What Is Pi?
Mining crypto currency on phone has always been battery depleting and not cost effective, however that has now changed with the launch of the Pi Network is a FREE mining software for your mobile phone.
Pi Network is Created by a group of Stanford University PHD students, this revolutionary new crypto currency is set to become one of the most popular in the world and YES! It could make YOU rich!
The Pi Network mines crypto currency off your phone using no battery power or data and only requires an internet connection to mine.
Users are encouraged to refer their friends and family to the program to earn more over time and the program recently hit over 8 Million registered Pioneers.
How Much Is Pi Worth?
The Pi Network crypto currency is currently worth nothing as it is in stage 2 development and has not yet launched on the blockchain, but a back-end marketplace already has users exchanging the currency for up to $10 a coin.
Some users have said that when the coin launches on exchanges, expected in 2021, it may reach a value close to that of Ethereum at $200 or possibly more!
This would mean if you had mined over 1000 coins on the Pi Network App, you would be sitting on a balance of $200,000 dollars.
To state how easy it is to earn Pi, I have invited just seven friends so far, and have a balance of close to 3000 coins in little under one year and not all of my friends mined the coins!
Even if the Pi Network only hit a price of $25 per coin, that would still leave me with $75,000 profit!
Will Mining End On The Pi Network?
As with much new crypto currency, Pi is currently mineable, however there is only a limited time to get into the program and mining may end for new members once the user-base reaches 10 million Pioneers.
Existing users will of course still be able to mine, however this will be at a reduced rate, possibly half what it was when you joined.