Nowadays its very difficult and energy intensive to mine bitcoin. If you were one of the first one, you will be a lucky guy now... Few days ago, i got an airdrop notification for the PI network, a new approach in crypto mining.

Background of PI Network

PI Network got etablished by three PhD of Standfort and is based on the Stellar Consensus Protocol (SCP) and an algorithm called Federated Byzantine Agreement (FBA). 

Mobile phone mining

The risk of investing/mining is a key barrier to entry the crypto space for everyday people. Pi Core Team identified this barrier and invented the mobile phone mining. Now its possible everyday people to mine or earn cryptocurrencies rewards for validating transactions on a distributed record of transactions. 

While Bitcoin's process for updating its record is proven (burning energy/money to prove trustworthiness), it is not very user and planet friendly. For Pi, they introduced the additional design requirement of employing a consensus algorithm that would also be extremely user friendly and ideally enable mining on personal computers and mobile phones, without consumption of the batterie, you only have to push the mine button once a day in your app.

Different Roles

Anybody can play four roles in the network, for what you will get rewarded

• - Pioneer 0,20 PI/hr
• - Contributor 0,04 PI/hr for every person in the security circle
• - Ambassador 0,05 PI/hr for every invited contact
• - Node (NA, Coming Soon)

Don't wait longer, join the innovativ mining approach and earn your cryptos of the future:

https://minepi.com/miwalch and use my username (miwalch) as your invitation code! See you in the network!!