Independent Layer-1 · fork of Bitcoin Core v29.4 · launched August 2026

The coin anyone can mine.

PCoin (PCN) is its own blockchain — not a token. It keeps Bitcoin's economics and swaps the proof-of-work for RandomX, the CPU-fair algorithm. Ordinary processors are the best miners. If you own a phone or a laptop, you can mine PCN.

21M fixed cap 0 premine RandomX CPU PoW 10-min blocks MIT open source
The mission

Money creation, for ordinary people

Bitcoin proved that neutral digital money works — but mining it now belongs to industrial ASIC farms. PCoin restarts that experiment with one change: the hardware you already own is the mining hardware. No ASIC farms, no premine, no investors.

Fair by physics

RandomX runs randomly generated programs over a large memory working set. That kills the ASIC advantage and mostly neutralizes GPUs — a general-purpose CPU is the best miner. Fairness is enforced by the algorithm itself, not by a promise.

Proven, boring economics

Bitcoin's monetary rules, untouched: 21,000,000 coins, 50 PCN subsidy halving every 210,000 blocks, 10-minute blocks. No tail emission, no founder's cut, no governance knobs. Boring is the point.

Community from zero

Every node validates every block; every node is equal. There is no foundation and no privileged key. The founder's role dissolves as the network grows — the goal is a chain nobody controls, including the person who started it.

Why phones can mine PCoin

The best mining chip is the one in your pocket

Most proof-of-work coins are mined by special-purpose chips (ASICs) that are millions of times faster than your computer. PCoin uses RandomX — the algorithm pioneered by Monero — which is deliberately built so that an ordinary CPU is the most efficient miner there is.

PCoin runs RandomX with the fixed key PCoin/RandomX/v1 and verifies blocks in light mode with a 256 MB cache — small enough to fit comfortably on a modern phone. Block IDs stay double-SHA256; only the proof-of-work check uses RandomX.

Difficulty retargets on every block (LWMA, live since height 2800) to hold a 10-minute average against whatever hashrate the community's CPUs provide. It has risen by orders of magnitude since launch, so a single phone now contributes to a shared effort rather than finding blocks alone — what a phone earns tracks its share of total hashrate, not a fixed rate.

  • No ASICs. Random program execution over big memory removes the efficiency edge special hardware depends on.

  • No extra software needed — but yours works too. The miner is built into the node, so nothing else is required. If you already run mining software, SRBMiner-Multi mines PCN natively from version 3.5.6 (algorithm randompcn) — verified against the pool on 2 September 2026, see the pool section below. An rx/pcoin algorithm for xmrig is an open pull request to xmrigCC, not yet merged.

  • 256 MB is enough. Light-mode verification fits on phones, laptops, and small servers alike — every device can be a full participant.

Measured numbers, not marketing. RandomX light mode, JIT enabled, 4 threads, on real hardware:
Device Hashes / second
Desktop, 16 threads, 2 GB fast mode2,518
Galaxy Z Flip 5 (flagship)144
Pixel 4a (2020 mid-range)51
moto g play 2024 (budget)43
Galaxy A03 (entry level)15
So a full-speed desktop out-mines a flagship phone about 17×, and a cheap phone about 170×. That gap is real and we will not hide it — but under SHA-256 an ASIC beats any CPU by millions to one. RandomX makes phones genuine minority participants instead of hopeless ones. Every one of those phones also produced bit-identical results to the desktop, so a phone is a first-class validator regardless of its speed.
Hashrate calculator

What would your device actually do?

Pick a device and how much of it you want to give up. Entries under measured were read straight off those devices running this software; the rest are estimates anchored on them, good to roughly 20%. Difficulty is read live from the explorer, so the answer is against the real network as it is right now.

Your hash rate
Share of network
Average time per block you find
Average PCN per day — at today's difficulty

Reading live figures from the explorer…

Read this before you believe any of it. Mining is a lottery, and these are averages over a long run, not a schedule. A phone averaging one block every nine days may find two next week and none for a month; that is what randomness looks like and it is not a fault. The numbers also move: every miner who joins pushes difficulty up and everyone's share down, and from height 2800 difficulty adjusts every block, so it reacts within minutes rather than weeks. Thread counts above about half your cores usually return less than they cost, because RandomX is bound by memory rather than clock speed — and on a phone the heat limit will stop you before the core count does. Nothing here is income, and none of it is a promise.
Mining pool

Paid for the work you did, not the block you found

Mining alone is a lottery. Your computer either finds a whole block and earns the full reward, or it finds nothing — and there is no partial credit. A typical PC can wait days between wins. Most people install a miner, watch zero for a week, and conclude it is broken.

