In the interests of getting this to you as soon as possible, here is the latest news direct from Bitclub Network:
Ethereum Pool - Get Ready for Round #2
We have secured more GPU mining equipment and will be offering another round of 1,000 shares to Founders who wish to be involved in our Ether Mining Pool. The first round sold out in 1 hour 22 minutes and while we don't think Round 2 will go this fast we at least wanted to give you a heads up so you are ready if you missed Round 1.
This second round will be the exact same offer as the first!
1,000 shares available at $1,000 USD per share and it's for Founders Only (1 share per account).
We will make the page live on Friday March 25th but before then you will see another countdown timer so you can be ready for it. If the pool does not sell out by Sunday March 27th then we will open it up to everyone on Monday to try and get all 1,000 shares sold by April 1st.
Starting April 1st the pool will begin paying, and to be clear this is one pool, not two!
This is your last chance to get in on the Ethereum Mining Pool, we will not be offering another round (its nearly impossible to find GPU mining equipment right now with all the Ethereum buzz in the market).
Here's a reminder of what I said running up to
the original release (check below for another couple of items):
If you want to be ready to get your Ethereum mining pool share, make sure you have the equivalent of $1,000 in Bitcoin sitting in your BCN wallet. When the order window opens, I expect there will be a rush to get in (1 hour, 22 minutes nd the first batch was gone).
If you are not a founder, sadly, you cannot buy an Ethereum mining pool share. Well, maybe you can if you become a founder member before launch? Or maybe you can find an external source that will let you buy into Ethereum mining.
A founder (although I am sure you know this) is someone who owns a BCN Mining Pool 1, 2 and 3 share. There are members with more than one founder position of course, and they may take advantage of that and buy multiple mining shares so that is why they could be snapped up really quickly.
Why would you even want to consider the Ethereum offer? There are so many reasons and most of them are to do with future development possibilities and the attention that Ethereum are getting in the Bitcoin space (for example, in Edition 22 of Bit-Talk, see the Microsoft/Ethereum article).
Ethereum is being talked about as the equivalent of Bitcoin 2.0 in terms of being able to produce most of the answers to the complex questions relating to "how do we take Satoshi Nakamoto's original concept of a truly de-centralised currency of the people to the next level". The answer appears to be by creating what you could refer to as a "world computer" and that is sort of what the ETHEREUM project is about. You should research it, fascinating stuff.
It is about more than currency. It is about a whole new way of creating secure, tamper proof systems for recording all sorts of legal and service transactions such as contracts and data records (see this article for more on that ) that can be verified easily. I could write pages and pages on what Ethereum can do or I could simply direct you to a video from the guys that invented it that goes some way toward doing that. Here's the link to that VIDEO .
But here's the short version for you. ETH is currently worth around $12 per "coin" (ETH or ETHER is the coin of Ethereum) and a mining deal will give you the opportunity to grab around 9 of these per month. If they do no more than stay at their current $12 value then you will be holding $1,296 worth of ETH after a year. If they grow in value then, of course, you will be holding more. Estimates vary but a $20 plus value within a year is a possibility. It is already the second most valuable coin after Bitcoin.
If every $1,000 you invested merely returned $1,296 (just under 13% growth on your investment) you'd be happy I think, but this one could be worth much more.
At Bitclub Network we are privileged to have access now to 3 valuable crypto currencies. The Grandaddy of course (Bitcoin), ClubCoin which, when the Bitclub Business payment platform goes live will be available to our merchants and will attract much interest - then watch it grow - and now the ETH through Ethereum.
Think not of the science and the technology (that stuff can blow your mind) just ask a question. One simple question really. Why is Bitcoin the most valuable of all of the digital currencies by a long way? ANSWER because it was the first, the pathfinder, the trail-blazer and the one that everything that followed is built upon. What is likely to be the next most valuable? The one that can go where Bitcoin has never gone before. That is ETHEREUM.
I have my finger poised and ready to click BUY. As always, a cautinary note though. Only do this if you can afford it. All crypto-currency speculation is just that, speculation but we have to be realistic and take a look at the World Economy and ask ourselves the question "is my money safe in traditional investment vehicles?
All previous newsletters can be seen at Bit-Talk. |
