Phenixcoin (PXC)

What is Phenixcoin (PXC)

Phenixcoin was developed as an internal testing coin for use with various sites. It is based off Litecoin using scrypt as a proof of work scheme. The coin is currently used at a coin based poker site PhenixPoker.com. There are several projects currently under development which are planned to use the Phenixcoin as their main currency. Because there is already ways to spend Phenixcoin it has more potential then some other cryptocurrencies. The homepage can be found here.

Features:

  • Phenixcoin features a block target of 2,5 minutes which means a new block is generated every 2.5 minutes.
  • The block reward will half every 840.000 blocks which is roughly every 4 years.
  • The total amount of coins is capped at 168 million.
  • It starts with a reward of 50 coins per block.
  • The difficuly is retargeted every 2400 blocks which is a little longer then every 4 days.

Phenixcoin Mining

Currently I have not made an dedicated guide for mining PXC but you can use my litecoin mining guides with the PhenixCoin client instead. You’ll also have to use one of the pools listed below instead of Coinotron as Coinotron does not have a pool for phenixcoin.

Phenixcoin mining pools

There’s currently few pools out there for PXC, here are the links:

Phenixcoin Exchanges

Currently PhenixCoin is not traded at any exchange. However, they can be spent on phenixpoker.com

 

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