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How many PI Network tokens will be mined in total?

avatarfrancis122Dec 25, 2021 · 3 years ago3 answers

Can you tell me the total number of PI Network tokens that will be mined?

How many PI Network tokens will be mined in total?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The total number of PI Network tokens that will be mined is 1 trillion. This is the maximum supply of PI Network tokens and no more tokens will be created after that. It is important to note that the mining process for PI Network tokens is different from traditional cryptocurrencies like Bitcoin. Instead of using computational power, PI Network tokens are mined by simply opening the PI Network app once a day and pressing a button to start mining. This makes it more accessible for everyday users to participate in the mining process.
  • avatarDec 25, 2021 · 3 years ago
    There will be a total of 1 trillion PI Network tokens that will be mined. This is a significant number and it reflects the goal of PI Network to create a widely distributed and decentralized digital currency. By having a large supply of tokens, PI Network aims to ensure that there is enough liquidity and availability for users to transact with the currency. It also provides an opportunity for more people to participate in the mining process and earn PI Network tokens.
  • avatarDec 25, 2021 · 3 years ago
    According to BYDFi, a digital currency exchange, the total number of PI Network tokens that will be mined is 1 trillion. This is a massive supply and it is designed to ensure that there is enough PI Network tokens available for users to transact with. The mining process for PI Network tokens is unique and it allows anyone with a smartphone to participate in the mining process. This makes it more inclusive and accessible compared to other cryptocurrencies that require specialized hardware and technical knowledge.