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After sell to google A billion dollars in patents and employees, HTC once again tried its luck in the mobile phone industry with a series of devices focused on blockchain technology. Now the Taiwanese company has partnered with Midas Labs so that Exodus 1 and 1s terminals can mine cryptocurrencies. But they are not too profitable an investment.
“[La aplicación DeMiner] it allows Exodus users to mine at least $ 0.0038 in XMR a day, when the cost of electricity is less than 50% of that, “he told The block the founder of Midas Labs. The argument is that a laptop can mine up to $ 0.06 a day in XMR (an alternative to Bitcoin called Monero), but consuming $ 0.156 in electricity. Still, no one gets the bills.
The HTC Exodus 1 Binance — the only model currently available on the HTC website — is priced at $ 700. According DecryptIf it was mining all day, and assuming Monero’s price had remained constant since the collaboration with Midas was announced, the phone would barely produce $ 1.39 in XMR in a year. It would take centuries to amortize only the price of the device, and That calculation doesn’t even take into account electricity costs or the fact that the phone stops mining coins if it’s disconnected from the charger.
The HTC Exodus 1 was released in 2018. It could only be purchased with cryptocurrencies (at an original price of 0.15 BTC or 4.78 ETH) and it brought some unique features such as a crypto wallet and the ability to serve as a Bitcoin node. The 1s version was cheaper, but less powerful, while the new Binance edition comes with native support for the cryptocurrency exchange platform of the same name. A total commitment to the economy of blockchain in an industry in which HTC is no longer relevant.
