Pi Crypto invite code.

[ANADRILL]

https://minepi.com/

Above is the link to get started mining. Use the invite code : eworkz
This is my invite for you to get in. Supposedly it will launch late 2021, any coin mined will be yours to keep. The more invites sent the higher your hash rate. Anyway, its worth a shot. All you need to do is login in every 24 hours and set it to mine.

[Grant H.]

For example, a bad actor could mine from fake accounts, transfer the Pi to a legitimate account, and then pass through Pi?s account verification process despite their illicit gains. We are still refining the exact development timeline for the project.

This bugs me. I'll have to dig into this more to actually figure out why this smacks of a scam so badly, but this quote itself really doesn't sit right. If you want more people to mine, then why do you GAFF how many accounts someone maintains?

The most basic description that I can come up with is that this is just a pyramid scheme. The "early adopters" earn faster/more/etc, specifically as they get more people involved.

Stanford frat boy's wanna get rich as the 3 people that "earn the biggest" at the top???

Hopefully it works out better than I am expecting.

[Grant H.]

First, the network uses Google’s recaptcha v3 to know if a device is operated by a human or a machine. (This technology is completely invisible to most users, since they are real humans, but bots may start seeing captchas if google’s algorithm catches them). Over time, we are also developing a machine learning algorithm based on real users’ mining behavior to predict bots.
Second, Pi’s consensus algorithm requirement (security circles) make it easy to detect fake accounts. Fake accounts will not have enough real people pointing at them via security circles. At best, fake accounts would be pointing at each other with very few incoming pointers from the rest of the network. This anomaly is easy to detect with computer algorithms.
Finally, when Pi enters its 3rd and final phase - Mainnet, only accounts validated as belonging to distinct real individuals will be honored. In other words, even if all other methods missed out on some “bot” accounts, this user validation process will further eliminate them because bot owners will not be able to prove bots as real people with real names. We are currently exploring decentralized KYC processes that would be minimally intrusive.

This, to me, damn near guarantees that this is cover for some other purpose. They are completely focused on having people tied to their phones once every 24 hours, and it HAS to be people...

Facial Recognition Development?
People data mining?
Location data mining?

[Grant H.]

https://minepi.com/

Above is the link to get started mining. Use the invite code : eworkz
This is my invite for you to get in. Supposedly it will launch late 2021, any coin mined will be yours to keep. The more invites sent the higher your hash rate. Anyway, its worth a shot. All you need to do is login in every 24 hours and set it to mine.

I promise I am not trying to take a crap on your thread. That's not my intent at all. I am skeptical of most things, especially when the hype around it doesn't really add up.

[ray1970]

Meh. Another gimmicky alt coin hyped up to be the next big thing. Beyond the ?get in early to be at the top because the top earns more than the bottom? pyramid scheme confession, they are playing on the whole environmentally friendly, save the planet theme which kind of bothers me.

Thanks but no thanks.

[Bailey Guns]

Yep... Definitely designed to benefit someone. That someone will NOT be me.

[walkerwv]

Its another Garagbe try. There are so many on Coinbase now and 98% of them are Losing

[ANADRILL]

Still mining, we have 7 in the group The way I see it, if it pays out great, if not, at least it was worth a try!

[MrPrena]

Did you guys mine lots of cryptos?

[Justin]

Not much info about it on coinmarket cap.

https://coinmarketcap.com/currencies/pi-network/

Also, only one article, from 2019, on Coin Telegraph:

https://cointelegraph.com/news/stanf...rs-in-6-months

Seems to have a large user base for what appears to be kind of a stealth shitcoin.



What's the use case pitch for it, other than it being easy to mine on a phone?