Over the past decade, crypto mining has emerged as one of the most sought-after, reliable means of generating steady income for crypto lovers. Once considered an extremely expensive venture, crypto mining has come a long way, evolving into an efficient tool available even on smartphones.
The popularity of mining has led to the emergence of several crypto-mining-related applications that are readily available in the Apple Store. Today, you don’t need to be a venture capitalist or a crypto millionaire to start afresh in the crypto mining industry. All you need is an iPhone and an internet connection!
What is Crypto Mining?
For beginners, crypto mining is the process of recording and validating transactions on a blockchain network, which enhances the network’s security and integrity. Miners receive cryptocurrency rewards in exchange for their participation in blockchain operations.
Mining is essential to adding new blocks to the blockchain and preserving its serial order. It does this by resolving challenging mathematical riddles. In exchange for their computing labor, miners compete for block rewards, which translate into crypto token rewards. This keeps the blockchain decentralized and powers its operation.
Why should you mine on an iPhone?
In general, smartphone mining works in a similar way as computer mining for cryptocurrencies. You can mine cryptocurrency with a finger tap when you have a phone or tablet handy. And it goes without saying that iPhones are miles ahead of any other cell phone when it comes to performance and other critical aspects.
8 best crypto mining apps for iPhone
Lately, mobile apps specifically designed for Android and iPhone have been developed to facilitate mining. These cryptocurrency mining applications increase the likelihood of successfully mining blocks by using the technology in your smartphone to produce a specific hash rate.
While many crypto mining applications are available to Android users due to their security flexibility, the good news is that some mining applications are also available for iPhone users, irrespective of their iPhone’s encryption limitations.
Here are 8 crypto mining apps you can explore on your iPhone.
1. Bitdeer
Bitdeer is designed to make crypto mining on smartphones easy for users. The platform operates cloud hashrates (cloud mining), MinerPlus, and Datacenter. The application does away with the requirement for a lot of electricity and other processing power. It also provides round-the-clock assistance. With Bitdeer, you may mine more than ten coins, including Bitcoin, and receive payments straight in your digital wallet.
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2. ECOS
This is the first mining farm-style fintech startup to receive support from the US government. It enables customers to purchase hash rates and profit from cloud mining through its own data center in Armenia. ECOS offers $150 as the minimal amount for a mining contract. You may keep a thorough record of all of your transactions, and you are paid every day. It costs $50 to use this software.
Pros
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3. NiceHash
Another cloud mining app that allows users to purchase hash power to mine for profit is NiceHash. Miners can link their GPU or CPU to NiceHash to mine Bitcoin. One of the new features on iOS is Solo mining, where you may purchase packages to mine a block of Bitcoin.
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4. Hive OS
Hive OS allows users to configure and manage the mining operations on hundreds of mining rigs. The software finds the rigs automatically when you download it and shows you their details on your dashboard for simpler management. With just one click, Hive OS allows you to monitor your mining activity across many pools.
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5. Kryptex
Kryptex is an application for iPhone users that allows users to manage their cryptocurrency mining operations smoothly with its user-friendly interface. This application operates on Windows and iPhone and pays users in bitcoin or fiat currency that can be withdrawn to their bank card or wallet. The minimum withdrawal amount is $0.5.
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6. Trustpool: Crypto Mining Pool
Unlike other mining apps, Trustpool is a unique application that allows users to mine only crypto tokens and monitor deposits and yields with a fixed commission of 1%. The application supports crypto coins like BTC, Litecoin, DASH, and BCH.
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7. Mineable – Earn Passive Crypto
This is a mining platform that allows users to start mining crypto for as low as $10. Users are rewarded with the native token $MNB each time they mine, which is then deposited directly to their wallet. Miners can upgrade their mining hashrate by buying GPUs for better efficiency. Similar to hardware mining pools, this application is built by miners for miners.
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8. Braiins pool
Braiinspool mining is a mining pool with current hashrate of 11.46EH/s and over 1 million BTC mined since 2010. It is also a mining platform where users can mine tokens and, at the same time, keep abreast of changes in their mining progress. The platform offers various packages to users, such as reward slipping and monitoring.
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Signing off
As the price of Bitcoin surges, crypto mining is going to become more popular by the day, attracting miners from all over the world. Miners can now access mining through a click on their smartphones. However, it is important that readers do their own research before making any investment-related decisions.
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