December Sees Surge in Pi Network Mining Rate
Pi Network's Mining Rate Rebounds in December
After six consecutive months of losses, Pi Network (PI) saw its mining rate rise in December, marking a significant change after a prolonged downturn.
Mining Pi Takes Longer Than 13 Days
A dedicated Pioneer tracking Pi's mining rate reported that December's base mining rate increased to 0.0031296 π/hour, a 13.59% rise from November's rate of 0.0027551 π/hour. This surge is the highest since the introduction of the dynamic mining formula in March 2022, breaking a two-year decline.
“It now takes about 13.3 days to mine 1 Pi, and 27.4 Pi can be mined in 1 year without bonuses,” noted AKE1974 π.
Another prominent account, Dao World, validated this data. The statistical chart indicates a notable shift in the Pi ecosystem.
The mining speed had been declining due to an expanding user base reducing rewards. However, December's reversal suggests some miners are pausing their activities, opting to purchase Pi instead of mining, driven by its current low price of $0.23, a significant drop from March's nearly $3 value.
“People find buying Pi easier and more cost-effective than mining,” stated Pi Network Academy on X.
Pi Network Nodes Surge in 2025
In 2025, Pi Network has seen a tenfold increase in active nodes on its mainnet. From March's 23 nodes, the number has grown to 296 by December, with significant presence in Vietnam, South Korea, Hong Kong, and the U.S.
This growth reflects investor confidence in the network's future, as the Pi Core Team has expanded node-related applications through investments such as in OpenMind.
“This growth underscores that Pi Network is evolving with substantial progress fueled by active Pioneers,” commented JB Exchange on X.
Despite the price falling over 90%, Pi's journey towards recovering its previous highs continues.