I wasn't aware of mining from your mobile, but ETN allows that, not sure if you mine through your phone or they just make that app so they can deliver their tokens for free, but maybe I am wrong.
What is ETN?
Electroneum (ETN) is just another cryptocurrency, they are focused on their mobile wallets and they try to bring more user friendly wallets to mobile users since we all know that a lot of people use smartphones.
Source
What does ETN solve?
- Privacy - while other coins like Ripple, Stellar and few more, they are broadcasting a lot of transactions per second, reason they do that is because I think they are centralized. ETN follows the Monero privacy system.
- Mobile wallets - you can use your mobile wallet so send funds to every ETN wallet.
- Instant payment - I know that ETN team is working on a payment service where you can use your mobile wallet to pay for coffee or other small services, yet this may become huge once they hit mass adoption.
If we take the worldwide data about smartphone users in billions we would get those numbers:
How can I mine ETN?
To mine Electroneum (ETN) is very simple, for android users at this moment, you just need to download the app called Electroneum published by Electroneum Ltd from the Appstore/Playstore on your android mobile, after that you need to create a wallet, just follow the instructions and once you create it you need to hit "Start Mining" and it will start to mine ETN to your wallet, you can also refer your friends and family and get extra ETN's from their mining. If you having a trouble finding the app you can click here and it will lead you to the app.
ETN stats:
CoinMarketCap rank: #44
Market Cap: $180,643,435 USD (27,201 BTC)
Volume 24h: $1,570,740 USD (236.52 BTC)
Circulating Supply: 8,071,719,960 ETN
Total Supply: 21,000,000,000 ETN
If you are already mining and you haven't put any referral to your account I will be happy if you could use mine, here is my ETN referral code: 3D37D2, thanks.
What is your opinion about ETN, do you think it will go to places?