[jagathks]

Hey guys,

Since some of you are asking for "How can i earn money", i am thinking of sharing this cryptocurrency with you all...



"Pi Network" a new cryptocurrency which is developed by few Stanford Members.
*Note: This is still in early stage, as of now it is not even worth a penny...

The interesting part of Pi Network is that you can start mining with your phone, you don't need any special equipment's like ASIC's or GPU's. All you need is your phone.

Like Bitcoin, early adopters get an advantage, because they can mine at a higher rate. 

Pi Network app is available on Google Play or App store.

Use invitation code jagathkd, and happy mining.

[rudra]

wow. thanks. i didn't know about this. but i wonder where this is going to lead us... i mean come on. proof of work. energy expenditure.

also if it can be mined, then I'm sure it can be mined using ASIC or computers too. you don't need. but it will yield at much higher rate too. Did you try using computers yet ?

i used jagathkd.

someone please use mine too. it is rudrax.

thanks.

[jagathks]

Pi Network is based on Consensus algorithm, it doesn't eat up resources. Also the app is designed in such a way it doesn't require more resources as it uses "Stellar Consensus Protocol (SCP)".

About mining using ASIC/CPU is not possible as of now, but thay have plans for that too. You may have noticed - As they mentioned in app about mining using computer,
"Node - Coming Soon - Run the Pi mining software on your computer to help secure the Pi Blockchain based on security connections from Contributors."

Thanks for using my invitation code..

[chanalku91]

I don't think this is a new breakthrough, considering that similar mining applications have also come out!

And have you ever made a withdrawal from there? Because I'm afraid this is a scam!

[rudra]

I don't think this is a new breakthrough, considering that similar mining applications have also come out!

And have you ever made a withdrawal from there? Because I'm afraid this is a scam!

this is new cause it uses consensus and SCP.
None said about any free money or withdrawal yet. not here and certainly not over there. So scam is totally out of question.

Also this is made by some guys who have studied at one of the top institutes in the world. If that is anything to assure of its validity and legitimacy.

I wonder if there is really anything to mine. it seems very different from the likes of bitcoin.

[deanhills]

This discussion seems to be at a level that can only be harmful for non-specialist members of the Forum, so I'm going to close it.

@jagathks Can you tone it down a little. We have members who are not as knowledgeable on the topic and we don't want them to get into harm's way. If you want to participate in the Forum, please do so in other threads instead of focusing on one section only.