Tuesday, September 19, 2017

BITCLUB NEWS

100% Mining Earnings, Capacity Update, and More...
Date: September 17th

Included in this update... 

  • Receive 100% Mining Earnings
  • Bitcoin Mining Capacity Updates
  • GPU Founder Pay it Forward LIVE

Receive 100% Bitcoin Mining Earnings...

One of the biggest complaints we always receive is why a member cannot receive 100% of their mining earnings.

We decided to fix this! 

Now you can set your mining earnings to pay back 100% of your daily earnings for each mining pool. All you have to do is go to your Mining Stats page and you will now see the option under the drop down menu to select between 0% and 100% of your daily earnings.

Bitcoin Mining Capacity Update...

As you know from the previous updates we hit the limit for our capacity to purchase and deploy new Bitcoin mining machines. This caused us to scale back our sales and only offer what we could actually deploy in a timely manner.

Well now we have some good news on this... Today we were able to secure a large batch that will go live in January of next year. This will allow us to increase our sales capacity today by about 15% starting right now.

As it stands we have already paid for an additional 200 PH that will be coming online sometime in late November and pushing our pool over the 500 PH mark. Now with this new batch we will have another 100-200 PH that will start coming online in January. 

We will continue to work hard to increase our hardware capacity and will keep you posted as more batches become available. However, given our current demand you can expect to see more of the "Sold Out" messages as we work on securing more equipment. 

GPU Founder Pay-it-Forward is LIVE... 

We just added the $5,000 GPU Founder pool under the Pay it Forward tab, which you can find under your Bitcoin Wallet page. We have no issues scaling our GPU capacity and we are going to be moving a lot of our resources over to expanding here. 

By doing this it will make the GPU shares more profitable and we believe 2018 will be an incredible year for GPU minable coins. We highly suggest you begin shifting your focus to the GPU shares.

Our goal is to continue expanding as fast as we can and we appreciate your patience as keep up with the sales. 

Sincerely,
-BCN Support Team 

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Bitcoin Pool Update, GPU, and Support
Date: September 9th

Included in this update... 

  • Bitcoin Mining Shares Update
  • GPU Shares Open
  • Support issues, fixes, and more

Bitcoin Mining Shares Update...

As we mentioned in the last update the demand for our mining pools simply grew faster than our ability to scale. So instead of taking on new sales and delaying the payouts we have decided to only sell what we can deploy in a timely manner. 

This was a very hard decision to cut off sales but we believe its the right thing to do in order to protect all the shares we have already sold and to be responsible. 

It's our hope this cap is only temporary, however based on the overall supply in the market we may be facing this from now until the end of the year. 

In order to make this fair for everyone we are going to be changing the sales to cap them every 1 hour instead of every 24 hours. This is to accommodate all members across different time zones. 

Starting Monday at 0:00 GMT we will go live and make a certain amount of shares available for the first hour. Then at 1:01 GMT we will go live again with more shares to offer up until 2:00 GMT. This will continue each hour moving forward. 

Example... If the sales only last for 5 minutes before sold out then you will need to wait until the next hour begins.

This will start on Monday because we need to make a few changes over the weekend to ensure the cap runs smoothly each hour rather than in a single 24 hour period. 

GPU Shares Available for Purchase...

We want to remind you that GPU shares are NOT capped and you can buy as many of these machines as you would like. Over the next few months we are going to be putting a heavy emphasis on GPU mining and you will see a lot of new and cool features supporting this. 

We strongly recommend if you are unable to buy Bitcoin shares that you jump into our GPU pool. 

Customer Support Issues, Fixes, etc...

As you may have noticed the past week or so the website has been going offline, the binary has been delayed on adding credits, skipping days, and overall the system has been overloaded. 

To be honest we never built our system and this database structure to handle the amount of daily sales volume, calculations, and overall traffic we are seeing now. It's grown extremely fast over the past few months especially and we are working very hard on moving everything to a HUGE platform that can handle this. 

However, this will take some time, we estimate about 3 weeks before the new servers are ready, secured, and moved over. In the mean time we are making big improvements to our scripts and monitoring everything 24/7 to keep things running smoothly. 

IMPORTANT... If you are having an issue please be patient! Do not open multiple tickets and understand that any delays in withdrawals, missed payments, or support questions you have will get handled! We are on a 72 hour+ response time and we will get to your issue as soon as possible. 

To fix this we are hiring more support people, more programmers, and getting more help to make sure we can handle all future growth. Thanks for your patience as we grow together through this challenge.

Sincerely,
-BCN Support

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