Bitcoin Forum

ANN: Phicoin (PHI) - The PoW High-Performance Infrastructure 🚀

Phicoin (Φ) is ushering in a new era for Proof-of-Work (PoW) cryptocurrencies with the official launch of its mainnet. This marks the beginning of a fully decentralized, miner-led blockchain designed for fairness, decentralization, and high performance. With our innovative Phihash algorithm, we are building a high-performance blockchain infrastructure for sustainable mining rewards. Join the mainnet today to experience the future of decentralized mining at its best!

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Blockchain Overview

Phicoin is a high-performance cryptocurrency based on the Proof-of-Work (PoW) mechanism. It is designed to address the challenges of centralization and outdated hardware in the cryptocurrency mining space. By leveraging an innovative mining algorithm called Phihash, Phicoin aims to provide a fair, decentralized, and robust blockchain infrastructure for all participants.

Key Features of Phicoin Blockchain

1. Decentralization and Fair Participation
- ASIC & FPGA Resistance: The Phihash algorithm combines the Ethash cache structure with the randomness of KawPow/ProgPow, effectively increasing resistance to specialized mining hardware.
- Memory Requirements: With a minimum memory requirement of 4GB, outdated GPUs used in large-scale mining farms are excluded, encouraging participation from modern consumer-grade GPUs.
- Floating-Point Computation: Incorporates FP32 logic computation, optimizing performance on GPUs and ensuring fairness for everyday users.

2. Blockchain Specifications
- Genesis Block: The Phicoin genesis block was created on November 16, 2024, with the embedded message:  
    
This marks a historic moment, as we believe Trump will usher in a new future for cryptocurrency.

- Block Time: 15 seconds  
- Block Size: 4 MB  
- Transactions Per Second (TPS): 1,092  
- DAG Size: Greater than 4 GB, increasing by 25% annually  
- Halving Model: Yearly halving for the first two years, followed by fixed block rewards.

3. Mining Algorithm: Phihash
Phihash introduces several innovations to improve security and fairness:  
- Randomness: Utilizes the Permuted Congruential Generator (PCG) to ensure unpredictability in mining.  
- Efficient GPU Utilization: Adds FP32 logic to fully utilize modern GPUs for higher mining efficiency.  
- Dynamic Difficulty Adjustment: Ensures stable block production and network stability.

4. Scalability and Performance
- With a block time of 15 seconds and block size of 4 MB, Phicoin can handle up to 1,092 transactions per second (TPS), making it suitable for modern financial applications.  
- The gradual increase in DAG size aligns with GPU advancements, phasing out outdated hardware and maintaining network efficiency.

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Mission and Vision

Phicoin's mission is to:  
- Ensure Decentralization: Enable fair participation for everyone, from gaming PC users to small-scale miners.  
- Build High-Performance Infrastructure: Support scalable and secure blockchain applications.  
- Promote Sustainability: Create a dynamic ecosystem that evolves with technology advancements.

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Tokenomics

Phicoin adheres to the principles of fair distribution:  
- Mining Rewards:  
  - Year 1: 5 Φ per block.  
  - Year 2: Halving to 2.5 Φ per block.  
  - Post-Year 2: Stable rewards of 2.5 Φ per block.  
- Inflation Control: A structured emission schedule ensures long-term sustainability and controlled inflation.

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Start Mining Today!

Join our mining pools:  
- PPLNS Pool: https://pool.phicoin.net (https://pool.phicoin.net)  
- SOLO Pool: https://pool.phicoin.net (https://pool.phicoin.net)

Download the official PhihashMiner software here:  
- PhihashMiner Releases (https://github.com/PhicoinProject/phihashminer/releases)

Explore Phicoin with our blockchain explorer:  
- Explorer: https://explorer.phicoin.net (https://explorer.phicoin.net/)

For developers, visit our open-source codebase:  
- GitHub: https://github.com/PhicoinProject (https://github.com/PhicoinProject)

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Be Part of the Phicoin Revolution!

Phicoin is more than just a cryptocurrency—it is a movement to bring fairness, decentralization, and innovation to the forefront of blockchain technology. Join us on Discord, Telegram, and X for the latest updates, and don't miss out on our upcoming airdrop event!  

Social Media:  
- X: https://x.com/PhicoinNet (https://x.com/PhicoinNet)  
- Discord: https://discord.gg/phicoin (https://discord.gg/phicoin)  
- Telegram: https://t.me/phicoin_official (https://t.me/phicoin_official)

Together, we can build a decentralized, fair, and inclusive future. Start mining Φ today!

More kawpow?

why is the test done on the kawpow algorithm and not phihash?
https://pools4mining.com

Better than kawpow in ASIC/FPGA resistance

Kawpow has a large user base, and we hope that the initial 210 million coins will be more decentralized.
We are working hard to make phihash perform consistently on different platforms. AMD/Nvidia/Intel, and compatible with the latest drivers. We hope that hardware in the same price range can get similar benefits, thus promoting fairness.

