What is Pi Network? Mine crypto with a tap
Simple daily actions support digital transactions while earning rewards on your phone
Ever heard of crypto mining?
It’s the process that powers certain cryptocurrencies, such as Bitcoin. Mining is essential for validating transactions and releasing new coins to the market.
However, the process can be intensive, as it requires specialized computers and significant energy consumption.
But thanks to one crypto mining app, there’s another way to mine cryptocurrency—without expensive equipment or high electricity bills. All you need is your phone.
Pi Network
Pi Network allows its users—known as Pioneers—to mine its native digital currency (Pi) using smartphones. The process helps verify transactions and support the growth of its ecosystem.
Unlike traditional crypto mining—which relies on powerful computers—Pi Network is designed to use less energy and be more accessible. While Bitcoin mining uses a Proof of Work (PoW) system that involves solving complex math problems, Pi Network maintains security through user trust relationships. This approach allows the network to operate with lower power consumption.
How to mine Pi Network cryptocurrency on your phone
Mining Pi is straightforward. Simply download the Pi Network app, create an account, and tap a button once every 24 hours to start mining. The process is designed to be simple, so users don’t need technical expertise or expensive equipment.
The app runs in the background even when closed, so users don’t have to keep it open continuously.
What is Pi Network open mainnet and how does it work?
Launched on Pi Day (March 14, 2019) by Stanford graduates, Pi Network has grown to over 60 million users. It has now entered its final development phase—the Pi Network open mainnet.
With this phase, Pi can connect with other networks, allowing it to be used for transactions outside its ecosystem. Applications built on Pi can also expand their functionality.
Pi cryptocurrency is available on major crypto exchanges like OKX, Bybit, and HTX, where users can buy, sell, and trade it.
Pi Network’s goal is to become a digital payment system for everyday goods and services. Its roadmap includes expanding node operations (the devices that run mining software), developing cross-blockchain features, and exploring potential partnerships for Pi payments.
As the ecosystem develops, Pi Network offers an approach to crypto mining that requires less energy and is easier to use.
