- Pi Network has decreased its base mining rate by 38%, dropping from 0.0047 to 0.0029 Pi per hour, as part of its strategy to enhance scarcity and potential value.
- Miners now face greater challenges in earning Pi, while the coin’s market price fluctuates around $0.60.
The Pi Network, a cryptocurrency that has gained significant attention in recent years, has seen a substantial drop in its base mining rate since the launch of its Mainnet in 2025. This change, effective as of April 6, 2025, has sent shockwaves through its community, making it more challenging for miners to earn Pi coins.
The Mining Rate Reduction
The base mining rate for Pi Network has dropped dramatically by 38%, from 0.0047 Pi per hour to 0.0029 Pi per hour. This decrease aligns with Pi Network’s long-term strategy of reducing mining rewards as the user base continues to expand. The decision is part of the network’s approach to increase the scarcity and, ultimately, the potential value of Pi coins. While this reduction may seem significant, it’s all part of a plan to ensure the sustainability and growth of the Pi Network over time.
What This Means for Miners
For active miners, this change signifies that earning Pi will now require more consistent participation and an understanding of how to maximize mining efficiency. With the rewards halved, miners will need to rely more on available bonuses and incentives to boost their earnings. Pi Network’s community is urged to maintain their mining activities and explore all possible avenues for optimizing their rewards under these new conditions.
Pi Coin Market Performance
The price of Pi Coin has shown some fluctuation in the market. As of the latest figures, Pi Coin is trading at around $0.60, marking a 10% increase over the past 24 hours. This is a notable shift, especially considering the coin’s intraday price range, which has seen a high of $0.79 and a low of $0.41. The coin’s market movements suggest that while the mining rate decrease might make mining less lucrative, the coin’s value still has potential for growth.
As Pi Network continues to evolve, the mining rate adjustments are a clear indication of the project’s efforts to balance scarcity and accessibility. For miners, staying active and engaged with the network is more important than ever if they wish to make the most of their mining efforts. The price fluctuations also suggest that while Pi Network’s future remains uncertain, it is definitely one to watch closely in the coming months.
