Pro Mine Technologies Review
Today our subject is a new company called Pro Mine Technologies. The company, which promises crypto mining investments will be reviewed in order for you to discover if you should invest in it or not.
Despite affirming that the company is in the crypto mining business, the company has no retail services, which is always a negative point to watch out for. Basically, you have to invest in the company and then you will get your money back. The money will be used to mine cryptos, which is allegedly profitable.
Curiously enough, despite devoting a whole page to talk about transparency, the company has no details about who actually owns it on the website. You have to go to a marketing document to discover that Aidan Parr is the owner of the enterprise. He’s from the United Kingdom and the company is online since November 2018.
Parr is also described as the owner of Revive Landscapes, an older business that the had before entering the crypto industry, he claims on his personal social media profile.
It is important to know that before working in this company, he promoted the iCenter and Berlin Group Recycle Bot, two Ponzi schemes, so do not trust this man.
How Does Pro Mine Technologies Work?
Basically, you either have to pay for a plan to get a promised return on investment or you have to refer other people to the site and you will get money from referrals.
Here are some plans:
- Invest 0.0036 BTC to get 1.2% daily for 99 days;
- Invest 0.4 LTC to get 1.5% daily for 99 days;
- Invest 0.1 ETH to get 1.5% daily for 99 days;
- Invest 0.2 DASH to get 1.5% daily for 99 days;
- Invest 0.1 BCH to get 1.5% daily for 99 days;
- Invest 3 ETC to get 1.5% daily for 99 days;
- Invest 50 XRP to get 1.5% daily for 99 days.
The referral commissions can be found on the company’s site and they work using a multi-level marketing scheme in which the people recruited by the ones you recruit can also give you money for referrals, only a little bit less.
Is Pro Mine Technologies A Scam?
Yes, we have several reasons to believe that this site might a scam. For instance, the company does not provide any kind of proof that it is actually mining something. You do not see any picture of the actual mining hardware, only promises.
The company is not audited in any way and the owner has already worked in scams before. All of this is very bad signs that mean that you should really avoid investing here, even if you only spent some tokens.
Pro Mine Technologies is also not regulated by the financial authority of the United Kingdom and the crypto market is facing a difficult time right now, a bear market.
During a bear market, the prices are low, so it is very unlikely that a company will be able to get you returns of more than 30% monthly with the market in this condition. Try to avoid the scams and invest in real companies instead.
However, within reason, any new opportunity has to start somewhere but ideally there is much more honesty and transparency involved so the vision and mission becomes much more clear, and ideally valuable in nature.