Pi Network introduces a new direction for crypto mining by making the experience easy, low-energy, and entirely smartphone-based. Users can contribute to the network with a simple tap—no expensive rigs, noise, or heavy electricity usage required.
Launched in 2019 by Stanford alumni Nicolas Kokkalis and Chengdiao Fan, the platform focuses more on community participation than computational power. Users stay engaged by logging in once every 24 hours, making it one of the most beginner-friendly entry points into crypto.
By eliminating the traditional limitations of mining, Pi Network offers a more inclusive and environmentally considerate way to get involved with digital currencies, placing emphasis on user participation and straightforward onboarding rather than technical complexity.
How does Pi Token Work?
Unlike proof-of-work networks like Bitcoin, Pi uses a customized form of the Stellar Consensus Protocol (SCP), allowing transactions to be confirmed quickly and efficiently without the huge energy demands of industrial mining. This keeps the chain lightweight, eco-friendly, and usable for everyday participants.
Earning Pi is designed to be effortless—users simply open the app and tap to start collecting tokens, with no need for specialized equipment, setup, or technical knowledge. To maintain trust in the system, each participant is restricted to one verified account and node. Users who run a desktop node can also access expanded functions such as live account information, community tools, and additional features.
Rather than charging transaction fees, Pi Network supports itself through unobtrusive in-app advertising shown during mining activity. This approach keeps the platform free to use while helping fund development, improvements, and long-term ecosystem expansion.
Mining Pi Token: Anyone Can Do It
Pi Network began as a mobile-focused mining project, allowing users to earn Pi by using the app and forming “security circles” with trusted members. This social approach not only helped build a strong community but also increased network integrity by reducing fake or duplicate accounts. As the platform grew, Pi expanded beyond mobile by releasing desktop Node software, giving users the chance to support transaction processing and participate more deeply in network activities.
A major turning point came on February 20, 2025, with the launch of the Open Network phase. This transition shifted Pi from a closed environment to a fully operational blockchain capable of interacting with other networks. It opened the door for exchange listings, cross-chain features, and broader real-world use. With this milestone, Pi Network moved significantly closer to its goal of delivering accessible cryptocurrency powered by everyday users around the world.
Future of Pi Token
The Pi Network team has outlined a multi-phase roadmap aimed at driving mainstream adoption of the Pi token, particularly among merchants. Their long-term vision involves creating a decentralized ecosystem where users can deploy and manage smart contracts, with the Pi token serving as the foundation of a vibrant peer-to-peer marketplace. The ultimate goal is to make Pi a convenient, everyday digital currency for exchanging goods and services via mobile devices.
The transition to the Open Network marked a major milestone by introducing external connectivity to Pi’s layer-1 blockchain. This advancement enables Pi to interact with other networks, expanding real-world utility for users and businesses alike. With Mainnet access extended beyond Pi’s internal ecosystem, Pioneers can now conduct transactions on approved external platforms.
Although the firewall has been lifted, participation in the Mainnet will be phased. While technically open to all, the Core Team will prioritize transitioning Testnet nodes to the Mainnet based on historical performance and reliability scores. This structured rollout ensures network integrity, and public visibility into node rankings will be provided to maintain transparency.
Read more: Pi network Price Prediction
Conclusion
Pi Network is positioning itself as a simpler and more eco-friendly gateway into crypto assets. By allowing mining through everyday devices such as smartphones and basic computers, it removes many of the cost and complexity challenges that often deter new users, making participation straightforward and attainable for a worldwide audience.
The project’s vision centers on creating a decentralized ecosystem powered by its community. Moving into the Open Network era represents a major advancement, paving the way for broader interoperability, practical applications, and deeper links with the wider blockchain landscape.
Ultimately, Pi’s long-term success will depend on tangible progress and widespread use. Continued development, an expanding range of applications, and strong real-world value will decide whether the project becomes a significant force in crypto or remains an ambitious experiment. As with all emerging technologies, users should stay educated, assess carefully, and conduct proper due diligence before engaging.
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Frequently Asked Questions
01 What is Pi Network?
Pi Network is a blockchain project created by Stanford graduates Nicolas Kokkalis and Chengdiao Fan, and Vincent McPhillip (who left the project in 2021). Launched in 2019, it seeks to make crypto accessible to everyday users by letting them earn Pi tokens directly on their smartphones, eliminating the need for costly mining equipment. The network focuses on energy efficiency, building trust through social “trust circles”, and reached a major milestone with the launch of its Open Mainnet on February 20 2025.
02 How does mining Pi on a phone work?
Instead of relying on energy-intensive proof-of-work (PoW) mechanisms, Pi Network employs a trust-based consensus model inspired by the Stellar Consensus Model (SCP). Users participate by checking in daily via the app, inviting trusted contacts to form “trust circles,” completing tasks like Know-Your-Customer (KYC), and, in some cases, running full nodes. These activities collectively enhance network security and contribute to users earning Pi.
03 Has Pi Network launched its Mainnet, and what does that mean?
Yes! Pi Network officially launched its Open Mainnet on February 20 2025, transitioning from a test environment to a live network where tokens can be migrated, exchanged, and used independently. Indian users will need to complete KYC verification before they can use or trade Pi tokens.
04 Is Pi Network legal to use in India?
Using or holding Pi Network is legal in India, provided you comply with local regulations such asKYC, Anti-Money Laundering (AML), and tax obligations. The Indian regulatory framework classifies crypto assets, including Pi, as Virtual Digital Assets (VDAs), which are subjected to taxation under Indian law.
05 Can Indian users trade or withdraw Pi tokens now?
After transitioning to the Open Mainnet, Pi Network enabled token availability on select exchanges. Indian exchanges may list Pi tokens contingent upon compliance with regulatory requirements, including KYC procedures. However, full liquidity and the ability to freely trade or withdraw Pi tokens depend on when exchanges officially recognize Pi and integrate its network.
06 What are the benefits of Pi Network for Indian users?
Benefits include:
- Engaging in crypto mining directly from your smartphone without the need for expensive hardware.
- Designed to minimize battery and data usage, ensuring a seamless experience on mobile devices.
- Participation in trust circles and referrals to enhance network security and earn rewards.
- As Pi Network evolves, users can anticipate increased utility and the possibility of trading tokens on exchanges.
07 What are the risks for Indian participants in Pi Network?
Certain risks are:
- Pi tokens are not yet widely available on major exchanges, and full trading depends on exchange integration.
- India allows crypto trading but maintains a cautious stance due to regulatory and tax concerns.
- Pi’s value is speculative and closely tied to adoption and utility, which may evolve unpredictably.
- Despite claims of decentralization, some users question the degree of control maintained by the core team.
08 Will gains from Pi Network tokens be taxed in India?
Yes, gains from Pi Network tokens are subjected to taxation inIndia. Once tokens become tradable and you realize gains, these gains are likely to fall under India’s taxation rules for Virtual Digital Assets (VDAs). This includes a 30% tax on gains, plus a 1% Tax Deducted at Source (TDS) on certain transactions. It’s advisable to maintain accurate records of when you received Pi tokens, their value at that time, and details of any transactions.
