Mining City Mining Plans

 

Mining City provides Members the chance to take part in one of the largest organized cryptocurrency mining operations in the world. Members can purchase Bitcoin (BTC) and Bitcoin Vault (BTCV) Mining Plans and enjoy the daily Mining Income that is generated by the hash power of these Mining Plans. In order to grow the potential daily Mining Income produced by Mining Plans, Members can allocate a portion of their daily Mining Income towards purchasing additional portions of Mining Plans (Repurchases).

 

Mining City offers six different Bitcoin and Bitcoin Vault Mining Plans. When you purchase any of these Mining Plans you are actually purchasing a contract for 1,100 days of Bitcoin or Bitcoin Vault mining at a specified hash power.

 

Mining City Compensation Plans

 

In addition to daily Mining Income, Mining City also provides Members commissions paid in BTC or BTCV through the Compensation plans. The commissions are generated through the referral system and are based around the Binary Tree and the Team Tree.

 

The size of Commissions for the referral system varies based on Members’ performance, where the better they perform, the greater the Commissions that they can receive. Compensation Plan commissions are received based on the following criteria:

 

• Rank

• Team Tree structure

• Binary Tree structure

 

These points will be explained in detail below.

 

Binary Tree

 

The Binary Tree is a 2–leg tree, where each position has a left and right position. Only your Referrer can position you into the Binary Tree after you purchase a Mining Plan. Once positioned in the Binary Tree, you cannot be moved, however, you will be able to add your Members into the Binary Tree into an open position below you on your left or right side.

 

An example segment of the Binary Tree Structure:

 

The Binary Tree allows you to accumulate Binary Points. For each Mining Plan you receive Binary Points, as shown below:

 

When you are added to the Binary Tree, the Binary Points generated from your Mining Plans’ value are added to the tree. Additionally, if you later purchase a Mining Plan, then these Binary Points are also added to the tree. The Binary Points go to all members above you and are added to the left or right total, depending on which leg the Binary Points come from.

 

The total amount of Binary Points that can be accumulated in a 24–hour period is determined by your Rank. Once you reach the maximum daily amount of Binary Points according to your Rank on your weaker leg (the leg of the Binary Tree below you that has fewer Binary Points), no more Binary Points will be accumulated on either of your legs until the following day.

 

Team Tree

 

The Team Tree consists of the Members that you refer and those Members which have been referred by Members of your Team Tree. In order to be added to your Team Tree, Members must first purchase a Mining Plan. The 1st Level of your Team Tree consists of Members directly referred by you; the 2nd Level of your Team Tree consists of Members referred by your 1st Level Members, and so on. There is no limit to the number of Levels that can exist in your Team Tree.

 

Team A and Team B

 

The first 5 Members that are referred by you and purchase a Mining Plan are placed in your Team A – all additional Members that you refer, who purchase a Mining Plan, are placed in your Team B. Members in both Teams, Team A and Team B, make up the 1st level of your Team Tree.

It is not possible to change the Team in which a Member is placed.

 

Every Team Tree has a number of legs (“tree branches”). Each Member in the 1st Level of your Team Tree, along with his / her Team Tree, represents one leg in your Team Tree.

 

Team A of Team B (B–A Structure)

 

The Team A of your Team B Members is part of the 2nd Level of your Team Tree, and is part of your B–A Structure, as well as the Team A of every Member in your B–A Structure at every Level down.

Members in the B–A–A segment of your B-A Structure are Members in the 3rd Level of your Team Tree.

 

Below is an example of the B–A structure of a segment of a Member’s Team Tree:

 

Member Ranks

 

Based on the performance of Members, they achieve Ranks. Each Rank can be achieved when the Rank requirements are met by the Member.

 

Rank Requirements

Personal Purchase (Binary Points): This refers to how many Binary Points a Member’s Personal

Purchases contribute to the Binary Tree.

 

Team Tree Sales: This refers to how much sales a Member’s Team Tree generates.

 

Sales Volume: This is the sum of a Member’s Personal Purchases + Team Tree Sales.

 

Qualifications: Structure – specific requirements of a Member’s Team Tree.

 

Only 50% of the total Team Tree Sales volume is counted from one Team Tree leg.

 

Compensation Plans

 

There are 5 Compensations Plans which are available to Mining City Members. Each Compensation Plan provides Members with the possibility to receive Commissions based on their referral structures and Ranks.

 

Compensation Plan 1 – Binary Tree Bonus (Cycle Dependent):

This Compensation Plan is based on the Binary Tree and takes into account the Binary Points contributed by Members to the Binary Tree when they make a Mining Plan purchase.

 

Members receive Commissions based on the amount of Cycles generated by the Binary Points contributed by Members below them in the Binary Tree.

