Pi Network Cuts Mining Rate to Record Low and Pushes Lock-Up Rewards in August Update

The Pi Network has officially slashed its mining rate once again, this time by 8%, reaching the lowest rate in its history. As of August 1, the new base rate now sits at 0.0027746 π/h — down from the previous 0.0030165 π/h. 

The move comes amid broader efforts by the Pi Core Team to control token emissions and enhance ecosystem sustainability, particularly during a period of growing supply and high user expectations.

Alongside this mining rate cut, the team is once again urging users to voluntarily lock up their Pi tokens to potentially earn greater mining rewards — up to 200%, depending on the duration and proportion of locked funds. But is this technical shift enough to satisfy a community that’s increasingly anxious for major developments?

Read Also: Pi Network Price Holds Support — Is A Trend Reversal Near?

Key Takeaways

• Pi Network reduced its mining rate by 8% to 0.0027746 π/h as of August 1, 2025.
• Users are encouraged to lock up Pi tokens for reward boosts of up to 200%.
• Over 19 million new Pi tokens entered circulation, with the total supply now exceeding 7.76 billion.
• Critics say the update is “filler” and want progress on listings and utility.
• Pi Coin price dropped nearly 14% in the last 24 hours, trading around $0.349.

Pi Network’s Lowest-Ever Mining Rate: What It Means

This latest adjustment reflects the Pi Core Team’s ongoing effort to align mining rewards with the long-term health of the network. As more tokens are migrated to the mainnet and supply continues to increase, reducing the emission rate helps avoid oversaturation in circulation.

The newly reduced rate is part of a broader trend that has seen Pi’s mining speed slow down over the years. According to community tracker Woody Lightyear, this is now the lowest recorded mining speed since the network’s launch.

While the rate reduction may feel insignificant to casual users, for dedicated pioneers — especially those actively mining or managing nodes — it represents a recalibration of expectations and potential future returns.

Lock-Up Reminder: How Users Can Boost Their Mining Rate

To soften the impact of slower mining rewards, Pi Network continues to promote its voluntary lock-up mechanism. This allows users to earn a higher mining rate by committing their tokens for a longer period.

There are two main lock-up pathways:

1. Pre-Mainnet Lockup: Set within the app under the “Mainnet” tab for users who haven’t migrated yet.
2. Post-Mainnet Lockup: Managed through the Pi Wallet and applicable only after migration.

Both follow a standardized reward calculation as described in Pi’s whitepaper. Lock-ups cannot be reversed once committed, making them a long-term signal of user commitment to the ecosystem.

Community Frustration Grows Over Lack of Major Progress

Despite the mining update, a growing portion of the Pi community feels that these small changes are masking deeper delays. Critics, including Woody Lightyear, have voiced concerns that recent app features and UI tweaks are more about maintaining engagement than delivering real progress — such as exchange listings or expanded utility.

Still, there have been small wins. TransFi recently joined Banxa and Onramp Money as fiat on-ramp providers in the Pi Wallet, allowing users to buy Pi using common methods like credit cards, Apple Pay, and Google Pay.

Additionally, the appearance of Binance-related support categories in the Pi Wallet has stirred speculation that a listing or partnership may be closer than the Core Team is letting on.

Read Also: Pi Network Coin News: Insider Info, Sell-Off Rumors

Token Supply Grows, Price Falls

On August 1, over 19 million Pi tokens entered circulation, bringing the total supply to more than 7.76 billion PI. This spike in available tokens came as the project continues its monthly unlock and migration schedules.

However, the increase in supply coincided with a notable market pullback. Pi Coin has lost nearly 14% in the past 24 hours, dropping below key support levels and trading at around $0.349 at the time of writing.

Whether this dip is temporary or part of a larger trend remains to be seen. But with supply rising and no major CEX listings confirmed, concerns about price pressure are growing louder.

Final Thoughts

Pi Network’s latest mining rate cut is a deliberate move to manage token inflation, but it also underscores the slow pace of visible development. While lock-up rewards offer better incentives for long-term users, the broader community is watching closely for signs of real-world utility and centralized exchange listings.

Until then, small updates like these — no matter how strategic — are unlikely to fully satisfy a base that’s been waiting years for mainnet momentum.

Read Also: What is Happening to Pi Network? 

FAQs

What is the new Pi Network mining rate for August 2025?

The mining rate has been reduced by 8% to 0.0027746 π/h, the lowest in Pi Network history.

How can I increase my Pi mining rate?

You can voluntarily lock up your Pi tokens for a fixed period. The more you lock up and the longer the duration, the higher your mining bonus — up to 200%.

Is the Pi Network lock-up permanent?

Once committed, both pre- and post-mainnet lockups cannot be reversed. They are designed to encourage long-term thinking.

Has Pi Coin been listed on Binance?

Not officially. However, some Binance-related support options have appeared in the Pi Wallet, sparking speculation about a potential listing.

What is the current price of Pi Coin?

As of early August 2025, Pi Coin is trading around $0.349, down nearly 14% in the last 24 hours.