Dineshkumar Ponnusamy

I was just searching the internet for chances of mining through mobile, how the mining works, is it really possible to utilize the hash rate of mobile for verifying the bitcoin transactions and all.

I found couple of applications (Android App) which does somewhat equivalent of the mining. They are actually displaying some google ads and providing some Satoshi's as points. Satoshi is the unit for measuring 8th digit of bitcoins.

Still am not sure whether they will provide the bitcoins or not, but their idea is inspiring.

How it Works?

1. They ask you to watch some videos (advertisement from Google Video ads) and give 300 satoshi for each video.
2. Install some applications and complete certain levels (mostly games, non-popular games)
3. Complete some surveys, usually redirect to some spam websites.
4. Without doing anything for every half an hour they provide 1000 satoshi. You need to claim it every half an hour otherwise it will wait for your confirmation to proceed further.
5. You can boost the half an hour to ten minutes by paying 2000 satoshi fees for limited time (I guess 60 minutes).

Another application simply displays some dummy hash rates, and adding satoshi's you need not to interact with it, just keep simply running in background. sometime they provide free 300 satoshi to watch an ads (most of the time it didn't work).

Here is my summary:

1. Let's assume we are using both the apps and running continuously for 10 hours a day (it's possible I believe).
2. Will use the boost technique (2000 satoshi fee for every 60 minutes), so we need to spend 20K satoshi everyday.
3. In 10 hours, we have about 600 minutes, 10 minutes each 1K satoshi, so for 600 minutes we will get about 60K satoshi. (It doesn't include the video points)
4. In a month we work around 20 days (assumption) and it will be about 1.2 million satoshi in the first app and somewhere around 1 million satoshi in second app.
5. In total around 2.2 million satoshi, which is equivalent to 12K+ INR as of today's bitcoin price.

Am just trying out for some extra cash handy, will update the post if it works with the application names and links. 

How to buy ETN?
1. Register in cryptopia and coinbase.
2. Buy Bitcoin from Coinbase using CC or savings account.
3. Transfer bitcoins to cryptopia Bitcoin wallet.
4. Buy ETN with bitcoin in cryptopia.