Pi Network Coin (PI) is the native cryptocurrency of the Pi Network, a social blockchain project designed to make crypto mining accessible to everyone via a smartphone. Launched in 2019 by a team of Stanford graduates, Pi Network aims to solve the high barrier to entry and environmental impact associated with traditional mining (like Bitcoin).
Unlike traditional "Proof-of-Work" mining, Pi uses theStellar Consensus Protocol (SCP). This allows users to earn coins by simply "checking in" on a mobile app every 24 hours, proving they are a real human and contributing to the network's security through a "trust graph."
Key Features of Pi Network
- Mobile-First Mining: No expensive hardware or high electricity bills. You can mine Pi directly from your phone without draining its battery.
- Security Circles: Users build "Security Circles" by vouching for 3–5 trusted members, which helps the network verify transactions.
- Massive Community: As of 2026, Pi has one of the largest active user bases (referred to as Pioneers) in the crypto space.
- Eco-Friendly: By replacing computational puzzles with social consensus, Pi has a negligible carbon footprint.
How Does Pi Mining Work?
Mining Pi is not about "solving math"; it's about "verifying identity." The network rewards you for four specific roles:
1. Pioneer: A basic user who opens the app daily to confirm they aren't a bot.
2. Contributor: A user who secures the network by creating a Security Circle.
3. Ambassador: A user who grows the network by referring new members.
4. Node Operator: Advanced users who run the Pi software on their computers to support the blockchain's core infrastructure.