HTC Adds Monero (XMR) Mining on Blockchain Smartphone Exodus

Mobile phone manufacturer HTC has announced it will allow users to mine Monero (XMR) through its blockchain-enable phone Exodus.

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The announcement comes amid a partnership with ASIC chip design firm Midas Labs and their application DeMiner.

HTC is wanting to reduce the high energy consumption associated with cryptocurrency mining by reallocating work to their mobile devices.

Phil Chen, HTC

Midas Labs founder and DeMiner CEO, Dr. Jri Lee stated, “We developed the DeMiner app such that a smartphone device will have a hashrate comparable to a desktop, while consuming much less power.”

Last year, HTC released its Exodus 1s smartphone, which enables users to run a full bitcoin node on the device.

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