How to Mine Electroneum - Mining App


A new crypto currency has emerged called Electroneum. What makes it unique from BitCoin and Etherium is the mining process which can be done using your smartphones. Yes, you heard that right, smartphones! They call it the Mobile Cryptocurrency which is simple to use and is powered by an App.

All you need to do is download the App once it goes live on November 1, 2017. App based mining allows even people with no technical knowledge to gain some Electroneum easily. No need for expensive hardware unlike BitCoin and Etherium mining.

How much can a Smartphone user earn by Mining?

The number of coins each miner will gain is directly proportional to the number of miners. According to their website, if there are 75,000 mobile miners in week 1 they are likely to get approx. 70 ETN coins per day on a fast android phone like a Samsung S8 if the app is in the foreground and running 24 hours per day. That equates to around $21 over 30 days with a retail price of $0.01. The number of coins mined will decrease as number of miners increase.

Electroneum’s Future?

They have already launched a custom blockchain that allows them to launch many new, disruptive, technologies and features to the cryptocurrency market. You may also see how it differs from BitCoin on the image below.

 

How and where do you start?

You can visit their site and sign up: http://electroneum.com/
Download the App from the playstore and start mining!
When they go live on the blockchain, you can start purchasing Electroneum from existing owners by using your BitCoin or other Cryptocurrencies to trade.

For people in the Philippines, if you don’t have a digital wallet yet or bitcoin funds you can sign up by clicking the link or image below and get 50Php from me as a referral bonus:
https://coins.ph/m/join/d3so7f

This is a blockchain powered platform where you can do a lot lot more than just trade BitCoins. You can, pay your bill, load any mobile phone and get rebates with your transaction. The option to send money anywhere is also available. It's safe secure and rewarding!

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