While Mining Race offers a powerful way to earn Bitcoin through cloud mining, its referral program—powered by ICONX—unlocks a completely different level of earning potential. This system is designed to reward you not just for your own mining activities, but for building a network of other miners. Understanding this compensation plan is key to maximizing your returns.
Based on the official ICONX compensation plan documents, here’s a complete breakdown of the four ways you can earn by referring others to Mining Race.
The 4 Ways to Earn with the ICONX Referral System
| Bonus Type | What It Is | How It’s Paid |
|---|---|---|
| 1. Direct Bonus | A direct commission on sales made by your personally sponsored referrals. | Race Credits (1 Credit = 1 USDT) |
| 2. Network Bonus | A binary bonus based on the sales volume of your two network legs. | Race Credits (1 Credit = 1 USDT) |
| 3. Grid Bonus | A percentage of the mining power outcome from up to 20 levels of your referral network. | Bitcoin (BTC) |
| 4. Rank Rewards | One-time cash bonuses for achieving new leadership ranks. | Race Credits (1 Credit = 1 USDT) |
1. Direct Bonus: Your Immediate Commission
This is the most straightforward reward. When someone you directly refer buys a product, you earn a commission. It’s paid in Race Credits, which can be redeemed for crypto assets like USDT.
| Product Purchased by Your Referral | Your Direct Bonus |
|---|---|
| Spot Licenses (e.g., Starter, Premium, Prime) | 10% |
| Mining Devices | 5% |
| Mining Cores (New Cores only) | 5% |
| Stable Mining Cards | 2% |
Key Details:
- You must have an active Spot License to earn this bonus.
- Bonuses are not paid on Auto-Buy Cores or purchases made with discount coupons.
- All Race Credits expire after 90 days if not claimed.
2. Network Bonus: Building Your Binary Team
This is where team building comes into play. The Network Bonus uses a binary structure, meaning you have two “legs” under you: a left leg and a right leg. You earn a 10% commission on the total sales volume of your weaker leg each week.
For example, if your left leg generates $80,000 in volume and your right leg generates $50,000, you earn a $5,000 bonus (10% of the $50,000 weaker leg). The remaining $30,000 from your stronger leg carries over to the next week.
Key Details:
- The maximum you can earn from the Network Bonus is capped at $30,000 per week.
- Different products contribute different percentages to the network volume (e.g., a $1,000 Platinum Spot adds $1,000 in volume, but a $5,200 Mining Device only adds $520).
3. Grid Bonus: Earning from Your Network’s Mining Power
This is a powerful, long-term bonus paid directly in Bitcoin. You earn a small percentage of the actual Bitcoin mined by your referral network, up to 20 levels deep. The deeper levels are unlocked as you achieve higher ranks.
| Grid Level | Your Grid Bonus % |
|---|---|
| Level 1 (Your direct referrals) | 4% |
| Level 2 | 2% |
| Level 3 | 1% |
| Levels 10-20 | 0.1% |
Key Details:
- To activate the Grid Bonus, you must have a minimum of 100 TH/s of mining power yourself.
- It is paid out weekly in BTC, with a minimum withdrawal of 0.002 BTC.
4. Rank Rewards: Leadership Bonuses
As your network grows, you can achieve leadership ranks that come with significant one-time cash bonuses. Ranks are determined by your total network volume and the number of ranked leaders in your downline.
| Rank | Volume Required (Each Leg) | One-Time Rank Reward |
|---|---|---|
| Team Leader (TL) | $30,000 | $1,000 |
| Regional Director (RD) | $100,000 | $3,000 |
| Vice President (VP) | $1,000,000 | $30,000 |
| ICON | $9,000,000 | $300,000 |
Conclusion: A System for Active Promoters
The ICONX compensation plan is designed for those who are serious about not just mining, but also building a community. While the Direct Bonus offers a nice immediate reward, the true long-term potential lies in the Network and Grid bonuses, which can create a significant passive income stream in both cash and Bitcoin.
Ready to start building your own mining network? You can sign up using my referral link below and get started today.
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