Pi Network is a blockchain project that allows you to mine Pi cryptocurrency on your mobile phone without draining your battery. Launched in 2019 by Stanford graduates, it aims to make cryptocurrency accessible to everyone.
Unlike traditional cryptocurrencies like Bitcoin, Pi uses an energy-efficient consensus algorithm, enabling you to mine crypto by contributing to the network's security and growth. You can start mining by downloading the Pi Network app and tapping the lightning button every 24 hours.
As you engage with the app and invite others, your mining rate can increase. Pi Network envisions building a peer-to-peer ecosystem where you can use Pi to exchange goods and services within its community.