GoSolar Mining gives no data on its web site about who owns or runs the corporate.
In keeping with the corporate’s “about us” web page on its web site,
GoSolar Mining expanded its financing to particular person purchasers since 2017.
GoSolar Mining’s web site area wasn’t privately registered till November 2018. The scheme itself seems to have solely launched in late 2019.
GoSolar Mining gives a company tackle in Gibraltar on their web site.
Additional analysis reveals this tackle belongs to digital workplace service provider Regus.
As all the time, if an MLM firm just isn’t overtly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
GoSolar Mining’s Merchandise
GoSolar Mining has no retailable services or products, with associates solely capable of market GoSolar Mining affiliate membership itself.
GoSolar Mining’s Compensation Plan
GoSolar Mining associates make investments funds on the promise of marketed returns.
Benjamin Franklin Plans
- make investments $200 to $999 and obtain 15% a month for 3 months
- make investments $1000 to $4999 and obtain 20% a month for six months
- make investments $5000 to $9999 and obtain 21% a month for six months
- make investments $10,000 to $14,999 and obtain 22% a month for six months
- make investments $15,000 to $19,999 and obtain 23% a month for six months
- make investments $20,000 to $24,999 and obtain 24% a month for six months
- make investments $25,000 or extra and obtain 25% a month for six months
Thomas Edison Plans
- make investments $200 to $999 and obtain 30% a month for 3 months
- make investments $1000 to $4999 and obtain 35% a month for 3 months
- make investments $5000 to $9999 and obtain 36% a month for 3 months
- make investments $10,000 to $14,999 and obtain 37% a month for 3 months
- make investments $15,000 to $19,999 and obtain 38% a month for 3 months
- make investments $20,000 to $24,999 and obtain 39% a month for 3 months
- make investments $25,000 or extra and obtain 40% a month for 3 months
Nikola Tesla Plans
- make investments $200 to $999 and obtain 45% a month for 3 months
- make investments $1000 to $4999 and obtain 50% a month for six months
- make investments $5000 to $9999 and obtain 52% a month for six months
- make investments $10,000 to $14,999 and obtain 54% a month for six months
- make investments $15,000 to $19,999 and obtain 56% a month for six months
- make investments $20,000 to $24,999 and obtain 58% a month for six months
- make investments $25,000 or extra and obtain 60% a month for six months
Referral Commissions
GoSolar Mining pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned immediately underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
GoSolar Mining caps payable unilevel workforce ranges at 4.
Referral commissions are paid out as a share of funds invested throughout these 4 ranges as follows:
- Benjamin Franklin Plan funding pays 15% on degree 1 (personally recruited associates) and 10% on degree 2
- Thomas Edison Plan funding pays 15% on degree 1, 10% on degree 2 and 5% on degree 3
- Nikola Tesla Plan funding pays 20% on degree 1, 15% on degree 2, 10% on degree 3 and 5% on degree 4
Becoming a member of GoSolar Mining
GoSolar Mining affiliate membership is free.
Participation within the connected earnings alternative nevertheless requires a minimal $200 funding.
Conclusion
GoSolar Mining claims to generate exterior income through photo voltaic powered cryptocurrency mining.
By harvesting the facility of the Solar and utilizing it for our mining farms, we’re committing to ecological preservation and promotion of renewable power sources!
There isn’t a proof that GoSolar Mining is engaged in cryptocurrency mining. Neither is there another verifiable supply of exterior ROI income.
The one verifiable income getting into GoSolar Mining is new funding.
Utilizing new funding to pay present associates a month-to-month return makes GoSolar Mining a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve GoSolar Mining of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of traders lose cash.
Replace sixth February 2021 – Go Photo voltaic Mining was a part of Kristijan Krstic’s $70 million greenback+ Ponzi empire.
Krstic was arrested in Serbia on behalf of US authorities in mid 2020.