Simply put, the Pi coin is a cryptocurrency designed to compete with existing, more energy-intensive cryptocurrencies. It allows users to mine the coin on their phones without using a lot of electricity or battery life, making it not only more energy-efficient but also attempting to add to the media frenzy by allowing retail investors and everyday users who do not have access to advanced computers for cryptocurrency mining to join the Pi network. To avoid robots and fraud, the programme requires you to log in every day and reset the mining process. The mining rate is expected to gradually decrease as more people sign up for the programme, and the upper limits for existing mining rates have already been established.

https://minepi.com

Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery, reducing the environmental impact. Unlike traditional cryptocurrencies, Pi Network aims to be user-friendly and accessible, utilizing the Stellar Consensus Protocol (SCP) for mobile-first mining. The Pi Network app enables individuals to earn rewards by participating in the network’s consensus algorithm. With no startup costs and no additional equipment required, Pi has garnered interest due to its ease of use and potential for widespread adoption. However, it’s essential to approach Pi with caution, as its unconventional approach raises skepticism.
https://minepi.com