 

When the sum of Binary Points contributed by Members below you in the Binary Tree reaches 5 Binary Points on the left leg and 5 Binary Points on the right leg, a cycle is generated. For each Cycle that is generated, you receive Commissions and 5 Binary Points are consumed in each of the 2 legs.

 

You can receive Commissions for up to a certain amount of Cycles per day, depending on your Rank. Daily cycle limits per Rank can be seen below:

 

For each generated Cycle you receive $200 in Bitcoin and / or Bitcoin Vault, based on the proportion of the Binary Points that originate from Bitcoin (BTC) or Bitcoin Vault (BTCV) Mining Plan purchases. The payments in BTC and BTCV are made at the current exchange rate during Commission payouts.

 

It is important to note that once you reach the maximum amount of cycles for the day, additional Binary Points generated will not be added to either of your legs.

 

If the maximum number of Cycles is not generated for a given day, then the Binary Points left over after the generation of Cycles will remain for future use.

 

CP1 Example:

 

You are a Citizen.

 

You start the day with 4 BP (2 – BTC; 2 – BTCV) on your left leg and 40 BP (13 – BTC; 27 – BTCV) on your right leg.

 

Below you in your left leg there are purchases that generate:

4 BP from BTC purchases

7 BP from BTCV purchases

 

Below you in your right leg there are purchases that generate:

11 BP from BTC purchases

15 BP from BTCV purchases

 

Your Binary Point totals:

Left – 6 BP from BTC, 9 BP from BTCV = 15 BP

Right – 23 BP from BTC, 42 BP from BTCV = 65 BP

 

3 cycles are generated, consuming 15 BP from both sides.

 

First, BPs from BTCV purchases are consumed.

Left: 9 BP from BTCV and 6 BP from BTC are consumed

Right: 15 BP from BTCV are consumed.

 

Payment for the 3 cycles is divided between BTC and BTCV based on proportion:

1st cycle: 5 BTCV BP from the Left, 5 BTCV BP from the Right

Left (50% of $200 in BTCV) + Right (50% of $200 in BTCV)

 

2nd cycle: 4 BTCV BP + 1 BTC BP from the Left, 5 BTCV BP from the Right

Left (40% of $200 in BTCV + 10% of $200 in BTC)

+ Right (50% of $200 in BTCV)

 

3rd cycle: 5 BTC BP from the Left, 5 BTCV BP from the Right

Left (50% of $200 in BTC) + Right (50% of $200 in BTCV)

 

 

Compensation Plan 2 – Binary Matching Bonus

This Compensation Plan is based on the Team Tree and takes into account the Cycles generated (Compensation Plan 1) by Members in your Team Tree. Your Rank defines from how many Levels you can get Compensation Plan 2 Commissions – please see table below:

 

For every Cycle generated by a Member in your Team Tree at Levels for which you can receive Compensation Plan 2 Commissions, you earn $10 in Bitcoin and / or Bitcoin Vault, based on the proportion of the Binary Points of each Cycle that originates from Bitcoin (BTC) or Bitcoin Vault (BTCV) Mining Plan purchases. The payments in BTC and BTCV are made at the current exchange rate during Commission payouts.

 

CP2 Example:

 

You are a Citizen.

 

In the 2nd Level of your Team Tree a Member generates a cycle with the following configuration:

Left – 5BP from BTCV

Right – 3 BP from BTCV, 2 BP from BTC

 

The cycle consists of:

8 BTCV BP (80%)

2 BTC BP (20%)

 

For this Member’s generated cycle you will receive:

80% × $10 = $8 in BTCV

20% × $10 = $2 in BTC

 

Compensation Plan 3 – Plan Bonus

This Compensation Plan is based on the Team Tree and takes into consideration the Mining Plan purchases of Members in your Team Tree. Commissions are generated when a Member in your Team A, Team B, or B-A Structure makes a Mining Plan purchase. Depending on the type of Mining Plan purchased, the commissions are earned in either BTC or BTCV.

 

You can receive Compensation Plan 3 Commissions for each Member’s Mining Plans up to the Mining Plan total you purchased. Commissions exceeding the amount that you are entitled to receive are placed in your Commission Held balance (Aside Balance). To unlock funds from the Commission Held balance, purchase additional Mining Plans to raise your total Mining Plans.

 

It is important to note that BTC and BTCV plans are counted separately.

 

Note: Commissions paid out for Mining Plans purchased before the introduction of the new Mining Plan configurations in April 2020 will be based on the value of those Mining Plans at the time of their purchase (1 Standard Mining Plan = $500).

 

Commissions for the Purchases in your Team Tree:

 

• Team A
  You earn 5% in Commissions for the Mining Plan purchases of the Members in your Team A (1st Level only).

  
   

• Team B
  You earn 10% in Commissions for the Mining Plan purchases of the Members in your Team B (1st Level only).

