BitClub Network – One of the World’s Largest Bitcoin Mining Pools

BitClub Network rose from obscurity when they began mining in August 2014 to one of the Top 10 bitcoin miners in just 2 years since 2016. This is due to their comprehensive automated repurchase plan which ensures that upgrades to existing hardware can be made whenever a new version is available, all without requiring additional funds from members along the way. These upgrades are a key component part of the programme that allows BitClub Network to remain sustainable and profitable in mining over the years, bringing them sometimes to Top 5 position in the second half of 2017.

Global Hashrate Distribution on Blockchain.info

The following are some of the actual hashrate distribution percentages held by BitClub Network at different periods in 2017 as recorded at blockchain.info/pools:

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BitClub Network usually finds itself in the Top 10 Position in terms of global hashrate distribution ranking.
bitclub network review
Ranking varies according to the constantly changing bitcoin mining environment worldwide.
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BitClub Network tied in first place position with two of the world’s other miners – BitFury and AntPool – on 23rd August 2017.

Bitcoin mining pool performance is very transparent, and can be easily verified on the third-party websites like www.blockchain.info/pools and www.blocktrail.com/BTC, which are updated once every 10 minutes roughly with every new block validated. This is also a reliable way to verify if a community or establishment is truly involved in bitcoin mining as they claim to be.

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News Sites Mentioning BitClub Network

Being consistently at Top 10 ranking in global hashrate distribution puts BitClub Network as one of the world’s largest mining pools. Unlike other mining pools where the hashrates are contributed by individual miners from various parts of the world, BitClub Network’s mining pool is self-contained and consists of hashrates generated only by its community members’s own mining hardware set up at a data centre in Iceland and elsewhere around the world.

BitClub Network is also mentioned by a number of established news sites as one of the largest bitcoin mining pools in the world, as given below:

CNBC

cnbc bitclub network

“Several of the largest miners (who create new bitcoin and support the blockchain), including AntPool, BitClub, Bixin, BTC.com and BitFury, have started showing their support for bitcoin improvement proposal…”

Ref: https://www.cnbc.com/2017/07/18/bitcoin-soars-as-miners-move-to-solve-the-digital-currency-scaling-problem.html


NASDAQ

nasdaq bitclub network

“This is perhaps most evident from the rise of mining pool BitClub Network over the past months.”
“Already one of the biggest non-Chinese miners on the Bitcoin network…”

Ref: http://m.nasdaq.com/article/russias-crypto-winter-shows-signs-of-a-thaw-in-saint-petersburg-cm809082


The Merkle

merkle bitclub network

“The BitClub mining pool is well-known among cryptocurrency enthusiasts.”
“BitClub has always been loyal to Bitcoin Core and that situation will not change anytime soon, by the look of things.”

Ref: https://themerkle.com/top-6-bitcoin-mining-pools-signalling-segwit/


Coin Dance

coin dance bitclub network

“93.3% of the Bitcoin mining network supports SegWit2x (intention): …BitClub…”

Ref: https://coin.dance/blocks


Investing.com

investing bitclub network

“…several of the largest Bitcoin miners, including AntPool, BitClub, Bixin, BTC.com and BitFury, representing roughly 43% of bitcoin’s mining power, signalled their support for the scaling proposal SegWit2x, which enables the bitcoin network to scale more efficiently.”

Ref: https://www.investing.com/news/forex-news/ethereum-and-bitcoin-continue-recovery-as-demand-holds-firm-506964


Bitcoin Magazine

bitcoin magazine bitclub network

“BitClub Network is the fourth largest mining pool currently signaling support for Segregated Witness.”

Ref: https://bitcoinmagazine.com/articles/where-bitcoin-mining-pools-stand-on-segregated-witness-1480086424/


To start mining with BitClub Network, see here.

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