#CryptoCPIWatch

pi is pumping bro

Pi Network is a cryptocurrency project that aims to make cryptocurrency mining accessible to everyone. Unlike traditional cryptocurrencies like Bitcoin, which require expensive hardware and significant energy consumption for mining, Pi Network allows users to mine Pi coins directly from their smartphones with minimal battery drain.

**Key aspects of Pi Coin and Pi Network:**

* **Mobile-First Mining:** Users can mine Pi coins by simply opening the Pi Network app once every 24 hours and tapping a button. The app does not need to be kept open, and it reportedly does not significantly drain the phone's battery.

* **Proof-of-Engagement:** Pi mining relies on user activity and engagement. Users need to actively show they are real humans by tapping the mining button daily, which helps prevent bots and fake accounts from mining.

* **Security Circles:** Instead of the Proof-of-Work system used by many cryptocurrencies, Pi Network uses "Security Circles." Users can add trusted individuals to their security circle, building a web of trust that secures the network and validates transactions.

* **Roles in the Network:** Pi Network has different roles for its users:

* **Pioneer:** Basic users who mine Pi by tapping the button daily.

* **Contributor:** Pioneers who build security circles by adding trusted members.

* **Ambassador:** Users who invite new members to the Pi Network, earning bonus Pi for their referrals.

* **Node:** Users with more technical knowledge can run Pi node software on their computers, contributing to the network's decentralization and potentially increasing their mining rate.

* **Mining Rate Halving:** Like some other cryptocurrencies, Pi's mining rate has decreased over time as the network's user base has grown. This is intended to create scarcity. The initial mining rate was higher and has gradually reduced. As of early May 2025, the base mining rate is approximately 0.0030 Pi per hour.

* **KYC Verification:** Before users can transfer or use their Pi coins, they need to pass a "Know