Your coin is using Binance Smart Chain. I don’t understand why buy equipment that will mine a coin that uses blockchain on a POS algorithm? Mining must be available on all devices, otherwise it is more like staking or scam.
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I think you don't get what he really means. Mining on the hardwares that are backed by the GPU/ASIC industry, backed by hundreds of different algos makes more sense than mining on hardware that is backed by just a single algo, design specific to mining a single coin, all come from the same developer. That's reeks of ponzi scheme but under a different guise of 'mining'. How would I know when you make a run after all of the pieces of hardware sold out? If it can't mine anything else except your coin then what would I do once your coin turn to worthless? Sell it back to the others to recoup?