Is Pi mining networks real?

[FiveG]

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

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[KiaKia]

Move this to altcoin mining section, it doesn't belong here.

[miner29]

Pi Network is a social cryptocurrency and developer platform that.
1• allows mobile users to mine Pi coins without draining battery or harming the environment.
2• fosters the world's most accessible and ubiquitous apps platform where developers can offer users real life utilities and products in exchange for Pi coins. With its 35+ million engaged user base and novel mining mechanism that allows anyone to mine Pi straight from their smartphones, Pi Network strives to bring real power back to the masses. Pi's blockchain secures not only transactions via a mobile meritocracy system but also a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.

Pi network is real with a market cap of $1,120,344,681,920 and price of $25.33 on the coinmarket cap.

https://coinmarketcap.com/currencies/pinetwork/

Read the disclaimer about this market not being open / active.  Note the market value is $0.

[Andrija Branislav]

I am also confused for this project. There are quite a number of users, but there is no specific sign when it will be launched and the KYC verification process is also quite long. I also entered to mine but for now I will stop pit first and until now I haven't had kyc either, okay. I'm confused as to why it's like that.

[cryptoaddictchie]

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

Since its been used for p2p on some countries even in my country. Its safe to say that it has traction and been trending for a while but think about their process, is it really a mining or a blockchain project without actualyl doing its description? Maybe the term social mining is for social task but that isnt a blockchain deed but a social interaction. So technically it isnt right? Anyway we will see how the hype of Pi mining would come or not. Im gonna be shocked to know that this will not launch, see dozens of people whom expecting it will definitely cry.

[dunfida]

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

Since its been used for p2p on some countries even in my country. Its safe to say that it has traction and been trending for a while but think about their process, is it really a mining or a blockchain project without actualyl doing its description? Maybe the term social mining is for social task but that isnt a blockchain deed but a social interaction. So technically it isnt right? Anyway we will see how the hype of Pi mining would come or not. Im gonna be shocked to know that this will not launch, see dozens of people whom expecting it will definitely cry.

If you are really that a member of some crypto groups specially on Facebook, then you would definitely be seeing up those people who had really be that anticipating that PI network does really have that kind of value but actually there are people who had been saying that this doesnt even have that actual blockchain, then why it would be something that would really be getting some value? This had been already a long time and
i've read up that there's some promises that had been made but until now it wasnt really be able to happen.

Is it a legit or fake?
https://indodax.com/academy/en/what-is-pi-network/

Mining in mobile nowadays is really that a pretty common. There is also that Avive mining and Omega but it seems that all of them are just waste of time.

[cryptoaddictchie]

why it would be something that would really be getting some value? This had been already a long time and
i've read up that there's some promises that had been made but until now it wasnt really be able to happen.

Im talking about that it can be exchange through appliances, gadget, or even fiat money. Cause here in our country they are accepting Pi Mining as form of payment in their stores. Or someone buying it with real fiat money thats why Ive said it has value. But if you are talking about exchanges, Im not sure if theres one that is listed on it since its not have a blockchain yet.

[judeafante]

Pi network is real with a market cap of $1,120,344,681,920 and price of $25.33 on the coinmarket cap.

https://coinmarketcap.com/currencies/pinetwork

There is a disclaimer here it's a fake listing because the developers should be the ones listing this token I have no report of someone mining it and already sold their shares this is a fake Pi token and people should be aware of it or they will lose money

Is Pi Coin available for sale?
Pi Network is aware of reports that several unauthorized third party exchanges, and potential unknown third parties, are seeking to list Pi or tokens purporting to be Pi, or some purported derivative of Pi, without the consent, authority or involvement of Pi Network.

Pi is currently in the Enclosed Network period of Mainnet and is not approved by Pi Network for listing on any exchange or for trading, and Pi Network is not involved with any purported postings or listings.

[Magic-Money]

I'm confused about pi network project start from day one I had about pi network mining with mobile app and get rewards, which i didn't participate, congrats to people that participate, when it official list and also started transfer of token, I can buy little and hold.

[poodle63]

I'm confused about pi network project start from day one I had about pi network mining with mobile app and get rewards, which i didn't participate, congrats to people that participate, when it official list and also started transfer of token, I can buy little and hold.

The only stupid people who are counting on this shit scam coin. Pi has been talked so many times here and it's just another crap coin that full with brainless people who wanna be millioaire without doing nothing.
Mining pi coin is wasting your money caused by it will be destroying your phone and ruined your electricity. it's listed but it's unofficial. that means token never officially listed by team.

[hugeblack]

It's a SCAAMMMM. The first time I heard about this scam project was several years ago, and now there is no news about the project or development. It's all marketing gimmicks and promises that you'll get rich when you buy, which is a typical definition of a Ponzi project. I would advise anyone not to attempt to download or use any service related to that project or attempt to promote it, you are trying to promote fraud and your friend or community will hurt you when they lose their money.

also, when you try to download this application, they collect and sell your data in order to continue their promotional campaign for this scam.

[o48o]

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

You are right to be suspicious ror anything "free" especially when it's announced in advance. That's a guarantee of it getting botted and worthless to individuals.

