How does Profile Rank and profile rank experience work in CS:GO?

Today's update apparently brought some new things, including a new ranking and exp system to each player's profile.
Now I'm curious. How do I level up, and what's the maximum rank? Does this affect competitive stats whatsoever?
Best Answer
As we can read on the official blog (http://blog.counter-strike.net/), this is just a new mod, but it won't change the matchmaking content and competitive rank. On this page, we can see at least 9 ranks, but I think there will be more (http://www.counter-strike.net/operationbloodhound/)
However, it seems that your stats in Matchmaking could rank up you on this new rank. You will also need a rank 3 to particupate in match making from the new update.
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What is Profile rank CS:GO?
Your CS:GO profile rank is displayed above your competitive skill group and increases through match XP. Match XP is earned in both casual and competitive matchmaking and is earned after the match has concluded. Max profile rank is 40. Players electing to receive a Service Medal will have their profile reset to rank 1.How is XP calculated CS:GO?
The amount of XP the player earns at the end of a game is determined by player performance during the game, applied through the game mode's multiplier. Excluding competitive matches, this multiplier uses the player's score. The competitive multiplier uses the player's won rounds during a match.How many XP ranks CS:GO?
Currently, CSGO boasts around 40 levels, and you earn XP towards them by competing in any CSGO game mode. It's important to bear in mind that most of these points needed can be picked up by playing in the main competitive mode, where you'll grab bonus points for every round that you win.CSGO: Ranking System - Explained in Under 3 Minutes!
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Answer 2
Is there a limit to the number of times I can increase my Profile Rank?
There is no limit. Regardless of how much you play, you can always continue to gain XP toward a new Rank.
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