This next one, CryptoMines.biz, is another HYIP that I’ve been trying. I’ve been saying that usually I will try any HYIP that are offering 2% weekly profit as a reasonable rate.
Even sometimes I feel like that number can go down as they will have more money to handle. This one is a bit higher from that rate which I’m supposed to stay away from.
However, from their page, they said that they have been around from 2017 which means it has been 5 years since then up to this point. Usually if HYIP is just a scam, they won’t be able to stay that long.
I did give them a try before realizing that and already got several payments. Clearly, something is not right. There are at least 90 other monitors are testing this one.
So, who is this CryptoMines.biz? Is CryptoMines.biz legit or scam? What are the investment plans? How do we get paid?
Those are probably just a few questions that came to mind after hearing about the program. Well, in this article, I’m going to share with you my CryptoMines.biz Review based on my experience and what I can find from the internet.
Hope this helps. Is CryptoMines.biz going to be the best investment program out there?
Click or tab on any sections from the table of contents to jump right to that part. Use the red arrow button on the bottom right corner of the screen to head back to the top.
Table of Contents
Overview
Website: cryptomines.biz
Type: High Yield Investment Program (HYIP)
Investment Plan:
0.5% Daily for 500 Business Days + Principal
3% Daily for 90 Business Days + Principal
6% Daily for 35 Business Days + Principal
12% Daily for 18 Business Days + Principal
20% Daily for 10 Business Days + Principal
150% after 1 Business Day
200% after 3 Business Days
300% after 7 Business Days
400% after 15 Business Days
500% after 35 Business Days
1,000% after 70 Business Days
1,500% after 100 Business Days
Minimum Deposit: $10
Maximum Deposit: none
Referral Commission: Up to 10% (Level 1), 2% (Level 2), 1% (Level 1)
Payment Method: Cryptocurrencies, Paypal, Payeer, Perfect Money, NixMoney, ePayCore, AdvCash
Started Since: 5 July 2017
My Status: SCAM
Last Payment: September 2022
WARNING – CryptoMines.biz is one of the HYIP
High Yield Investment Program (HYIP), is a program where anybody can deposit some money as investment and get a high profit in return after a duration of time. How high the profit can be very relative but still, they are not very sustainable for the long term.
They will be out of business, eventually. Not necessarily because they are scams, but sometimes just a single mistake can cause them to lose a lot of money.
Some consider this as PONZI scheme, where the first investor get paid by the next one. Eventually the last member won’t get paid at all.
IF YOU ARE NOT SURE ABOUT THIS PROGRAM JUST CLOSE THIS PAGE OR SKIP TO THE BOTTOM TO LEARN ABOUT ALTERNATIVE WAY TO MAKE MONEY ONLINE.
Why are people still using this kind of program?
For one thing, there are still some legit programs, even though they will be out of business sooner or later. People can still make money out of them.
Another thing is that people sometimes just want some extra income right away. They can no longer afford time and energy to work and build a business in a legit way. Some even already work for two jobs.
Investing some money is their only way. Hopefully to get something in return.
Why do I still use this kind of program?
Some people would say that this is not a legit way to make money online, let alone as a business for passive income. It is a scam and we will lose the money.
I tend to agree and in general will not recommend anybody to use.
But the legit way to make money online and turn them into a business requires time and hard work even money to start that not everybody can afford. What I’m doing here on this website is exactly one of those legit way. We build website like this and fill them with helpful information, get traffic and monetize.
You can learn more about it below. There are other way to make money online that I share here on this website.
I’m here just to share my experience, observation and point of view regarding this program. To help people make decision on whether they should spend their money with this program or not.
So you can just read about my story with them. No need to follow me invest some money or even join the program because I’m not recommending this in general. Do it at your own risk.
And it is all for the sake of making money online in a legit way.
Some tips for using HYIP service
If you are still willing to give this kind of program to try, there are some tips that we can use in general for every HYIP.
First of all, consider this program not as investment but more like gambling. Which means, just think that the chances are we are going to lose the money.
Use only the money we can afford to lose. Not the money you need to pay rent or school or food. Maybe money for cigarettes, or vacation.
Do not to think about making money or even huge profit, consider it just a bonus if we get. And if we do get some profit, try to save it for another program if you want. Think about investing as a whole not just per program.
Get our investment back as soon as we can. Do not try to compound or reinvest before that. Once we get our initial investment back, we can reinvest as we please.
Do our own due diligence. Research first, read from monitor, forum, or other people’s blog or website. Try to understand which user is actually give some time to invest. Anybody can say anything on the internet, even those who doesn’t have anything to do with it.
Test first, by try using every feature from the platform. Send tickets to support, ask them anything. Make sure we understand the rule and terms, how to deposit, or withdraw.
Choose the very low minimum investment plans so we are not going to lose money that much. There are a lot of ways to earn money online for free that I share here. Maybe just a few cents but we can try investment program with very low minimum deposit.
It is very easy to be tempted to reinvest our money once we know that the program is legit or just because we get our first payment. We think that the program will keep paying.
Remember that one of the reason for them to stop paying is because they lose the money, or make a mistake. Not just because they are scam from the beginning.
We have to control ourselves, set rules that we follow.
If you have set up your mind and still want to give this a try, keep reading. If you are not ready just skip to the very end of this post.
News and Update
October 2022. Somehow, they either deleted my account or something happened to them. A lot of other monitors have changed the status for this to NOT PAID. Changed mine for this to SCAM, unless I can get to the account again and keep getting paid as before.
About CryptoMines.biz
At a glance, the webpage of CryptoMines.biz looks different than most HYIP that I’ve been using. However, this is still one of the Gold Coder script. We can check on Gold Coder website, they indeed have the license.
Most of them still work the same but there are a couple of improvements. On the website, another unique thing they do compared to other similar programs is posting their address. According to their website, the address is FLAT 34 100 WESTER CLEDDENS ROAD, BISHOPBRIGGS,
GLASGOW, UNITED KINGDOM, G64 1HZ.
I don’t know anything about London so I cannot tell whether it is real address or not. They also put a link for their digital certificate that indicates they are a registered company in the UK. The company’s number is SC57192.
We can find that at the bottom of the page and if we click on that number it will bring us to this government listing page. From that page, there are 2 registered persons which are Fraser Duncan Douglas and Andrew William Wallace. Both of them are registered as the Director of the company.
To contact them, we can send email to support@cryptomines.biz. Aside from that, they do share their Telegram channel. There is only ABOUT US page which says something typical from any HYIP.
They claimed to have been around since 2017. However, from about 90 HYIP monitor programs, almost every single one started their investment in late May 2022. So, even their initial investments are still not finished up to this point.
According to the data from HYIP.biz, CryptoMines.biz doesn’t share any IP address with other HYIP but there are 19 other HYIP from the same IP network. One other project is detected to have similar content like interface or design, which is Wixraton.biz. Both came out almost at the same time but this one is immediately closed.
Investment Plans
Investment is the main and only feature on CryptoMines.biz. Anybody can make a deposit, some amount of money and after a period of lock in time, they will get profit.
Depending on the program, we can get the profit payment, daily, weekly, bi-weekly or even monthly or just one time at the end of term. For the daily, usually either based on calendar days or just weekdays.
