For now I only know that it would be android/ios app which will mine coins. It could be possible, and logical, that smartphones shaould have better performances, ex. more ram or better cpu/gpu. We will know more information after ICO finish.
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Agreed, this sounds like an exciting opportunity if it were possible. But looking at the current flagship phones, I don't really see a way for it to outperform data centers worth of hardware when it comes to mining. Definitely sounds interesting though.
Truth, we 'll have more info soon.