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

Ark Mining’s website domain (“arkmining.com”), was first registered in 2017. The private registration was last updated on February 24th, 2024.

Through the Wayback Machine we can see that Ark Mining’s website domain was parked up until the current website went live in late February.

From this we can ascertain Ark Mining’s owner(s) purchased the domain on or around February 2024.

Despite this, on its website Ark Mining falsely claims it was “founded in 2017”.

Of note is Ark Mining having already attracted the attention of financial regulators. Ukraine’s National Securities and Stock Market Commission added Ark Mining to its securities fraud warning list last month.

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.

Ark Mining’s Products

Ark Mining has no retailable products or services.

Affiliates are only able to market Ark Mining affiliate membership itself.

Ark Mining’s Compensation Plan

Ark Mining affiliates invest USD equivalents in cryptocurrency.

This is done on the promise of advertised passive returns:

  • Free Bitcoin Mining (note, not actually free) – invest $50 and receive $51 in 24 hours
  • Bitcoin Experience Project – invest $200 and receive $25 in 24 hours
  • Litecoin Miner L3 – invest $600 and receive $629.70 over 3 days
  • Bitcoin Minter S21 Hyd – invest $1200 and receive $1308 over 5 days
  • BTC Miner S21 Pro – invest $3000 and receive $3198 over 3 days
  • Bitcoin Miner S21 – invest $3600 and receive $4010.40 over 6 days
  • BTC Miner L9 – invest $6500 and receive $7007 over 3 days
  • Bitcoin Miner S21 Hyd – invest $8000 and receive $9280 over 8 days
  • BTC Minter KS3 – invest $12,800 and receive $13,875.20 over 3 days
  • KAS Minser KS3 – invest $16,800 and receive $20,664 over 10 days
  • Antspace HK3 Miner+ – invest $30,800 and receive $42,812 over 15 days
  • Antspace HK3 Miner Pro – invest $60,800 and receive $94,848 over 20 days

Ark Miner pays referral commissions on invested cryptocurrency down two levels of recruitment:

  • level 1 (personally recruited affiliates) – 3.5%
  • level 2 – 1.5%

Joining Ark Mining

Ark Mining affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $50 investment.

Ark Mining solicits investment in various cryptocurrencies.

Ark Mining Conclusion

Despite only existing for a few months, Ark Mining falsely claims it is “one of the first companies to provide cloud mining services.”

After years of development, we now have five mining farms around the world with members in more than 195 countries/regions, and we are trusted by over 650,000 users worldwide.

The ruse behind Ark Mining’s passive returns investment scheme is cryptocurrency cloud mining.

Ark Mining fails to provide verifiable evidence it generates any revenue through cryptocurrency cloud mining.

Furthermore, Ark Mining’s business model fails the Ponzi logic test.

If Ark Mining is already able to legitimately turn $60,800 into $94,848 every 20 days, what do they need your money for?

As it stands, the only verifiable source of revenue entering Ark Mining is new investment.

Using new investment to pay ROI withdrawals would make Ark Mining a Ponzi scheme. With nothing marketed or sold to retail customers, the MLM side of Ark Mining operates as a pyramid scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Ark Mining of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.