First Lets Know, What is PI Network : Pi Network is a digital currency project that aims to keep crypto mining accessible as the centralization of the first generation of currencies like Bitcoin has put them out of reach of everyday users.
The Pi Network, developed by a team of Stanford graduates, enables users to mine coins using its mobile phone app, validating transactions on a distributed record. With branding based on the number π, Phase 1 of the project launched in 2019 on Pi Day, March 14, with its free Pi mining app. By June 2019, the network had more than 100,000 active users, and a year later when Phase 2 launched there were more than 3.5 million.
The app started running ads in May 2020 to provide a source of financing for the project. The user base reached 14 million in March 2021, having crossed the 12 million mark in February.
Pi Coin is the cryptocurrency that runs on the Pi network, and as with other cryptos such as Bitcoin, PI was designed to undergo regular “halving” to protect its scarcity. Halving is when the number of coins that a miner receives for processing new transactions are reduced by half when a certain milestone is reached.
Pi’s mining rate halved from 1.6 π per hour when it reached 100,000 users, halved again to 0.4 π per hour when it reached 1 million and again to 0.2 π when it reached 10 million. It will continue to halve, reaching zero at 1 billion users.
What is PI : PI is a new cryptocurrency for and by everyday people that you can "mine" (in banking sector is called as "transaction") from the android phone.
cstechiie - My Invitation Code
Go to play store search for PI, After Downloading, You can registered from your mobile number or facebook profile.
After logged in, you will getting dashboard :
According to PI Network, they say We have to open app for every 24 hours, we have to click on flash symbol, it starts mining. Even you can read FAQ's.
Pi price increase in future : The direction of the Pi price will depend on its popularity among cryptocurrency investors. There is potential for the price to rise after it launches if the broader cryptocurrency markets continue to rally, as new projects tend to attract investor interest.
**This is pre-release mode, can't get money now, it is mentioned that, the price of PI can be predicted in 2021-2025.
**If you would like to be poineer in PI app and wants to get registered, you need an invitation code. Use my code cstechiie and get registered.
visit : minepl.com/cstechiie
