Post
Topic
Board Service Discussion (Altcoins)
Re: Check out Lumira coin a Swiss franc backed stable coin on the Mira network
by
Kavelj22
on 17/05/2025, 23:54:18 UTC
After browsing the site, I still haven't found the mining algorithm and mining software. If it requires downloading the MIRA Network App, I don't want to do that yet.
A very dubious project with Register for ICO.

It's a modified version of the PI network that has successfully convinced users of its effectiveness, despite the fact that it lacks any mining algorithms. All it takes is a carefully designed, professional-looking app and a counter that runs as long as the app is opened. This is called mining, and they promote it accordingly. The users are people who don't understand the basics of blockchain and don't want to spend five minutes searching the internet before installing the app.

This project is just another attempt at the same approach. This time with the addition of a link with the Swiss franc. It's funny to see such concepts gaining traction, but it's pathetic that new victims will lose money and time learning a lesson they could have learned for free by doing some online research.

Warning: Beware of these projects because they lack solid foundation and lack transparency.