Download Pi Network on mobile phone Enter Pi Network the invitation code: joelbenjamin528
For more info call 9293743828
Pi Network is a new "SocialChain" app that utilizes the cryptocurrency "Pi" and enables "mobile mining". It was created by a team of Stanford PhDs and we wanted to take a look because we've been seeing people share it across our communities quite a bit lately. In this video, we'll explain the entire project and also share the reasons why we are big fans of the project. We'll cover how their mining actually works, the different roles people can have in their network, and how their whole project is set up. If you're curious about this project OR have already taken a look at it, we'd love to hear your thoughts down in the COMMENTS below too! :)
As the world becomes more and more digital, cryptocurrency is the next natural step in the evolution of money. Pi is the first digital currency for ordinary people, representing an important step forward in the adoption of cryptocurrencies around the world.
Pi Network (PI) is one of the first cryptocurrencies that users can mine on their mobile devices. Launched in 2019 by three Stanford graduates, PI cryptocurrency quickly gained popularity among users. What is Pi Network (PI) cryptocurrency? How to mine PI? Find out all about it in our new article.
Pi Network (PI) Main Principles
Pi Network beta version was launched on 3/14/19 by three Stanford PhDs and graduates:
Dr. Nicolas Kokkalis, Head of Technologies;
Dr. Chengdiao Fan, Head of Product;
Vincent McPhillip, Head of Community.
Pi Network allows users to earn PI cryptocurrency from any mobile device. This is the result of cryptocurrency evolution in general. Bitcoin is starting to become old-fashioned as it requires a lot of electricity, while PI coins are completely eco-friendly. Pi Network uses the Proof-of-Work algorithm without high electricity costs.
How to Mine PI Cryptocurrency?
To connect to the network, it is enough to have a mobile device based on iOS or Android. Then, follow these simple instructions:
Go to the App Store or Google Play, depending on the type of your operating system.
Type Pi Network into the search gap.
Download the application on your smartphone and open it.
Specify the registration method: Facebook or phone number. We recommend the second option since it is much safer.
Fill in the country of residence and phone number.
Fill in first name, last name, and nickname.
Then enter the invitation code: joelbenjamin528
After registration, each user receives 1 Pi per account. The system provides the following ranks:
Pioneer is the entry-level rank for all users. The production size is 0.39 π/h. You can increase it to 0.49 π/h if you participated in the referral program during registration;
Contributor. To receive this rank, mine cryptocurrency for three days;
Ambassador. A rank for users who invite other members to connect to the Pi Network.
Node. Members who have connected additional equipment to the network. This level is still under development and will be available later.
When you open the app you need to hit the ‘mine’ button. You do not need to keep the app open, just activate the button once in 24 hours and you’ll get the coins.
Where to Store PI Cryptocurrency
The wallet is the app where you mine your coins. During phase 3 of the project, you will also have the option to take full ownership of your private/public keys.
Where to Trade PI Cryptocurrency
According to Coingecko, PI cryptocurrency can be traded on some exchanges. You can see the availability of the most popular pairs in the table below.
Pi is amazing! With zero time commitment or financial investment – you would be silly to not get involved and downloading this app to begin your mining! Mining crypto is hard. Investing in crypto is risky. Too many of us are left out of the cryptocurrency revolution.
Pi makes crypto mining easy. Breakthrough tech allows you to mine on your phone without draining your battery. Pi Network might outclass bitcoin in several departments, however, there’s a long way for Pi Network to go before becoming as favorite among investors as bitcoin currently is.
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