The PINIX App, a third-party application within the Pi Network ecosystem, has announced a major update to its cloud mining service, claiming to increase overall mining returns to 151.314% over a 30-day cycle. This represents a significant jump from the previous stated return of 134.314%. The new daily profit rate has been set at 5.044%.
The announcement immediately sparked a mixed reaction within the Pi Network community. While some users viewed the increased profitability as an opportunity to expand their PI holdings more rapidly, others expressed deep skepticism and caution. The model was labeled a potential scam by some community members, with concerns centered on the sustainability of such abnormally high yields. The interaction on social media was noted as cautious rather than enthusiastic.
The PINIX team stated the update aims to enhance mining efficiency and encourage users to maximize the use of both $PI and $PINIX tokens. The service operates on a cloud mining model, requiring no physical hardware from users. The system accepts PI deposits and returns profits over a set period. As an example, the team illustrated that a deposit of 1,000 PI could grow to over 1,500 PI within 30 days.
This promise of high passive income is set against a backdrop of significant red flags. The broader crypto market often scrutinizes programs offering yields above 150% in a month, as similar models have historically failed, relying on new deposits rather than genuine revenue generation. PINIX has not released audited financial information or disclosed the sources of its revenue, creating confusion and doubt among potential users.
The news is further contextualized by Pi Network's own controversial status—a mobile-based mining project focused on accessibility but with limited real-world utility. This context directly influences how third-party applications like PINIX are perceived. Analysts and cautious observers warn users to treat high-return offers as inherently risky, emphasizing the importance of transparency, clear tokenomics, and long-term sustainability over immediate, spectacular profits.
