Electroneum is the first cryptocurrency that allows users to mine coins with a mobile phone. This new feature will allow millions of smartphone users around the world to get started with cryptocurrency mining, an industry previously reserved for computer geeks and nerds.
The mobile miner launched on 5 March 2018.
Electroneum uses a special ASIC-resistant mining code. This makes it different from Bitcoin, for example. In Bitcoin, users can use specialized pieces of hardware that are called ASICs. These chips are expensive to buy. This makes it impossible for every potential user of Bitcoin to run their own node and mine the currency.
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.
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