Pi Network: Pi Coin Prediction Scam or Next BTC?

 Pi Network: Pi Coin Prediction Scam or Next BTC?

Pi Network: Pi Coin price prediction for 2021-20

13:57, 19 March 202

Pi Network (PI) is the newest digital coin to grab the attention of the cryptocurrency community, even before it has fully launched. Some users view it as a way to get involved in a cryptocurrency from the ground up and profit in the future, in the same way that early Bitcoin adopters have racked up massive gains from mining and holding the coin. However, others have likened Pi to a multi-level marketing (MLM) scam that holds no value

But what is Pi Network and how does it work? Have you heard of the Pi cryptocurrency and are you looking to find out more about it as a potential investmen

This article provides an overview of what the Pi Network aims to achieve and how the Pi cryptocurrency price prediction is already taking shap

Pi Coin: another scam or next B

What is Pi Networ

Pi Network is a digital currency project that aims to keep crypto mining accessible as the centralisation of the first generation of currencies like Bitcoin has put them out of reach of everyday users. The Pi Network, developed by a team of Stanford graduates, enables users to mine coins using its mobile phone app, validating transactions on a distributed record

With branding based on the number π, Phase 1 of the project launched in 2019 on Pi Day, March 14, with its free Pi mining app. By June 2019, the network had more than 100,000 active users, and a year later when Phase 2 launched there were more than 3.5 million. The app started running ads in May 2020 to provide a source of financing for the project. The user base reached 14 million in March 2021, having crossed the 12 million mark in February

Pi’s mining rate halved from 1.6 π per hour when it reached 100,000 users, halved again to 0.4 π per hour when it reached 1 million and again to 0.2 π when it reached 10 million. It will continue to halve, reaching zero at 1 billion users.