A pool fixes that. Everyone points their mining at one coordinator, which hands out work that is deliberately easier than a real block. Each easy solution you send back is called a share: it is worth nothing by itself, but it is proof you did the work. When anyone in the pool finds a real block, the reward is split across everyone in proportion to the shares they contributed.

You are paid for your work, whether or not you were the lucky one. The same earnings, arriving steadily instead of rarely.

What a pool does not do.

It does not increase your earnings. It reduces variance. After the pool fee you will earn slightly less on average than mining alone. What you are buying is predictability, and that is the whole product.

It does not make the chain faster. Block spacing is set by the difficulty algorithm, not by how miners organise.

It concentrates hashrate, and on a network this small that is a real risk rather than a theoretical one. A pool holding a majority of the network is the 51% problem it was meant to reduce. We publish the pool’s hashrate and the network’s at pool.pc.am/api/pools, so its share is checkable rather than claimed, and we would rather see a second pool run by somebody else than grow this one. The pool’s full source is in this project’s repository, and there is a guide to running one: RUNNING-A-POOL.md. We mean that literally — nothing is held back, and a second pool helps us more than it costs us.

The pool is open. One line to join.

You do not need separate mining software — it is built into the PCoin node. You do need a recent enough node: startpoolmining ships from v1.3.0, and both the node and bitcoin-cli must be that version or newer. An older CLI sends the thread count as text and the call fails with a type error, even against a new node. If in doubt, reinstall from the Download section below.

Windows — nothing installed yet? One line does everything: it installs the node, waits for it to sync, asks where to pay you, and starts mining.

irm https://pc.am/dl/install.ps1 | iex

It creates a wallet for you, benchmarks your CPU and settles on the fastest core count on its own, then starts mining — there is nothing to fill in. Approve the User Account Control box to install into C:\PCoin (decline it and it installs to your user folder instead; both work the same). It will not begin mining until the node has finished syncing, because blocks mined on an unsynced node are orphaned and pay nothing. Afterwards, open the tray and write down your recovery phrase — it is the only way to recover your coins if Windows is ever reinstalled.

Windows — already installed? Then call it directly. The binaries keep their upstream names, and the install directory depends on whether the installer had administrator rights:

$P = if (Test-Path C:\PCoin\bitcoin-cli.exe) { 'C:\PCoin' } else { "$env:LOCALAPPDATA\PCoin" }
& "$P\bitcoin-cli.exe" -datadir="$P\data" `
  startpoolmining "pool.pc.am:3333" "<your pc1q… address>" 4

Linux — nothing installed yet? Same idea, one command:

curl -fsSL https://pc.am/dl/mine.sh | sudo sh

It installs if needed, asks for your payout address and thread count, waits until the node has finished syncing, then starts mining and re-applies it after a reboot.

Linux — already installed? The .deb installs the CLI as pcoin-cli:

sudo -u pcoin pcoin-cli -datadir=/var/lib/pcoin \
  startpoolmining "pool.pc.am:3333" "<your pc1q… address>" 4

The last number is how many CPU threads to use; 0 means every core. stopmining stops it, and startmining "<your address>" 4 puts you back on solo.

That command does not survive a restart. Set it in the config too.

Both the Windows tray and the Linux service re-issue mining whenever the node restarts, and what they re-issue is solo unless the config says otherwise. So a machine set up with the command above mines for the pool until its first reboot and then quietly goes back to paying its own address, with nothing anywhere saying so. Add one line:

Linux    /etc/pcoin/miner.conf     POOL_URL=pool.pc.am:3333
Windows  C:\PCoin\pcoin-tray.cfg   poolurl=pool.pc.am:3333

Then sudo systemctl restart pcoin-miner on Linux, or restart the tray on Windows. Leave the line out — or empty — and you stay on solo, which is the default and what every existing install keeps.

