Electroneum (ETN) is a cryptocurrency that can be mined with in your mobile phone. To mine ETN currency you don’t even have to be familiar with technology or trading. This feature distinguishes ETN from other cryptocurrencies such as ETH and BTC which required expensive hardware and technical knowledge.
Mining Electroneum in your smartphone enables anyone to earn ETN coins by letting the miner app run in the background. And it is really simple and don’t eat your cell phone battery power.
ETN miner app was designed specifically with smartphone users in mind. As its attracting 2.2 billion mobile users around the world. Unlike other crypto-currencies, Electroneum has a user-friendly, simple UI and UX that help basic level users to transfer their Electroneum coins to each other; they can check their balances and mine coins like 1, 2, 3.
Being a great cryptocurrency, Electroneum is created electronically and has no physical existence. And since it is wrapped by the blockchain technology, it is not controlled or managed by any one person, company, authority, or government.
The Electroneum app is mining ETN based on the CPU capacity of smartphone but it won’t actually use any CPU power to mining. The Electroneum app will read the available CPU power on smartphone and adjust the mining rate accordingly.
How to Mine Electroneum
Mining Electroneum on a smartphone is really easy:
- Download the app to your device and create an account on the Electroneum official website (my.electroneum.com/join/Fbanks)
- Log into the app using your credentials.
- Go to the Miner tab at the bottom and click the Start Mining button.
The Android mining app can be downloaded from the Play Store. The iOS version, however, is still under review by Apple and will be published once approved.
In addition to mining, the app can also be used to manage your online Electroneum wallet, send and receive ETN, and view live ETN exchange rates.
The app will not consume lot of data. Data will be required to communicate with the server for account balances and transactions but will be kept to a minimum. Most of crypto traders shared their experience that they are earning around 12 ETN per day on their smartphones.