Life is too short to work hard without reward. We aim to "Work Smarter Not Harder" and free up more time to enjoy life. Our aim is to trial potential sources of good Passive Income and to introduce as many people as possible to a Growth Mindset as too many people are closed minded to life and it's exciting possibilities!
Anyone can join BitClub Network and begin earning a passive income by taking advantage of our expertise in Bitcoin mining and other Bitcoin related services.
BITCLUB NETWORK’s Mission: “To help YOU cash-in on Bitcoin as it becomes a mainstream global currency.”
BitClub Network is a community of people who have come together to support Bitcoin and other digital currencies (also called crypto currencies or virtual currencies). They are helping to educate, provide services for, secure, protect, and ultimately profit from this emerging crypto-currency. They have also recently launched their own new crypto-currency called Clubcoin. This is already being traded on the open market and is growing very successfully.
The growth of Bitclub Network has been crowd funded. This brings a unique opportunity in the Bitcoin industry. By using their expertise they have developed a fast growing mining operation that uses an affiliate payment structure to leverage the earnings of their members.
The concept is very simple! Shareholders (it could be YOU) purchase mining equipment (computers sourced by Bitclub Network) that is used to mine Bitcoin and they then pay you daily on your share of all Bitcoin being mined. When you share this opportunity with other members and they make a purchase you will also get paid recurring commissions on all Bitcoin mined from their purchases.
The more you share, the more you will earn!
As our membership grows large we can all be a huge piece of this industry and provide the one thing Bitcoin needs the most… MORE USERS! Having more users will cement the importance of Bitcoin around the world. Already there has a been a boom in it’s use in surprising corners of the world including Africa. As mobile phone technology develops people can transfer Bitcoin without incurring expensive banking costs. In certain parts of the world banking is less secure than we enjoy in Europe and the USA!
The BitClub Network Mining Pool… They currently operate two mining locations with the fastest growing facility located in Reykjavik in Iceland. This facility is open to the public who meet certain qualifications visit.
The mining pool purchases all the mining equipment which allows BitClub to retain full ownership and easily sell the hardware in the secondary market when it is due to be replaced. These are regularly swapped for newer and more efficient machines.
Every BitClub Network member helps contribute to the operations of the mining pool by contributing a mimimum amount of their mined shares of Bitcoin to pay for it. This repurchase strategy is what allows us to continually expand and purchase more mining hardware.
This is an overdue post, but an important one as this is my six month update on BitClub Network and how things have gone. The short answer is that they have gone brilliantly, and so far i have seen approximately a 37% return after these six months. The most important thing to remember here is that to achieve this has required ZERO time from me. Once i purchased the bitcoin mining shares i have done nothing, and this continues to demonstrate awesome Passive Income potential.
Brexit and BitClub Network
The embedded video will talk you through the site and demonstrate all the elements within the site. Since recording this video i have recently changed the repurchasing settings for the first time. Up to this point i have set these on 100% repurchase. As i have mined bitcoin this automatically purchased new partial shares, which causes a compounding purchasing effect. However, in the last few weeks there has been a surge in Bitcoin value reaching a recent high of over $700 per Bitcoin. As a result i have altered the settings on all my mining pools to their minimum level of repurchase. Why? Well, now is the time to start accruing bitcoin in our wallets. I believe that this is even more the case following the recent Brexit announcement. We have seen a far greater level of turbulence in financial markets since the UK’s Brexit referendum. People around the world have been taking refuge in Gold and Silver. I think that many may well spread some of their risk into Bitcoin and other cryptocurrency.
My view on BitClub Network remains the same, and that is that this is a very exciting opportunity. I also continue to say that any investment into BitClub Network should be made as a speculative move, rather than a secure investment. However, as such the potential returned and growth could prove to be very exciting.
Bitcoin could be one of the most exciting investment opportunities coming our way in 2016, but many people still have not heard of this fast growing cryptocurrency. Think how fast the use of the internet and other technology has grown in the last ten years. Activities such as internet banking, shopping on Amazon and social media have all grown exponentially. Well, Bitcoin has also grown exponentially since it’s initial launch back in 2008.
If you had purchased $500 worth of Bitcoins around the end of 2011, you would have made a profit of $23,500 by the end of 2015. That would be 1,175% return per annum. Amazing stuff! However, if you had sold your Bitcoins during the highly volatile period of 2013/14 you would have
made over $120,000 from your $500 investment! A return of 8,000% a year.
Above you can see a screenshot from my Bitclub Network account. The three areas of interest are the Wallet, ClubCoin and Mining Earnings. The wallet is money sitting there that i can withdraw at any time. When first started this account 2 months ago i was sending some of my mining earnings into this wallet. The ClubCoin is BitClub Networks own, quite new, cryptocurrency. I received all of these as part of the Founders bonus pack that they were offering at the time. The ClubCoin are now being traded on the open market, and while that market is still quite volatile, but the figure of $2146.41 is their value on the open market today! Now, bearing in mind that i invested $3500 into this i could get over half of that back right now. However, i am going to hang on to them and see what happens to their value over time. After all, it was just a FREE Bonus! The final column represents my mining income to this point. At today’s price of $380 per Bitcoin this represents approximately 10% of my initial investment after just two months. All looking good so far!
We are seeing a huge spike in the value of the new cryptocurrency ClubCoin today, Monday 8th February. Values are currently soaring and are now trading on the open market at about $0.50 per coin. ClubCoin have been launched as part of a Founders Pack giveaway by BitClub Network when purchasing Bitcoin mining shares. When i got my 7,104 i was unsure about what, if anything, these would become worth. However, as you can see from the screenshot taken today, IF i wanted to sell them today i would be able to exchange them for over $4000. A few days ago the value was hovering around half of this. Bear in mind that Clubcoin was only launched back in December 2015 and this growth is very exciting and a significant amount of money is being traded in this new currency. ClubCoin can still be acquired as you purchase into the Bitclub Network’s Bitcoin mining pools.
Should i sell them now? Well, if i did then i would fully recoup my initial investment of $3500 for the Bitcoin mining shares and i would be in 100% profit from now on. However, even though i expect these values to both soar and dip in the near future, i believe that this demonstrates that ClubCoin value is something to monitor for the longterm. Maybe if it reaches $1 per ClubCoin i may be tempted to sell half of what i have and then hold onto the rest for the long term.