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Money Land Forum / Money Room / Mine Pi Coin: One newly released digital coin (invest your time and make Money) (1 Post | 392 Views)
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Mine Pi Coin: One newly released digital coin (invest your time and make Money) by FaithHQ(m) : 4:48 pm On Jun 19, 2020 |
Let take a glance description of what cryptocurrency really are!
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrency is also called virtual money. Types of cryptocurrencies • Bitcoin • Ethereum • Litecoin • Tether. Etc. As you can see from the first type of cryptocurrencies, Bitcoin Bitcoin is known as the father of cryptocurrency, why? First cryptocurrency to exist Most traded cryptocurrency Most known cryptocurrency Most expensive cryptocurrency You can see these qualities makes bitcoin the father of all cryptocurrencies Also, the second most known and most traded and most expensive is Ethereum coin The third is XRP coin. In a simple definition, Cryptocurrencies are digital money. What is money? Money is anything accepted as a means of exchange. What I am about to promote, I will firmly say it is a get rich quick scheme and not a get rich quick scheme. Why? Less effort is applied to make the money Computer automatically works to increase your pi crypto. It is Simple In other words, It is not a get rich quick scheme. why? When the pi cryptocurrency is finally launched in Market, it will come at a small price rate. I mean the coin price will be small. But don't worry. It will increase someday. Wise investors make their millions from this. The best is yet to come Let's dig in into pi crypto mining What is mining itself? The act of extracting resources from a core. Cryptocurrency Mining is a system in which transactions between users are verified and added into a blockchain ledger. Now, I can tell you mining pi coin Now is as easy as possible Why? Pi coin is not yet part or engrafted into the decentralized blockchain because it is a newly launched crypto. Before it could be part of the decentralized system, there must be Human users active on the pi coin mining Currently there are less than 100 million active miners, once it reaches 100 million users, the pi coin mining rate will be halved, reducing its rate to 0.1pi/hr. As at now, 0.2pi/hr. is the mining rate for mining pi crypto. When it reaches 1B users, the mining rate decreases to nothing (0). After it, easy mining of pi coin is a past experience. Pi coin must undergo three phases before it could join the block chain ledger. Phase 1: It was established in 3/14/2019 Phase 2: There must be active mining users (human users). Pi coin is mined through the proof of consensus ( as explained earlier) Phase 3: Qualified to be launched as a currency. (cryptocurrency) After it has undergone the first two phases, it will be launched as part of cryptocurrencies. It is a crypto and not yet a cryptocurrency. You and others mining the coin, helps to support the coin, the community owner of the coin so that it could be part of the blockchain ledger. How do I mine? Do download the app through the link from the Play Store . Open the downloaded app Fill the form Enter the invitation code It will bring you to a tour system- master the app through the tour system. You will always mine when you click the mining button at an interval 24 hrs, if you don’t click the mining thunder button at the right time after 24hrs interval, you won’t be able to continue mining. Thus, you can click the mining button anytime you want to Mine. After the pi system passes phase 3, your coins turns into money (at a small price) Imagine you have one pi coin to be 1 USD and you have up to 200,000 pi coins in your wallet, how much will it be? 68 million Naira at 340NGN Believe, you won't want to miss out of this opportunity. And I know crypto enthusiast will know and believe me more on this. Pi is a new digital currency developed by Stanford PhDs, with over 3.5 million members worldwide. The current value of pi is $0.4082 per one which is ₦156.7489 per one pi as of today . Pi is aiming at $1 per one soon. So if you have mined 2000 pi. Do the calculation To claim your Pi, follow this link https://minepi.com/FaithH1 and use (FaithH1) as your invitation code. PL note this: Verify your phone number and your Facebook account to claim your Pi before the coin is launched and this happens when you become a contributor (Check your profile). WhatsApp me on this link for more details https://api.whatsapp.com/send?phone=2348064891411&text=I%20want%20to%20chat%20with%20you%20about%20Pi%20cryptocurrency%20mining.%20My%20name%20is%20 |
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