Frequently Asked Questions
How much money will I make?
Due to the nature of this being a startup that is in Beta, we cannot guarantee exact numbers. However, we estimate between $15 to $25 being the average monthly payout in the first phase.
When will I see my first payment?
Payments are made the last Wednesday of every quarter, unless it is a Holiday, then they will be paid on the closest, non-Holiday day before. All payments are based on how many days out of the month your miner was active.
What is an “active” miner?
An active miner is one that has power and internet without a firewall blocking transference of data. Note: if it is blocking data you could still be eligible for a partial payment. As soon as possible we will send someone out to your location to adjust the firewalls and make your device 100% active.
What is your referral program?
The referral program is a program where you can get a monthly bonus based off of any locations that you refer to us that get approved and become active. The program will give you an extra 10% every month for every referral that you have given that stays active.
How long does it take to get approved and start making money?
Approval is based upon availability of devices and location. We try to approve locations as soon as we can, normally within 3 business days you will hear from us regarding approval/rejection/waitlist. If you are approved, you will be receiving your unit within the next shipment. Note: Shipments can be 3+ months out depending on supply.
What if I am not approved?
If you are rejected, it means that your location already has too many devices in the area. You can still opt into our referral program and make 10% off of every approved location. If you are put onto the waitlist, it means that we need more interest in your area, in order to hurry that process up, you can refer your friends/family/neighbors and “that one guy”.
Is there a max amount of referrals one person can have?
No. You can have as many as you would like. Tell all of your friends.
Will this slow my internet?
The bandwidth it uses is 300kBps. It uses 30-50 GB per month. The simple answer, is no, you shouldn’t notice any difference, especially if it is hardwired with an ethernet cable. If you are on dial-up, no need to apply.
How much electricity is this going to cost?
About $3. That’s less than your coffee maker every month, and way less than going out for coffee. Heck, with the money you are going to get, why not, go have a Latte on us!
Will you be collecting and/or sharing my private information?
No. Quite frankly, we do not want to know any more about you than your location. We will not share or sell any of your private information and only need to know what is necessary for proper placement of your device. Your privacy and security is important to us.
Why are you giving me free money?
I know you are looking for a catch. There is none. We believe that this can possibly help our communities while obviously making us independently wealthy in the near future. The more we make, the more you make. That’s it.
Contact us.
Support@thevmco.com
If you have any additional questions, comments or concerns, please feel free to reach out! We love hearing our email chime!