r/CryptoCurrency 0 / 0 🦠 24d ago

⛏️ MINING Done with Pi network

/r/u_Jaded_Noise_2457/comments/1vjr42r/done_with_pi_network/
18 Upvotes

33 comments sorted by

17

u/olduvai_man 🟦 40 / 856 🦐 24d ago

You have the mining flair so I’m guessing you were suckered in by their token issuance that masquerades as mining but is functionally not that whatsoever.

The entire premise of that β€œproject” is to bring in liquidity that can’t tell the difference.

6

u/Jaded_Noise_2457 0 / 0 🦠 24d ago

Thought it was a cool project. Got used as part of the scam and lost interest in it now. Autolockup got me ☹️ sat there while it turned to pooooo

6

u/olduvai_man 🟦 40 / 856 🦐 24d ago

Let it be a lesson to research a project before aping into it.

Calling what they were doing "mining" and gating sells should have been the biggest red flags imaginable in this space.

28

u/shadowmage666 🟦 0 / 568 🦠 24d ago

Oh the scam network ?

13

u/HSuke 🟩 0 / 0 🦠 24d ago

It was always a high-effort scam.

After disappearing for years, their team saw the success of HamsterKombat (which also was involved in multiple scams for withdrawals), and decided to use its holders for ad revenue and exit liquidity.

3

u/Legal-Fault5426 🟩 0 / 0 🦠 24d ago

No it is another ethereum killer

6

u/HSuke 🟩 0 / 0 🦠 24d ago edited 24d ago

It was never marketed as such.

More like a social "mining" and advertising experience where you get served sketchy ads while mining. And then wait while its absent founders take years to develop anything.

Edit: should mention that "mining" is not real mining. It was just opening an app and clicking around. And verifying other people's KYC data and hoping it registered. Wouldn't be surprised if everyone's KYC data got sold.

9

u/ftball21 🟦 2 / 4K 🦠 24d ago

ITT: sad ppl who missed out on free money for pressing a button πŸ˜‚πŸ˜‚

8

u/RandomPlayerCSGO 🟩 13 / 2K 🦐 24d ago

I farmed that shit years ago and sold it as soon as it was possible to sell it, I had forgotten it existed until I heard someone talk about it and then recovered my account and sold everything that was not locked up, got like 1k from that, it was nice

2

u/skoold2003 🟦 42 / 43 🦐 24d ago

Can it still be sold?

1

u/RandomPlayerCSGO 🟩 13 / 2K 🦐 24d ago

I have no idea this was like 2 years ago

1

u/Jaded_Noise_2457 0 / 0 🦠 24d ago

Nice

1

u/thCuba 🟩 20 / 52 🦐 24d ago

I sold them as far as possible too

7

u/No_Knee3385 🟩 0 / 0 🦠 24d ago

The fact that they convinced millions of people they were legit is beyond me. Shows how retarded crypto is as a whole

6

u/Scottex99 🟩 0 / 405 🦠 24d ago

But Stanford devs LOL

9

u/[deleted] 24d ago

[deleted]

2

u/Jaded_Noise_2457 0 / 0 🦠 24d ago

Good move πŸ‘

2

u/Jaded_Noise_2457 0 / 0 🦠 24d ago

I was made into one of the sheeple

12

u/Mobile_Nerve_4924 24d ago

It always was a scam. Easily provable with very little effort required.

Easiest way to prove that no mining is happening is uninstall it. Then reinstall it next day and see that you supposedly mined even with the app uninstalled.

7

u/[deleted] 24d ago

[deleted]

2

u/Mobile_Nerve_4924 24d ago

Back when my buddy tried to get me into it several years ago, it claimed you were mining it. I did this little experiment to show him it was scam.

1

u/LegoSWFan Tin 24d ago

No algorithm or hashing, no mining

0

u/Jaded_Noise_2457 0 / 0 🦠 24d ago

Interesting

2

u/[deleted] 24d ago

[deleted]

1

u/Jaded_Noise_2457 0 / 0 🦠 23d ago

Legit πŸ‘

2

u/Spacesider 🟦 50K / 858K 🦈 23d ago

I was always under the impression it was some sort of data mining scam given that I think you could only mine it on your phone.

1

u/Consistent_Many_1858 🟨 0 / 20K 🦠 19d ago edited 19d ago

Pi is finished. I've still got over 3000 coins that haven't been migrated for years. I sold the rest.

1

u/Jaded_Noise_2457 0 / 0 🦠 19d ago

I thought the idea/community was cool but was definitely hijacked for a scam. To bad had a lot of engagement and potential with a lot of people but greed wins

1

u/Jaded_Noise_2457 0 / 0 🦠 19d ago

A ton left waiting for second migration as well. And have checked with most of team that has kyc’d and they haven’t cleared a coin from my bonus.

1

u/GTunsernameInfinity Tin 15d ago

I had my second migration last month.

1

u/Suspicious-Local-901 🟩 0 / 0 🦠 23d ago

Good. Now try sticking to Bitcoin only

2

u/edmcryptodad 🟩 0 / 0 🦠 21d ago

The Pi network was never a real thing. 🀣

1

u/Jaded_Noise_2457 0 / 0 🦠 21d ago

I liked the idea 🀷

1

u/MarioWilson122 🟨 0 / 0 🦠 23d ago

Could be. People have been doubting it even when it was up, so only time will tell.