How do I mine Pi

How do I mine Pi?

Press the mining button (or lightning icon) to start a 24-hour mining session. After the 24-session is over, you may press the mining button to start a new mining session. 

When can I withdraw?

You cannot withdraw Pi yet. You will be able to withdraw Pi or exchange Pi for other currencies in Phase 3 of the project when Pi transitions to a fully decentralized blockchain.

Pi launched Phase 1 of the project on 3/14/2019 (Pi Day). During Phase 1, your balances are being recorded with a guarantee of being honored when Pi transitions to the Mainnet (Phase 3), unless there is violation of Pi policies, e.g. creation of fake accounts. Transfers of Pi are restricted until we reach the Mainnet to prevent bad actors from accumulating Pi from fake accounts. For example, a bad actor could mine from fake accounts, transfer the Pi to a legitimate account, and then pass through Pi’s account verification process despite their illicit gains. We are still refining the exact development timeline for the project. For more details, please refer to the Roadmap section of our White Paper: https://minepi.com/white-paper

How can I exchange Pi for fiat currency?

There is currently no place to buy or sell Pi. In other words, Pi is not on any trading exchange.

Please be careful of scam websites that claim to trade or exchange Pi. 

You can currently earn Pi by clicking on the mining button every 24 hours, and by building your security circle, and by inviting new members to join your earning team. 

When can I transfer Pi?

In-app transfers are currently not available yet. Please be careful of scams that claim to sell or transact in Pi Network coin. We will make an announcement in the app when transactions will be available. 

Only a small number of Pioneers that were part of the pilot program have the ability to transfer Pi. Selling or trading Pi for fiat or cryptocurrencies is a violation of the terms of service. Please report these violations.

Why isn’t my Pi increasing?

You can see a counter at the top of your app screen with your balance of Pi, which you will see increase if you are presently mining. The counter may be stopped if we are in Pi Lite Mode, when we are performing maintenance.

The lightning button will show your mining rate, which will change depending on the number of active miners on your earning team. The lightning button will be green when you are presently mining.

Why has my Pi balance decreased?

A Pi balance may decrease if you sign out of the app before the end of the 24-hour mining session. In other words, you may lose the Pi that was mined from the beginning of the mining period to the time you signed out. There should be a warning message before you sign out. The best time to sign out of the app is after the 24-hour missing session, so that you don’t lose what you have mined for the day. 

Another reason could be that you may be in temporary Lite Mode which shows you the balance at your last tap on the lightning button when the mining session starts, making it look like a decrease in your total Pi. Your Pi balance is safe and will be updated when the app returns to full mode.

If this does not explain why you may have seen a reduction in your Pi balance, please submit a support request.

When I signed in, my Pi balance was 0. What happened?

It’s likely that you created a new account, rather than signing into your original account. Please read the related article How to sign in - I forgot how I signed up.