Review Of BitcoinAffiliateNetwork.com – Bitcoin Mining Pool That Does Payout
I signed up with BitcoinAffiliateNetwork.com a number of days ago. I wanted a place that would pay hourly for the hashrate I deliver. Solo mining is merely a gamble and for most people it is a complete waste of your time, money, and electricity. So I wanted to use a well recommended Bitcoin mining pool that would pay out multiple times a day. The Bitcoin Affiliate Network was recommended by some well-respected people, so I signed up with them and began mining. I set my payout settings to have the payout come out instantly each hour to my Coinbase Bitcoin Wallet. (I later changed it to 2 hours thinking maybe that would cause it to start paying out, it did not.) I was interested to see how quickly the payouts started with the decent amount of mining I was capable of doing. You can see in the image below that I was delivering:
This is about a 6,500 GH/s rate I was contributing to the mining pool. I kept delivering at this rate or higher for 24 hours, after which I stopped contributing to the pool since this pool failed to pay anything out. They were supposed to pay every hour and it has been days now and they have not paid. I contacted BitcoinAffiliateNetwork.com‘s support staff, and while they did respond promptly, all they said was they had delays paying out. It appeared that since it has been days since that response that they were not intending to ever pay out.
They did not provide any communication on the site or email users to let them know what the problem was, but they did eventually put up a notice:
“DC failure, Server is partially up; shares are being recorded but no eta on stats/payment processing. Suggest backup pools for the time being.”
Then they did eventually pay out. I hope that in the future they will communicate better with their users. Things happen with systems and most users would understand, but with so many Bitcoin pools having came and gone with people’s Bitcoins there is always a concern in the back of miner’s minds about whether they were ripped off. So after their issue I would recommend them, but also recommend they communicate better when there are issues. All it takes is one short system-wide email or a notice on the home page to let everyone know what the issue is.