Looking for a World Mining Review? You’re in the right place. Today we are looking at World Mining and we are going to share our full review. If you’re wondering whether it is legit cryptocurrency mining or a huge scam keep reading as we will reveal everything. Also we are not an affiliates so you can expect and honest review and not just another sales pitch like other reviews do!
World Mining Review
world-mining.net, the website domain was privately registered on October 23rd, 2017.
World Mining cites to be a British company that is based on the October 25th incorporation of “World Mining LTD”.
The London address that incorporates World Mining in reality belongs to UK Packaging, an unrelated business.
The sole Director of World Mining LTD is listed as Philip Johnson. He is credited as the company’s CEO on the World Mining website.
It is a generic name and no information about Johnson in relation to World Mining outside of the incorporation is available.
Apparently, the World Mining’s “Philip Johnson” doesn’t exist.
Stock images have been used to represent World Mining’s executive team on their website.
In addition to Philip Johnson, none of the powerful team of professionals, experts in their field World Mining cites to have actually existed.
If an MLM company does not reveal who is running or owns it, think twice before joining and/or investing any money.
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Products
There are no retailable products or services offered by World Mining. The affiliates are only able to market the affiliate membership of World Mining itself.
The Compensation Plan
The affiliates of World Mining invest funds on the promise of an advertised daily ROI:
- Server S1 : invest $15 to $2025 to get a 324% ROI after 360 days
- Server S2 : invest $150 to $7500 to get a 348% ROI after 360 days
- Server S3 : invest $900 to $15,000 to get a 289% ROI after 280 days
- Server S4 : invest $4500 to $150,000 to get a 329% ROI after 290 days
- Server S5 : invest $30,000 to $300,000 to get a 390% ROI after 300 days
The referral commissions are paid by World Mining through a unilevel compensation structure.
An affiliate is placed at the top of a unilevel team by a unilevel compensation structure. Every personally recruited affiliate is placed directly under them (level 1).
When any level 1 affiliate recruits new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
When any level 2 affiliate recruits new affiliates, they are placed on level 3 and so on down a theoretical infinite number of levels.
The payable unilevel levels are capped by World Mining at 9. The commissions are paid out as a percentage of funds invested across these 9 levels:
- level 1 (personally recruited affiliates) : 5%
- level 2 : 2%
- levels 3 and 4 : 1%
- levels 5 to 9 : 0.5%
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Membership
The affiliate membership is free. However, free affiliates can only earn referral commissions.
To fully participate in the World Mining income opportunity you will need a minimum of a $15 investment.
Winding Up
The trick behind World Mining’s daily ROI payouts is cryptocurrency mining. The company cites to own one of the most powerful industrial and private facilities for a successful and productive mining.
Of course, no evidence of any such facility is provided.
Besides, World Mining’s business model does not make sense.
As per the World Mining website, the company has been with cryptocurrency for several years. They offer their members very beneficial and profitable conditions for development.
Leaving aside the fact that World Mining was non-existent until October, 2017, if the anonymous owner(s) of the company have been producing yearly ROIs upwards of 300% for several years, they won’t be soliciting investment from randoms over the internet.
The truth behind World Mining is that, everything about the company is bogus from company management, its mining facilities to even its business model.
New affiliate investment is the only verifiable source of revenue entering World Mining is. Using it to pay existing affiliates a fixed ROI makes it a Ponzi scheme.
Like all Ponzi schemes, once the recruitment of new affiliate slows down so too will newly invested funds.
It will starve World Mining of ROI revenue, eventually prompting a collapse.
The arithmetic behind Ponzi schemes guarantees that when they collapse, the most of investors lose money.
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