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The more I asked questions and they do not answer, the more skeptical I become. I have to agree with you John, this is looking more and more like a scam to get people to join, and then hit us with some kind of buying. PS: Have to say, if on the contrary, it ends up working, then I will be making a hefty price tag, lol!
Benefits of mining for so long. Have 7Gs and counting. Me too Carlos! I have stopped mining a while ago but I have been with Pi for over a year now. Mining for free is a lot of work! But, I do hope that something good comes out of this and not some sales pitch to the next best Ponzi scheme. Fingers crossed…. Pi is interesting and will be surprising crypto-world in near future, the beauty is that it engaged poineers, by chat rooms , moderation etc.
The February 14th date is when I updated this post. Did you make any money? So please amateur, answer that ONE question and not the questions that everyone knows the answers to. We are a big group of people. Most are farming with a rate of 5 per hour. We welcome anyone to our chat.
Are we going to mine like it is some kind of game? Do you know what is going on? Is there something to look forward to or is Pi Network going to continue to be a mining game of some sort? A simpleton like me can mine in the background even with the app turned off. And you gain coins faster by having people join your circle. Its owned by the users. LOL at all the know-it-betters, who is telling you PI is a scam. Here is my answer. Before the bitcoin hype in , we were collecting free coins left and right.
Some of these coins became famous and you guys were buying our bags. Read my blog. They can delete it at their sole discretion. Actually your account is at risk right now because they have to deal with lots of fake account which need to be deleted. It can be any account, also yours. Thanks for sharing such valuable information Joe.
But what about the whole earning part of Pi? Are we just going to keep mining all day or is something actually going to happen? Everything you need to know is covered there. And my advice to all Pioneers: Verify your account with your phone number, not only with FB, and make sure to have enough real people pointing at you via security circles. This way you run less risk that your account will be wrongly deleted. Nothing to lose here but everything to gain.
Google and FB already have data tracking on you. I bet many wish they had a thousand bitcoin when they started and were easy to mine. Worth pennies back then. Now look at the price. Nothing ventured nothing gained I say. Crypto is the future. Bankers hate it. They have lots of money to pay bloggers and advertisers to try and quell it. Not going to happen. The people in mass are seeing the light.
Have a good life everyone! Can you give us some insight on what you have gained or why you feel that this is probably the best things since sliced bread. The idea is really funny and interesting, to have more and more people knowing the blockchain concept. About a few weeks after launch and have accrued quite some members to join up and lots of Pi coins now.
Though currently there is no monetary value of the coin but I see it has potential along with many other uses for the coin. When peer to peer exchange comes out and their marketplace opens, I think then it will have a lot of value. But currently as the trend of the coin continue to rise up with new users everyday, you can take advantage of their chat system to promote other things to your earning team.
Join Pi Network, minepi. No investment to join. Pi was not the first mobile mining. People need to do their homework as Electroneum ETN have been doing this since late Everything this is doing has already been done by ETN. Elecronium has been on since ? ETN does not have a real mobile miner. For me — at this moment — it does just look like some sort of profiling App that collects User data and could possibly sell them to other companies.
They want you to use your real names, constantly check back, so they can mark your account as active for possible interests of the database and in the best case they got your E-Mail, telephone number and If you were dumb enough the password you are using on multiple Apps and Accounts so buyers gain access to many of your stuff.
So this should always be in your mind participating stuff like this. Preface As the world becomes increasingly digital, cryptocurrency is a next natural step in the evolution of money. Pi is the first digital currency for everyday people, representing a major step forward in the adoption of cryptocurrency worldwide. Our Mission: Build a cryptocurrency and smart contracts platform secured and operated by everyday people.
The Pi server is operating as a faucet emulating the behavior of the decentralized system as it will function once its live. During this phase improvements in the user experience and behavior are possible and relatively easy to make compared to the stable phase of the main net. All minting of coins to users will be migrated to the live net once it launches. In other words, the livenet will pre-mint in its genesis block all account holder balances generated during Phase 1, and continue operating just like the current system but fully decentralized.
Phase 2 — Testnet Before we launch the main net, the Node software will be deployed on a test net. The test net will use the same exact trust graph as the main net but on a testing Pi coin. Pi core team will host several nodes on the test net, but will encourage more Pioneers to start their own nodes on the testnet.
In fact, in order for any node to join the main net, they are advised to begin on the testnet. The test net will be run in parallel to the Pi emulator in phase one, and periodically, e. At that time when the community feels its ready, Pi will migrate to the next phase. When the community feels the software is ready for production, and it has been thoroughly tested on the testnet, the official mainnet of the Pi network will be launched. An important detail is that, in the transition into the mainnet, only accounts validated to belong to distinct real individuals will be honored.
After this point, the faucet and Pi network emulator of Phase 1 will be shut down and the system will continue on its own forever. Their implementation and deployment will depend on nodes updating the mining software just like any other blockchains.
No central authority will be controlling the currency and it will be fully decentralized. Balances of fake users or duplicate users will be discarded. This is the phase when Pi can be connected to exchanges and be exchanged for other currencies. Waste of time? You can download an app on your phone iOS or Android , and it takes negligible battery power to run and mine.
All you need is a phone number or throwaway facebook account to sign up. It has no value right now but that could change if we get enough people using the product. There are over k users so far, unsure how many are active. Thought it was sketch at first, but after reading the whitepaper it seems decent and not a scam so far.
You can directly speak to the devs, as well as other uses with the app. For any interested, definitely give it a look. Pi network probably is a scam. The claim to let you coin mine from your phone, via the cloud.
Is it profitable to mine crypto today? If you are a beginner in crypto mining, you need to understand that the process of getting coins is incredibly difficult. Different currencies require different mining techniques. How does it work and what should you do to mine coins?
Keep reading the Pi network review to find out. While Bitcoin mining still demands huge expenses and power inputs, which is harmful to ecology, the developers of Pi Network crypto made a huge step forward evolution in mining processes. The main idea was to create a user-friendly network, where people can form chains and mine coins with a minimal cost and limited battery drain, using a mobile application.
The PI Network mobile app is user-friendly. By the way, Changelly service also has an app that is convenient to use. This app allows you to gain PI by making simple steps and contributing to the Pi community. However, while developers are promising the moon it is still impossible to withdraw money. Step 1. Download Pi Network app here.
Step 4. Fill in your profile details. Make sure you provide your real name. Then continue with the country and phone number. Step 6. Congratulations, you have just signed up. Then tap the lightning icon on the right. To prove that you are a real person, not a bot, you need to go to the application every day.
The cryptocurrency will be credited within 24 hours, after which you need to activate Pi Network mining again. If it is very hard to keep everything in your mind, turn the notifications on. Step 7. Make a small tour with the Pi mining app. Now you are ready to mine PI. After signing up, every user receives 1 PI.
The First Digital Currency You Can Mine On Your Phone. Start mining cryptocurrency today with our free, energy-light mobile app. Learn more. Download app. The app creates limited value. Users create no value except for providing their information to the mobile app, viewing ads or messaging other. % sure this app is a scam. The only "mining" going on is of your contact info and social graph, and ad revenue from ads that are still displayed even when.