Some can even offer hourly payment. We can make a deposit and an hour after that, we will get our first payment of profit.
The lock in period or duration of the investment term can also vary. Some can offer a day, some weeks or even years before we can get the principal back.
Regarding the payment, a program can pay the profit first and return the principal at the end of investment term. Some may pay differently like each payment includes both the profit and parts of the deposit.
For the latter, the offered interest rate seems like higher than the former. This probably will matter if we try to consider how soon we can reach the BEP and start making pure profit.
As for the interest rate, usually from any HYIP, we will get a constant rate. So, the profit is not going to fluctuate depending on the program’s performance.
Some HYIP can offer just one investment plan or several different ones. In the case of CryptoMines.biz, they are offering several different plans but can be put into 2 main categories.
1st Category: Deposit Returned
Here is the first category.
0.5% Daily for 500 Business Days + Principal
3% Daily for 90 Business Days + Principal
6% Daily for 35 Business Days + Principal
12% Daily for 18 Business Days + Principal
20% Daily for 10 Business Days + Principal
For this first category, we have to make a deposit and they will start paying profit every business day after that deposit until they have reached a number of days stated. At the end of the investment they will also return our deposit.
As we can see, there are 5 different levels from this category. Each level has different minimum amount and how long the plan will take to expire. The one with higher interest rate will be shorter but also higher minimum deposit amount.
For the 2nd level up to 5th level, there are 3 sublevels, each with its own minimum and interest rate but the same investment term. As an example, the second plan 3% Daily for 90 Business days is the highest interest rate of that level.
The lowest one require a minimum of $25 deposit and to get the highest one we need $5,000. But if we do have $5,000, we can invest that amount into the 3rd, 4th or even 5th level.
For the 1st Level, the minimum is just $10 no maximum and always the same interest rate. This is one of 2 plans on CryptoMines.biz to invest that low. Every business day after the deposit they will pay 0.5%.
That means, if we deposit $10, each business day, we will get $0.05. After 500 business days or about 700 calendar days we can get 500 payments which is about $25 or 250%. That is just the profit. They will return the deposit.
With this rate, we can reach BEP or 100% ROI after 200 business days or 280 calendar days. The rest of 300 business days is pure profit.
From this level, if we convert the rate into calendar days, the interest rate is 0.357% per calendar days.
It’s not recommended but after those 200 payments, we can start another investment plan with CryptoMines.biz. The new deposit and the current one will be handled separately.
For the 2nd Level, here is the breakdown of each level.
$25 – $2,000 deposit: 2% daily
$2001 – $5,000 deposit: 2.5% daily
$5,001 or more: 3% daily.
The plans on this level will end after 90 business days or about 126 calendar days or 4 months. Every business day after the deposit they will pay 2 – 3%.
That means, if we deposit $25, each business day, we will get $0.5. After 90 business days, we can get 90 payments which is about $45 or 180%. That is just the profit. They will return the deposit. For the highest one, we can get a total profit of 270%.
With this rate, we can reach BEP or 100% ROI between 34 to 50 business days orย 48 to 70 calendar days. The rest of 40 to 56 business days are pure profit.
From this level, if we convert the rate into calendar days, the interest rate is 1.42%ย up to 2.142% per calendar days.
For the 3rd Level, here is the breakdown of each level.
$1,000 – $3,000 deposit: 5% daily
$3,001 – $5,000 deposit: 5.5% daily
$5,001 or more: 6% daily.
The plans on this level will end after 35 business days or about 49 calendar days or a little over 1.5 months. Every business day after the deposit they will pay 5 – 6%.
That means, if we deposit $1,000, each business day, we will get $50. After 35 business days, we can get 35 payments which is about $1,750 or 175%. That is just the profit. They will return the deposit. For the highest one, we can get a total profit of 210%.
With this rate, we can reach BEP or 100% ROI between 17 to 20 business days orย 24 to 28 calendar days. The rest of 15 to 18 business days are pure profit.
From this level, if we convert the rate into calendar days, the interest rate is 3.57%ย up to 4.28% per calendar days.
For the 4th Level, here is the breakdown of each level.
$3,000 – $5,000 deposit: 10% daily
$5,001 – $8,000 deposit: 11% daily
$8,001 or more: 12% daily.
The plans on this level will end after 18 business days or about 25 calendar days or less thanย 1 month. Every business day after the deposit they will pay 10 – 12%.
That means, if we deposit $3,000, each business day, we will get $300. After 18 business days, we can get 18 payments which is about $5,100 or 170%. That is just the profit. They will return the deposit. For the highest one, we can get a total profit of 216%.
With this rate, we can reach BEP or 100% ROI between 9 to 10 business days orย 13 to 14 calendar days. The rest of 8 to 9 business days are pure profit.
From this level, if we convert the rate into calendar days, the interest rate is 7.14%ย up to 8.57% per calendar days.
For the 5th Level, here is the breakdown of each level.
$5,000 – $8,000 deposit: 18% daily
$8,001 – $10,000 deposit: 19% daily
$10,001 or more: 20% daily.
The plans on this level will end after 10 business days or about 14 calendar days or 2 weeks. Every business day after the deposit they will pay 18 – 20%.
That means, if we deposit $5,000, each business day, we will get $900. After 10 business days, we can get 10 payments which is about $9,000 or 180%. That is just the profit. They will return the deposit. For the highest one, we can get a total profit of 200%.
With this rate, we can reach BEP or 100% ROI between 5 to 6 business days orย 7 to 9 calendar days. The rest of 4 to 5 business days are pure profit.
From this level, if we convert the rate into calendar days, the interest rate is 12.85%ย up to 14.28% per calendar days.
Any of the plan in this category can end shorter or longer depending on whether the last business day is before or after the weekend.
That is it with the plans from the first category from CryptoMines.biz.
2nd Category: Deposit Included
Here is the plans from the second category.
150% after 1 Business Day
200% after 3 Business Days
300% after 7 Business Days
400% after 15 Business Days
500% after 35 Business Days
1,000% after 70 Business Days
1,500% after 100 Business Days
From these, they will not pay every business day. We make a deposit and wait for the stated number of days and they will send one payment at the end of the terms. The stated number is the total we will get.
In general for the shorter plan, the minimum deposit will be higher. With the exception of last 2 levels, there is only one interest rate from each level.
So, for the 1st level, 150% after 1 Business day, the profit is 50%. If we invest the minimum $100,000, the next business day we can get that amount back plus $50,000 profit.
If we convert that rate into calendar day based, the interest rate is about 35.71% per day.
For the 2nd level, 200% after 3 Business day, the profit is 100%. If we invest the minimum $50,000, after 3 business days, we will get that deposit amount plus another $50,000 profit.
If we convert that rate into calendar day based, the interest rate is about 23.8% per day.
For the 3rd level, 300% after 7 Business day, the profit is 200%. If we invest the minimum $30,000, after 7 business days or 10 calendar days, we will get that deposit amount plus another $60,000 profit.
If we convert that rate into calendar day based, the interest rate is about 20.4% per day.
For the 4th level, 400% after 15 Business day, the profit is 300%. If we invest the minimum $10,000, after 15 business days or 21 calendar days, we will get that deposit amount plus another $120,000 profit.
