A New Feature on The ProMine Home Page.

There is a very brief news item on the ProMine (reviewed here) website that you might have missed.  There is now a profit calculator on the home page of the website.  This isn’t a really big deal.  However, it is a nice convenience for the investor who would like to instantly know what sort of return he will receive for different investment possibilities.  When using the calculator, remember that it gives what they refer to as “total” profit.  By this they mean “gross” profit which includes your investment.  To get your “net” profit, you must subtract your investment from the amount that the calculator gives.  Here’s the ProMine news item:

A profit calculator is now available on our homepage. It is located under Mining Plans. It is very simple to use, all you have to do is select the Mining Plan, enter the amount for which you want to make calculations and press the “Calculate” button. The calculator shows your daily and total investment returns.

ProMine is still a very new program as it only went online on September 13.  So, it is barely a week old.  In our review of the program, we pointed out that the program is a fairly profitable one.  In fact, it is probably about as profitable as you would like to see for an HYIP and still have a reasonable expectation that the program will be around long enough for you to realize a profit from your investment.  In case you missed our review of the problem, you might want to take a look at it.  Here are our concluding remarks from the review:

ProMine offers three investment plans.  The highest interest plan has a minimum investment that will probably be beyond the reach of almost all online investors.  The remaining two plans provide returns that are fairly lucrative and that break even relatively fast.  These features should make them attractive to a large number of investors.  The fact that the plans are lucrative also implies that the long-term survivability of the program might be at risk.  However, since most investment activity will be in the lowest interest program, this risk would appear to be lessened.  With wise management practices by the program administrators, this program could be a long-term success.

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