Pi Network Scam Review (minepi.com)

Pi Network Scam Review. Is Pi Network (minepi.com) legit? Is Pi Network a Scam?

This is a scam review of Pi Network (minepi.com), a social cryptocurrency mobile mining App with proof of authenticity and what it really does. Below is how it looks on the official Pi Network website. Is this just another Cryptocurrency Scam that rip your hard earned money out of you? The Chinese characters certainly raise some brows for it’s authenticity as this whole thing claimed to be started by Stanford graduates. A pleasant surprise is on it’s way. Let’s dig further…

Activities pertaining to any transaction of Pi is currently unauthorised. Do not engage in any offer provided by 3rd party or you may suffer financial lost.

me trying to translate the chinese characters displayed on the official website

And so it seems that the chinese characters are present to warn people from getting scammed by third parties. Not much can be concluded yet. We are only at the beginning to uncovering the truth about Pi Network. To help everyone get a full picture, this Pi Network scam review of minepi.com is structured as follow:

  • What is Pi Network (minepi.com)
  • What does this Pi Network work
  • Who are the people behind Pi Network
  • What does the Pi Network App do
  • Conclusion of Pi Network Scam Review
  • Is the Pi Network suitable for me?

What is Pi Network? – Pi Network Scam Review

Pi Network is a network of users mining Pi, a social Cryptocurrency in it’s beta phrase. Pi Network users or members “mine” Pi using a mobile App called the Pi Network App. This Pi Network App is available to download on Apple App and Google Play Store. An APK file for Android devices without Google support is also available for download.

Cryptocurrencies are digital money. One example of cryptocurrencies is Bitcoin. Bitcoins are accepted by Microsoft as payment for software subscriptions. Cryptocurrencies are also tradeable on exchange (like Binance & Coinbase) for other cryptocurrencies. It can also be converted to fiat currencies. SGD, USD, RMB and MYR are some examples of fiat currencies (Government-backed money/ Legal tender).

me trying to explain what cryptocurries are in my own words.

How does this Pi Network works? – Pi Network Scam Review

Pi Network refers to the network in which the value of Pi can and may be determined by the level of activities and engagement. Users who have downloaded the App may also be referred to as a member of the network.

The purpose of this network is to give value to this cryptocurrency by distributing Pi. The network is structured in such a way that users who have more invites gets a higher mining rate. This is to reward users for their contribution and commitment to the network. However, it is not compulsory for users to invite others to mine the cryptocurrency. Casual members who have no intention of inviting others to the network mine at a base rate. There are no other disadvantages or whatsoever besides having a base mining rate for casual users.

Halving is a mathematical concept in cryptocurrency to safeguard its value by means of scarcity. In any currencies be it fiat or digital, the true value is determined by the level of engagement and scarcity. Halving of mining rate occurs whenever the total number of users reaches a certain milestone.

Who are the people behind Pi Network?

We have briefly touched about Pi Network. In this section of this Pi Network Scam Review, I refer the Pi Network as a term to describe Pi. Now, we are talking about the product, which is Pi. The cryptocurrency in question.

Pi was co-developed by Vincent McPhillip, MBA and Ph.D Stanford graduates Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. The pictures below taken from minepi.com

The profiles of members of the core team is verifiable one way or another. Dr. Nicolas’s profile is publicly available at https://hci.stanford.edu/nicolas
It’s a match. The developers are who they claim they are. So far so good 🙂

What does the Pi Network App do?

The Pi Network App can be downloaded when you visit the Official Website of Pi Network. Once downloaded and installed, the Pi Network App requires you to fill in some details to create an account. You’ll see a message that says an invitation code is required. Remember we talked about the Pi Network? One will have to join a network to be in a network. Ok, sounds legit… The invitation code is case sensitive. Use mine if you ever need one:

JoshuaHoGwokHin

The image with the nice purple background is how it looks like after successful sign-up. The counter at the top displaying 13.1175 π is how much you earned or “mined” based on the level of your commitment. The lightning button on the right with a 0.25 π/h is the rate you are getting.

You will immediately notice that the numbers on the counter increases every second. Yes, you guess it right. The moment you start the mining by activating the lightning button, your Pi starts growing little by little every second.

Throughout the entire process of downloading, installation, account creation and actual usage, you will not be asked to enter any financial information. No credit-card details, no Paypal account, no iBanking username & password. The only thing that you have been asked to enter are details required by any website for account creation. Sounds good so far! 😉

Conclusion of Pi Network Scam review

Here comes to the conclusion of this article Pi Network Scam Review. First, i’d like to thank you for your precious time and i really do hope I’ve help clear some of your doubts. In my opinion, Pi Network is not a scam and far from it. The developers are who they claim they are, the App does what it says it does, the idea of how it might work coincides with mathematical and currency concepts. On top of that, Pi Network App seems harmless to me. 😄

Is the Pi Network suitable for me? – Pi Network Scam Review

Is Pi for You? Now is the distribution phrase of the Pi Network and any interested parties are free to join. Pi Network is free and in a sense it’s as good as free money. There is no free lunch of-course. Pi Network App requires users to “re-activate” mining after every mining session. Each mining session is 24 hrs. This system ensure a certain level of commitment to the network (just a few seconds to open the app and tap the button to be exact). If you are a believer of block-chain technology or simply just interested in the potential value of Pi, earning some Pi just seems like a logical step to take.

This Pi Network Scam Review is dedicated to individuals like you and I. We should always be vigilant and do our due diligence before engaging into what seems like too good to be true offers.

