TEXITcoin PriceTXC

What is TEXITcoin (TXC)?

TEXITcoin (TXC) is a Layer 1 proof-of-work digital currency built for everyday peer-to-peer payments. Launched in 2024, it positions itself as a currency-first blockchain that brings crypto back to its roots as a medium of exchange rather than a speculative asset. The project is rooted in Texas and describes itself as "a Layer 1 digital currency built for the marketplace — fast, fair, and forged by a community that believes in honest money." TXC operates on a Scrypt proof-of-work consensus mechanism with a 3-minute block time and a fixed maximum supply of 353,396,296 coins. There was no pre-mine, no venture capital allocation, and no foundation tax. The project is part of the broader Honest Money Ecosystem and aspires to support a decentralized Texas economy. As of early 2026, TXC is in a consolidation phase following its initial launch, with ongoing development of its mining pool, merchant adoption, and community infrastructure.

Key Specifications & Tokenomics

• Name: TEXITcoin
• Ticker / Symbol: TXC
• Blockchain Type: Layer 1, Proof-of-Work
• Consensus Algorithm: Scrypt
• Block Time: 3 minutes
• Block Reward: 254 TXC per block
• Halving Interval: Every 695,662 blocks
• Transaction Confirmation: 6 blocks
• Pre-mine: 0.00
• Max Supply: 353,396,296 TXC
• Total Supply: 69,218,556 TXC
• Circulating Supply: 62,955,134 TXC
• Fully Diluted Valuation: $61.43M
• Launch Date: 2024
• Official Website: https://texitcoin.org/
• Blockchain Explorer: explorer.texitcoin.org

Who created TEXITcoin?

TEXITcoin was founded by Bobby Gray, also known as Robert J. Gray or "BG." Gray has a long history in alternative currency advocacy. He founded the American Open Currency Standard (AOCS) in 2008 and created the original Bitcoin coin in 2011. In 2012, he served as an expert witness before the US Congressional Domestic Monetary Services Subcommittee. According to the project whitepaper, TEXITcoin is built by a team with nearly two decades of experience in alternative currencies, manufacturing, blockchain engineering, and community building. The project emphasises grassroots engagement over institutional backing, with a stated ethos that the people who use, mine, and hold the coin shape its value. More information about the team is available on the official team page.

How does TEXITcoin work?

TEXITcoin operates as a Layer 1 proof-of-work blockchain using the Scrypt algorithm, structurally similar to the Litecoin network but tuned for everyday currency use. Miners compete to solve cryptographic puzzles to add new blocks to the chain, with each block generated approximately every 3 minutes and rewarding 254 TXC. The network requires 6 block confirmations for transaction finality. A key distinguishing feature is that TXC is exclusively mineable within Texas, creating a geographically rooted mining ecosystem. The blockchain features a deflationary emission schedule with halvings occurring every 695,662 blocks, engineered for a century-long emission curve of approximately 138 years until the final block is mined. The genesis block includes the message: "You may all go to hell and I will go to Texas." There was no pre-mine, meaning all coins must be earned through mining or acquired on the open market.

What makes TEXITcoin unique and valuable?

TEXITcoin distinguishes itself through several core principles. First, it is a currency-first Layer 1 blockchain designed for fast, low-cost peer-to-peer payments, explicitly aiming to bring crypto back to its original purpose as everyday money. Second, it has a strict no-premine, no-VC-allocation, no-foundation-tax policy, meaning all 353,396,296 coins must be earned through mining. Third, its Texas-rooted identity and exclusive mining limitation within Texas create a geographically concentrated and community-driven network. Fourth, it is part of the broader Honest Money Ecosystem, which traces its origins to Bobby Gray's sound-money advocacy dating back to 2008. The project positions itself against institutional capture of cryptocurrency, stating that "the people who use, mine, and hold the coin shape its value — not Wall Street desks." Its deflationary design with regular halvings aims to make the currency increasingly scarce over time.

What is TEXITcoin used for?

TEXITcoin serves as a medium of exchange for everyday peer-to-peer payments. It is designed to be usable at merchants, with the project stating that merchants are signing on regularly. TXC can be mined by participants who contribute computing power to secure the network, and it can be traded on various centralised and decentralised exchanges. The project envisions TXC supporting a robust economic foundation for local merchants and community members in Texas, with the broader goal of enabling a decentralised Texas economy. Users can spend TXC at participating merchants, mine it through the official pool, or trade it on supported platforms. The official buy flow involves selecting a wallet, funding it, trading on an exchange available in the user's region, and then self-custodying the coins.

How Is the TEXITcoin ecosystem developing?

The TEXITcoin ecosystem is centred on the Honest Money Ecosystem, which includes the American Open Currency Standard (AOCS) founded in 2008. The project operates an official mining pool where participants can join, earn TXC, and help secure the network using their own hardware. Wallets are available in cold storage, desktop, and web formats. The project has been actively engaging local merchants and small businesses, with the stated goal of establishing the world's largest decentralised crypto mine in Texas. TXC is listed and price-tracked on multiple third-party platforms including CoinMarketCap, CoinGecko, Crypto.com, Yahoo Finance, and others. The project maintains a blog, newsletter, press kit, and knowledge base. However, the ecosystem has faced significant regulatory challenges, including a cease-and-desist order from the Texas State Securities Board in February 2026 alleging violations of the Texas Securities Act and fraudulent sale of mining investments through a multi-level marketing structure. As of early 2026, the project sits in a consolidation zone with the initial launch frenzy having faded.

How to mine TEXITcoin?

Mining TEXITcoin requires participating in the Scrypt proof-of-work network. TXC is exclusively mineable within Texas, meaning mining operations must be geographically located in Texas to participate in block production. Miners can join the official TEXITcoin mining pool to combine computational resources, earn TXC rewards, and help secure the network. The block reward is 254 TXC every 3 minutes, with rewards halving every 695,662 blocks. The project emphasises a permissionless network where participants use their own hardware and keep their own coins. Mining is open to community members, and the project describes it as community-rewarded mining. Detailed technical guides for setting up mining equipment and joining the pool are available through the official website and knowledge base.

How to keep your TEXITcoin Coin safe?

Securing TXC requires following standard cryptocurrency safety practices. The project offers cold storage, desktop, and web wallet options. For maximum security, cold storage is recommended for long-term holdings, keeping private keys offline and away from potential online threats. Users should always self-custody their coins rather than leaving them on exchanges, in line with the project's ethos of individual control. When acquiring TXC, the official buy flow recommends picking a wallet, funding it, trading on an exchange suitable for your region, and then transferring coins to self-custody. Additional safety measures include using hardware wallets where supported, verifying all wallet addresses before sending transactions, keeping software up to date, and being cautious of phishing attempts or unofficial wallets. The project maintains a knowledge base with further guidance on wallet setup and security best practices.