Speed Mining Pro Review – Facts You Need To Know
I welcome you to my Speed Mining Pro Review. You’re here because you want to know if this is an opportunity you can make money with.
This new earning opportunity in the crypto niche caught my attention, and I decided to look into it.
If you are here because you want to know more about Speed Mining Pro, you have come to the right place.
In this post, you will learn about the company, its products, and its affiliate program.
Once you are done reading, you can decide if you can make money with this and if this platform is suitable for you.
Speed Mining Pro Review – About The Company
There is absolutely no information on who owns the company or the people running it on their website.
I also discovered that the domain name (speedmining.pro) was privately registered on the 15th of September 2020.
What is Speed Mining Pro? In the company’s words:
“Speed Mining – is a mining platform created by a group of blockchain enthusiasts. Our goal – to make mining truly accessible to everyone regardless of investment size, technical background, or experience in cryptocurrencies.”
That’s all I could find on the company.
When there is very limited information about a company you’re considering joining, that is a HUGE red flag!
Why would you want to invest your hard-earned money with a company that couldn’t be bothered with a little transparency?
Update August 2022
It’s no surprise that the URL speedmining.pro is no longer working.
These fly-by-night cryptocurrency scam platforms are set up by online thieves looking to cash in on the crypto craze.
Scammers know that most people don’t read reviews like these and will blindly give their hard-earned money to these jackals and will never get a refund or a return on investment as promised.
Please understand that YOU are going to have to participate in your own financial rescue.
If you want to leverage the financial power of the internet, you are going to have to learn how to build your own online business.
The very platform I use, Wealthy Affiliate, can help you to do that, even if you have ZERO experience in internet marketing.
For more information, click on the banner below. If you want to learn how to become good at spotting online scams, there is value in reading the rest of this blog post.
Products Offered By Speed Mining Pro
Aside from promoting their affiliate membership, they don’t have any product or service to offer.
You can invest in this platform as an affiliate and earn passive returns through their bitcoin mining hardware.
Compensation Plan
Affiliates are promised daily returns of 7% for 30 days when they invest between 0.001 to 0.02 BTC. See investment plans below:
- Beginner – Receive 4% ROI every day (4000 satoshi daily for 30 days) when you invest 0.001 BTC.
- Competent – Receive 5% ROI every day (10,000 satoshi daily for 30 days) when you invest 0.002 BTC.
- Master– Receive 6% ROI every day (30,000 satoshi daily for 30 days) when you invest 0.005 BTC.
- Expert– Receive 7% ROI every day (140,000 satoshi every day for 30 days) when you invest 0.02 BTC.
You must reinvest after 30 days to continue earning.
According to the platform, they claim they get returns from software and hardware rigs capable of mining.
The platform also has an affiliate program that pays 10% commissions on personally recruited members when they invest. The minimum withdrawal amount is 0.00001 BTC or 1000 satoshi.
What is Satoshi? Satoshi, named after Satoshi Nakamoto, is the smallest unit of bitcoin. 1 Bitcoin is equivalent to 100 million satoshi.
Registration Cost
To become a member and participate in the investment opportunity, you will have to invest at least 0.001 BTC.
My Verdict
Let’s go through what we have discovered so far about this platform before deciding if it is a scam or a legit opportunity.
Who is the owner of this company?
No idea.
There is no information on who owns or runs Speed Mining Pro.
If something should happen, who will you hold accountable?
No one.
The company has no retail products or services to offer aside from its affiliate membership.
Absolutely zero retail.
Although they claim they generate revenue through bitcoin mining, there is no evidence to support such claims.
According to their website: “We offer the fastest hardware and software in the industry, easy with the best technical assistance in around the world and trusted by thousands of developers.”
Bogus Claims
Speed Mining Pro claims they generate 4% to 7% ROI every day.
If this is true, why do they still need affiliates to invest?
They wouldn’t need our money!
All they need to do is get a loan and make money without asking people to invest.
You need to be logical before you join or invest in any income opportunity.
The only sure thing about this platform is that they use the investment from new members to pay existing members; thus, Speed Mining Pro operates as a Ponzi scheme even though they make it look like a real crypto mining organization.
In addition, they claim to offer passive returns; thus, they should be registered with relevant securities regulators.
Speed Mining Pro has no registration with relevant securities regulators.
Similarly, Speed Mining Pro is similar to other SCAM cryptocurrency platforms I’ve reviewed on this platform such as:
My advice, do not to join or invest in this platform.
Under no circumstances would I recommend Speed Mining Pro.
As a matter of fact, you are reading this post because you’re looking for ways to make money online.
Nonetheless, there is one fact you’re going to have to understand:
You Are Going To Have To Participate In Your Own Financial Rescue
The reason why so-called programs like SpeedMining Pro appeal to people is because you just pay other people to invest money for you while you sit back and do nothing.
People want to make money without having to work for it.
Too many people have the wrong idea that the internet is some mysterious ATM you can manipulate whenever you need money.
Scammers are aware of this and that’s why SCAMS proliferate the internet.
What many fail to realize is scammers are aware of human psychology.
They know that they can shut down one scam website, start another one and continue to steal money from people because people are LAZY by nature.
All the have to do is appeal to your emotions to have you racing for your credit card!
That’s not how making money online works.
I’m here to tell you that if you want to create a life-changing income for yourself and your family, you’re going to have to participate in your own financial rescue.
You’re going to have to partner with a LEGIT online platform and learn how to make money online for yourself the correct way.
In other words, you’re going to have to do the work necessary to build a six or seven-figure online business.
The platform that I use and recommend has made it as easy as possible to learn how to make money online.
Click on the link below and you’ll be introduced to the very same platform that has helped me along with tens of thousands of persons build a substantial income.
Yeah, the background information on the program doesn’t convince me at all.
I mean, no one is taking ownership of the program, and it has only been around for a little more than half a year.
And the fact there’s basically just a single lonesome sentence on what they are about.
I mean, I absolutely agree. That’s a massive red flag.
It’s kind of like offering one’s money to a burglar and saying, “Take my money! I don’t want it!”
And then, yes. Actual evidence is what I was searching for.
So far I haven’t really found anything legit. But plenty of fanboys taking the advantage of the affiliate program.
Ultimately, I absolutely agree, generating 4% to 7% ROI every day sounds beyond busted.
And they certainly wouldn’t need our money if it was true. Thank you for pointing that out.
Cheers.
Hello Matiss,
You’ve made some great points in your comments.
You summed up the post pretty well!
Thank You for taking the time to read.
Howard
I’m glad you reviewed this platform called Speed Mining Pro. To me, it is just another Ponzi website that will promise you huge returns, and then disappear in 6 months.
I have come across others too which promise to double your money in a week. And when one checks out their website, half the links are just decorative and do not work. No one who is genuine runs a business in this manner. It’s best to stay away from such sites.
Thank u for the warning.
Regards,
Aps
Hello Aps,
You comments are right on point…
Thank You for your input.
Howard