Posts

avatar of @edje
25
@edje
·
·
0 views
·
1 min read

So early on in the mining, already a big drama. And indeed, this was caused by the statement: "Restart is a consideration". After that statement by the KOINOS team, the team stopped further communication, which resulted in even more worry about the whole mining thing. The good news, as we know it by now (well since monday night CET/GMT), the KOINOS team dont think a GPU miner is active. I actually think the KOINOS team and mining community scared each other more and more, without doing in-depth analyses. Sure, some mining farms are part of the game with performance much much higher than the fastest laptops around, but that was to be expected. I stoped mining last Monday, but was planning to stop last weekend already. I had more energy and fee costs than the value of KOIN on the Uniswap. No point then to mine further, at least not for me. I'll take an investor approach now, and use Uniswap to buy instead of mine. When large mining farms continue to sell their tokens, decentralisation may become larger than could've expected by the KOINOS team. What we need to do though is to bring KOIN to the attention tof a much wider community. Though the hick-ups by the KOINOS team so early on in the mining project, I continue to believe in their ability to deliver the tech as they promise, making KOIN an very interesting token. But as we all know in crypto space, nothing is guaranteed. At this stage we just know a high level concept and the names of the KOINOS team members.

Posted Using LeoFinance Beta