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Shuaibu Muhammed Jawad

@jawadms

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214 Followers


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All Pi Network Coins Are Pre-Minted & the Pi monthly mining rate has increased! Most Pioneers do not see the point in mining just to earn 1 Pi worth about 0.50 dollars over 14 days at the base rate. However, it is important to understand how Pi mining works. According to the Pi Network Whitepaper, all 100 billion Pi coins were minted at the genesis of the blockchain, as technically required by the protocol. This means that Pi mining does not generate new coins. Instead, the mining process is designed to fairly distribute the pre-existing supply to users based on their contributions to the network such as daily engagement, referrals, security circles, node operation, and app usage. So when you mine Pi, you are not creating new currency but you are unlocking access to your share of the total supply. Be Consistent It's a long term rewarding efforts
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