I was interested with the mining operation to earn some crypto and contribute to the network safety. However, the Hash power required made it impossible for me to earn with my smartphone. If there are a legit way to do it with common device at our disposal I won't mind stacking during this bear market.
Thanks
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definitely not Bitcoin. you might be able to CPU-mine weird noname altcoins with a high-end smartphone, although you'll still be at a disadvantage against botnets multipools that hop between networks according to price and hashpower.
if you're just a beginner, it is better to channel your interest into learning, and your funds into stacking. the most realistic contribution you could make to the network might be to add liquidity on lightning.
The easiest way you can add liquidity on LN is to attach coinos wallets (send and receive) to your SNs account.
That way you are using LN many times a day and thus building liquidity for the LN.
Small scale BTC mining is generally not a viable economic proposition.
I mine small scale using free solar power but even with free power supply the cost of the Nano3 4tb miner (USD$99) will take years to recover- if it lasts that long.
The only way you might make a profit is to try solo mining and hope to strike it lucky winning a full block reward.
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Only @Solomonsatoshi can give you the best answer for this amazing question.
@Darthcoin avoids genuine questions like 'show us your SNs wallet history graph.'
@Darthcoin is incapable of reasoned debate and contest of ideas because all he stands for is moronic bullying, trolling, deliberate misrepresentation and serial hypocrisy. He calls it a game.
@DarthCoin claims he is 'living on The Bitcoin Standard' but in truth he never uses Bitcoin on Stacker News because he has refused to attach LN wallets. All his transactions here are done using CC tokens 'because 'CCs always work'
@Darthcoin knows a lot about LN and BTC as could be expected from an state surveillance operative infiltrating a group where anti government views are expressed.