If we convert that rate into calendar day based, the interest rate is about 14.28% per day.
For the 5th level, 500% after 35 Business day, the profit is 400%. If we invest the minimum $2,000, after 35 business days or 49 calendar days, we will get that deposit amount plus another $8,000 profit.
If we convert that rate into calendar day based, the interest rate is about 8.16% per day.
For the 6th level, there are 3 sublevels. Here is the breakdown.
$20 – $2,000: 900%
$2,001 – $5,000: 950%
$5,001 or more: 1,000%
So, if we invest the minimum $20, after 70 business days or 98 calendar days, we will get that amount back plus $160 profit.
If we convert that rate into calendar day based, the interest rate is about 8.16% up to 9.18% per day. The lowest one is actually similar to the previous level.
For the 7th level, there are 3 sublevels. Here is the breakdown.
$10 – $1,000: 1,300%
$1,001 – $2,000: 1,400%
$2,001 or more: 1,500%
So, if we invest the minimum $10, after 100 business days or 140 calendar days, we will get that amount back plus $120 profit.
If we convert that rate into calendar day based, the interest rate is about 9.28% up to 10% per day. The lowest one is actually similar to the previous level.
With these plans from 2nd category, we will reach BEP or 100% return only after the plan has expired. Until then, we won’t get anything that we can withdraw or reinvest.
Optional Compounding
When we make a deposit and start investment with CryptoMines.biz, there is a compounding option. What it does is instead of paying us the profit of the day, they will include the profit to the principal for the next day.
So, the payment on the next day can be higher because the principal will be higher as well. On the other hand, we cannot withdraw those daily payments or spend them for, maybe a new plan.
We can set the Compound option from 0 to any number up to 100% from the profit we get from the daily payment. This feature is only available for the first category of plans because the 2nd category, there will be no daily payment.
I have not tried this so I don’t know for sure how it works and how flexible we can change the setting from day to day. Personally, I don’t really recommend using this.
It only matters when the amount we add to the principal is at least $2 using the lowest plan just to get extra $0.01 higher. Otherwise, it will not increase the next profit payment at all.
That means, the initial deposit should be at least $400 with the lowest plan. It can go lower with the higher one.
Comparisons to Other Investment Programs
If we are not familiar with the world of investing, specifically HYIP or online program, it is probably hard to understand the number described above. Are they a good interest rate or is it really too high or even a sign for scammers?
One way to find out is by making comparison to other similar programs. This might not be the best or the perfect way to do it but at least this can give us some perspective.
As we can see above, the lowest interest rate from CryptoMines.biz is 0.357% per calendar day or about 2.5% weekly. The highest one can be about 35.71% per day or about 50% weekly.
So, is that a good and reasonable interest rate?
Here are some comparisons. The numbers are based on the current rate at the time of writing. Each of them may change their plan anytime.
CityBuildTrade.com, recently changed their plan from one to several plans. The lowest one offers 0.2% after a week while the highest one offers 0.468% daily profit but paid after 1,920 days. That means, the lowest one is only 10% of what we can get from CryptoMines.biz with the lowest plan.
SolidTradeBank.com, also one of the longest paying HYIP at this time, is offering 0.14% daily calendar days interest rate as the lowest plan or 0.28% for the higher one. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
Crypto7.com, offers like 0.07% daily profit for 777 days. That is like only one fifth from the lowest interest rate from CryptoMines.biz and longer investment period.
SafetyDepositary.net, also offers like 0.2% daily profit but for 555 business days. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
TopTradeCapital.com, also offers 2% weekly payment but only for 364 calendar days. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
7-Lion.com, also offers 2% weekly but in bi-weekly payment and also with very long term plan of 798 calendar days. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
Fine-China.biz offers 2% weekly as well as the lowest investment plan but it will take 777 calendar days with 17% weekly as the highest. The lowest one is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
Funds-Broker.com offers also 2.1% weekly profit in 798 days. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
Seven-Stream.com offers 4.1% profit per 2 weeks in 994 days. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
White-Wolf.biz, offers 2.1% weekly profit for 2 years. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
Billion-Stars.com offers 4% profit per 2 weeks for 798 days. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
Cyber-9.com also offer 4% per 2 weeks for 994 days or 2% weekly. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
Cyber-Bank.cc also offer 2% weekly for 798 days. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
UnchartedWealth.com offers 0.05% daily profit for 365 days. That is only like 1/7 daily rate compared to CryptoMines.biz and takes longer to expire.
OnlineDividends.com offers about 1.8% or more weekly profit if we choose the weekly plan or the second one. That is slightly lower than the lowest plan from CryptoMines.biz but shorter time to expire.
UCTraders.com offers 2% weekly for 2 years. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
LuxioProfit.com offers 2% weekly for 777 calendar days. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
Rhythm-and-Profit.com is also offering 4% but every 2 weeks. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
LightAssetsLTD.com is offering 4 investment plans with 1.08% weekly profit as the lowest interest rate and 19.84% as the highest one. The lowest one from CryptoMines.biz is 2.5x higher than the lowest one from this.
Titan-Bank.com, is also offering 2% weekly for 595 days. That is slightly lower than the lowest plan from CryptoMines.biz and takes longer to expire.
Those 20 are the only HYIP programs that I’ve tried and still paying right now. I really can’t try too many of them, considering how risky the nature of HYIP and again, I wouldn’t recommend anybody to try as well.
But there are other online programs that also offers to pay some interest. Some people might think these programs are better than HYIP because the interest feature is just a secondary feature.
They have other ways as income source. Here are some of those programs.
Freebitco.in, probably one of the longest paying faucet program, offers like 4.08% annual interest. That is just like 0.01% daily calendar day profit, which is already far lower than any HYIP.
Free-Litecoin.com and their group, similar program to Freebitco.in, also offers to give up to 6% annual interest. It is like 0.016% daily profit, just slightly higher than Freebitco.in and obviously still way lower than any HYIP.
Cointiply.com, also another faucet program that offers interest which will be compounded weekly. The interest is 5% annual or about 0.014% daily, also lower than any HYIP.
StakeCube.net also offers 0.02% fixed daily interest rate for investing in Bitcoin and several altcoins. There are also another offer with fluctuate interest rate from the Staking feature which could be up to 0.08%.
SimpleBits.io is another faucet program that offers some kind of investment from their rent hardware simulation. The plan with the highest rate is about 35% for 120 days or about 106% annually.
CryptoWin.io is another one where we can invest Bitcoin. They offer 0.7% daily rate but include the principal for 180 days. That means the interest rate is about 0.144% profit per day. This is just half of the rate from most HYIP.
There are still other forms of online investment programs that are not HYIP and I haven’t got the chance to try it. We could invest on cryptocurrency mining, with hardware, or some stocks.
Comment and Suggestion
As we can see from the comparisons above, the interest rate from CryptoMines.biz is way higher than other programs that I’ve tried. Usually, I look for 2% weekly profit as a reasonable interest rate.
Is it the best number? Probably not. However, some of the longest paying HYIP have been offering that number for 6 or even 7 years. Based on that I assume that is a good number, sustainable for their business.
