The bitcoin cycler scheme Infinity BTC Cycles launched in March 2017, operating without disclosing its owners. The domain registration lists Jairo Enrique Cruz Feria of Webzone Colombia, a detail that also appeared with the bitcoin gifting scam Infinity BTC. This suggests a common operator behind both ventures.

Infinity BTC Cycles offers no legitimate products or services for affiliates to market. Membership itself is the sole offering, with participants recruited to fill positions within the scheme.

The program utilizes a five-tier 2x3 matrix structure. Affiliates join by purchasing a position for 0.01 BTC. Each matrix level requires new and existing members to purchase positions to fill the matrix. When all spots are filled, the matrix "cycles," triggering commissions and advancing the affiliate to the next tier.

The progression through the tiers offers escalating commissions. Level 1 positions, costing 0.01 BTC, generate a 0.026 BTC commission and move the affiliate to Level 2. Level 2 pays 0.04 BTC, Level 3 pays 0.051 BTC, Level 4 pays 0.075 BTC, and the final Level 5 payout amounts to 0.371 BTC.

Beyond these direct commissions, Infinity BTC Cycles also pays residual recruitment bonuses. These bonuses are paid on two levels of downline affiliates cycling out of each matrix tier. For example, a Level 1 downline cycle can yield 0.004 BTC on personally recruited affiliates and 0.003 BTC on their recruits. The residual commission amounts increase with each subsequent tier.

The scheme’s math presents a clear Ponzi structure. An initial investment of 0.01 BTC is advertised to return a total of 0.563 BTC. This return is funded by the investments of later participants rather than any genuine commercial activity. The addition of residual commissions further solidifies its pyramid-like nature.

Ultimately, Infinity BTC Cycles functions as a Ponzi cycler. Like all such schemes, its sustainability depends entirely on continuous recruitment. Once new member sign-ups decline, the flow of investment will cease, leading to the inevitable collapse of the program.