version required to install this application is android 4.1.
Encrypting the miner gate application is essential as if anyone accesses your mobile phone, they can easily alter the settings of this application. They can even transfer these coins to their cryptocurrency wallet. Subsequently, the open button to start the miner gate application is there.
Form a miner gate account!
After opening the miner gate application, you will notice three options on the home page. The first button depicts start mining, the second button depicts log in, and the third one states sign up. You will have to click on the signup button if you haven’t installed this application before on your android phone. Subsequently, by clicking the signup button, the miner gate will ask for a few permissions, and one of these will include the contacts present on your mobile phone.
If miner gate asks for such permissions, you have to click on the allow button as this application is legit and does not share users’ data with third parties, unlike other mining applications. After granting all the necessary permissions to the miner gate, you can enter credentials like an e-mail address. Below the e-mail address column, you will notice a column of passwords.
Password will assist you in encrypting your mining account from other theft elements and malicious activities. You can increase the security of your mining account by adding another passcode. The passcode you can implicate on your mining account must be four-digit digits. Make sure you enter a passcode with complete attention.
Start mining!
After signing up, the application will take you to the home page. The mining interface can help you start mining directly from an android device. However, the mining profitability varies with different aspects on an android phone—for example, the processor present in an android phone and battery backup of the device.
The difficulty rate on a particular digital coin network also is a significant factor in determining profitability. Miner gate allows you to regulate the degree of minting new tokens. If you set up the mining degree on a high level, it consumes more mobile phone power. Miner gate automatically changes the degree of mining depending on the battery left in mobile phones.
Use the profitability calculator!
Miner gate comprises a profitability calculator and an inbuilt cryptocurrency exchange named challengly.com. The inbuilt cryptocurrency exchange and calculator present inside the miner gate helps the user acknowledge mining which coin is more profitable. For example, miner gate suggests that users mint Monero on profitability. But one can mine coins of any hashing algorithm on this application as it is entirely free.
The above-listed portion explains a complete procedure to mine bitcoin.