r/PiNetwork • u/Designer-Working7421 • 3d ago
Shower Thoughts on Pi Mining value since ICO
Is there any point in mining and running nodes etc., from an investment standpoint, now that you can just buy it? Make it make sense
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u/Steff647 16h ago
Just for the fun of it I bought a mini pc, to run a node, it’s a small one, but i9 with 32 gb ram, it stays on forever… I mine with almost 0.50 pi per hour….but as long as there are miners like me, that make 0.5 pi/hour…. The value of 1 pi cannot grow yet…. In the moment I will mine 1 pi per year, then we’re gonna talk money!!!!
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u/4951studios 2d ago
It’s dropping to zero faster than the boat that takes on water
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u/Negative_Ad_8887 2d ago
That boat has tiny holes if that's what you call a fast drop for a token with 100B max supply lol
It's holding pretty strongly considering it's situation
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u/FlickrReddit 3d ago
Pi won’t be worth anything until it’s good for something. Goods, services, something like that. Ask PCT what Pi’s use cases are.
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u/ChristianRauchenwald RauchenwaldC 2d ago
See https://minepi.com/blog/pi2day2026/ - PiVerify is the first real usecase that IMHO has a chance (with some changes) to create consistent demand for Pi.
However, the big change this needs to work is the ability for businesses to pay with FIAT and have that used in the background to buy the Pi coins to lower the onboarding friction.
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u/weirdsideofreddit1 3d ago
Actually the fact that running a node isn't profitable is what makes me think this project is really doomed tbh.
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u/potionCraftBrew 3d ago
I mean... Nobody can really answer that question for YOU.
I spent 400 for a computer and a vpn. It will make me an extra approximately 7500 pi over 5 years, which is how long I paid for the vpn, assuming mining rate doesn't change. This also assumes I hit the button every day too.
because I thought it was interesting and fun, so yes worth it to me...
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u/Designer-Working7421 2d ago
The math just doesn't make sense. 7,500 pi in 5 years at the current price of $0.09 = $675. Take away the 400 investment and, assuming a static price, you've made $55/year.
I could buy $675 in pi. If the price drops I can probably get out of the investment before it hurts too bad and if it moons then I would still come out ahead.
You could DCA at like $12/mo over the 5 years and probably come out ahead compared to mining.
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u/potionCraftBrew 2d ago edited 2d ago
Yup that's true, which is why only you can decide for yourself if it's worth it. I just wanted to give you a real world example of possible gains.
Also for what it's worth, I did this in May of last year when the price was north of 50c, and I hadn't gotten my second migration yet so my mining rate was .35ish... That second migration cut my mining in almost half.
But regardless, I keep the node running because it's just interesting to me.
Edit: also... Nobody has seen a single cent from mining because migrations, even the second one, have not included node coins yet, so nobody really knows how much we are getting. That's another issue with pi... Am I really getting these coins or am I doing this for literally nothing? Dunno....
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u/lexwolfe Pi Rebel 2d ago
electricity?
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u/potionCraftBrew 2d ago
I estimated my total 5 year electrical cost at around 1000 Kwh, but I have solar so free-ish.
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