From the Pi Coin website:
“When a node is selected by the Core Team, they’ll need to pass KYC to proceed to serve as a node on Testnet…”
Respectfully that’s going to be a hard pass for me.
I understand that the boat for small scale mining has long passed on Bitcoin but there’s a specific reason why Hashrate is high, it MUST be hard to mine a block.
Plus I’m seeing all this consensus quorum algorithms that I wouldn’t trust to hold. It really misses the point of mining completely.
I prefer to run a Bitcoin node and save (not invest) the product of my labor in Bitcoin for the long term, going on 4 years now.