Hut 8 Mining fails to provide ownership or executive information on its website.

Hut 8 Mining’s website domain (“hut8-mining.org”), was registered with bogus details on November 21st, 2024.

Of note is Hut 8 Mining’s website domain being registered through the Chinese registrar Alibaba (Singapore).

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Hut 8 Mining’s Products

Hut 8 Mining has no retailable products or services.

Affiliates are only able to market Hut 8 Mining affiliate membership itself.

Hut 8 Mining’s Compensation Plan

Hut 8 Mining affiliates invest tether (USDT). This is done on the promise of advertised returns:

  • invest 15 USDT and receive 12% a day
  • invest 80 USDT and receive 13% a day
  • invest 180 USDT and receive 14.5% a day
  • invest 560 USDT and receive 16% a day
  • invest 1350 USDT and receive 18% a day
  • invest 4500 USDT and receive 20% a day
  • invest 18,000 USDT and receive 23% a day
  • invest 43,800 USDT and receive 26% a day

The MLM side of Hut 8 Mining pays on recruitment of affiliate investors.

Referral Commissions

Hut 8 Mining pays referral commissions on invested USDT down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 12%
  • level 2 – 2%
  • level 3 – 1%

Downline Investment Bonus

Hut 8 Mining rewards affiliates for generating downline investment over a 24-hour period:

  • generate 2000 USDT in downline investment and receive 50 USDT
  • generate 5000 USDT in downline investment and receive 150 USDT
  • generate 10,000 USDT in downline investment and receive 350 USDT
  • generate 20,000 USDT in downline investment and receive 800 USDT
  • generate 40,000 USDT in downline investment and receive 2000 USDT
  • generate 50,000 or more USDT in downline investment and receive 6% of the amount invested

Joining Hut 8 Mining

Hut 8 Mining affiliate membership is free.

Full participation in the attached income opportunity requires a minimum  USDT investment.

Hut 8 Mining Conclusion

Hut 8 Mining is yet another “click a button” app Ponzi scheme.

Hut 8 Mining misappropriates the name and branding of the Hut 8, a crypto mining firm based out of Florida in the US.

Needless to say Hut 8 Mining has nothing to do with Hut 8.

Tying into its stolen identity, Hut 8 Mining’s “click a button” Ponzi ruse is crypto mining:

The presented ruse is Hut 8 Mining affiliates purchase a virtual mining machine. They then log in and click a button to receive mining revenue (the more invested the more buttons have to be clicked).

Hut 8 Mining’s cloud mining operations purportedly generate revenue, which is then shared with affiliates.

If that makes no sense it’s because it doesn’t. If Hut 8 Mining already has crypto mining operations set up, what do they need your money for?

In reality clicking a button in Hut 8 Mining’s app does nothing. All Hut 8 Mining does is recycle newly invested funds to pay earlier investors.

Hut 8 Mining is part of a group of “click a button” app Ponzis that emerged in late 2021.

Examples of already collapsed “click a button” app Ponzis using the stolen identity ruse are Vibra VIP, Agility VIP and Devon Oil. Crypto mining examples include SpaceMiner, FiroCloud and Sky TRX.

Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing

“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).

As part of a collapse, “click a button” Ponzi scammers often initiate recovery scams. This sees the scammers demand investors pay a fee to access funds and/or re enable withdrawals.

If any payments are made withdrawals remain disabled or the scammers cease communication.

Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.

In September 2024, the US Department of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese human trafficking scam factories.

Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.

Regardless of which country they operate from, the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.