What do you guys think about this?
It's nah for me. Waste of phone's energy and battery life span.
Pi is a phone app trying to monetize and has over 13 million users.
Does these 13 million users is a legitimate stats from minepi? and are these people have anyway to sell their minepi tokens?
Pi don't use your phone's battery or CPU power to mine. It's just a pre-defined amount set within their algorithm that you get after specific time duration. So it doesn't cost you anything to mine Pi.
I used to mine Pi earlier but now they have started showing their true colors. Everyone will have to comply with their KYC rule to withdraw and use Pi token. Which is really absurd so I am not using it anymore. For a token which is not listed in the market and doesn't require a dime to mine, complying with KYC can be a costly mistake.