PCM Sign-in Mining: Your Gateway to Daily Rewards

4 min readMay 12, 2024

Welcome to PCM Wallet’s sign-in mining feature, where you can earn PCM tokens effortlessly every day. Let’s dive into how it works and how you can maximize your rewards!

Earning PCM Tokens:

Signing in to your PCM Wallet daily is the simplest way to earn PCM tokens within our ecosystem. It’s a seamless process that allows you to accumulate tokens without any hassle.

The Importance of Daily Sign-in Mining:

PCM sign-in mining acts as a gateway, onboarding users from Web2 to Web3, allowing everyone to earn PCM tokens freely. These tokens can then be used as gas fees for on-chain transactions, enabling users to participate in various activities within the PCM ecosystem.

How Sign-in Mining Works:

Daily Mining Rewards:

Users can sign in to PCM Wallet and go to the mining session. Click the “mining” button every 24 hours to access the daily reward pool. This pool is replenished daily, ensuring continuous rewards for active participants.
The PCM reward will be calculated and released to the balance of the PCM mining page at 00:00 (UTC+8) every 24 hours. You can check the details of your mining history and the total miner network reward distribution on the history page.

Reward Pool Allocation:

A reward pool of 30,000,000 PCM tokens is allocated for sign-in mining activities. This pool is dedicated to rewarding users for their daily engagement with PCM Wallet.

Reward Distribution Mechanism:

Rewards are distributed based on daily participation, with each user’s share determined by the total number of active miners. This means that the more users participate in sign-in mining, the smaller the share of rewards each user will receive. As the miner network grows, the daily mining rate for each user may decrease gradually. This mechanism ensures that rewards are distributed fairly among all participants while maintaining the scarcity and sustainability of PCM tokens earned from daily mining.
Additionally, monthly reduction adjustments, set at 3%, further contribute to maintaining the scarcity of PCM tokens by reducing the daily mining rate over time. Furthermore, sign-in mining distribution will last for 10 years, ensuring the sustainability of our ecosystem development.

Flexibility:

Sign-in mining rewards come with no lock-up period, allowing users to transfer their tokens to the mainnet after 30 days of mining. This flexibility empowers users to manage their rewards according to their preferences.

Expanded Earning Opportunities:

With 215,000,000 PCM tokens allocated for ecosystem rewards, apart from basic daily mining activities, users can earn much more PCM tokens in various ways within the PiChain Global ecosystem. These opportunities provide users with diverse avenues to increase their token holdings and actively engage with the ecosystem. Some of the ways to boost your PCM token earnings include:

Invitation System: Invite friends to join the PCM Wallet and guide them in completing tasks to earn rewards for successful referrals. Both you and your friends can earn at the same time!
PiNFT Airdrops: Hold PiNFTs to participate in exclusive airdrops and earn additional PCM tokens.
Interact with dApps: Engage with decentralized applications (dApps) within the PCM Ecosystem and earn rewards for your participation.
PCM Guild: Join PCM Guild and contribute to the growth and development of the ecosystem while earning rewards.
Twitter Giveaways: Participate in our Twitter giveaways for a chance to win PCM tokens and other exciting prizes.
And More: Keep an eye out for additional opportunities and promotions to earn PCM tokens, as we are continuously introducing new ways for users to participate and benefit from the PCM ecosystem.

In summary, PCM sign-in mining offers users a convenient way to earn daily rewards while actively participating in the PCM ecosystem. Whether you’re a seasoned crypto enthusiast or new to the world of digital assets, sign-in mining provides an accessible entry point to token accumulation and ecosystem engagement. So don’t miss out on this opportunity to start earning PCM tokens today!

FAQ:

What happened to PCM points mined from PiChain Mall previously?

During the pre-mainnet phase, more than 700,000 users accumulated PCM points through various PiChain Global DApps. This collective total of 15,000,000 PCM points will seamlessly migrate to PCM Wallet with corresponding conversion ratios. To facilitate this migration process, users are required to bind their email in PCM applications and merge accounts with their PCM Wallets.

Can I boost my mining rates by inviting more users to join?

Mining rates cannot be increased by inviting more users to join. However, you can still invite users to join PCM Wallet and guide them to complete tasks. By doing so, both you and the invited users can earn PCM invitation rewards! Inviting friends not only expands the PCM community but also allows you to earn rewards together. For more information on how to invite and earn rewards, please refer to our tutorial: Invite and Earn with PCM Wallet.