#PI The current price of Pi is already far below the cost of mining. Out of 427,000 nodes worldwide, the vast majority are operating at a loss. Only a small number of earlier nodes are running at break-even. In this situation, a price increase is inevitable. This is an excellent time to invest, not to speculate.

Pi undergoes monthly reductions in issuance, and for mobile users, they can hardly mine anymore. Many early pioneers can’t log in now because they forgot their passwords. Since they haven’t logged in for a long time and didn’t bind an email address, they are unable to recover their login password, which effectively contributes to Pi’s scarcity. In addition, Pi has a strict decentralized KYC mechanism, so fake accounts simply cannot slip through. Only users who have passed KYC can queue to map Pi into their wallets—and only base coins are mapped. If you lock your coins for 3 years, then even if they are mapped, there will still be no usable coins. You can only use your coins after the 3-year lock-up period ends. The unlock time for the coins obtained by other security circles and promoters remains unclear for the foreseeable future. This is Pi’s release mechanism.