Pi Network Mining Rate Drops, Wallet Fixes, PiNet Launch

Timothy Wuich
5 Min Read

Pi Network Launches PiNet

Pi Network has introduced PiNet, a new platform designed to broaden the scope of Web3 Pi applications. This system facilitates access to Pi apps for not just its 75+ million members but also for Web2 users. Fully supported browsers include Chrome, Safari, and Brave. The goal of PiNet is to enhance network accessibility, increasing engagement with users around the globe. It is anticipated that this platform will drive adoption and demonstrate Pi Network’s utility beyond its core user base. Both the CEO and developers have emphasized that PiNet bolsters the network’s cryptocurrency presence, reaching out to mainstream internet users. This strategic move highlights Pi Network’s commitment to expanding its ecosystem while bridging the divide between Web2 and Web3.

Mining Rate Update for September 2025

The Pi Network team has announced a new base mining rate for September 2025, which has decreased by 1.23% from August’s rate. Miners can now earn 0.0027405 Pi per hour, meaning it will take approximately 15.2 days to mine 1 Pi. Without any bonuses, miners can expect to earn around 24 Pi within a year. The team clarified that these minor tweaks to the mining rates are intended to sustain a balanced supply and support the network’s growth. Despite this decrease, community engagement and network participation remain robust. Miners are encouraged to take part in LockupBoosts and other network incentives to increase their rewards.

Wallet Access Issue

Recently, users of the Pi Wallet encountered a “Failed to Load Mainnet Wallet” error after logging in with passphrases, attributed to high traffic from the LockupBoost offer. The Pi Open Mainnet team has outlined clear steps to resolve the issue. Users should temporarily disable their DNS settings, then attempt to access their wallets again, restoring their settings post-login. Additional recommendations include clearing the cache, rebooting devices, and verifying the official app to avoid phishing attempts. The team has urged users to exercise patience, as network congestion may lead to delays. These solutions aim to ensure that the majority of Pioneers can access their wallets without complications.

Market Performance Overview

Pi Network’s market performance in the past week has shown strength, with the coin trading between $0.33 and $0.40, demonstrating resilience against the broader cryptocurrency market. The price experienced a gain of approximately 2% over the week, indicating rising investor confidence. Several events have influenced this price movement. On August 31, Pi reached a low of $0.33, establishing a key support level, while technical indicators hinted at a possible rebound.

On August 28, Pi rose about 7% within 24 hours, hitting $0.36. Early September momentum continued due to network upgrades and a decrease in token unlocks, which fostered optimism about Pi’s future utility. Analysts identify support levels remaining between $0.32 and $0.35, while resistance is around $0.38 to $0.40. A break above this resistance could signal the onset of a new rally, and the positive technical indicators suggest that network developments have enabled Pi to outperform its peers.

Future Prospects

Pi Network is focused on enhancing its ecosystem, with PiNet expanding access to Web3 applications for a wider audience. Mining adjustments are in place to ensure the long-term sustainability of the network, and wallet fixes are implemented to guarantee smooth access for all Pioneers. Meanwhile, price momentum reflects resilience in a fluctuating market. The network’s roadmap is centered on expanding functionality, enhancing tokenomics, and fostering engagement. Developers are dedicated to supporting both new users and existing ones.

Through the integration of technical upgrades and community incentives, Pi Network aims to sustain its growth and solidify its position within the cryptocurrency landscape. The past week illustrates the network’s capability to navigate technical challenges, maintain a balanced mining system, and bolster market confidence. Pioneers are encouraged to engage with upcoming network features and to remain informed about wallet and mining enhancements. The network seems ready for consistent growth in both adoption and utility.

Share This Article