Pros
- A great way to start mining bitcoin without setting up shop in some far far away land where electricity and tax is cheap, without the hassle of buying the equipment and investing in it.
- The concept is fairly simpler to understand compared to different project.
- They are aiming to boost token demand while lowering the supply, which is important because it is deflationary. Not only they burn tokens, they release lower and lower number of tokens.
- The Management team does not hold a lot of the coins.
Cons
- It would have been good if we could choose to mine something other than Bitcoin. I mean, bitcoin is like old technology, compared to other ones, no? I know ETH cannot be mined, I think, but some other coins can! Maybe in the future though..
