Cryptocurrency mining was the ultimate trend of 2017, but this craze has fizzled out ever since due to a steep decline of mining profitability. While ASIC manufacturers have already established a monopoly, is still important to know whether there are alternatives.
MyBroadband has recently conducted an experiment the purpose of which was to determine how much money one could make while using Huawei P20 and Galaxy Note 9 for mining Monero. They’ve found out that it would cause severe overheating of both devices, which would also throttle their hashing power.
The real revelation, however, that the cost of charging the phone actually surpassed their minuscule “earnings”. Furthermore, it would take about 40 days to reach the minimum withdrawal limit on MinerGate.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Godfrey Benjamin
Yuri Molchan
Dan Burgin
Vladislav Sopov