There has been an influx of companies building blockchain-oriented smartphones. The HTC Exodus, for example, is a very intriguing device, and it will soon allow for the mining of Monero.
It is very uncommon to mine cryptocurrencies with a mobile device.
A Different Adventure for HTC Exodus Owners
While it is certainly possible to do so, it is often advised not to engage in this activity.
Most well-known crypto assets cannot be mined on mobile, albeit there are some exceptions.
Monero, for example, has always been oriented at being mined with regular computer hardware.
As smartphones evolved and became more powerful, they seemingly become a welcome addition to the mix.
HTC at least seems to think that this is an option worth exploring.
Through its HTC Exodus device, users will be able to mine Monero directly.
All of this will be unlocked through a new application called DeMiner.
In terms of further decentralizing mining Monero, this is an intriguing development no one really expected.
It is also a further commitment by HTC to bringing cryptocurrency adoption to a bigger audience.
How successful this new option will prove to be, remains to be determined.
Everything depends on how efficient the mining of Monero will occur through the DeMiner application, as that will determine if there is a reason to explore this option.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.