Farm Mining Review – Legit BitCoin Mining Or Ponzi Scam?
Welcome to my Farm Mining Review!
There has been some buzz about this bitcoin mining business opportunity and I decided to check it out for myself.
Chances are someone approached you about the business and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Find out if this is legit or a scam!
Farm Mining Review – The Company
Farm Mining has no information on the website on who runs or owns the company.
I do know that the Farm Mining’s website “Farm-mining.com” was privately registered on June 2nd, 2019.
They also have a UK certificate for incorporation…
However, that really doesn’t give it any credibility because most scam website can get those no problem.
At the time of this blog post, most of the traffic is coming from Brazil (22%), Iran (12%) and India (11%).
There is a possibility that the real admins of the company are from one of those countries.
Farm Mining Reviews – The Products
Farm Mining has no retail products or services, but you can become an affiliate and promote their membership.
Farm Mining Compensation Plan
Farm Mining members invest bitcoin into the company on a promise they will get a monthly ROI for 360 days:
- Plan A – Invest 0.0005 BTC and receive 0.0006 BTC a month
- Plan B – Invest 0.2 BTC and receive 0.2244 BTC a month
- Plan C – Invest 0.5 BTC and receive 0.612 BTC a month
Farm Mining pay referral commissions when you sponsor new members into the company through a unilevel compensation plan structure.
Farm Mining caps their unilevel at 10 levels deep.
Residuals are paid as a percentage of the funds invested across ten levels:
- Level 1 (personally sponsored affiliates) – 8%
- Level 2 to 5 – 3%
- Level 6 to 10 – 1%
Cost To Join Farm Mining
The membership will run you anywhere between a 0.0005 to 0.5 BTC investment.
Farm Mining Review Video
Farm Mining apparently says they generate “real incomes from 3% to 4% per day” through their “team in Financial Market”.
Then they claim their returns are generated through mining rigs with crypto currency.
Which is it? Lol.
As soon as you’ve set up your account, you can start to mine your first coins using our Bitcoin cloud mining service!
Regardless of their claims, they have no evidence of any of that happening.
Only income source I see is newly invested funds are paying off existing members which makes this more then a ponzi scheme.
Now you know why the admin(s) are hiding lol.
Once this goes under, they will pop up another one…
Anyway, I hope you enjoyed my Farm Mining review and if you have any questions, feel free to ask in the comments below!
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