🚀 Pi Network reduced its mining rate by 5.6% in October! 😱 This decrease was made in the protocol on March 1, 2022 and continues with monthly adjustments. 📉

🔸 Unlike other mining blockchains like Bitcoin and Litecoin, Pi Network makes monthly adjustments. This makes PI tokens more scarce, reducing the current circulating supply. 💰

🔸 The new mining rate was announced as 0.0101105 PI per hour. Pioneers can increase their mining rates by staking PI tokens and referring other users to the network. 🌐

🔸 CoinCodex price prediction algorithm predicts PI to continue rising in the coming months. A price level of $70 is predicted by the end of 2023. 📈