If there will be a legitimate product involved, this could be an MLM script. However, if you want to run a Btc denominated ponzi- this is it!

The underlying matrix for this was first designed by Will Pattison and scripted by Rohit Seth (freeworldscripts). Will used it for a few matrix programs about 4/5 years ago. At the time, there was nothing else like it and Will ran a few online programs using Rohit's script.

Thank you lottery and mexxer- your info has been most insightful.
...and another one bites the dust

Thank you mexxer,

I really have no idea how to deduce from those links what their profit is...

How recently did they start mining?

Would you hazard a guess at the size of mining rig they'd need in order to produce these figures?

Thanks folks,

Points well taken.

Red flags to me are:
Anonymous owners/operators/managers/everybody (Do I smell the VirtaPay/Virtacoin crew at it again, but on larger scale...? Remember that their finale was an exit with large quantities of Bitcoin. Very subtle and they always remained anonymous. The "in-house" coin also somehow reminds of them)
There is no recourse should the company disappear
The fastest (and most) money to be made now with this company is by referring others and the payplan yada-yadda kicks in
There is a mandatory re-purchase from earnings- Does this qualify the scheme by definition as a Ponzi?
 
However, as a final benefit of the doubt, I'd like to verify how much bitcoin they are making from their mining operations- Can anyone tell me how to do that?

I have been offered mining shares in this company (bitclubnetwork.com) and I'm now checking them out.
On their website it states that they have huge mining resources in Iceland etc. which enables them to pay a return to shareholders in this "pool".

How can I verify that this crew is actually mining and what quantities of Bitcoin they earn?