In the app, you'll see that your device gets a rating and your payout is based on this rating. They don't need to use your device for mining because well, mobile devices are general purpose devices and doing proof-of-work kind of pointless busy-work calculations is a waste of a general purpose machine. Your phone would get hot, and it won't be able to compete with a specialised mining rig.
Mining happens server-side, on Electroneum's own servers. They just want to ensure that they do pay out mining rewards to people who are going to make use of Electroneum as either a store of value or as a currency.
Your device does simulated mining, so you don't have to compete with bad-ass machines. Real mining occurs on Electroneum's servers, and you get payouts only once a minimum level of mining has been reached. It's load balancing, that's all.
Seems like you were right.. I had a lot of mining happening there and they haven't paid out yet. It just disappeared. Anyway, deleted this app. Cheers electroneum.
In the app, you'll see that your device gets a rating and your payout is based on this rating. They don't need to use your device for mining because well, mobile devices are general purpose devices and doing proof-of-work kind of pointless busy-work calculations is a waste of a general purpose machine. Your phone would get hot, and it won't be able to compete with a specialised mining rig.
Mining happens server-side, on Electroneum's own servers. They just want to ensure that they do pay out mining rewards to people who are going to make use of Electroneum as either a store of value or as a currency.
Your device does simulated mining, so you don't have to compete with bad-ass machines. Real mining occurs on Electroneum's servers, and you get payouts only once a minimum level of mining has been reached. It's load balancing, that's all.
Well thats just it if you download the app you will see. They say simulated but you get the real 'mined coins' It works all im saying :)
hmm no thx I do not trust that. :-)
Hehe 137000 odd folks do ;)
Seems like you were right.. I had a lot of mining happening there and they haven't paid out yet. It just disappeared. Anyway, deleted this app. Cheers electroneum.