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 collapse and burn because no real money is earned from any external sources. BitClub Network has a real opportunity for anyone to buy mining equipment and gain profits from what is being mined.
We're eager to be very transparent about our mining area and you can watch everything on the blockchain and see our mining pool live. That's what we love most about Bitcoin ... You can not fool or fake it, everything is recorded in a public book so everyone can see it.
It is very important to understand that we DO NOT guarantee that a mining share will have a fixed return. In fact, you will never tell us how much you will earn if you have a stake in our mining pool, because the truth is that we do not know. Bitcoin Mining is very complex and with the level of difficulty constantly increasing every 10 days and new hashing power that always invades the room, there is no way to accurately predict any ROI. Especially with our business model that requires repurchases or simply daily maintenance fees.
NOTE: If you find a company that offers you a fixed rate of return (especially if you claim to be cloud mining and offer 100% or more), chances are it's a Ponzi scheme. Some cloud miners are actually supported by real hardware, but their performance is virtual and therefore very hard to track. In fact, the sad reality is that you will never know if a mining company is actually mining, so we recommend that you keep yourself clear unless they are very transparent. We are NOT a cloud mining company, everything we have can be verified!
