Phoenixcoin (PXC) Mining Calculator
Estimate your daily Phoenixcoin (PXC) mining earnings based on your hardware and electricity costs. Current PXC price: $0.01475 USD
Note: Calculations based on article data showing 0.5-1.5 PXC/day for GPU (0.8-1.2 MH/s) and 0.05-0.15 PXC/day for CPU (0.05-0.15 MH/s).
Network difficulty and price can fluctuate. This is an estimate only.
Phoenixcoin (PXC) isn’t a household name like Bitcoin or Ethereum. You won’t find it on Coinbase’s main trading list. You won’t see it advertised on TV. But if you dig into the archives of crypto forums from 2013, you’ll find it-still running, still mining, still alive. It’s one of those quiet survivors in the crypto world, a coin that didn’t chase hype but stuck around anyway.
What Exactly Is Phoenixcoin?
Phoenixcoin (PXC) is a decentralized digital currency that launched in May 2013. It was created by a small team led by John Carmiche (JohnCar) and Michael Burns (iamatrix) under Phenix Crypto Systems Network Inc. Unlike Bitcoin, which took months to get its first real users, Phoenixcoin waited until about 20,000 blocks were mined before going public. That meant roughly 1 million coins were pre-mined before anyone else could touch them.
It wasn’t built to beat Bitcoin in market cap. It was built to be easier to mine. Back in 2013, Bitcoin mining was already shifting to expensive ASIC chips. Phoenixcoin said: no. You can still mine this with your old GPU or even a decent CPU. That’s why it picked NeoScrypt-a lighter, more memory-intensive algorithm than Bitcoin’s SHA-256. It was designed to keep mining fair for regular people.
How Does Phoenixcoin Work?
Phoenixcoin runs on its own blockchain, separate from Bitcoin or Ethereum. Here’s how it’s different:
- Block time: 1.5 minutes. That’s faster than Bitcoin’s 10 minutes and even Litecoin’s 2.5 minutes.
- Block reward: 3.125 PXC per block. It halves every 1 million blocks.
- Difficulty adjustment: Every 20 blocks (about every 30 minutes), with a max change of +2% or -5%. This keeps mining stable without wild swings.
- Consensus: It uses both Proof-of-Work (PoW) and Proof-of-Stake (PoS). You can mine it, or hold coins and earn interest.
- Maximum supply: 98 million PXC. As of late 2023, over 92.8 million are already in circulation.
The blockchain uses advanced checkpointing to prevent 51% attacks-a smart move for a coin with low hash power. It also averages block difficulty over 100 and 500 blocks, which helps smooth out mining spikes.
Can You Still Mine Phoenixcoin Today?
Yes-and that’s one of the few reasons it still has a community.
Unlike Bitcoin, where mining requires thousands of dollars in ASIC hardware, Phoenixcoin still runs on consumer-grade GPUs. Users on Reddit and Bitcointalk report mining successfully with NVIDIA GTX 1060 and AMD RX 570 cards. These cards can produce around 0.8 to 1.2 MH/s, earning between 0.5 and 1.5 PXC per day, depending on electricity costs and network difficulty.
CPU mining is slower-around 0.05 to 0.15 PXC per day-but still possible on modern Intel or AMD processors. That’s not going to pay your rent, but if you’ve got an old PC sitting idle, it’s a way to get free coins without spending a dime.
The wallet needs about 15-20 GB of storage to sync the full blockchain. It’s available for Windows, macOS, and Linux. Setup takes about an hour for most users. No mobile wallet exists yet, so you can’t easily send or receive PXC from your phone.
What’s the Price of Phoenixcoin?
As of November 2023, PXC trades at around $0.01475 USD. That’s down 82% from its all-time high of $0.0896 in April 2021. But here’s the twist: it’s up 65% year-over-year and 22% in the last week. That kind of volatility is normal for micro-cap coins.
Its market cap sits at roughly $1.42 million. That’s tiny. For comparison, Bitcoin’s market cap is over $500 billion. Phoenixcoin is 0.00017% of that. It’s ranked #4753 out of thousands of cryptocurrencies by market cap.
