Yes, you can mine cryptocurrency using your phone such as Android Phone or iPhone, by using appropriate mobile apps, you can set your smartphone to the task of computing hash
A hash s a way one of transforming of data but you can not mine bitcoin as it requires many computing power, by using your phone as a mining rig, its battery, and other hardware will die quickly. you can mine dogecoin, Monero, altcoins, etc... using your phone.
Mining cryptocurrency using will not yield much money to be worth the effort and time you put into it, it's better to use a powerful computer.
People using powerful computers get more incentive from mining than those using smartphones, using smartphones for mining will make your phone die in a short time .but there are some cryptocurrencies that don't need much power, you can mine using your phone.
There are software made for mining, and miners invest their money in ASIC mining devices to scale their profit and increase their mining yields, this also gave birth to the mining pool, where more computer power are brought together to improve miners' chance of solving the algorithm problem and get rewards.
How can you mine using your Smartphone?
1. Android solo mining
2. Cryptocurrency Pool Mining
Here are popular apps to mine on your phone
- Minergate by using minergate, you will be able to mine different altcoins such as monero , Minergate is easy to use and fast to set .
- The bitcoin miner is also very popular and is being used by many who want to mine cryptocurrency using their phones.