#PI Pi's current price has already fallen well below the cost of mining. Currently, nearly 427,000 nodes worldwide are operating at a loss. Only a few of the earlier nodes can still cover their costs. This situation will inevitably force the price to reverse upward.

On the surface, Pi appears to have a large issuance, but the actual situation is quite the opposite. For example, accounts that haven't logged in for a long time, forgotten their passwords, and haven't linked an email cannot be recovered. They effectively contribute to Pi's scarcity in a disguised way.
Pi uses a strict decentralized KYC verification mechanism. Anyone who wants to map their mined points to the mainnet wallet must undergo a rigorous decentralized KYC review. Only after your account passes KYC can your mined Pi be queued for batch mapping to the wallet.
The first to be mapped to the wallet are the base tokens. If you lock your tokens for three years at 100%, even after they are mapped into the wallet, you will have no tokens available for use. You can only unlock them after three years.
Rewards for security circles and promoters have not yet been mapped. This slow release mechanism ensures that Pi will remain scarce.
Currently, it is very difficult for mobile users to mine even a few Pi per month, and to mine more, you can only run nodes or invite others to mine with you. However, new nodes are operating at a loss under the current price. Only after your node has been running for a long time can the reward value increase.
The design mechanism of the Pi network favors older, stable nodes. The older and more stable the node with higher computer configuration, the higher the rewards. This design allows the Pi network to operate stably during market downturns, maintaining node stability even in a bear market.
Pi is a long-term project and is not recommended for speculation; consider long-term investment.