🚫 Google bans eight fake crypto-mining apps: here’s how to find the best instead ⚒️

CUDOS
CUDOS
Published in
4 min readSep 13, 2021

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Introduction

The delisted apps that fraudulently sold mining services include, BitFunds, Bitcoin Miner, Daily Bitcoin Rewards, Crypto Holic, MineBit Pro, Bitcoin 2021, Ethereum — Pool Mining Cloud, and a crypto wallet service named Bitcoin — Pool Mining Cloud Wallet.

The report further claims to have found over 120 fake crypto-based apps in Google Play Store with over 100,000 downloads. This highlights the growing attention cryptocurrencies have managed to garner over time.

Crypto fans keen to explore mining must be mindful of the fake apps and use only trustworthy mining platforms.

Learn more: Staking’s colossal growth — is proof of work actually becoming extinct?

How to spot a fake crypto-mining app

Here’s a simple process you can go through to identify if a crypto mining app is fake or worth exploring:

  1. Head to the app review section and read the critical one-star reviews. These often reveal what real users are saying about the app.
  2. Enter an invalid or wrong cryptocurrency wallet address. Trend Micro found that malicious apps continue to process despite incorrect wallet addresses. It is a red flag if the app keeps running with invalid information.
  3. Mining actions on fake apps are simulated with local time counters. So, once you restart your phone, these fraudulent apps will reset the counter. If this happens, the app is likely fake.
  4. If the app offers free withdrawals with a low or non-existent limit, this is another reason to be suspicious.

Explore reliable mining platforms

If you are a beginner, you will be surprised at the number of mining apps when you search for them in any app marketplace. But as is true with anything in the crypto space, do your own research (DYOR), engage with the community on telegram and message boards, and pick the one that works for you.

Of course, we are biased, but an option to explore is Cudo Miner. Our full suite automates 95% of the mining process.

Cudo Miner is easy to install and user-friendly for professional miners or newcomers. Packed with features, it helps you earn as much as possible from your device and supports higher profitability without compromising the lifespan of your hardware.

Learn more: Cudo Miner Software Review (independent review)

How to install Cudo Miner

To install Cudo Miner, visit Cudo Miner and download the app. Cudo Miner supports Windows 7 or later (x64), macOS 10.9+, Ubuntu 18.04, CudoOS and ASIC.

Sign up for a Cudo Account by entering your email address and password or by using one of the alternative methods listed. Follow instructions from the starter kit to verify your account, connect your device, and configure your settings.

Once you are all set and start mining, head to the transactions tab in the web console to withdraw funds by choosing your payout coin option.

How you benefit from the Cudo Miner

The Cudo Miner platform includes an easy-to-use desktop application and a dedicated Web Console for monitoring, remote management and optimisation. The advantages of the platform include:

  1. It is an end-to-end solution that combines stats, monitoring, automation, auto-adjusting overclocking settings, reporting, and pool integrations.
  2. The intelligent algorithm and automatic coin switching ensures that you mine the most profitable coin.
  3. One-touch interface manages and monitors your devices’ health, power, and performance on your desktop or Cudo Web Console.
  4. It is easy to track commissions and manage your withdrawals in the cryptocurrency wallet from the Cudos Web Console.
  5. Mining crypto on Cudo Miner is sustainable and ethical as Cudo offsets all carbon energy used by supporting projects that generate active carbon reductions.

Learn more: Cudos helps the world reduce wasted computing energy

Conclusion

A growing number of apps make crypto-mining accessible, lowering barriers to entry. Unfortunately, some of them are simply attempting to get your money without creating any value. By following the simple steps outlined above, you can pre-scan them and avoid fraudulent ones. Although we are biased in favour of our product, we think you too would love it if you try it.

So, go and download the Cudo Miner now and see for yourself how great it is!

About Cudos

The Cudos Network is a layer 1 blockchain and layer 2 computation and oracle network designed to ensure decentralised, permissionless access to high-performance computing at scale and enable scaling of computing resources to 100,000’s of nodes. Once bridged onto Ethereum, Algorand, Polkadot, and Cosmos, Cudos will enable scalable compute and Layer 2 Oracles on all of the bridged blockchains.

For more, please visit:
Website, Twitter, Telegram, YouTube, Discord, Medium

Originally published at https://www.cudos.org.

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CUDOS
CUDOS

CUDOS is powering AI by uniting blockchain and cloud computing to realise the vision of a sustainable, equitable, and democratised Web3.