Have a look into the Android Altbeacon library. It can do what you need with battery saving features.
Regarding approach 1, sample code from the library below.
public class MonitoringActivity extends Activity implements BeaconConsumer {
protected static final String TAG = "MonitoringActivity";
private BeaconManager beaconManager;
@Override
protected void onCreate(Bundle savedInstanceState) {
super.onCreate(savedInstanceState);
setContentView(R.layout.activity_ranging);
beaconManager = BeaconManager.getInstanceForApplication(this);
// To detect proprietary beacons, you must add a line like below corresponding to your beacon
// type. Do a web search for "setBeaconLayout" to get the proper expression.
// beaconManager.getBeaconParsers().add(new BeaconParser().
// setBeaconLayout("m:2-3=beac,i:4-19,i:20-21,i:22-23,p:24-24,d:25-25"));
beaconManager.bind(this);
}
@Override
protected void onDestroy() {
super.onDestroy();
beaconManager.unbind(this);
}
@Override
public void onBeaconServiceConnect() {
beaconManager.removeAllMonitorNotifiers();
beaconManager.addMonitorNotifier(new MonitorNotifier() {
@Override
public void didEnterRegion(Region region) {
Log.i(TAG, "I just saw an beacon for the first time!");
}
@Override
public void didExitRegion(Region region) {
Log.i(TAG, "I no longer see an beacon");
}
@Override
public void didDetermineStateForRegion(int state, Region region) {
Log.i(TAG, "I have just switched from seeing/not seeing beacons: "+state);
}
});
try {
beaconManager.startMonitoringBeaconsInRegion(new Region("myMonitoringUniqueId", null, null, null));
} catch (RemoteException e) { }
}
}