Power Mining Pool Review – Legit Business or Big Scam? Find Out Here…
Welcome to my Power Mining Pool Review!
Someone I know recently came to me to ask me what I thought about this company.
It turns out I didn’t know much about it, aside from what I’ve heard through word of mouth.
Some have called it a scam….
Others have called it legit…
So there is a lot of different things being said about this one, nonetheless in this blog I am going to put those rumors to rest!
Firstly, hats off to you on doing your research instead of just jumping into something.
I am going to walk you through the company, the products and the compensation plan, so you can make an informed decision when it comes to investing.
Let’s get started!!
Power Mining Pool Review – The Company
Andrew and Mike Conti oversee the company which operates in the cryptocurrency MLM niche.
The company’s website is hosted from France.
The UK accounts for a big 54% of traffic to the company’s website, according to online traffic estimates.
There’s no specific info provided about the brothers, Andrew and Mike Conti, the representatives of the company, other than they are based out in Europe.
The two Conti brothers are represented by cartoon avatars on the company’s website.
I was poking around trying to find any MLM histories on the brothers and I couldn’t find anything.
As I always say, if an MLM company is not open about who’s running the show or who the owner is, definitely think twice before you hand over any money or join the company.
Power Mining Pool Reviews – The Products
The company does not offer any retail products or services.
Affiliates who sign up to Power Mining Pool can only market the affiliate membership.
I did another review that kind of falls into this type of business model a few days ago:
The Power Mining Pool Compensation Plan
Affiliates who want to participate in the company’s compensation plan are required to invest €50 EUR for a promoted €70 EUR ROI (return on investment).
Funds invested by sponsored affiliates are open to a referral commission, which is paid out though a unilevel compensation model.
The unilevel affiliate compensation model puts an affiliate atop the unilevel team, with every personally sponsored affiliate assigned directly under their sponsor, which starts Level 1.
If a Level 1 affiliate sponsors a new affiliate, the new affiliate will be assigned to Level 2 of the original affiliate’s unilevel team.
If a Level 2 affiliate sponsors new affiliates, these new affiliates are assigned to Level 3 of the original affiliate’s unilevel team, and this continues down as many levels as are needed.
However, the company caps affiliate payout unilevels at 10 levels, with affiliates earning a commission paid out as a % of funds invested through these levels:
- Level 1 (personally sponsored affiliates) – 10%
- Level 2 – 5%
- Level 3 – 4%
- Levels 4 – 3%
- Level 5 – 2%
- Levels 6 to 10 – 1%
Rank Achievement Bonus
The company features 10 ranks within their compensation plan.
Meeting the requirements at the rank of Jade or higher pays a one-time Rank Achievement Bonus and is issued as per the following:
- Member (sign up as a Power Mining Pool affiliate) – No Rank Achievement Bonus
- Associate (invest at least €1000 EUR) – No Rank Achievement Bonus
- Jade (invest at least €2500 EUR and sponsor at least 3 Associate ranked affiliates) – €250 EUR Rank Achievement Bonus
- Pearl (invest at least €5000 EUR and sponsor at least 3 Jade ranked affiliates) – €500 EUR Rank Achievement Bonus
- Sapphire (invest at least €12,500 EUR and sponsor at least 3 Pearl ranked affiliates) – €1000 EUR Rank Achievement Bonus
- Ruby (invest at least €25,000 EUR and sponsor at least 3 Sapphire affiliates with a total of at least 5 Sapphires in your downline) – €2000 EUR Rank Achievement Bonus
- Emerald (invest at least €3500 EUR and sponsor a least 3 Ruby affiliates with a total of at least 5 Rubys in your downline) – €3500 EUR Rank Achievement Bonus
- Diamond (invest at least €50,000 EUR and sponsor at least 3 Emerald affiliates with a total of at least 5 Emeralds in your downline) – €5000 EUR Rank Achievement Bonus
- President (invest at least €62,500 EUR and sponsor at least 3 Diamond affiliates with a total of at least 5 Diamonds in your downline) – €7500 EUR Rank Achievement Bonus
- President Millionaire (invest at least €75,000 EUR and sponsor at least 3 President affiliates with a total of at least 5 Presidents in your downline) – €10,000 EUR Rank Achievement Bonus
Check Match Bonus
Company affiliates can collect a Check Match Bonus on referral commissions earned by personally sponsored affiliates in the ranks of Ruby or higher.
- Ruby affiliates earn a 3% Check Match Bonus
- Emerald affiliates earn a 4% Check Match Bonus
- Diamond affiliates earn a 5% Check Match Bonus
- President affiliates earn a 10% Check Match Bonus
- President Millionaire affiliates earn a 20% Check Match Bonus
Cost To Join Power Mining Pool
The cost to join Power Mining Pool as an affiliate is FREE, which is definitely affordable.
However, to fully participate in this business opportunity, there is a cost of €99 EUR and a further minimum investment of a €50 EUR.
Verdict on Power Mining Pool
The biggest issue with this company is it has no retail products but the company has people invest money into it…
What are you investing in?
How are these ROI’s paid?
There are just too many questions not answered and because they haven’t proved anything, this is what’s really happening…
New investments by affiliates are paying off existing members which is how they generate the crazy ROI’s.
There isn’t any prove of external income sources coming into the company…
Now if they have prove me wrong, I will change this verdict…
I am not a hater, but just tell you the truth.
Anyway, I hope you enjoyed my Power Mining Pool review and if you have any questions, please leave them in the comments below…
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