TABLE OF CONTENTS
TOC Links are clickable on Desktop
The Green Flags (Why I Took a Closer Look)
The Red Flags (And Why I Still Watch Closely)
Leadership Snapshot: Bobby Gray & The Vision Behind TEXIT Coin
The Due-Diligence Checklist (Use It)
References (including Mining Facility Tours)
FOCUSED VIEWING / FAIR WARNING
This page exists so you can pressure-test Texit Coin (TXC) like an adult. No hopium, no hype. Read it end-to-end, click the sources, and decide if the risk-to-reward fits you.
I’m not your financial advisor. I’m a builder documenting my own process. Proceed thoughtfully.
Updated: 11-16-2025
🧠 Opening Thoughts
There are always risks in life — and in business, especially in blockchain mining operations.
But as a U.S. / Texas-based project with real hardware and leadership you can actually talk to, there’s something uniquely tangible and accountable here that drew me in.
Either you have the tolerance to accept these risks and realities, or you don’t.
If you do — and want to position yourself to potentially grow financially alongside a ground-floor U.S. blockchain — then read on.
Below is the same step-by-step process I used to evaluate TXC: the green flags, the red flags, and what made me decide to take a seat.
⚡ The TL;DR / Summary
What it is?: A Texas-born, Layer-1 Proof-of-Work blockchain with crowdfunded mining seats (software nodes).
What’s the actual product?: A one-time software license that grants your seat in the TEXIT mining network — effectively helping build and secure the 100 million megahash (100M MH) Layer-1 mine, while earning daily TXC rewards to your wallet (cold or hot— your choice) for your share of hashpower.
You’re not buying a coin or a promise — you’re licensing virtual software access to a live, verifiable mining operation.
What’s the utility of the TXC token? TXC serves as the native currency of the TEXIT blockchain, used to pay for transaction fees, mining rewards, and validator functions. As the network expands, TXC also becomes a peer-to-peer medium of exchange (MoE) within the ecosystem — already being accepted by select Texas-based merchants and service providers.
What’s the vision and scale of this operation?: A planned 35-site mining network across Texas, powered by roughly 35 megawatts, built to position TEXIT Coin among the top 100 cryptocurrencies by market cap.
Why I looked twice: U.S.-based ops, real hardware, daily wallet payouts, visible leadership, and community traction. Ref PDF »
Reality check: Price volatility, execution risk, and regulatory headwinds still apply.
My stance: Medium risk / potentially high reward — for adults who do the work.
✅ The Green Flags (Why I Took a Closer Look)
Every real opportunity wears the mask of skepticism at first glance.
The deeper I looked, the more tangible proof I found — things that separate TEXIT Coin from MLM gimmicks or crypto vaporware.
1️⃣ Real-World Footprint
Texas-based physical operations — multiple mining facilities online / operational and verifiable. Public updates on property acquisitions backing the network’s liquidity reserves.
Local Texas businesses already accepting TXC for goods and services: pizza, apparel, hot tubs, construction, fire equipment, auto sales, and growing.
National marketing campaigns — airports, billboards, radio, NHL and Division-1 college football sponsorships (~$3.75 M/month). No scam pulls that off.
2️⃣ Crowdfunded, Not MLM
TEXIT’s funding model looks like multi-level marketing but functions differently:
One-time purchase — no recurring fees unless you want more seats.
No inventory or forced autoships.
Level playing field: newcomers can earn just as much as early adopters.
Limited-Time Phase I: TXC already trades on over 7 exchanges, but this crowdfunded build-out phase ends once the mine’s capacity is filled. After that, new mining seats stop selling and rewards continue only for active miners.
Finite participation: once mining closes, no new seats will ever be sold. Existing miners collect TXC for the next 136 years.
Optional sharing: recruiting isn’t required — it only amplifies hashpower if you choose.
3️⃣ Transparent Leadership & Communication
Founder Bobby Gray shows up — live calls, training sessions, and public receipts of hardware purchases, liquidity properties, and progress milestones. Community polls and weekly “Miner Updates” demonstrate two-way accountability rarely seen in crypto launches.
See more on Bobby below….
4️⃣ Momentum That’s Hard to Fake
40,000+ active participants and growing.
$100 million+ raised — the largest community crowdfund in crypto history to date.
Trading on 8+ exchanges, proving liquidity. Texit Coin Markets »
Speakers on major crypto stages worldwide.
These are not hallmarks of a ghost project. They’re signs of execution at scale.
