Sible Network Promotes 0.1 Sible Per Hour Starting Mining Rate

Sible Network launches with a 0.1 Sible per hour mining rate and a four-month halving schedule.

Sible Network has announced a starting mining rate of 0.1 Sible per hour as it launches its mining model, according to a post from the project account open mainnet.

The post compares Sible Network's initial rate with Pi Network, stating that Pi began at 3.14 Pi per hour on Pi Day in 2019. It also emphasizes that Sible's supply is designed to become scarcer through a scheduled halving mechanism.

Sible Network Sets Four-Month Halving Schedule

According to open mainnet, Sible Network will halve its mining supply every four months. The project is encouraging users to begin mining before each scheduled reduction in the mining rate.

The initial rate of 0.1 Sible per hour is therefore presented as the starting point for the network's mining model. The post does not provide additional details about the total Sible supply, the precise amount of each subsequent mining rate, or the technical mechanism governing the halvings.

The project's announcement uses the term "scarcer" to describe the effect of the scheduled reductions. That description reflects the project's stated markets supply model rather than an assessment of Sible's market value or future demand.

Pi Network Used as a Point of Comparison

The announcement references Pi Network's early mining history as a comparison. According to the post, Pi Network started at 3.14 Pi per hour on Pi Day in 2019.

Pi Network's launch and early mining model have been frequently referenced in discussions about mobile-based cryptocurrency mining. Sible Network's post similarly frames its initial mining rate and scheduled halvings as part of its own early-stage distribution model.

The two figures, however, are not directly equivalent measures of economic value. A mining rate only describes the amount of a token generated under a particular network's rules and does not by itself establish a token's market price, liquidity or eventual value.

Early Mining Encouraged Ahead of Halvings

The Sible Network announcement specifically urges users to begin mining before the next halving, reflecting the project's four-month reduction schedule.

Because the post does not specify the exact dates of future halvings, the timing of the next reduction cannot be determined from the information financial provided. It also does not state how the mining rate will change after the first four-month period.

For now, the stated starting rate remains 0.1 Sible per hour, with supply reductions scheduled at four-month intervals according to the project's announcement.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.