HTC Adds Monero (XMR) Mining on Blockchain Smartphone Exodus

Blockchain Daily
Apr 12 · 2 min read
Image for post
Image for post

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


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.

Image for post
Image for post
Phil Chen, HTC

“Mining on mobile is an important research topic in understanding the development of secure crypto networks,” said Phil Chen, decentralized chief officer at HTC.

“The number of mobile phones in 2020 is approaching 3.5 Billion, which would further decentralize and distribute the hash rate and mining power of such crypto networks.”

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.”

“This enables mobile devices to be suitable for cryptocurrency mining (in a plugged-in state) for the first time. Starting from open source frameworks, we restructured and optimized mining for mobile.”

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


Image for post
Image for post

Donate BTC: 13xyfdE1ERCu6ZaZ6Ejj7x6B7au8GJXont
ERC 20: 0x3930890DC36E40e17c280aF5A80cEAC30732cFB9

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch

Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore

Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store