Pyrin is a cryptocurrency that copied the Kaspa code, did not make any improvements to this code, and those who created this cryptocurrency reserved 30.1 million PYI, which represents approximately 6 million USDT, if they managed to sell them on March 18, 2024.
I personally mined PYI with a few video cards (insignificant, but still for a few days of mining to get $ 200 is enormous), and I even managed to sell what I mined when it reached almost 30 cents. What seemed suspicious to me was the fact that a cryptocurrency that copied the Rusty-Kaspa code managed to exceed the value of Kaspa, that is, Kaspa barely managed a peak of 20 cents and yet in a few years, but Pyrin managed to reach 30 cents in 3 months.
It’s clear that someone got rich very intelligently, the miners aside had something to gain, but the creators certainly did too.
PYI was delisted from Coinex.com, but is about to be delisted from Mexc.com as well. As for pools, herominers.com delisted PYI, but I expect 2miners.com to take this step as well as humpool.com.
Things are obvious, someone put in a lot of money and someone smart took it out. Yes, I know, you will say that I identified this scam late, but PYRIN played smart in the sense that it does not allow cryptocurrency mining with ASICs, only with video cards, which somehow they tried to address small miners and hence far from thinking that this will be a scam.
Karlsen is similar to PYI, but if it is integrated with Cosmos, this cryptocurrency, which again copied the code from Kaspa, will probably explode. But with Karlsen, the story is different.
Anyway, it remains to be seen if Sedra or Bugna are also scams, but as long as a project is developed by its creators, it can be legitimate. Anyway, Kaspa is a very strong player, and we expect this code to be used to generate other cryptocurrencies, but I still stick with Kaspa, maybe Sedra and Bugna caught my attention, but 99% I’m betting on Kaspa and only Kaspa.
So, I expect that the Kaspa code will be copied again, and the Pyrin shard will be repeated under a different name.
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