Kawpow has a large user base, and we hope that the initial 210 million coins will be more decentralized.
We are working hard to make phihash perform consistently on different platforms. AMD/Nvidia/Intel, and compatible with the latest drivers. We hope that hardware in the same price range can get similar benefits, thus promoting fairness.

Why is this better than private + asic resistant monero?

It seems there is no proof the mining work is actually doing on Phicoin test network  ???
The pool may proxy to mine other kawpow hash coins.
Has anyone any idea how to check this is genuine testing for a new coin?

Total Supply ∞
Umm Why?

Thank you all for your continued support and engagement with the Phicoin project! Over the first day of testing, we’ve gathered some frequently asked questions from our community. In this summary, we aim to address common topics of interest and provide clear guidance moving forward.

We are also excited to announce the launch of Phicoinbot 🤖, an AI Agent now available in our dedicated FAQ channel, ready to assist with your inquiries at any time.
🔑 Key Features of Phicoinbot:

    Real-Time Assistance: Phicoinbot is always online to provide instant answers to your questions.
    Continuous Learning: As more questions are asked, Phicoinbot evolves by learning from the community’s daily interactions.
    Transparency: All Q&A interactions are recorded and accessible, allowing members to benefit from previously answered questions.




Join our FAQ channel on Discord here: https://discord.gg/nxYEM6kDqj 🎉

We encourage everyone to actively participate in the FAQ channel and help grow the Phicoin knowledge base. Every interaction helps Phicoinbot improve and ensures better service for the entire community.

Thank you for your ongoing contributions. Let’s build a stronger Phicoin ecosystem together! 💪 If you have further questions, don’t hesitate to ask Phicoinbot in the FAQ channel.

The Phicoin Team
October 25, 2024

Is it really... as i have tired to start test mining.. to support the community... this made me little worried.

Its a scam, If you mine on their pool its on block 3557905 and epoch 474. If you bring it up in the discord you will get banned. Also they are not using the testnet period to test their own algo but use kawpow.

last bullrun there was a scam coin called phi,it was using the same ticker as a legit coin called phi on coinbase,seems like a repeat because there is still a legit coin on coinbase called phi and its not this one...

here is the real phi  https://coinmarketcap.com/currencies/phi-token/

They even almost perfectly copy the logo..just some minor differences.

I want to answer your questions.

1. Phi is a Greek letter, which belongs to all human beings.
2. Phicoin is a coin, an asset mined by miners using the PoWer mechanism, not a token.
3. PHI is the abbreviation of The PoW High-Performance Infrastructure, which will be different from all other projects called phi.

When  will discord community will be active .. at present i see there is no much activity or response on discord.. also how can we contact team for any support and understanding for coin

Thank you for your inquiry. Our Discord community will become more active after the mainnet launch, as we plan to roll out a Discord airdrop program alongside additional marketing activities. At this stage, we are actively developing a Discord bot to automate management and provide prompt responses to community questions. This is essential for the future of our community, as it will help us filter out harmful advertisements and phishing links while offering users a streamlined support experience.

There is a huge issue with hash rate showing on testing  pool.. my worker show 450 MHz on worker console and testing pool only shows 175 Mhz for more then 3 hours.. how this is possible.. This way never will get correct share.. where our shares going dont know..

Hi, Can you ping the mining pool server? Is it caused by network delay or packet loss?
ping testmining.pool.phicoin.net -t

There is a issue with website for pool.  again today my hashrate is showing very low.. and  today it is like only 5 workers are showing in my account which  is i dont know where my other workers gone. and all my workers i see working fine and mining and shares are accepting..

also there is no one to response on  discord.

Hello, thank you for your feedback! To help us better diagnose the issue, could you please share the results of a ping test to the mining pool server? You can run the following command and paste the results here:

ping testmining.pool.phicoin.net -t

Also, could you let us know which kind of the mining software you are currently using? This information will help us determine whether the issue may be related to network latency, packet loss, or other factors affecting the hash rate.

Thank you!

[PHICOIN Logo Design Contest Update!! | Win 1000 PHICOIN + $100 USDT!]

Contest Update:  
Calling all designers! Help create PHICOIN’s official logo as we gear up for our mainnet launch. The logo must include the Greek letter Phi (Φ).

How to Enter:  
Submit your design in the “logo-submissions” channel on PHICOIN’s Discord.

Rewards:  
Top design wins 1000 PHICOIN + $100 USDT! Every participant receives 1 PHICOIN as a thank-you.

Deadline Extended:  
Submit by November 5th, 11:59 p.m.

Join us on Discord: Discord Link (https://discord.gg/PkjMCBNNac)

Join us in shaping PHICOIN’s future—good luck!

