DemixMine Review: 5% a day through cryptocurrency pool mining?
DemixMine provide no information on their website about who owns or runs the business.
The DemixMine website domain (“demixmine.com”) was privately registered on March 12th, 2017.
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.
DemixMine has no retailable products or services, with affiliates only able to market DemixMine affiliate membership itself.
The DemixMine Compensation Plan
DemixMine affiliates invest money on the promise of an advertised daily ROI:
- invest $1 to $10 and receive 3% a day
- invest $11 to $100 and receive 3.5% a day
- invest $101 to $1000 and receive 4% a day
- invest $1001 to $10,000 and receive 4.5% a day
- invest $10,001 to $100,000 and receive 5% a day
Referral commissions are paid on invested funds down two levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 12% plus a 10 cent bonus when they sign up
- level 2 – 5%
DemixMine affiliate membership is free, however affiliates must invest $1 to $100,000 to participate in the attached income opportunity.
The ruse behind DemixMine’s daily ROI payouts is cryptocurrency cloud mining.
DemixMine offers cloud mining services, guaranteeing investment safety conditions and instant payments.
The company represents a method of dividing mining power between multiple cryptocurrencies.
This system allows you to simultaneously mine the most popular cryptocurrency such as Bitcoin, Litecoin, Dogecoin, Ethereum and Dash.
In reality cryptocurrency mining of any kind cannot provide consistent fixed daily ROIs.
The model also fails the Ponzi logic test. If the anonymous owner(s) of DemixMine were able to legitimately generate a consistent daily ROI of 5% or more (1825% annually), why would they be soliciting investment from randoms over the internet?
These two points inadvertently explain why DemixMine provide no proof whatsoever of any cryptocurrency mining taking place.
That leaves affiliate investment the only verifiable source of revenue entering the company, the use of which to pay a daily ROI makes DemixMine a Ponzi scheme.
As with all Ponzi schemes, once affiliate recruitment drops off so too will new funds entering the system. This will starve DemixMine of ROI revenue, eventually prompting a collapse.
This inevitable collapse is mathematically guaranteed to occur before the majority of DemixMine affiliates withdraw over 100% of funds invested. The end-result being widespread DemixMine investor losses.
Good luck getting your money back from persons unknown operating from who knows where.