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How can Pi be mined on mobile phones without energy consumption typically known in “crypto mining”?
Pi achieves this by using a different type of consensus algorithm in its blockchain, rather than the widely known Proof of Work (POW) algorithm that consumes a lot of energy. Pi’s consensus algorithm is adapted from the Stellar Consensus Protocol (SCP) and an algorithm called Federated Byzantine Agreement (FBA), which do not require energy consumption to reach conse
Mining is making contributions to the consensus algorithm to secure the ledger in blockchain for rewards. While POW mining requires nodes to “work” to solve mathematical puzzles to help the algorithm reach consensus and incidentally consume a lot of energy, Pi mining requires a distributed trust graph. The security circles of each individual mobile miners will aggregate into a global trust graph that will feed the consensus algorithm of the Pi blockchain. Therefore, each mobile miner is mining Pi by contributing to the intersectionality, security and feasibility of the consensus algorithm of the Pi blockchain in order to secure the Pi ledger.
While POW miners’ contribution to those blockchains is the energy, Pi mobile miners’ contribution to Pi Blockchain is their trust relationships and the active confirming of such relationships. The heavy lifting of running the consensus algorithm based on the trust graph that the mobile phones are creating is still falling into computer nodes. In fact, the Pi Testnet already has more than 10K such computer nodes that will be soon migrated to the Pi Mainnet, placing Pi into a good path into creating a very decentralized blockchain network.
How do we create and use the Pi Wallet? And can we use an external wallet to hold our Pi in the future?
How does the Pi app work?
How do I mine more Pi coins?
Do I need to leave the app open to mine? Does the app drain my battery or data?
Why was the mining rate higher in the past?
Why is the Pi Referral Team program NOT multi-level marketing?
What is the utility of Pi?
How can I use my Pi on the Mainnet?
What is the Ambassador role? How does the Referral Team work?
What are Pi Security Circles and the Security Circle Mining Reward? What is, and how do I become a Pi Contributor?
Can I transfer my Pi? What is the timeline for transferring Pi?
Can I mine from more than one device? How does Pi Network prevent fake accounts, bots, etc. from mining Pi?
Are there countries or regions restricted from accessing Pi?
2. Look for Answers in the Community Wiki
Need instructions about Pi App features?
3. Explore the Support Portal
Have a problem with the Pi App or your Pi account?
Safety
Always follow our safety guidelines found in the following link to protect your account: https://minepi.com/safety
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Please read the FAQs and Community Wiki before using the Support Portal. Dive deeper into Pi’s vision, mission and protocol here.
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Disclaimer: Pi is NOT free money.
What is Pi?
Is Pi real? There is some confusing commentary on Pi online.
How can the mining of Pi crypto be free? Are you using my phone resources?
How can Pi be mined on mobile phones without energy consumption typically known in “crypto mining”?
How do we create and use the Pi Wallet? And can we use an external wallet to hold our Pi in the future?
How does the Pi app work?
How do I mine more Pi coins?
Do I need to leave the app open to mine? Does the app drain my battery or data?
Why was the mining rate higher in the past?
Why is the Pi Referral Team program NOT multi-level marketing?
What is the utility of Pi?
How can I use my Pi on the Mainnet?
What is the Ambassador role? How does the Referral Team work?
What are Pi Security Circles and the Security Circle Mining Reward? What is, and how do I become a Pi Contributor?
Can I transfer my Pi? What is the timeline for transferring Pi?
Can I mine from more than one device? How does Pi Network prevent fake accounts, bots, etc. from mining Pi?
Are there countries or regions restricted from accessing Pi?
2. Look for Answers in the Community Wiki
Need instructions about Pi App features?
3. Explore the Support Portal
Have a problem with the Pi App or your Pi account?
Safety
Always follow our safety guidelines found in the following link to protect your account: https://minepi.com/safety
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