Bitcoin was first created by Satoshi Nakamato in 2009. Now a single Bitcoin measures as much as $7,082.05. This currency is a great way to make some earnings. But mining it is difficult.
There are a lot of problems like mining equipment and the amount of investment. Moreover bitcoin isn’t an environment friendly currency. That is why the popularity of bitcoin waned. Now the new cryptocurrency Pi is on the rise.
Pi was created by three Stanford Ph.D. graduates: Dr. Nicolas Kokkalis, Dr. Chengdiao Fan and Vincent McPhillip in 2019. And Pi is everything that Bitcoin is not. It is environment friendly and easy to mine. Though it does not value as high as bitcoin, it is easier to make pi than it is to make bitcoin. There is a specific way to mine it, 100M downloads on an app will make it a legit currency. It is a nice way to get started. You can download that app from this link – https://minepi.com/nopap
There are only 21 million bitcoins in the world to get mined. It is an exclusive currency, but its mining causes emission of CO2 which is harmful to the environment. Also there are other cryptocurrencies called altcoins, such as Litecoin, Dogecoin and Ethereum. These currencies are also rare and hard to find.
Dr Fan, one of the creators of Pi, has huge hopes from the currency. He said – “My hope for Pi is the establishment of an inclusive economy for global citizens to unleash and capture their own value, and in turn, create value for society”.
To make Pi legitimate, the app needs 100M downloads. Once that mark reaches, the value of pi will increase by 0.1 pi per hour. It can reach as high as one pi= $200 soon.