WHAT IS PI?Written byTheCryptoLegendonAugust 16, 2019Piis...

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    WHAT IS PI?

    Piis aCryptocurrency. Cryptodoesn’t mean bad, dirty or evil. It is a term combined with the wordcurrencyto represent a digital asset that was designed from its inception to be built as a medium of exchange that uses cryptography which encrypts the information to secure and verify online transactions. One canearnthis cryptocurrency bydownloadinganappon theirmobiledevice. It is compatible foriOS orAndroid. You can find it on theApp StoreorPlay Store.

    It wasn’t the first cryptocurrency that could be earned/mined on one’s mobile device. However, it isone of only severalthat can be earned through one’smobile device. Phoneum, Electroneum, MinerGate, NeoNeonMiner, and ARM Miner are a few that have existed before Pi was available to be downloaded as an app.

    Pi is not free. In life, nothing ever truly is. It always costs something. Pi will requiretwo thingsfrom you if you would like toearn more Pi per hour. Yourtime, and yoursocial capital.

    In regard to yourtime, it can be as little as 5 seconds a day. This would require you to open the app, then you would need to tap the lightning bolt icon to initiate a 24-hour earning session for this cryptocurrency. Once the lightning bolt is green, your amount of Pi will begin to increase every second for the next 24 hours. This number can be located at the very top middle section within your app. Tapping that lightning bolt icon is used to verify you are a human and not a bot.

    In regard to yoursocial capital, this term is directly related to your relationships you have with your family, friends, co-workers, and acquaintances. Theconnectionsyou havebuilt over your lifetimeis thetotal sumof yoursocial capital. For those today who also have social platforms such as Instagram, Facebook, Snapchat, Pinterest , Reddit, and Twitter, they may have built very large followings over the years. Some people have amassed their social capital into the millions. They have offered a lot of value to many people over the years.

    Theirinfluence,also known asclout,could be motivational, entertainment, the latest on fashion, the latest on news, food recipes, etc. Nevertheless, the content provided to the community they serve has been supported by those who follow them.

    Pi uses “cloud mining.” It is using a Pi Emulator and a Faucet at its database to track the Pi being distributed across The Pi Network. The rate at which it is being distributed to each active Pi miner in the network based on their active earning team is being controlled by the faucet. Once the earning session has been activated, it is being tracked by their database server side. This is why on the client side, you can force close the app, yet when you open the app later you will see it was accumulating the Pi the whole time. This is the reason why it hardly uses any data or why it also hardly drains your battery on your mobile device. Do not log out of the app though, if you are wanting to mine Pi.

    At the time of this articlePi is worth absolutely nothing. One Pi amounts to $0.00. Still, do not make the simple mistake by thinking it will always be worthless. It has valuetomany peopleeven today. That value, however,has not been monetized yet. There arepeoplewithin thePi communitywhowill buy all the Pi you have mined and will mineas soon as they can up until it’s listed on Exchanges.

    “As long as you have someone willing to buy it the moment you are willing to sell it, that reason alone is enough to start mining it.”

    You canmineitright now, at this time. However, it will not be minable forever through your mobile device. Eventually, Pi will only be accumulated through the Pi marketplace, Exchanges, and through Nodes processing transactions only when operating at a high volume.

    If you don’t want to miss out on an amazing opportunity, then join the rest of us within this great Pi community.

    Download the app– Pi Network – and useyour mobile phone numberto create your account.

    Createyour own usernamethat youwill never forget



    You can use this invitation code if you want
    pennychemist

    Last edited by ThePennyChemist: 21/08/19
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