Personally, I've never had a satisfying experience mobile mining. So far, it's just been a great way to stress your phone for fractions of pennies over extended periods of time, during which your phone is unusable. I've tried on several devices and never saw a hashrate over 20/s, most older devices being between 5-10. Many Youtube videos can verify those speeds, although they vary by miner. Mobile mining is great for the novelty, but don't expect it to translate to actual monetary value without running a farm of donated devices using electricity and internet you're not paying for.
How does Phoneum differentiate itself from other mobile mining products?
phoneum is different because it can't be mined by computers .. it's a mobile only mining crypto .. you can download the phoneum app from playstore and see for your self .. how much you can earn .. without investing alots of efforts and money .. https://play.google.com/store/apps/details?id=com.phoneum
gave it a try .. may be you can change your mind ..
Is there any quantifiable evidence of it's benefits? Not trying to sound belligerent, just trying to understand the landscape with data-backed discussion
Where to begin? While it is true that we currently have a free airdrop going on, there is certainly a sense of community that is building daily. All one needs to do is to spend even a little time here to see that to be the case. What exactly is ETN far ahead in? Yep I will concede they have a good team, they can market and indeed they are on exchanges already, and yes they are well off their highs, which in some peoples eyes could make it a true bargain right now, but they are missing one key ingredient no matter all the positives you laid out. It is NOT TRUE mobile mining. And their terms and conditions state that emphatically! Because it’s based on Monero, it will never be truly JUST a Mobile only product. Phoneum on the other hand IS a mobile only crypto, it is POT and POW based. We didn’t raise funds first and then build a simulated mining experience. We’ve brought to market an alpha stage Android product and today will release a beta stage iOS product. ETN has over 6bil coins in circulation, our intentions are 3bil. Max supply 21bil ETN vs. 20bil PHM. While we haven’t officially launched yet, we have garnered great interest on many fronts, and in many ways we have ETN to thank for an excellent roadmap of just how to release a true mobile crypto currency for the marketplace. By your logic, everyone after BTC should have just taken their ball and gone home! Good thing we aren’t listening, it’s still game on, not game over!
Well I certainly appreciate your passion and it's clear you know what you're talking about. I don't think I said anything to imply any investing strategies regarding BTC, I was just asking for performance numbers (ie quantifiable data, hashrates, adoption, etc) that would break stereotype of mobile mining and make this a more intriguing platform.
Mobile mining app is designed to leverage a device's built-in battery and CPU sensors to monitor device temperature and ensure that it does not overheat. If a smart mobile device approaches overheating, the user will receive a notification'that they are temporarily "off" from mining. However, unlike in a Proof of Work (Pow) only consensus mechanism where a computer must be constantly doing work in order to earn rewards (which can lead to increased risk of overheating) Phoneum's customized algorithm integration of Proof of Time (PoT) will enable miners to continue to earn rewards. While the mining function in the app is not active, it is still functioning as a node while the app is open and thus Proof of Time (PoT) applies to help miners to continue to earn rewards ..