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Mining PI Coin
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[QUOTE="Tobbexy, post: 197548, member: 63006"] Pi is a new cryptocurrency for and by everyday people that you can “mine” (or earn) from your phone. You are earning free Pi while this App is being developed and launched the mainnet.. To start earning Pi, check in every 24 hours and hit the lightning button on home page of Pi Network app. Verify your account: Make sure you have 1 verified, either with phone number or Facebook. This allows you to recover account login if you lose it, and move your account to another device if necesarry. Earning team: Invite others to join Pi with link/invite code in your profile. They will be added to your earning team and your mining rate will increase when they are active. Security circle: After 3 days of mining, you can start building your security circle. This contributes to the overall security of the network and will increase your earning rate. Only add Pi users you know and trust to your circle: They may help you recover login to your Pi wallet if you lose it. Node: If you want to run a node on your computer always use official site of Pi and don't forget to read info about it. Value: At the moment Pi is in phase 2 of the project: Blockchain testing, and Pi has no monetary value yet, you can't use it or trade it yet. The aim is to launch Phase 3 (mainnet blockchain) at the end of 2021. You will then be able to use Pi by purchasing goods and services on Pi’s marketplace or exchange Pi for fiat currency if it gets listed into international trading platforms. Pi Wallet: You can setup your Pi wallet to test it. At the moment your wallet holds only Test-Pi, it is NOT the real π you mined in the app. You find your Pi wallet in Pi Browser app. KYC: In mainnet if you passed KYC your earned Pi will transfer to your Pi wallet and you can act freely with it. KYC (Know Your Customer) is a process to verify your identity and to avoid fake and double accounts. You will be notified in the Pi app if you can do KYC, all Pioneers will get the chance. Pi policy is 1 person = 1 account = 1 device = 1 node. With multiple accounts you will fail KYC and loose your Pi. Tip! Make sure your account name matches your government issued ID, you will need it to KYC when you are invited. New Pioneers have a 14 days countdown to review and correct name: you'll find 'Review Name' option on bottom of home screen. If the 14 days expired - minor errors can be appealed in your Profile.. [/QUOTE]
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