Pi – Pi is a new cryptocurrency that you can “mine” (or earn) from your phone.

Pi – Pi is a new cryptocurrency that you can “mine” (or earn) from your phone.

Pi – The next big thing in the world of Crypto money mining?

The cryptocurrency is called Pi and has an app that will mine Pi coins for you every day without draining your battery or anything. The best part is that it’s free.

What is Pi?

Pi is a new cryptocurrency that you can “mine” (or earn) from your mobile phone. Today, you can mine (or earn) Pi by helping to secure the currency and by growing and supporting the network. While most cryptocurrencies (like Bitcoin) have been very hard for everyday people to use and access, Pi puts the power of cryptocurrency into the palm of your hand.

Want to try Pi Network?

Pi is very easy to use. You just download the app for Android or iOS and you are almost ready to go. Then you must type your invitation code and if you don’t have it, you can use this one: Matt7777

So when the app asks you for code just type Matt7777 and you are ready to mine Pi.

So Pi is basically new cryptocurrency for everyday people who were left out of crypto Bitcoin revolution. Today, you can mine (or earn) Pi by helping to secure the currency and by growing Pi’s trusted network. While most cryptocurrencies (like Bitcoin) have been very hard for everyday people to use and access, Pi puts the power of cryptocurrency into people phones. Pi’s core team is led by two Stanford PhDs and one Stanford MBA, all of whom helped build Stanford’s blockchain community.

Pi is available for Android and iOS and while Pi App is still in Beta phase, founders already announced great ambitions for the future. Like with any other public blockchain, Pi’s blockchain will also allow in-app/external wallets to hold Pi and transact with it, by submitting transactions to the blockchain directly. This is a functionality that they have currently scheduled to be provided on the Phase 3 of the project when you will also have the option to take full ownership of your private/public keys.
Pi aims to be much more accessible to everyday people which is why they are trying to build this integrated interface and chosen this phased implementation to make it easier for everyday people to use.

How to mine Pi?

So how to mine Pi? To start earning Pi, check in every 24 hours and hit the lightning button to start mining. Once you are mining, you can boost your hourly rate by inviting trusted friends and family to join the community. After 3 days of mining, you can boost your earnings more by building your security circle, which contributes to the overall security of the network. Keep in mind, earlier members of the network mine at a higher rate than those that come after them.

You do not need to leave the app open to mine. Pi does not affect your phone’s performance, drain your battery, or use your network data . Once you hit the lightning button, you can even close the app and you will continue to mine Pi. Youjust must hit a button once in a day to prove that you are not a robot.

Mine Pi Crypto

Pi is very easy to use. You just download the app for Android or iOS and you are almost ready to go. Then you must type your invitation code and if you dont have it, you can use this one: Matt7777 So when the app asks you for code just type Matt7777 and you are ready to mine Pi.

So how can you mine a cryptocurrency without draining your battery or data? Instead of burning energy as proof of work cryptocurrencies like Bitcoin do, Pi secures its ledger when members vouch for each other as trustworthy. This forms a network of interlocking “security circles” that determines who can execute transactions. This novel approach allows crypto mining on your phone by leveraging your existing social connections, with no financial cost, no battery drain and a light footprint on the planet. Read the technical section in our White paper for more accurate and detailed explanation.

Is Pi the next big thing?

Who knows. But I really like the idea of cryptocurrency for everybody. You don’t need expensive gear to mine and its completely free. With Pi you really don’t have anything to lose…

Matt Cross

Want to try Pi Network?

Pi is very easy to use. You just download the app for Android or iOS and you are almost ready to go. Then you must type your invitation code and if you dont have it, you can use this one: Matt7777

So when the app asks you for code just type Matt7777 and you are ready to mine Pi.

 

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