Bitcoin is one of the most valuable cryptocurrencies in the world. The price per chip, which can reach hundreds of millions of rupiah, makes some people compete for mining to get this virtual money. Then, can mine Bitcoin on Android?
If some time ago you could only do the mining process using a special computer device, now you can do mining through an Android phone. However, there are a few things you need to pay attention to. Check out the following tips for mining Bitcoin via Android.
Also Read: How to Transfer Bitcoin to PayPal Safely
What is Bitcoin Mining?
Mining Bitcoin (mining) is the process of solving quite complex mathematical cases. Miners or Bitcoin miners are in charge of verifying and recording every Bitcoin transaction that is processed on the Blockchain network so that all transactions can be recorded properly.
This mining process does not run individually or by certain companies, but by thousands of computers that are connected to each other. These computers use the same program to form a network called blockchain.
To be able to do computing on a large scale, you need special equipment and a lot of energy. Even a special mining computer unit that costs hundreds of millions of rupiah. Naturally, if mining through a computer requires no small cost.
As technology develops, you can now do the mining process from an Android-based smartphone. Although Bitcoin is generated much less than mining through a computer, this method can be an alternative for beginners who want to learn to mine.
Tips Mining Bitcoin on Android
As previously stated, the mining process is not simple. For novice miners who are new to the crypto world and want to try mining through Android, it’s good to know the following tips:
1. Prepare Device
During the mining process, miners are required to race against other miners. Device specifications are one of the important capitals for computing quickly, thus opening up opportunities for success in getting bitcoins.
If you decide to become a miner through Android, make sure you prepare a capable device. Use a smartphone with a processor specification that is large enough so that the device’s performance becomes faster.
2. Choose Bitcoin Mining App
Another thing that is no less important to pay attention to when you want to try mining on Android is to determine the right application. There are several choices of applications that can be used to mine, so choose according to your needs.
For example, the Crypto Miner application is suitable for beginners because it has an easy-to-understand interface compared to other applications. Not only that, this application also has a relatively simple operation.
3. Create a Bitcoin Wallet
Apart from setting up the device and selecting the app, don’t forget to create a Bitcoin wallet. Later this wallet will be used to place Bitcoins obtained from the mining process.
There are several Bitcoin wallet options to choose from such as Indodax, Trezor, and Exodus. Choose the Bitcoin wallet that best suits your needs.
4. Be Patient when Mining
The last tip when doing the mining process is to be patient. Like mining for gold, mining Bitcoin requires extra patience. Because you have to compete with thousands of other miners who have the same goal, which is to collect Bitcoin.
There is no need to be discouraged if your efforts have not yielded results at the beginning of the mining process. Continue to improve your skills and knowledge about Bitcoin mining so you can realize your dream of collecting as many Bitcoins as possible.
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Also Read: How to Mine Bitcoin with Software, Beginners Must Know!