Welcome to my Pro Mine Technologies Review.
One of the hardest things to determine when thinking about joining a program that you can make money online is to know if it is a scam.
The worst thing to happen is joining a company just to have it get shut down or the owner runs off with all the money and in both cases, we lose all the commissions, time, and money that we invested into it.
We are going to avoid joining these companies by digging into the details about the Pro Mine Technologies company and owner, the products they offer, and how the compensation plan works, and how you make money with it.
We decided to take a closer look due to some of the social media hype that was buzzing around the social media websites that I’m part of and wanted to know what it was all about.
With that said, let’s dig in and see what we can learn.
Pro Mine Technologies Review – What Is It?
Pro Mine Technologies is an MLM opportunity that you can join and make money with by referring others, building a team, and with the promised ROI that the company offers.
The niche that I would say this company is in I would consider being in the cryptocurrency MLM niche.
The Company Overview
When taking a look at the company website we always like to see who owns and runs the program.
This gives us the ability to learn more about the experience and the background of the owner to give us a sense of his character.
It also provides visitors with a sense of trust knowing that the owner is being transparent.
Unfortunately, the company website does not offer any owner information.
However, we did locate a PDF document from the company naming Aidan Parr as the owner.
- Aidan is located in the UK and is also where Pro Mine Technologies is based out of.
- The company was incorporated in 11-2018.
Aidan is not new to the cryptocurrency ROI space and has been an affiliate member for companies like the Recycle Bot, iCenter, and Berlin Group.
That is all we have about the details on the company and who is behind it, let’s move on to the next section.
Another great review: VenVici Review – Scam or Legit? Compensation Plan Breakdown
Pro Mine Technologies Products Review
We are going to take a look at the products or services that Pro Mine Technologies offers in this section of the review.
When you are operating an MLM opportunity, you need to offer retail products to be in compliance with the law.
Unfortunately, the company ProMine Tech does not offer any retail products or services at this time.
You can join as an affiliate member to get what the company calls their “Powerbot”.
Powerbot Overview
The way that the company describes “Powerbot” is:
- It’s a cryptocurrency bot.
- Farms physical mining farms.
- Crowdfunding and diversification.
- Works off the Telegram app.
That all there is to the products that Pro Mine Technologies offers, let’s move on to the next section.
Another great review: 22 Minutes To Profits Review – Scam or Legit? Compensation Plan Breakdown
Pro Mine Technologies Compensation Plan Breakdown
In this section of the review, we are going to cover the details about how the compensation plan works and how you make money with it.
There are a few aspects to the compensation plan that will make you money that we will get into in this section.
There are 2 main ways to make money with Pro Mine Technologies which are:
- ROI Commissions
- Referral Commissions
ROI Commissions
When you make an investment and join the company at one of the levels listed below, you can earn a promised ROI.
You don’t have to do anything else other than making the initial investment to earn this ROI.
Here is a breakdown of the investment levels the company offers and the promised ROI that you will get:
- This level will require an investment of 0.0036 BTC up to the next level. You will get a promised 1.2% daily compounded ROI for 99 days. At this level, you are limited to withdraw up to 0.1 BTC daily.
- This level will require an investment of 0.4 LTC up to the next level. You will get a promised 1.5% daily compounded ROI for 99 days. At this level, you are limited to withdraw up to 2 LTC daily.
- This level will require an investment of 0.1 ETH up to the next level. You will get a promised 1.5% daily compounded ROI for 99 days. At this level, you are limited to withdraw up to 1 ETH daily.
- This level will require an investment of 0.2 DASH up to the next level. You will get a promised 1.5% daily compounded ROI for 99 days. At this level, you are limited to withdraw up to 1 DASH daily.
- This level will require an investment of 0.1 BCH up to the next level. You will get a promised 1.5% daily compounded ROI for 99 days. At this level, you are limited to withdraw up to 0.5 BCH daily.
