Electroneum Mining M1 Phone Has Potential
Electroneum Mining M1 Phone Has Potential
It would appear as if a lot of manufacturers pay attention to blockchain technology and cryptocurrency. This becomes apparent given the launch of blockchain mining phones and devices capable of supporting cryptocurrencies like Bitcoin out of the box. The Electroneum team, while building an altcoin for the mobile ecosystem, has also built a phone. Known as the Electroneum Mining M1, it can be rather appealing to the right people. "Electroneum Mining M1 Phone Has Potential"
One would not necessarily expect that a cryptocurrency electroneum project to unveil its own native phone. Building Electroneum Mining device is one thing, but ensuring it can be distributed on a large scale is something else entirely. In the case of Electroneum, the team has built a new phone known as the 1. While it still unclear who manufactured it exactly, the M1 Phone device will provide people with access to ETN cloud mining.
For those who have paid close attention to Electroneum, the team has developed mobile cloud mining apps. These cloud mining app were released on both iOS and Android in recent weeks. So far, M1 phone would appear as if the community has responded positively to these applications. While Cryptocurrency users need to perform a brief KYC form procedure before access to the service, they will earn a small passive income every month from running the application.
By taking this concept one step further, the Electroneum team confirms they are seemingly in it for the long haul. A physical product release was not what most users expected from this Electroneum project anytime soon. However, the project team is not too pleased with how the phone industry is evolving. These days, paying $1,000 for a new phone every year or two years is slowly becoming the new normal.
Especially for people who live in developing countries, such devices are not accessible nor affordable. The Electroneum.M1 aims to offer a cheap and viable alternative in this regard. electroneum mining M1 phone is an Android device running version 8.1 Go, powered by a Quad Core 1.3Ghz CPU. M1 phone also supports 4G and dual SIM cards, which can be of great value to residents in developing countries.
Although M1 phone is not designed to be a powerhouse by any means, it can still be a promising development. The main focus of the team lies with selling this $80 M1 phone to as many people as possible and expand the Electroneum ecosystem in the process. According to cloud mining, users will receive up to $3 worth of ETN per month by running the cloud mining application. It is a very slow option to make money, but it can help offset some costs.
Additionally, the Electroneum cloud mining app recently introduced new features. Users can now top up their air time in select countries, which was introduced just ahead of launching the M1 phone. While there will be some debate as this is the first cryptocurrency mining phone on the market, it is a development which will bring some more positive attention to cryptocurrency as a whole.
