If you didn’t get into cryptomining early, it’s hard not to feel like you missed the boat. The equipment got expensive, the rewards got small, and the power requirements to mine in a worthwhile way is immense. 

Yes, there are options out there like MinerGate where you can download software on your computer and get started easy. But the returns you get are incredibly small, especially with the strain you will put on your computer. Add in that you can’t withdraw until you hit specific minimums that you’ll likely never reach before abandoning the project.

Salad is a little better if you have a powerful gaming computer, but you don’t get paid out in crypto and the rewards are still small and slow.

So where does that leave anyone looking to mine cryptocurrency at a personal scale? Honestly, there aren’t many worthwhile options unless you’re willing to fork out big money for hardware. 

That’s where Pi comes in.

What is Pi (and is it worth mining)? 

Pi Network is a digital currency that is trying to bring back the ‘for the people’ spirit that big coins like Bitcoin had out of the gate. While Bitcoin is still killing it, mining has become impractical for the very people it was meant to empower. The goal of Pi is to make crypto mining accessible.

Using a free app with low energy use, users can mine Pi from their phones. And at a pretty good rate - right now it’s 0.1 tokens/hour and you only have to check in once a day. 

On top of that, there are options to increase your earnings. After 3 consecutive days, you become a “contributor” and are able to add security connections, and you receive another 0.02 π/hour for each connection. As well, you can earn even more by inviting new members.

In the near future, you will be able to run Nodes on your computer, helping to increase security and further increasing your rewards.

It’s no muss, no fuss, and takes 2 seconds a day.

So What’s the Catch?

Even if the biggest Pi supporters out there will admit, there’s a catch here. The Pi token doesn’t have established value yet. It’s in Q2 right now and it won’t have an established value until Q3. But, you need to mine it now to get worthwhile rewards before that value is established. It’s a bit of a catch 22.

As well, it’s not true mining. It’s more so earning, almost like using a faucet. If you’ve had much experience with faucets, you know their payouts are low, popups are crazy, and for most people they aren’t worthwhile. Pi, however, is worthwhile - but only if the coin turns out to have value. 

At its current earning rate the coin won’t need much value to be more worthwhile than faucets. Earning Pi is faster and takes less time and effort on your part. But, again, it could be a total bust.

On the plus side, some experts are saying Pi will be worth $10, and others as much as $100 (but, don’t forget, it could be $0).

Why to Start Mining Pi Now?

Let’s face it, Pi is pretty speculative. It’s a moonshot, but it’s a moonshot that requires little from you. For some people it’s a no way, for others, that’s a no-brainer.

But if you are looking to get started, time is of the essence. You only have 7 days before the rewards are halved. The rewards have already been halved twice before at a preplanned rate. Eventually, the halvings will change to 0 π/hour rewards, leaving miners with only their bonuses. So you want to start earning now while the rewards are still strong.

As well, Q3 - when the valuation may finally hit - is expected to occur by the end of the year. That doesn’t leave a lot of time to earn as much Pi as you can. 

Although we probably won’t get rich mining Pi, it’s a cool project that aims to bring crypto back to the everyman. But with no money down and minimal commitment, even if it doesn’t take us to the moon, at least we don’t have to worry about crashing down.

If you want to get started with mining Pi, why not use my link (you need one to join anyway). I will add you to my Security circle as soon as you’re eligible so you can start earning more.

Thanks for coming to my TedTalk, enjoy some referral codes:

• Shakepay (buy 100 Bitcoin and we each get money and shake rewards)
• Coinbase (get free monies when you buy or sell $100 worth of Bitcoin) 
• Newton (get $25 free when you trade over $100) 
• Pi (get free Pi, you can't get in without an invite so why not use mine?) 
• Splinter lands (One of the only money making NFT games that has a low barrier to entry)

If you do choose to use Salad - use my referral code: 12IEUE and get 2x the mining rate