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  • Writer's pictureSreenivasan Sivakumar

A crypto that can be mined in your phone!

Pi Network or 'Pi' for short is the new cryptocurrency that is going to blast its way into the market anytime soon. So what is Pi? Pi is a new altcoin that was created by two Stanford Ph.D. alumni. Let me brief you about the entire Pi network in this post. Feel free to give it a read and share the post with your friends, to increase the circulation and to earn Pi. I will also add my referral link to the Pi miner and all the details.


What is Pi?


Pi network or Pi is a cryptocurrency that uses the consensus algorithm and is based on Stellar Consensus Protocol (SCP) and an algorithm called Federated Byzantine Agreement(FBA). These algorithms do not have any energy waste but depend on exchanging many network messages for the nodes to reach a 'consensus on what the next block should be.


Creators:


Dr. Nicolas Kokkalis and Dr. Chengdiao Fan are the founders of Pi. Both being Stanford Ph.D. holders. Take a look at them below


How to earn/mine Pi on your mobile? (referral link)


First of all, click this link minepi.com/Huntersreeni to download the Pi application onto your phone. Then create your account with your legal name because there is a verification (KYC) process to validate the user and reduce the risk of multiple accounts and bots. So you are ready to mine Pi.

Just click on the mine icon (lightning green icon) on the home page to start earning Pi. The homepage interface looks like this:

There are four levels of earning Pi. The customer, that is, you are the pioneer with a mining rate. Second, the contributor, this mining rate depends on how many of the referrals you have invited. Then there is the referral program called the ambassador, in which each of your invites gets a higher mining speed. Last is the node, which is coming soon. With node, you can mine Pi on your desktop.



Conclusion


According to the Pi team, now the users are around 18 million engaged pioneers. The mining stage will be active until the circle reaches more than 1 billion. So this is the best time to invest in this upcoming crypto. Not money but time, just mine Pi daily by clicking the mine icon in your mobile application. Before the end of 2021 Pi network should enter the market with a rate of 1 USD per coin, which is what their team has predicted. So let's hope we can get more Pi coins before it for free, all you have to do is just install and mine and refer other pioneers.



Reference


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