Why you should join Pi Network
Today, I'm going to talk about a very special topic which is not related to what we have done in the past, which is cryptocurrency. I wanted to invite you to join Pi Network, a new mobile phone based cryptocurrency. It was launch in 14th March 2019, by 3 professor from Stanford University.
Table of content
Advantage of joining
Importance points
Comparison between Bitcoin and Pi Network
Simple tutorial
How to join
Table of content
- Advantage of joining
- Importance points
- Comparison between Bitcoin and Pi Network
- Law of 8:2 ratio
- Simple tutorial
- How to join
Advantage of joining
- Still at early stage, current only at phase 2.
- Mobile phone based, mine Pi Coin on your phone.
- Mobile friendly, would not drain battery and mobile data.
- No cost, totally free.
- Join with invitation code get you 25% hashrate boost.
- Pi Network was launch in 14th March 2019.
- Current it was in Phase 2, it will be on the market in Phase 3.
- Current Pi have no value, just like bitcoin when it was first release in 2008.
- During Phase 3, Pi will have value.
- Now, Pi have more than 3.5 million user.
- When the number of user reaches 10 million, the hashrate will be halved, same when it reaches 100 million.
- The earlier you join the more you can mine, and the more advantage you get.
Comparison between Bitcoin and Pi Network
- Cost - It is free to mine in Pi Network, but Bitcoin is not, you need to buy custom miner to mine Bitcoin.
- Availability - Pi Network is a new cryptocurrency which only have a small amount of people to compete with compare to Bitcoin which is over crowed with miner.
- Profitability - Pi Network is more profitable compare to Bitcoin, where Pi Network is free to mine, but Bitcoin need custom miner to mine.
- portability - Pi Network is very portable as it is mobile based, but Bitcoin is not, as you only can mine it using custom miner or using computer.
Law of 8:2 ratio
- 80% of the world's wealth is under control by 20% of the population of the world.
- This is a very common law of world, for example 80% of earth if sea and only 20% is land, 80% of air is nitrogen gas and 20% is oxygen and more.
- Same as cryptocurrency so, the earlier you join the higher chance you could get in to the 20% range and control the currency.
Simple tutorial
- Increase hashrate - you could invite you families and friends to join Pi Network using your invitation code, invite 1 person will increase your hashrate by 25%.
- Security circle - after you have mine for 3 days, you will unlock security circle feature, you could add 5 families or friend in the security circle, it will double up your hashrate.
- Transfer - current only the chosen one will have this feature, if you wish to have this feature you could ask user that have transfer feature to transfer 0.01 Pi to you and you will unlock the transfer feature.
How to join
- Android user - Search for Pi Network in Google Play store and download it.
- Apple user - Search for Pi Network in App store and download it.
- Create an account either using phone number or Facebook account.
- Enter the invitation code jacksonnai57 (25% harhrate boost and get 1 Pi coin)
- Click on the small lighting icon to start mining Pi coin.
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