Life Miner has four known website domains:

  • lifeminer.tech (main website), privately registered March 5th, 2023
  • lifeminer.io (affiliate backoffice), privately registered September 19th, 2023
  • lifeminer.app (affiliate backoffice), privately registered September 19th, 2023
  • mpytoken.app (currently only used for website asset CDN), privately registered April 14th, 2023

On its main website and YouTube channel, Life Miner presents “Jairo Bonicontro” is its CEO.

Bonicontro is a prime Boris CEO candidate but does appear to be using his real name.

Bonicontro appears to be based out of Paraguay. This fits with Life Miner representing it is based out of Paraguay.

Other than registration of a shell company and hiring locals to appear in marketing videos, Life Miner doesn’t appear to have any actual ties to Paraguay.

The Wayback Machine cached Life Miner’s website in mid 2023. At the time the site was presented in Portuguese. There are also Portuguese words in Life Miner’s website source-code.

This is odd because the two most common languages in Paraguay are Spanish and Guarani.

Note that there was no mention of Bonicontro on Life Miner’s website at this time. He appears to have been added sometime thereafter.

Something else odd is two of Life Miner’s websites being registered through a Spanish registrar. While we can’t see full registration details, one domain country is set to CN (China) and the other BR (Brazil).

This could just be bogus registration data but, within the context of everything else, is worth noting.

Finally we have SimilarWeb traffic analysis for each of Life Miner’s websites:

  • lifeminer.tech – 31% from Italy, 31% from Poland, 20% from Brazil and 11% from Bangladesh
  • lifeminer.io – 39% from the Dominican Republic, 19% from the UK, 13% from the US, 9% from the Italy and 9% from Poland
  • lifeminer.app – 45% from Italy, 44% from Poland and 11% from Brazil
  • mpytoken.app – not enough traffic to measure

I’m tempted to say Life Miner is being run by Brazilian scammers but can’t say for sure.

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.

Life Miner’s Products

Life Miner has no retailable products or services.

Affiliates are only able to market Life Miner affiliate membership itself.

Life Miner’s Compensation Plan

Life Miner affiliates invest $50 to $10,000 USD equivalents in tether (USDT). This is done on the promise of up to 0.4% a day.

Life Miner’s passive returns are capped at 200%, which includes MLM commissions and bonuses. If a Life Miner affiliate generates $1000 in total downline volume, this cap is lifted to 500%.

Once either cap is reached, reinvestment is required to continue earning.

The MLM side of Life Miner pays on recruitment of affiliate investors.

Life Miner Affiliate Ranks

There are seven affiliate ranks within Life Miner’s compensation plan.

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

  • M1 – invest $1000 and generate $50,000 in total downline investment volume
  • M2 – invest $3000, recruit two M1 or higher ranked affiliates and generate $100,000 in total downline investment volume
  • M3 – invest $5000, recruit two M2 or higher ranked affiliates and generate $200,000 in total downline investment volume
  • M4 – invest $10,000, recruit two M3 or higher ranked affiliates and generate $400,000 in total downline investment volume
  • M5 – invest $20,000, recruit two M4 or higher ranked affiliates and generate $800,000 in total downline investment volume
  • M6 – invest $30,000, recruit two M5 or higher ranked affiliates and generate $1,600,000 in total downline investment volume
  • M7 – invest $50,000, recruit two M6 or higher ranked affiliates and generate $3,200,000 in total downline investment volume

ROI Match

Life Miner pays a ROI match 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.

Life Miner caps the ROI match at twenty unilevel team levels.

