Welcome to this Mize Network Powernodes Review, where we will take a deeper look into this concept and the technology behind it. After the first launch in June 2018 Powernodes have recently gone viral on social media and those in the know call it the “Next Generation Mining”. So in this review we will examine exactly what the Mize Network Powernodes are all about, what makes them unique, the technology behind them, and whether or not this concept is viable. However, if you would like to know more about Mize Network (the company itself) and its products please go to the Mize Network Review post. Let us now turn our attention to what Powernodes are and how you can benefit financially from them.
What Are Powernodes?
This is the first of the many anticipated products of Mize Network. Below is how the company explains it:
Powernodes is a Mining Club that offers the possibility for any person efficiently and comfortably in a sector that would be otherwise inaccessible. The activity of Powernodes is focused on creating the best form of investment and performance of cryptocurrencies, counting for such with the most advanced technology systems.
Mize Network Powernodes Explained in 3 Minutes – Watch Below!
In simple terms, Powernodes represent the number of shares that you have in the mining club. Thus the term Powernodes is the company branded name that encompasses Proof of Work (PoW) and Proof of Stake (PoS). This means participants are able to take advantage of both traditional mining and token staking. Yes, Powernodes combine both PoW and PoS. Meaning the members benefit from both these activities. So when you buy Powernodes packs you are actually benefiting from the best of both worlds, for the price of one. Essentially, buying Powernodes means you are buying into a big mining club pool where the number of tokens you own determine your daily interest. The more Powernodes packs you own the higher your earnings per day.
What is Proof of Work Mining?
This is the traditional mining that we are all accustomed to which requires specialised software, GPUs, computers, power, etc. to solve mathematical problems and verify transactions, as a reward new coins are obtained. Cointelegraph has done a great job in elaborating on this point:
Proof-of-Work, or PoW, is the original consensus algorithm in a Blockchain network.
In Blockchain, this algorithm is used to confirm transactions and produce new blocks to the chain. With PoW, miners compete against each other to complete transactions on the network and get rewarded. In a network users send each other digital tokens. A decentralized ledgergathers all the transactions into blocks. However, care should be taken to confirm the transactions and arrange blocks.
This responsibility bears on special nodes called miners, and a process is called mining. The main working principles are a complicated mathematical puzzle and a possibility to easily prove the solution.
What is Proof of Stake?
Simply put, Masternode cryptocurrencies allow you to stake and earn crypto passively on a continuous bases. Basically you hold a specific amount of tokens in a wallet or server. The amount you need to hold can be large, and therefore costly. Also the capacity of storing a copy of the whole blockchain may be challenging. The other thing is that you need to know which masternodes will give you the best return on investment (ROI).
Masternodes are highly profitable and give you a recurring ROI if done right. With Mize Network Powernodes, all you need to do is buy Powernode packs with bitcoin and that’s it! Mize will select the masternodes that give the best returns and pay you in BTC, for life. They will select the most profitable ERC20 token to stake and then sell it for BTC and give you your earnings, per day. The more Powernodes you have, the more you will stake and earn.
Masternodes are extremely lucrative but VERY expensive to set up. For example. To run A Dash node you require a minimum of 1000 Dash Coins. Dash, as an example is $141 at the time of writing this post. So Multiply by 1000, excluding setup and hosting, do the math. This is where Mize Network comes into the picture, they take care of all this by enabling small investors to also get a piece of the pie without breaking the bank.
Proof of Mize Network Mining Farm
Benefits for Participating in the Mize Network Powernodes Mining Club
1. Cost per pack is €100.
You can buy as many packs as you want, there are no limits as to the number of packs you can own. There are no membership fees either. You just register for free (using our team rotator link) and become a member, then you purchase your Powernodes. Done!
You can also compound your earnings so that you own as many Powernode packs as possible. You can compound any amount ranging from 20%-100%. If you don’t want to compound you can withdraw your earnings at any time.
NOTE!!! You pay the withdrawal fees, not the company. So if you happen to want to withdraw your funds it is important to make sure that there are sufficient funds in your balance.
3. No setup costs
All you have to do is buy Powernodes. The company will setup everything for you.
4. No hidden charges
There are no “anonymous” or “random” fees to pay for Mize Network Powernodes. There are no hidden charges. What you see is what you get. The only fees you pay for are the Blockchain transaction fees, when you withdraw from the platform.
5. Start earning daily in 30 days time (after setup)
Setup takes time. The company must allocate your portion of the tokens, get your hosting done, allocate your hashrate from the POW, update their systems, etc. For this reason the company allows 30 days of setup, after which you will be earning every single day, including weekends, for life.
6. There is NO expiry date!!!
You read correctly, there is NO expiry date. As opposed to various mining companies which usually give anything between one to five years in mining contracts. There is no such thing in Mize Network. Your once off purchase earns you a lifetime earnings, which you can pass onto your family members in case of any life events.
7. Get Paid Directly in Bitcoin to your Wallet, 12 Midnight Spain Time.
You can share the opportunity with your friends and family to get referral commissions. Mize processes commissions at 12 midnight, Spain time. However, you need to have a minimum of 50 Euros in your back office before the system can release your funds. This is ONLY applicable to the commissions. Because you have the option to compound your daily earnings from Powernodes, you have to manually withdraw the BTC in this case.
They use smart contract so payments are automatic. You don’t have to physically withdraw your commissions. It’s all automatic. Again, Bonus commissions (from referrals and binary) are processed automatically once you have 50 Euros in your wallet. However, your earnings from Powernodes can be withdrawn manually for the reason stated above.
8. Earn 5% Referral Commission
If you decide to share this opportunity you will get paid 5% direct commissions for the people you refer to the platform. This is your first level/line of referrals.