They can still make profit for themselves and the owner, while taking some losses sometimes. This is still a business after all. It’s not like they can make money out of nowhere. They still need to pay for the operational cost. Even hosting a website has a cost.
I don’t know exactly how but usually they will do trading either stock or cryptocurrencies and make money from it. It is possible that they also just invest them on different similar platforms. But for that, they need to look for programs that are offering higher interest rate even if with higher minimum.
Some of the oldest one even recently lowered their rate. For me, it is a better move than just forcing that same number and become scam eventually. It is a common thing when the company gets bigger, handling more investors and more money, and eventually they will not generate the same level of revenue.
Some people might even say that offering fixed interest rate is not a sustainable business model. Using this model HYIP will eventually become scam. Then again, this situation also applies to many real business.
With all of that in mind, of course HYIP should be making more money that they can offer to their investors. Some people might think and expect that the ones offering higher rate should be better.
That is just not possible. They still need to make some profit margin. Even if they are legit business, they can still lose money because of whatever reasons. Everytime they lose money, they will eat that profit margin. If they can manage the money right, then they can keep offering their service. It becomes a good business.
For me myself, I prefer those that offers a lower rate but sustainable for long term instead of the others that are offering rate as high as possible but then they are gone within a month. Maybe even less.
So, how about this CryptoMines.biz? This is definitely a risky one compared to the others. Even the lowest rate is still higher than most. At this point, they have been offering their service for 5 years now.
Usually, if they are just trying to scam, they won’t be able to stay that long. Of course, there is no guarantee that this will stay. Even I haven’t reached BEP up to this point and it is possible they will be gone before I reach that 100% return.
There are definitely some joke plans like 150% after one day. I doubt that anybody is willing to invest that minimum amount. I can see that some will invest like up to $1,000 per investor but most of them will just invest like $100, $200 or so.
However, as I said earlier, maybe there are other HYIP who just collect money from investors and they put the money in here. They can easily reach that high minimum. Then they can just send some of the profit to the investors.
I still doubt that it will go more than $10,000 though but, who knows? If that is the case, 4 of the plans are jokes. The rest are still possible and that makes them in higher risk compared to the others.
In this one, they are accepting multiple different payment methods, with some different cryptocurrencies. Those have their own challenges, more things for them to manage. They need to make sure that every option has funds.
Even with just cryptocurrencies, the price is very volatile. The value can suddenly drop and they have to pay with more coins that they might not have. I’ve seen a lot of online websites, not just HYIP, have switch to accept USDT. It is an easier option for them as the value is tied to fiat money.
My concern with offering multiple different plans is that it will be more difficult for them to estimate what they should be making. Somebody can suddenly invest $1,000 and within 2 months they need to make more money. That is assuming just one investor. Within 2 months there can be several investors at least even if not with that amount.
I like that we can start as low as $10 and with lower minimum, the investors have to wait longer before the plan expire. This will limit the flexibility of the investors as they will just wait for the current one to complete before starting a new plan. But some, maybe most investors are not rational and they will just go all in.
What’s weird is that there are still some overlapping minimum amount between those plans. Clearly if we already have the minimum of the higher level, we should just invest with the higher one. We can get paid sooner with higher profit.
That’s not being greedy or unreasonable. If the HYIP will be scam, then it doesn’t matter. The risk is still the same, manage by the same people using the same method. It’s not like index fund where they trade the money in different industries that have different level of risk. With higher level plan, we can probably get the money out of the system sooner.
Maybe with shorter plan, investors can somehow forget to reinvest the money right away. So, even if the HYIP is still holding the money but they don’t need to work on it. I don’t know how significant it will help but it is reasonable idea.
Maybe that is how a compounding feature can actually help them. Instead of sending payment, they get to keep the money longer. But then again, the risk is even higher for the higher amount of investment.
The longest plan from this will take 700 calendar days or almost 2 years. Some other HYIP that I have tried can take longer or shorter. But the rest of the other plans will take mostly 140 days or almost 5 months.
I thought that with longer terms, the HYIP will have more time. Maybe in the long run their revenue is still going up even if slowly. On the other hand, I’ve seen other HYIP tend to forget to pay like a month after the request since it takes too long.
If they choose to offer like after 1 day for every plan, that is a red flag for me. This one has it so it puts them into higher risk but I consider the plan as a joke. I mean, how can people expect a company to pay like an hour after the deposit? There are definitely some HYIP that offer hourly payment.
If it is legit, I cannot imagine the workload and risk that the company need to deal with. It is also more volatile from the investors. Like after one day, the profit is enough to open a new investment.
People can say the rate is the same, like 2%. But 2% from $1,000 is still higher than 2% from $1. Company can probably pay the latter but not the former for the long run.
Withdraw as soon as we can from HYIP is always a better option. Which is why it is even harder to recommend the plans from second category. With the 1st category, I can still withdraw once per week.
Ideally, I should withdraw each business day but using Perfect Money, they will charge some fee. This is also a good thing for HYIP at least. With higher amount the investors have to pay more fee. Since it is based on some percentage of the requested amount, it doesn’t matter if we withdraw a couple of times, in general. The rounding up for smaller amount that will force us to pay a bit extra.
With 0.5% fee, for every $2 withdraw we have to pay $0.01. So, if we withdraw less than that, we might end up paying more.
I don’t know if it will be different with other method, especially with cryptocurrency. There are at least 2 problems by using cryptocurrency to invest in most HYIP. They will convert the coin to USD value, which is the same as selling the coins.
Then, if we withdraw, we will buy again the coin, probably with different value. While we are still getting profit in USD value but we may end up losing the amount of coins. So, the timing is important to know when to sell and buy, against a volatile asset.
The other problem is that ideally there should be some minimum amount of coins we can send via their network. For coins like BTC, it can be very high and we probably have to wait longer and withdraw higher amount. This is the opposite of the idea to get the money out from HYIP as soon as possible.
From what I can see, there is no built in trading or exchanging option. We can only get paid using the same payment method that we use to make deposit.
Overall, CryptoMines.biz or any HYIP are already a risky investment. Offering higher interest rate makes them even worse.
They can become scam anytime. Maybe right before we reach BEP or even right after we make the deposit. We will never know, except when it is already happened and all we can do is let it go.
Which is why, in general, I do not recommend anybody to invest in any HYIP. Please do it at your own risk and only spend the money that we can afford to lose.
Referral / Affiliate Program
It seems that there is actually a way to earn money from CryptoMines.biz without starting any investment or even making a deposit to them. It is by using the affiliate or referral feature to earn some commission.
What we need to do is we invite other people to join the program and let them use the service. In this case, the program is CryptoMines.biz and the service is to invest, deposit some money to start the investment.
As the referrer, we will get some commission based on some percentage of the referral’s deposit amount. We can then withdraw the money or, if we can reach the minimum amount, we can use to start investing.
The more referrals we have, assuming they are all making a deposit will increase the commission we can get. If we focus on promoting and keep getting more referrals, then we may have a passive income source without investing.
That is the basic idea. The question is, will this referral feature work as good as it sounds?
How does it work?
