Vitalik Buterin: “Mining On Phones Is A Fool’s Game”

April 15, 2020

Bitxmi.com

Ethereum creator Vitalik Buterin commented on the news of a recent partnership between HTC and Midas Labs startup. The project is developing an application called DeMiner. It will allow you to mine the Monero cryptocurrency in the Exodus 1S “cryptophone”.

An article in the Decrypt publication provides an analysis according to which, at the current Monero rate, you need to mine every day for 500 years, which will pay off the cost of the smartphone.

Buterin added:

In response to Buterin’s comment, journalist and host of the Bitcoin Takeover podcast, Vlad Costea, wrote:

Buterin replied:

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