Hola Traders
Many of you already Mined or HODL Pi Coin on PI network app and worried about what will be the Future and its expected price. Pi Network always under controversy mark, as those who already mining is coming to know about, Network officials running testnet. more than 150k nodes have installed by active users from which more than 50k nodes are active on a daily basis. so, officially PI network is already entered into Phase 2 and this was 2nd major upgrade from the company, as in this phase building of infrastructure and Blockchain will be carried out. right now only few nodes with docker installation can validate the transaction on testnet, to activate supernode users need to done KYC stuff and also upgrade their Pi node to its new version. Mainnet will be built on smart contracts.
The idea of launching this project is to make mining easy, as after the recent Bitcoin Halving event Mining is becoming more difficult because reward point for one block is dropped to 6.25 from 12.5. Mobile mining is a new concept gaining more attention from the users, as recently many new projects is focusing on mining with a mobile processor and in that Pi network get a moderate response. App already crossed 1 million downloads on google play store and more than 3.6 million active users including Android, iOS, and other OS.
Cryptocurrency Name Pi Network Ticker Symbol Pi Coin Expected Price $0.16 USD Current Price $0 USD Platform Blockchain Available on Google Play Store, Apple App Store Phase 1 Started on 14th March 2020 I.e. Launching Date Phase 2 Building Infrastructure and Blockchain Phase 3 Trading Available i.e. Price started displaying.
PI Netwok Price Prediction
it is difficult to predict Pi Network price, as it depends on different factors and right now Pi Coin has 0 USD value.
- Pi Network Price will decide same as Bitcoin
in 2008 when Bitcoin has launched mainnet that time 1 coin was worth equal to $5.13 USD and before that only way to earn Bitcoin is by mining. Pi Network will follow exact similar procedure to decide price, now only we way to earn coin is by turn on mine button from App (developer may earn more by validating node and other testnet or mainnet contribution). Right now, many bullish predictions made by different portal like Pi will worth $0.16 USD, so currently I already HODL more than 5k Pi Coin and with that predicted price I have $800 USD on my wallet lol.
- Number of register user may decide
in Q&A on the official website stated that mined coins can be used to purchase goods and service or even user will able exchange with other fiat currency like USD, BTC, and other altcoins, for that user need to maintain patience till mainnet launch. Recently they have started displaying google ads on Apps, where they will be earning passive income, and this income may increase as the number active installation increased. the Nodes also plays important role as they will not follow any traditional listing or ICO distribution to raise market cap value before mainnet launch. so a number of validator nodes and supernode at the time of mainnet will also one the important factor.
How To Mine Pi Network
- Download Pi Network App from minepi.com
- fill basic details name email address.
- Turn on mining button
- Double your mining by inviting more people.
- you need to open app daily to restart mining.
- Per hour mining rate dropped from 0.85 pi to 0.20 Pi, so start mining before the next halving.
Source:
https://cryptocurrencypriceprediction.com/pi-network-price-prediction/
https://minepi.com/white-paper