Like any other online program offering a referral or affiliate commission, each of their member will get a unique link with their ID attached to it. It is called a referral link or ref link and this one below is mine for CryptoMines.biz.
https://cryptomines.biz/?ref=homeofmark
If anybody click on that link and join the program, they will become my referral. And if they use the service, make a deposit to start their investment, based on their homepage, we as the referrer will get from 5% up to 10% from the amount of referral’s deposit. The rate will be higher by having more referrals.
5% for up to 500 referrals, 7% for up to 1,000 referrals and if we have 1,001 or more the commission rate is 10%.
So, if the referral make a $10 deposit, the referrer will get $0.5. They will pay the commission only if the referral make a deposit from outside the platform. Reinvest doesn’t count.
That is just from direct referral or Level 1. They are also offering referral commission from the Level 2 with 2%. So, if our referral can invite other people, those invited people will become our Level 2. If those Level 2 make any deposit, our referral will get 5% and we get 1%. There is also commission from Level 3 with 1% using the similar idea.
Assuming the referral feature works, what we need to do is just share the link to anybody on any online platform that we regularly use. The platforms can be our social media accounts, forums, emails, group messengers for family or friends or even blog and website that we own.
Anywhere we can post the link and the public can access it will do. Even Google Docs can work.
To find the link, we can just sign in to our CryptoMines.biz account and on the DASHBOARD, there is a section that will say REFERRAL LINK. The link will be similar as mine above but with different username at the end.
Alternatively, we can also find the same link from their PROMO menu. This page will have several promotional banners in different shapes and sizes that we can use to promote the program. Each banner already has HTML code ready to be used.
Use the yellow copy button to make sure that we copy the complete link. Missing even just a single character means losing a potential income source.
There is also a menu that says REFERRALS. Here we can find the total number of referrals that we have invited, the number of active referrals and the total commission we have earned from them.
How to get (more) referrals?
Well, sharing the link is a must but how exactly? Sharing to the wrong people is like a salesman approaching stranger. People hate that.
If we try to share on our social media, people might get annoyed if they are not interested. Especially if we are spamming, sharing over and over again like multiple times within a day.
We could lose our followers, risking any network we have built. Maybe it’s better to have alternate account specifically just to share this kind of program.
We look for community or other users that we know are interested. Then we can share with them the link.
A better way might be to share on forums. Not just any forum of course, but related to online money making program and maybe investment.
The problem with using any free platform like this is that we are probably not the only one who promote the same program. We have to offer something more than just the referral link like anybody else.
Another thing is that these free platforms have rules that they can suddenly change about promotion and not to mention, shutting down their service entirely. We have to start over our campaign if they delete them.
A better way would be to have our own website. We can share anything not just one program but others with the same, similar or related topics.
Having a website is like having a shop in real life. People can always come back to and find out more programs to use.
Then we can use those free platforms, forum or social media accountsย just for promotion. A good way to get backlink or generate traffic.
Since it’s an online shop, it will stay open 24/7, no need to wait for us to wake up and can be accessed from everywhere around the world. The best part of having our own place or website is that any search engine like Google will do the promotion work non stop.
And they will show the website as a result to exactly people who are interested in it. The people that use the search engine to look for it and get the website we build as the result. No need to worry about being annoying salesman.
Those people will access the website, see what we have to offer. Maybe a review like this, other or similar program we use, sharing experience, opinion, views to let people know that we understand this kind of program.
If they are interested, they will become our referrals for any program we promote. Once we have enough referrals for CryptoMines.biz or every programs we promote, we can have passive income even full time income.
That is exactly how people can build their business online. They own a website, fill the website with contents that can help promote a program, and let it work automatically.
If you are interested to know more about how to build a website and turn it into an online business, keep reading. I will share with you later about a training program that anybody can use.
In the meantime, let’s head back to CryptoMines.biz for a little bit.
Comment and Suggestion
Again, in general, I would not recommend anybody to use or invest on any HYIP, including CryptoMines.biz. Since we have to make a deposit while we can earn money for free from other programs.
What I’m doing here is just sharing my experience and what I know about any online money making program. So, if anybody is willing to join this program and invest their money here, please do it at you own risk.
Read again the warning section above.
At this point, I also haven’t gotten any referrals for CryptoMines.biz. So, I cannot tell for sure whether their referral feature is even working. What I’m going to say here is based on my experience with other programs with referral features as well.
Most HYIP are offering similar feature. However, among all HYIP with Gold Coders script, this is the second one that has probably the best presentation. At least they are not just use the template but they do design promotional banners.
We can also easily find the referral links on two pages. So, that’s an improvement at least.
The only missing part from similar programs is the tracking system. If it is available, we can tell whether the link got hits from wherever we shared on. While it can give a good info about our promotional campaign but that feature on other programs were not very detail. Maybe Gold Coders has a different script with better version of it.
But none of them really matters if the feature doesn’t work. The link is still the most important tool.
As I said before, we can only get commission if our referral make a deposit from outside. So, redepositing from the account balance after the previous one get expired will not get the referrer anything.
If somehow the referral is planning to make deposit and withdraw the funds completely then deposit again, not really sure but this should give some commission to the referrer. So, with my suggestion above on how to lower the risk for investing here, I can earn more commission but I still stand with my reasoning.
Again, I don’t recommend anybody to invest here or any HYIP program.
The commission rate, 5% is actually high among other HYIP. Other programs can offer only up to 1% or lower. Usually, we even need to have certain minimum number of referrals before getting that rate.
One concern about this is whether the referrals have to be active or not. If we do get some referrals, some of them will just join and do not use it at all.
So, if they also require the referrals to be active, it will take a long time before we can even increase the rate. I suggest just forget about the extra and consider the just the lowest possible rate.
But not every referral will make a deposit. Usually only a small percentage of them will. So, it is still possible but we need many more referrals than just 20. That 20 is because we get 5%, imagine that with other programs with just 1% commission rate or less.
Another issue is that CryptoMines.biz is accepting payments from multiple different methods. I don’t know for sure but it seems the system will count them as separate balance. So, we still get like $0.5 commission but one can be for Perfect Money balance and others can be from Bitcoin or other supported cryptocurrencies.
It will be great if they have an exchange feature but up to this point, there is not. So, if we expect to start investment, we need at 20 active referrals for one payment system.
Otherwise, we should just withdraw the commission. This can be done with the Perfect Money for now as we can withdraw as low as $0.01. I’m not really sure about the cryptocurrency methods. They depend on the actual price or value of each coin.
Withdrawing is basically buying those cryptocurrencies. With high value coin, we probably need higher amount before we can transfer it. Then there is another transaction fee that we probably need to pay for every withdraw.
If we invest on several other programs like this, we can accumulate those small commission faster. Eventually we can reach $10 and invest on CryptoMines.biz.
There are others where we can start lower like $1 with CityBuildTrade.com. Not that I would recommend it in general.
Getting referral might be easy but referral making a deposit is very rare. Expecting them to invest can still happen but very unlikely. Even I try not to add more than just reinvesting the profit while taking a bit of them overtime.
So, it could work long term and become a passive income but it’s not going to happen anytime soon or that often.
The reputation about a HYIP is already bad. We could jeopardize our relationship with other people by promoting this very risky program where they could lose the money.
For those who don’t really like promoting, especially directly, we can earn more free money faster using other online earning program. That way we can start the investment sooner.
