Jump to content

Pi - The First Digital Currency You Can Mine on Your Phone


Recommended Posts

Posted

Starting this thread was a bad idea man!

What if I cut my losses and find out you mine a boat load of it and make a ton of money?

I will end up drinking myself to death in the bars in pattaya man.

Don't let me know what you do. I don't want to hear it!

 

 

Posted
  On 2/3/2023 at 2:54 PM, save the frogs said:

regarding security issues, could you use an old phone (not your primary phone) solely dedicated to mining?

Expand  

To expand on my previous answer, if you're going to use an old phone due to security concerns, then make sure you reset it first so it's not connected to any of your accounts otherwise you're going to a lot of effort for nothing ????

 

The two main potential security concerns are the app itself, and the Know Your Customer process.

 

When it comes to the app, as I have said before, it doesn't ask for any dangerous permissions, so it can only breech security is by exploiting unpatched or undocumented firmware issues. This is highly unlikely. If the app suddenly asks me for access to my media, location or camera with no justified reason then it's time to reassess.

 

I haven't gone through the KYC process yet and don't intend to do so until I have time to research the platform more thoroughly. It's not a requirement at this stage, but it will be before you can transfer your own coins into a tradable wallet.

  • Thanks 1

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...