What is Bitcoin mining?

Bitcoin operates as a peer to peer network.
This means that everyone who uses
Bitcoin is a tiny fraction of the bank of Bitcoin.

But where do Bitcoins come from?
With paper money a government decides when to print and distribute money.
Bitcoin doesn't have a central government.
With Bitcoin, miners use special
software to solve math problems.
And are issued a certain number a bitcoins in exchange.
This provides a smart way to issue the currency.
And also creates an incentive for more
people to mine.
Since miners are required to approve Bitcoin transactions
more miners means a more secure network.
The Bitcoin network automatically changes the difficulty of the math problems
depending on how fast they are being solved.
In the early days, Bitcoin miners solved these math problems with the processors and their computers.
Soon miners discovered that graphics
cards used for gaming were much better suited to this kind of working.
Graphics cards are faster, they use more electricity and generate a lot of heat.
The first commercial Bitcoin mining products included chips that were reprogrammed for mining Bitcoin.
These chips were faster but still power-hungry.
ASIC, or application specific integrated circuit, chips are designed specifically for Bitcoin mining.
ASIC technology has made Bitcoin mining even faster while using less power.
As the popularity of Bitcoin increases, more miners join the network
making it more difficult for individuals to solve the math problems.
To overcome this, miners have developed a way to work together in pools.
Pools of miners find solutions faster
than their individual members
and each miner is rewarded proportionate to the amount of work he or she provides.
Mining is an important and integral
part of Bitcoin that ensures fairness while keeping the
Bitcoin network stable, safe and secure.

 

Latest IMPORTANT UPDATES !!!

Re. MPA and MPCA [new rewards functionality]


Dear MPA and MPCA members,


Please be sure to read this entire message.


First of all, we would like to congratulate the entire MPA family on the successful 2nd anniversary event! This is a phenomenal achievement and we look forward to the 3rd anniversary event. The UK is the front runner with regards to location!


Secondly, we have a very important announcement with regards to both MPA and MPCA. Our key goals are to provide long term and consistent services to our members. With this being said we have reviewed our rewards plan and have decided to implement some changes that will strengthen our ability to uphold our primary goals.


We have taken action, for our members, to ensure that the MPA Network stands strong for the next 5 to 10 years. We have seen time and time again many online platforms surviving less than 5months, this is a result of not understanding the demands of the market and not making the necessary adjustments to their business. The key reason that MPA stands at the peak of the industry and is in the best possible standing is that we make the required adjustments to ensure smooth business transition. We are also well aware that our decisions have an impact on shaping our industry. All this being said, we make our decisions after meticulous preparation and careful thought. MyPayingAds are officially announcing new rewards functionality for both MPA and MPCA. The new rewards functionality is summarised below: 1] The maximum withdrawals that can be made is 2 times the purchase amount (i.e. purchases made with payment processor and/or cash balance i.e. leader's commission)


2] A new Adpack plan has been introduced to both MPA and MPCA i.e. Adpack Plan 5 which is almost identical with Adpack Plan 4 with an exception that the Adpacks can only be bought using the payment processor and/or cash balance i.e. leader's commission.


2a] The maximum number of Adpacks that one can buy from different plans at MPA are as follows:


Adpack Plan 1: 100; Adpack Plan 2: 100; Adpack Plan 3: 100; Adpack Plan 4: 1200; Adpack Plan 5: 1000;


2b] The maximum number of Adpacks that one can buy from different plans at MPCA are as follows:


Adpack Plan 1: 100; Adpack Plan 2: 100; Adpack Plan 3: 100; Adpack Plan 4: 1000; Adpack Plan 5: 1000;


3] Both MPA and MPCA will include a purchase fee and withdrawal fee of 2% for Bitcoin purchases and withdrawals.This fee amount is used for the site maintenance and staff.


4] All these features will be enabled in both MPA and MPCA at 12 noon Indian Standard Time (IST) on 7th Apr 2017.


