If you’ve been scouring the internet for make money at home programs, Crypto Mining International Limited is a name you’ve probably encountered.
It is a crypto investment entity that purportedly operates crypto mining rigs and pays investors a predetermined ROI for their investment. You will find that it is a company mentioned by investors who claim to have received money from it.
When I first encountered it, I decided to do some research on the company to determine whether it is worth investing in and in this review, you will find all the information I managed to find on my search, which includes the products they offer, the company management, the investment plans available, among other details.
Before I start…
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
Go here to see my no.1 recommendation for making money online
(This is a 100% free training)
Crypto Mining International Limited Review
RECOMMENDED: Go here to see my no.1 recommendation for making money online
What Is Crypto Mining International limited?
Crypto mining international limited is a fairly new company that claims to be based in the UK and is in the business of Fund management. It conducts activities such as cryptocurrency mining and trading.
They claim to have the latest and the most sophisticated mining equipment money can buy. They also study the market to locate optimal global mining locations globally.
The company’s official website states that the company was incorporated on 26th July 2021 with the domain name “CMI-limited”.
According to the company’s annual report on their site, the company had over 40,000 active users in just over three months after it was established. If this is true, it is an impressive fete considering that other well-known crypto service providers online would be proud of that.
On top of that, as of November 15th, 2021, CMI claims that clients had invested a total of $6,239,832 and made withdrawals of $3,791,227.
CMI allegedly offers crypto trading through the investment packages. They also engage in crypto mining operations, which is actually an expensive undertaking requiring equipment (mining rigs) worth thousands if not millions of dollars.
Just to show you how much bitcoin mining costs, the cost 0f mining one bitcoin ranges from $7,000 to $11,000 or sometimes $35,000 depending on the energy costs in the country. A miner stands to earn a profit depending on the current value of one Bitcoin which is approximately $50,000. However, there are hardly any individual miners left and in most cases, miners pool their computing resources because it takes a lot of computing power to mine Bitcoin these days. It makes business sense and you get to save money. This also explains why there is a push to use more renewable energy to mine.
RECOMMENDED: Go here to see my no.1 recommendation for making money online
Who is behind Crypto Mining International Limited?
Although I couldn’t find a definitive answer to this question (because the company has no organizational structure), Crypto mining international limited is owned by Damian Bennet who doubles as the company chief executive officer and also the only stakeholder.
My attempts at unearthing more information about Damian were futile, even when I scoured every credible news dissemination service provider. This, in my opinion, raised serious questions regarding the legitimacy of the company and whether or not it can be trusted.
How to join Crypto Mining International limited
To open a free Crypto mining international limited account, proceed to the “private client section” and fill in your personal information. It only takes a few minutes to complete.
Once you have registered, an email will be sent to your email address to confirm that it the email address actually belongs to you. In the email, they will include details such as your password and username. You should not share this information with anybody else for security purposes.
After signing up for the program, you can deposit any amount starting from $10 (they accept payments in crypto). Cryptocurrencies accepted include Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Dash, Litecoin, Dogecoin, Payeer, or Perfect Money. Your updated account balance will reflect the amount you invest.
If you wish to withdraw your money, the minimum amount they let you withdraw is $1 via your preferred cryptocurrency.
RECOMMENDED: Go here to see my no.1 recommendation for making money online
How Crypto Mining International limited Works
There are two ways you can make money on CMI-Limited. The first method requires you to buy any investment plan or package which they offer for as little as $10. The other way you can earn money is taking part in the referral program.
I think the referral program is the only way you can make money from this program because it entails recruiting other people to the company and earning some money for doing that. After researching this program, I could tell that its core business is to get people to recruit other people and not mining cryptocurrencies as it purports. However, let’s take a look at both ways they claim you can make money:
Crypto Mining International limited Products
We have established that this company is allegedly in the business of trading and mining cryptocurrencies. The company claims that it offers mining services but fails to mention how they go about it.
Crypto Mining international Limited offers four investment plans that investors can choose from depending on their financial capabilities. Here is a brief breakdown of the various investment plans offered and their respective ROIs.
Crypto Mining international limited company offers 4 investment packages ranging from investment plans requiring as little as $10 to some where you can invest $50,000.
