Announcing Mining Profit shareI have created a profit share program where you need to have 1000 TRDR to be eligible. You will have to submit what TRDR address you will be keeping the coins in. You will have to maintain min TRDR to be eligible for payment. We will have an enrollment period that we are planning to close on September 12, 2014. Enrollment will be reopened at times to accept new members. Your payout will be a percentage of how much BTC is mined. Your percentage will be based on your coins vs how many are enrolled in the program. Payouts will initially be every 5 days(Subject to change) until I know how many people will enroll. I will accept donations which will go directly to increasing the hash speed of the group miner. Meaning if you donate your payouts over the long run will go up because we will have a higher hashrate.
Example: You have 1000 TRDR enrolled and there are a total of 10,000 TRDR enrolled in the program. You would then have 10% of the profit pool. So if the payout is .5 BTC you would receive 10% of the .5 BTC or .05 BTC for that payment period.
To apply for the profit share program please send an email to
tradercoin01@gmail.com.
Please send your TRDR address where your minimum coins will be held and BTC address where your profit share will be sent. We are also asking you to send one coin to this address Tq6TdjWb5pAJXwwtF63t17hqfXhBFTywme along with the tx id to confirm you are the correct owner of this account. Then please inform whether you want the coin returned or if your would like them added to the donation pot for hash upgrade.
So why would I enroll and not just buy my own miner? This will be a continuous payout based on how many TRDR you have. You will not have to buy anything. It is beneficial to donate to help buy more hash power. However initial hash is donated by Tom14cat14.
Why should I trust you that you will pay me? I have shown to be trustworthy through all of my actions. ie: Twitter Giveaways, weekly contest for BTC and Firecoin profit share. I have always kept to my word. I also will be paying for this hash power out of my own pocket so the only thing you are risking is buying Trader Coin.
Why so many coins for enrollment? This has to be an exclusive group and something to shoot for in order to make the share you are paid out worth it. If I make it to low then everyone would get a much smaller payout. Those that do not have enough coins will be able to keep acquiring coins until you reach the minimum and then you can enroll next time it is open. You will also benefit if this raises the price of the coin. We will be taking coins off the market which will reduce supply. This could help stabilize the price. I will open this round of sign ups for a week at current rate and if enrollment is low then I will drop the requirement to a lower amount.
I have enrolled can I add more coins to gain a larger percentage of the profits? Yes the only requirement is that you maintain the minimum 1000 TRDR.
Please let me know if you have any more questions. This program pays you to hold your coins. The fist payout for Firecoin was .128 BTC split amongst all of those enrolled.
