GPU Mining Pool Expansion
With the latest rise of GPU minable coins like Ethereum, Zcash, Monero, Dash, and Ethereum Classic we have just secured a large purchase order and will be offering new shares for members who wish to participate in the mining of these coins.
Right now GPU mining is VERY profitable and we have always believed that buying GPU’s would be a great long term investment because these machines will last much longer and they are more flexible to mine many different coins.
Starting on Thursday March 30th we will be offering 10,000 GPU shares in our pool.
In addition to our current Zcash (ZEC) and Ethereum (ETH) mining pools we will be launching 3 additional mining pools to take advantage of Ethereum Classic (ETC), Monero (XMR), and Dash (DASH). All of these coins are really profitable to mine and we believe this year they will continue on their upward trend.
With a share in our GPU mining pool you have full control over which coins you want to mine at anytime, so if you have a favorite one or would like to switch it up to accumulate all 5 then you can easily do so.
How Much are GPU Shares?
Each GPU share will be $1,000 USD and you will actually own GPU cards used for mining hardware that you can take possession of if you chose. The total amount of hashing power you get will be determined for each coin based on the specifics for mining that coin. You will earn based on what is actually being mined.
Commissions for these shares will be paid exactly like the Pool 2 mining earnings, which is the same as the previous GPU offer. For details you can visit the compensation plan page, but in short the commission will pay through the level up and give you 6 credits in the binary. There are no repurchases for this pool so you get 100% of your coins paid daily (adjusted for expenses).
How to Buy Shares?
We are NOT doing a countdown clock this time like we have done in the past, so this is your official notice to prepare and get your teams ready to buy these shares because they are limited to 10,000 shares. We expect the offer to go live around 5-7pm UTC time on Thursday March 30th.
The reason we are not doing a countdown clock is because the last few times we have done one it has caused our site to crash. Not only are members eager to buy when the clocks hits 0, but hackers are also waiting and we ALWAYS see a DDOS attack at the same time so we are just going to say… BE READY!
When Does Mining Start?
There are 10,000 shares available and once all shares are sold out then we estimate about 10-14 days for the power to begin hashing. This will happen AFTER all shares have been sold and we are going to start everyone mining Ethereum by default because its the most profitable right now. You have full control of your machines and can change at anytime after it starts.
Based on our total membership growth since the last time we offered GPU shares we expect these 10,000 shares to be gone pretty fast. However, there is no time limit on how long this offer will last and there is also no limit on the total amount of shares you can purchase per account.
We are very excited to expand on this because we believe the greatest opportunity for GPU mining hasn’t even happened yet! It may not even happen this year!! We also have a lot of flexibility with GPU’s that even include renting out GPU power for artificial intelligence models, parallel computing, or something entirely new that may need GPU power.
The bottom line is we believe owning a piece of our GPU farm will pay off big for each share. So this is a no brainer if you are looking to the future!
NOTE: If you are planning to purchase a share you may want to deposit funds into your Credit Wallet and then buy when offer is live. Doing this will confirm immediately and you will have a much better chance at getting your share locked in.
Hardware Wallets Shipped
We are excited to announce the first batch of Hardware wallets have been shipped. Over the next few days we will import all of the shipping details into your back office so that you can track your package.
Due to our membership base being so spread out over the world we ended up using 6 shipping companies (UPS, USPS, FedEx, HK Post, Colissin, and DHL) so you will receive the appropriate tracking number to look up based on which service was used for your order.
We want to thank Ledger for helping solve these logistics issues, they have been a really great partner to work with and the quality of these wallets is unlike anything else in the market. We know when you get your hands on this wallet you will love it.
As a reminder these wallets are capable of storing… Bitcoin, Ethereum, Zcash, and of course ClubCoin!
Second Batch is LIVE
Our second batch is still open and we expect it to stay open for a few more weeks. Once all orders are collected in this batch it will ship. If you are interested in a wallet you can order one easily here or under the Shop menu above.
Stay tuned for more updates and be ready to go next week of you want to secure a GPU mining share.