Phoneum is a mobile app that you can mine, send and receive Phoneum cryptocurrency (PHM). The best thing about Phoneum is that project is just mobile devices using android and ios, pc users can’t mine. All miners using Phoneum will be rewarded equally. So these things make Phoneum a unique project.
You don’t need to know any technical knowledge to use Phoneum. You only install the app, log in and start to mine. It is just simple that. If you have got more than one device like phones or tablets, they can be used to mine just logging in your same account. 20 devices are the limit for that. Instead of throwing your old phones and tablets, it is really good to use them to mine PHM.
To mine other cryptocurrencies firstly you have to invest on mining devices that are really expensive, but to mine PHM you can use your phones which are already bought. So there won’t be burden to your wallet. Also if you cannot afford to buy high-end, a low-end one with running android 4.1 or ios 10+ will work. Phoneum gives equal mining rights to every phone, because it operates based on proof-of-work and proof-of-time consensus mechanisms.
Phoneum still continues on beta test and the real app will be released in September 2018. The tokens that mine in alpha and beta stages will be destroyed, but this tokens are helpful for airdrop tasks to reveal real tokens by completing these tasks.
For more information you can visit https://phoneum.io
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