Personal Deposit No Longer Necessary for Serious Reps.
Previously, ETHMine (reviewed here) required a personal deposit of 0.1 BTC in order for a person to qualify for their Representative commission. Now, this qualification will be removed if you can show that you might somehow be a more aggressive recruiter than the typical investor. You simply have to send an email request to ETHMine and they will let you know their decision within 24 hours. More information on this is contained in the news release from ETHMine that I’ve reprinted below.
The release also clarifies how both their Affiliate and Representative commissions work. I hadn’t paid attention to this in the past and it is important as it is somewhat different from the typical HYIP. For Affiliates, you earn 10% of the EARNINGS of people that you refer. This is much less that 10% of their deposits. However, since they earn over and over, it can be a much more profitable procedure in the long run. Representatives, in contrast, earn 5% of DEPOSITS by their referrals on top of this. You might say that this fills a “hole” in their affiliate program as typical HYIPs pay commission on referral deposits but NOT on referral earnings. The bottom line is that ETHMine has a very good Rep program as you benefit in TWO ways: initially by means of a commission on your referral’s deposit and, in the long-term, by means of commissions on your referral’s earnings. Again, further details are given in the release below.
Attn. all Representatives: Small yet key program policy changes inside!
Dear customers,
We are writing today to inform all of our valued Representatives about some small policy changes. If you are not yet a Representative, we hope you will consider taking part and enjoying a whole new level of profitability in your Ethereum mining.
As you may know, all users are eligible to become Representatives as soon as they have crossed over 0.1 BTC in active contribution. There’s no time limit on this pivotal point, so it doesn’t matter whether it takes you one day or one year to hit this number. Once you’re in you’re in, and the rewards can reach rather tasty heights. Now, however, we are delighted to announce that we are extending Representative eligibility to all those users who possess unique promotional skills and experience. You can think of this as an invitation for platform Influencers, just like those who play a prominent part in spreading the message of many online platforms these days.
All you have to do is to share with us why we should add you as a Representative so that you can immediately start collecting 5% direct from all contributions!
Just write to us (representatives@ethmine.biz) explaining how your past experience and current role can be used to promote our platform on a regional or global scale. Make sure your application letter includes your full name and ETHMine username, and we will get back to you within 24 hours.
We also understand there has been some confusion regarding the specifics of our Regular Affiliate and Representative Programs. We’ve just rewritten our site text on the matter, and we’ve shared our new version below to clarify any residual confusion:
ETHMine provides users with two levels of award incentive program.
The first is our Regular Affiliate Program, which every ETHMine user benefits from. Here’s how: In the Regular Affiliate Program you earn commission from all referral earnings. If you refer a friend who then invests 1 BTC, the very next day they will receive 0.026 BTC. At this point you will then receive 10% commission from your friend’s earnings – that’s 0.0026 BTC.
Now, the Representative Program goes one step further and enables you to earn directly from referral contributions. If you refer a friend who then invests 1 BTC, you immediately earn 5% commission on their contribution – that’s 0.05 BTC. You will also continue to enjoy Regular Affiliate benefits every time your friend earns interest on his contribution.
So, there we have it! We hope you find our new explanation easier to understand and invite you to get in touch if you have absolutely any further questions.
The ETHMine team is incredibly grateful for any independent contribution to and promotion of our platform, past and future. We look forward to receiving your Representative applications!
Best,
The ETHMine Team
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