⚠️ The Red Flags (And Why I Still Watch Closely)
No matter how strong a project looks, risk never disappears — it only changes shape.
1️⃣ Market & Token-Price Risk
TXC is still a young, thinly traded asset. Daily emissions and low liquidity can cause wide price swings. Treat rewards as speculative.
2️⃣ Execution & Delivery Risk
Scaling mining centers, onboarding new seats, and keeping consistent payouts require continuous ops discipline. Verify with on-chain receipts, not just dashboards.
3️⃣ Regulatory & Perception Risk
Because optional referrals exist, outsiders may confuse TEXIT with MLM structures until the 2026 transition closes and mining locks. Expect scrutiny — and be clear it’s a crowdfunded infrastructure project, not a yield contract.
4️⃣ Behavioral Risk
Emotions wreck ROI. Decide your risk size and exit plan before you buy. “Coins for life” mean nothing if you panic-sell at the wrong time.
🧭 Leadership Snapshot: Bobby Gray & The Vision Behind TEXIT Coin
Disclosure: I’m not here to idolize anyone — I’m documenting my own research process. In any early blockchain, leadership integrity and execution matter just as much as technology.
1️⃣ Track Record & Background
Bobby Gray isn’t new to this world — he’s been building and experimenting in alternative currency systems since 2008, long before most people had heard the word crypto.
He created the American Open Currency Standard (AOCS) in 2008, minting tradeable gold, silver, and copper coins used for barter and local commerce — a project that’s still referenced today.
In 2012, he became a pioneer in physical cryptocurrency, producing the first physical Bitcoin coins — embedding chips inside stamped metal, merging tangible money with digital code.
That same year, he testified before the U.S. Congress under Ron Paul’s subcommittee as an expert witness on alternative currencies and monetary policy — highlighting his recognized credibility in this space.
▶️ Watch testimony segment (10:33)
In short: Bobby has over 17 years of front-line experience studying and building parallel money systems that challenge the status quo.
📺 Source video | Sales Training Call 10/06/25
2️⃣ What Stood Out to Me
When I listened to his public calls and training sessions, a few things jumped out:
He speaks from deep, hands-on history, not hype. You can hear the timeline of lessons learned.
He ties economic philosophy (sound money, state sovereignty, decentralization) to practical build-outs in Texas — data centers, mining operations, and liquidity plans.
He doesn’t hide behind anonymity — his name, voice, and presence are front and center.
He also continues to appear in industry events and mining summits, positioning himself as a public advocate for transparent and permissionless money systems.
📺 Mining Made Easy »
3️⃣ Transparency & Accountability
One of the recurring green flags in my research is Bobby’s consistent commitment to transparency — he posts receipts, updates, and video walkthroughs of property acquisitions and hardware purchases backing the liquidity side of TEXIT Coin.
During the Miner Update (Oct 21, 2025), he walked the community through on-camera financial and operational disclosures — not a common move in the crypto world.
He also runs open polls and public calls, letting miners voice concerns and help shape direction. That level of interaction — messy, real, and unfiltered — is one of the stronger trust indicators I’ve seen.
In the video below, Bobby for instance, is talking ‘off the cuff’ about his background and transition from physical coin factory… to… the digital mining world. He starts answering multiple versions of the question, “Is your operating legit?”.
“Legit?” — The Founder Answers It Head-On
4️⃣ My Personal Takeaway
At the end of the day, every blockchain is a bet on its leadership.
Bobby Gray’s mix of economic conviction, technical creativity, and old-school accountability made me pause, dig deeper, and eventually take a calculated position.
He’s a builder with calluses — someone who’s spent over a decade bridging precious metals, crypto, and Texan independence ideals into a functional business framework.
And while no founder is infallible, I’d rather align with someone who’s been in the arena for 17 years than with another faceless DeFi avatar.
Bottom line: I’m not betting on blind faith. I’m betting on a builder who’s already put his name, face, and track record on the line — and continues to back it up in public.
🧾 The Due-Diligence Checklist (Use It)
Leadership Reality Check — watch full AMAs; note tone, timelines, accountability.
Operational Proofs — confirm datacenter sites, uptime evidence, and pool structure.
Token Mechanics — read emission schedule, halving math, and treasury policy.
Wallet & Payouts — set up the official wallet, verify on-chain TXC receipts.
Seat Economics — price vs daily TXC output; model break-even scenarios.
Market Access — review trading volume and liquidity on each exchange.
Compliance & Taxes — read TOS; understand mining income taxability.
