RENEC Group Mining: The more miners, The bigger prizes
THE MORE THE MERRIER is the newly launched concept of RENEC mining, what we call "Group Mining".
What Is RENEC Group Mining?
True to its name, now instead of mining alone, you can mine with friends to increase the amount of RENEC mined. How?
A mining room will equally share a RENEC reward after 24 hours if enough members join a room. When you join the mining room, you still get RENEC from solo mining, as well as the amount of RENEC commission from the downlines. Is it attractive?
See Also: How To Mine Renec
Remitano users, whether or not they have mined RENEC before, can participate in group mining with a few simple steps:
Step 1: Go to ‘Earn RENEC’ page
Step 2: Click on "Group mining" tab to access to all Group Mining features
Step 3: Create your own Mining room and invite other user to join OR Join a Mining room created by other miners
Every miner who has completed KYC level 2 can create their own room and invite other users to join the mining room OR join the mining room that has been created by other miners and is recruiting. You can only create 1 mining room at a time or join another 1 mining room.
Let's start by clicking "Create room" > Upload avatar image for the room & Choose the desired reward type, the larger the reward, the more members need to join the room.
Users joining the room will include 3 types:
Room owner: Room creator
Oldie: User has mined group RENEC before
Newbie: User has never mined group RENEC before. The MINIMUM number of newbies required is 20% of the total users
- The mining room only starts when there are enough people.
- The duration of a mining session by room is 24 hours from the time the room is full of people.
- After creating a room, the room will have 24 hours to recruit enough members. If after 24 hours, the room does not have enough members, the mining room will expire and you can create or join another mining room.
Step 4: Invite friends, other users to join the room to quickly recruit enough members. Any member who has joined the room can click the “Invite” button to invite more members. You have 2 invitation options, including:
- Click to invite your eligible downliners to join the room by username > Invitees will receive notification via Notification function
- Share the room link on social medias
When Will My Group Receive The Rewards?
When the mining room has had enough members (oldie, newbie) as required, the mining room will be automatically started. The room's mining time is 24 hours and the room's RENEC rewards will be split evenly and directly credited to each room member's Remitano wallet balance.
Users who contribute to the invitation of new miners (newbie - users who have never mined before) will receive an additional bonus of 0.2 RENEC/1 invited newbie.
Useful Tips When Joining In Group Mining
- Quick Join
Click on “Quick join” so that the system will randomly send you to a mining room that is recruiting members.
- Join by self-decision
View the list of rooms that are recruiting members and click “Join”.
Users participating in group mining need to ensure that they have completed Level 2 Verification. To verify your account, go to the menu on Remitano app. Then click on "Verify". Follow the instructional steps to upload your documents ID, Like National id card, voters card, or international passport or any valid ID card.
See Also: Renec Review And White paper
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