Pi Network Mining page Overview

Welcome to our simple guide about the Pi Network’s new Mining Page! This update makes it easier to see and improve your mining rate. In this blog, we’ll explain each part of the page one by one. You’ll learn how the base rate, boosters, and rewards work together to help you get the most out of the Pi Network.

Accessing the Pi Mining Page

To begin, tap the lightning button after finishing your daily mining session. This will open the new Pi Mining page, where you can find all the important information about mining in one place.

Real-Time Mining Tracker

At the top of the Pi Network Mining Page, you can see how much Pi you’ve mined so far, along with a live mining meter showing your progress.

Real-Time Mining Progress and Countdown Timer

This moving meter shows your mining progress in real time, so you can see how much Pi you’re earning each hour. It also has a countdown timer that tells you when your session will end, helping you keep track of your mining activity.

Total Mining Rate

The window will show your Total Mining Rate in Pi per hour, which tells you how much Pi you’re earning each hour.

It calculates this rate using three main parts: the base rate, boosters, and rewards. By using the Mining page, you can see your current rate and how things like joining Security Circles or using Pi Apps change your hourly earnings.

What is Base Rate Tab in Pi Network

The base rate is the main mining rate in the Pi Network. It changes every month based on a formula that slowly decreases the rewards and follows a supply limit. The base rate was updated on March 1st, 2022, using a formula that makes sure the total rewards for mining do not go over the 65 billion Pi limit. This new system is different from the old one, where the rate would reduce by half each time the network grew by ten times. The new base rate helps the network grow in a balanced way, keeping it accessible and lasting for the long term while rewarding Pioneers.

What is Boosters tab in Pi Network

Boosters in the Pi Network help Pioneers increase their mining rate beyond the base rate. You can earn boosters by doing different activities, like:

Active Mining:

You need to renew your mining session every day to keep mining and earn boosters. A 100% status means you’re actively mining.

Security Circle Booster:

This booster comes from having trusted Pioneers in your network. By connecting with others in your Security Circle, you can get extra boosts. Having up to 5 connections can double your mining rate.

Lockups:

Pioneers can lock up their Pi for a certain time, earning a higher mining rate. The more Pi you lock and the longer you lock it, the bigger the boost you get.These boosters help encourage long-term involvement, security, and growth in the Pi Network.

Reward Tab in Pi Network

The Reward Tab in the Pi Network lets Pioneers boost their mining rates by doing activities that help the network grow. Here are the main parts of the Reward Tab.

Referral Team Rewards:

Pioneers earn rewards by inviting others to join Pi and by making sure their referral team keeps mining. The more people you refer and the more they mine, the higher your mining rate.

Utility Usage Bonus:

Pioneers get rewards for using Pi Apps through the Pi Browser. This encourages people to use Pi Apps and helps grow the Pi Developer platform.

Node Bonus:

Pioneers who run a Pi Node can earn a bonus based on how well their node works. Nodes are important for the security and long-term success of the network, and running one helps keep the Pi Network secure. The bonus rewards those who keep their nodes reliable.

In short, the Reward Tab helps Pioneers increase their mining rate by rewarding them for referring others, using Pi Apps, and running a Pi Node. It plays a big part in supporting the network’s growth and decentralization.

In conclusion, the Pi Network’s mining system is made to reward Pioneers for helping the network grow, stay secure, and last longer. By understanding the base rate, boosters, and rewards, you can improve your mining and earn more Pi each hour. Whether you’re building trust in your security circle, using Pi Apps, or running a Pi Node, every action you take helps the network succeed. Keep mining, stay involved, and watch your Pi rewards grow as the network continues to develop!