Pi Network claims to be the first and only digital currency that you can mine on your phone.
Sponsored: Binance is giving away $100 USDT to new users. If you want to EARN $100 USDT free from Binance simply Click Here and create a free Account and verify your Identity to get the reward.
SUGGESTED: TOP 5 PLATFORMS TO EARN CRYPTO TODAY FOR FREE
Cryptocurrency mining is a hugely energy intensive process and requires a lot of computer power in order to solve complex mathematics puzzles.
Also Check: Unleash Your Bitcoin Potential with BTCBunch.com! Transform your spare time into Bitcoin earnings and experience a user-friendly platform that’s transparent, secure, and rewarding.
Through a complex computer programme, Pi Network instead uses a series of votes and exchanges of data to verify transactions.
Pi Network claims users can mine the currency through the mobile app “without draining their phone battery”.
This makes the process available to anybody, in theory, Myron Jobson, personal finance campaigner of Interactive Investor.
Pi Coin is the cryptocurrency that runs on the Pi network, but it remains in pre-release mode.
Pi Network is currently in the second phase of the project, but it’s not yet known when Phase 3 will launch.
Pi Network “can’t technically be described as a pyramid scheme” as no money has changed hands yet. “It is far too early to tell if the coins being earned will be worth anything.
