Ever since its launch, the Pi Network coin has kept cryptocurrency enthusiasts hooked on finding out the price of this cryptocurrency. In 2021, the one-of-its-kind cryptocurrency project was launched, and since then, it has been surrounded by various uncertainties and speculations.
Pi Network was launched to allow users to mine cryptocurrency through mobile phones.
What is Pi Network?
It is a novel virtual currency and developer platform where users can use their smartphones to mine Pi coins. According to the project’s website, Pi Network allows its users to mine the digital coin without draining the battery and reducing environmental impact.
The world’s oldest cryptocurrency, Bitcoin, is often criticized for harming the environment as mining requires a lot of energy.
Last year, China had launched a crackdown on crypto mining operations as it was harming the environment. Meanwhile, Tesla chief executive officer Elon Musk had said it wouldn’t accept Bitcoin as a form of payment, citing environmental concerns.
As people become aware of climate change and appear to be ready to address environmental issues, even cryptocurrency projects are checking the impact of their operations on the environment.
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The Pi Network claims to be environment-friendly, which is one of the major reasons behind getting the attention of…
