Jump Mining Review: Crypto mining “click a button” app Ponzi
Jump Mining fails to provide verifiable ownership or executive information on its website.
While Jump Mining does provide a list of executives, they are represented by fake names and stolen profile photos.
Jump Mining’s website domain (“jumpmining.com”), was privately registered on March 6th, 2024.
Jump Mining has already attracted the attention of financial regulators. The Philippine SEC issued a Jump Mining securities fraud warning on June 13th, 2024.
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.
Jump Mining’s Products
Jump Mining has no retailable products or services.
Affiliates are only able to market Jump Mining affiliate membership itself.
Jump Mining’s Compensation Plan
Jump Mining affiliates invest tether (USDT). This is done on the promise of advertised returns:
- BTC Micro Computing – invest 7 USDT and receive 0.7 USDT a day for 20 days
- LTC Mini Computing – invest 29 USDT and receive 1.20 USDT a day for 60 days
- DOGE Pro Computing – invest 49 USDT and receive 2.50 USDT a day for 50 days
- ETH ASIC V1 Computing – invest 89 USDT and receive 3.70 USDT a day for 60 days
- DOGE AI Computing – invest 456 USDT and receive 7 USDT a day for 365 days
- LINK AI Computing – invest 636 USDT and receive 8 USDT a day for 365 days
- ETH AI Computing – invest 902.5 USDT and receive 10.5 USDT a day for 365 days
- BTC AI Computing – invest 1615 USDT and receive 18.50 USDT a day for 365 days
Jump Mining pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 4%
- level 3 – 2%
Joining Jump Mining
Jump Mining affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 7 USDT investment.
Jump Mining Conclusion
Jump Mining is yet another “click a button” app Ponzi scheme.
Jump Mining’s “click a button” Ponzi ruse is crypto mining:
The presented ruse is Jump 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).
Jump 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 Jump Mining already has crypto mining operations set up, what do they need your money for?
In reality clicking a button within Jump Mining does nothing. All Jump Mining does is recycle newly invested funds to pay earlier investors.
Jump 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 same cloud mining ruse include SKP Mine, Stronghold Digital and Dmatrx.
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).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
Update 20th July 2024 – Jump Mining has collapsed. A notice on Jump Mining’s website has announced a ZokoCloud reboot Ponzi.