Now Cryptocurrency Mining is very easy via Phoneum. Phoneum's mission is to provide equality to all by simplitying the mining process. What makes Phoneum unique, is the custom algorithm and blockchain structure that delivers a truly mobile-only mining solution and simplified user interface which does not require technical skills to deploy.
There are the following feature about Phoneum is:-
- An end-to-end (P2P) mobile-only mined and maintained cryptocurrency.
- A free and easy-to-use Android and iOS app, with built-in miner and cryptocurrency wallet.
- A differentiated, customized consensus algorithm to maximize earning opportunities - a blend of Proof of Work (PoW) and Proof of Time (PoT) as the consensus mechanism, enabling miners to earn rewards for total time spent in the app.
- A Point-of-Sale network in which to utilize PHM for everyday purchases and payments.
- Free peer-to-peer transactions for users and transaction fees at a fraction of the cost of traditional payment networks for merchants
- Not damaging to the smart phone due to the use of the phone's internal.
Phoneum Requires:
---> No technical knowledge to mine.
---> No investment in specialized equipment to start mining turns a smart device into a revenue opportunity without impacting daily use of the device when used in combination with Wi-Fi.
Phoneum Delivers:
---> A custom blockchain optimized for true mobile-only miners - algorithm designed to reward miners for all effort and time spent in app to incentivize positive network growth.
---> An optimized design to work within the parameters of a smart device standard operating system so no specialized equipment is required
---> A very low carbon footprint when compared to today's cryptocurrency mining rigs.
why A token?
The Phoneum token (symbol: PHM) underpins blockchain -it will be the loyalty token to reward miners for positive network contributions and will be acceptable payment/currency for participating merchants.
The Process of Mining:
- Download the Phoneum app for Android or iOS.
- Create an account or sign in with a social media account.
- Tap on the START MINING button to begin mining and to start earning token.
- Sending and receiving Phoneum tokens is also intuitive with an easy-to-use OR scanner and reader.