Dmining fails to provide company ownership or executive information on its website.
Dmining’s website domain (“dmining.top”), was privately registered on March 1st, 2022.
SimilarWeb currently ranks top sources of traffic to Dmining’s website as Italy (79%), Rwanda (11%) and Croatia (10%).
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Dmining has no retailable products or services.
Affiliates are only able to market Dmining affiliate membership itself.
Dmining’s Compensation Plan
Dmining affiliates invest local currency or tron. This is done on the promise of a passive return, paid out incrementally every 12 hours.
- Basic Miner A2 – invest 460 TRX and receive 985.20 TRX over 30 days
- Basic Miner B – invest 710 TRX and receive 774 TRX over 30 days
- Medium Miner A – invest 1120 TRX and receive 1317.60 TRX over 30 days
- Medium Miner B – invest 3600 TRX and receive 4596 TRX over 30 days
Note Dmining affiliates have to log in and “click a button” every 12 hours to generate a ROI payment.
After 30 days Dmining also refunds a percentage of an affiliate’s initial investment. The amount refunded appears to be a variable:
Dmining pays referral commissions on recruitment of affiliate investors.
- recruit one affiliate investor and receive 160 TRX
- recruit three affiliate investors and receive 320 TRX
- recruit eight affiliate investors and receive 800 TRX
- recruit twenty affiliate investors and receive 1900 TRX
- recruit fifty affiliate investors and receive 4800 TRX
- recruit one hundred investors and receive 8000 TRX
Dmining states affiliates can earn up to 15% of returns paid to their downline.
A specific commission breakdown isn’t provided.
Dmining affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 460 TRX investment.
Dmining solicits investment directly by TRX or local currency.
Dmining is another app-based task Ponzi scheme from what appears to be Chinese scammers.
Instead of offering a direct link to a self-hosted app, Dmining has gotten its app featured on Google Play Store:
Dmining’s Ponzi ruse is “clicking a button” mines the cryptocurrency tron.
It doesn’t. All Dmining are doing is recycling invested funds to pay returns to earlier investors.
Dmining solicits investment in both TRX and local currency. To discourage use of local currency, which is easier to track, Dmining offers a small discount on TRX investment.
Having pillaged Italy and with recruitment stalled in Rwanda and Croatia, as of September 2022 Dmining is targeting low-hanging fruit in Nigeria.
To that end Nigerian Dmining affiliates are being provided with local banking options:
Financial providers Dmining uses in Nigeria include VFD MicroFinance Bank, Eyowo and PalmPay.
Note the directive “PLEASE NO CRYPTO RELATED WORD”.
This is to assist Dmining avoiding detection from Google Play Store and payment processors for as long as possible.
Neither Google Play Store, VFD MicroFinance Bank, Eyowo or PalmPay allow fraud on their platforms.
Unfortunately Dmining will likely need to be reported to Google Play Store and the payment processors for any action to be taken.
Failing which, Dmining collapses like all the other “click a button” Ponzis, resulting in the majority of investors losing money.
Dmining is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Including Dmining, BehindMLM has thus far documented forty-one “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.