Advantages of the EMCD Mining Referral Program
Referral payouts occur daily at the same time as mining rewards are paid out.
Referral earnings are calculated as a specific percentage of the mining fee that your referral pays to the pool.
Percentages instead of referral levels:
If your percentage in the old program, when recalculated for the new program, was lower than the new base percentage (5%), it will be raised to 5%.
If your percentage in the old program, when recalculated for the new program, was higher than the new base percentage (5%), it will be maintained at its previous level, but now as a fixed percentage.
How does this look?
You referred a friend, and they started mining BTC with a hashrate of 100 Th(*)
Before
You received 0.05% of their referred hashrate.
100 Th * 0.0005 = 0.050 Th of income
Now
With a base rate of 5% of the commission and a base pool fee of 1.5%:
The referral will pay the pool a 1.5% fee.
100 Th * 0.015 = 1.5 Th feeThe pool will give you a 5% referral reward from their commission.
1.5 Th * 0.05 = 0.075 Th of income
(*) — Th — terahash, a unit of measurement for hashrate (the computational power of the equipment).