Trading volume is shockingly low-just $31.56 in the last 24 hours. That’s a red flag. When volume is this low compared to market cap (only 0.000386%), it means a single large trade can swing the price by 20% or more. Liquidity is almost nonexistent.
Where Can You Buy or Trade PXC?
Not many places. As of late 2023, Phoenixcoin is listed on only 2 to 4 active exchanges. Most of them are small, obscure platforms like TradeSatoshi, CryptoBridge, and a couple of others. You won’t find it on Binance, Kraken, or Coinbase.
Even CoinMarketCap and CoinGecko list it, but that doesn’t mean it’s easy to trade. Some users report seeing price data on Coinbase but zero trading volume. That’s because Coinbase doesn’t actually support PXC trading-it’s just displaying data from other exchanges.
If you want to buy PXC, you’ll likely need to trade Bitcoin or Ethereum for it on one of the smaller exchanges, then move it to your personal wallet. There’s no direct fiat on-ramp. No credit card, no bank transfer. You’re stuck in crypto-to-crypto land.
Is Phoenixcoin Used for Anything?
Almost nothing.
There are no major merchants accepting PXC. No online stores, no service providers, no apps that let you pay with it. A few niche crypto-focused websites might list it as a payment option, but there’s no evidence of real usage. One user on CoinLore summed it up: “Great for mining on old hardware but almost impossible to actually spend anywhere.”
It’s not a currency. It’s not a store of value. It’s not a tech innovation. It’s a relic with a loyal few.
Who Still Uses Phoenixcoin?
Two types of people: hobbyist miners and long-term holders.
On the Bitcointalk forum, users who started mining in 2015 still post regularly. One, CryptoPioneer87, wrote: “Been mining PXC since 2015 and the wallet has never failed me once-simple interface and reliable transactions.” That’s the kind of loyalty you don’t see with most coins.
The active community is tiny-maybe 1,000 to 2,000 people total across forums, Telegram, and Reddit. There’s no official support team. Help comes from other users. Responses on the forum take 12 to 24 hours. Developers still respond to bug reports, but there haven’t been any major updates since 2021.
It’s not growing. It’s not innovating. It’s just holding on.
Is Phoenixcoin a Good Investment?
If you’re looking for returns, probably not.
With a market cap under $2 million and trading volume under $40 per day, it’s not a serious investment. It’s not listed on major exchanges. It has no institutional backing. No team announcements. No roadmap. No new features.
But if you’re a hobbyist who likes mining, enjoys the challenge of supporting a legacy coin, or just wants to collect obscure cryptocurrencies as a curiosity-then yes. It’s free to try. You can mine it with hardware you already own. The coins cost almost nothing to acquire.
Analysts at Deloitte and CoinTelegraph classify it as a “legacy cryptocurrency.” That means it’s still functioning, but it’s not part of the future. It’s a digital fossil.
Final Thoughts
Phoenixcoin is not the future of crypto. It’s a quiet echo of the past.
It was designed to be fair. It was built to resist centralization. It survived when hundreds of similar coins vanished. And for that, it deserves respect.
But respect doesn’t equal value. If you’re looking to invest, there are far better options. If you’re looking to mine something with low competition and no hardware costs, Phoenixcoin still works. If you’re just curious about crypto history, it’s a living museum piece.
It won’t make you rich. But if you mine a few coins and hold them for ten years, you might look back and say: ‘I kept this alive when no one else did.’ And sometimes, that’s enough.”
Can I still mine Phoenixcoin with my regular computer?
Yes. Phoenixcoin uses the NeoScrypt algorithm, which is designed for CPU and GPU mining. You don’t need expensive ASICs. Mid-range GPUs like the NVIDIA GTX 1060 or AMD RX 570 can mine around 0.5 to 1.5 PXC per day. Even a modern CPU can earn 0.05 to 0.15 PXC daily, depending on power costs and network difficulty.
Where can I buy Phoenixcoin (PXC)?