Community Signal — observe Telegram/Discord culture; are tough questions answered?
Pro Tip: Document your findings before buying. Decide how much you’ll allocate and what would make you stop.
⚙️ How Seats + Daily Rewards Work
Purchase a seat (software node) contributing hashpower to TEXIT’s pool.
Network emissions distribute TXC proportionally by hashpower share.
Rewards route automatically to your hot/cold wallets daily.
You can hold, trade, or compound — but track your taxable events.
🧩 Risks — Stacked Honestly
Market: token price & volume volatility.
Tech: downtime or bugs.
Execution: ops and support scaling.
Regulatory: evolving crypto rules. Still a gray area.
Behavioral: over-allocation or emotional trading.
If you can’t sleep at night with that risk, don’t do it. No shame in passing.
🔍 My Balancing Lens
When critics ask “If it’s real, why the noise?” — I ask:
Would national brands host ads for a phantom project?
Would eight exchanges list a fake token?
Would 40k+ miners fund hardware for nothing?
Would major crypto stages invite a sham to speak?
Each answer points to one truth: this is a visible, capital-intensive build-out — not a meme coin.
Still, visibility ≠ guarantee. It just means there’s enough data to make an informed bet.
🪞 What Convinced Me To Become a Miner
U.S./Texas infrastructure you can verify.
Real people, open calls, transparent ops.
A mission I align with: sound money and sovereignty on American soil.
Math that pencils out if execution stays on track.
I treat it as speculative, but credible enough to participate.
🧭 Your Next Steps
🎥 Watch: The most recent weekly 2-min review video »
📖 Read: Green Flags / Red Flags / Risks & Rewards article
🎥 Watch: The most recent Miner Update call »
🧑 Get back with the Texit miner who sent you here, or…
☎️ Book a Call with Me → click button below…
Your Partner in the Quest for
Living a Life Without Limits,
Barry “Bear” Goss
❓ Short FAQs
Is this guaranteed income?
No — it’s mining exposure. TXC value fluctuates daily.
Do I have to recruit?
No. Seats earn independently; sharing is optional.
When do rewards start?
Usually within 24 hours of activation, verifiable on-chain.
What if price drops?
Welcome to public markets.
NOTE: A page of comprehensive FAQS — coming soon » Have questions my Due-Diligence Guide above doesn’t cover? Drop them in the comments section at the bottom of the page — I’ll see them personally and reply.
📚 References
[1] Building Generational Wealth with TEXITcoin (YouTube)
[2] TEXITcoin Sales Training Call – Oct 6, 2025 (YouTube)
[3] TEXIT Coin Mining Made Easy (YouTube)
[4] Green Flags, Red Flags, Risks & Rewards (help desk post)
[5] TEXITCoin Miner Update – Oct 21, 2025 (YouTube)
[6] TEXITCoin – The Case for TEXITcoin (Official Site)
[7] The Integrity Behing Texit Coin (Post)
[8] Is Texit Coin a Scam? (YouTube)
[9] 6 Green Flags Investors Need To Look Out For (YouTube)
[10] Facility Tours: Tour 1 | Tour 2 | Tour 3
Behind the scenes → New interview With Discerning Miners Jason & Jennifer Hommel
🚀 Ready to Lock-in Your Mining License?
(Pay Once. Earn Daily. For Life!)
➡️ Either get back with the Texit Miner who sent you here… or,
⚠️ IMPORTANT DISCLAIMER
Nothing in my post (or any of my posts) constitutes tax advice, legal advice, investment advice, or financial advice. I am NOT a tax professional, CPA, enrolled agent, attorney, registered investment advisor, or financial planner.
I am simply a participant in Texit sharing my personal understanding and concerns based on publicly available IRS guidance and general knowledge.
Tax laws are complex, fact-specific, and can change. What applies to one person may not apply to another. Crypto and mining tax rules in particular are still evolving and the IRS is extremely aggressive in this area.
You are 100% responsible for your own tax reporting, compliance, and due diligence. Always consult a qualified U.S. tax professional or attorney who can review your specific situation before making any decisions about reporting (or not reporting) income from Texit mining rewards, referral commissions, or any other payouts.
Relying on community posts, Zoom calls, or anything said by project leadership instead of getting your own professional advice could put your financial future at serious risk.
Do your own research. Protect yourself. Never invest or participate based on blind trust.
Hey there! Fellow miner here and this resource put together is fantastic! I like the way you broke it out!