5] Whatever the outstanding withdrawals at the time of the enabling of the above features will be cancelled and all the funds will be returned to the earning balances. New withdrawal requests can be made after the enable of the above new features.


This functionality in combination with the leadership commission, will provide a fair reward opportunity to all members. Members that have already withdrawn x2 of their purchase amount will not be penalised with a negative account. The Adpacks in their accounts will be paused and will become active as soon as more Adpacks are purchased with either fresh funds or leadership commissions.


Just to re-iterate, our key goals are to provide long term and consistent services to our members. The new rewards functionality will strengthen our ability to uphold our primary goals. This concept will take our platform to a new level of steadiness. As we mentioned previously, as industry leaders we need to ensure that we can shape and improve our industry and help it grow from strength to strength. This is the new era of online advertising & revenue share and MyPayingAds are leading the industry to new heights.


Many thanks,


MPA & MPCA Admin Team Re. SURF FREE Options (March 21, 2017) Dear MPA & MPCA members,


We have taken the decision to disable the surf free plan.


We have noticed increasing numbers of members buying surf free plans on a continual basis.


The purpose of the the surf free functionality is to provide relief when our members requires it. For example family events, holidays etc.


We will be enabling the functionality in the due course of time and this will come with a terms of use. We want you to have access to the flexibility that the surf free plan provides and at the same time want our advertisers to receive fast quality traffic.


Many thanks,


MPA Admin Team


Re. #MPCA Maintenance (March 16, 2017) Dear MPCA members, we will be running some essential updates and will be placing MPCA in maintenance mode.


This process will commence 17/03 (tomorrow morning) @ 10:30AM IST


We envisage the process to be completed with an hour.


Many thanks,


MPCA Admin Team Re. #MPCA Commissions update (March 14, 2017)


Greetings MyPayingCryptoAds Members,


After meeting with the senior management team we have taken the decision to introduce the Leader Commission Wallet in MPCA.


This wallet will allow members to withdraw their referral commissions on all cash purchases


Any cash purchase made, by your referrals, will entitle you to 6% commission rewards that will be allocated to your Leader Commission Wallet and any repurchase of adpacks made, by your referrals, will entitle you to 6% commission rewards that will be allocated to your regular commission wallet (non withdrawable wallet)


Just to add, there is no withdrawal limit on the Leader Commission Wallet.


This is an extremely powerful feature and provides a massive incentive for those that share our business.


Our members and leaders put in the effort to promote our brand every single day and this monumental effort has made us the #1 advertise and get reward platform in the world.


As senior management it is our job to ensure the steadiness and longevity of our platform while also looking and providing the highest quality service to our members.


We adapt our business model to ensure stability for YEARS not weeks or months. We have upheld these principles from day 1 and will continue to do what is right for our members for many years to come.


These enhancements will come into effect on the 14th March 2017 @ 11:30am GMT. 🗓


Many thanks,


MPCA Admin Team






Re. #MPA Commissions Balance Transfer (Feb 18, 2017)


Dear MPA members,


As you will be aware, we had a few members that attempted to withdraw unsolicited commissions. We had originally planned to suspend these accounts for two weeks.


The senior management team have decided to re-instate all accounts that were previously suspended.


We give you all our 110% support, but sometimes there will be small technical glitches and when this does happen we need our members to pull together and inform us.


We will always stand by our members and carry out our duties with your best interests in hand.


On a closing note, there is a small delay in leader commissions withdrawals. We have almost completed all requests. Apologies for the small delay.


Many thanks,


MPA Admin Team






Re. #MPA Commission Balance Transfer (Feb 15, 2017) Dear Members,


#MyPayingAds and #MyPayingCryptoAds management has always been honest, transparent and open with it's members. I am really sadden to say like any other industry we have few #BadEggs in the basket.


These bad eggs have taken advantage of a small IT glitch and try to withdraw normal commission through leadership wallet. This means more work for our support team and disappointment on such behavior.


Support team have identified these accounts and suspended them for two weeks. As compare to this ill act by these members management have taken a very lenient approach.