Check this article for other earning programs.
Inviting other people doesn’t always mean they will make a deposit right away, if ever. Since this is already an investment program, we can already have a passive income.
There is no need to focus on promoting this program just to build long term passive income. You can find other programs on this website with no risk, we can earn right away for free.
I suggest look for programs where they offer investment as their secondary feature. Usually from the main feature, we can earn free money. This way, people can decide later whether they want to invest or just withdraw the earnings.
Check out the COMPARISONS section of this article for programs where we can earn free money with invest. There might be more. Check out the previous link to find out the latest update.
Deposit and Withdraw
Now that we have learned about the investment and how to earn commission from CryptoMines.biz, we need to learn how do they handle payment. How do we make a deposit to start the investment and how do we get paid after that?
Currently, CryptoMines.biz is accepting payments using multiple different methods. We can use Perfect Money, Payeer, AdvCash, EPayCore, NixMoney, PayPal, Visa/Master Card and a number of cryptocurrencies like BTC, BCH, ETH, USDT from both ERC-20 and TRC-20, LTC, XRP, BNB, DASH, DOGE, TRX and BTG.
For CryptoMines.biz, I have only tried using Perfect Money. Aside from that for other platforms, I have tried using Payeer and some of those cryptocurrencies.
From what I understand, we can only get paid using the same method as the deposit. There is no built in exchange feature.
Regardless of the methods, all deposits will be handled in USD value. So, if we make a deposit using cryptocurrencies, we are essentially selling the coins to purchase USD. Then, when we withdraw the funds, we are purchasing back the coin using the value at the time of withdraw.
Non cryptocurrency method like Perfect Money and Payeer actually support other fiat currency like EUR. I think we need to spend specifically the USD option as they will not convert the other currency to USD.
We can use this link to create account with Perfect Money for free. After that we need to fill the balance with some USD funds before we can make a deposit to CryptoMines.biz or any HYIP to start the investment.
Usually there will be local online merchants that are willing to trade any local fiat currency for Perfect Money USD. I recommend checking BestChange.com.
The similar goes for using Payeer. We can use this link to create account with Payeer.
In this section, I will only share my experience on using Perfect Money.
How to Invest / Deposit
Making a deposit to CryptoMines.biz means starting the investment immediately. There is no option just to add the balance and choose the investment later or just to withdraw the funds right after.
To make a deposit, after we sign in, we can click on the menu on the left that says DEPOSIT. This will bring us to a page similar to the previous picture above.
On that page, we first need to choose the investment plan out of those 12. Each will tell us the minimum and the interest rate for that amount.
Once we have chosen the plan, the INVEST part should have an orange color instead of gray. From my example above, I chose the second plan, which says 3% DAILY.
Next, we can scroll down on that page and we will find all of the supported payment methods as shown by the next picture below. We can either choose to deposit from outside the platform or from the available balance.
For the first time deposit, we have no choice but to choose to deposit from outside or processor. We can click on any method and the chosen one will have an orange color instead of gray.
Next, we can scroll down on the page again to find the field to enter the amount of money in USD value. As a default and the minimum, it will already enter $10 but we can choose to deposit higher than that.
Right below that, we can find a drop down menu for COMPOUNDING option, if we choose one of the plans from 1st Category which are labeled as DEPOSIT RETURNED. The 2nd Category won’t have this option.
We can choose the percentage we want to reinvest to the current plan between 0 up to 100% Once we’ve finished, we can click on the SPEND button to proceed.
The page will then show a confirmation page, similar to the second picture below. We can check again before clicking on that PROCESS button to proceed to the payment method’s page.
As shown by the third picture below, this is the Perfect Money page. Here we can find CryptMines.biz account ID for Perfect Money, which is U12456834 with PayKassa as the name. The account type is VERIFIED with over 500 Trust Score Points and Normal credit rating.
At the bottom, there will be 3 options to pay and for this example, I chose the first one, which is the USD balance in my Perfect Money account. We can click on the MAKE PAYMENT button to proceed.
As we can see from the fourth picture below, here we need to authorize the payment by signing in or entering our sign up ID with Member ID, password and the turing number. We can then click on the PREVIEW PAYMENT button to proceed.
If we choose a different device, browser or IP to enter the Perfect Money account, Perfect Money will send a PIN code via email. We need to copy and paste the code onto the next page as shown by the fifth picture below and click on the CONTINUE button to proceed. The PIN should have 7 digits or so.
As shown by the sixth picture below, here is the final authorization for the payment. This will be the last time if we want to cancel the payment. The page itself will calculate the amount we need to pay plus extra fee, which in this case, 1.99%.
At the bottom we can see again the Member ID we use and the which balance to pay them from. Once we are done, we can click on the CONFIRM PAYMENT button to proceed.
The next page we see will be the payment report page as shown by the seventh picture below. Here we can find the batch number of the transaction if we want to check again later in our Perfect Money account.
We can click on the CONTINUE button at the bottom of that report to return to CryptoMines.biz page. As shown by the 8th picture below, the page will say that they have received the payment.
We can check again whether it’s been activated or not by clicking on the ACTIVE DEPOSIT menu. As shown by the 9th picture below, we can see the remaining days before the plan will expire, an option to change the compounding, profit of the day and total profit under the chosen investment plan section.
If we can find that, then the investment has started. Depending on the plan now we just need to wait until they send the payment to our CryptoMines.biz account.
That is it with how to invest or make a deposit to CryptoMines.biz to start an investment using Perfect Money.
How to withdraw
Once again, this is how we can withdraw funds from CryptoMines.biz using Perfect Money method. To withdraw, we can first click on the menu on the left that says WITHDRAW. This will bring us to a page similar to the next picture below.
As we can see there, the page will have a list of all payment methods, each with available balance, and pending withdrawal. At the right end of each method, we should see either payment ID or EDIT ACCOUNT button.
We need to register the payment ID first before requesting a withdraw. Clicking on that EDIT ACCOUNT button will bring us to the SETTING PAGE where we can enter those ID.
After that, we can go back to the WITHDRAW page again and choose the method, indicated by the orange color again. We can then scroll down on that page where we can enter the amount of money we want to withdraw and another field for the message.
To proceed, click on the REQUEST button at the bottom. As shown by the third picture below, the page will show a confirmation page. Here, we can find the minimum, the maximum amount to withdraw and the additional fee.
I’m not sure about the other methods but for this one, using Perfect Money, they will charge 0.5% fee. The credit amount is after substracting the requested amount.
After that, we can click on the CONFIRM button at the bottom to proceed. In this example, after that button, the page will go back to the Withdraw page again but with an announcement.
It will say that the INSTANT WITHDRAWAL HAS BEEN PROCESSED, followed by the Batch number. The fifth page below is the payment report on PERFECT MONEY account.
The entry from MY PM is the one from CryptoMines.biz using U36819017 as the payment ID. That ID is different from the ID we send the money to when making a deposit.
So far, at this point, I have requested 3 withdrawals and all of them have been instant processed using that same ID. For each withdraw, the system will send two emails for the request and for the processed payment. The email is from support@cryptomines.biz.
That is how we get paid from CryptoMines.biz using Perfect Money method.
