CRYPTO NEWS AGREGATOR
Wed, Sep 15, 2021 7:35 PM by Dennis Y.

Minefield: Bitcoin Server Mining — All You Need to Know

BTC Server Mining

In the next article of our series on mining, we talk about what to do if you don't have the possibility or desire to overload your computer with mining, and you are not ready to buy ASIC or build a farm of mining rigs. Is there a possibility of Bitcoin server mining on your smartphone? And if yes, is it profitable? Let's discuss.

Bitcoin server mining with smartphone

In this review, we will consider the concept of server mining as mining without significant energy consumption, using remote servers. In this regard, it is most common to talk about mining on smartphones.

But in this regard, it is important to know one very important change in mining on smartphones.

Google and Apple restriction on mining apps

Google policy

In 2018, Google officially prohibited direct mining on smartphones and removed all mining apps from the Google Play Store.

This is generally a good thing for two reasons:

  • Among these apps were many fraudulent ones that stole users' data, scammed them out of their money, or simply weren't of any use.
  • The point of mining is to see who can finish the block first. And classic miners have an undeniable advantage over those who mine on even the most powerful gadgets. This makes mobile hardware mining pointless, not worth the effort. Moreover, it severely degrades your gadget and especially the battery.

Apple Policy

The maker of iPhones/iPads says approximately the same thing. Applications are allowed only if they do not extremely waste battery power, do not place an excessive load on the system, and do not cause the device to overheat.

What you are allowed to do with mining on your phones

Nevertheless, it is possible to use mobile phones for mining. Although, the rules only let the crypto apps remotely control and adjust different mining aspects.

What kind of apps can these be?

  • Managing your account in a mining pool
  • Managing and accessing cloud mining servers
  • Accessing wallets, depositing, and withdrawing cryptocurrency
  • Monitoring and optimization of the mining process and so on

For example, here is a list of popular apps for Apple devices (for iOS or macOS) in SourceForge's catalog.

Here are just a few popular app titles: CryptoTab, NiceHash, SparkPool, Slush Pool, BSOD Pool, F2Pool, Antpool, Ethpool, Minerstat, ECOS Mining, Robomine.

Alternatively, you may be offered to download Bitcoin server mining apk files for manual installation from somewhere other than the official store (we do not recommend this, but it is up to you to decide in the end).

You need to be especially careful here. Because downloading from unverified sources has a potential risk for threats, which we have already mentioned.

Moreover, as you know, even the presence of an app in the official store is not a 100% guarantee that it is not malicious.

If you decide at your own risk to mine on your phone directly, you would have to face these nine following steps:

  1. Install
  2. Create an account
  3. Choose your crypto (Bitcoin for our case)
  4. Choose the level of your phone's processing power (from low to maximal).
  5. Check if this type of mining makes sense. As a rule, a good app provides its internal native calculator to estimate right away how profitable it is to even start.
  6. Choose a suitable mining pool
  7. Set up your wallet for crypto
  8. Start mining
  9. When you have enough crypto, you can withdraw it or transfer it somewhere else.

Precautions for Bitcoin server mining apps

Before you use a mining app, be sure to verify that the following conditions are met:

  • The app actually mines, not creates the illusion.
  • You have verified that the costs and revenues associated with this type of mining are commensurate.
  • You have verified that the app does not steal personal data or inject your phone or computer with a virus.
  • You must be sure, you can really withdraw the money in the future.
  • When withdrawing, in order not to lose your funds irreversibly, check the wallet address clearly.

Bitcoin mining software: best samples for other platforms (desktops, laptops)

Since we started talking about software, to complete the picture, let's consider not only mobile mining software, but also the best direct mining applications. Although this is a topic for a separate article.

That software's task is logical: to provide access to the network for mining devices, to allow mining itself, access to pools, as well as to set up mining parameters, input, and output of the mined Bitcoins.

Here is a list of applications that are well known among miners: CGMiner, BTCMiner, MultiMiner, BFGMiner, EasyMiner, Cudo Miner, NiceHash Miner, Kryptex Miner, ECOS, BeMine, Awesome Miner.

After all, is the Bitcoin server mining apps legit?

We have already begun to partially answer this question at the beginning of the article. Let's finally formulate the answer to dot all the "i's" once and for all.

That question rests on three axes.

    1. Policies of big market players and smartphone manufacturers (see above).
    2. Isn't it a scam? Didn't scammers make this app (see "Precautions" section)?
    3. The global legality of the mining as itself.

It all depends on the location. Also, things change very quickly. Therefore, check the relevant legislation on digital assets and cryptocurrencies of a particular country at the time of reading this article.

For example, there are no direct bans on mining in the US and Europe. The main thing is that in doing so, you do not steal electrical power. Which in the case of mining on a smartphone or on a single computer or laptop is not a problem. In countries where mining is illegal, it is all about the power consumption imbalance.

For example, China has recently severely restricted mining. Besides, there are restrictions on mining in India (it is hoped that this issue will be resolved soon), Ecuador, Iran, Thailand, Denmark, and a number of other countries.

At the same time, various legislative initiatives have a very mixed impact. For example, El Salvador, a small country in Central America, has legalized Bitcoin as the legal payment tool lately. But has that made mining legal? It is possible that there will be some sort of prohibition or restriction soon because otherwise the influence of the state will be lost on the production of legal payment means.

Another example is Ukraine, where in September 2021 the government legalized cryptocurrencies.

Government-wide programs are one thing, but banning or allowing specific instruments is another. And there can be no straightforward answer here.

Bottom line

Direct Bitcoin server mining for smartphones is theoretically possible, but it brings lots of risks, extremely low efficiency (we would even say, losses), and is not approved by Google and Apple.

Nevertheless, on smartphones, it is possible to remotely manage mining, your accounts, wallets, participation in pools, and cloud mining. If you decide to use a particular tool, you should take the necessary security measures.


The content of this article is for informational purposes only and should not be construed as investment advice. We ask you to do your research.

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