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Yes, you can place blocks in virtual reality.
Minecraft: Windows 10 Edition is going to support Oculus Rift, we learned today at Oculus Connect in Los Angeles. Founder Palmer Luckey of Oculus VR announced that Microsoft will bring its block-building phenomenon will support the head-mounted display when it launches in Q1 of 2016.
This is a big get for Rift, which will need high-profile content to help convince people that spending the money to invest in VR is worth it.
Minecraft on Rift is also notable because Minecraft creator Markus “Notch” Persson once called Facebook’s acquisition of the Rift “creepy.” Although, now that Microsoft owns Minecraft, Persson’s opinion on Rift doesn’t matter.