My Withdraw
Here are the reports for every withdraw that I have requested and the time I got paid from CryptoMines.biz. Based on my first couple of withdraws, the payments were all instant. Let’s see if they can keep sending the payment that fast.
1st payment. Paid at 10:57, 4 July 2022 (GMT+7), instantly. Status paying with 10% ROI.
2nd payment. Paid at 17:33, 11 July 2022 (GMT+7), instantly. Status paying with 20% ROI.
3rd payment. Paid at 16:55, 18 July 2022 (GMT+7), instantly. Status paying with 30% ROI.
4th payment. Paid at 17:15, 25 July 2022 (GMT+7), instantly. Status paying with 40% ROI.
5th payment. Paid at 14:04, 2 August 2022 (GMT+7), instantly. Status paying with 50% ROI.
6th payment. Paid at 10:47, 6 August 2022 (GMT+7), instantly. Status paying with 60% ROI.
7th payment. Paid at 10:29, 13 August 2022 (GMT+7), instantly. Status paying with 70% ROI.
8th payment. Paid at 14:08, 20 August 2022 (GMT+7), which was about 4 hours since the request. So, this time wasn’t instantly as it used to. Status paying with 80% ROI.
9th payment. Paid at 10:30, 27 August 2022 (GMT+7), back to instantly. Status paying with 90% ROI.
10th payment. Paid at 10:27, 3 September 2022 (GMT+7), instantly. Status paying with 100% ROI. That means this has reached BEP.
11th payment. Paid at 10:23, 10 September 2022 (GMT+7), instantly. Status paying with 110% ROI.
12th payment. Paid at 10:02, 17 September 2022 (GMT+7), instantly. Status paying with 120% ROI.
13th payment. Paid at 10:34, 24 September 2022 (GMT+7), instantly. Status paying 122% ROI.
The current plan should end after about 18 weekly payments. I will update this section once I get the money.
Comment and Suggestion
The best recommendation with using any HYIP is always try to withdraw as soon as possible. I guess, maybe I should have withdrawn every business day instead of weekly. Luckily, with Perfect Money, we don’t pay fee for accepting payments.
This is a good way to cut the loss. Again, this HYIP program can turn into scam anytime. Before we get our money back, reach BEP, we should not try to compound. The key of investing is to diversify so it is recommended to withdraw and probably invest the earnings on something else.
That way we could still increase our investment but lowering the risk.ย Most of other HYIP will process them manually. Some can take like 3 hours and others can take more than a week before we receive the money.
That s also another reason why I can’t really recommend using this kind of programs. We will always wonder whether we are going to get paid or get scammed. Before we make a hasty judgement, it is recommended to check every monitoring programs, and see when was the last time they got paid.
If we are not ready to deal with that, we should look for other investment programs.
On one hand, I always say that with manual payment, it will give flexibility for the HYIP. But maybe that is not a good thing for investors. With instant payment, it’s reassuring and we will worry less whether they become scam or not.
It’s a good thing that they are offering different payment methods. As I said before, I cannot really recommend using any of the cryptocurrencies because of the volatility with the price and they are also less flexible with the minimum and transaction fees.
It is possible that I eventually have to use a different currency if they choose to stop using Perfect Money. The common method to switch to is USDT with the Tron network. USDT is not my favorite but probably the best choice at this moment.
The minimum is probably higher than Perfect Money so it will take even longer.
About Perfect Money method, this is probably the second one to charge a fee from all other HYIP that I have been using. Luckily, it is based on the percentage from the requested amount instead of fixed amount each payment.
As I said before, it doesn’t matter if we withdraw once or several times as long as we withdraw like $2 at least. If we request below that amount and they choose to round up, we can end up paying more than 0.5%.
Back to the idea of getting money out of the platform as soon as possible, that fee might not be a bad deal. Maybe this can also sustain the HYIP to stay in business for longer time.
One thing that stands out about CryptoMines.biz is that we can easily change the payment ID. Some other HYIP with Gold Coders script don’t have that flexibility. We need to contact them to reset it for us.
On the other hand, maybe it is a bit dangerous as anybody who has access to our account can just change it to their and have our money send to their account. There is a notification when we do change things but if the payment is instant, it might be too late by the time we read that notification.
In the SECURITY menu, there is an option to use Google Authenticator app to prevent unauthorized change. We can alsoย set a detector when the account is accessed using different IP address and browser. It’s a nice feature but if we do withdraw the money regularly, maybe we don’t need to worry about this.
Using multiple payment options can be both risky and helpful. Risky because they need to manage different funds, dealing with the volatility of cryptocurrency price. On the other hand, relying on just a single method means it can be taken down by other things like government.
I heard that Perfect Money will stop supporting this kind of programs. If that means, the HYIP will lose all of their money, then it is possible that they will become scam not long after that.
I don’t mind having alternative but not that many methods. From the cryptocurrency method, I’m surprised that somebody is still using BTG.
For those who don’t have any money to start investment right away, we can try to earn free money from PTCShare.com first. They will pay in USD to our Perfect Money account. It will take a while before we can reach the minimum to start the investment but it is one way to go if we don’t want to spend the money from our pocket.
Learn more from my PTCShare.com Review.
We can also earn more free cryptocurrencies from various websites like cryptocurrency faucet, PTC and other types that are not HYIP. I still don’t recommend investing in HYIP but we can invest those earnings instead of the money we cannot afford to lose.
Learn more about other online earning programs from this list.
Status from Monitors and Forums
Once again, I don’t recommend anybody to invest in here considering how risky this type of program can be. But some people might be willing and ready to take the risk and still want to try it. Please do it at your own risk.
I might post and report the payment I got from CryptoMines.biz here. But I could be in the middle of depositing terms and need a week or several to know if they suddenly stop paying.
Or I could be just lucky while they fail to pay other users. It is best to double check other HYIP monitoring program or group discussion on any forum we can find.
I suggest doing it even right before we hit the DEPOSIT button. Below is the list of some links to forum and monitoring program that we can check about CryptoMines.biz.
We don’t have to trust every single website or every review on those websites. For me, Goldpoll is probably the one that I’ve been checking on primarily.
I did send Goldpoll a report of problematic program once using the form from their left navigation widget. Not long after that, they changed their status for the program and I got paid right after. Or, it could be just a coincidence.
I encourage anybody who are investing in any HYIP to do the same. Do research, report to any monitor if we get some problems with payments.
Alternatively, I’ve been checking HYIP.biz to find more info.
Here are some monitors that have been testing CryptoMines.biz.
All HYIP Monitors .com – cryptomines.biz
Hyipmonitors24.net – cryptomines.biz
PHYIP.com (Powerful HYIP Monitoring) – cryptomines.biz
invest-tracing.com – CryptoMines – cryptomines.biz
sqmonitor.com – cryptomines.biz
hyipexplorer.com – CryptoMines Limited | cryptomines.biz
hyip-zanoza.me – Cryptomines reviews – cryptomines.biz
investors-protect.com – cryptomines.biz
Conclusion
CryptoMines.biz is another HYIP with Gold Coders Script. This is the second one that I’ve tried with modern, better presentation but works almost the same as the old ones.
