Dunamis Mining provides no information on its website about who owns or runs the business.

The Dunamis Mining website domain (“dunamismining.com”) was privately registered on October 26th, 2018.

Further research reveals Dunamis Mining affiliates naming Jeremie Sowerby (right) as CEO of the company.

According to Sowerby’s personal Facebook profile, he’s based out of Ontario, Canada.

Despite this, Dunamis Mining represents that it is an Arizona Limited Liability Company.

A search of the Arizona Corporation Commission does reveal an entry for Dunamis Mining LLC, however it as has been inactive since January 17th, 2019.

The stated reason for Dunamis Mining LLC’s inactive status is “incomplete formation”.

As such, outside of a non-active US shell company, Dunamis Mining doesn’t appear to have any registered business operations in the US.

Owing to Jeremie Sowerby being based out of Canada, it is assumed Dunamis Mining is also being operated out of Canada.

In 2017, Jeremie Sowerby was promoting My Trader Coin.

My Trader Coin touted $550 day returns through cryptocurrency trading. In reality it was a Ponzi scheme and collapsed around six months after launch.

Prior to getting involved in cryptocurrency scams, Sowerby was a Kyani affiliate through Team Fusion.

Read on for a full review of the Dunamis Mining MLM opportunity.

Dunamis Mining Products

Dunamis Mining has no retailable products or services, with affiliates only able to market Dunamis Mining affiliate membership itself.

The Dunamis Mining Compensation Plan

Dunamis Mining affiliates invest funds on the promise of a daily passive return.

  • invest $1400 and receive a daily ROI for one year
  • invest $3200 and receive a daily ROI for three years
  • invest $4200 and receive a daily ROI for five years

Additional electricity fees are also charged after one, three and six months respectively.

The MLM side of Dunamis Mining pays affiliates who have invested to recruit others who do the same.

All returns and commissions in Dunamis Mining are paid out in bitcoin.

Dunamis Mining Affiliate Ranks

There are twelve affiliate ranks within the Dunamis Mining compensation plan.

Along with their respective qualification criteria, they are as follows:

  • Affiliate – sign up as a Dunamis Mining affiliate and invest
  • Prospector – generate 10,000 GV in downline investment volume
  • Bronze – generate 25,000 GV in downline investment volume
  • Silver – generate 50,000 GV in downline investment volume
  • Gold – generate 100,000 GV in downline investment volume
  • Platinum – generate 200,000 GV in downline investment volume
  • Titanium – generate 300,000 GV in downline investment volume
  • Executive – generate 500,000 GV in downline investment volume
  • Director – generate 1,000,000 GV in downline investment volume
  • Vice President – generate 2,500,000 GV in downline investment volume
  • Senior Vice President – generate 5,000,000 GV in downline investment volume
  • Chairman – invest 10,000,000 GV in downline investment volume

GV stands for “Group Volume” and is sales volume generated via investment of directly and indirectly recruited affiliates (collectively referred to as a downline).

Note that the Dunamis Mining compensation plan doesn’t disclose corresponding GV to invested funds.

Recruitment Commissions

Dunamis Mining pays recruitment commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Dunamis Mining cap payable recruitment commissions down four unilevel team levels.

Recruitment commissions are paid out as a percentage of funds invested across these four levels as follows:

  • level 1 (personally recruited affiliates) – 15%
  • levels 2 to 4 – 1%

Residual Commissions

Dunamis Mining pays residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

Investment volume is tallied up on both sides of the binary team.

Dunamis Mining affiliates are paid a percentage of funds generated on their weaker binary team side.

How much of a residual commission percentage is paid out is determined by how much a Dunamis Mining affiliate has invested:

  • invest $1400 and get paid a 10% residual commission rate
  • invest $3200 and get paid a 12% residual commission rate
  • invest $4200 and get paid a 15% residual commission rate

Note that Dunamis Mining’s compensation plan doesn’t state whether residual commissions are paid out daily, weekly or monthly.

Matching Bonus

Dunamis Mining affiliates are paid a 5% Matching Bonus on “total earnings” paid to personally recruited affiliates.

