Royal_Wicks
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Pi Network Announces Conclusion of Mobile Mining
Pi Network has officially announced the cessation of its mobile mining feature, marking a significant transition in its development. The "Grace Period," which allowed Pioneers additional time to complete Know Your Customer (KYC) verification and migrate their balances to the Mainnet, concluded on March 14, 2025, at 8:00 AM UTC. This deadline, coinciding with the network's sixth anniversary, was the final opportunity for users to verify and transfer their mined Pi to the Mainnet.
The Grace Period was initially established to ensure inclusivity and maximum participation within the Pi Network ecosystem. It provided Pioneers with a six-month window to complete necessary verifications and migrations. Despite multiple extensions aimed at accommodating as many users as possible, the Core Team emphasized that the March 14 deadline was final. Failure to complete the required steps by this date resulted in the forfeiture of most unverified mobile balances, with only Pi mined in the six months preceding migration being retained.
The termination of mobile mining aligns with Pi Network's broader strategy to transition fully to the Mainnet and enhance the utility of the Pi cryptocurrency. With the Open Network phase initiated on February 20, 2025, Pi Network has shifted focus towards expanding its ecosystem, integrating with external platforms, and fostering real-world applications for Pi.
Pioneers who have completed the KYC process and migrated to the Mainnet can now engage in transactions, trade Pi, and participate in the growing Pi Network ecosystem. The Core Team continues to encourage active involvement and collaboration to drive the network's success in this new phase.
For ongoing updates and information, users are advised to refer to Pi Network's official communications channels.
Pi Network has officially announced the cessation of its mobile mining feature, marking a significant transition in its development. The "Grace Period," which allowed Pioneers additional time to complete Know Your Customer (KYC) verification and migrate their balances to the Mainnet, concluded on March 14, 2025, at 8:00 AM UTC. This deadline, coinciding with the network's sixth anniversary, was the final opportunity for users to verify and transfer their mined Pi to the Mainnet.
The Grace Period was initially established to ensure inclusivity and maximum participation within the Pi Network ecosystem. It provided Pioneers with a six-month window to complete necessary verifications and migrations. Despite multiple extensions aimed at accommodating as many users as possible, the Core Team emphasized that the March 14 deadline was final. Failure to complete the required steps by this date resulted in the forfeiture of most unverified mobile balances, with only Pi mined in the six months preceding migration being retained.
The termination of mobile mining aligns with Pi Network's broader strategy to transition fully to the Mainnet and enhance the utility of the Pi cryptocurrency. With the Open Network phase initiated on February 20, 2025, Pi Network has shifted focus towards expanding its ecosystem, integrating with external platforms, and fostering real-world applications for Pi.
Pioneers who have completed the KYC process and migrated to the Mainnet can now engage in transactions, trade Pi, and participate in the growing Pi Network ecosystem. The Core Team continues to encourage active involvement and collaboration to drive the network's success in this new phase.
For ongoing updates and information, users are advised to refer to Pi Network's official communications channels.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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