How many levels a Life Miner affiliate receives the match on is determined by their own investment and recruitment efforts:

  • invest $50 and receive a 100% match on level 1 (personally recruited affiliates)
  • maintain a $50 investment, recruit two affiliates who invest at least $100 each and receive a 100% match on level 1 and 50% on level 2
  • invest $100, recruit three affiliates who invest at least $100 each and receive a 100% match on level 1, 50% on level 2 and 10% on level 3
  • maintain a $100 investment, recruit four affiliates who invest at least $100 each and receive a 100% match on level 1, 50% on level 2 and 10% on levels 3 and 4
  • invest $200, recruit five affiliates who invest at least $100 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4 and 5% on level 5
  • maintain a $200 investment, recruit six affiliates who invest at least $100 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4 and 5% on levels 5 and 6
  • invest $300, recruit seven affiliates who invest at least $100 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6 and 3% on level 7
  • maintain a $300 investment, recruit eight affiliates who invest at least $100 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6 and 3% on levels 7 and 8
  • invest $500, recruit nine affiliates who invest at least $100 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8 and 2% on level 9
  • maintain a $500 investment, recruit ten affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8 and 2% on levels 9 and 10
  • invest $1000, recruit eleven affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10 and 1.5% on level 11
  • maintain a $1000 investment, recruit twelve affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10 and 1.5% on levels 11 and 12
  • maintain a $1000 investment, recruit thirteen affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10 and 1.5% on levels 11 to 13
  • invest $2000, recruit fourteen affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10 and 1.5% on levels 11 to 14
  • maintain a $2000 investment, recruit fifteen affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10 and 1.5% on levels 11 to 15
  • maintain a $2000 investment, recruit sixteen affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10, 1.5% on levels 11 to 15 and 0.5% on level 16
  • invest $5000, recruit seventeen affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10, 1.5% on levels 11 to 15 and 0.5% on levels 16 and 17
  • maintain a $5000 investment, recruit eighteen affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10, 1.5% on levels 11 to 15 and 0.5% on levels 16 to 18
  • invest $10,000, recruit nineteen affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10, 1.5% on levels 11 to 15 and 0.5% on levels 16 to 19
  • maintain a $10,000 investment, recruit twenty affiliates who invest at least $300 each and receive a 100% match on level 1, 50% on level 2, 10% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8, 2% on levels 9 and 10, 1.5% on levels 11 to 15 and 0.5% on levels 16 to 20

Leadership Bonus

The Leadership Bonus is a flat 35% match on returns paid across the unilevel team.

Life Miner affiliates qualify for the Leadership Bonus based on rank:

  • M1 ranked affiliates receive a 5% Leadership Bonus
  • M2 ranked affiliates receive a 10% Leadership Bonus
  • M3 ranked affiliates receive a 15% Leadership Bonus
  • M4 ranked affiliates receive a 20% Leadership Bonus
  • M5 ranked affiliates receive a 25% Leadership Bonus
  • M6 ranked affiliates receive a 30% Leadership Bonus
  • M7 ranked affiliates receive a 35% Leadership Bonus

Note that the Leadership Bonus is coded. Higher ranked affiliates receive the difference between their rank and lower ranked affiliates in the unilevel team.

Note that no Leadership Bonus is earned on M7 ranked affiliates in the unilevel team.

Joining Life Miner

Life Miner affiliate membership is free.

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

Life Miner Conclusion

Life Miner represents it generates external revenue via crypto mining operations in Paraguay.

Other than staged marketing videos, which aren’t proof of anything, no verifiable evidence of Life Miner generating crypto mining revenue is provided.

On the regulatory front Life Miner’s passive returns constitute a securities offering. This requires Life Miner to register with financial regulators in each country it solicits investment in.

Life Miner fails to provide evidence it has registered with financial regulatory in any jurisdiction. This means that at a minimum Life Miner is committing securities fraud and operating illegally.

As it stands the only verifiable source of revenue entering Life Miner is new investment.

Using new investment to pay returns would make Life Miner a Ponzi scheme.

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

This will starve Life Miner of ROI revenue, eventually prompting a collapse.

Preceding Life Miner’s collapse will likely be a MPY token exit-scam.

As per Life Miner’s marketing above, MPY is a BEP-20 shit token. BEP-20 tokens can be created in a few minutes at little to no cost.

Watch for withdrawals switching over to MPY tokens at some point. Or Life Miner could just pull the usual “withdrawals disabled because (insert cliche excuse)” route.

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