Hello everyone, dear readers, In this publication I will try to briefly talk about the possibility of making good money by conditional mining of the new Pi Network cryptocurrency, this is not at all difficult to do and you do not need any special equipment for this.
So, in a nutshell, Pi Network is a new and promising cryptocurrency developed in the US silicon valley, which is designed to solve many different problems. This project was developed and led by two Stanford University professors Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. The creators of the Pi Network position their blockchain as a conditionally popular bitcoin, which will allow you to quickly and cheaply make any transactions without the participation of third parties, as well as decentralize legal and other services. Pi aims to allow ordinary people from all walks of life to contribute to the security of the cryptocurrency and the success of its community.
The project started on March 14, 2019 and is rapidly gaining momentum, in 2019 the network gained more than 500,000 users, and now it has more than 15 million. I found an interesting note about this on the news resource of Stanford University. Detailed information about the project can be found on the official website.
According to the chief developer of the Pi Network, the main advantages of modern cryptocurrencies are not available to most ordinary people, who can benefit from this technology the most. Therefore, a well-thought-out system for entering the market for the project was created. And now we come to the most important thing, how you can get coins of this project for free.
As I said earlier, now the project has more than 15 million participants, and according to the developers' plans, the coin will enter the market when it reaches 100 million users. In the last year, the project has been developing very intensively and in about 6-12 months the coin will enter the market. And until this figure is reached, the project allows absolutely free and regularly receive 0.2 Pi coins to all interested users per hour.
To get Pi coins for free, you need to download a special application on your smartphone. You can download it from the link for devices running on Android and iOS, and it can also be easily found in the Play Store and App Store by searching for "Pi Network".
Looking ahead, I’ll say that it’s difficult to estimate the cost of a coin now, but according to some estimates, it can cost from 1 to 10 dollars, the project can be found on the CoinMarketCap resource, which is also a good signal. At a basic level, the application allows you to receive from 0.2 Pi per hour, which will give you almost 150 coins per month.
After installing the application, you need to go through a quick registration, the only thing I recommend is to indicate a reliable name in the registration form, because when the coin acquires value, most likely, you will need to go through KYC identification.
The number of accumulated coins is displayed at the top of the screen, but in order not to lose your coins, you need to confirm your phone number. This is to prevent users from creating fake accounts. Verification can be done in the main menu in the profile section. In the screenshot below, my phone number is already verified and marked with a green checkmark, and you will have a yellow button that says verify, click on it. Next, in the window that appears, you need to click on the inscription "Manual instructions", the application generates a code that needs to be sent to the specified number. Then press the button "I have sent the text". After a couple of minutes, your phone number will be verified. I will add that the cost of SMS is set by your operator, for me it was about 0.15 cents. Just in case, I filmed the detailed process of registering and verifying the number on a video, which I will attach below in the publication.
I will add that the application does not load the phone and does not drain the battery, conditional mining is currently taking place. Even if you turn off your smartphone, mining will continue. The distribution of Pi coins, in my opinion, is a kind of promotion to draw attention to the project, and therefore further positive pricing.
I also note that in the application you can set almost any native language, there is a chat in Russian, where you can find a lot of useful information.