It returns before it has connected. The command answers immediately with a status of starting, which is not yet success. Run getcpuminerinfo a few seconds later and check the pool status field — a refused address or an unreachable pool is reported there, and nowhere else.

Two things worth knowing. The address is where the pool credits you — no wallet is opened and no private key is involved on that machine. It must be a standard pc1q… address; taproot pc1p… addresses pass the node's own check and are then refused by the pool. And unlike solo mining, your node does not need to be synced first, because the pool supplies the block being worked on — verified by mining from a node at height 0 with no peers. Solo mining on an unsynced node is worse than slow: it builds on a chain your node has not verified, so anything it finds is thrown away.

Already run a mining rig? SRBMiner-Multi mines PCN directly. From version 3.5.6 (17 August 2026) SRBMiner-Multi carries a native randompcn algorithm, so a Windows or Linux rig — or a HiveOS custom miner — can point at the pool with no PCoin node, no sync and no wallet on the machine:

SRBMiner-MULTI --disable-gpu --algorithm randompcn --pool pool.pc.am:3333 --wallet <your pc1q… address> --cpu-threads 4

CPU only, like everything else on this chain. SRBMiner charges its own 0.85% developer fee on this algorithm, which goes to its author and not to us, on top of the pool's 2%. It is third-party software: take it only from its GitHub releases page and check the published checksum. Verified 2 September 2026 — connects, receives work and has shares accepted.

Or mine solo. No pool, no fee, no operator, no counterparty.

Solo is the default, and it is what every install does unless you tell it otherwise. The miner is built into the node, it pays your address straight out of the coinbase, and nobody stands between you and the block you found — no fee, and nothing to trust.

Windows  & "$P\bitcoin-cli.exe" -datadir="$P\data" startmining "<your pc1q… address>" 4
Linux    pcoin-cli startmining "<your pc1q… address>" 4

The last number is threads; 0 means every core. stopmining stops it. There is nothing to add to any config file — leaving poolurl out is solo.

The one real cost is variance. Solo pays whole blocks, rarely, instead of small amounts often. A few threads may wait a long time and then receive 50 PCN at once. That is the entire trade: a pool does not earn you more, it smooths the timing and charges for doing so.

Your node must be synced first. Unlike pool mining, solo builds on the chain your own node has verified. Mining on an unsynced node is worse than slow: what it finds is built on a chain nobody else has, and is thrown away.

How it pays

  • The pool never holds your coins. You are paid as an output of the block you helped find — the chain pays you directly. There is no pool wallet, no private key on the server, no withdrawal to request and no balance an operator could walk away with.
  • Every block, automatically. No withdrawal step, because there is nothing to withdraw from. There is one threshold: a payout below the network's dust limit of 0.00000294 PCN would make the block unrelayable, so a miner under it is skipped for that block and paid by a later one.
  • PPLNS — a block pays the most recent window of work, weighted by how hard each share was rather than how many you sent. Timing your arrival or departure gains nothing, and your shares keep earning after you stop, until they age out of the window.
  • 2% fee, taken off the block reward before anything is split — never off coins already paid to you.
  • Whole satoshis only. Every split is integer arithmetic and every block reconciles exactly: payouts plus fee plus rounding equals the reward, to the satoshi. Paying one satoshi too much would make the block invalid.

The wait nobody warns you about

A freshly mined block’s reward cannot be spent by anyone — pool or solo miner — until it is 100 blocks deep — roughly 15–17 hours at the pace the chain actually runs. Your coins are visible on the chain immediately and simply cannot move until then. That is a consensus rule, not a delay the pool invents. And if that block is later displaced from the chain — which does happen on a young network — the coins it paid never existed and they disappear. The work was real; the block was not. A pool that hid either of these would just be lying to you.

On the dust threshold above: when a miner is skipped, the amount is redistributed to the other miners rather than kept by the pool, and their shares stay in the window. You would need a share of well under a millionth of a block to reach it at all.

Where you can spend it

Mine PCoin on your phone. Spend it on three real services.

PCN is not a coin waiting for somewhere to be useful. Three live products accept it today, each with its own deposit address, and each crediting your balance automatically once the payment has confirmed (three confirmations on all of them). The same phone that runs the miner can pay for what it uses.

