If anyone still had any doubts about Bitclub's commitment to mining Bitcoin, then the latest news from the inner sanctum should put that commitment beyond any further doubt.

Another 55 PH of power is being added to the Bitcoin mining pool over the next 60 days. This will take our mining capacity over 150 PH. They are also expecting to add between 30 - 50 PH to it over time following the 55 PH boost. And I read that as also being in the short term. It looks like we will have doubled mining capacity (at least) by the end of 2017.

I don't know the full facts on how big the big boys are but I have seen take around 4% to 5% of total mining at the 70 to 100 PH level so is 10% a possibility at 200 PH? It must be. New power (which predominantly comes from growing membership) doesn't dilute the share (as the glass half-empty brigade will say) it allows us to edge ahead of competition and grow this "share" of total mining. It also means that we, unlike many mining concerns, constantly get the best equipment upgrades - another point often forgotten. 

I have added the latest news below as it appeared on site in BCN. How strange life in Bitclub can be. No news at all between 9th and 24th January and then two news bulletins in two days. I guess they could hear the mumbles about communication lacking after all. 

One other notable bit of news should you have anyone sitting on the fence with the decision as to whether to come in or not is that the founder positions, for the next few days will attract 5,000 Coinpay shares and then will reduce and extra Clubcoin. Read the detail in the news transcript below and encourage any fence sitters you have to come in while they have all these extra bonuses.

Founder Updates, Year End Commissions, and More...
Date: January 26th

Included in this update...
1,000 Founders Reached - Next Level is LIVE!
Year End Commission Reports Available
Mined 2,000 block this week

Founder 9 Bonuses Sold Out - Founder 10 is LIVE

All Founder 9 Bonuses are sold out but we will allow the package to run through the end of the current pay period. So, when the clock hits zero above then we will begin Founder 10 level bonuses. (which gives everyone about 20 hours)

Just to be clear all Founder 9's receive 5,000 CoinPay shares and 200 ClubCoin tokens. Founder 10's will receive 3,000 CoinPay shares and 100 ClubCoin tokens.

We didn't think we would sell out of Founder positions this quickly but right now we are growing faster than we ever have before. The Founder 10 bonus level will be available for the next 3,000 members who purchase a founder pack, then we will move to Founder 11 where the numbers will drop again to 2,000 CoinPay shares and 50 ClubCoin tokens.

Moving forward after Founder 11 there will be no more ClubCoin given away and it will be only CoinPay shares until those are gone.

Please make note of this change, we will try and keep the website pages updated in all languages but we are moving quickly through these Founder bonuses now so let your teams know they are selling out fast and could change.

2016 Year End Reports are LIVE

2016 Year end reports are now available on our new Commission Reports page (also found under the My Team menu above). On this page, you need to generate the report and then you can download the PDF. This may take some time if you are at a higher rank, but shouldn't be more than 15 minutes.

Right now this is only in English but we will be translating it over the next few weeks.

This report will be the only document you receive from BitClub Network showing the total Bitcoin you earned. You are responsible for reporting in whatever country or jurisdiction you live in and this will give you a full breakdown of your earnings.

Also, this reports section will be expanded with many new stats over the coming weeks/months as we make it a priority to allow you to generate many different reports on your downline and personal earnings.

BitClub Mining Pool goes over 2,000 Blocks!

We just passed a big milestone this week by mining our 2,000th block! This is truly an amazing feat for a crowd funded mining pool like we have, but even more exciting is we are getting ready to add a ton of new power. Another 55 PH is being added to the pool over the next 60 days. This is our largest single purchase ever!

This will put our pool well over 150 PH and with our current membership growth we expect to be adding more large batches between 30-50 PH after this one is completed. We also have details on a new mining facility that we will share with you in the coming months. This facility should increase our profitability even more and boost our payouts.

With this next round you should see a significant uptick in the daily mining earnings and we will continue to expand aggressively as more funds come in to purchase more equipment. This year, we hope to own 10% of the market and so far we are well on our way!

Thank you for being part of this incredible opportunity, stay tuned for some good updates coming in February regarding CoinPay launch and the next phase of BitClub Network!

Sincerely,
-BCN Support