Let's build this business with honesty, trust, loyalty and truthfulness.


Many Thanks


Tanzeel Zia






Re. #MPA Commissions (Feb 10, 2017) Greetings MyPayingAds Members,


We have some very exciting news to share with you. Our members and leaders put in the effort to promote our brand every single day and this monumental effort has made us the #1 advertise and get reward platform in the world.


Our senior management have been looking at innovative ways to reward and incentivise your efforts.


Over the course of this year, we will be making some major announcements and are very excited to roll out these features!


Today, we are formally announcing the Leader Commission Wallet!


This special wallet will allow members to withdraw their referral commissions! Any cash purchase made by your referrals will entitle you to 10% commission rewards that will be allocated to your Leader Commission Wallet and any repurchase of adpacks made will entitle you to 5% commission rewards that will be allocated to your regular commission wallet. Just to add, there is no withdrawal limit on the Leader Commission Wallet!!


You may want to read the line above again!!


This is an extremely powerful feature and provides a massive incentive for those that share our business!


These enhancements will come into effect on the 11th Feb 2017 @ 9am GMT. 🗓


Enjoy!!


MPA Admin Team










Re. #MPA Maintenance (Feb 3, 2017) Dear MPA members,


We have tried our best to resolve our technical issue and have been unable to fully test the solution. We have been advised by our technical lead to temporarily pause all purchasing and withdrawing functionality.


The entire team has been working for 22hrs straight and the decision has been made to relieve the team and then to re-commence their working activity in 5hrs time.


We apologise for the obvious inconvenience caused. We strive to minimise any down time although unfortunately we've hit a technical road bump.


From the managements point of view we need to ensure that the system is 100% stable, secure and ready to perform and at this junction we can not say this.


Please note that any withdrawals that have been made over this migration period will not be processed.


Please note we have increased the daily earnings over this period as a form of compensation.


Once again we apologise for the inconvenience caused by this technical issue. Rest assured our team will be in full force to have us back and functioning as usual.


Many thanks


MPA Admin Team






Re. Server move #MPA (Feb 2, 2017)


The site still needs some work and please wait until all is done. The whole coding team will be available after 6 hrs from now (10 am onwards Indian Standard Time) and then they shall work on fixing the errors and making the site fully functional. Please stay tuned. Thanks. Uday Nara.






Re. Server Move #MPA (Feb 1. 2017)


Dear MPA Members, We have some important information


First of all, MPA will be incorporating some new functionality that will commence on Thursday, 2nd Feb at 7:00 am IST. During this time period we will be taking the site offline. We will also take this opportunity to migrate across to our new servers.


Our technical team have indicated that the installation of these new features will take approximately 12 hours to complete and test.


As we are migrating to a new server please also keep in mind that there is DNS propagation process.


Some members will be able to log in sooner than others and this depends on your service provider.


We will keep you updated with progress. ...You may be wondering what these new features are...


All will be revealed post implementation! We will formally announce a new and exciting feature!!!


Many thanks, MPA Admin Team






Re. Withdrawals #MPA/#MPCA (Jan 30, 2017)


Dear MPA Members,


We have some lovely news to share with you all.


Within the next 24hrs all withdrawals that were pending over 72hrs will be paid out!!


Within the next 24hrs all new withdrawals will be processed within the 72hr service level time frame!


We would like to take this time to apologise for any inconvenience caused by the delay in processing withdrawals.


Our business structure is efficient and streamlined, meaning we can generate great profits to share with all of our members. The drawback of this structure is that we are reliant on key personnel.


As you may already be aware we have had a senior member of our team in and out of hospital, this has resulted in some disruption with our withdrawal process.


We want to emphasise that the MPA team work around the clock, 7days a week, to deliver a high quality service. This being said we are always looking for ways to improve and to strength our brand.


We have decided to ramp up our support team as well as to employ more staff to help us on the withdrawal side.


MPA has always delivered for its members and will continue to provide the best services and rewards that are possible.


