Crypto Mobile Mining Apps : Are they Only Interested In Your Data?
Have you ever tried to do any of these mobile mini apps, where you download an app on your mobile phone, click some buttons and you start earning some tokens, especially the native token of the app. You might think it is an easy task, all you have to do is do some simple tasks here and there and some earning. These tasks involves daily log in, some of them involve weekly logins. But the main point is you have to do consistent tasks that will get you qualified to earn these tokens. Its all psychological, you might think its an easy task and it won’t cost you anything, but your consistency is what you will value more, that is what you will get attached to.
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You find yourself going from, I dont care, its an easy task, to I care, I will like to know how much my effort is worth. If you check a lot of mobile crypto mining apps, a lot of users are very hopeful about their projects, their comment sections is filled with a lot of concerned miners wanting to know when they can sell their mined crypto for real cash, because they want to see the value of their effort. Most of these crypto mobile mining apps see the efforts of these miners, then hit them with the KYC. KYC is called Know Your Customer, where a platforms request for customers identity details for verification. While this helps to prevent sybil attacks, this can also be used by this companies to data mine humans information.
Data mining and privacy breaching is something that most of these companies are guilty of, because, some of these crypto mobile mining apps mine worthless coins, but before they place value on these coins they make a compulsory KYC policy, to redeem your coins you have to do KYC, after doing KYC you find out that these coins dont worth your time, its more like they care more about KYC than the little change they give you for mining. Who knows what they do with your details? Why do they need KYC? Lots of people dont associate theirselves with projects that do KYC for obvious privacy reasons and I know why now, the world and internet is a crazy place, so its better to be careful who gets your details.
Posted Using LeoFinance Alpha
Yes it's a lot of work and requires concentration but then you just don't want to miss any chances of mining daily or weekly. I even had to uninstall Some of my fun apps just so I can get maximum concentration 😪😪😪
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