Pi's Worth

On Android or IOS, users can download the Pi App. Pi is a growing cryptocurrency developed by three of Stanford University alums. While a pi coin itself does not hold any value, it will soon. There are a range of predictions on what this value will be once the currency is made open to the public. A data table on CoinDataFlow.com shows a prediction for the value of pi in correlation to bitcoin. The predictions seem optimistic and hopefully accurate.

Mining Pi

Some of these predictions may seem low, however Pi is currently available to be mined at a rate of 0.1pi an hour. Each mining session lasts 24 hours. For every friend each user invites, they will receive 25% of their hourly mining rate. For example, if they invite 5 friends, they will receive an additional 0.125pi per hour - more than doubling your original amount. Even with no friends invited, one will mine about 876 pi per year. Remember, this is risk free and has potential to produce thousands of dollars.

Legitimacy of Pi

For right now, we do not know enough about Pi to conclude that it is a scam. Many claim that this project is a Ponzi scheme. However, this would require that users put in money. The app is entirely free, and users will receive ads occasionally in order to start mining pi again. These ads will most likely give value to Pi - for around 30 million users have downloaded the Pi application. This means millions of people are watching ads daily and generating revenue for the Pi Network.

How to Get Started

Use this link to download Pi on your mobile device.