BitClubPool Review
BitClubPool
bitclubpool.com
The Bitclub Network holds roughly 2.2% of all mining pool shares and comes in at #7 in the largest mining pools. It is the 13th largest bitcoin mining organization, mining roughly 1.33% total bitcoins.
Bitclub is largely promoted by using an MLM type referral set up, which means you can earn money by getting other users to sign up with your referral code. Some researches claim Bitclub is a Ponzi or pyramid scheme. With that said, you should always heed to caution and do your own research. The purpose of this review is to provide information, not determine the validity of any project or company. With that said, Bitclub has received a lot of negative feedback and is considered a high-risk investment within the crypto mining community.
Bitclub does have a statistics section easily available on its website allowing anyone to view the performance of pools and hash rates.
Bitclub network operates a little differently than most other mining pools. Initially, you will be charged $99 to sign up, but after this initial payment you will then need to join a mining pool. These are as follows:
Mining Pool #1:
Cost per share: $500
Daily income time: 1000 days
Reinvestment: 50% which will increase your mining pool share
Mining Pool #2:
Cost per share: $1000
Daily income time: 1000 days
Reinvestment: 40% which will increase your mining pool share
Mining Pool #3:
Cost per share: $2000
Daily income time: 1000 days
Reinvestment: 30% which will increase your mining pool share
Founding member:
Cost per share: $3500
WARNING: Bitclub is a scam