RECOMMENDED: Go here to see my no.1 recommendation for making money online
Investment Plan SHA-256
Invest any amount starting from $10 to $3,000 and get an hourly ROI of 0.09% for 100 days. The projected return on this plan is a total ROI of between 200% to 270%.
Investment Plan SCRYPT
Invest any amount starting from $100 to $6,000 and get an hourly ROI of 0.2% for 40 days. The projected return on this plan is a total ROI of between 160% to 184%.
Investment Plan ETHASH
Invest any amount starting from $1,000 to $20,000 and get an hourly ROI of 0.8% for 7 days. The projected return on this plan is a total ROI of between 126% to 147%.
Investment Plan EQUIHASH
Invest any amount starting from $10,000 to $50,000 and get an hourly ROI of 1.9% for 3 days. The projected return on this plan is a total ROI of between 135% to 148%.
Based on these plans, if you invest $5,000 you will earn around upwards of $400. Simply put, the bigger the investment the higher the returns.
RECOMMENDED: Go here to see my no.1 recommendation for making money online
Referral program
My suspicion is that Crypto Mining International is only designed for people to sign up, invest money, and take part in the referral program. It uses a unilevel compensation structure just like Kassoft and Lion Rock Investment, two other online work-from-home programs.
There are three levels: on Level 1, a representative receives 4% of the deposits made by every investor they recruit. Level 2 refers to the new investors recruited by the level 1 recruits. On level 2, the top representative gets a percentage of deposits. Third-level investors are the third generation of recruits. Below is a summary of the referral program ;
- Level 1 – investors earn 4% from the total amount invested by the recruit they bring in.
- Level 2 –investors earn 5% from the total amount invested by the new 2nd level recruits.
- Level 3 – investors earn 6% from the total amount invested by the new 3rd level recruits
This structure is designed to attract new investors. It looks like a company that has integrated crypto into its social networking core business.
RECOMMENDED: Go here to see my no.1 recommendation for making money online
Is Crypto Mining International Limited Legit?
I don’t think Crypto Mining International Ltd. is legit. I would not bet my money on this company because it does not check the relevant boxes when it comes to legitimacy.
For example, we don’t know anything about the people who own it because they have kept that information hidden. I don’t know about you but I wouldn’t trust people who hide their identities. As for the one name they share with us (Damian Bennet), there is no information about him online, and that’s not a good sign.
I also don’t think CMI-Limited engages in crypto mining. I think their core business is to recruit people, who then recruit other people, and so on. The money that those recruits “invest” is shared amongst the recruits. Then when people stop signing up, the program will probably shut or rebrand under some other name.
Final verdict on Crypto Mining International Limited
I don’t think Crypto mining International ltd is legit. Nowadays, with the rising popularity of cryptocurrencies especially among recognizable financial figures (you only need to hear Elon Musk describe future expectations), there has been a sharp increase in suspicious websites claiming to offer unbelievable deals whereby they promise you will make quick cash. Usually, it is best to avoid entities (and affiliated companies) that don’t operate with relevant investment licenses.
Cryptocurrency mining in itself, as it has been portrayed on multiple online media channels, is a very profitable business opportunity. Unfortunately, I don’t think CMI-Limited is engaged in it nor does it meet the requirements of the Securities Exchange Act.
I should mention that investing in cryptos entails a lot of research and planning. Investing in cryptocurrencies is risky because they are extremely volatile. In other words, cryptos can go up or down even by 50% in a day depending on several external factors. For instance, when Bitcoin was launched in 2010, one bitcoin was valued was just a fraction of a penny but nowadays, Bitcoin can gain or shed a few thousand dollars in a matter of days or hours.
I was surprised to find just a handful of reviews online about this company. Nevertheless, I found them to be inconclusive since they lacked meaningful information about the experiences they got after using their services.
Cryptos have a future in the financial system despite the wild price fluctuations that make them very risky to invest in. Basically, the more you risk the more you are likely to gain and vice versa (from such company).
As a sound investment strategy, invest what you can afford to lose because of the risky nature of these virtual currencies. Before investing, stay away from cryptos that are not in the top 200 market cap to reduce the risk of losing your investment.
Before you leave
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
Go here to see my no.1 recommendation for making money online
(This is a 100% free training)
David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.