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Home News Bitcoin

Mining bitcoin with your iPhoneX: Everything you need to know

Nicholas by Nicholas
February 20, 2018
in Bitcoin, Education
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What comes to mind when you think about bitcoin mining? Probably some heavy GPU machines connected together, in a factory-like setting, right? Well, that may be true, but did you know you can mine with your iPhone too? Surprised? Well, don’t be, because it is true; you can mine bitcoin with an iPhoneX! Here is how to go about it.

Install mobile miner

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The first step to mining bitcoin on your iPhoneX is to download an app called the MobileMiner. This app allows you to deploy your own project. If you are a non-techie, you can download it precompiled and start mining. Alternatively, if you are a developer, you can compile it yourself using the following steps.

Go to the Mac App Store and install Xcode on your Mac. From there, log into this platform with your Apple developer ID. Make sure that you log in using this ID within 7 days of getting the app. Failure to do this, and Apple will require you to reconnect your iOS device with your Mac and recreate the account.

Once you have logged in, connect your iPhoneX to your Mac through a trusted network. The idea is to protect your Mac and iPhoneX from hackers.

The next step is to download the MobileMiner IPA as well as the iOS App signer.  At this point you will be in a position to create an Xcode mining project. Creating the project is quite easy since it entails opening the MobileMiner, signing the certificate and saving the IPA on your desktop.  At this point, you should see your MobileMiner application on your iPhoneX screen and start mining.

The mining process

With your MobileMiner configured, you should be in a position to mine bitcoin in the background, even as you go about your other business on your iPhoneX.  You just need to allow for notifications, and you will get notified every time you earn some bitcoin reward from your mining endeavors.
So is this process worth it?

Well, while it is interesting to know that your iPhone is mining you some bitcoin, you need to know that mobile mining will not earn you much money.  The average you can make every hour is $0.02. That adds up to around $3 a week.  Not much, but at least it introduces you to mining, and can give you an idea of how to get into mining on a wider scale.  Besides, even that $3 is basically free money since it doesn’t stop you from using your iPhoneX for any other endeavors.
The downside of mining bitcoin with your iPhoneX

The biggest challenge you will face while trying to mine bitcoin with your iPhoneX is the battery life. As you already know, bitcoin mining is a very energy intensive process.  As such, you can expect that you will be charging your batter every so often if you choose to mine bitcoin with your iPhone X.  This can be quite inconveniencing considering that it is not earning you much.

Tags: bitcoin miningiPhoneXMining bitcoin iphone
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