Help CenterThe banks aren't big fans of crypto. The banks know they're going extinct, as the digital realm gives us tools like crypto to remove banks from the currency conversation.
To that end, as mineTXC grows, it become increasingly difficult to accept fiat (normal money) payments from new Miners. We encourage all Miners to pay the one-time Miner Fee with crypto; it's a fast & easy way for a new Miner to get started, and makes it easy for us to grow.
However, we know that many of our Miners are completely new to the crypto conversation, and as such, are not familiar with crypto exchanges, hot wallets, USDC, and scary-looking public keys.
As we're building the Future of Money in Texas (and beyond!), it's important that we use all the congruent tools at our disposable to accomplish our major goals. Therefore, instead of putting resources into helping prospective Miners onboard and onramp through us, we are now relying on our existing Miners to help new Miners get started through a process that we call "Peer Payments", and it goes like this:
1) A new Miner is ready to join and they want to pay with some old-fashioned money: cash, Venmo, Zelle, Cash App, PayPal, personal check, or anything else whatsoever that isn't crypto.
2) YOU accept this payment from them, and notify the office of the name and amount you received on behalf of the new Miner.
3) The new Miner is setup and begins earning daily TXC as soon as our staff confirms their payment and details.
4) Once the week closes (at end of the day Saturday UTC), we will issue the Miner that accepted the Peer Payment an invoice for ALL of the payments we think you collected. Keep an eye out for the Peer Payment invoice by email. The invoiced amount reflects a 5% discount for your help.
5) Review the Peer Payment invoice against your records and confirm that all the payments tagged to you are in fact correct. If you think that something is missing, let us know (money@minetxc.com); however, it is possible that if they were a late addition in the previous week, we didn't get around to activating the new Miner account and you won't see it until the following week.
6) Once the total amount is verified, you may deduct any approved costs or expenses against the total amount due.
7) The remaining balance is due and payable in full by Wednesday. We exclusively accept payment in USDC, USDT and TXC.
We really appreciate your assistance in helping us onboard new Miners. However, remember to encourage new Miners to become familiar with crypto onramp and offramp basics, as they're likely to earn Rapid Rewards commission in the future that will be paid out exclusively in USDC.