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The BitCoin BitClub Guide - Part 12

· Bitcoin,BitClub Network,Crypto Currency

If you want to purchase Bitcoin as an investment and you want to join the BitClub Network Company, so that BitClub can mine Bitcoin on your behalf to grow a stable and increasing investment for you, please Join BitClub Here For Free. Once you join, you will be set up with a free lead account and receive follow up emails detailing how you can create a Bitcoin investment account with The BitClub Network. For any answers to questions Contact Clyde Thorburn Here.

Request your Equipment. If you would like to buy out of your mining pool you have an option to do so at any time during the first full year of your membership. This is not a refund as you are requesting to take possession of the mining equipment that you have purchased with your share of the pool. In this case you will automatically forfeit all future mining pool earnings in all pools, including earning any commissions from the compensation structure. With this buy out option you will be shipped the sum of all your hashing power at the time you request the buyout. You will take full possession of these miners and will still be eligible for any remaining warranty on the machines. When exercising this option, it is final. Taking possession of your machine/s. When you purchase a share of a mining pool, your Bitcoin is being used to purchase actual mining hardware for the pool. BitClub use their purchasing power to get better deals and avoid paying retail. With the volatility of Bitcoin this is very important because the value can fluctuate by 10%, up or down, within the same 24 hour period.

This makes an individual share difficult to value because depending on when you purchased it could be 1 machine, 2 or even more. For this reason you must contact BitClub by opening a support ticket and requesting a quote on how much hashing power your shares are currently worth. This number depends on the age of your account and the total accumulated shares, including partial shares. Whatever the total is BitClub make you a “buy-out” offer and provide a shipping quote to your location. This could end up being 1 miner, 5 miners or even 20, depending on the models and your shares. So each quote will be personalized to your account and current market conditions. You are responsible for all shipping and transport fees and you cannot combine accounts to add up to a full share, each account will receive its own custom quote. If you would like to take possession of your mining equipment BitClub can help you set them up and start mining to the BitClub pool directly or any other pool of your choice. Once your buy-out has been accepted BitClub will unplug your machine/s and start the shipping process.

You will not be compensated during this time and once you agree to the buyout and the machine is unplugged, you will no longer own your mining shares. BitClub don’t recommend you do this unless you have some experience running these machines or you plan to re-sell them quickly. Mining on your own is difficult and if you are not a technical person it can very difficult to make any profits or even keep the machines hashing. Not all of the mining equipment will come in original boxes and all the machines will be subject only to the original manufacturer’s warranty, if it still exists. You are fully responsible after taking possession of your equipment and must contact the original manufacturer for any issues. Taking possession of your miners will cancel your shares and you will forfeit all future mining share earnings in the pools you cash in. Your membership will remain active and you may still be eligible to earn other commissions or purchase additional shares in the future. Contact BitClub for more details.

Read more about Bitcoin and The BitClub Network.

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