Stronghold Digital Review: Cloud mining “click a button” Ponzi
Stronghold Digital fails to provide ownership or executive information on its website.
Stronghold Digital’s website domain (“strongholddigital.net”), was privately registered on June 17th, 2023.
If we look at the source-code of Stronghold Digital’s website, we find that localization is set to Chinese:
This strongly suggests whoever is running Stronghold Digital has ties to China.
Note that while it is being run by people with ties to China, Stronghold Digital is targeting Europe.
SimilarWeb currently tracks top sources of traffic to Stronghold Digital’s website as Russia (44%), Romania (31%) and Bulgaria (12%).
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.
Stronghold Digital’s Products
Stronghold Digital has no retailable products or services.
Affiliates are only able to market Stronghold Digital affiliate membership itself.
Stronghold Digital’s Compensation Plan
Stronghold Digital affiliates invest tether (USDT).
This is done on the promise of advertised returns:
- Mining-A01 – invest 10 USDT and receive 0.01667 USDT an hour
- Mining-A02 – invest 50 USDT and receive 0.08333 USDT an hour
- Mining-A03 – invest 100 USDT and receive 0.16667 USDT an hour
- Mining-B04 – invest 200 USDT and receive 0.33333 USDT an hour
- Mining-B05 – invest 500 USDT and receive 1.04167 USDT an hour
- Mining-C06 – invest 1000 USDT and receive 2.08333 USDT an hour
- Mining-C07 – invest 2000 USDT and receive 4.16667 USDT an hour
Stronghold Digital pays referral commissions on invested tether down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 7%
- level 3 – 5%
Joining Stronghold Digital
Stronghold Digital affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 USDT investment.
Stronghold Digital Conclusion
Stronghold Digital is yet another “click a button” app Ponzi scheme.
Stronghold Digital’s “click a button” Ponzi ruse is cloud mining:
The presented ruse is Stronghold Digital affiliates log in and click a button to receive mining revenue (the more invested the more buttons have to be clicked).
Stronghold Digital’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 Stronghold Digital already has crypto mining operations set up, what do they need your money for?
In reality clicking a button within Stronghold Digital does nothing. All Stronghold Digital does is recycle newly invested funds to pay earlier investors.
Stronghold Digital is part of a group of “click a button” app Ponzis that emerged in late 2021.
Including Stronghold Digital, BehindMLM has thus far documented eighty-four “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.