The Pi Network has applied a contemporary discount in its mining charge and issued new steering encouraging group members to lock up tokens. The workforce made the change to keep the ecosystem’s sustainability within the face of market volatility.
Pi Network Slashes Mining Rate by 8%
On August 1, the mining charge of the Pi Network was decreased by 8%, from 0.0030165 π/h to 0.0027746 π/h. This determine represents the bottom charge ever recorded for the reason that community began mining. It reveals a continued effort to scale back token emissions whereas provide will increase. Woody Lightyear, a Pi group lead, identified this discount in a latest X put up.
The Pi mining charge for August has fallen by 8%
From 0.0030165 to 0.0027746 π/h.
Is this the all time low for the mining charge?
— 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 may be configured within the app underneath the “Mainnet” tab. Post-migration lockups, set throughout the Pi Wallet, apply immediately to already transferred Pi. In addition to defending the ecosystem, these lockups give customers rewards by elevating their mining charge.
Both sorts 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 advised users to allow two-factor authentication, the third merchandise on the Mainnet guidelines, to guarantee a seamless migration. There are rumours {that a} important announcement or a brand new stage is imminent following this reminder.
Pi Network’s Minor Changes Leave Community Wanting More
In a recent post on X, Woody Lightyear criticized the course of Pi Network’s latest 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 keep consumer engagement whereas preserving important developments hidden from the general public.
Recently, TransFi joined the Pi Wallet as the most recent 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 be a rising conjecture relating to a potential collaboration with Binance. The group’s expectations for an official itemizing have been bolstered by the addition of latest 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 full provide to over 7.76 billion PI. The Pi coin worth has fallen by nearly 14% prior to now day, buying and selling at about $0.349.
Michael Adeleke
Michael Adeleke is a passionate crypto journalist recognized for breaking down complicated blockchain ideas and market traits into clear, partaking narratives. He focuses on delivering well timed information and sharp market evaluation that retains crypto fans 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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