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Pi is a netowrk that enables mining on mobile phones. In contrast to first generation cryptocurrencies which demand massive energy consumption in order to complete the mining process, Pi network offers a more user and planet friendly alternative. Let’s take a deeper look at the Pi network. Contents [ hide]
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Pi coin, or PI, is the cryptocurrency that runs on the Pi network, and as with other cryptos such as bitcoin, it was designed to undergo regular “halving” to protect its scarcity. Halving is when the number of coins a miner receives for processing new transactions is reduced by half. It usually occurs when a certain milestone is reached.
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Pi Network
The Pi Network’s official website claims that its goal is to ensure that no one is left out of the cryptocurrency revolution, pointing out that mining cryptocurrency is hard and investing in it can be even riskier. According to the project, it enables anyone to mine crypto on their phone without draining their battery.
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Pi’s Core Team does not control when cryptocurrency exchanges (like Binance, Coinbase, Kraken etc.) decide to list Pi. However, Pi will be able to be traded in Phase 3 of the project (i.e., Mainnet). At that point, exchanges can choose to list Pi. This means that before phase 3, all "Pi" listings are in no way related to the Pi Network project.
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Pi Mining crypto is hard. Investing in crypto is risky. Too many of us are left out of the cryptocurrency revolution. Pi makes crypto mining easy Breakthrough tech allows you to mine Pi coins on your phone without draining your battery. Decentralized Secure, Immutable, non-counterfeitable and interoperable digital money. Mobile First
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PiCoin (PI) is a cryptocurrency . Users are able to generate PI through the process of mining. PiCoin has a current supply of 1,378,368.8048804 with 0 in circulation. The last known price of PiCoin is 0.00707719 USD and is up 0.00 over the last 24 hours. More information can be found at http://picoin.club/.
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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.
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