Thursday 9 November 2017

Ponzi Scheme Definition

Bitclub Network is NOT a ponzi scheme

A ponzi scheme has no product, it’s just a money game set up to pay people with other people’s money and eventually it will crash and burn because there is no real money being earned from any outside sources. BitClub Network has a REAL opportunity for anyone to purchase mining equipment and earn profits from what is being mined.

We strive to be very transparent about our mining and you are able to track everything on the blockchain  and see our Mining pool  running live. This is what we love most about Bitcoin… You can’t trick or fake it, everything is recorded in a public ledger for everyone to see.

It’s very important to understand that we DO NOT guarantee a mining share will have a set return. In fact, you will never hear us make any claims about how much you will earn from having a share in our mining pool because the truth is we don’t know. Bitcoin mining is very complex and with the difficulty level constantly moving up every 10 days and new hashing power always entering the space there is no way anyone can predict accurately an ROI. Especially with our business model that requires re-purchases or more simply daily maintenance fees.

NOTE: If you find a company offering you a set return (especially if they claim to be Cloud Mining and offer 100% or more) there is a high probability they are a Ponzi scheme. Some Cloud Miners are actually backed by real hardware but their power is virtual and therefore very hard to track. In fact, the sad reality is you will never know if a could mining company is actually mining, so we recommend you steer clear unless they are very transparent. We are NOT a Cloud Mining company, everything we have can be verified!

Bitclub Network is steadily listed in the top10 Bitcoin Mining operation in the world :

Real Passive Income : Earn BitCoin For The Next 1000 Days ! 
We Pay Daily : FREE Registration at :  http://bit.ly/2m96yk5




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