64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=1 ttl=39 time=211 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=2 ttl=39 time=219 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=3 ttl=39 time=242 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=4 ttl=39 time=227 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=5 ttl=39 time=246 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=6 ttl=39 time=220 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=7 ttl=39 time=209 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=8 ttl=39 time=231 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=9 ttl=39 time=244 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=10 ttl=39 time=225 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=11 ttl=39 time=212 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=12 ttl=39 time=202 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=13 ttl=39 time=248 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=14 ttl=39 time=244 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=15 ttl=39 time=222 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=16 ttl=39 time=209 ms
64 bytes from 40.233.76.252 (40.233.76.252): icmp_seq=17 ttl=39 time=241 ms


I am seriously surprised as what log of ping will help for my share not showing.. as in miner i already see hash rate at pool and the same or may be little difference in figure is accepted but here say in miner console hash rate is showing 100 MHz as pool hash rate and on pool website same work just shows 50 or even less then 50 MH.

and here there is no point to measure ping or any thing.. yes ping and TTL can be matter if there is slow connectivity or all together connectivity not happening..

Also I see for one particular wallet if i increase my hashrate and my share increase that wallet also seen increase in hashrate and increase in share of same proportion and if i decrease the hashrate and decrease my share that wallet also decrease by same proportion., how this is possible.. i had kept this in observation for last 4 hours and i am purposefully increasing  and decreasing my hash rate and amount of share same increase and decrease i see in that wallet. 

Could you send a private message to a MOD on Discord, providing your wallet address and detailed information? We will help you investigate the issue.

Pinged on discord.. also again i see today right now dashboard gone blank.. no workers show no share no hashrate..

No one to reply at discord

Hello! Thank you for reaching out. The reason for the lower displayed hashpower may be due to the high number of participants (over 1,000) currently mining in the test pool. This volume has led to some delays in cache updates, which can affect the accuracy of hashpower display.

Please rest assured, however, that the final reward calculation is based on the number of shares, not the displayed hashpower. You may also want to check if the shares in your miner match those in your account to ensure the share data is correct.

Thank you for your understanding, and please feel free to DM us on discord if you have any further questions!

There is a huge share rejection in all rigs suddenly.. i dont think this can be rig issue.. as all this rigs were working fine till now and suddenly i see since hour shares are getting rejected is high.. look into immediately..

Share rejection still continue.. there is huge spike in share rejection suddenly.. on all rigs..

This is errors now rigs started flowing..

14:13:48 GPU3: Share #427 rejected: Job not found.
14:13:36 GPU3: Server not responded on share #88


suddenly what happen god knows.. since all this days all rigs and GPUs working fine. but now it started giving problem and my share is decreasing mnt by mnt.. i see PHI is wrong choice to support

Phi launches mainnet. I see real other algo, that mutation progpow+eth. I'm not a pro in coding, but it seems asic resistance. Also Rplant here.

Welcome to Ekapool: https://ekapool.com/#phicoin
Server EU: Server US: Server CA: Server SG:

Welcome to Norhash Pool https://norhash.com/#phi1 = PPLNS  / https://norhash.com/#phi2 = SOLO

yes we are real new algo for miners

The coin came out of nowhere, but in one month showed a very fast pace of development. Could this be the new king of mining? There is small review of the project here: https://www.cryptoprofi.info/?p=16467

There was a faucet to collect coins, does it still exist?

🚀 Phicoin Daily Airdrop Announcement (2024-11-30)!

📄 Today's Airdrop Results!

👥 Participants:

    Total number of eligible participants: 310

🎁 Airdrop Results:

    🎊 1,000 lucky participants randomly received 1 Phicoin each. Check the full list in lucky_users.txt 📄
    🌟 1 super lucky winner received 111 Phicoin! See the winner in winner.txt 🎉

🎈 Thank you for participating! 🌈✨
https://discord.com/channels/1293787516046151691/1293787516046151694/1312491453938663434
https://discord.gg/phicoin

Chinese's tutorial for configure with Hiveos and windows :  https://youtu.be/3KPNJzN9Fg0

🚀 Phicoin Daily Airdrop Announcement (2024-12-03)! ✨

📄 Today's Airdrop Results!

👥 Participants:
📌 Total number of eligible participants: 320
🎁 Airdrop Results:
💎 1,000 participants randomly received 1 Phicoin each. See the full list in lucky_users.txt.
🎉 1 lucky winner received 111 Phicoin! See the winner in winner.txt.
https://discord.gg/phicoin

https://zpool.ca/images/zpool_logo_512.png (http://zpool.ca/)

Hi,
We've added Phi (PHI) to http://zpool.ca/algo/phihash. See below for connection details.

Fee only: 1% or less
BTC payouts are processed once a day for balances above 0.00075
Payouts for all other currencies are made automatically every 4 hours for balances above 0.05 and balances more than 0.0125 are included in one of the payouts each day.

- Sample configurations -
To mine phihash and get paid in PHI:

Exchange to BTC:

All of our ports are NiceHash friendly, no need to specify any extra details

SSL/TLS is available for all ports. Simply prepend the port with a 5. Example for phihash: 51329

==============================

Support: https://discord.gg/n45n6Jj
Twitter: https://twitter.com/_zpool_

Its funny how when you click on the calculator link it takes you to scam coin phiblock. Did you guys forget to change something

Hi, thank you very much for your question. Phicoin is The PoW High-Performance Infrastructure, a brand new coin with a brand new algorithm. In addition, can you tell us where the calculator is?