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Ask HN: What do you think of mobile crypto mining?

1 pointsby steveappdevabout 7 years ago
Hey folks!<p>Before y&#x27;all pitchfork me, I am just curious with this aspect of mining. Let&#x27;s say if Twitter suddenly decides to add a blockchain stack to their mobile app. You will get paid to provide processing power using a proof of stake (PoS) algorithm. I mean these social networks have millions of users, wouldn&#x27;t it be great if they pay for usage?<p>Those are some of my dumb thoughts, but I have seen people have great thoughts that they could share here.<p>Best Regards, Steve

2 comments

gaspoweredcatabout 7 years ago
The problem is most of us are already limited in what we can do on our devices by battery life and mining will serve only to drastically shorten the runtime of your device<p>Also PoS is not generally mined or if it is it will have a PoW phase to mine the coins until all are created and it then becomes PoS
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steveappdevabout 7 years ago
If you need a reference, you can take a look at Electroneum: <a href="https:&#x2F;&#x2F;electroneum.com&#x2F;" rel="nofollow">https:&#x2F;&#x2F;electroneum.com&#x2F;</a>