What is Pi Network and Pi Coin?
Aimed to make mining available to everyone, Pi Network is a mobile-based bitcoin mining initiative Pi Network lets people mine bitcoin with only a smartphone, unlike conventional mining which calls for strong computers and substantial energy use.
Two Stanford PhDs, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, started the project in 2019 hoping to produce a distributed, user-friendly bitcoin. Pi Network estimates to have over 70 million subscribers globally as of 2025, while this number is still under dispute.
Pi Network Mining Methodologies
The mining mechanism of Pi Network is meant to be straightforward and easily available. Opening the Pi Network app and once every 24 hours touching a button lets users mine Pi. Mining does not deplete battery life or call for the program to run continually.
The Pi Network ecosystem consists on four key roles:
Regular miners of Pi by regularly touching the mining button are pioneers.
Contributors are users who create security circles—trust networks—to provide transaction security.
Users that encourage new members of Pi Network to participate get a referral incentive as ambassadors.
Advanced users of Pi Network use its node software on a computer to verify transactions.
Multiple roles may be held simultaneously by users, therefore boosting their mining rate by means of active network contribution.
Pi coins: what are they?
Pi Coin ($PI) is Pi Network's native coin. Within Pi Network's ecosystem, it is used in transactions, governance, and maybe as a medium of exchange.
Users cannot exchange or move Pi because it was first mined in a confined environment (Enclosed Mainnet). Users that have completed KYC validation and Mainnet migration may purchase, sell, and trade Pi Coin like any other cryptocurrency now that Pi Coin is published on exchanges.
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🔔 Japan’s Metaplanet Expands Bitcoin Holdings with 68 BTC Purchase, Now Holds 2,100 BTC !
Japanese investment firm Metaplanet bought 68 BTC ($6.6M), increasing its total holdings to 2,100 BTC ($203M). The Tokyo-listed company, committed to Bitcoin accumulation, aims to hold 10,000 BTC by 2025 and 21,000 BTC by 2026.
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