TEXITcoin is a fast-growing layer 1 cryptocurrency project.
Fast growing? See the 1 year chart!
https://coinmarketcap.com/currencies/texitcoin
TEXITcoin has been going up about 40% per month for the last 9 months. Since it started, it’s now gone up 100 times, from 2.8 cents to $2.80.
We call TEXITcoin a “Bitcoin do-over”. We are fixing what we see are the biggest problems of Bitcoin.
Bitcoin is great. We love Bitcoin. But we think we can do it better.
One of the best features of Bitcoin is the low fees. To trade a million dollars worth of gold can cost about half of 1 percent, or about $5000. But to trade a million dollars worth of Bitcoin can cost only about $5. That’s amazing savings.
But that’s also a problem. It still costs between $2-$5 just to get on the blockchain, regardless of the size of the trade, including trying to buy a cup of coffee with Bitcoin, which explains why you can’t really use Bitcoin as money. It’s also too slow. It takes 40 minutes or longer to confirm a trade.
Why does it cost so much? Well, Bitcoin mining uses up half of 1% of the world’s electricity, or about $10 billion per year in electricity. But they only earn about $300 million in transaction fees. You can see the problem.
Bitcoin can’t fix that. They don’t want to. They need to increase the fees. So they have no incentive (nor any real power) to change things like increasing the block size to handle more trades. Bitcoin exists as a fixed open-source computer program, and anyone can mine it. But as the blockchain rewards continue to go down, their trading fees need to go up to compensate.
That’s the key problem we are fixing with TEXITcoin: this design flaw of Bitcoin that will get worse as time goes on.
How are we doing that?
TEXITcoin is building a much smaller mine that will have far lower operating costs, and thus, far lower trading fees. As people are calling Bitcoin “digital gold”, we are building something like “digital silver”. Silver always was the workhorse of honest money. Most trades were conducted in the form of silver.
We are not the first to make this attempt. Ethereum and Litecoin also aim to provide lower fees.
But our fees can be even lower. The current fee to trade is 0.00001 TEXITcoin. With lower fees, the goal is to create better monetary properties, and thus, more monetary demand. More monetary demand leads to a much higher price for TEXITcoin.
Our mine will be large, but manageable and modest in size.
We are crowdsourcing a crypto mine that will be 100 million mega hash in size. What does that mean? In other words, we plan to raise $1 billion and spend about $100 million dollars on computers to build our mine.
When TEXITcoin started, this was going to be about 1/13th of the size of the Litecoin network. But in the last year, their size has doubled, so we will now be about 1/25th of the size of the Litecoin network.
Another way to explain the size is that it will require about 35 sea containers, each filled with 200 high-end, modern L9 ASIC Bitcoin mining computers, plus a large network of computers in people’s homes.
Furthermore, to reduce electrical costs, we will be mining Litecoin, but they can’t mine TEXITcoin. This is estimated to pay for about half of our electricity.
So our costs will be about 1/50th of the costs of the Litecoin network, and our costs and thus our fees may be even less. We are also planning on mining Dogecoin to further reduce electrical costs.
The goal is to limit the mine by limiting the number of people who can join. This is a significant change in the cryptocurrency space. Once the mine is funded, no more people can join the mining pool. The plan is literally to say “no” to further capital investments. So big money will have no choice but to buy the coin if they want to participate after the mine is fully funded.
These are multiple technological innovations designed to create the best cryptocurrency in the world. We will see.
As of today, the price of TEXITcoin has been increasing by about 40% per month for the last 9 months. Of course, growing at 40% per month can’t go on forever. Small things can grow fast, but bigger things, not so much.
The plan is to do that only for the next 6 months or so until the mine is funded and built.
How is TEXITcoin doing this? Why is it so successful?
It’s actually the plan from the beginning.
https://help.minetxc.com/the-path-to-16-by-february-2026
In summary, the goal is to raise $1 billion to fund the mine. The assumption was that if they raised $1 billion, then the market cap should be at least $1 billion.
But TEXITcoin is actually doing better than that. They have raised $47 million and the market cap is higher, a multiple, at $146 million.
See statistics at https://minetxc.com/statistics
So back to the plan. The plan was to raise the money by February, 2026, and get there by growing steadily, and exponentially.
The next calculation was to determine how many coins would be issued by the mine by February, which will be about 60 million coins. $1 billion divided by 60 million gives a target price of $16.66 per TEXITcoin.
The point is that there is a plan in place to move up the price of the coin by about 40% per month until about February, 2026. Of course, there are no guarantees, but the plan appears to be working so far, because there is exponential growth across several metrics.
First, the price is going up…
Second, the amount of capital being raised is going up. Last week, MINETXC raised $5 million. A month ago, they were hitting records of $2 million a week.
