GoSolar Mining provides no information on its website about who owns or runs the company.

According to the company’s “about us” page on its website,

GoSolar Mining expanded its financing to individual clients since 2017.

GoSolar Mining’s website domain wasn’t privately registered until November 2018. The scheme itself appears to have only launched in late 2019.

GoSolar Mining provides a corporate address in Gibraltar on their website.

Further research reveals this address belongs to virtual office merchant Regus.

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.

GoSolar Mining’s Products

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

GoSolar Mining’s Compensation Plan

GoSolar Mining affiliates invest funds on the promise of advertised returns.

Benjamin Franklin Plans

  • invest $200 to $999 and receive 15% a month for three months
  • invest $1000 to $4999 and receive 20% a month for six months
  • invest $5000 to $9999 and receive 21% a month for six months
  • invest $10,000 to $14,999 and receive 22% a month for six months
  • invest $15,000 to $19,999 and receive 23% a month for six months
  • invest $20,000 to $24,999 and receive 24% a month for six months
  • invest $25,000 or more and receive 25% a month for six months

Thomas Edison Plans

  • invest $200 to $999 and receive 30% a month for three months
  • invest $1000 to $4999 and receive 35% a month for three months
  • invest $5000 to $9999 and receive 36% a month for three months
  • invest $10,000 to $14,999 and receive 37% a month for three months
  • invest $15,000 to $19,999 and receive 38% a month for three months
  • invest $20,000 to $24,999 and receive 39% a month for three months
  • invest $25,000 or more and receive 40% a month for three months

Nikola Tesla Plans

  • invest $200 to $999 and receive 45% a month for three months
  • invest $1000 to $4999 and receive 50% a month for six months
  • invest $5000 to $9999 and receive 52% a month for six months
  • invest $10,000 to $14,999 and receive 54% a month for six months
  • invest $15,000 to $19,999 and receive 56% a month for six months
  • invest $20,000 to $24,999 and receive 58% a month for six months
  • invest $25,000 or more and receive 60% a month for six months

Referral Commissions

GoSolar Mining pays referral 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.

GoSolar Mining caps payable unilevel team levels at four.

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

  • Benjamin Franklin Plan investment pays 15% on level 1 (personally recruited affiliates) and 10% on level 2
  • Thomas Edison Plan investment pays 15% on level 1, 10% on level 2 and 5% on level 3
  • Nikola Tesla Plan investment pays 20% on level 1, 15% on level 2, 10% on level 3 and 5% on level 4

Joining GoSolar Mining

GoSolar Mining affiliate membership is free.

Participation in the attached income opportunity however requires a minimum $200 investment.

Conclusion

GoSolar Mining claims to generate external revenue via solar powered cryptocurrency mining.

By harvesting the power of the Sun and using it for our mining farms, we are committing to ecological preservation and promotion of renewable energy sources!

There is no evidence that GoSolar Mining is engaged in cryptocurrency mining. Nor is there any other verifiable source of external ROI revenue.

The only verifiable source of revenue entering GoSolar Mining is new investment.

Using new investment to pay existing affiliates a monthly return makes GoSolar Mining a Ponzi scheme.

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

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

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