- This level will require an investment of 3 ETC up to the next level. You will get a promised 1.5% daily compounded ROI for 99 days. At this level, you are limited to withdraw up to 20 ETC daily.
- This level will require an investment of 50 XRP or more. You will get a promised 1.5% daily compounded ROI for 99 days. At this level, you are limited to withdraw up to 50 XRP daily.
Referral Commissions
Pro Mine Technologies offer commissions on the initial investment and re-investments that members make.
This is not the norm when comparing this company with other similar programs like this one.
The companies use the MLM unilevel compensation plan to pay both of these commissions.
For those that are unfamiliar with how the unilevel compensation plan works, here is a quick breakdown:
- 1st Level – The first level of your unilevel compensation plan will only have your personally referred members on it.
- 2nd Level – The second level of your unilevel compensation plan will only have team members that your level 1 members personally sponsored on it.
- 3rd Level – The third level of your unilevel compensation plan will only have team members that your level 2 members personally sponsored on it.
- and more…
- Each personally sponsored member is considered one of your legs.
Hopefully, this quick overview makes it more clear on how the unilevel compensation plan works for those that were not that familiar with it.
Here is a breakdown of the initial investment commissions that you can earn and also a quick breakdown of the re-investment commissions that you can earn:
Initial Investment Commissions
- Level 1 – This level offers 10% on your personally sponsored member’s initial investments.
- Level 2 – This level offers 3% on your team members found in level 2.
- Levels 3 and 4 – These levels offers 1% on your team members found in levels 3 and 4.
Re-investment Commissions
- Level 1 – This level offers 2% on your personally sponsored member’s re-investments.
- Level 2 through 4 – These levels offers 1% on your team members re-investments found in levels 2 through 4.
That is how the Pro Mine Technologies compensation plan and how you make money with it, let’s move on to the next section.
Another great review: iThrive Network Review – Scam or Legit? Compensation Plan Breakdown
My Pro Mine Technologies Q and A Section
In this section of the review, we are going to answer some of the questions that people may have when thinking about joining the Pro Mine Technologies opportunity.
Is Pro Mine Technologies BBB Accredited?
No, the Pro Mine Technologies company is not accredited with the Better Business Bureau at this time.
Now having a listing or accreditation with the BBB does not automatically make a company a scam, it simply means that they are not listed yet.
Additionally, there are many companies that have been out for years that don’t have accreditation and are 100% legitimate.
We usually only refer to the BBB for additional company information and to compare the testimonials and reviews with our other sources.
What’s The Cost To Join Pro Mine Technologies?
You can create a free account but it will not offer much.
In order to take full advantage of the money that you can make with the Pro Mine Technologies referral compensation plan will require a minimum investment of 0.0036 BTC.
The next section will cover what many of you are here to learn which is…
Is Pro Mine Technologies a Scam or Legitimate Opportunity?
In my opinion, yes, as it stands right now Pro Mining Technologies is a scam, and here is our reason why:
- No retail products or service when clearly an MLM company.
The more correct term used would be a Ponzi Scheme when you refer to the FTC website on MLM companies.
Related articles: Cryptocurrency MLM Reviews, Scams, and Compensation Plans
My Final Pro Mine Technologies Review and Thoughts
The final section of my review will cover my personal closing thoughts and opinions about the Pro Mine Technologies opportunity as a whole.
We have dug through the information about the company, the products, and how the compensation plan works, and how you make money with it.
We have also covered our opinion on why we felt that Pro Mine Technologies is a scam and why.
At this point of the review, you should now have a really good idea about what it is, how it works, and if you feel that it is the right opportunity to join or not.
What are your thoughts about it at this point?
But here is the question…
Do we recommend the Pro Mine Technologies opportunity?
At this time, we do not recommend it due to the red flag issues that we found with the program.
I hope you enjoyed my Pro Mine Technologies review.
Before you go, make sure to click on the social share buttons to share this review with others so that people can learn what exactly the Pro Mine Technologies opportunity is really all about.
Thank you!
