Looking for a complete unbiased Power Mining Pool review? We put this special post together to help you decided if this company is legit or just another scam! We are here to give you an unbiased opinion about Power Mining Pool Review. Please read on for a full review below.
Power Mining Pool Review
The Power Mining Pool headed by Andrew and Mike Conti work in the MLM niche of cryptocurrency.
The website of Power Mining Pool is hosted in France. As estimated by Alexa, the UK is the largest source of traffic (54%) to the Power Mining Website at the time of publication.
No details have been provided apart from the information that Andrew and Conti are brothers who are based out of Europe.
Conti and Andrew are represented by cartoon avatars on the Power Mining Website. There is no MLM history about the company and thus it can be flagged as highly suspicious.
If any MLM company is not open about the ownership, think many times before joining and investing any money in it.
Products of Power Mining Pool
There are no retail products or services of Power Mining Pool. The affiliates market only the affiliate membership of Power Mining Pool.
The Compensation Plan
An investment of €50 is made by the affiliates of Power Mining Pool. It promises an advertised €70 ROI.
The Power Mining Pool funds invested by the recruited affiliates are available as referral commissions. The referral commissions are paid out through a unilevel compensation structure.
An affiliate is put at the top of a unilevel team by the unilevel compensation structure. The directly recruited affiliate is put directly under them at level 1.
If fresh affiliates are recruited by any level 1 affiliate, they are put on level 2 of the original affiliate’s unilevel team in Power Mining Pool.
If fresh affiliates are recruited by any level 2 affiliate, they are put on level 3 and so on down an infinite number of levels.
Payable unilevel levels are capped at 10 by Power Mining Pool. The commissions are paid out as a percentage of funds invested across the 10 levels.
- Level 1 (personally employed affiliates: 10%
- Level 2: 5%
- Level 3: 4%
- Level 4: 3%
- Level 5: 2%
- Level 6 – 10: 1%
Rank achievement Bonus
Power Mining Pool compensation plan offers 10 ranks.
After qualifying the Jade and higher ranks, a Rank Achievement is paid once as follows:
- Member (sign up as an affiliate of power Mining Pool) : No Rank Achievement Bonus
- Associate (make an investment of minimum €1000) : No Rank Achievement Bonus
- Jade (make an investment of minimum €2500 and employ minimum 3 Associate ranked affiliates): €250 Rank Achievement Bonus
- Pearl (make an investment of minimum €5000 and employ minimum 3 Jade ranked affiliates): €500 Rank Achievement Bonus
- Sapphire (make an investment of minimum €12,500 and employ minimum 3 Pearl ranked affiliates): €1000 Rank Achievement Bonus
- Ruby (make an investment of minimum €25,000 and employ minimum 3 Sapphire affiliates with a total of minimum 5 Sapphires in the downline): €2000 Rank Achievement Bonus
- Emerald (make an investment of minimum €3500 and employ minimum 3 Ruby affiliates with a total of minimum 5 Rubys in the downline): €3500 Rank Achievement Bonus
- Diamond (make an investment of minimum €50,000 and employ minimum 3 Emerald affiliates with a total of minimum 5 Emeralds in the downline): €5000 Rank Achievement Bonus
- President (make an investment of minimum €62,500 and employ minimum 3 Diamond affiliates with a total of minimum 5 Diamondss in the downline): €7500 Rank Achievement Bonus
- President Millionare (make an investment of minimum €75,000 and employ minimum 3 President affiliates with a total of minimum 5 Presidents in the downline): €10,000 Rank Achievement Bonus
Check Match Bonus
Ruby and higher ranking affiliates of Power Mining Pool get a Check Match Bonus on referral commissions earned by personally employed affiliates.
- Ruby affiliate: earns a 3% Check Match Bonus
- Emerald affiliate: earns a 4% Check Match Bonus
- Diamond affiliate: earns a 5% Check Match Bonus
- President affiliate: earns a 10% Check Match Bonus
- President Millionaire affiliate: earns a 20% Check Match Bonus
Membership Plan of Power Mining Pool
It is free to join Power Mining Pool.
However, in order to take part in the attached income opportunity, it costs €99 and an investment of minimum €50.
Cryptocurrency trading is the trick behind the €70 ROI of Power Mining Pool.
In the backoffice of Power Mining Pool, it is given out that the company makes revenue via altcoin mining and currency exchange.
Altcoins allegedly mined by Power Mining Pool comprise of Ethereum, Burst, GameCredits, Dash, Lota, Nem and Monero.
There is no proof of any cryptocurrency mining or trading taking place provided by Power Mining Pool.
The business model of the Power Mining Pool itself is senseless. If Andrew and Mike were really able to legitimately make steady trading volume enough to pay the affiliates and help the compensation plan of MLM, they won’t be splitting it with random people over the internet.
Affiliate investment is the only verifiable source of revenue going into Power Mining Pool. The use of affiliate investment to pay the ROIs to affiliates makes Power Mining Pool a ponzi scheme.
When the affiliate employment and investments stop, Power Mining Pool will be left with no money to pay the ROI. It will eventually collapse.
Calculations guarantee that, in a ponzi scheme, in order for a few to amass money, most of the investors must lose it.
Aaron and Shara What Do You Suggest?
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