MAR Mining Review: Cloud mining ruse MLM crypto Ponzi
MAR Mining fails to provide ownership or executive information on its website.
MAR Mining’s website domain (“marmining.com”), was first registered in 2018. The private registration was last updated on March 15th, 2024.
In an attempt to appear legitimate, MAR Mining provides an incorporation certificate for “Cryptocurrency International Limited” on its website.
Cryptocurrency International Limited was incorporated in the UK in 2018.
Predating it by six years, Cryptocurrency International Limited obviously has nothing to do with MAR Mining.
BehindMLM came across MAR Mining as part of our research into Cryptocurrency Enthusiasts.
It appears the same anonymous Chinese admins are behind both scams.
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.
MAR Mining’s Products
MAR Mining has no retailable products or services.
Affiliates are only able to market MAR Mining affiliate membership itself.
MAR Mining’s Compensation Plan
MAR Mining affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised passive returns:
- invest $12 and receive 60 cents over 24 hours
- invest $100 and receive $3.20 daily for 3 days
- invest $500 and receive $6.25 daily for 7 days
- invest $1500 and receive $20.10 daily for 10 days
- invest $3000 and receive $43.80 daily for 16 days
- invest $5000 and receive $78 daily for 31 days
- invest $7500 and receive $121.50 daily for 45 days
- invest $10,000 and receive $174 daily for 57 days
- invest $30,000 and receive $543 daily for 55 days
- invest $100,000 and receive $1890 daily for 50 days
- invest $300,000 and receive $5910 daily for 50 days
- invest $500,000 and receive $10,000 daily for 50 days
The MLM side of MAR Mining pays on recruitment of affiliate investors.
Referral Commissions
MAR Mining pays referral commissions on invested cryptocurrency down two levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 3%
- level 2 – 1.5%
Recruitment Bonuses
MAR Mining rewards affiliates for recruiting investors with the following bonuses:
- recruit and maintain ten affiliate investors and receive $600
- recruit and maintain thirty affiliate investors and receive $1600
- recruit and maintain fifty affiliate investors and receive $5500
- recruit and maintain one hundred affiliate investors and receive $10,500
- recruit and maintain two hundred affiliate investors and receive $21,000
Joining MAR Mining
MAR Mining affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $12 investment.
MAR Mining solicits investment in various cryptocurrencies.
MAR Mining Conclusion
MAR Mining represents it generates external revenu via cloud mining:
MAR Mining fails to provide verifiable evidence it generates external revenue of any kind.
Furthermore, MAR Mining’s business model fails the Ponzi logic test.
If MAR Mining is able to generate $10,000 a day on autopilot, what do they need your money for? And why is MAR Mining providing access to such returns to randoms on the internet for free?
As it stands, the only verifiable source of revenue entering MAR Mining is new investment.
Using new investment to pay ROI withdrawals would make MAR Mining a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve MAR Mining of ROI withdrawal revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.