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https://btcbinary.biz/ |
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Therefore, we expect that millions of Pi Coin holders will rush to the exit and flood the market with supply. This will then crash the Pi Network price. In my view, this is the main reason why Pi developers are yet to list the coin. The Pi cryptocurrency is the native coin of the Pi Network blockchain and can be mined via the Pi app. As Pi is a cryptocurrency, it exists on a blockchain. The Pi blockchain uses a consensus mechanism known as the Stellar Consensus Protocol, originally developed for the Stellar (XLM) blockchain. “Justin Sun’s Huobi exchange will cancel all year-end bonuses, and will prepare to lay off the team of 1,200 people to 600-800 people, and cut the salaries of senior employees, according to several insiders,” the tweet read. The Pi network was launched in 2018, at that time the mining rate was almost 1.6 Pi per hour, which was condensed to 0.8 Pi when a total one lakh new users got registered. Likewise, when a total of one million people were added to the Pi app, the reward got reduced more and it became almost 0.4 Pi per hour. Finally, it got dropped to 0.2 Pi per hour once its user base touched one crore. https://btcbinary.biz/ |
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