We were disappointed with responses shown by some of our members regarding the delays in withdrawals. When certain members talk nonsense or have a lack of understanding about the issue and feel the need to damage our business is something that really does upset us. This essentially undermines all the effort we put in for you.


On a closing note, thank you to all of our loyal members. We are excited for the future of MPA and have some major announcements to make over the course of this year! Please keep tuned into our Facebook page as our next update is HUGE! Expect this to land in the next few days!


We have planned a massive 2017 and look forward to rolling out our exciting new products!


Many thanks, MPA Admin Team (posted by Shaf Memon)






RE. #MPA SERVER UPDATE - Website down (Jan 6, 2017)


MPA Update regarding accessing the site. Server upgrade and DNS Propagation in place at present. Could take 24 to 48 hours.


Dear MPA members, We have been optimising and re-configuring some parts of our server and the DNS propagation should be complete over the next few hours. Over this period, some users may have restricted access to MPA. Apologies for any inconvenience caused. We needed to make the updatesto ensuring the optimal running of our site. MPA Admin Team






RE. #MyPayingAds #mpca WITHDRAWALS (Jan 4, 2017)


Just a quick note on some delays on withdrawals processing and support ticket replies. One of our senior staff members who process the withdrawals was admitted to hospital for some emergency purpose two days ago and hence the delays in the withdrawals (nothing serious by god's grace but need to get some checkups done). Also, I will be assisting her to go through the process and hence my daily schedule also got severely effected.


She shall mostly get discharged from hospital in 1-2 days time and we shall bring back the withdrawals to normal processing time of 48-72 hrs as soon as possible after that.


We apologize for any inconvenience caused. Other than this the business is as usual.


We have great plans for 2017 mainly in terms of making the business more stable, bringing new products and expanding at large scale. For all these things to happen, we seek your involvement more in terms of using the system to the maximum benefit of advertising, revenue sharing rewards and viewing others advertisements and recommending the program to others (through word of mouth and all sources of online advertising). Together we can make MPA successful for many years to come.


Regards, Uday N


On behalf of MPA and MPCA Management

BEFORE YOU MAKE A WITHDRAW

Before you make a withdraw you should take some time to read this! You can find this info on the same page when you make a withdraw .

Some Points to Note Regarding the Withdrawals

[1] Before you withdraw please make sure that you have updated your payment processor and processor ID in your profile and also set up your security Question and Answer in the profile too.

for STP use: your STP USERNAME only (you use to log into STP)

for PAYZA use: your Payza email address (you use to log in)


for Perfect Money: it is a long number and begins with U ..........

for coinpayments: use your bitcoin wallet receive address (long line of letters and numbers)

[2] New pay plan model allows you to use all payment processor at the same time. Revenue share for each payment processor will be distributes separately and this will show up in each wallet. If your referral uses Payza to buy ad packs then you will receive commission in Payza wallet and so on for other processors.

[3] While you withdraw your funds from MPA, MPA does not deduct a transaction fee BUT Payment processor may deduct the transaction fee as per their rules. Hence, you will get the funds less the transaction fee deduction by the payment processor.

[4] Withdrawals are allowed everyday, 7 days a week.

[5] The minimum amount to withdraw is $5 while the maximum withdrawable limit per member per day is $200.

[6] The maximum withdrawal processing time is 72 hrs from the time of request. Please contact admin, only when you do not receive the payment after 72 hrs of the time of request.


NOTE: Withdrawal request must be requested to the same processor you used to purchase ad packs. If you use multiple payment processors to make ad pack purchases, you will receive the revenue sharing rewards to the individual payment processors and you will be able to withdraw them using the same payment processor.

MPCA - STRATEGY

Hi All, This post is worth a read for #MyPayingCryptoAds members. After the recent announcement of leadership commission a lot of people have been contacting me regarding best strategy to benefit from reward sharing in MyPayingCryptoAds. Before I explain the best strategy please read through following information:


The maximum withdrawals that can be made are 2 times the purchase amount (i.e. purchases made with payment processor and/or cash balance i.e. leader's commission)


Four Step Strategy:


1. Buy as many adpacks as much you can afford and focus completely on this business until you achieve your GOAL. Don't jump from business to business because in the end you won't achieve anything.