  
   

• B-A Structure
  You earn 5% in Commissions for the Mining Plan purchases of the Members in your B-A Structure. Your Rank defines from how many Levels of your Team Tree you can get B-A Structure Commissions:

  
   

  – Resident – Does not apply;

  – Citizen – Up to 10 Levels;

  – City Builder – Up to 15 Levels;

  – City Developer – Up to 20 Levels;

  – City Manager – Up to 30 Levels;

  – City Chief Manager / City Mayor / Governor – No Level limits.

 

CP3 Example

 

You have a Silver BTCV Mining Plan ($2,400) and a Member in your Team A purchases a Gold BTCV Mining Plan ($4,200).

 

You will receive Commissions for $2,400 of your Member’s purchase, and Commissions for

$4,200 – $2,400 = $1,800

$1,800 of the purchase will be set aside in your Commission Held balance.

 

Current Commissions = $2,400 × 5% = $120 in BTCV [paid out at the current exchange rate]

 

Commission Held = $1,800 × 5% = $90 in BTCV

 

In order to unlock funds placed in the Commission Held balance for this Member’s Mining Plan purchase, you should purchase additional BTCV Mining Plans. If you purchase an additional Standard BTCV Mining Plan ($600), then you will unlock and earn $30 in BTCV Commissions for $600 worth of Mining Plans, and so on.

 

Compensation Plan 4 – Repurchase Bonus

This Compensation Plan is based on the Team Tree and takes into consideration the Repurchases made by Members. Commissions are generated by Repurchases of Members in the Referrer’s Team Tree structure: Team A, Team B, and Team B–A structure. This Compensation Plan only generates Commissions if Members of your Team Tree are making Repurchases.

 

Repurchase

 

Repurchases are 1% portions of Mining Plans purchased using Mining Income allocated towards repurchasing Mining Units. If you set a specific Repurchase rate, then this percentage of your Mining Income will be allocated towards making Mining Plan Repurchases.

 

In order to receive Commissions for the type of Repurchase made by a Member of your Team Tree structure, you must have purchased and must possess an active Mining Plan of the type of Mining Plan for which the Repurchase is generated:

 

• To receive Commissions for BTC Mining Plan Repurchases, the specific Member must possess a BTC Mining Plan;

• To receive Commissions for BTCV Mining Plan Repurchases, the specific Member must possessa BTCV Mining Plan.

 

It is important to note that the Commissions are paid out in BTC and / or BTCV respectively, according to the type of Repurchase being generated at the current exchange rate during Commission payouts.

 

Commissions for the Repurchases in your Team Tree:

 

• Team A Member Repurchase – 10%

• Team B Member Repurchase – 20%

• B–A structure Member Repurchase – 10%

 

Your Rank defines from how many Levels of your Team Tree you can get B-A Structure Commissions:

 

– Resident – Does not apply;

– Citizen – Up to 10 Levels;

– City Builder – Up to 15 Levels;

– City Developer – Up to 20 Levels;

– City Manager – Up to 30 Levels;

– City Chief Manager / City Mayor / Governor – No Level limits.

 

CP4 Example:

 

You have an active Standard BTCV Mining Plan and a Member in your Team B has a Standard BTCV Mining Plan with a 20% Repurchase Rate set.

 

Every time that the Member in your Team generates Mining Income and part of it is put towards Repurchases. You receive 20% of the amount the Member puts towards Repurchases.

 

If the daily Mining Income is $1, then $0.20 is put towards making a Repurchase.

 

From this $0.20 you receive 20%, so:

$0.20 × 20% = $0.04

$0.04 in BTCV as Compensation Plan 4 Commissions.

 

Compensation Plan 5 – Residual Bonuses

This Compensation Plan is based on the Team Tree and takes into consideration the Repurchases made by Members in the Referrer’s Team Tree. The size and how far in the Team Tree you receive Commissions for this Compensation Plan is defined by your Rank and the Generation in which the Repurchase takes place. You must have at least achieved the Rank of City Builder in order to receive Commissions for this Compensation Plan.

 

Generations

 

Generations define groups of Members below you in your Team Tree which have a lower Rank than you, and end at Members who have the same Rank as you or a higher Rank than you.

 

Example of Generations in Referrer’s Team Tree:

 

Commissions are earned based on all the Repurchases that are made within each generation.

 

CP5 Example:

 

You are a Builder with an active BTCV Mining Plan.

 

A Member of your Team Tree is a Manager in the 2nd Level and in the 2nd Generation of your Team Tree. When this Member makes a Repurchase, you will receive 1% of the value of this Repurchase.

 

So, if this Member has a daily Mining Income of $1.00 and a 50% Repurchase rate set, then $0.50 will be allocated towards his/her Repurchases. Of this $0.50, you will receive 1%:

$0.50 × 1% = $0.005

$0.005 in BTCV.