Click on the download button to get started. The button is encoded with my invitation code. The invitation code you use also affect the rate of your mining. I will not delved into it as it’s beyond the scope of this article. At least you can be very sure I’m committed enough to put off this article for you.

Invitation code (case sensitive):

JoshuaHoGwokHin

Click here to join now!

🙂

Author: Joshua Ho

Hi friends, I'm a guitarist who is more adapted to Classical Guitar Styles. My favourite composer is J.S Bach.

48 thoughts on “Pi Network Scam Review (minepi.com)”

  1. I joined this platform three days ago(26/08/2020) used (JoshuaHoGwokHin referral link. My encounter is that:
    When it was exactly 24hours(27/08/2020) to mine for another coin, I couldn’t drive the tap arrow up not until it shows a box indicating “dismiss”. The same thing happened this afternoon(28/08/2020).
    My username: mathew2121seun
    How do I go about this, somebody help.

  2. Pi is a new digital currency developed by Stanford PhDs, with over 7 million members worldwide. It is yet to be launched but currently in phase 2/3 in the launching process, so mine now while the offer last.
    Stanford university graduates built yahoo and google and now working on pi

    Download pi network from playstore use my username (Emerie4) as your invitation code.

    Ensure that you verify your phone number or Facebook for your mining to be valid. You can verify your phone number or Facebook by click in at the hamburger menu icon at the top left> profile> Verify phone number> manual verification>send the code to the US number there in the app. Or you can still verify through Facebook.

    Login every 24 hours and click at mine(at a zigzag sign). You can also interact with admin in the in-app group chat.

    Start today because free mining by newbies will soon end. In 2005 bitcoin miner were thought to be foolish but today they have come to limelight

    Invitation code Emerie4

  3. I’ve been mining by myself since around April 2020 – I can’t figure out how to get more people in my network & what exactly is pi suppose to do (it’s eventual purpose?) It’s easy enough so I do it but I’m wondering why I bother sometimes, at least I know BTC, ETH, etc has value – can you answer that?

  4. At first.. You make me feel like i have been scam.. But at the last.. My confidence grow again.. Thankyou bro..

  5. Thanks for sharing this article! Article is nice. very informative.

    If you want to hire top rated Crypto Developers for Develope ICO development, STO development, IEO development, real estate tokenization, art tokenization, stable coin development, crowd funding platform, local Bitcoin clone, crypto payment development. We are a team of professional blockchain developers.

    Thanks

  6. I gladly appreciate your review because it has changed my mindset and now I have to continue moving on with it as soon as possible.

  7. Great app, but all those who are trying to create a fake profile to increase earnings, let them not try. Just add confidential accounts. You need an invitation code to access the application. Invitation code: sejodz

    1. Hi
      You can register through this link minepi.com/Ruthybee

      You have to download the app, submit your details and finally enter “Ruthybee” as your referral code

  8. 1- What is PI Stands for?
    2- Who the PI Holder receive the US$ Value for his Account? or any way?

  9. Could be the next big thing why not get in while it’s free use my invitation code “doittoit” and we both get free pi. Enjoy

  10. Pi is basically the crypto Stellar Lumens(xlm) with an MLM recruitment system. The MLM system exists to add security to the network. I think the developers underestimated the taint from utilizing MLM systems because what it looks like is an MLM that gives you something for a purpose most people can’t understand and people know how misleading MLMs are.

    Instead of running a test net with fixed amount of users, they’ve invited everyone to a test net. I’m not surprised so many people think it’s a scam.

  11. Many thanks, Young Man.
    Unfortunately someone else referred me to the program and it is only fair that I use his referral code.

  12. I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 3.5 million members worldwide. To claim your Pi, follow this link https://minepi.com/USAmerican and use my username (USAmerican) as your invitation code.

    Regards

    USAmerican

  13. Pi is a new digital currency being developed by a group of Stanford PhDs. For a limited time, you can join the beta to earn Pi and help grow the network. To join Pi, follow this link and use my username (mkochey96) as your invitation code.

    The app is by invitation only, use above link and recieve bonus also

  14. Hello.
    We are a big group of people and most of us are mining with a rate of 10 pi/h.
    Join our team ,using the code : “told”
    We welcome anyone.

  15. Interesting article about the Pi network but your title is a bit misleading.. You conclude that it’s NOT a scam at the end of the article.. Why do you not state that in your title?

    1. Hi friend thanks for your feedback. I’m new to blog and seldom write too. Is it some kind of rule/guidelines that I should follow to improve. If it is, give me some direction so I can look it up. 🙂

  16. We are a big group of people.Currently most are farming at a rate of 5 per hour.
    To join our team use the code: “told” . We welcome everyone to our chat.

  17. The next big thing is here! We are one and this digital community is an example of just that. Looking forward to the marketplace rollout. Check it out for yourself minepi.com/dwbcworld

  18. I have never dabbled in cryptocurrencies before but I have a good positive feeling about Pi
    They don’t ask for money. They don’t want personal information. A simpleton like me can mine in the background even with the app turned off. And you gain coins faster by having people join your circle. I just love the idea of currency that’s not manipulated by anyone. Its owned by the users.

    To join Pi, follow this link https://minepi.com/hyptno999 and use my username (hyptno999) as your invitation code.

  19. Here is the link

    Pi is a new digital currency being developed by a group of Stanford PhDs. For a limited time, you can join the beta to earn Pi and help grow the network. To join Pi, follow this link https://minepi.com/wahpat and use my username (wahpat) as your invitation code.
    Pi is still under beta phase and is free…close to risk free come join us
    Type in wahpat as referral

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