Android Altcoin Mining - Is It Possible?

Android Altcoin Mining - Is It Possible?

The smartphone is by far the world's favorite piece of technology. It is estimated that there will be over 2 billion smartphones across the world by next year (ref: eMarketer). Over 80 percent of these smartphones run on Android operating system (data: IDC, 2015 Q2). Nowadays, smartphones are literally miniaturized computers, their processors pack anywhere between 1 GHz to 2.7 GHz processing power which is on par with a decent low-range/mid-range laptop currently in the market. Processing power of these devices come to use only while playing games or running few process intensive....


Related News

Mining Malware Infects Mobile Market via Google Play Apps

Cryptocurrency mining malware for PC platforms has been around for a while, but now it has gone mobile, specifically via the Android OS. A team of security researchers from Trend Micro has managed to identify two apps that can use your Android device to mine litecoin and dogecoin. The apps in question are called Songs and Prized, and both are available from the Google Play Store. Songs has between one and five million downloads so far, while Prized has 10,000 to 50,000 downloads. This is not the first case of mining malware targeting new and unusual platforms. Linux recently got what was....

NXT - Proof of Stake and the New Alternative Altcoin

When the crypto community thinks of altcoin, cryptocurrencies like Litecoin, Dogecoin, and Peercoin are usually first on their mind. We have seen a growing number of altcoin since Bitcoin's introduction in 2009, simply because of the rapid adoption of cryptocurrencies all over the world. But is it possible to have an alternative altcoin? The new and innovative altcoin NXT and its developers have made it possible. Less than a month ago, NXT launched their brand new digital currency, and soon after signed BTER as an exchange partner. With no mining on the network, NXT is the most energy....

HashingSpace launches Bitcoin mining pool

Based in Wenatchee, HashingSpace Corporation (OTCQB: HSHS), has announced the launch of Bitcoin mining pool Hashpool.com that also boasts of iOS and Android Apps for miners for a better experience. The mining pool is easily available to anyone with access to internet, iOS or Android devices as they could get the app from app stores and also via the website HashPool.com. HashingSpace has also expressed its commitment to put together key infrastructure so that the Bitcoin usage could be spread universally. It wishes to extend the use of this infrastructure for Bitcoin Mining Farms, ASIC....

Android Pay Unveiled at Google I/O Could Make Mobile Payments Ubiquitous

In February, Bitcoin Magazine reported Google's preliminary announcement of Android Pay. Now, at the annual Google I/O event on May 28 and 29, Google officially announced its upcoming payment platform and revealed more details. Android Pay isn't a separate payment app, but an open platform that enables developers to integrate mobile payments into their apps. In fact, Android Pay is built right into the core Android operating system. It will be available for download from Google Play soon, and included in the next version of the Android OS - dubbed Android M - expected to be released this....

Will Google's Android Pay Support Bitcoin?

Commentary by Giulio Prisco. Google has announced an upcoming mobile payments framework called Android Pay, Forbes reports. Android Pay will not be a separate payment app, but a platform that enables developers to integrate mobile payments into their apps using an API layer. Google's senior vice president of Android, Chrome and Google Apps Sundar Pichai announced the upcoming payment platform at the Mobile World Congress in Barcelona."We are doing it in a way so that anybody else can build a payments service on top of Android," he said at a press event. "In places like China and Africa, we....