Pi is becoming more and more scarce. PCT has been playing it smart for all of us. They’ve been waiting for the mining rate to drop a lot. If we assume an average 3% discount in the base mining rate from March 2024 to March 2025, it’ll take about 8 days to mine 1 Pi by March 2025.
Now, it’s clear that in 2025, Pi will join the open network. Investors have only two options: mine it or buy it from the exchange.
Big investors can’t wait to mine because they value their time.
And retail investors like us can’t buy it at a high price because we don’t have much money.
This means that if investors buy Pi, it’ll make headlines all over the world, and retail investors will try to mine for free.
Now, here’s the interesting part: due to this domino effect, the base mining rate will start dropping faster than we can imagine. This will make mining a profitable class for investors again, and the ♾️ cycle will continue.
Now, you might be wondering why investors will buy from exchanges. Well, there are a few reasons. First, there’s no other cryptocurrency in the world that has managed to create an ecosystem around itself. This ecosystem is in the hands of every human being, making it easy to use and accessible. Plus, it has a strong fanbase, including #Bitcoin
For @PiCoreTeam to pass @ethereum on X will create a lot of buzz around the world. This buzz will attract the attention of big investors, but they have no choice: either to mine it or wait for the mainnet to open to buy it. This buzz will again create a domino effect that will reduce the base mining rate faster than usual.
So, if you think you’ve collected enough Pi so far, you need to mine more. You need to accumulate more while you can. Do not hesitate to Create Binance Account if you wish to mine pi network.
#PiNetwork
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