2. Learn the business and try to understand every single technicality about MyPayingCryptoAds. Just remember do you buy anything from a sales representative who doesn't know their product or reluctant to answer your questions?


3. Build your brand and work around strong ethics: honesty, integrity, hard work. While speaking to or introducing people in any business don't think about your commission instead work with a vision to help others achieve financial freedom. Speak to anyone and everyone because you won't know their answer until you find out.


4. Most important point: To earn maximum reward earnings withdraw your 24 hours period earnings every second day and use the same amount from bitcoin wallet to buy more services instead of continuing to repurchase within the business. This way your 2 times limit will keep increasing and you will have maximum benefit. Also buy more services from your saving on a regular basis and achieve your targets in no time.


All the very best and have a nice weekend.


Many Thanks

MPCA - About MyPayingCryptoAds (info)

Services Offered:

Login Ads, Rotating/Static/PPC Banner Ads, Text Ads, Traffic Exchange Ads, Cashlink Ads, Adpacks with revenue sharing rewards

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IMPORTANT: Please follow these steps for smooth registration:

- Only use Gmail address and correct information

- Use same device to register and verify your account - If for some reason you didn't follow above steps then registration link will expire - MPCA only allows one account per household !!! - Make sure to read the full terms and conditions because any violation won't be tolerated - If you do not receive your verification emails, please submit a public support ticket from website

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Adpack Details:

Ad-Pack Plan 1: Cost of AdPack: 0.01 BTC Rotating Banner Ad Credits: 5,000 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 100 For this plan, Membership is not required.

Ad-Pack Plan 2: Cost of AdPack: 0.03 BTC Rotating Banner Ad Credits: 10,000 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 100 To purchase this plan, You need to purchase Coin Explorer monthly membership. The cost would be 0.02 BTC.

Ad-Pack Plan 3: Cost of AdPack: 0.05 BTC Rotating Banner Ad Credits: 25,000 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 100 To purchase this plan, You need to purchase Coin Professional monthly membership. The cost would be 0.05 BTC.

Ad-Pack Plan 4: Cost of AdPack: 0.10 BTC Banner Credits: 20 Rotating Banner Ad Credits: 50,000 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 1000 To purchase this plan, You need to purchase Coin Elite monthly membership. The cost would be 0.10 BTC.

Ad-Pack Plan 5: Cost of AdPack: 0.10 BTC Banner Credits: 20 Rotating Banner Ad Credits: 50,000 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 1000 Can only be purchased using BTC wallet and/or cash balance i.e. leader's commission.

There will be a purchase fee and withdrawal fee of 2%

Daily Earning % - 1% - 2.5% (Daily earning Cap) Varies and depends on daily adpack sales.

Withdrawal Limits:

• KYC (Know Your Customer) will be mandatory for withdrawals in MPCA.
• The maximum withdrawals that can be made are 2 times the purchase amount (i.e. purchases made with payment processor and/or cash balance i.e. leader's commission)
• Ad Packs will stop earning once you have withdrawn 2 times of your purchase from BTC wallet (“fresh funds”), until you have made a new purchase from BTC wallet or Leader ship commissions.
• Purchases from Leadership commission will be classed as purchases from payment processor (“fresh funds”).
• Purchases from earnings balance are NOT classed as purchases from payment processor (“fresh funds”).
• Maximum 1 BTC from earnings, Minimum 0.01 BTC
• Withdraw from earnings can take about 72 hours.
• Must have at aleast 10 active adpacks to be able to withdraw.
• Leadership commissions can be withdrawn without limit.

#1 Free members CAN withdraw their commissions! To make this a fair platform we have added a caveat that any member must have at least 10 x level 1 adpacks to be able to withdraw their commissions balance.

