BTC Mining Factory is one of Dragon Mining Tech’s “dragon programs”.
Dragon Mining Tech is tied to the collapsed
Bitcoiin
pump and dump altcoin.
After allegedly raising $75 million dollars for their B2G ICO, Bitcoiin’s anonymous owners
abandoned the project
and did a runner.
Dragon Mining Tech is what’s left and, through spin-off companies like
Start Options
,
Bitcoin Trading World
,
Crypto Mining Space
,
Palilula Mining
,
BTC Trader Online
and BTC Mining Factory, are trying to milk investors out of even more money.
Dragon Mining Tech is believed to have strong ties to China however, like Bitcoiin, who owns and/or runs the company is not disclosed.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
BTC Mining Factory Products
BTC Mining Factory has no retailable products or services, with affiliates only able to market BTC Mining Factory affiliate membership itself.
The BTC Mining Factory Compensation Plan
BTC Mining Factory affiliates invest funds on the promise of a monthly 30% to 40% ROI.
Silver – $500 minimum investment
Gold – $5000 minimum investment
VIP – $15,000 minimum investment
BTC Mining Factory pay both monthly ROIs and referral commissions in B2G.
Referral commissions are paid out on up to four levels of recruitment (unilevel), based on how much a BTC Mining Factory affiliate has invested:
Silver affiliates are paid down two levels of recruitment
Gold affiliates are paid down three levels of recruitment
VIP affiliates are paid down four levels of recruitment
Note BTC Mining Factor
do not
provide specific referral commission percentages.
Joining BTC Mining Factory
BTC Mining Factory affiliate membership is tied to a minimum $500 investment.
Conclusion
BTC Mining Factory claim to generate external ROI revenue through BTC, B2G and ETH mining.
In reality all they’re doing is soliciting real money in exchange for worthless B2G points.
Outside of Dragon Mining Tech and their various income opportunities, B2G is worthless.
Dragon Mining Tech have set up an internal exchange, Thorex, through which new investors pay existing Bitcoiin B2G investors real money for B2G points.
The going B2G rate is set and controlled by Dragon Mining Tech itself.
BTC Mining Factory is one arm through which Dragon Mining Tech offloads pre-generated B2G through.
Ultimately the ROI BTC Mining Factory pay out is imaginary until new investors are duped through Thorex.
Given how Thorex works, BTC Mining Factory is part of a larger B2G Ponzi scheme.
As with all Ponzi schemes, once new investor recruitment slows down so too will newly invested funds.
This will see Dragon Mining Tech’s various schemes collapse.
Investor losses however won’t be realized until affiliates realize there’s nobody left to buy their worthless B2G points.
By then it’ll be too late, much like the original Bitcoiin B2G ICO.
Update 6th February 2021 –
B
🤖 Quick Answer
What is BTC Mining Factory and its connection to Dragon Mining Tech?BTC Mining Factory is a cryptocurrency mining investment program operated by Dragon Mining Tech. It functions as one of several spin-off companies, alongside Bitcoin Trading World, Crypto Mining Space, and others, designed to attract investor capital through mining-related opportunities.
What was the Bitcoiin project and why did it fail?
Bitcoiin was an altcoin project that raised approximately $75 million through an ICO. The project collapsed when its anonymous owners abandoned development and withdrew from the initiative, leaving investors without returns or accountability.
How are Dragon Mining Tech's operations structured?
Dragon Mining Tech operates through multiple subsidiary companies including Start Options, Bitcoin Trading World, Crypto Mining Space, Palilula Mining, BTC Trader Online, and BTC Mining Factory, each presenting different investment vehicles to potential participants.
**What regulatory concerns exist regarding Dragon Mining Tech's
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