Join me on Pi Network - Mine crypto for free from your phone !

in #hive-1679222 months ago (edited)

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It's been quite a while since I am using an interesting little app that mines a crypto (called Pi Network) using your phone device. Pi is developed by a bunch of guys from Standford university which is its main selling point.

The app is quite hassle free and all you need to do is open it once a day and click the thunder icon.

The app is out for quit a while now, so I think it's safe to install, but maybe you want to install it on a dummy device as an extra precaution. Here's my ref if you want to give it a try:

https://minepi.com/papadimos

After the installation, when asked for who invited you, insert "papadimos". Sometimes it won't work the first time but it will work the second.

In case you wonder, the app doesn't actually mine anything. It mostly counts points or something, depending on how many people you have referred. So don't worry about your phone overheating or your battery running dry too soon. You will barely notice it running!

Also Pi is not on any exchanges yet but there have been plenty of updates in the past months so hopefully it will be soon? Maybe.. Who knows. Last time I checked though there were approximately 1 million devices running the app so maybe these coins might worth something in the future. I think it deserves a try and if you do install it make sure to spam your friends and family with your referral link. You will "mine" more coins if you do!

Feel free to visit https://minepi.com/ in case this post piqued your interest and you want to learn more about Pi Network! Or just watch the video below:

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I did have the app before, but uninstalled it because it had no use xD

So it's kind of the same thing as electroneum? Only that was made by a master marketer, not a bunch of scientists.

same thoughts

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Kinda like electroneum yeah?

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Kind of... Tried them both. It's simply not worth the battery drainage in my opinion.

I am mining since cryptomaniac told me , i see you ve got 18 peeps on your account and 0.98 is pretty good , i Have about 5k and yes hoping it will be a good source , do you mine Pynk ? I can give you my referral

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Yes please! I'll check it out!

Interesting. So you download it and what does the app do?

Is it mining in the background or something

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It's just virtually "mining" for now. From the pi faq :

Do I need to leave the app open to mine? Does the app drain my battery or data?
You do not need to leave the app open to mine. Pi does not affect your phone’s performance, drain your battery, or use your network data. Once you hit the lightning button, you can even close the app and you will continue to mine Pi. Read less ...

So how can you mine a cryptocurrency without draining your battery or data? Instead of burning energy as proof of work cryptocurrencies like Bitcoin do, Pi secures its ledger when members vouch for each other as trustworthy. This forms a network of interlocking “security circles” that determines who can execute transactions. This novel approach allows crypto mining on your phone by leveraging your existing social connections, with no financial cost, no battery drain and a light footprint on the planet. Read the technical section in our White paper for more accurate and detailed explanation.

You're always on the hunt. Would research more. Thanks for sharing.

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Awesome! The official website has everything you need to know!