Pi Network Review: Legit or a Scam? (Full Truth Related)
Pi Network is a platform that claims you can mine cryptocurrency without investing money to build a mining rig. All you need is your phone.
Of course, this seems like a very interesting premise, so consider joining this platform.
But is the Pi Network legal and a way to really make a lot of money, or is it a scam to avoid?
I tested it myself and can quickly see that it definitely has its pros and cons.
This Pi Network preview gives you an inside look and shows you what to expect, so you can easily see if it’s the right choice for you.
What is the Pi Network and what does it offer?
Basically, the Pi network is a mining application that allows you to mine certain cryptocurrencies without building a mining rig. I looked into a similar platform called Time Stope.
This platform was developed by Stanford University alumni.
The Pi Network is a growing project, not a scam.
But be patient and join us now. A great opportunity may arise later.
To fully understand how the Pi network works, we need to take a closer look at the revenue opportunities it offers. Find out how fast you can mine cryptocurrency from this platform.
Option 1 – Extraction
As promised, mining on the Pi Network is a breeze.
Once connected, all you have to do is press the button with the energy logo. Then you can close the app and do something else. only that. That’s all you need to do each day.
It is not necessary to leave the device open. It also doesn’t affect your device’s performance, drain your battery, or drain your network data. After clicking the mining button, the app will continue to mine for 24 hours.
This role helps to mine more Pi. Becoming a member of the platform starts as a pioneer. This is the basic role of the Pi miner. You can also become a collaborator or an ambassador. You can take on as many roles as you want, as long as you meet the requirements.
If you want to maximize your mining capacity, you should take on as many roles as possible.
To become a contributor, you must complete three mining sessions. This means that you have to press the mining button for at least 3 days.
Next, you need to add 3-5 trusted users to your circle. Once done, you will become a contributor and your mining rate will increase.
Option 2 – Ambassador Program
Their ambassador program is similar to the referral program found on most Get-Paid-To (GPT) sites and survey sites.
But for the Pi Network, the benefit of being a platform ambassador is the increase in Pi mining rates, specifically the 25% increase. So how do you become an ambassador?
Share your ambassador code with anyone who wants to join the platform. As of this writing, the Code for Ambassadors is very important. Because you can’t join a network without it (I’ll share it later so you can join if you want). You can get the invite code from your account settings.
If the person you invite enters the ambassador code during registration, they will become the referrer and you will become the ambassador. You and your godfather will increase your Pi mining rate by 25%.
For example, if you have 3 referrals, you will receive a mining bonus of 75%. To calculate increments, we need to refer to a baseline of 0.1 Pi per hour. The final mining rate is 0.16 Pi (3 x 25% x 0.1) per hour.
How do I pay?
As mentioned above, it is not yet possible to withdraw winnings from the Pi network. As of this writing, their Pi cryptocurrency has no monetary value. But come to think of it, Bitcoin is currently in the same boat as Pie.
Therefore, it has the potential for longevity and durability. If it works, you can make a lot of money if you are an early adopter of their platform.
However, as of the date of this updated review, the core net is still a closed network, allowing all members to verify their identity and contribute to current revenue.
Pi has now launched the first version of its mainnet. This is definitely a big step up and will get you closer to where you can get your Pi or use it for something.
At the time of this updated review, corenet is still a closed network, allowing all members to verify their identity and provide revenue to corenet.
Once done, the open network will be active and hopefully you can start using your Pi and even take it to a cryptocurrency exchange.
Can I use it on my desktop?
The Pi network is a mobile-only platform. Therefore, you need to use a mobile device to start mining.
However, they are also working on IT options, so pay close attention.
Their apps can be downloaded from the Android and iOS app stores. So compatibility shouldn’t be a big issue.
As for the app, it’s very intuitive. You should have no trouble getting used to how it works. The great thing about their app is that you don’t have to do anything special for me. Just press the button once a day and you’re good to go.
And, as I said before, their app doesn’t require a lot of resources on your device, so it’s a safe app to install on your device.
Who can join the Pi network?
The Pi network is available worldwide. So you can join their platform wherever you are. Joining a Pi network is very simple. Just install the app on your device.
Then open the app and it will ask you to register. You can register using your mobile number or Facebook account. Next, you will be asked for an invitation code as shown in the image above. There is no other way. If you want to join their platform, you need an invitation code.
The invite code is PFSpi. Simply fill out the registration form and then log in.
After entering all the required information, you can enter the application and start earning. Please note that all information provided must match your identity. In fact, once the Pi network becomes profitable, you will have to submit documents that match the identifier you provided during registration.
Can I get help?
If you have any questions about the app or platform, please visit our FAQ page first. Explain the basics of the application. If you can’t find what you’re looking for, you can contact our support team in our chat room.
Yes, the Pi network app has chat rooms you can join. Just click on the Chat option in the top right corner and select the appropriate channel to join.
Their app and website don’t have a contact form, so you’ll have to use the “chat” feature to contact their support team.
Overall, I think they offer a decent support system for their members as they can use the chat room for real time assistance.
Pi Network is the official mining app that lets you mine cryptocurrencies without consuming a lot of resources. Of course there are advantages, but there are also limitations to note.