Would rather not mine? You can buy PCN with ordinary crypto at market.pc.am. It is sold from a fixed ladder of 100,000 coins that gets dearer as it empties, so the price rises as the ladder sells — but those rungs are a schedule we wrote, not a market, and the rate at price.pc.am is posted by us rather than discovered by trading. The market does not buy PCN back. The one practical way out is to wrap PCN into wPCN at the wrap desk and sell that into PancakeSwap's small pool — terms in the Trading section — so buy what you intend to spend.

Point the miner at your deposit address

Put your AI Control deposit address in the miner's Forward setting. Mined PCN then arrives on its own — no manual sending, no exchange, no intermediate step.

It never touches your keys

AI Control never asks for your PCoin keys and never holds them. The deposit address is constructed so their server can receive to it and cannot spend from it. That is a property of the address itself, not a promise in a terms page.

A rate, not a market

All three services credit at the same published rate, taken from price.pc.am at the moment your deposit confirms — so none of them can quote you one number and pay another. The rate follows what PCN currently costs on the market ladder and is deliberately slow-moving. It is not a market price — PCN itself is not listed on any exchange. Its wrapped form, wPCN, trades on PancakeSwap in a small pool that follows this rate rather than setting it. Check the live figure before you send.

Status: live. Take AI Control as the worked example; the other four follow the same shape. Open it, choose PCoin in the menu, and you get your own deposit address with a QR code. Send PCN to it and the balance appears on your account after 6 confirmations, credited at the rate price.pc.am posts at that moment. The address is yours alone — that is how a deposit is matched to an account, since a PCN transfer carries no sender identity and no memo.

Two things to know before you send. It is one-way: PCN converts to a balance on that service and cannot be converted back or withdrawn. And confirmations are slow — PCoin targets a block every ten minutes, so 6 confirmations is about an hour. Deposits are recorded the moment they confirm; the balance follows.

This is also the honest answer to “where can I actually use PCN?” — five places, all run by the same people who build PCoin, at a rate they set. It is a real use, not a market. Anything that calls it a price is overselling it.
Trading

PCoin can now be reached by wallets we did not write.

Until late August 2026, the only software that could talk to PCoin was software we built. That was the real barrier to PCN ever being tradable — not paperwork, not permission. Two ElectrumX servers now serve the PCoin chain, which is the standard interface every Electrum-protocol wallet and most decentralised exchanges expect. On the strength of that, PCN has completed its first atomic swaps and has been accepted into the Komodo DeFi Framework coin list (pull request merged 31 August 2026). Separately, wPCN — a wrapped claim on PCN — now trades on PancakeSwap, so a stranger with a wallet and USDT can buy exposure without needing a counterparty. Read what that is, and is not, below.

You need a BSC wallet that can add a custom BEP-20 token — MetaMask on a phone works (open the redeem page inside the wallet's own browser). Never send wPCN to an exchange deposit address: no exchange lists it. Both directions are done by hand — allow hours, not minutes.

ElectrumXelectrum1.pc.am · electrum2.pc.am — SSL on 50002, WSS on 50004, TCP on 50001
First atomic swap100 PCN traded for DOGE, non-custodially, settled on both chains — the five transactions
wPCN on PancakeSwapBEP-20 on BNB Smart Chain, source verified0x290A5779a419Cb9cB22fa087CDD1CD16dA2D95F1 · trade. No wallet knows this token yet, so it will not appear until you add it — one click on the wrap desk, or by hand with the address above and 8 decimals. Backed 1:1 by PCN at pc1q7hhzmdkkx0zjtzj6qkwmuvhlgwfqjrc6j2dk52
Wrap deskwrapdesk.pc.am — send PCN, receive wPCN. 250 PCN per person, 5% fee, 100 confirmations (~18 h), released by hand. Redemption the other way is open too: wrapdesk.pc.am/redeem lets your own wallet burn the wPCN and the PCN is sent back by hand — allow hours, not minutes
Komodo DeFi listingAccepted. Pull request #1964 was merged on 31 August 2026 after the maintainer ran a swap of their own against our chain, so PCN is now in the Komodo DeFi Framework coin list (PCN, legacy P… addresses, 2 confirmations)
Price aggregatorsLiveCoinWatch lists PCN — with no price, because PCN itself has no market to read one from (wPCN's PancakeSwap pool is a market in the wrapped token, and one our bot steers to price.pc.am, so it discovers nothing). CoinCodex declined until PCN is on an exchange; CoinMarketCap was applied to on 13 August and has not listed it
What this does not mean. PCN itself is still not listed on any exchange. A submission is a request, and it can be refused.

