Each day Mines, aka TheDM, MyDMFarms and TheDMFarms, fails to supply possession or govt info on its web site.
DailyMines’ present web site area (“thedm.cloud”), was privately registered on October thirty first, 2023.
Each day Mines initially operated from “dailymines.com”, privately registered in August 2021.
DailyMines launched on its authentic .COM area in or round June 2023. It’s not clear why DailyMines deserted it authentic web site area.
Different secondary web site domains related to DailyMines embody:
- dailymines.web – lively area, privately registered October twenty seventh, 2023
- dailymined.ltd – lively area, privately registered October twenty seventh, 2023
- dailymines.stay – lively area, privately registered October twenty ninth, 2023
- dailymines.tech – deserted area, privately registered October thirtieth, 2023
- dailymines.world – deserted area, privately registered October thirtieth, 2023
- dailymines.me – deserted area, privately registered by way of a Russian deal with on October thirtieth, 2023
- dailyminesglobal.com – deserted area, privately registered on October twenty first, 2023
- dailyminesofficial.com – deserted area, privately registered in December 2022 (final up to date December nineteenth, 2023)
- dailymineslive.com – deserted area, privately registered in December 2022 (final up to date December nineteenth, 2023)
- joindailymines.com – deserted area, privately registered January 4th, 2023
- mydailymines.com – deserted area, privately registered October twenty sixth, 2023
- dailyminesnetwork.com – deserted area, privately registered October twenty first, 2023
- thedm.biz – lively area, privately registered November 2nd, 2023
- thedmfarms.com – deserted area, privately registered November eleventh, 2023
- mydmfarms.com – lively area, privately registered on November sixth, 2023
There are seemingly different unknown DailyMines web site domains.
As of November 2023, SimilarWeb tracked high sources of visitors to DailyMines’ main .CLOUD web site as India (82%), Slovenia (4%) and Canada (2%).
There’s a excessive likelihood whoever is working DailyMines has ties to India.
Russia can also be a risk. Over on YouTube we’ve actors with numerous accents taking part in DailyMines executives.
That is “Dean Thomas”, Each day Mines’ purported “Cheif Advertising Officer”.
Thomas is performed by Jordan Florit, a UK nationwide dwelling in Venezuela.
Over on Twitter Florit cites himself as “USLC Scouting Marketing consultant. Worldwide Relations at Andrade Sports activities Group. Creator: ‘Purple Wine & Arepas: How Soccer is Changing into Venezuela’s Faith’.”
Probably not certain what he’s doing taking part in pretend govt for sketchy MLM corporations.
Except “Ekatrina”, the remainder of the actors that seem in DailyMines’ advertising movies look like Venezuelan locals.
Whereas India stays a robust candidate, actors taking part in fictional executives is usually the work of jap European scammers (Russia/Ukraine).
In an try to seem authentic, DailyMines gives two addresses on its web site; one within the UK and one in Thailand.
It’s unlikely DailyMines has something to do with both deal with.
As all the time, if an MLM firm isn’t overtly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
DailyMines’ Merchandise
DailyMines has no retailable services or products.
Associates are solely capable of market DailyMines affiliate membership itself.
DailyMines’ Compensation Plan
DailyMines associates make investments funds on the promise of marketed returns:
- Primary – make investments $25 to $4999 and obtain as much as 1% a day for 300 days
- Commonplace – make investments $5000 to $9999 and obtain as much as 1.25% a day for 300 days
- Professional – make investments $10,000 to $49,999 and obtain as much as 1.5% a day for 300 days
- Enterprise – make investments $50,000 to $499,999 and obtain as much as 1.75% a day for 300 days
The MLM facet of DailyMines pays on recruitment of affiliate buyers.
Referral Commissions
DailyMines pays a ten% referral fee on funds invested by personally recruited associates.
Residual Commissions
DailyMines pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary workforce, break up into two sides (left and proper):
The primary degree of the binary workforce homes two positions. The second degree of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary workforce are stuffed by way of direct and oblique recruitment of associates. Observe there isn’t a restrict to how deep a binary workforce can develop.
On the finish of every day DailyMines tallies up new funding quantity on each side of the binary workforce.
Associates are paid 10% of funds generated on their weaker binary workforce facet.
- Primary funding tier associates are capped at $2500 in residual commissions a day
- Commonplace funding tier associates are capped at $5000 in residual commissions a day
- Professional funding tier associates are capped at $10,000 in residual commissions a day
- Enterprise tier associates are capped at $20,000 in residual commissions a day
As soon as paid out on, quantity is matched towards the stronger binary workforce facet and flushed.
Any leftover quantity on the stronger binary workforce facet carries over.
Becoming a member of DailyMines
DailyMines affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $25 funding.
DailyMines Conclusion
DailyMines represents it generates exterior income by way of cloud mining.
No verifiable proof of DailyMines producing exterior income of any sort is supplied.
That’s as a result of, like DailyMines’ pretend executives, no cloud mining services exist.
Because it stands the one verifiable income getting into DailyMines is new funding.
Utilizing new funding to pay affiliate withdrawals would make DailyMines a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve DailyMines of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of individuals lose cash.