Review on Mining City by Francisco Varela
Mining City Pool
Mining City is a Bitcoin Clound Mining project. Usually, to have Bitcoin, you can either buy it or dig it up. However, digging Bitcoin is not simple, it needs many factors. Mining City handles those things for you. They will provide mining, technology and maintenance equipment to improve Bitcoin's digging performance and also help investors to minimize management costs.
Their job is to buy power from the training packages they offer. According to the Hashrate index of each package, you will receive the daily BTC number. Excavation time of up to 1100 days makes it easy to pay and receive interest on your excavation.
“Mining City is a Bitcoin Clound Mining project. Mining City is an initiative that focuses on those who want to consolidate strength and increase Bitcoin's opportunities to exploit, Mining City provides the power of exploitation, technology care and maintenance so you can reap the rewards.
Looking for Mining City earnings up to 1000% in 2–3 years when BTC reaches $ 30–50k by 2020. BTC over 20 in 2020 is safe. Mining City is a Bitcoin Clound Mining project. Mining City is an initiative that targets those who want to unify power and increase Bitcoin's opportunities for mining, Mining City provides the power of exploitation, technology care and maintenance so you can reap the rewards. regular interest
Mining City does not provide information on who owns or runs the company on its website.
The Mining City website domain ("miningcity. com") was first selected in 2003.
The domain registration was last updated on December 20, 2018, which is likely when the current owners took it.
"Prophetek" appears as the domain owner, through an incomplete address in Cyprus.
Considering that Cyprus is a scam friendly jurisdiction, there is a good chance that these details are false.
Mining City does not have any products or services available, and affiliates can only market Mining City membership.
The compensation plan of the mining city
Mining City affiliates invest funds with the promise of ROI paid for 1,100 days.
Standard - $ 500
Bronze - $ 1000
Silver - $ 2000
Gold - $ 3500
Mining City represents the more an affiliate invests, the higher their daily rate of return.
City Mining Affiliate Ranks
There are five ranks of affiliates within the City Mining compensation plan.
Along with their respective qualification criteria, they are as follows:
Citizen: register as a City Mining affiliate and invest
City Builder - Recruit at least five citizens and generate $ 10,000 in total downline investment volume
City Developer - Maintain five personally recruited affiliates with an active investment (three must be city builders) and generate $ 50,000 in total downline investment volume
City Manager - Maintain at least five personally recruited affiliates with an active investment (three must be city managers) and generate at least $ 250,000 in total downline investment volume
Chief Manager: Maintain at least five personally recruited affiliates with active investment (three must be City Administrators) and generate at least $ 2,000,000 in total downline investment volume
City Mayor: Maintain at least five personally recruited affiliates with active investment (three must be senior managers) and generate at least $ 10,000,000 in total downline investment volume
Pros
- It is the strategic partner of BTC, the largest POOL in the world.
- They signed a strategic investment document with the Kazastan government on the allocation of five-year land to build a bulldozer coin factory, as well as electricity price incentives.
- Boasting equipment technology and pool training, not to mention the super cheap price of electricity in Kazakhstan, Mining City will have a hard time finding an adversary like the company.
- Receive daily interest in BTC (from the 11th day after the activation of the package). Long-term investment Attractive model, suitable for long-term investments. License certificate Royal coin dig plant in Kazashtan, full license Great companion Mining City is a partner of BTC, MineBest. Public The founding team is completely public. International markets Trust large investors and communities around the world. The international community of Korea, Japan, Thailand, Vietnam, South Africa, etc. it is spreading to surrounding areas.
Cons
- The Mining City model is not the first time that two similar programs have worked well before. They are Genesis Mining and Bit Club. Two projects similar to Mining City, Genesis Mining is a 5 year development project, Bit club is a project which has been developed for 4 years so far and still works.
- Mining City is your typical cloud mining unregistered securities investment fraud scheme. Once again, there are Eastern European scammers targeting gullible Asian investors with their money. The nature of Mining City's investment scheme is passive, which qualifies it as a guarantee. Securities in Poland are regulated by the Polish Financial Supervisory Authority. In Japan it is the Securities Market Supervisory Commission (part of the FSA). South Korea has its own Financial Services Commission and in Vietnam its State Securities Commission. Mining City does not provide evidence that you have registered your securities offering with any of these regulators. Or, in fact, with any securities regulator in any jurisdiction in which you request investments. This only means that Mining City is operating illegally in any country in which the securities are regulated (almost all). Reflecting the awareness of investors in the countries they target, Mining City feigns legitimacy through third parties.
