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HTC's Blockchain Phone Can Mine Crypto While Charging & Here's How Much Money It'll Make Every Day


Remember the HTC Exodus 1SΒ smartphone? Yes, the entry-level blockchain phone from HTC that we asked you to stay away from? Well, the phone is back in the news again.Β 

It looks like the phone is capable of turning into a money-making machine, thanks to a cryptocurrency mining app.

Yes, the phone is said to be getting an app called DeMiner that will be able to mine cryptocurrency when the phone is plugged in and idle. The app is being developed by Midas Labs and is scheduled to launch every soon.

HTC © HTC

If you're good at math, then you may have figured out that at that rate, you'll be looking at just over a dollar a year i.e. $1.38 a year. That's like making roughly Rs 100 a year, which means the phone can't even make enough cryptocurrency in over 100 years to pay for its price. And on top of that, you're looking at additional expenses like electricity costs and more.

Even if you're planning to buy it to use a phone that can also mine cryptocurrency while it's charging, we still think it's a bad idea. It's definitely not worth the asking price and it's probably not going to last long enough with those basic entry-level specs.Β 

This is just to tell you how bad the phone really is and we're yet to have seen anything useful from the folks over at HTC.

Source: TheVerge


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