Pi cryptocurrency becomes the first of its kind introducing the cryptocurrency mining on mobile concept. Pi Network is a recent application developed by Standford’s P.hDs that enables its users to earn the Pi cryptocurrency by use of their smartphones. When Bitcoin was first released, a handful amount of users were able to mine the cryptocurrency very easily, by using a Bitcoin mining software on their computers. After Bitcoin’s market increased, companies started using application-specific integrated circuit (ASIC) miners and integrated these into enormous servers to mine the cryptocurrency. The industry formed a monopoly and did not allow conventional users to
