S19antminers fails to provide ownership or executive information on its website.

S19antminers’ website domain (“s19antminers.com”), was registered in August 2023. The private registration was last updated on January 8th, 2024.

In an attempt to appear legitimate, S19antminers provides a UK corporate address and links to the company registration for “Stash Networks Limited”.

Stash Networks Limited was registered in the UK in November 2021. It is unlikely to have anything to do with S19antminers.

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.

S19antminers’ Products

S19antminers has no retailable products or services.

Affiliates are only able to market S19antminers affiliate membership itself.

S19antminers’ Compensation Plan

S19antminers affiliates invest cryptocurrency on the promise of up to 20% a day. Note that elsewhere on S19antminers’ website up to 3% is marketed.

The MLm side of S19antminers pays on recruitment of affiliate investors.

S19antminers Affiliate Ranks

There are five affiliate ranks within S19antminers’ compensation plan.

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

  1. Affiliate – sign up as an S19antminer affiliate
  2. Younker – recruit ten affiliate investors
  3. Chief – recruit twenty affiliate investors
  4. Guru – recruit forty affiliate investors
  5. Sage – recruit sixty affiliate investors

Referral Commissions

S19antminers pays commissions on invested cryptocurrency down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 7%
  • level 2 – 2%
  • level 3 – 1%

Note that for Representative qualified S19antminers affiliates, referral commission rates are increased to:

  • 10% on level 1
  • 3% on level 2
  • 2% on level 3

Specific Representative qualification criteria is not provided.

Rank Achievement Bonus

S19antminers rewards affiliates for qualifying at Younker and higher with the following one-time Rank Achievement Bonuses:

  • qualify at Younker and receive $100
  • qualify at Chief and receive $200
  • qualify at Guru and receive $300
  • qualify at Sage and receive $400

Joining S19antminers

S19antminers affiliate membership is free.

Full participation in the attached income opportunity requires an undisclosed minimum investment in cryptocurrency.

S19antminers Conclusion

What does AI have to do with cryptocurrency mining?

No idea. But S19antminers pitches itself as an “AI-backed mining company”.

At our cryptocurrency cloud mining company, we leverage AI technology to enhance profitability.

No evidence of S19antminers participating in cryptocurrency is provided.

Furthermore, S19antminers’ business model fails the Ponzi logic test.

If S19antminers is already able to generate up to 20% a day through crypto mining, what do they need your money for?

As it stands, the only verifiable source of revenue entering S19antminers is new investment.

Using new investment to pay affiliate withdrawals would make S19antminers a Ponzi scheme.

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

This will starve S19antminers of ROI revenue, eventually prompting a collapse.

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