BTCpool is an industry leading Bitcoin mining pool. All of the mining power is backed up by physical miners. Mining with the latest algorithms allows to make as much Bitcoin as possible. We aim to provide you with the easiest possible way to make money without having to do any of the hard stuff. With data centers around the globe, we aim to keep bills down and mining power high, meaning you can make more in a shorter amount of time than what it would take to mine from your home for instance. Our data centers are located in Europe, USA and China with dedicated Up-Links and 99% uptime!
No, this is not; this is an investment in Crypto-currencies, similar to the stock market. A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk.
Bitcoin is a digital currency created in 2009, it is a software-based online payment system. Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. It became prominent in 2013, when the value of a Bitcoin soared more than 10 x times the value in a short two month period, from $22 in February to a record $266 in April. At its peak, based on more than 10 million bitcoins issued, the crypto-currency boasted a market value of over $2 billion.
This type of money or currency comes into existence from mining. The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle. The first participant who solves the puzzle gets to place the next block on the block chain and claim the rewards. The rewards incentivize mining and include both the transaction fees (paid to the miner in the form of Bitcoin) as well as the newly released Bitcoin. Your Bitcoin account balances are kept using public and private "keys," which are long lists of numbers and letters created by the encryption algorithm that was used to mine them. The public key is similar to a bank account number and is used as the address which is published to the world and the way in which people can send you Bitcoin. The private key which is similar to your debit or credit card PIN and should never be given to anyone, this is what you use to authorize sending Bitcoin to others.
Cloud Mining gives instant access to a mining platform to anyone who wants to start mining immediately, whether its because you don't have the knowledge to do it by yourself or you just do not want to incur the huge start-up purchase of purchasing and managing your own hardware system. Simply it's sharing the processing power our data centers to mine together with us as a group. By working together in a pool and sharing the payouts amongst participants, miners can get a steady flow of bitcoin starting the day they activate their miner.
Of course NOT. You can register only one account with an IP. All accounts that have the same IP will be judged cheating. And we will ban these accounts.
Our starting package is 0.01 BTC, it's a small investment to test the waters and get familiar with the technology without much risk. We guarantee up to 20 BTC investment for lifetime from the date you start mining. If you decide to cancel within this timeframe you will receive your initial funds less all amounts paid to you during that time period.
You will earn 12% to 20% every time your referral gets upgrade depending on your plan.