Over $1 trillion of a precious and highly desirable metal is ready and waiting to be mined on the moon – and it’s not gold, according to researchers.

A massive pile of platinum has accumulated under the moon’s surface, according to a paper published in the journal Planetary and Space Science.

Lead researcher Jayanth Chennamangalam tells New Scientist that the trillion-dollar estimate stems from findings that around 6,500 lunar craters, each at least 1 kilometer wide, contain significant platinum group metal (PGM) deposits from asteroid impacts.

The study spotlights the commercial potential of resources in space, which could attract private investment and reduce reliance on government funding for space exploration.

And lunar mining could be far more viable than extracting resources from near-Earth asteroids, with the moon offering a vastly larger number of potential mining sites.

Beyond its appeal in jewelry, platinum is coveted for its strength and vital use in high-tech applications, powering everything from clean energy solutions to life-saving medical equipment.

The precious metal’s price has soared this year, climbing over 30% to around $1,400 per troy ounce, driven by a global supply deficit and rising demand from the automotive and jewelry sectors.

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However, numerous users find nothing in their accounts. The problem has caused a wave of complaints on the internet and a call for concrete explanations.

Users Report Missing Pi Balances

According to community reports, hundreds of posts show zero tokens even after following every step. Some users say they waited days. Others say they’ve waited weeks. All of them finished KYC and locked in their accounts on mainnet. Yet their wallets still read “0.00 Pi.” The lack of visible tokens has left many feeling shut out.

Stop talking nonsense. I don’t want to hear it. Give me back that damn $Pi. I’ve worked hard for six years. You still haven’t mapped it for me until now. What’s your reason for constantly delaying? Mapping is the right of every pioneer. Hurry up and map it #Pinetwork
Oh my god. pic.twitter.com/FBQiWAPtwF

— HaiFeng Chen (@haifeng8283) June 5, 2025

Wallet Confusion Deepens Concern

Based on reports, some accounts now link to more than one wallet address. That has users scratching their heads. One person found two wallets under the same profile. Another spotted three. It’s raising questions over how safe the system is. Users are worried they might lose tokens or fall into a trap.

Foundation Moves 277 Million Pi Coins

Blockchain data shows that the Pi Foundation’s wallet ending in “ODM” transferred 276,500,000 Pi coins recently. A withdrawal of 7,380,000 Pi by the same address happened today.

According to on-chain records, weekly withdrawals of large amounts have taken place from OKX exchange. The purpose of these moves remains unexplained by the Pi Core Team.

Community Demands Clear Answers

Community members note it’s been three months without a detailed update from the project’s leaders. They want dates, explanations, and plans. Some posts urge the team to post a public timeline. Others demand live Q&A sessions. The calls are loud enough to push the topic onto the trending list on social media.

Team Issues Wallet Safety Tips

Pi Network’s support channels recently posted a list of wallet safety tips. They discussed good practices for passwords and how to identify phishing. But they failed to address why tokens are concealed. The tips also failed to discuss the sudden emergence of numerous wallets per user.

What Happens Next

Based on user feedback, the project will likely face pressure in the coming days. Some community members say they will pause mining until they see their balances. Others say they’ll shift their attention to rival projects.

Nothing has been confirmed by the Pi Core Team beyond the safety note. It remains unclear when users will see their Pi tokens or receive a full breakdown of those massive transfers. The situation will be one to watch as the network works to rebuild trust.

Featured image from Unsplash, chart from TradingView