But the whole concept was pointless to begin with. Only gimmick with it was that it's going to be mineable by phone, and even if that would work, who cares. That wasn't a problem anyone needed solution for. Their token that's trading in some of the most shadiest places seem to have paid volume only. Which i thought would be thing of the past, but i guess this is coin design from the past too.

Say far away. Even with airdrops and mining you are losing time and most likely compromising your phone as well.

[Minhxx]

If PI is sold, then we have to look at them differently =))

[passwordnow]

Pi mining network is listed on different trading platforms that is trusted coins coming out soon

You sure that it's on different platforms? I doubt.

China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant.

Don't generalize that it's China that's willing to buy it. Those Chinese people are just hyping you to think that there's really some value on this coin but in reality, there's none.

Do you think is real or is going to be launched soon?

Never, check this out below;

Please note that mainnet has not launched yet and the price displayed below for certain exchanges reflect the value of the IOUs and it may not be transferable across exchanges.

[Apocollapse]

Pi network is just an another shitcoin where they claim you can mine your own Pi coin through your phone, it's pretty simple just download their apps and click to mine, that's it. Many people think it's real because the number is always increase when you leave it, but for people who're know how crypto work and how to mine it, they would stay against this shitcoin.

[Doan9269]

Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?

All project that has to do with cloud mining is not good enough to be trusted because they ar still on the developmental stage, I've also been hearing about pi network a while ago and nothing has come forth through them than just consistent awareness that people should continue the mine, who knows what may come out of it, but as of now there's nothing to show with those into it, it's hust an imaginary expectations they have been working on, it may turn real and may not, just know you're taking the risk of either means.

[masulum]

It's a SCAAMMMM. The first time I heard about this scam project was several years ago, and now there is no news about the project or development. It's all marketing gimmicks and promises that you'll get rich when you buy, which is a typical definition of a Ponzi project. I would advise anyone not to attempt to download or use any service related to that project or attempt to promote it, you are trying to promote fraud and your friend or community will hurt you when they lose their money.

also, when you try to download this application, they collect and sell your data in order to continue their promotional campaign for this scam.

That's right, I found PI-Network in 2018, I also tried to trace back whether I was wrong or not. And I found github explorer for PI Network, and the first commit existed since 6 years ago. I hear form several group member in Indonesia that i joined, Here Pi-Network doing seminar few times, unfortunately I did not save the documentation from group member, one think made me don't believe about this project is, most of those who participated ini seminar look like is not understand crypto. For example, this one:

Source: https://www.beritabulukumba.com/nasional/3877843048/begini-keseruan-kopdar-pi-network-di-indonesia-siap-siap-cairkan-pi-coin

look at the people who attended the Pi-Network community meeting, it seems they are not people who understand crypto right, I'm pretty sure they are join this community because of tempted by the promise of profit and make them rich sooner. Indonesian old lady interested in crypto,  lol,

[cryptoaddictchie]

look at the people who attended the Pi-Network community meeting, it seems they are not people who understand crypto right, I'm pretty sure they are join this community because of tempted by the promise of profit and make them rich sooner. Indonesian old lady interested in crypto,  lol,

I dont know cant judge them by their looks. But obviously this Pi Network works like a ponzi its like the lyka gems that surround before and now its gone. Many scrutinize that project due to a lot of factors. Worse is Pi is being inclined as a blockchain project which clearly it isnt. Its like a centralized platform for using Pi but not really involve blockchain tech. So be careful to a lot of coomunity there, dont wanna fall on this.

[yazher]

I am also confused for this project. There are quite a number of users, but there is no specific sign when it will be launched and the KYC verification process is also quite long. I also entered to mine but for now I will stop pit first and until now I haven't had kyc either, okay. I'm confused as to why it's like that.

There has been a lot of hype about this coin in the last year but this time they are not making any progress yet since their coin has no value in the market and it has no liquidity to show us that they are even real. It's easy to conclude if the coin is real and legit in the meantime because all they need to do is to have their own exchanges to trade their coin freely there and also to have it listed on some known exchanges nowadays. with that, we can say that they're really legit and working towards a new future because when you read their posts regarding this Pi coin, you only get some hype and we all know none of that matters unless we can trade the coin freely.

[raidarksword]

Pi Network is a social cryptocurrency and developer platform that.
1• allows mobile users to mine Pi coins without draining battery or harming the environment.
2• fosters the world's most accessible and ubiquitous apps platform where developers can offer users real life utilities and products in exchange for Pi coins. With its 35+ million engaged user base and novel mining mechanism that allows anyone to mine Pi straight from their smartphones, Pi Network strives to bring real power back to the masses. Pi's blockchain secures not only transactions via a mobile meritocracy system but also a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.

Pi network is real with a market cap of $1,120,344,681,920 and price of $25.33 on the coinmarket cap.

https://coinmarketcap.com/currencies/pinetwork/

The price is only an IOU which means it is not the actual price of Pi network and hence mainnet is not yet deployed no one knows what will be the value of it. Though I am still mining in the app daily and hoping it will have a big impact towards the mainnet deployment soon. I don't have problem of it hence devs are active and for me it has a massive community that backs it up and it will create a great hype upon the launch.