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What happened:
Today I was just surfing the forum and I saw some people writing about something called PI network.
Recently, this project started working and asked members to install an application on their phone in order to mine some tokens known as PI.
I'm going to share some information about this project here
1. After reading this sentence from their official website you should think more about this project.
"The First Digital Currency You Can Mine On Your Phone"
We all know they are new and it's not possible, even I remember we could mine bitcoin using phones and getting some profit out of it.
2. This currency was/is never listed, and between all the valued crypto related website(For example, bitcointalk ANN) none of them wrote anything about them. (Only some random worthless advertising websites wrote about them.) While other projects such as Electrum listed.
3. There is actually no roadmap in their website. Just an unprofessional roadmap-like without of any details, comparing to other projects It's more like nothing.
4. There is a White-Paper on their website explaining about crypto currencies. The reader would be totally confused.
5. One important thing about them is the team behind the project.
here: https://minepi.com/team
They apparently got real identify. But, but actually said nothing about this project on their social media (Instagram, Linkedin, etc...).
In the other hand they have got very low amount of followers, maybe for other normal people having low amount of followers is not a big deal but for some people backing a project like this... not normal.
6. And why we can't track our mining details anywhere on blockchain?
Here you may ask when they are not asking us for money how it's scam?
Firstly, in order to mine this token you need to install an application on your smart phone and it's too dangerous if you know this application can collect and abuse all your data from your phone.
Secondly, they didn't ask you for any deposit now, but they can ask it anytime "In order to unlock your token deposit $$$ to us".
Every time you install these applications on your phone remember they can use your data, spy, steal, etc...
WhoIs information:
https://who.is/whois/minepi.com
Expires On2020-12-03
Registered On2018-12-03
Updated On2019-12-04
Scammers Profile Link:
- Not found!
Reference Link:
https://minepi.com/ (official website)
Amount Scammed: N/A
Payment Method: N/A
Proof of Payment: N/A
Today I was just surfing the forum and I saw some people writing about something called PI network.
Recently, this project started working and asked members to install an application on their phone in order to mine some tokens known as PI.
I'm going to share some information about this project here
1. After reading this sentence from their official website you should think more about this project.
"The First Digital Currency You Can Mine On Your Phone"
We all know they are new and it's not possible, even I remember we could mine bitcoin using phones and getting some profit out of it.
2. This currency was/is never listed, and between all the valued crypto related website(For example, bitcointalk ANN) none of them wrote anything about them. (Only some random worthless advertising websites wrote about them.) While other projects such as Electrum listed.
3. There is actually no roadmap in their website. Just an unprofessional roadmap-like without of any details, comparing to other projects It's more like nothing.
4. There is a White-Paper on their website explaining about crypto currencies. The reader would be totally confused.
5. One important thing about them is the team behind the project.
here: https://minepi.com/team
They apparently got real identify. But, but actually said nothing about this project on their social media (Instagram, Linkedin, etc...).
In the other hand they have got very low amount of followers, maybe for other normal people having low amount of followers is not a big deal but for some people backing a project like this... not normal.
6. And why we can't track our mining details anywhere on blockchain?
Here you may ask when they are not asking us for money how it's scam?
Firstly, in order to mine this token you need to install an application on your smart phone and it's too dangerous if you know this application can collect and abuse all your data from your phone.
Secondly, they didn't ask you for any deposit now, but they can ask it anytime "In order to unlock your token deposit $$$ to us".
Every time you install these applications on your phone remember they can use your data, spy, steal, etc...
WhoIs information:
https://who.is/whois/minepi.com
Expires On2020-12-03
Registered On2018-12-03
Updated On2019-12-04
Scammers Profile Link:
- Not found!
Reference Link:
https://minepi.com/ (official website)
Amount Scammed: N/A
Payment Method: N/A
Proof of Payment: N/A