PI NETWORK
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 Proof-of-Work algorithm without the high electricity costs.
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 Proof-of-Work algorithm without the high electricity costs.
The current value of Pi coins are very low but if the project continues to grow the value could increase substantially, keeping in mind that the cost of mining is minimal.
Current base rate is 0.10 PI mined per hour and this can be increased in several ways including referrals. The next rate halving will happen when 100M users are signed up.
Ads have been implemented in the app to keep development going without charging users of the app. They aren't displayed too often (usually on fresh start up of the application).
It is very easy to sign up and start mining, it requires you to click one button every 24 hours to confirm that you are not a bot.
Rating
- Ease of use – 5/5
- Coin value – 3/5
- Ads – 3.5/5
- Mining Speed – 3/5
- Referrals – 5/5 Future
- Outlook – 4/5
Overall Score – 3.9/5
To mine your Pi, download now and use my username (Malanvr) as your invitation code.