Good news for the minor of the PI network, because the basic extraction rate has just increased by 0.93%, giving the pioneers a gold chance to earn more IP before the offer is tightened again.
And if you are looking to make the most of this increase, here are 4 simple and effective means to increase your PI extraction rate. Also see how a minor can win with this new mining rate in one day.
The Pi extraction rate increases by 0.93%
Recently, Pi Network announced that the basic extraction rate has increased from 0.0029887 ft per hour to 0.0030165 ft per hour. This update shows that the supply of tokens last month was not fully exploited.
Thus, this month is a good window to exploit as much as you can before the food is tightened again.
But the extraction rate is not only to press the Lightning button daily. It is a question of strengthening your safety, of constituting a team and so on …
So what can you do to make the most of this moment?
4 simple steps to increase your PI operating rate
Step 1: Strengthen your safety circle
The first and most important step is to complete your safety circle with at least 5 trust connections. Each active member you add gives you a 20% increase to your basic extraction rate, up to a maximum of 100% when you have five active members
This not only protects the network, but gives your mining rate a healthy elevator.
Step 2: Cragdre your reference team
Pi Network rewards you for helping the community to grow. Invite friends or family to use PI using your reference code. Each person you invite who actively add a 25% bonus to your operating rate, and there is no limit to the number of people you can invite
Step 3: Get to lock the awards
If you want to take your even higher operating rate, agree to lock some of your PI parts for a defined period. The longer your locking, the larger your bonus. For example, some users have increased their extraction rate by more than 600% by locking their PI for three years.
Step 4: Keep your team active
Do not forget your old references! Remind your team to continue to exploit daily. The more they type, the more your rate also increases.
How much a minor can win in one day
Given the new increase in the extraction rate, here is how a minor can win in one day. With the new basic extraction rate of 0.0030165 ft per hour, a single minor can operate 0.072396 ft in one day (24 hours).
If a minor fully implements the four strategies, a minor could increase daily income by approximately 0.072 ft to around 0.67 ft per day, which is a boost of 9x, depending on the activity of the team and the choices of locking
From now on, the Pi Coin value is about $ 0.5 with a market capitalization reaching $ 2.96 billion.
