Miners Update: Week 93
🚀 Welcome to Week 93: A Pivotal Moment for Texitcoin
Hello Miners, and welcome to a special edition of the Miners Update! I'm Bobby Gray, and we're kicking off Week 93, a week we've all been anticipating. The new year is here, the holidays are behind us, and the path forward is clear. Things are heating up, and this week is critically important for our journey together. We'll be meeting often to break down the big moves we're making, from Layer 2 progress to crucial updates that will drive us forward.
I want to be crystal clear: while I'm making moves on Phase Two, Phase One is not being left behind. I'm not sweeping anything under the rug. I've been here with you from day one to build this thing, and I'm committed to seeing it through with integrity and transparency.
💡 What Exactly IS Texitcoin? Let's Clarify.
As you talk to friends, family, and coworkers, it's vital to have a simple, duplicatable story. Getting tripped up on questions about white papers or tokenomics can be frustrating. So, let's reset.
Texitcoin is an original Layer 1 crypto, much like a 'Bitcoin redo.' Imagine getting in a time machine and going back to 2011 when Bitcoin was just a few dollars—that's where we are. We're navigating the same growing pains, but with a critical difference: we're building this in America, for Americans, with people who care about honest money. We are picking up where Bitcoin's original mission of being a peer-to-peer digital monetary system left off.
It's a unique hybrid of crowdsourcing, an affiliate program, and a community-building crypto project. It's NOT:
- ❌ A get-rich-quick scheme.
- ❌ A pump and dump.
- ❌ An MLM with recurring fees.
- ❌ A memecoin or NFT project.
We're building something real, with lasting value and utility.
📈 The Four Pillars Driving Our Growth
With the holidays officially behind us, we can now focus entirely on the four key pillars that will propel us back onto the path to $16 and beyond. This week, we will dedicate a call to each one.
1. The Price 💰
Price is a powerful psychological driver. People love to buy when the price is rising due to FOMO (Fear Of Missing Out). However, for the last several months, we've relied too heavily on price action to promote the project. When the price dips, conversations become nearly impossible. We must build our foundation on something more substantial than daily market fluctuations. This week, we'll discuss a healthier perspective on price and market dynamics.
2. Mining Progress ⛏️
From day one, our projection has been simple: the size of our mining network directly correlates to the value of the coin it produces. The goal is a 100 million megahash network, which we project will support a billion-dollar valuation and a $16 TXC. We'll be diving deep into our mining progress, challenges, accomplishments, and the infrastructure we're building to support this behemoth, American-made mine.
3. Utility & Layer 2 (My Favorite) 🌐
Utility is our magic bullet. It's the answer to 'what is this thing for?' Our utility silences the critics because we have a real-world application for our digital currency. From 'Downtown Digital Dollars' to 'Town Tokens,' we are building community currencies on the TXC blockchain. This is my area of expertise—the creation of honest, alternative monetary systems. Cryptocurrency gives us the tools to eliminate the parasitic 3% fee that banks chisel off every retail transaction. We're starting in small towns across Texas and building a model that can spread like wildfire, all powered by TXC. This creates real, sustainable demand for our coin.
4. Comp Plan Updates & Promotions ⭐
This is our focus for tonight. We need to drive the right behavior to grow our community, which in turn funds everything else: mining expansion, marketing, exchange listings, and liquidity. A growing community is a healthy community. I've let you down by not providing the best tools to share our story, but that stops now.
New Tools for Success!
The old website and lack of resources have been a major roadblock. I accept full responsibility for that. To fix this, we've acquired and are now rolling out an incredible new replicated website system, originally built by Ranger Jim Carrey at TexitVentures.com. This professional, resource-rich site will soon be available to EVERY miner, providing you with the high-quality tools you need to share our story effectively. Our main Texitcoin.com site is also being completely revamped and will launch this week!
Comp Plan Clarifications & New Activity Requirements
Our comp plan's strength has always been its simplicity: 3 left, 3 right, get paid. That's not changing. However, we are clarifying the rules to ensure the long-term health of our project and reward those who are actively building.
⚠️ Important: New Rules for Rapid Rewards
To participate in the cash payouts from the Rapid Rewards program, you must remain 'Active'. Here is how it works:
- Immediate Requirement: You must have a minimum of three (3) direct, personal sponsorships to be eligible for Rapid Rewards. These must be real human beings, not placeholder accounts.
- Week 93 Requirement: To remain active past this week, at least one (1) of your personal sponsorships must have occurred within the last 91 days (13 weeks).
- End of January Requirement: Starting at the end of January, you must maintain three (3) personal sponsorships within a rolling 91-day period. Think of it as averaging one new miner per month.
What happens if you go inactive? Don't panic. You will NOT lose your mining hash power or your position in the structure. You will simply be skipped for Rapid Rewards calculations for that week. You can become active again at any time by meeting the requirements.
🎉 The January Promotion: Fueling the Rocket!
To kickstart this new phase of growth, we're launching a powerful promotion for January. This is designed to reward active builders and create positive momentum in the market.
The promotion adds a significant TXC bonus on top of our existing 'One, Two, Free' program (where you earn free hash power for every 3 miners you personally sponsor). The size of your bonus depends on the total number of 'points' (paid seats) within each 'One, Two, Free' cycle you complete in January.
January 'One, Two, Free' TXC Bonus Tiers
- 3 to 6 Points: Earn a $200 Bonus paid in TXC.
- 7 to 11 Points: Earn a $500 Bonus paid in TXC.
- 12 to 20 Points: Earn a $1,500 Bonus paid in TXC.
- 21+ Points: Earn a massive $4,000 Bonus paid in TXC!
Example: You sponsor three people who each purchase a Builder Plan (9 seats each). That's 27 points, earning you a $4,000 bonus in TXC on top of your free hash power and any Rapid Rewards cash!
Why are we doing this? As these bonuses are paid out, I will need to go to the open market to buy TXC. This creates significant buying pressure, helping to turn the price chart green and rekindle excitement. It's a win-win-win: you get a bonus, the market gets a boost, and our community grows.
The Week Ahead: Let's Get to Work! 🤝
This is just the beginning. We have a full slate of calls this week to cover all our pillars of growth. We are confident, we have a plan, and we have an incredible community. The tools you need are being delivered. The incentive is here. All we need to do is triple our community twice, and we will have filled the rocket ship.
Let's make this month incredibly successful. Let's put the numbers back in the black and show the world what honest money, built by the people, truly looks like. Let's get back on the path to $16. Let's go!