Pi Network – Did You Follow My Advice? You might be sitting on $100k or more!

The Pi Network: A Revolutionary Approach to Cryptocurrency

A few years ago, I wrote a post about the potential of the Pi Network, urging readers to join the project early. If you followed my advice back then, and if you have been mining regularly with your phone app, you might now be sitting on a stash of Pi worth $100,000 or more, depending on the market rates and the frequency you mined with your phone app!

If you missed that post, don’t worry—today, we’ll revisit Pi Network, discuss its benefits and downsides, and see why it’s generating so much buzz.

Currently, Pi is listed on several exchanges, including BitMart, HTX Global (formerly Huobi), and CoinW, with trading pairs like PI/USDT available.

As of January 2025, Pi Network’s cryptocurrency, Pi (PI), has been traded as follows:

1. BitMart: PI is traded against USDT (Tether) on BitMart, with a 24-hour trading volume of approximately $201,560 and a price around $44.95 per PI.
2. HTX Global (formerly Huobi): PI/USDT pair is available here, with a 24-hour trading volume of about $112,118 and a price around $41.42 per PI.
3. CoinW: Offers PI/USDT trading, with a 24-hour volume of approximately $4,226 and a price around $40.56 per PI

Despite these listings, the Pi Core Team has not officially authorized any trading, emphasizing that these listings are unofficial and outside their control. However, money is being exchanged, and the unofficial prices range between $40 and $50 per Pi token, depending on the exchange.

We shall see what the price will be once Pi is officially listed and its mainnet fully opens. The good news is, if you have mined like I have, you might be sitting on some considerable wealth in the tens or hundreds of thousands of dollars!

If you haven’t started mining yet, but want to start, you can join with my invitation code: FunkyPilot

You need to use an invitation code as it is part of the security/community system so real people get verified. 

To mine Pi, you need to download Pi Network app from Google Play or Apple App Store.

Then, you need to insert and invitation code in order to get an account. You can use my code: FunkyPilot

What is the Pi Network?

The Pi Network is a cryptocurrency project that aims to make blockchain technology and mining accessible to everyone. Unlike Bitcoin or Ethereum, which require energy-intensive hardware for mining, Pi allows users to mine coins directly on their smartphones. Launched in 2019 by a team of Stanford graduates, Pi Network has attracted millions of users worldwide.

The project operates on a consensus algorithm called the Stellar Consensus Protocol (SCP), which is far more energy-efficient than traditional proof-of-work systems. While the Pi Network is still in its development phase, with its mainnet yet to be fully open, it’s already making waves.

Benefits of the Pi Network

1. Accessible and Inclusive Mining
   • Mining Pi is as simple as downloading an app and tapping a button daily. There’s no need for expensive hardware or advanced technical knowledge, making it accessible to anyone with a smartphone.
2. Energy Efficiency
   • Unlike Bitcoin mining, which consumes enormous amounts of electricity, Pi’s mobile mining process uses minimal energy, aligning with global sustainability goals.
3. Community-Driven Model
   • Pi Network emphasizes creating a trusted network of users through a referral and validation system. This builds a strong community of engaged participants.
4. No Upfront Financial Investment
   • Mining Pi is free. Users don’t have to buy expensive hardware or invest money to get started, reducing financial risk.
5. Potential for Real-World Use
   • The Pi team is developing an ecosystem where users can trade goods and services using Pi. This could create a self-sustaining economy within the network.
6. Early Adoption Advantage
   • Joining early increases your mining rate, allowing you to accumulate more Pi before the network reaches mass adoption and the mining rate decreases further.

Downsides of the Pi Network

1. Uncertain Value
   • While some exchanges have listed Pi unofficially, the Pi Core Team has not authorized trading, and its real market value remains speculative. The current value is not indicative of its long-term potential.
2. Enclosed Mainnet Phase
   • Pi is still in its enclosed mainnet phase, meaning users cannot officially trade or withdraw their coins. The project’s success depends on reaching the open mainnet phase and gaining adoption.
3. No Public Blockchain Yet
   • Pi’s blockchain is not fully transparent, raising questions about decentralization and long-term viability.
4. Potential Security Concerns
   • As a mobile-based system, Pi relies on users’ trust and participation. While the app is secure, user negligence could lead to account vulnerabilities.
5. Limited Ecosystem (For Now)
   • While the vision for Pi’s ecosystem is promising, it’s still in its infancy. The success of its marketplace and usability remains to be seen.

Is the Pi Network Worth Your Time?

If you’re looking for an easy, low-risk entry point into cryptocurrency, the Pi Network is worth considering. Mining Pi costs nothing but a few seconds of your time each day, and its potential upside could be significant if the project succeeds. However, like any investment, it’s important to manage expectations and understand the risks involved.

While Pi has its downsides, its innovative approach to crypto mining and its strong community suggest that it could carve out a unique place in the blockchain world. If you missed out on Bitcoin in 2009, this might be your chance to get in on the ground floor of something big.

Conclusion

The Pi Network is more than just another cryptocurrency—it’s a movement aimed at democratizing access to blockchain technology. Whether you’re a seasoned crypto enthusiast or just curious about the space, Pi offers an opportunity to participate with minimal risk. If you haven’t joined yet, consider giving it a try. And who knows? A few years from now, or earlier, you might be thanking yourself for starting today.

On a personal note, I haven’t been mining Pi every single day since I wrote my first post about it, but I’ve kept up with it fairly regularly. In the early days, the mining rate was significantly faster, but over time, the rate has been halved at specific intervals to maintain scarcity. These days, before starting your mining session, you’ll need to watch a short 15-second ad, which adds up to about 30 seconds of effort daily. For me, this isn’t an issue—I can easily do it while multitasking—but I understand that some people might find even one ad inconvenient. Personally, I don’t mind if the app developers earn a bit of ad revenue; after all, they’re the ones working hard to bring the project to life.

Remember, fortune favors the bold—but always proceed with caution and do your own research before diving in. Happy mining!

AGAIN:

If you haven’t started mining yet but want to start, you can join with my invitation code: FunkyPilot

You need to use an invitation code as it is part of the security/community system, so real people get verified.

To mine Pi, you need to download Pi Network app from Google Play or Apple App Store.

To learn more about the Pi, check out my post from 2021: Pi Network – New Cryptocurrency You Can Mine On Your Phone – FunkyPilot

CHECK OUT FUNKYPILOT SHORTS AT funkypilotacademy.com