MLM Reviews

Purple Mining Review: Legit Crypto With Up To 7000% ROI Or Scam?

Purple Mining

Welcome to my Purple Mining Review!

Recently I have seen some buzz on internet in regards to this crypto mining platform, so I decided to take a closer look.

Probably someone approached you about this opportunity and the juicy up to 7000% Daily ROI and you landed here to see whether it is legit or not.

You are in luck my friend! I will go through the company, products and compensation plan with all the details that is there, so you can make a right decision.

Make sure you PAY close attention and read this to THE End.

Purple Mining Review (Company)

Purple Mining is a crypto mining platform that promises huge ROI once you join their investment plans by investing in BTC.

Landing on their website, there is no information about who runs or owns this company.

Next up was to check their domain registration.

“purplemining.ltd” has been privately registered on August 29th 2020.

Purple Mining domain

Furthermore, they provide a UK registration number on their website.

Here you can see their registration.

Purple Mining Registration

As you can see the company has been incorporated on October 1st 2020.

Since there were no info on their website in regards to who runs or owns the company, I checked the “People” section on the registration certificate.

Seems like someone named DR. Paul Anthony Riley has registered the company!

Purple Mining Owner

Now I did a search on Dr. Paul Anthony Riley and I couldn’t find any digital footprint that connects him to Purple Mining.

I can only assume he is a fake person.

Another red flag here!

Next on the list was to check their website engagement via Alexa rank.

As the time of writing this post, 19.5% of their traffic is from Venezuela, 10.3% from Russia and 6.7% from Mexico.

Purple Mining Rank

Purple Mining review (Products)

They don’t have any retail product or services, with all you can do is signup and start earning by investing in BTC.

They also have a referral program, which I will go into its detail later.

It is very similar to BestMining that I did review on.

Compensation Plan

They have 3 different plans as follows:

  • 1.66% Hourly for 120 hours. Minimum deposit is 0.0005 BTC with a maximum of 10 BTC. Total return is 200% and the referral commission is 5%. You profit every hour.
  • 4.16% Hourly for 96 hours. Minimum deposit is 0.04 BTC with a maximum of 10 BTC. Total return is 400% and the referral commission is 5%. You profit every hour.
  • 7000% After 7 working days. Minimum deposit is 0.5 BTC with a maximum of 100 BTC. Total return is 7000% and the referral commission is 5%. You profit After 7 Days.

Referral Commission

Purple Mining pays commissions utilizing the equivalent uni-level remuneration plan as below.

Unilevel

You get 5% on your first level personal recruit and 1% on your second level.

Purple Mining Referral

Cost To Join Purple Mining

It is free to register and signup for Purple Mining.

Final Verdict

So is Purple Mining scam?

Let’s look at the facts, shall we?

We don’t know who runs or owns the company. There is a guy named Dr. Paul Anthony Riley in their registration paper, however I couldn’t find any digital footprint of him that connects him to Purple Mining.

They are claiming huge ROI without showing any proof.

Additionally, they are not registered with any financial regulator organizations such as FCA.

Any company that promises return on investment and works with exchange of any kind needs to be registered with the appropriate financial regulated of the jurisdiction they operate in.

Purple Mining not being registered, means that they are offering return on investment illegally.

This simply means your MONEY is not safe with them.

I can’t recommend this. It is very high risk and there is no way that you can get your money back if anything happens to these people.( i.e website stops working or just shuts-down)

I hope you enjoyed my Purple Mining review and if you have any questions feel free to ask in the comments below…

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