Inside TEXITcoin's community-powered Texas mining project
Friday, January 23, 2026
Robbie Rue outlines TEXITcoin's plan to crowdsource a 100M MH/s, Texas-based PoW network and how daily mining rewards reach members, with updates on funding, hash rate, listings, ultra-low fees, and real-world use cases.
- Vision: Build the world's largest privately owned crypto mine (target 100M MH/s) on a permissioned Layer 1 PoW chain in Texas, with ~35 sites for redundancy and a stable base for L2s. - Progress: 58k community members; $146M+ raised; ~23% of the project sold; ~5 TH/s live (~7 TH/s installed); ~94,000 TEXITcoin mined daily and distributed; $65M+ in rewards paid. - Funding and ethos: Crowdsourced ownership, anti-influencer stance, U.S.-built chain; mission to enable community currencies and keep value local with minimal fees. - Tech and utility: Litecoin-based chain with near-zero fees (micro-transfers possible); fast peer-to-peer payments demonstrated via cross-border and contractor examples. - Market and access: Listed on multiple exchanges (see CoinMarketCap); price history from ~$0.028 to $7 and retrace; long horizon with ~135+ years of daily rewards. - Leadership/news: Founder Bobby Gray (honest-money advocate) is abroad in Germany advancing outreach; ongoing Texas site maintenance (e.g., Conroe) as expansion continues.