According to an announcement published by HTC the smartphone users HTC Exodus 1S will be able to undermine the crypto-currency Monero directly from an application of mine called DeMiner . The firm’s mobile technology of taiwan has sealed a contract with the company of bullets ASIC Midas Labs to develop this application, including the period of launch is scheduled for the second quarter of 2020.
Mining crypto-currencies on a smartphone
The immigration of the ecosystem of crypto-currencies in smartphones was predictable since the announcement of the project portfolio of Samsung in its series Galaxy S10. If the Korean giant had launched the new race among manufacturers of phones via an application of asset management, this would, however, HTC, which announced the colour in terms of mining from integrated chips.
Following the release of the taiwan-based company Friday, HTC Exodus 1S will thus be provided with a chip-specific blasting designed with the company’s ASIC Midas Labs to allow users to undermine directly the XMR. In this case, the smartphone will turn into a machine of crypto-mining when the use of the application DeMiner was developed by the two partners.
Representing at once a product of consumption major and a tool for communication and sharing of data in the world, the smartphone will play a new role through the applications of blasting according to Phil Chen, director-general decentralized of HTC.
“The world of crypto is threatened by the domination of the hashrate for pooled mining giants. The most effective way to eliminate this problem is to make mining accessible to the masses, and this, via the mobile. This application makes the mining of smartphones profitable, which encourages the minor individual, and helps to decentralize the network, ” he explains.
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