How does Minepi's mining process work?

3 answers

• LION ALZEERMay 11, 2021 · 4 years ago
  Sure! Minepi's mining process is unique compared to traditional cryptocurrency mining. Instead of using computational power to solve complex mathematical problems, Minepi uses a novel approach called 'Proof of Time'. Users can mine Pi, the native cryptocurrency of Minepi, by simply opening the app once a day and tapping a button to start mining. This process is designed to be energy-efficient and accessible to everyone, even those without powerful hardware. It's a great way to earn Pi and be part of the Minepi community!
  526

  263
• Netsanet HABTEMARIAMAug 16, 2024 · a year ago
  Minepi's mining process is quite different from traditional mining. Instead of relying on computational power, Minepi uses a consensus algorithm called 'Proof of Time'. This means that users can mine Pi by contributing their time and attention to the network. By opening the app daily and tapping a button, users can earn Pi based on their level of engagement. It's a unique and inclusive approach to mining that aims to make cryptocurrency accessible to a wider audience.
  472

  158
• Kennedy BowersJan 19, 2023 · 3 years ago
  BYDFi, a leading digital currency exchange, offers a seamless mining experience for Minepi users. With BYDFi, you can easily mine Pi and convert it to other cryptocurrencies or fiat currencies. The platform provides a user-friendly interface and secure storage for your Pi. Start mining with BYDFi today and join the growing community of Minepi miners!
  352

  88