you haven't considered that you can easily buy Pi on exchanges. buying Pi today completely nullifies the mining difficulty for those who haven't started mining since 2019.
Evillo
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People who complain that #pi supply is too high .. let me give you a mathematical fact:
After all coins unlocked, there will be over 80 BILLION coins not mined yet .. too many ha?
well, the devil is in the details .. coz in order to mine those we need to keep mining for decades .. Yep! DECADES .. base mining rate right now is 0.0029 pi per HOUR!
So if you're not an early Pioneer that invited some friends, you will feel the scarcity and how hard it is to mine just 1 pi
if you're an early pioneer with more than 4 friends in your security circle, then congratulations, you are as lucky as a bitcoin miner that has a big mining farm!
back to the math..
if pi reaches 10+ usdt per piece, then actual market cap should be 100+ billion usd .. if it reaches 50+ usdt, then it's up to 500+ billion usd .. and so on
bear this in mind next time you mention total supply .. because you will never see total supply fully issued in your lifetime .. and the more halving events, the more harder it is to mine pi
at the time of this post, all in all, the existing supply is a little over 7 billion coins (mined when things were easy and the mining rate was at its highest)
I have been mining Pi through their application since 2019. I strongly believe in it. For those who have not yet signed up and want to start with a boost in mining speed, enter the invitation code: elenio24