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#PI #PI To be honest, I want to make some adjustments here. When you mention that the supply of Pi is 100 billion as the total supply, that is incorrect. This is the max supply.
The total supply of Pi is 10 billion. The circulating volume is distributed as follows:
67 billion - 50.6 billion locked.
Currently, only 1.64 billion have been unlocked, of which more than 260 million have still not been claimed. So, from a technical point of view, the circulating supply of Pi is only 1.38 billion.
Moreover, when we say that the max supply of Pi reaches 100 billion, please refer to the white paper. The white paper states that only 65 billion will be issued. Of these 100 billion, @PiCoreTeam will issue only 20 billion, and this will also be unlocked at a rate of 20% of the total circulation at any given time.
Moreover, when we say that Pi has a max supply of 650 billion that can be minted, we must know that with separate mining, minting 1 Pi takes almost 10 days.
Furthermore, the base mining rate will decrease every month. Thus, depending on the ecosystem's activity, it is currently possible to mine only 2-4 pi per month.
With the development of the network, this mining speed will continue to decrease.
Thus, primarily, if a person mines 4 pi in March 2025, by December 2025, they will only be able to mine 1-2 pi per month.
Thus, essentially, if this mining mechanism continues, it will take decades or even hundreds of years to mine all 65 billion max supply.
The mistake people make is that they do not read things and make quick conclusions.