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Bitclubnetwork opportunity

BITCLUB NETWORK BIG PICTURE

I’ve been in a cryptocurrency space for quite a while now. Despite of the fact that I did a major mistake back then in 2010 I still remain my positive attitude towards this revolutionary technology.

When I joined BitClub Network not too long, I was pretty confident that I made the right choice. To be honest, I was not taking it seriously even after I invested the money and started to see the real results from mining operations. I guess it is a normal thing when you have something new in your life. Now I am more than confident that I hit the right direction.

I want to give you a clear picture of what this company is all about and try to address as much as possible that is related to this company.

Part 1 — how it works?

For starters, let’s define what BitClub Network is, right?

BitClub Network — is the largest crowdfunded Bitcoin mining pool in the world.

For those who do not understand the concept of crowdfunding, it is a way of collecting a capital (money) by a large number of people.

How this crowdfunded concept works in BitClub?

• First, the most obvious one, you need to become a member of BitClub Network (one lifetime payment of $99).

• Then you are able to buy a share from 3 mining pools ($500, $1000, $2000 respectively). By doing this you are investing in the real equipment that is going to mine Bitcoins for you (we’ll talk about specifics later on).

• Next, wait 10 days so that the equipment will be bought and sent up in Iceland (the main mining datacenter of BitClub). This is mandatory, you cannot change this. But come on, you can do it.

• When 10 days pass by, you will start to receive commissions from your mining operations in Bitcoin, which depending on which pool you invested in will differ.

• And of course, you can withdraw your earned Bitcoins afterwards to your own wallet.

Part 2 — who owns it?

Here’s a deal, because this network is crowdfunded one, we have a different type of structure. Basically it is a decentralized corporate structure, which is awesome I believe. And the reason of why it is awesome is because we cannot be shut down anyhow.

Thus, BitClub is run by a group of programmers, bitcoin mining experts, and investors who have come together with Network Marketing leaders to offer a simple referral based mining pool. In this way everyone knows their role and they really do have an incredible team assembled here.

However, we prefer to let the technology and our business model do all the talking and we like think EVERYONE who owns a share of our pools owns a piece of BitClub Network too.

The most active representatives of BitClub for my knowledge are:

1. Russ Medlin (founder)

2. Joby Weeks

3. Ryan Conley

4. Joe Abel


This is the most beautiful thing about Bitcoin — it is transparent. There is no better proof that this one. You can observe how much we’ve mined so far, and how much money was distributed to our members ( we’ve mined over 30,000 Bitcoins which is equivalent of over $ 25,797,936.90 for the current rate of Bitcoin of $875) You can watch all the blocks that we’ve mined so far on the blockchain and on our BitClub pool which is fully transparent for everybody.

You need to know that, BitClub is set up as a network marketing opportunity, which means that you also will get paid by sharing about Bitcoin and our company. Our main goal is to educate people about Bitcoin, so that it can be used by more and more customers.

However, it’s not obligatory to refer people to earn money here. That what people usually misunderstand and believe that it is a pyramid scheme or whatever. It’s not. Even if nobody else joins BitClub, we still will earn our profits, with or without new members.

Our mining datacenters are located all over the world, the biggest one is in Iceland, which provides 100% clean and renewable energy by utilizing natural Hydroelectric and Geothermal technology.

BitClub is established in a way, in which we always buy the latest equipment possible. How? When you’re investing your money, one of the part is going towards buying partial shares and the equipment. In this way we stay competitive in the marketplace, while the others quit.

BitClub is using Bitfury’s and Bitman’s mining equipment, which both are the best on the market. To the end of last year 2016 we have a plan to work exclusively on 16nm models, which are the most efficient.

• Ethereum mining

BitClub is also involved in Ethereum mining, while it it still possible. The potential of this technology is huge, so we cannot miss such opportunity.

However all new members won’t be able to do that because we already had multiple sellouts of mining shares, the last one was in the late June.

BitClub has its own distribution channel, which allows add new revenue streams easily and smoothly.

By revenue streams I mean the ways of earning money for our members. For instance now they are either already have or working on the following:

• Bitcoin mining

• Ethereum mining

• Network marketing opportunity

• Clubcoin

• Coinpay (The World’s First Smart Payment App - currently is in development mode)

• Bitcoin/Clubcoin ATMs network

• Bit.life (Yelp but for the Bitcoin)

From the words of Russ, ones they set up those streams and make them up and running for several months, they will add another 4 or 5 revenue streams, which is kind of awesome.

To sum up, I would like to say thanks a lot for your time because I know it is valuable. I hope you now have a big picture of what BitClub is all about. It’s not only about mining, it’s about creating a community and the Bitcoin culture itself.


This article was published on 15.08.2017 by Kafayat Akande
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