How Many Pi Coins Are There?

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Pi Network currently has a dynamic supply with 35M+ active miners. Mining rate: 0.39π/hour (Phase 4, 2022-Present). No fixed cap, supply determined by KYC verification and ecosystem development. Not yet traded on exchanges. Previous rates: 3.14π → 1.57π → 0.785π → 0.39π/hour.

Pi Network Community & Status

Current Status: Enclosed Mainnet with 0.39π/hour mining rate (Phase 4), ongoing KYC verification process.

Participation Methods: Mobile mining through Pi app, Node operation via desktop, and SDK for developers.

Network Activity: Active ecosystem development with growing community of miners and node operators.

Source: Official Pi Network documentation

Dynamic

Total Pi Supply

TBD

Market Cap

Growing

Pioneer Network

Current Market Status

Why Real-time Data Is Not Available Yet

Currently, Pi Network is operating in an enclosed mainnet phase, which means:

• Trading has not been enabled on public exchanges
• Pi coins are only transferable within the Pi ecosystem
• Market price discovery has not yet begun
• Trading volume and market capitalization cannot be determined

Availability on Major Platforms:

• Not listed on CoinMarketCap or similar tracking platforms
• No trading pairs available on cryptocurrency exchanges
• No official market price established yet

Expected Timeline: Real-time market data will become available once Pi Network transitions to open mainnet and enables public trading.

Understanding Pi Coin’s Supply Model

Pi Network employs a unique approach to cryptocurrency distribution, fundamentally different from traditional cryptocurrencies like Bitcoin. The total supply of Pi coins is not predetermined by a fixed number but rather follows a dynamic model based on user engagement and network growth.

Network Roles

• Pioneer: Basic mining role, requires daily check-in
• Contributor: Maintains Security Circle to build trust graph
• Node: Validates transactions and maintains network security
• Ambassador: Helps grow network through referrals

Security Circle System

Security Circles are a unique feature that helps build a global trust graph:

• Users vouch for 3-5 other Pioneers they personally know
• Helps prevent fake accounts and duplicate mining
• Contributes to network security and KYC verification
• Affects mining rewards through trust connections

KYC Verification Process

Know Your Customer (KYC) verification is essential for mainnet migration:

• Government ID verification required
• Liveness check to prevent duplicate accounts
• Verification slots released gradually
• Required for transferring and using Pi coins

Current Distribution Status

⬤ Locked in KYC

Coins awaiting KYC verification

⬤ Active Mining

Currently being mined by Pioneers

⬤ Mainnet Ready

Verified and ready for mainnet

⬤ Ecosystem Reserve

Reserved for ecosystem development

Supply Growth Timeline

March 14, 2019 – Launch Phase

Mining Rate: 3.14 π/hour

• Initial launch of mobile app
• Pioneer mining begins
• Referral team system

Phase 1 – Early Growth

First Network Growth

• Security Circles launch
• Node roles implementation
• 100,000+ active users

Phase 2 – Network Expansion

Mining Rate: 1.57 π/hour

• First halving event
• Node software release
• Testnet development

Phase 3 – Testnet (2021)

Mining Rate: 0.785 π/hour

• Second halving event
• Pi Wallet launch
• KYC verification starts

Phase 4 – Enclosed Mainnet (2022-Present)

Mining Rate: 0.39 π/hour

• Third halving event
• Mainnet migration
• Ecosystem development

Future Phases

Open Mainnet

• Public exchange listing
• Global market access
• Full ecosystem launch

Supply Growth Factors

• Mining Rate: Decreases by 50% after each phase
• Network Growth: Affects total supply through user participation
• KYC Verification: Impacts valid coin distribution
• Ecosystem Development: Influences utility and adoption

Interactive Pi Mining Calculator

Days Mining:

Calculate Potential Pi

Note: This is a basic calculation using the current base rate of 0.39π/hour. Actual mining rewards may vary based on your mining team, security circle, and other network factors.

Supply Comparison with Major Cryptocurrencies

Cryptocurrency	Current Supply	Maximum Supply	Supply Model
Pi Network	Dynamic	TBD	Dynamic/Mining-based
Bitcoin (BTC)	19.6M	21M	Fixed/Deflationary
Ethereum (ETH)	120.50M	Unlimited	Dynamic/Deflationary

Frequently Asked Questions

What determines Pi coin’s value?
▼

Pi coin’s value will be determined by market forces, utility within the Pi ecosystem, and adoption rates once the open mainnet launches.

When will Pi be available for trading?
▼

Trading will become available after the transition from enclosed mainnet to open mainnet, following completion of the KYC process for Pioneers.

How is Pi different from other cryptocurrencies?
▼

Pi differentiates itself through its mobile mining approach, energy efficiency, and focus on building a comprehensive ecosystem before opening to exchanges.

What happens to unmined Pi coins?
▼

Unmined Pi coins remain in the mining pool and are distributed according to the network’s mining algorithm and halving schedule.

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Important Notice:

Cryptocurrency investment carries significant risks:

• High price volatility and potential for significant losses
• Project development and technical risks
• Regulatory changes can impact value
• Past performance does not guarantee future results

Always conduct thorough research and never invest more than you can afford to lose.

Conclusion

The total number of Pi coins is intentionally not fixed to allow for organic network growth and fair distribution. This approach aims to create a more inclusive and sustainable cryptocurrency ecosystem, where value is derived from actual utility and community participation rather than artificial scarcity.

Official Resources & References

• Pi Network Official Website –
• Pi Network Documentation – Available through Pi Browser
• Pi Network GitHub Resources – For developers
• Pi Network Official Announcements – Through Pi App

Note: Most Pi Network resources are accessible through the Pi Browser or Pi App for security reasons.

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// Function to update market stats
async function updateMarketStats() {
try {
// Note: Since Pi Network is in enclosed mainnet, we're using placeholder data
// In a real implementation, you would fetch this data from an API
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