wPCN is not PCN. It is an IOU on another chain, backed 1:1 by PCN held in a reserve address printed above — check the balance against the token's fixed 50,000 supply yourself, or read wrapdesk.pc.am/proof, which does the comparison live; that is why both are published. The contract has no owner and no mint function, so nobody, including us, can create more. Five things to know before buying: the pool is small (about $900 across both sides on 2 September 2026 — a $20 trade moves the price roughly 9%, which is arithmetic, not a flaw); the liquidity is not locked and the project holds the LP tokens; both doors are open but neither is instant — the wrap desk releases wPCN by hand after 100 confirmations, and redeeming burns your tokens first and then a person sends the PCN; we trade this pool ourselves, running a bot that buys or sells wPCN to hold the pool near the rate we post at price.pc.am, so the price you see is one we influence and not one strangers set on their own; and buying wPCN gets you a claim, not coins you can spend on the services above.

The first atomic swap was between two wallets we control. It exists because Komodo requires a completed swap before they will consider a coin, and for no other reason. The second was the Komodo maintainer swapping 100 PCN we sent them, before merging the listing. Both prove the machinery works end to end; neither is a price, and any number derived from them would be us quoting ourselves. Nothing on this site will ever cite one as such.

There is one distribution fact we would rather you heard from us than worked out later. The first 2,015 blocks — about 27.7 hours after genesis — paid out 100,750 PCN at the difficulty floor, while almost nobody was mining. That is roughly a third of everything mined so far, and the share falls every ten minutes as the chain grows. It was open mining and not a premine: the code, the genesis block and the difficulty were public from the first block, and anyone could point a CPU at it — but "anyone could have" is not the same as "many did", and the coins are real. The invariant never changes, so check it rather than trusting this sentence: divide 100,750 by the supply reported at explorer.pc.am/api/status.

Custodial exchanges — the kind that hold your coins and credit you a balance — are not where we are pushing, though we should be exact rather than pious about it: applications have been sitting unanswered since August at two small ones, SafeTrade and FreiExchange. We are not chasing anything larger while one pool still routes most blocks, and we would rather you could hold your own coins than have us hold them for you. The address that once mined the majority of blocks has gone completely silent — zero blocks in its most recent stretch, after finding most of them a few days earlier. We are not printing a percentage here on purpose: on a chain this size, one address turning its hashrate on or off changes the honest answer within hours, and a number frozen into this page would already be wrong by the time you read it — ours was, twice, inside one day. What does not go stale is the check itself. Compare pool.pc.am/api/pools against the network's hashrate whenever you are reading this, for whichever party currently holds the largest share — today that is our own pool, for the reason explained below: predictability draws people to one place. Whoever holds a majority is the same shape of risk against a custodial exchange — a known attacker and a known victim — so the responsible venues right now are still the non-custodial ones, which hold nothing. The measurement method and a confidence interval are in the listing request itself, and we report the current figure, not a stale one, in our Telegram channel — we would rather a reviewer read it from us than find it on their own.
Key parameters

The numbers that define PCoin

Everything below is consensus, fixed in code, and auditable in the public repository.

TickerPCN
Max supply21,000,000 PCN — hard cap, identical to Bitcoin
Block subsidy50 PCN, halving every 210,000 blocks
Block time10 minutes (target). Difficulty retargets every block using LWMA from height 2800; before that it used Bitcoin's 2016-block retarget (see the explorer for live blocks and the spacing actually achieved)
Proof of workRandomX, fixed key PCoin/RandomX/v1, light-mode (256 MB) verification. Block IDs remain double-SHA256.
BaseFork of Bitcoin Core v29.4 — independent network, own genesis, own magic
P2P / RPC ports9444 / 9443 (mainnet)
Network magiccf a2 d1 b8
AddressesLegacy start with P (base58 prefix 55); native segwit pc1...
Genesis block IDa95d51f0cbf25cad10c35961c6189356525d079835f02e83e2395f382fbe264a
Genesis time1785600628 — timestamp string: “PCoin 01/Aug/2026 an independent chain is born”
Launch difficultynBits 0x1f0fffff — about 4,096 expected hashes per block at launch (a phone can bootstrap the chain)
Config / datapcoin.conf · ~/.pcoin (Linux) · %LOCALAPPDATA%\PCoin (Windows)
Download

Get PCoin

Each download points at the release that built it, so a link never quietly turns into a different file — and each part ships on its own schedule, so the wallet can update without the miner moving. Mining is off by default everywhere: a node that mines before it has synced is building on a chain it has not checked.

