Crypto enthusiasts globally usually ask the question, what if Satoshi Core Mining turns out a SCAM? and here’s a logical Response and Clarification:
The CORE satoshi is a crypto project trying out something new. Current mobile ‘mining’ is an Airdrop designed & automatically distributed innovatively. While the participants are on it, they are also given Bitcoin (BTC) as incentives via mining rewards, referrals bonuses and BTC Giveaway.
At the long run, the project ‘might’ succeed or fail – which is normal (as any new innovation is subject to uncertainties), that’s why there’s a subtle disclaimer by the team “keep a clear state of mind on the outcome as you participate.”
In other words, there is no basis for asking “What If BTCs Turns Out A Scam.” Remember, the project team has given out over $5m worth of Bitcoin through the BTC Giveaway section alone.
The development team of Satoshi Core have been working on this project for over 3yrs – building a crypto project requires a lot – time and resources (which they’ve been doing perfectly). Yet, participate with a clear state of mind on the outcome – such mentality will help you to diversify always, and never be emotionally attached to any crypto project.
Always click on the “Receive BTCs” that’s the MAJOR goal. Few days ago, the BTCs mining app was undergoing upgrade which lasted for about 3hrs, and placed the user interface on-hold. Many miners panicked, because they were yet to “Receive BTCs,” and if their mining reaches 150 blocks, it will stop, until they receive BTCs for it to proceed.
Note that, it takes 25hrs to complete 150 blocks; which means they were waiting for it to reach “may be” 24hrs. Unfortunately the impromptu app upgrade transpired.
Lesson: Don’t wait for 150 blocks before you “Receive BTCs” whenever you are online, as such upgrades usually places user interface on hold, which is normal.
Upgrades that the team may decide to pass info ahead is TestNet, which they did earlier today (scheduled 30th June by 2:00 UTC time).
Satoshi BTCs is on the lead of becoming a major disruptor in the blockchain industry, by unveiling a workable solution to the blockchain trilemma – Secured, Decentralized and Scalable.
The key to staying ahead in crypto industry is making Research constantly. As you participate in the #BTCs mining, keep an open mind to learning more about this project, to unravel hidden treasures on it. The crypto industry ain’t a joke, as global adoption keeps coming.
Reminder! Everything on TestNet is strictly for learning and testing purposes only; no real value (price/worth) and can’t be used as real transactions.
@Coredao_Org or MetaMask Support will NEVER inbox you or send random phishing links to people online. MetaMask is non-custodial wallet; you are solely responsible for the security of your assets.
NEVER disclose your MetaMask account’s “Secret Recovery Phrase (SRP)” to anyone – because anyone can use it and get complete access of your assets. Report and Block impersonators, scammers parading with fake accounts and claiming to be MetaMask Support, Satoshi BTCs Support, etc.
Comment on “What if Satoshi Core Mining turns out a SCAM?”
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