How Much Electroneum Can We Mine With A Phone?

in #crypto6 years ago

How the Mining Algorithm Works:

Richard Els has mentioned in a Q&A Session on Facebook that their emission algorithm is not being released to the public.
However, we can observe how much ETN it pays out to various devices and try to back-calculate how it works.

Here’s what we currently know:

The mobile miner continually benchmarks your phone, determines how much available processing power it has at the moment, and assigns it with a certain hash rate (mining speed) in hashes per second (H/s).
Generally speaking, your hash rate decreases when you have more apps running (more apps take up more processing power and thus decrease the available processing power).
Generally speaking, newer and faster devices will have a higher hash rate and will mine faster.
The app communicates with the ETN servers on a regular basis and communicates the hashing power. Your pending balance is then credited with coins based on this rate.

Now that we know how it works, how much can you expect to mine?
The market price of ETN:
Keep in mind that if the price of ETN increases, it takes fewer ETN to make up $3. So an increase in price will mean that you’ll earn fewer ETN per month, and a decrease in price will mean you earn more ETN per month.

Your hash rate:
That is, how fast your phone can mine relative to the average user’s phone. If your hash rate is greater than around 30 H/s, you should earn slightly more than $3 worth of ETN per month.

How Much ETN for Every 1 H/s?
For every 1 H/s, my phones mine 0.0133 ETN per hour
For every 1 H/s, my phones mine 0.32 ETN per day
how-much-can-i-earn-mobile-miner-featured.jpg

now its your turn...........
tell me how much u mine with ur phone.....

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