Windows

Node, CLI and tray app in one archive. Unzip and run, or use the one command below.

Download (.zip) or install with one command

Linux

Debian and Ubuntu. Installs pcoind and pcoin-cli with a systemd unit.

Package (.deb) or portable .tar.gz

Android — miner

Full node, wallet and CPU mining on your phone. arm64.

Miner (.apk) read this first

Windows — wallet

Balance, send, receive by QR, history, address book. Carries its own full node; no mining. Runs beside the miner if you have both.

Wallet (.zip) or install with one command

Android — wallet

Balance, send, receive by QR, history. Carries a full node; no mining. On Google Play since 4 September 2026.

Get it on Google Play or the .apk read this first
Before you install. The config file is pcoin.conf, not bitcoin.conf — a node handed the wrong one ignores it silently. The Linux package deliberately installs as pcoind so it can never collide with Bitcoin Core. Uninstalling never deletes your wallet on Windows or Linux: it is left in C:\PCoin\data or /var/lib/pcoin for you to remove yourself. One exception, and it cost coins: the Windows miner versions 1.3.16–1.4.1, pinned here for five hours on 3 September 2026, shipped an uninstaller that said it had saved the wallet and then deleted it. 1.4.2 fixes it. If you installed that day, run irm https://pc.am/dl/install.ps1 | iex before uninstalling — Settings > Apps runs the copy on your machine, not the fixed one.

Android is different, and this one can cost you coins. The APK holds its wallet in app-private storage, so uninstalling the app destroys that wallet. Write your twelve-word recovery phrase down before you remove or replace it. Android also refuses to install over an app signed with a different key, so if you are running an earlier build from source you must uninstall first — with the same consequence. That includes moving to the Google Play version: Google signs store builds with its own key, so Play cannot upgrade an APK from here — Android makes you uninstall, and that erases the wallet and the saved addresses. Write your twelve words down and export your address book before you switch.

Check what you downloaded. Every file's SHA-256 is published at pc.am/dl/SHA256SUMS.txt and alongside the release. They prove the download is intact; they are not signatures, and the builds are not reproducible yet.
For developers

Accept PCN in your own product.

There is no gateway to sign up with, no merchant account and no fee. You watch the chain for payments to addresses you derive yourself, and you keep your own keys. Five production systems run on exactly this — the guide below is the one they were built from, including the mistakes they made first.

The three endpoints you need

All three are public, unauthenticated and free. No key to request, no quota to negotiate.

  • Paymentsexplorer.pc.am tells you what an address has received, and at what height.
  • A second opinionexplorer2.pc.am is a separate node, so you can confirm a payment against two independent sources before you credit anyone.
  • Pricingprice.pc.am returns serviceRate, the USD value of one PCN. Read it at the moment you credit; never hardcode it.

What a payment check looks like

# has this address been paid?
curl -s https://explorer.pc.am/api/address/pc1q…/summary

# what is a PCN worth right now?
curl -s https://price.pc.am      # -> {"serviceRate":<USD per PCN>, …}  read it live, never copy it

Credit after 6 confirmations, and key your ledger on (txid, address) — not on (txid, vout). That one detail was shipped wrong by every integration before it was caught, and it silently loses a customer’s deposit rather than erroring. The guide explains why.

Read the integration guide →

It covers deriving addresses from an xpub without putting a private key on your web server, the confirmation gates, reorg handling, refunds, and a go-live checklist.

Get started

One command. Then watch it mine.

There is no mining software to find, configure or trust — the miner is inside the node, and the node is what the one command below installs. Point it at an address and it runs.