See https://minetxc.com/statistics
Third, people are joining like crazy. Last week, a record of 421 miners joined in a single day. It took nearly 8 months for the first 400 people to join the project. So now, there are 18,647 miners, and growing rapidly.
See https://minetxc.com/statistics
Why are people joining so fast?
Well, for $1000, if you buy 100 hashpower, you get about 1.3 coins per day. At $2.88 per coin this works out to about $3.75 per day, today.
This is not guaranteed. It seems to vary from between about $3 to $5 per day. At $4 per day, the time to get your money back appears to be about 250 days. But there are two other factors to take into consideration.
The mine produces about 95,000 coins a day. Those coins are distributed to all the miners, based on the amount of hashpower that each person owns. So as the number of miners doubles, the coin payout gets cut in half. This is compensated for, by an increase in the price, but again, that’s not guaranteed. But it partly explains why the coin value has to increase.
So as the coins that you mine go up in value, the payback time is considerably less than the projected 250 days. It usually works out to about 125 days or so, or about half the time. After that, it’s all profit.
The mine is projected to continue earning TEXITcoin as block rewards for the next 138 years, so this becomes passive income.
Mining is not an investment account. It’s more like a donation or a gamble, but it’s becoming less risky every day as the project continues to prove up the concept.
The point is that you don’t get a $1000 investment account. It’s a sunk cost. The money is spent on buying computers and paying out advertising costs. Again, to see where the money goes, see https://minetxc.com/statistics
That page is like an annual report, but updated every minute in real time. It’s also revolutionary.
There is another way to participate. You can buy the coin itself. That might be considered more like, or similar to, an investment, because if you buy $1000 worth of TEXITcoin, you still have something that is liquid, and trades, and is worth around that same $1000. Of course, the price can vary.
The coin trades on dex-trade.com and bitmart.com
https://dex-trade.com/spot/trading/TXCUSDT?interface=classic
The coins appear to be better in the short term. If they continue to go up by 40% per month, you might double your money in about 2 months. If it works out. IF! In contrast, if you join the mining pool, it can take 4 months just to get your money back, and get back to “break even” with the mining. But the mining could be a much better long-term opportunity, and it’s hard to know exactly. Also, we do need to crowdsource the mining to keep the project going.
Most people want to do the mining. And there’s nothing you have to do, because it’s a mining pool. You don’t have to set up any computers or run any program. All of that is handled for you. The main job of the miners is to keep their cold storage coin safe, and to put it into a vault. It’s a way to keep your crypto passwords safe and offline, off the exchanges that can go bankrupt.
We recommend that people do both, both joining the mining and buying TEXITcoin.
Another benefit of mining is that it comes with an affiliate marketing plan, so you can earn cash as USCD stable coin crypto, more hashpower, or TEXITcoin if you share this opportunity with others.
Another way to look at the benefits of mining, is that it’s a bit like buying an annuity. A comparable annuity that pays about $5/day can cost between $36,000 to $50,000, but the TEXITcoin mining opportunity only costs $995.
You also end up with TEXITcoin, not dollars. TEXITcoin is going up. Dollars are going down in value.
So what TEXITcoin is doing is something revolutionary and different. They realize that there is more value in the people than in the computers. A cryptocurrency only has value if the people value it. To generate this network effect, they are selling the mining opportunity through network marketing. This works, and is like paying for ads after they work.
$1000 worth of mining does not pay out very much. It’s comparable to a daily cup of cheap black coffee.
$9000 can be life-changing. Currently, there is an offer where if you buy 9, you get 2 free, so 11 hundred hash power. At $4/day, that’s $44/day. That’s enough to be rent money. For life.
As people decide to buy in, one of the common questions is, “How easy is it to sell?” Or, “What is the liquidity like?”
When we bought in 9 months ago, the liquidity was $10,000 a day. About a month ago, it was $55,000. Today, the liquidity is about $100,000 daily and on two exchanges, both bitmart.com and dex-trade.com. The liquidity is growing, but it appears a bit low, given the market cap. But that’s natural for a project where the price is going up 40% per month, because who wants to sell something like that?
As our project matures, we see that more people are buying the 9 packs. That’s likely because the project is no longer quite so little and not so risky. At the present moment, we see fast, exponential growth, growing popularity, and a nearly proven concept and business plan.
As is everywhere in life, there is always risk. Do not put in more money than you can afford to lose.
This is my 14th article on TEXITcoin. The index of prior articles is listed here:
https://revealingfraud.com/category/texitcoin/
If you are considering buying in, here’s how:
You can also signup with an ACH transfer here:
https://txclimited.com/?sponsor=JHOMM&sponsor_id=JHOMM
If you have any further questions, I would be happy to help answer them.
Jason Hommel (530) 559-2974
If you are ready to sign up, Jennifer is happy to help you with that process.
Jennifer Hommel (214) 883-6550