They are offering like 12 different plans but can be put into 2 big categories. The first category is where they will pay us daily, each business day and return the principal at the end of the investment.
For the second category, they will only pay once which is at the end of the term, including the principal. Using the first category, there is a possibility to compound the interest, add them to the current principal. We will lose the chance to withdraw those profit but the next day, for certain threshold will increase the daily profit.
The first category has 5 different levels while the second category has 7. Each level from the first category will have different minimum deposit and interest rate. Aside from the first or the lowest level, the other level even has sublevels.
In general, to get higher interest rate the plan requires higher minimum deposit. However, the higher the interest rate, the shorter the time before the plan expire. This works similarly with the second category.
The interest rate itself is quite high compared to the other HYIP that I’ve tried, even from their lowest plan. Usually, I consider 2% weekly profit as the reasonable rate for most HYIP.
With CryptoMines.biz, the lowest plan offer like 2.5% weekly profit. It is not that far different and we can start with just $10. However, if we are willing to invest $25, we can immediately get to the second plan which will give us 2% daily each business day.
The problem is now, everybody can just invest with the higher plan instead of going with the lower one. A lot of investors can go at least $100 or $200 so that 2% daily will be like their standard which is way higher compared to the standard from all other HYIP that I have tried.
Maybe it’s good for the investors, assuming that the HYIP can and will keep paying that much. While the other HYIP that offer lower rate can use their revenue to increase the profit margin for their company, in this one, they will just send it to investors.
In my opinion, this will put them in a higher risk. They will more likely to fail sooner. That is based on their second lowest plan. Even though their several top highest plans can be a joke, but there are others that can give too much workload for the HYIP to survive.
On top of that, this one accepts multiple different payment options and one of the option is to use cryptocurrencies which also have multiple different coins. While having alternative would be good but having a lot of different options means they also need to manage each of them individually.
Cryptocurrencies themselves already have a volatile price. It is not as flexible when we want to withdraw them as soon as possible.
So far, from my first couple of withdraws, all of the payments were processed instantly. It is very impressive if they can keep doing this.
One thing that is different from the other is that they do charge withdraw fee, at least if we are using Perfect Money. Maybe it’s a good thing for them to help them gain more revenue.
For investors, it doesn’t matter if we withdraw once or several times because they use percentage of the requested amount. We just need to make sure that we do not request too many withdraws under $2 as we might have to pay more.
They claimed to have been around since 2017 but most of the monitors or testers showed as if they came out from 2022. Maybe they are just using old domain name which was registered from that time.
The generous rate from CryptoMines.biz also come from their referral commissions. They are offering multi level commissions up to 3 Levels with up to 10% for the first level, 2% and 1% for the second and third level.
For the first level, even with 5% as the base rate is already very generous compared to other HYIP. This will put them into even higher risk.
Even some of those 2% weekly profit HYIP didn’t survive. I suspect this one will not stay that long.
In general, I don’t recommend anybody to invest in any HYIP program including CryptoMines.biz. If anybody still want to do it, they should do it at their own risk. Please read the WARNING section of this article before making that first deposit.
You can use this link to create account with CryptoMines.biz to start the investment.
Other Investment Program
Last Update: July 2022
For the latest update, check out this investment program section in this article. I probably have tried more programs but haven’t written a review for.
Also find out more about alternative way to earn online on that article.
Here are other investment programs that I am currently using. Some of them are also HYIP with rather high interest rate with the same level of risk.
But there are also other investment programs that are not HYIP programs but with lower interest rate and probably less risky.
Please read the article to find out the latest update of each program. There is a chance that they are no longer available and I forget to update this section by the time anybody read this.
7-Lion.com(HYIP, 4% Bi-Weekly Profit, USD)
Billion-Stars.com (HYIP, 2% Weekly Profit, USD)
CityBuildTrade.com (HYIP, 2% Monthly Profit, USD)
Crypto7.com (HYIP, 0.07% daily profit, USD)
Cyber-9.com (HYIP, 4% Bi-weekly profit, USD)
Cyber-Bank.cc (HYIP, 2% weekly profit, USD)
Fine-China.biz (HYIP, 2% Weekly Profit, USD)
Funds-Broker.com (HYIP, 2.1% Weekly Profit, USD)
LightAssetsLTD.com (HYIP, 1.08% Weekly Profit, USD)
LuxioProfit.com (HYIP, 2% Weekly Profit, USD)
OnlineDividends.com (HYIP, 3.15% Weekly Profit, USD, Cryptocurrencies)
Rhythm-and-Profit.com (HYIP, 2% Weekly Profit, USD)
SafetyDepositary.net (HYIP, 1% Weekly Profit, USD)
Seven-Stream.com (HYIP, 2.05% Weekly Profit, USD)
SolidTradeBank.com (HYIP, 2% Weekly Profit, USD)
Titan-Bank.com (HYIP, 2% Weekly Profit, USD)
TopTradeCapital.com (HYIP, 1% Weekly Profit, USD)
UCTraders.com (HYIP, 2% Weekly Profit, USD)
UnchartedWealth.com (HYIP, 0.05% Daily Profit, USD)
White-Wolf.biz (HYIP, 2.1% Weekly Profit, USD)
FreeBitco.in (Cryptocurrency Faucet and Investment, 0.01% Daily Profit, Bitcoin)
Cointiply.com (Cryptocurrency Faucet and Investment, 0.014% Daily Profit, Bitcoin)
Free-Litecoin.com and group (Cryptocurrency Faucet and Investment, 0.02% Daily Profit, Multi Coins)
StakeCube.net (Cryptocurrency Staking and Investment, 0.02% Daily Profit, Multi Coins)
SimpleBits.io (Cryptocurrency Staking and Investment, about 1.64% Daily Profit, Multi Coins)
CryptoWin.io (Cryptocurrency Staking and Investment, about 0.14% Daily Profit, Bitcoin)
Final Words
HYIP is not the best way to use our money. Even if we use the free money we get from other online program that you can find here on my website.
Here is my list of all online earning programs that I have used.
HYIP is like gambling. There is a big chance that we will lose the money and people would not consider this as a legit way to make money.
Instead, we can invest on our own online business.
If you want to know more about how to start online business, there are a lot of training out there like this one. We can learn about how to set up a website and build content and how to make money online. You can read my review here about them.
Spend and invest our time and money to build a website that can generate an income for ourselves. Unlike investment on HYIP, where if we lose the money we lose everything and need to start over.
If we invest on our website, our hard work can eventually pays off. The only way to lose our investment is if we give up on it or abandon it. We just need to spend some little time everyday and it will grow.
Building a business requires time and hard work. Even Jeff Bezos need two years before Amazon reach return of investment.
The same thing can happen for us on building online business. The sooner we do it the sooner we become successful.
I realize that not everybody still have the time to do this but at least use the money to pay outsource to help you build the website. We just need to learn and understand how the it works and we can pay somebody else to do it for us.
You can learn everything there in the training. Try it, it’s for FREE.
Anybody can use it. Even for a guy without a college degree.
That’s all I can share with you regarding CryptoMines.biz. Maybe I missed something and if you have something to add, please use the comment section below, I would be happy to learn.
Hope this helps. Thanks for reading.
Mark M.