Are you looking for an in-depth Fairmining.cc review? You’re on the right page! In this review, we will talk about what the website is all about, its promises, and if it is a good idea to invest your money there. As of the writing of this review, Fairmining.cc has been online for 71 days. It currently has 129,165 users according to their website.
The FairMining.CC Website Review:
The Fairmining.cc website looks simple and straightforward. According to their homepage, the entire process only involves three steps: Registration, Mining, and Profit. They claim that registration is fast and easy, and mining is clear and transparent. They also claim that they are honest and that they offer a profitable system. At the bottom of the homepage, they provided their contact e-mail which is admin@FairMining.cc.
Let’s take a look at the other pages on their website. The Calculation page contains a calculator that you may use to calculate your potential daily profit. They accept the following currencies: USD, BTC, LTC, and DOGE. For every $1 you invest, you’ll get 100.00 GH/S. Under the calculator, you’ll see a Level Table that looks like this:
According to their Level Table, there are 11 levels (0 to 10). They promise their investors 1% to 3% daily profit depending on the quantity of GH/S purchased.
The Partners page contains information about the commission rates they offer to their members.
They offer 7% commission from first and second level referrals. They also offer 5 GH/S per FairMining registration under your referral link.
On the FairMining FAQ page, you’ll see their frequently asked questions and answers.
On this page, they explain how their system works. Basically, FairMining enables your computer to be a mining machine. They define mining as an activity that involves maintenance of the distributed platform and creation of new blocks that opens a possibility to generate or receive compensation in a form of emitted currency as well as commission fees in different cryptocurrencies.
The currencies that can be mined through their system include Bitcoin, Dogecoin, Litecoin, GH/S, and USD. They accept the following payment methods: AdvCash, Bitcoin, Dogecoin, Litecoin, and PerfectMoney. They said that they may add more payment methods in the future.
The minimum deposit amount is $1 USD, which is equivalent to BTC 0.001, DOGE 1000, or LTC 0.1. They promise between 30% to 90% profit per month, depending on the member’s investment size. They also said that deposit works on a term-less basis.
Now, let’s talk about their withdrawal rules. According to FairMining.cc FAQs section, members cannot withdraw the principal. They claim that withdrawal requests are processed within 48 hours.
They have a two-level affiliate program. Members can earn 7% commission for first and second level referrals. That means 7% of the GH/S amount purchased by the referral. In addition to that, they also offer 5GH/S commission per successful FairMining membership registration under your referral link.
They also have a Statistic page where updated exchange rates, last deposits, and last payouts are listed. It looks like this:
If you check the Last Payouts section, you’ll see that they released payouts recently. However, the payout amounts are below $2.
They also have a News page that looks like this:
There are only two news updates on this page as of the writing of this FairMining.cc review. They posted updates within the past two months but no update so far for this month (June 2018).
They have a couple more pages where you can Sign Up and Sign In. There are also three available translation options on their website: English, Portuguese, and Spanish.
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The FairMining Contract: What FairMining.cc Contract Promises? Review
FairMining promises between 1% to 3% daily profit. They use a level system where members can start with up to 149 GH/S at level 0 with 1% daily profit.
- Level 1 members who have between 150 and 399 GH/S will get 1.2% daily profit.
- Level 2 members who have between 400 and 2499 GH/S will get 1.4% daily profit.
- Level 3 members who have between 2500 and 9999 GH/S will get 1.6% daily profit.
- Level 4 members who have between 10000 and 24999 GH/S will get 1.8% daily profit.
- Level 5 members who have between 25000 and 49999 GH/S will get 2% daily profit.
- Level 6 members who have between 50000 and 99999 GH/S will get 2.2% daily profit.
- Level 7 members who have between 100000 and 249999 GH/S will get 2.4% daily profit.
- Level 8 members who have between 250000 and 499999 GH/S will get 2.6% daily profit.
- Level 9 members who have between 500000 and 999999 GH/S will get 2.8% daily profit.
- Level 10 members who have at least 1000000 GH/S will get 3% daily profit.
The FairMining Affiliate Program
Member’s referrals are called partners. FairMining offers bonuses for members who introduce the system to their friends. They offer 7% commission from first and second level referrals. They also offer 5GH/S bonus for each FairMining registration done from a member’s affiliate link.
It seems that this affiliate program works well. Even though the site has been online for only 2 months, they now have over 100,000 members.
About FairMining Company: Domain Registration Details
One important page is missing on the Fair Mining review website. I am talking about their About page. They do not talk about who’s behind the company in their FAQs. So, I looked them up on Whois.com and found out that their domain was registered on April 7, 2018. Their company name, physical address, and phone number are not disclosed.
FairMining Deposits and Withdrawals
FairMining minimum deposit is $1 USD or 0.001 BTC or 0.1 LTC or 1000 DOGE. The payment methods that they currently accept include Payeer, PerfectMoney, and AdvCash.
FairMining minimum withdrawal is $1 USD or 0.002 BTC or 0.1 LTC or 3000 DOGE. Withdrawals are processed between 1 to 48 hours.
Note that principals cannot be withdrawn.
FairMining Account Blocking Policy
FairMining has an account blocking policy. Members who are caught doing any of the following will be blocked from the platform:
- creating more than 1 account
- promoting the site with SEO without investing
- insulting members or admin people
- damaging the property of members or admin people
Fair Mining Security Issue Reviewed
On May 2, 2018, FairMining released a report about a DDOS attack on their server. The website wasn’t accessible during the said attack, but mining continued. FairMining admin assured that they took appropriate measures to ensure that the issue won’t happen again.
Is FairMining a Scam?
While FairMining’s offers sound promising, I have seen a lot of withdrawal complaints from their members. They say that they invested a lot on the platform but never received any payment from them. This is a major red flag.
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Conclusion: Do I recommend FairMining.cc? The answer is NO
The FairMining review website looks good and their offers look promising, but it looks like they don’t live up to their promise of a simple and stable way to achieve financial independence. I don’t think one should send money to a website that does not disclose information about their physical address or telephone number. If they are truly legitimate, they should be transparent to their investors or members by providing information about their background as well as all of their contact information. They should also address withdrawal request issues that their members are experiencing.