1

Get an address

On Windows and Android the miner makes a wallet for you — write down the twelve words it shows. On Linux the machine holds no key, so install the wallet app first and use an address from it. That address is where your mining pays, and those words are the only way back to it.

2

Install

One command for Windows, one for Debian/Ubuntu, an APK for Android. Each verifies its own download before it runs — full instructions per platform.

3

Paste the address in

Setup checks it against the node, so a typo is caught before it costs you a block rather than after.

4

Wait for sync, then mine

Mining starts by itself once the node is caught up. Starting sooner would build on blocks it has not checked.

quickstart — PowerShell (Windows)
# One command. Downloads the miner, checks it against the published
# SHA-256, installs it, and starts mining -- auto-tuned to the fastest
# core count for your CPU. Approve the UAC prompt to finish setup.
irm https://pc.am/dl/install.ps1 | iex

  PCoin 1.3.17 installer
  sha256 ok
  tray app present
  desktop shortcut created
  configured to mine with 4 cores

# Prefer to do it by hand? Download the .zip above, unzip it anywhere and
# run PCoinTray.exe. Same files, same result.
quickstart — bash (Linux)
# On Debian or Ubuntu, this is the whole thing.
# It checks the download against the published SHA-256, installs the
# node, then asks where to pay your block rewards.
curl -fsSL https://pc.am/dl/install.sh | sudo sh

  checksum verified
  installed

  PCoin miner setup
  ------------------------------------------------------------
  + node running, at height 3591

  Where should block rewards be paid?
  Payout address: pc1q…
  + address checked by the node and valid

  Mining threads [3]:
  Run at low priority so other software always wins? [Y/n]:
  ------------------------------------------------------------
  + payout address : pc1q…
  + mining threads : 3 of 4
  + priority       : background (nice 15, idle IO)
  ------------------------------------------------------------
  Mining.

# Watch it work. Press b for your balance, q to quit.
# A real session from 15 Aug 2026, left exactly as it was. The network was
# 53.5 kH/s that day and is more than ten times that now, so the share
# and the block estimate below are HISTORY, not a forecast — the same
# machine would wait far longer today. The tool reads both live; use the
# calculator above, or pool.pc.am, for what to actually expect.
pcoin-mine

  PCoin miner
  Status         * mining with 3 of 4 cores
  Hashrate       128 H/s   of 53.5 kH/s on the whole network -- 0.24%
  A block every  2d 17h    estimate, and luck swings it wildly
  Blocks found   0

  Chain          3591   up to date, 8 peers
  Paying to      pc1q…

# Rewards go straight to the address you gave — this machine never
# holds a key, so there is nothing on it worth stealing. Point as
# many machines at one address as you like.

# Change your mind later, or stop mining without stopping the node:
sudo pcoin-setup
sudo systemctl stop pcoin-miner

# Prefer no packages? Take the portable archive instead:
#   .../releases/download/v1.3.0/pcoin-linux-x86_64-miner.tar.gz
# then run ./bitcoind -daemon from inside it.
What to expect: mining is a lottery. The next block your miner finds can arrive in seconds or take a long time — that is the nature of it, not a fault. As more people mine, difficulty rises and blocks get harder to find; from height 2800 it adjusts every block (LWMA) rather than every 2016. Config lives in pcoin.conf — note the name, it is not bitcoin.conf — and data in ~/.pcoin (Linux) or %LOCALAPPDATA%\PCoin (Windows).
Roadmap

Near-term goals

No dates promised, no tokens sold. Shipped items say so; everything else is still to do, and nothing here is described as finished before it is.

  1. Android node + miner app Shipped

    An app that runs a full node and mines on your phone's CPU. The clearest proof of the mission: money creation from the device in your pocket. Built from the same source as the wallet below.

  2. Android wallet app Shipped

    A wallet-only build with no miner in it: balance, send, receive with a QR code, and history. It carries a full node rather than trusting a server, which the whole chain still being small makes practical. A twelve-word recovery phrase restores it on any device.

  3. Block explorer and public API Shipped

    Live at explorer.pc.am: blocks, transactions, addresses and a rich list, plus a read-only JSON API at /api for wallets and, eventually, exchange integrations.

