What is Pi Coin Cryptocurrency?

What is Pi Coin?

Pi Coin is a cryptocurrency that is in beta you can mine on your Android or iOS phone and it is worthwhile because it doesn't use your battery or RAM. It was once designed by means of a team of Stanford Ph.D. graduates and it can certainly end up something large due to the fact it realizes on its community, that is, the users and their joint engagement.



Pi is mined through proof of consensus, which is essentially the place your phone communicates with a bunch of nodes and nodes together determine on what the solution to the subsequent block is (whereas with BTC it is more where the answer is already set, and whoever gets the solution first receives the reward).

You can exchange Pi coins with BTC or ETC which can then be converted into flat money.

1 Pi Coin = 0.005441 $



The app would not drain your battery or makes use of RAM because it would not remember on proof of work, alternatively on proof of consensus, how much dependable customers you have in your impenetrable circles, the extra your mining charge is and more cash you get.


Pi Coin App

The actual question is how do you mine? You have to open the App and click on one button every 24h so that you prove that you are a credible contributor to the network and this is how you mine.



It does not want to run in the background, so you can close the app at any time and open it after 24h to click on the button once more and it will nonetheless mine, ie supply you coins.

Creators posted the whitepaper of the venture on their website so you can examine for yourself if you favor to supply it a shot or not. The network is hastily increasing and as for proper now it has extra than 325k engaged users.

For signing in to the Pi Network App you want an invite to be capable to be a part of the network because it depends on impenetrable circles, you can use code mardex5 and begin mining.

I hope that in the future it will grow as huge as bitcoin due to the fact it is tested that it's possible.


My Recommendation

As I already instructed you that there is no harm in developing a free account of Pi network so I will recommend you to do so anyway.

And I recommend you to wait for a couple of months to check what happened.

23 Comments

  1. never knew about a Pi coin it is interesting to know thank you for sharing

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    1. haven't heard about it either, what a great read!

      Cheers, Lisa - sustainable solo travel blog

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  2. I haven't heard of the Pi coin before. All of this cryptocurrency is confusing to me! Thank you for sharing!

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  3. I hadn't heard of Pi Coin before but sounds super interesting. My husband is interested in crypto-currency so will definitely tell him about this :)

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  4. I haven't heard of this before but it sounds like an interesting concept

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  5. I did not know about the Pi coin before. All of this cryptocurrency is new concept to me! Thank you for sharing!

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  6. This is interesting. Crypto currently is very new to me even if it has been already been here a while. Wish i could make enough money to start investing and then, ill checm this out!!

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  7. this is very new to me ! I should read more about this ! Thanks for introducing Pi cryptocurrency to us !

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  8. I didn’t know about about Pi coin sounds interesting thanks for sharing this

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  9. First time to hear this. Thank you for sharing information.

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  10. Completely new topic to me! First time heard about Pi Coin and it looks interesting.

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  11. Aaaahhhh...alright then! It's my first time hearing of Pi-Coin! I will check it out.

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  12. Well, that's all new to me. Thanks for teaching me something new today.

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  13. Thank you so much for showing my what it means. I had no idea about Pi Coin Cryptocurrency.

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  14. I have been investing in crypto since late 2017. Yes I got in it at the wrong time lol. This looks like an interesting coin, will have to check it out.

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  15. I don't know much about cryptocurrency, although it seems like a fascinating subject. Thanks for sharing this info about PI currency.

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  16. Cryptocurrency is something that I'm not yet comfortable with. I think I should read more about it. So interesting topic on pi coin.

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  17. Cryptocurrency is something I haven't taken time to learn about. I hear about it a lot but haven't really been interested in it to invest much time in learning or understanding how it works.

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  18. I am super excited to try this. Bitcoin took the world by storm and I think this will too and how cool would it be to get in on the ground floor.

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  19. Didn't know much about Cryptocurrency. Thanks for the info

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  20. I need to learn more about cryptocurrency. I heard this is all the future of money.

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  21. My first to hear of it. I am glad though, def. food for thought.

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  22. I heard about it about a month ago and I'm close to 60 coins(about $12 at it's Max) though not public yet it is trackable on the coinbaise app. From what I've heard it's based on you checking in every day verifying you are not a bot, you can even delete and reinstall daily. You then create a circle of friends. Honestly it sounded like an MLM set up but I'm hopeful about it. I suggest you do your own research. And of course
    @Alx99 Invitation code

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