coinpedia 2025-05-11 14:33:21

Pi Network Price Crosses $1 Mark: How to Mine Pi Coins?

The post Pi Network Price Crosses $1 Mark: How to Mine Pi Coins? appeared first on Coinpedia Fintech News Pi Coin has gained an impressive 51% in the last 24 hours and with rumors of possible listing news and exciting updates, Pi is definitely gearing up for a bigger move ahead. Additionally, Pi Network has made it incredibly easy to mine crypto from just your smartphone. Here’s how you can get started: The Pi Mining app is the main app for Pi Network , available on both iOS and Android. Users can sign up, mine Pi, get updates, join community activities, and interact with others every day. How to Start Mining Pi Coins 1. Download the Pi Network App from the App Store (iOS) or Google Play (Android). 2. Sign Up and Verify Your Account Register with your phone number or Facebook account, choose a password, and verify your identity through phone or email. 3. Enter an Invitation Code Pi Network operates on an invite-only system. So you will need a referral code from someone already in the network. Once you join, you create an earning team of one with just your inviter on the team. Important: The size of your inviter’s earning team has no impact on your mining rate. Some claim that joining their large earning teams will increase your earnings, but this is misleading. Note that your mining rate depends solely on your network, not theirs. 4. Start Mining Finally, you can start mining by tapping the lightning bolt “ ”. Mining sessions last 24 hours, so you will need to tap it every day to keep earning Pi. 5. Build Your Security Circle After 3 days of mining, you can boost your rate by adding your trusted people to your Circle. This will boost your network and increase your earnings. 6. Invite Friends to Boost Your Earnings Next, invite friends with your referral code to grow your network. The more the number of people in your team, the higher your mining rate. Also, locking up your Pi for a set period can boost your earnings, and using apps on the Pi Browser or running a Node can add more rewards. How Pi Mining Works- Pi mining relies on a unique system called Proof-of-Engagement. You will need to show that you are an active user by tapping the mining button daily, which will help keep bots and fake accounts away. Further, instead of using energy-intensive proof systems, Pi Network builds trust through Security Circles, which help keep the network secure and prevent fraud. When it was first launched, Pi’s mining rate was high, but it has since dropped as more people joined in. It started at 3.14 Pi per hour, but as of 2025, the base mining rate for Pi Network is approximately 0.0030 Pi per hour. Before using or transferring Pi, a KYC verification pass is needed. It usually requires a government-issued ID and is similar to the verification process on most crypto exchanges.

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