Components of Mining Speed
The mining speed on Pi Network is composed of the following three elements:
- Base Mining Rate
- Boost Rate
- Reward Rate
About the Base Mining Rate
The Base Mining Rate is the fundamental mining speed adjusted monthly by the Pi Network core team. This cannot be controlled by the user.
Methods to Improve Boost Rate
1. Utilizing Lockup
By locking up mined Pi coins, you can significantly increase your mining speed. For example:
Locking up 90% for 3 years increases mining speed by 522%
Locking up 100% for 3 years increases mining speed by 580%
2. Expanding Your Security Circle
By adding 5 members to your security circle, you can get a 100% boost effect.
Optimizing Reward Rate
1. Utilizing Pi Browser
By regularly using the Pi Browser, you can earn additional rewards. Main ways to utilize it:
- Viewing Pi Network’s social media
- Participating in KYC verification
- General web browsing
2. Running a Node
By running a Pi node using your computer, you can earn additional rewards.
Importance Before Mainnet Migration
Mining before the Mainnet migration is particularly important. After the migration, the mining difficulty is expected to increase significantly, and rewards are likely to decrease, so efficient mining at this stage is recommended.
Summary
To maximize your mining speed on Pi Network, it is important to comprehensively optimize the following elements:
- Implementing an appropriate lockup strategy
- Building a complete security circle
- Actively utilizing Pi Browser
- Considering running a node if possible