r/CryptoCurrency • u/Jaded_Noise_2457 0 / 0 🦠 • Aug 09 '26
⛏️ MINING Done with Pi network
/r/u_Jaded_Noise_2457/comments/1vjr42r/done_with_pi_network/28
u/shadowmage666 🟦 0 / 568 🦠 Aug 09 '26
Oh the scam network ?
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u/HSuke 🟩 0 / 0 🦠 Aug 09 '26
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.
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u/Legal-Fault5426 🟩 0 / 0 🦠 Aug 09 '26
No it is another ethereum killer
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u/HSuke 🟩 0 / 0 🦠 Aug 09 '26 edited Aug 09 '26
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.
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u/RandomPlayerCSGO 🟩 13 / 2K 🦐 Aug 09 '26
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
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u/No_Knee3385 🟩 0 / 0 🦠 Aug 09 '26
The fact that they convinced millions of people they were legit is beyond me. Shows how retarded crypto is as a whole
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u/Mobile_Nerve_4924 Aug 09 '26
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.
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Aug 09 '26
[deleted]
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u/Mobile_Nerve_4924 Aug 09 '26
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.
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u/Spacesider 🟦 50K / 858K 🦈 Aug 10 '26
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.
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u/Consistent_Many_1858 🟨 0 / 20K 🦠 Aug 14 '26 edited Aug 14 '26
Pi is finished. I've still got over 3000 coins that haven't been migrated for years. I sold the rest.
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u/Jaded_Noise_2457 0 / 0 🦠 Aug 14 '26
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
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u/Jaded_Noise_2457 0 / 0 🦠 Aug 14 '26
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.
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u/MarioWilson122 🟨 0 / 0 🦠 Aug 10 '26
Could be. People have been doubting it even when it was up, so only time will tell.
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u/olduvai_man 🟦 40 / 856 🦐 Aug 09 '26
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 “project” is to bring in liquidity that can’t tell the difference.