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Jakarta, Pintu News – Good news for Pi Network miners as the base mining rate has just increased by 0.93%, giving Pioneers a golden opportunity to earn more Pi before the supply runs low again.
And if you want to make the most of this increase, here are 4 simple and effective ways to increase your Pi mining rate.
Also check out how much a miner can earn in one day with this new mining rate, quoting the Coinpedia page.
Recently, Pi Network announced that the base mining rate has increased from 0.0029887 Pi per hour to 0.0030165 Pi per hour. This update indicates that last month’s token supply has not been fully mined.
So, this month is a good time to mine as much as possible before supply tightens again.
Read also: Pi Network Trades Around $0.48 Today — But Is a Massive Token Unlock About to Derail Its Climb?
However, mining rates isn’t just about pressing the lightning button every day. It’s about strengthening your security, building your team, and more. So, what can you do to maximize this moment?
The first and most important step is to complete your Security Circle with at least 5 trusted connections.
Each active member you add will give a 20% increase to your base mining rate, up to a maximum of 100% if you have five active members.
This not only keeps the network safe, but also increases your mining rate significantly.
Pi Network rewards you for helping the community grow. Invite friends or family to mine Pi using your referral code.
Each person you invite who is actively mining will add a 25% bonus to your mining rate, with no limit to the number of people you can invite.
If you want to increase your mining rate further, lockup some of your Pi coins for a certain period of time. The longer and bigger the lockup amount, the bigger the bonus.
For example, some users managed to increase their mining rate by more than 600% by locking up Pi for three years.
Don’t forget your old referrals! Remind your team to keep mining every day. The more they press the button, the more your mining rate will increase.
Read also: Shiba Inu (SHIB) Skyrockets Again — Is a Break Above May’s High Just Moments Away?
Taking into account the latest mining rate increase, here is an estimate of a miner’s daily earnings. With the new base mining rate of 0.0030165 Pi per hour, one miner can mine approximately 0.072396 Pi in one day (24 hours).
However, if a miner implements all four upgrade strategies in full, his daily earnings could increase from around 0.072 Pi to approximately 0.67 Pi per day – almost 9 times, depending on team activity and the lockup option chosen.
Currently, the value of Pi coin is estimated to be around $0.48 with a market cap of $3.7 billion.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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