Good Day everyone,
When bitcoin was first created by the mysterious Satoshi Nakamoto in 2009, it
was intended to make virtual finance accessible to all people. A decentralized
cryptocurrency would allow people to make money for themselves, as one could
mine pieces of bitcoin and then cash in once they acquired a whole bitcoin.
Today, one bitcoin is worth $19,082.05. But the newest cryptocurrency, called
Pi, might take that goal a step further.
Bitcoin has waned in popularity and in valuBute because mining is extremely
expensive and requires extensive knowledge of the mining technology, which also
contributes to CO2 emissions. There are also only 21 million bitcoin to mine,
and it isn’t clear if or when more will be created. So not only is bitcoin
exclusive, but it’s also harmful to the Earth.
Luckily, the rise of bitcoin led to the development of other cryptocurrencies,
known as altcoins. Most of these, such as Litecoin, Dogecoin and Ethereum, are
more accessible than bitcoin but still follow the same basic model and
For example, Litecoin has 84 million coins to be mined, which is over four
times more than its predecessor. The code is also easier to learn, but this
comes at a cost. To keep any one user or group from dominating the market,
Litecoin’s scrypt makes it harder to generate coins, and as a result, Litecoin
requires much more time and money to attain a solid investment. At this point,
the crypto game is simply a “pick your poison” ordeal. Some people refer to
sites like cripto-valuta.net to make their decisions.
The newest cryptocurrency promises to change all of that. Pi is officially
known as a “social currency,” backed by everyday people. Instead of using
costly and complicated machines to mine, users simply mine using their
smartphones. The basic idea is to get 100 million regular people to download
the mobile app and be active miners, then Pi will have enough users backing it
that it’ll become a legitimate cryptocurrency. It’s because of these founding
principles that Pi ensures it will be everything bitcoin is not: inclusive,
practical and eco-friendly. But to understand how the network came to fruition,
one only need look to Palo Alto, California.
To incentivize users to grow their security circles, the system is designed to
allow users to mine at a higher rate as more people join their network. The
basic mining rate is 0.20 Pi per hour, but someone with two others in their
security circle mines at 0.27 Pi per hour. That may not seem like a huge
difference, but it adds up over a 24 hour cycle.
If you’d like to invest in Pi, it’s best to download the app and start mining
immediately. Once the crypto reaches its third stage, it will become a real
currency and can be used in transaction. At that point, the standard mining
rate will go down to around 0.1 Pi per hour. For now, higher rates are spurring
the growth the app needs in order for Pi to become legitimate. The same can be
said of the exchange rate, which is currently estimated at $20-$100 per Pi.
However, this is bound to change as the Network grows in numbers. It will
likely remain high, as most crypto rates are.
To start mining, download the Pi Network app and set up an account. You have to
open the app and hit the “Mine” button once every 24 hours, but you don’t have
to keep it open. It won’t use up much battery either. You can also use the app
to invite people to your security circle, see a breakdown of your mining rate
and even chat with a Pi Team Member if you have any questions.
With an extremely helpful app and revolutionary technology, the Pi Network
hopes to transform global finance by creating a unified community focused on
creating their own net worth and expanding opportunities for everyone.
More Information? Please visit us at
Bitcoin just boomed over $18K last week.
Some people achieved the crypto dream while others realized how ignoring the
trend was a terrible mistake.
PI could be the next opportunity, It is a new digital currency developed by
Stanford PhDs in 2019, with over 9million members worldwide today. It seems to
follow the same pattern as Bitcoin in 2009.
At this stage, the PI network plan seems to just be “grow the numbers, test the
system, and we will take it from there.”
You just need to take one minute a day, give yourself a chance to get rich. PI
is Zero risk, no investment, no credit card required
If you miss the bitcoin at an early stage, don't let this opportunity pass by
There’s no reason not to join the PI network and earn some tokens. Join now,
or regret it later.
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