![]() However, the app was originally created as a browser extension, so it could simply be an evolution for smartphones. Therefore, it is questionable why this app is a browser at all, as this is not necessary for mining. In fact, there is no need to use a browser to mine cryptocurrencies. If this is the case, it is effectively a pyramid scheme.īut it is the third feature that is of most concern. In other words, this could be the source of the income that is distributed to the users of the app. The fact is that this rental has a cost, but it is in no way verifiable that the money is actually used to cover the costs of mining. The second feature that raises doubts is the fact that the app offers the possibility of renting additional computing power to increase mining revenues, via a cloud mining service. However, it remains a free app that does not require payments. If this were the case, it would even be possible to doubt whether the app actually does any mining, which would be marginal in any case, while the main objective would be to acquire users. In other words, it could be a pyramid scheme in which earnings come mainly from the new affiliations that are created and not from mining. ![]() In fact, it is possible that much more money can be earned from affiliations than from mining. However, there are three features that are puzzling, in addition to the extremely low earnings. Obviously, these figures are very low, since with the low computing power of a smartphone very little can be mined. The app’s screenshots, however, show the earnings in BTC, as it is possible to withdraw earnings in bitcoin. So if it is true that CryptoTab Browser mines cryptocurrencies, it certainly does not mine BTC, but for example XMR (Monero). However, there is more than just bitcoin mining, and there are other cryptocurrencies that can theoretically also be mined with a smartphone. In fact, the computing power of a smartphone is nowhere near enough to mine bitcoin. It is effectively a browser in its own right, to be used for surfing the web, but its main feature is said to be mining cryptocurrencies.įirst of all, it must be said that it certainly does not allow bitcoin (BTC) mining. CryptoTab Browser is an app that, according to its authors, allows browsing the web while mining cryptocurrencies.
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