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What Is The Bitcoin BitClub Network All About - 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.

The BitClub Network is just like many other mining pools except that the management of BitClub offer an exclusive opportunity for members to buy shares in the hardware and are then get paid to share it. As a result of this, BitClub members will earn a daily share of all Bitcoins being mined by the respective pool. The BitClub mining pool is set up for miners to plug in and earn a share of all Bitcoin by pointing their existing mining equipment to the BitClub mining pool. BitClub team management offer realistic and profitable incentives for miners who join the BitClub. The pool can be viewed at The BitClub Network also provides a referral based system that allows any BitClub member to purchase shares of mining hardware and get paid a commission. With BitClub's distinctive affiliate model and daily Bitcoin pay-outs BitClub outpaces nearly all other mining operations on the planet. As a member of BitClub you own a piece of the mining hardware being purchased and depending on the amount of shares you own and the country you live in, you can request to take possession of your own equipment. You can request this at any time before your shares expire. When you purchase a share of a mining pool, your Bitcoin is being used to purchase actual mining hardware for the pool.

BitClub then uses their purchasing power to attract better deals and avoid paying retail. With the volatility of Bitcoin this is very important because the value can fluctuate by ten percent or more every twenty four hour period. This makes an individual share a little difficult to value because depending on when you purchased it, it could be one machine or two machines or even more than two machines. When this happens, members must contact the BitClub Network management team 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 will make you a "buy-out" offer and provide a shipping quote to your location. This could end up being one miner, five miners or even twenty miners, depending on the models and your shares. Each quote will be personalized to the affected member's account and to the current market conditions. Members will then become responsible for all the associated shipping and transport fees and the affected member cannot combine accounts to add up to a full share. Each account will receive its own custom quote. Members wanting to take possession of their own mining equipment will receive help from the BitClub team, if requested and the member can then start mining to the BitClub pool directly or mining to any other pool of the member's choice.

Once your 'buy out' has been accepted BitClub will unplug the related member's machine/s and start the shipping process. The respective BitClub Network member will not be compensated during this time frame. As soon as the member agrees to the’ buy out’ and the machine is unplugged, the affected member will no longer own their previously allocated mining shares. The BitClub Network management do not recommend that members mine their own BitCoin unless the member has some experience running these machines or the member plans to resell them quickly. Mining on your own is difficult and if you are not a technical person it can be very difficult to produce a profit and to keep the machines hashing. Not all the mining equipment will be packaged and delivered in their original boxes and the mining equipment will be subject exclusively to the original manufacturer’s warranty, if it still exists. The member will be held fully responsible after taking possession of their equipment and must, in all cases upon delivery, contact the original manufacturer of the mining equipment with any related issues regarding the equipment. Taking possession of your mining equipment 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.

Read more about Bitcoin and The BitClub Network.

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