Dunamis Mining Review (submitted by a customer)

Dunamis Mining provides no information on its website about who owns or runs the business.

The Dunamis Mining website domain (“dunamisglobaltech.com”) was privately registered on October 26th, 2018 (also called dunamismining in several sources).

Further research reveals Dunamis Mining affiliates naming Jeremie Sowerby (see video below) as CEO of the company. According to Sowerby’s personal Facebook profile, he’s based out of Ontario, Canada. Despite this, Dunamis Mining represents that it is an Arizona based Limited Liability Company. Owing to Jeremie Sowerby being based out of Canada, it is assumed that Dunamis Mining is also being operated out of Canada.

Investment Plans and Profits

Dunamis Mining has several “investment opportunities”

The Dunamis Mining Compensation Plan

Dunamis Mining affiliates invest funds on the promise of a daily passive return.

• 13 TH/S BTC MINER CARD (starting from 1300$ with 500 days of hosting included)
• 40 TH/S BTC MINER (starting from 3500$ with 500 days of hosting included)
• 120 K SOLS ZCASH MINER (starting from 4500$ with 500s of day hosting included)

Additional electricity fees are also charged after the hosting period.

The MLM side of Dunamis Mining pays affiliates who have invested to recruit others who do the same. All returns and commissions in Dunamis Mining are paid out in Bitcoin.

Affiliate Program

Dunamis Mining Affiliate Ranks

There are twelve affiliate ranks within the Dunamis Mining compensation plan.

Along with their respective qualification criteria, they are as follows:

• Affiliate – sign up as a Dunamis Mining affiliate and invest
• Prospector – generate 10,000 GV in downline investment volume
• Bronze – generate 25,000 GV in downline investment volume
• Silver – generate 50,000 GV in downline investment volume
• Gold – generate 100,000 GV in downline investment volume
• Platinum – generate 200,000 GV in downline investment volume
• Titanium – generate 300,000 GV in downline investment volume
• Executive – generate 500,000 GV in downline investment volume
• Director – generate 1,000,000 GV in downline investment volume
• Vice President – generate 2,500,000 GV in downline investment volume
• Senior Vice President – generate 5,000,000 GV in downline investment volume
• Chairman – invest 10,000,000 GV in downline investment volume

GV stands for “Group Volume” and is sales volume generated via investment of directly and indirectly recruited affiliates (collectively referred to as a downline).

Note that the Dunamis Mining compensation plan doesn’t disclose corresponding GV to invested funds.

Dunamis Mining pays recruitment commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Dunamis Mining cap payable recruitment commissions down four unilevel team levels.

Recruitment commissions are paid out as a percentage of funds invested across these four levels as follows:

• level 1 (personally recruited affiliates) – 15%
• levels 2 to 4 – 1%

Residual Commissions

Dunamis Mining pays residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into two other positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

Investment volume is tallied up on both sides of the binary team.

Dunamis Mining affiliates are paid a percentage of funds generated on their weaker binary team side.

Note that Dunamis Mining’s compensation plan doesn’t state whether residual commissions are paid out daily, weekly or monthly.

Matching Bonus

Dunamis Mining affiliates are paid a 5% Matching Bonus on “total earnings” paid to personally recruited affiliates.

Conclusion

The following is my experience with the website, payment system and more: The dashboard of the website looks like an unprofessional scam website done in a hurry. My payment for 0.13BTC (1300$) was made 2 weeks ago and I didn’t even receive an e-mail about the transaction being made. I tried to contact support@dunamisglobaltech.com several times but did not receive any reply, so basically I can assume that I lost my money. My package is not even registered in my account. For me it’s an obvious SCAM.

Do you have any experience with dunamisglobaltech.com? Share your opinion by commenting below.