9. Earn 10% Binary Commission
You will also earn 10% binary commissions once you meet the binary qualification requirement. See Compensation plan below.
10. Up to 18% Residual Bonus.
This is very exciting as you get residual commissions when your referrals compound/repurchase powernodes with their earnings. This goes up to 9 levels deep. Please see the comp plan below.
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Below is a thorough overview of the compensation plan as Mize Network has it. The pay out is four folds: Direct commissions, Binary commissions, Matching Bonus and Residual commissions.
The company pays you 5% for every direct referral you bring into the business. This applies to every referral and also the same referral that buys more packs with fresh funds. So essentially you get paid for every purchase they make.
Binary commissions pay you 70 points for every sale of 1 Powernodes pack that you make. These points will be multiplied by 10% to arrive to a Euro value. For example if you have 11.060 points on your weaker leg it simply means you will be getting 1 106 Euros (11.060×10%) from those points – Please see illustration below. However, in order for you to qualify to earn from binary commissions you need to have at least one direct referral on each side. This is where you will benefit immensely if you join my team because I’ll build your right leg, all you have to do is focus on your left leg.
It helps to have an active sponsor because you get binary points, and thus earn, from people that you don’t even know. What if the person that I add next is a big leader and will basically run through the leg? That’s more binary commissions for you. I also regularly look at my team members structures and check the people that are active but struggling, and pass them a member or two. So I highly recommend you join my team if the idea of earning from Binary commissions from random members interests you. Yes, you still need to put in the work, however, it’ll be one leg instead of two legs, and a chance of scoring yourself a member or two from time to time placed on your weaker leg. If this is something you’d like then Join My Team Right Away! and benefit from the team rotator for free DIRECT referrals.
There are many ways to earn through Mize Network. If you treat it like a business and build it you will get far. With this comes many incentives: all expenses paid trips, a boat, a house, a car, etc. The incentives are mouth watering. The rewards get better and better as you rank up. Together with other incentives, when you reach your Bronze level, you will also be eligible to receive 5% of your direct referral’s binary earnings.
Let’s take the example we made with the binary commissions mentioned previous section. If your direct referral earns 1 106 Euros in Binary commissions you will earn 5% of what he’s earning, as Bronze. Meaning in this case you will earn 55.30 Euros. And as you hit the ranks, for example as a Silver you will earn 5% from your direct referral’s referral (2nd level), and as a Gold you’ll earn 5% from your referral’s referral’s referral -3rd level, and so on and so forth. Very exciting.
This is a very exciting feature I must say. This is my favourite feature because you get paid more from the same members, simply because they decided to repurchase powernodes with their earnings. That’s right, you have the opportunity to compound your earnings. Meaning the earnings that you get from your powernodes you have a choice to either withdraw or compound or both. The compound ranges is from 20%-100%. You can choose whichever option suits you and you can change this anytime too. You can only qualify to compound once you’ve reached 2% of your capital you used to buy powernodes.
Here’s the exciting part. If your referrals decide to compound, you will earn from every repurchase they make. This goes up to 9 levels deep. The first 3 levels you earn 3% from repurchase, and from level 4 through 6 you earn 2% and lastly from level 7 through 9 you earn 1%. Essentially this is just from one referral that you have brought in -who has also brought someone in, and so on. Imagine if you have more doing the same thing? Do you the see the potential here? Get your own position and test drive the system for 7 days and earn fro FREE without paying a dime from your own pocket. You may also benefit score on free direct referrals through our team rotator too. Every link used throughout this post is our team rotator link.
Watch the video below from one of the company webinars explaining more about Powernodes and the compensation plan we just discussed.
Mize Network Powernodes Review Video Presentation
Top 11 Benefits for Joining My Team – The Crypto Legends Team
I understand that the only challenge you might be thinking (if you want to build a team) is “how do I get downlines?”. This is where we come in. You stand to earn more if you lock arms with a team, not as an individual. For this reason if you join my team I will add you to our team rotator.
Below I have detailed 10 benefits (there’s more) for joining our team. Here’s what you get:
- I will add you to our Super Mize Rotator Link.
- We use a personalised and professional domain name for our super rotator: http://simplepassiveincome.net/mizenetwork
- We use an autoresponder to follow up with leads automatically (coming soon).
- All the emails sent out to leads are coded with the members’ links.
- I monitor the rotator carefully to ensure no one gets an unfair advantage. In order to give others a chance, I remove links from the rotator which have received at least 4 signups.
- Social Media domination through our “One Link Concept”.
- Video sites such as YouTube and Vimeo are filled with our link. (coming soon)
- Aggressive promotion of this very blog post, aimed at driving massive traffic to our rotator link.
- You will benefit from our Solo Ad campaigns that we will be undertaking soon.
- Benefit from our co-ops (joint ventures) that we occasionally partake in, in order to get targeted leads and referrals. These are people who are looking for a business like ours.
- Our team aggressively promotes on the following programs:
___Rev Share Sites
___Traffic Exchange Sites
___Social Bookmarking sites
___Link Reciprocators, etc
(more programs being added on a continuous basis)
If you See Value in Signing Up or Joining Our Team click the image below to register. If you want to be added to the rotator you have to purchase at least one pack. After you’ve done that send me an email or contact me on WhatsApp with your Mize Network username and I will add you to our rotator.
This concludes our Mize Network Powernodes Review. I hope you now understand Powernodes better and that you will be able to make an informed decision whether or not to participate in the Powernodes Mining Club. If you still have questions you are more than welcome to ask in the comment section below or to contact me either on WhatsApp or Email.
Become a Member – Rotator Link: http://simplepassiveincome.net/mizenetwork
Contact me: +2779 473 6164 (Also available on WhatsApp)
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