BitcoinSov (BSoV) is the most interesting deflationary crypto project I have seen since Bomb Token.
Mix the inflation and pow-mining of Bitcoin with the deflation of Bomb Token, and you will have BSoV! I tried mining a bit now, and the difficulty is low, so it's easy to grab up some

I agree about the mining. It's an uphill battle, but people keep spending money on mining which gives the token its value. This project is going to last years, it may be a slow start, but it's still very early!
Indeed, it is very early! At the time of writing, the page
https://bsov.info/ shows that there are only 416 addresses that contain BSoV tokens.
It also looks like the only mining pool has only about 20 active miners, plus about 40 inactive ones (their hashrate shows as 0).
The total hashrate about 1 month ago was about 6GH/s, and now it is 40GH/s.
One Nvidia GTX 1080 Ti with CUDA gives about 1,2GH/s, so it looks like only about 30 high-end graphic cards are mining BSoV at the moment.