Genesis Mining has a transparent, well developed Affiliate Referral System.
Once you have signed up (FREE) you can immediately start earning BTC for referrals.
However, to earn BTC, your referrals need to have purchased mining.
As Bitcoin, Ethereum and other Digital Currencies go global, this simple Affiliate Referral Platform provides you with a reliable, proven method to on board people and reap the benefits.
With the bonus payout system you have the option to receive either Bitcoin (BTC) payouts OR earn hash power with every affiliate you generate.
The value of Bitcoin bonus payouts correspond to your current affiliate rank (as do your received hashpower upgrades).
For the bonus payout the following timeframes apply:
Contracts paid with cryptocurrencies:
Will be paid out 6 days after the purchase
Contracts paid with credit card:
Will be paid out 32 days after the purchase
Contracts paid with wire transfers:
Will be paid out 1 day after the contract has been approved
Currently the only option for payout is in Bitcoin (BTC) and is therefore the default setting.
All crypto bonus orders have a basis in USD value which will be converted to BTC value on the payout date.
Any bonus will be paid out to the same wallet address that is used for your daily mining returns.
If no wallet address is present all payouts will be held until one is added.
The various forms of the bonus payout are specific and not interchangeable.
For example, there is no possibility of exchanging a payout into a hash power upgrade and vice versa.
Each requires different processing so they will remain specific to help keep the process seamless for our affiliates.
When you sign up (FREE), you will have the option to become an Affiliate.
This is accessed under MY ACCOUNT where you will see both an AFFILIATE CODE and AFFILIATE LINKS.
It is best to use the AFFILIATE LINKS, because this AUTOMATES sign up under you as an affiliate.
If you do use the code,
Share the code with any person you’d like - friends, family, or followers.
They’ll get a 3% discount on their purchase, and you’ll get a hashpower upgrade corresponding to your tier.
Whether you’re a beginning blogger, or a social butterfly, the affiliate program has benefits for everyone.
It’s simple - anytime your referral uses your affiliate code, they’ll get a 3% discount on their purchase, and you’ll get a hashpower upgrade.
The upgrade corresponds to your current affiliate rank - the higher your rank, the bigger the rewards!
You’ll be notified by your registered email anytime someone uses your affiliate code.
At Rank 1 - the ‘Starter’ tier - you’ll get 2.5% of the quantity of hashpower purchased by your referral.
For example, if someone purchases a 10 MH/s contract using your affiliate code, you’ll get 0.25MH/s for free - and they’ll get 3% off the total price.
It’s a win-win situation!
The tier-based program means you’ll level up based on your progress:
the more you refer, the bigger the bonus.
There are a total of eight ranks to achieve, each with a bigger reward than the last - and some very special rewards.
Your rank is based on the total amount your referrals have purchased over the last 100 days.
You start at Rank 1 - Starter.
To move up in rank, you’ll need to earn a total of $100 USD in referred sales.
If you refer $50 USD in sales in the two weeks, then another $60 USD in the third week, your total amount purchased by your referrals will be $110 USD - so you’ll hit Rank 2 - Copper.
Six weeks later, your referrals might purchase another $400 USD - your total would be $510 USD, and you’d hit Rank 3 - Bronze.
Ranks are based over the last 100 days - that means they’re variable and your rank can ‘decay’ over time.
Any referral’s purchase older than 100 days will be discarded, and your rank (and reward) adjusted accordingly.
You’ll see your current rank and total sales performance on your affiliate page.
Your affiliate ID URL’s are personalized for you, to link across various services:
websites, on your social media accounts, on email and forum signatures.
It ties a user to a particular referrer, and is used when you create an account.
This will tie all future purchases to the affiliate account, as long a promotional code isn’t entered.
The promo code, on the other hand, can be used with both a new account, and an existing one - simply apply the promotional code at checkout!
Remember - the promotional code will always take priority.
You cannot sign up with affiliate A’s URL, and then apply affiliate B’s promotional code to get double the discount - only affiliate B (and not affiliate A) would receive the hashpower bonus.