DailyMines is one of the scariest cloud-mining MLM Pyramid schemes of the year. Learn more about Daily Mines in this honest dailymines.net review.
Please note that Daily Mines is a reboot of several domains. Our review of DailyMines exposes the risks associated with this platform. And this is why we’ve got to steer clear of the project or risk losing everything.
Operated by Ponzi artists, the owner behind this bogus cloud mining platform is a UK citizen. He’s been involved with over 10 Daily Mines reviews with most being abandoned once he hit the target numbers in terms of investors.
Today, we expose all the people behind DailyMines including the elusive founder.
Learn more in our detailed Daily Mines Review.
Apart from cloud mining investment services, the platform also claims to offer top cloud mining learning experience. Users are called upon to register, choose a miner associated with ASIC Miners, and start learning.
DailyMines LTD is the entity listed as the parent company behind this service. There’s a legal certificate uploaded on the homepage which we believe is doctored. After checking with the company registrar, the above parent company doesn’t exist.
And this goes to show the extent at which this platform will go to deceive investors. That’s why we’ve got to expose the red flags to help protect the next investor who was about to sign up and deposit.
It’s the first we’ve hear of a cloud mining learning experience platform. However, the platform does have some red flags such as the ASIC Miner listing where investors are to buy specific miners from them.
In a learning institution, books play an integral part in the tools needed, and thus, students need to buy them. DailyMines is operating under the assumption the available ASIC Miners sold are the tools needed for the job.
And thus, after paying for the course, investors need to also buy miners. This is where Daily Mines take full advantage. Once you buy the miner, the platform will start mining claiming to start mining on your behalf.
Please note there’s no mining contract available during the duration of the learning experience. The platform takes all the mining equipment plus the crypto mined. That’s how DailyMines is taking advantage of investors and most importantly, newbie learners.
Running away from authorities, Jordan Florit is currently living in Venezuela. On the Daily Mining websites, he’s been playing the role of Chief Marketing Officer. He goes by the name Dean Thomas.
On Twitter, we found Jordan claiming to be a USLC Scouting Consultant partnering with Andrade Sports Group. He claims American Football is becoming part of Venezuelan culture and seeks to scout players.
That’s another aspect of Jordan you haven’t heard of, a serial MLM Ponzi artists. He will do or say anything to get investors hooked at whatever platform or product he’s promoting. We’ve also seen him promoting other MLM products in Venezuela.
We’ve seen a growing number of investors trying to take part in the learning world. DailyMines took note and decided to con their way into this market while still earning crypto and mining equipment.
Most of the learners we’ve talked to who demand their miners back are from different regions. These include Canada, Chile, India, Nicaragua, Nigeria, Russia, Slovenia, and Ukraine. It’s clear there’s no end to this madness.
And thanks to the affiliate program, the platform is only going to gain more footing. We hope our review of dailymines.net exposes the risks and saves investors time and money. You too can do so by sharing this post.
Before you become an affiliate of DailyMines, the platform demands you must be a full member. This means being a learner and having bought the required miners to start the tuition. None of these affiliates get to go home with any bonuses and commissions.
Payouts have become a thing of the past with the first affiliates receiving a partial bonus amount. The platform promises a 10% commission on recruitment done with a binary referral commission also in play.
To attract investors into becoming affiliates, there’s a residual commission based on number of days. The total amount a residual commission holder can earn as an affiliate is $20,000. This shows being an affiliate is more lucrative than the actual learning.
And that’s why we’ve got to expose the rot happening on the platform. Affiliates do all the heavy lifting while Jordan and his team take the important aspects home with them. Without payouts, Jordan is taking affiliates for a ride.
There’s also an affiliate participation fee of $25 needed to commence the journey. We see the MLM side of things with this platform which quickly changes from a learning institution to a slave-like recruitment program.
Don’t expect any contact or support from the platform. All we have is a crypto mining platform with no contact details. How can you trust a platform which offers no direct access of communication with the team?
We see two DailyMines addresses listed on the platform. One is in Bangkok and the other in London. Of course, these are false addresses meant to drive investors into these regions to sign up with dailymines.net.
Here are some of the disadvantages of DailyMines that we encountered and are red flags. The project needs to halt their services and we hope authorities will swing into action. We fear this will be another abandoned website in a few weeks.
The level of anonymity in this project is one of the many reasons why you’ve got to steer clear from this project. In the future, try and get more information on any project before proceeding as there are risks associated with anonymity.
Once Jordan abandons the platform as he’s known to do, there’s no way of reaching out. And this is the exact same reason why they’ve chosen not to include any direct contact address. The team doesn’t want any blowback from soon would-be victims.
There’s a complex-commission based structure where the platform promises payouts after hitting $2,500 in residual commissions. You only get to withdraw after hitting this number on a daily basis.
If affiliates hit $2,400 for five days running, there’s no commission to earn. It’s a complex commission-based structure failing to offer much in terms of real bonuses to affiliates. The complexity makes Daily Mines a worthless platform.
Members are pushed to recruit more rather than what brought them to the website which is learning. The platform knows this and creates an impression being an affiliate is way lucrative than being a learner.
You don’t get to earn as there’s a complex commission based structure and there’s a likelihood of losing everything. That’s why we believe the platform is in dire need of an investigation from authorities.
Jordan and his team have moved to edit a Company Registrar document to falsify registration details. To the naked eye, the certificate looks legit, it’s only after confirming the registration numbers that the truth comes out.
Stay away!
Invest in genuine cloud mining platforms that offer weekly payouts.
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