Pi Network Adjusts Mining Rate to All-Time Low, Issues Lock-Up Reminder to Users

Explore insights within the AI & Blockchain area. This article dives into: “Pi Network Adjusts Mining Rate to All-Time Low, Issues Lock-Up Reminder to Users”.

The Pi Network has carried out a contemporary discount in its mining fee and issued new steerage encouraging group members to lock up tokens. The group made the change to preserve the ecosystem’s sustainability within the face of market volatility.

Pi Network Slashes Mining Rate by 8%

On August 1, the mining fee of the Pi Network was decreased by 8%, from 0.0030165 π/h to 0.0027746 π/h. This determine represents the bottom fee ever recorded for the reason that community began mining. It exhibits a continued effort to scale back token emissions whereas provide will increase. Woody Lightyear, a Pi group lead, identified this discount in a current X put up.

The Pi mining fee for August has fallen by 8%

From 0.0030165 to 0.0027746 π/h.

Is this the all time low for the mining fee?

— Woody Lightyear 𝛑 (@WoodyLightyearx) August 1, 2025

Furthermore, the Pi Core Team reminded customers of the Lock-Up possibility designed to strengthen community stability and incentivize long-term participation. Users can voluntarily lock up Pi both earlier than or after migrating to the mainnet.

For those that haven’t migrated but, pre-migration lockups could be configured within the app underneath the “Mainnet” tab. Post-migration lockups, set inside the Pi Wallet, apply instantly to already transferred Pi. In addition to defending the ecosystem, these lockups give customers rewards by elevating their mining fee.

Both varieties comply with the precise reward calculation mechanism, as detailed within the 2021 whitepaper. Once dedicated, lockups can’t be reversed. They replicate the venture’s core philosophy of encouraging pioneers to assume long-term somewhat than specializing in short-term worth actions.

In a separate message, the Pi Core Team suggested customers to allow two-factor authentication, the third merchandise on the Mainnet guidelines, to guarantee a seamless migration. There are rumours {that a} vital announcement or a brand new stage is imminent following this reminder.

Pi Network’s Minor Changes Leave Community Wanting More

In a current put up on X, Woody Lightyear criticized the route of Pi Network’s current app updates, suggesting they seem to be filler content material somewhat than significant progress. According to him, the updates seem to be an try by the Pi Core Team to preserve consumer engagement whereas holding vital developments hidden from the general public. 

Recently, TransFi joined the Pi Wallet as the newest fiat on-ramp, sitting alongside Banxa and Onramp Money. This addition permits customers to purchase Pi utilizing acquainted strategies like bank cards, Apple Pay, and Google Pay.

There can also be a rising conjecture relating to a attainable collaboration with Binance. The group’s expectations for an official itemizing have been bolstered by the addition of recent Binance  Support choices to the Pi Wallet’s assist part.

Meanwhile, on August 1, greater than 19 million PI tokens went into circulation, bringing the whole provide to over 7.76 billion PI. The Pi coin worth has fallen by nearly 14% previously day, buying and selling at about $0.349.

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Michael Adeleke

Michael Adeleke is a passionate crypto journalist recognized for breaking down advanced blockchain ideas and market developments into clear, participating narratives. He makes a speciality of delivering well timed information and sharp market evaluation that retains crypto fanatics knowledgeable and forward of the curve. With an engineering background and a level from the University of Ibadan, Michael brings analytical depth and precision to every bit he writes.

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