Pi Network Slashes Mining Rate to Record Low — Could Big Changes Be Coming?

Jakarta, Pintu News – Pi Network has again lowered the mining rate and released new guidelines that encourage community members to lock their tokens.

This step was taken by the development team to maintain the sustainability of the ecosystem amidst high crypto market volatility.

Pi Network Slashes Mining Rate 8% to Historical Low

As of August 1, 2025, Pi Network’s mining rate has again decreased by 8%, from 0.0030165 π/hour to 0.0027746 π/hour. This drop is the lowest since the network began mining, signaling continued efforts to reduce token emissions as supply increases.

Read also: Pi Network Slips to $0.35 — Is This the Beginning of a Bigger Crash?

This decline was first highlighted by Woody Lightyear, one of Pi’s community leads, in his post on X.

In addition, the Pi Core Team also reminds users of the Lock-Up option designed to strengthen network stability and encourage long-term participation. Users can voluntarily lock their Pi tokens, both before and after migration to the mainnet.

For those who have not yet migrated, pre-migration lockups can be set directly in the app under the Mainnet tab.

Meanwhile, post-migration lockups conducted through Pi Wallet apply to Pi that has already been transferred. In addition to protecting the ecosystem, this lock-up mechanism rewards an increase in mining rate.

Both types of lock-ups follow the reward calculation mechanism described in the 2021 whitepaper. Once confirmed, lock-ups cannot be canceled, in line with the project’s philosophy of encouraging pioneers to think long-term instead of focusing on short-term price fluctuations.

Pi Core Team Suggests Enabling Two-Factor Authentication

In a separate message, the Pi Core Team also advised users to enable two-factor authentication, the third step in the Mainnet checklist, to ensure a smooth migration process.

There are also rumors that a major announcement or new stage is coming soon after this reminder is released.

Pi Network’s Small Changes Make the Community Want More

In his latest post on X, Woody Lightyear criticized the direction of the Pi Network app update, which is considered as filler content instead of meaningful progress.

Read also: As SHIB Price Slides, Shiba Inu Developer Reveals the Ecosystem’s Top Priorities

According to him, this update looks like an attempt by the Pi Core Team to keep users engaged while keeping major developments hidden from the public.

Recently, TransFi joined the Pi Wallet as the latest on-ramp fiat, complementing Banxa and Onramp Money. This addition allows users to purchase Pi with familiar payment methods such as credit cards, Apple Pay, and Google Pay.

On the other hand, speculation regarding a possible collaboration with Binance is increasing. The community’s hopes for an official listing have also grown stronger after the appearance of new support options from Binance in the Help Pi Wallet section.

Meanwhile, on August 1, more than 19 million PI tokens were officially circulated, bringing the total supply beyond 7.76 billion PI. The price of the Pi coin itself fell by almost 14% in the past day and is trading around $0.349.

Overall, with these latest adjustments, Pi Network is demonstrating its commitment to building a stable and sustainable ecosystem.

Measures such as reduced mining rates and token locking options are efforts to ensure that the long-term value of Pi is maintained, while incentivizing users to engage over the long term.

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Reference:

• Coingape. Pi Network Adjusts Mining Rate to All-Time Low, Issues Lock-Up Reminder to Users. Accessed on August 4, 2025