  4. PCN accepted by three live services Shipped

    Not a pilot and not a promise: AI Control, webai.pc.am and @MyWebsiteBuilderBot all take PCN today. Each issues you an address only your account is credited for, waits for confirmations (three), and converts at the rate published by price.pc.am. Every deposit is checked against two independent block explorers before any balance moves, and a deposit that cannot be corroborated is held rather than credited.

  5. Second block explorer Shipped

    A second indexer on a different machine, reading from a different node, exists so no single explorer decides whether your money arrived. The payment services compare the two and refuse to credit when they disagree.

  6. 100 independent nodes In progress

    Get one hundred people running always-on nodes in different places. Decentralized block production and history is the foundation for everything else. Today the number is far smaller than that, and most of the hashrate flows through one pool — ours.

  7. Browser-based wallet Planned

    Not built yet. The intent is send and receive without installing anything, for people who will never touch a command line. Until it exists, the Android wallet and the desktop node are the only wallets built for it; the Komodo listing above lets other software reach the chain, but nothing there is aimed at a first-time user.

  8. Tipping and person-to-person payments Planned

    Paying services with PCN now works — see the five above. What does not exist yet is paying people: tipping a creator, settling a small debt, sending value to someone who is not a merchant. That needs a wallet ordinary people will actually install, which is why the browser wallet sits above this one.

Honest notes

Read this before you mine

A fair coin deserves fair disclosure. Here is everything we'd want to know in your place.

Young, experimental chain

PCoin launched in August 2026. It is an experiment in fair money creation — not an investment. It has no exchange price — the rate at price.pc.am is posted by the project, not discovered on a market, and the wPCN pool follows it — and nothing here is financial advice. Treat PCN as something you mine and learn with, not something you buy.

Security grows with you

A proof-of-work chain is only as strong as its honest hashrate. Today that hashrate is small, so the network is not yet resistant to well-resourced attackers. Every new miner and node makes it stronger. That is exactly why participation matters.

Hashrate is concentrated, and who holds it changes

On a chain this small one party routinely holds more than half of the hashrate, and which party that is has changed more than once in a month — in August an outside address (71% of blocks 4125–4274, measured on 19 August), today our own pool. A miner holding a majority can reorganise recent blocks and reverse a payment that already looked settled. Shallow reorgs of a block or two do happen here (the explorer counts them); the supply is exact. Against a majority no confirmation depth is provably safe — waiting longer buys time and cost, not certainty. If you are accepting PCN for anything that matters, wait deeper than you would on a chain with spread-out hashrate, and watch for reorgs rather than trusting depth alone. Recompute the share yourself from the public explorer — every coinbase is on the chain — and use a window of several hundred blocks, because 60 blocks is mostly sampling noise. More independent miners is the only thing that fixes this.

Open source, auditable

The full source is public on GitHub under the MIT license, based on Bitcoin Core. Don't trust our claims — read the diff.

Who is behind this

A small project, and it says so.

PCoin is not a company and does not pretend to be one. It is maintained by one person, in the open, with everything it runs on published under an MIT licence.

Pars — maintainer

Chain, node, wallets, pool and the payment rails. Works under the handle pars, which is the same identity on every surface this project has: the source repository, the commit history behind every release, and [email protected]. That is a pseudonym rather than a legal name, and it is said here plainly rather than left for somebody to work out.

What is verifiable is the work, not the name. The chain has produced blocks continuously since 1 August 2026, every binary is built from the public tree, and the whole history — including the mistakes and the fixes — is in the repository for anyone to read.

One maintainer is a real risk

Pretending otherwise would be dishonest. The mitigation is not a promise that nothing will happen; it is that nothing here depends on the maintainer staying.

The chain does not need us. Nodes find each other by gossip once they have run before. If every server this project owns disappeared, existing nodes would keep mining and settling; only a brand-new node would need a peer address, and any live peer works.

The pool holds no keys. Payouts are paid by the coinbase directly to miners, so a pool operator cannot lose them or take them. Anyone can run a competing pool — and someone should, because concentration in ours is the most real risk this chain currently has.

Your coins are yours. Wallets are twelve-word BIP39 with a published derivation path and test vectors, so any conforming wallet can restore them whether or not our software still exists.

Problems, questions and disagreement are all welcome: [email protected], Telegram, or an issue on the repository. Anything that affects people holding PCN is announced on Telegram first.