Whitepaper
Whitepaper
PLX Network is a free mobile cloud mining app. You start a mining session on your phone, our cloud infrastructure runs it, and PLX is credited to your balance while it runs. You need no mining hardware, no technical setup and no money to start.
This whitepaper explains how PLX works today and where it is heading: why we are building it, how your mining rate is calculated, how the 1,000,000,000 PLX supply is capped and shared out, the four-year plan that began on 1 May 2026, and how we protect your account and data.
PLX at a Glance
| Item | Detail |
|---|---|
| What it is | A mobile cloud mining app for Android |
| Cost to start | Free, with no hardware needed |
| Consensus model | Proof-of-Participation (POP) |
| Mining sessions | 24 hours, restart any time |
| Total supply | 1,000,000,000 PLX (hard cap) |
| Mining Rewards | 55% of supply (550,000,000 PLX) |
| Mining phase | Four years, started 1 May 2026 |
| Current stage | Phase 2: Mining Phase & Ecosystem Setup |
Contents
- Introduction – why cryptocurrency matters and the access problem
- Mission – why PLX Network exists
- The Problem – what holds people back from mining
- The PLX Solution – cloud mining from your phone
- Proof-of-Participation – how a session works and how your rate is built
- Mining & Distribution – referrals, teams, check-ins and fair play
- Tokenomics – 1,000,000,000 PLX hard cap
- Halving Schedule – how mining emissions step down
- Roadmap – four years, four phases
- Security & Trust – how your account and data are protected
This whitepaper describes PLX Network as of October 2026. It is for information only and is not financial, investment, legal or tax advice. Plans and dates are goals that may change as we learn.
Version 1.1
Last updated October 2026