BitClub Network continues to grow very fast all over the world and in most cases we are introducing people to Bitcoin and Blockchain technology for the very first time. In fact, we estimate about 70% of our members will open their first Bitcoin wallet and complete their first Bitcoin transaction to join our network.
This means we are having a big impact on the adoption of this entire industry and as we introduce more products, more services, and more opportunities we believe that we can help shape the future of this digital currency revolution.
When we first started we just wanted to help people accumulate more Bitcoin and be a part of this exciting new industry, but now after 18 months our vision has grown much larger and our plans for the future include many new products and services that we believe will add tremendous value to members and to the industry as a whole.
With that said… Our growth and vision comes with an increasing responsibility to the thousands of members who are joining our network. For this reason we are making a very important decision in order to protect what we are building here. This decision is to no longer offer BitClub Network services in the United States!
Yes, BitClub Network is Leaving the US Market…
After careful consideration and many conversations with lawyers, advisors, and leaders within BitClub Network we have decided to stop taking new memberships within the United States and focus on other countries that we are growing much faster in.
As it stands right now only about 6% of BitClub Network members are based in the United States, and since our corporate team is outside the US, and our mining operations are outside of the US we believe there is no reason to operate within the US market and take on any future risk that could jeopardize the other 94% of our members.
With all the new stuff we have coming out, the addition of ClubCoin, our new Merchant Platform, ATM Network, and many other things we are planning to launch we feel now is the ideal time to leave the US market while our footprint is still small there.
What does this means?
All existing members in the US who join before May 1st will not be affected by this action. You will continue to have full access to your membership and your mining contracts and all commissions will continue to pay as promised.
Each member in the US will be given a special grand fathered membership and you will be able to sponsor new members without interruption as long as they reside outside of the United States. There are many things we will be doing to support this decision and those details will be provided as the deadline approaches and we implement this action.
We know this may come as a shock to some of you so if you have any questions please open a support ticket and we would be happy to help you.
Ok now for some good news…
Ethereum Pool Launched Today!
We are excited to launch our Ethereum mining pool today after a successful campaign that sold out all 2,000 shares we offered. We have purchased all of the mining equipment for this pool and have been working really hard the past month to launch it.
The pool payout will be daily and the first payment will be made at the end of today. This first payment will consist of some of the blocks mined during our testing and configuration of this pool. Then moving forward the pool will payout daily based on what was mined in the previous 24 hours.
You may see some fluctuation in these payment over the first week or so as we continue to test optimal settings and implement back up pool options to maximize profits. Here is our pool on the Ethereum blockchain… https://etherchain.org/account/bitclubpool
You can keep track of all the blocks we mine here and we will also be putting up a page on our main bitclubpool.com website in the coming weeks. **If you are looking for the Ethereum page link, you can find it under the Earnings and Resources tab in the Nav bar**
Ethereum is gaining massive traction in the market right now and being able to mine it and share a portion of all the new Ether coins being mined is something we know will pay big dividends in the future. This is not just about accumulating Ether coins, it’s much bigger than this!
Ethereum as a technology has big potential and we already see ways to integrate their blockchain, smart contracts, and other services into our platform. We believe the possibilities here are endless and with many of our members holding these tokens, you can bet more opportunities will become available in the future.
So, if you missed out on getting a share of this pool we strongly suggest you take a look at buying Ether directly and holding it long term. This is not an official recommendation to buy and we don’t have any inside information or insight on this we just really believe in the future of this token!
Remember when Bitcoin was $11? We don’t either but we sure wish we did 😉 The Ether train is just getting started, so do yourself a favor and pay attention to this market because it could be a very good investment!
April First changes.
Starting today we have made a few changes that were scheduled.
#1. ClubCoin virtual staking pool has been cut in half and it’s now more profitable to download the desktop wallet and stake your coins at an average of 20% return on your coins per year.
We are dropping this rate to encourage more nodes!
It’s very important we have many nodes for the future of ClubCoin to be strong and stable. The more nodes we can rely on the more efficient and secure the network will be (and the more valuable our coin will be).So please do your part and download the ClubCoin Wallet
*NOTE: Did you know ClubCoin nodes work based on their location and proximity to other nodes? Think of a big spiderweb, or rather a bunch of smaller spiderwebs that need to spread out in order for remote locations to have a connection. We initially set up 5 geographical seeds and from these seeds the network needs nodes in between to connect everyone together. The tighter the nodes and the more people connected to them the more stable the network is. So lets blanket the entire world with our nodes and create a strong network that can’t be stopped!
#2. ClubCoin give away drops from 6:1 down to 7:1
This means for every $7 USD spent you will receive 1 ClubCoin. This only applies to the $99 membership and the Bitcoin mining pools. The Ethereum pool, debit card purchases, and all partial share purchases do not qualify for the ClubCoin promotion.
The 7:1 ratio is good for the entire month of April and then on May 1st it will drop down to 8:1.
That’s all for now! We have some new features we are bringing live this month, including new stats, marketing campaign trackers, our new lead/member management system, a new binary view page and some other nice upgrades to our platform. We will also have some big updates on the major product launches we are working on as well.
As always thank you so much for being part of BitClub Network and here’s to another great month!