Enrollment Bonus Pools

Dunamis Mining takes 6% of company-wide investment volume and places it into three separate Enrollment Bonus Pools.

  • Gold and higher ranked affiliates receive a share in one 2% pool
  • Executive and higher ranked affiliates receive a share in two 2% pools
  • VP and higher ranked affiliates receive a share in all three 2% pools

Rank Achievement Bonuses

Starting from the Prospector rank, Dunamis Mining affiliates receive the following Rank Achievement Bonuses upon qualification;

  • qualify as a Prospector = $500
  • qualify as a Bronze = $750
  • qualify as a Silver = $1250
  • qualify as a Gold = a “semi-annual all expenses paid dream trip in the continental US”
  • qualify as a Platinum = $5000
  • qualify as a Titanium = $5000 (not a typo)
  • qualify as an Executive = a “one time all expenses paid island destination luxury vacation”
  • qualify as a Director = a “new Tesla Model 3 luxury vehicle”
  • qualify as a Vice President = a “new Tesla Model S luxury vehicle”
  • qualify as a Senior Vice President = a “new Lincoln Navigator (black label edition)”
  • qualify as a Chairman = a “new Bentley Continental GT (W12 engine)”

Joining Dunamis Mining

Dunamis Mining affiliate membership is tied to a $1400, $3200 or $4200 investment.

The more an affiliate invests the higher their income potential via the Dunamis Mining compensation plan.


By their own admission, Dunamis Ming and their affiliates are marketing a passive investment opportunity:







A MLM company offering a passive investment opportunity constitutes a security, which in the US requires registration with the SEC.

At the time of publication neither Dunamis Mining or Jeremie Sowerby are registered with the SEC.

By not registering with the SEC, Dunamis Mining, Sowerby and promoters of the scheme are committing securities fraud.

At the time of publication, Alexa estimates the US is the only significant source of traffic to the Dunamis Mining website (23%).

Furthermore Dunamis Mining is fraudulently representing it is an Arizona Limited Liability company, and that it is “authorized to conduct business throughout the United States”.

Dunamis Mining, LLC (“Dunamis”) is an Arizona Limited Liability Company that leases “H.C.S.M.S.” space a.k.a (High Capacity Secure Mining Space) and technologies for the sole purpose of mining cryptocurrencies.

Dunamis is authorized to conduct business throughout the United States of America and is in full compliance with all state and federal laws, statutes and regulations.

This is a flat-out lie. The Arizona company is inactive and Dunamis Mining is not registered with the SEC.

Note that even if the Arizona incorporation was active, that still does not authorize Dunamis Mining to offer securities in the US.

There is also no indication Dunamis Mining has registered with securities regulators in any other jurisdiction, meaning the company is operating illegally the world over.

As per Dunamis Mining’s marketing material, the company claims to generate ROI revenue through cryptocurrency mining operations.

Two properties Dunamis Mining claims to own in Arizona are owns are “6760 S. Clementine Ct, Tempe, Az 85283” and an undisclosed location in “Pine Top farm, in Pinetop, AZ”.

Note that these claims alone are not enough to satisfy securities regulations.

Nor are they a substitute for audited accounting, which Dunamis Mining would be required to file if they were registered with the SEC.

The same is true of social media marketing fodder, such as photos of purported mining hardware and/or farms.

Given Dunamis Mining LLC has been inactive in Arizona since January, they’ve had plenty of time to correct the filing and register with the SEC.

In fact this should have been done before investment was solicited from the public.

Instead we have Dunamis Mining soliciting investment illegally, on unsubstantiated promises and lies.

There is only one reason for Jeremie Sowerby to continue to operate Dunamis Mining as a fraudulent operation – and that is that the company isn’t doing what it says it’s doing.

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

Using newly invested funds to pay existing affiliates a daily ROI makes Dunamis Mining a Ponzi scheme.

Commissions paid on downline invested funds also adds a pyramid layer to the scheme.

Pay to play is also evident, with how much an affiliate investing directly impacting MLM commissions paid out.

As with all Ponzi schemes, once affiliate recruitment slows down so too will invested funds.

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

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


Update 16th December 2023 – Dunamis Mining and Dunamis Global Tech owner Jeremie Sowerby has been indicted.