You can’t buy PXC directly with USD. It’s only available on a few small exchanges like TradeSatoshi and CryptoBridge. You’ll need to first buy Bitcoin or Ethereum on a major exchange, then trade it for PXC on one of these niche platforms. Coinbase, Binance, and Kraken do not support PXC trading.
Is Phoenixcoin safe to use?
The Phoenixcoin blockchain has advanced checkpointing to help prevent 51% attacks, which is a strong security feature for a coin of its size. However, because the network hash rate is so low, it’s still theoretically vulnerable to concentrated attacks. The wallet software is stable and has been used since 2013 without major exploits. Use the official wallet and avoid third-party services.
Why is Phoenixcoin’s trading volume so low?
Phoenixcoin is listed on only 2-4 exchanges, none of which are major platforms. Most users mine it rather than trade it. With a market cap of $1.4 million but only $31 in daily trading volume, it’s extremely illiquid. This makes price manipulation easy and discourages serious traders or investors.
Does Phoenixcoin have a future?
Not a significant one. There’s been no major development since 2021. No new features, no partnerships, no exchange listings. Analysts classify it as a legacy coin. It survives because a small group of miners and holders still maintain it. Without innovation or adoption, it’s unlikely to grow beyond its niche.
17 Comments
I've been mining PXC on an old GTX 1060 since 2018. It's not profitable, but it's like digital gardening. You water it, you check the blocks, you don't expect a harvest. Just peace.
Oh wow, another crypto relic we're supposed to admire? Next you'll tell me to bow to MySpace profiles.
I lived in Manila in 2014 and met a guy who mined PXC on his laptop while teaching English. He said it kept him sane. That’s the real story here-not the price, not the charts. Just someone holding on quietly.
There’s something beautiful about something that refuses to die just because it’s not trendy 🌱✨
Phoenixcoin represents the existentialist ideal of crypto: no grand narrative, no VC funding, no whitepaper theater-just persistence. It doesn’t seek meaning; it simply exists. And in a world obsessed with growth, its refusal to evolve is the most radical act of all. We are all just temporary nodes in a collapsing system. PXC? It’s the last server still running.
This is a scam. 92 million coins in circulation with $1.4M market cap? That's a rug pull waiting to happen. Someone's dumping on TradeSatoshi and pretending it's 'community-driven'. Wake up. This isn't legacy-it's a graveyard with a mining rig.
i just mined .03 pxc yesterday and it made me so happy?? like i did something real with my old pc lol
I think people forget how much of crypto was built by people who just wanted to try something new, not get rich. PXC is like that old bike you still ride because it’s reliable, even if it’s got rust. It doesn’t need to be the future to matter.
The real tragedy isn’t that PXC is forgotten. It’s that we’ve forgotten how to value things that don’t scale. We live in a world that worships exponential growth, but some things are meant to be small. Quiet. Enduring.
This coin is dead. Why are you still talking about it? Get a real coin or go back to your 2013 forum threads.
I love how the community still responds to bug reports. That’s more than most projects do after 3 months. There’s dignity in that.
I tried syncing the wallet last year. Took 18 hours. Still didn't work on my Mac. Gave up. But I still think it's cool someone kept it alive.
Oh so now we're romanticizing abandoned crypto projects? Next you'll say we should fund MySpace 2.0 with our 401(k). This isn't a museum piece-it's a digital zombie. No one's using it. No one's building on it. Just a few sad miners feeding a ghost.
I mine PXC on my Raspberry Pi. It barely uses power. I call it my 'digital zen garden'. No pressure. No FOMO. Just blocks. And yeah, I got 200 PXC so far. Worth it.
It is profoundly disheartening to witness the elevation of a technologically archaic and economically insignificant artifact as some sort of moral triumph. The romanticization of obscurity is not wisdom-it is intellectual laziness masquerading as nostalgia. This is not a legacy. It is a cautionary footnote.
If you’ve got an old laptop and you want to try something that doesn’t cost anything, why not? It’s not hurting anyone. And hey, if you end up with a few coins, cool. If not, you still learned something.
Anyone else notice how the block difficulty adjusts every 20 blocks? That’s actually smart design. Most coins just panic and reset. PXC smooths it out. Quietly competent.