Exciting news for ETN again! They've announced they're going to be listed on Ku Coin next week!

Source: https://twitter.com/electroneum/status/964454235684458496

and apparently they have some 'big exciting news' (Samsung?!)

Source: https://twitter.com/electroneum/status/964133417339191296

It really has been asked at least a million times. I will answer also so we can have a million answers to the same question to help balance it out.

Basically you are not actually mining. As long as a phone has Play Store (it will come to Apple store in the near future) and lets you download it then it will work, which will be for most, if not all Android phones.

It is just an app that will make it look like it is mining by simulating to give you the mining experience. How much you mine will depend on the specs of your phone as the app will look up what specs of your phone and based on that your hashrate (how fast you mine) will be determined. An example would be, you can expect an Samsung Galaxy S8 to mine more than say an S7 or S6.

Now keep in mind, there is no actual mining going on in the traditional sense, so it will not be using up much if hardly any at all of your phones resources. This means your phone will not get boiling hot and the battery will not get drained super quick. My guess would be it will just run in the background and use 1-3% of your battery life for the day. If it was real mining, your phone would be boiling hot and the battery would last probably about an hour.

It being simulated mining does not take anything away however. You still get Electroneum just like real miners do. Same result, just witout making your phone useless while doing so.  I hope this helps explain it further

to me that sounds alarming. if the dev is a marketing specialist with scam clients like herbalife than this is not an argument for this coin. rather the opposite.

what good is all the "mobile mining" pitch, when it isn't real mining but just fake mining? I mean, what is the point of your coin when the only new feature isn't a feature but a simulation.  imho, this entire coin is a simulation. beware of investing in such crab. incredible.

On Feb 27th they are going to release mobile miner, may be the price of ETN will increase in the market. Many people are holding lot of coins in the market because mobile miner will be released.

Because the scenario of trader is always want to get profit and never thinking about lose.
So when the price minus then they will just panic. Thats what they did. Panic and sell their asset into lose position.

Everybody is waiting for the biggest pump, although every one who invested in their ico are already on profit, if all these completed we hope to see electroneum at $1 this is a moderate prediction there are still a lot of updates coming our way until the price reaches $10.