Level 1 adpacks are 0.01 BTC, this would mean in order to withdraw your commissions you'll need 0.1 BTC worth of level 1 adpacks. You could use your commissions to build this up in the first instance.

Commissions: Any cash purchase made, by your referrals, will entitle you to 6% commission rewards that will be allocated to your Leader Commission Wallet, and can be withdrawn, NO limits, PLUS will be classed as purchase from payment processor (cash purchase towards your withdaw limit) And any repurchase of adpacks made, by your referrals, will entitle you to 6% commission rewards that will be allocated to your regular Commission Wallet (non withdrawable wallet).

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MPA - About MyPayingAds (info)

see also MPA website - Details page:

What we are not: We are not an investment / HYIP / Get-Rich Quick Program / MLM / Matrix / Cycler / Currency Exchange / Securities site.

What we are: We are an online advertising program. We sell advertising services. Some of Our products / services include Banner ads, Text ads, Login ads, Traffic Exchange Ads, Paid-To-Click ads etc. You may use these services to advertise your Business/Program/Product to all members and visitors of our site.

Below are the AdPacks (Advertisement Packages) offered at MPA:

Ad-Pack Plan 1:
Cost of AdPack: $5 Banner Credits: 2 Traffic Exchange Surfing Credits: 100 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 100 For this plan, Membership is not required.


Ad-Pack Plan 2:
Cost of AdPack: $10 Banner Credits: 4 Traffic Exchange Surfing Credits: 200 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 100 To purchase this plan, You need to purchase Explorer membership. The cost would be $10.


Ad-Pack Plan 3:
Cost of AdPack: $25 Banner Credits: 10 Traffic Exchange Surfing Credits: 500 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 100 To purchase this plan, You need to purchase Professional membership. The cost would be $30.


Ad-Pack Plan 4:
Cost of AdPack: $50 Banner Credits: 20 Traffic Exchange Surfing Credits: 1000 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 1200 To purchase this plan, You need to purchase Elite membership. The cost would be $60.

Ad-Pack Plan 5:

Cost of AdPack: $50 Banner Credits: 20 Traffic Exchange Surfing Credits: 1000 Revenue Sharing Rewards (Non-Guaranteed Additional Rewards): Upto 120% No-Repurchase rule Maximum active adpacks one can have: 1000 Can only be purchased using the payment processor and/or cash balance i.e. leader's commission.

Withdrawal Limits: The maximum withdrawals that can be made are 2 times the purchase amount (i.e. purchases made with payment processor and/or cash balance i.e. leader's commission)

Membership Notes:

You can buy a Ad-Pack plan if you have the required/higher membership plan. For example,

If you have Elite membership, then you can purchase any other Ad-Pack plan. You do not require to buy any other membership.

If you have Professional membership, then you can purchase Ad-Pack Plan 1, Ad-Pack Plan 2 and Ad-Pack Plan 3.

If you have Explorer membership, then you can purchase Ad-Pack Plan 1 and Ad-Pack Plan 2.

Commissions: Anyone who is promoting is a leader. Commissions offered in internal purchases is 5% and can only be used for internal purchases and the commissions on payment processors purchases is 10% and it is fully withdrawable, if needed. Also, this is additional to regular $200 per day withdrawals from Adpack earnings.

Withdrawals: Withdrawals are open Mon-Sun. Min $5 - Max $200. Payouts/Withdrawal requests are usually processed within 72 hours from request.

NOTE: Withdrawal request must be requested to the same processor used to deposit. If you use multiple payment processors to make adpack purchases, you will receive the revenue sharing rewards to the individual payment processor balances and you will be able to withdraw them using the same payment processor.

Participation in our revenue sharing program is subjected to the following two important terms:

The proposed rewards are not guaranteed and depends on the total revenue generated at the website.

The duration of the achievement of the proposed rewards is not fixed and it depends on the total revenue generated at the website.

There is NO minimum requirement, you can start with any level, all earnings go 100% to the earnings balance of the processor you used to purchase the adpacks with.