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Public AI explainer video

Pi Network: Tap, Mining, and Balance

Can a daily phone tap really mine cryptocurrency and create valuable coins? Pi Network is a project where you use an app to participate and claim Pi....

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pi network

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Can a daily phone tap really mine cryptocurrency and create valuable coins? Pi Network is a project where you use an app to participate and claim Pi. It can feel like checking into a rewards app: tap, and watch a balance grow. But the resemblance ends there. That tap lets you participate in Pi Network; it is not your phone doing Bitcoin-style mining. In Bitcoin, mining means computers do computational work to help process transactions. Pi's app check-in isn't that work happening on your phone. And a displayed Pi balance does not prove the coins can be exchanged or have cash value. Taking part, seeing a balance, and having spendable money are different things. So, can that tap mine valuable coins? Not in the Bitcoin sense. It lets you take part in Pi Network, but it doesn't make your phone solve mining puzzles or guarantee money.