RE: Why I'm Giving The Koinos Mining A Miss
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I guess I'm with you on this one. Besides, we only have old PCs and laptops around here, so I doubt they'd be able to generate much of a hash rate, anyway.
Whereas I have little doubt a few early birds might profit from this, it strikes me that a lot of these projects are basically FOMO driven, and attract lots of people with their "come mine our tokens!" announcements... while few actually stop and ask questions like "Uhmmm... and the PURPOSE of this blockchain is... what? Anyone? Anyone? Bueller?"
It's a "pass" here, as well.
=^..^=
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It's not worth burning out your PC for in my opinion if you could use that PC for something else, I mean I could go and yield farm and realise gains immediately for a lot fewer resources and still pretty passive. I think mining is great if you're going to be a proof of work coin, but if its just to tap into an airdrop it seems like a pretty weird way to get your first coin distribution going.
I mean it's not like the hashing power is being used for anything really, it just seems like a waste. I do hope the early investors make some profits, for there sake, but in my experience of crypto and my biases, it was always better for me to buy in at the right times.
Like you say we don't know what this chain when launches will actually do,and if it does do cool stuff and proves a use case we can still buy in pretty cheap as we are the first to know about it in relative terms to the amount of potential investors to come in after us