Pi the decentralised blockchain network Part-2.
Hello steemians
This is my second post about pi network where you can try to understand how pi token to be earned, its basically now focus on referral. It announced that after 100M user or pioneer then mine rate will be dropped in zero.
This screen shot gives you a idea about it, the more referral the more you earn, also adding member into your security cirle too.
Most important thing is Pi planning to go into phase three into the upcoming year end 2021, so it could be worth something to go into phase 3 until late 2022. They are try to lauch their pi wallet which is in test run, after completing it will be finally launched. Many of crypto expert assumed it a pyramid system as a referral is required indeed.
Thee mining rate for Pi is currently mine at 0.1 Pi per hour. It had referral programs where you can earn more Pi per hour.
In Pi, you can earn two ways. The first is adding people to your security circle which can get you a 0.02 Pi bonus for that per person.
On the other hand is your earning team-
You get the number of people you referred X 25% X 0.1 Pi plus 0.08. So if you had 10 members. You would get a 0.45 Pi per hour bonus.
Last three update messages from pi server
"Pi has over 17M engaged Pioneers! Mine at a higher rate while you can. Mining Pi gets harder as the network grows in order to reward earlier contributors and make Pi more scarce. Don’t miss out!"
We released a new version of the Pi Desktop software that reduces disk space requirements. Access Pi on your computer and help decentralize the network. Download it on your computer from node.minepi.com
The Pi Core Team now has an official Telegram announcements channel, as an additional platform for news & updates! There are no official Pi Telegram chatrooms; use the Pi chats in here for discussions. The link is on the home screen of Pi today.
Hope you enjoy this pi earning.