Bad News for KOIN

in koino •  4 years ago 

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So it looks like someone was able to code a GPU miner for KOIN. Which a handful of Hive users jumped on in including my self. I was mining, buying, and providing liquidity on UNISWAP I have since stopped doing all three until the Team of the project more likely @andrarchy tells us more, but as of right now we have this.

Announcement of GPU miner Creation.

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Of course, this caused a lot of uneasiness, and some are yet to find out, some renting massive CPU power leaving themselves with a fat AWS bill. :(

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On UNiswap it's dropping a lot like hotcakes. I took stash and bailed before it got worse, I still have some hope for the team project but for right now I have since converted back to ETH, at a small loss I must add.

When I purchased KOIN it was at 1 ETH to 10,000 now its 1 ETH to 25,000 sad times first LEO and now KOIN....

I dunno.

And to think I was going to purchase a ThreadRipper and obtain a 96 Core right... Nah if the team of KOIN somehow creates a GPU miner within the next day-days Thursday, then my xr5700XT shall point to them. Until then I will stand on the side and observe.

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  ·  4 years ago  ·  

I wanted to learn more about koin but I didn't understand much (meaning I don't understand how it works) and so I didn't get involved and reading what you say I understand that I am gaining that I didn't do it.

Yea you missed a bullet. On to the next one.

  ·  4 years ago  ·  

Thank you!

  ·  4 years ago  ·  

So many scams out there. Better to just earn a little from blogging and call it a day.