Images was created using canva

Crypto mining is basically the processing of minting new coins into the blockchain. In recent times, it has become so rampant especially with the introduction of telegram bot mining, that these bots gets users as high as 30 million. While some have proven to be worthy after days or months of mining, other have proven to be useless or as it is called just dust.

People have engaged with telegram mining because of different reason, some people see it as a get rich quick scheme that should elevate them from poverty, some see it as a means to grow their career as a content creator or influencers and a means to boost their presence on social media platforms such as YouTube, tiktok, Instagram and Facebook. There are other who just want to use it to grow their knowledge in the crypto space. Hence, everyone has their reasons attached to their participation.

From the experience so far, it goes to show that you have to give up something in order to make something tangible from it. Not all viable telegram mining apps are free because there is the constant need for ton transactions, stars transaction, referrals and so on. These serve as important criteria if you want to participate in the Airdrop. Some people can afford this and others cannot.

Take the Catizen Airdrop for example, those that played the game from the beginning and diligently but made no transactions were rewarded with less allocation of the Airdrop, but those who paid and made to transactions to carry the games and increase their levels, almost when it was time fro the Airdrop made good profit from it. No doubt the trend is spreading really fast.

This is why it is important for people to do their own research before putting their time, effort and resources into a crypto project that may or might not yield profits. Also, it is easy for people to fall victim of scam projects as there are thousands of airdrops been created.

LEO POWER UP DAY

Today is the 15th day of November and it is the lep power up day the the InLeo community. Simply put it is an occasion where hivers get to power up their Leo tokens as a sign of commitment to the community.

Although it's been a while since I last powered up Leo, but token I powered up 150 liquid Leo, as I am bullish on Leo.

This is a part of my entry for the #novemberinleo prompt as organized by the @leogrowth team with great initiative that members of Hive you can participate in this prompt and tackle them as you deem fit.

Other images were gotten as screenshots from my account

Thanks for stopping by my blog...

Posted Using InLeo Alpha