Pi Network Announces Significant Mining Rate Increase as Mainnet Launch Nears
Saturday, 3 August 2024, 14:36
Pi Network Increases Mining Rate
On August 1st, Pi Network unexpectedly raised its mining rate by 18%. This enhancement comes as an effort to improve the network's performance and user incentives.
Reasons for the Increase
- Elimination of rewards for duplicate nodes
- Removal of rewards for inactive KYC accounts
These changes aim to streamline the user base and enhance the overall mining experience.
Looking Ahead
As the mainnet launch approaches, the increase in mining rate indicates a strategic move by Pi Network to ensure a robust and efficient network environment. This adjustment not only incentivizes active participation but also maintains the integrity of the mining process.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.