In 2009, a new currency was created called Bitcoin which is the first-ever cryptocurrency. Fast forward to the present day, there are over 25,000 cryptocurrencies. Over 40 of them have a market capitalization exceeding $1 billion. That is why today, I am going to show you how to mine Pi Cryptocurrency.
What is Pi Cryptocurrency?
Pi is a cryptocurrency developed by Stanford. It currently has the fastest-growing market capitalization of any cryptocurrency. It already has over 35 million engaged active users. Pi coin runs on the Pi network.
What is Pi Network?
Pi Network is a simple mobile blockchain mining venture aiming to provide everyone with access to cryptocurrency. Its official launch was on 14 March 2019 by Nicolas Kokkalis and Chengdiao Fan.
The Pi network enables people to mine Pi coins on their mobile devices. It provides mobile mining functionality for both Android and iOS devices through its mobile app. To join the mining program, users need an invite. Once you’ve installed and set up the app, you need to put in your invitee’s name. You can use YBFrank as your invitee’s name. mining Pi coins on their devices becomes as simple as clicking a button.
Is Pi coin Real or Fake?
According to Binance, Pi is a Proof-of-Work cryptocurrency. This means users can mine Pi coins by completing simple tasks on their smartphones. Pi Network is not yet available to trade on exchanges, so its value is currently speculative. There are some concerns that Pi Network is a scam.
How to get Pi cryptocurrency?
Getting Pi as of now requires you to mine Pi. Mining Pi requires you to download the app, fill in your information, and state your referral. You can use YBFrank as your referral code to get a welcome bonus.
How do I cash out my Pi coin?
Currently, there is no way to cash out from the Pi network. The Pi team is currently working on how to enable their users to cash out through their network.