With each pool you purchase a share of hardware which mines crypto-currency for you. Digital currency is paid to you
daily in Bitcoins right in your wallet. However a percentage goes to create additional commissions and also to
repurchase additional equipment for you, to make your pool grow perpetually and compound over time. This is where
our real power and profits come in! By taking a percentage of all the Bitcoin mined and putting it toward a re-purchase
we have basically created an automatic income without “autoship” that members NEVER have to pay out of their
pocket. And for chipping in daily you are rewarded with a larger share of cryptocurrency. With a structure like this
everyone wins! And this is why we believe we can become one of the largest pools in the world in many
cryptocurrencies blockchains! All shares are paid for 1000 days then they expire and you need to renew. However,
because of the mandatory repurchase, even if you don't renew your original expenditure, your pools will continue to
profit forever based on the amount of accumulated repurchases. You can even set the pools at 100% repurchase to
further compound your crypto profits.
Why do Bitclub pools work so well?
Because of how mining actually works, it is always getting harder for smaller mines to make profits. There are two
factors which affect mining: 1) The difficulty level on the blockchain increasing with time and 2) the equipment gets old
and needs replacing. This is actually why mining pools were created in the first place. In the early days, anyone could
mine with their home computer and hit a block. Now, even if you have millions worth of equipment you still might be
too small to solo mine and be profitable, so the entire industry has quickly turned to mining in pools and sharing profits.
In order to be profitable today, you need to have massive purchasing power and this is where you come in! With our
business model instead of raising millions of dollars from a VC firm or private investor, we are allowing members to pool
their money together and make large purchases. This means bigger discounts on hardware, fewer electricity costs, and a
much more efficient mining operation.
It’s very important to understand that we DO NOT guarantee a mining share will have a "set" return. In fact, you will
never hear us make any claims about how much you will earn from having a share in our mining pool because the truth
is we don’t know. We can only give you historical data.
POOLS CALCULATIONS: If the total Bitcoin mined for the day = 1 BTC and there are 100 shares outstanding then each
share earns .01 BTC. From this total, 50% is paid directly to the member as mining profit (.005 BTC) and the other 50%
(.005 BTC) is stays with company and reinvested back into you. Portion 1) is calculated in the compensation plan for
commissions and portion 2) is a mandatory repurchase to fund new equipment and to purchase additional shares in
behalf of the member so your pools grow perpetually. This repurchase amount is 50% for pool1, 40% for pool2 and 30%
for pool3
