This project was moved on HOLD with PROBLEM status! Wait for further updates…
In MinerProfits Review Part 1 , as you could see, we checked the investment plan of the platform in order to make everyone better understand what returns this platform offers to its members. Here is the part with some calculations that were made:
MinerProfits investment plan does not need a conversion factor of 30/22 (calendar days/business days) – you receive your earnings every day without days off.
Let’s check when we reach break even point if we do not use “Principal Back” option.. *Do not forget that we have this kind of option here anytime we decide to use it. We divide 100% by the 1% and get exactly 100 days. After we break even in 100 days all the rest of the time we get our net profit.
Dealing with “FOREVER” plan, we cannot calculate the exact amount of Net Profit, Total Gross Interest and DNI (Daily Net Interest), so we take any possible lifetime of the program to move on to let you see how you can calculate your risk reward ratio… Just as example – MinerProfits brings investors 120 days of profitable work.
To get the Total Gross Interest we multiply the number of days (120) by daily return (1%) | 120 days x 1% = 120%.
It this case our Net Profit ( 120% – 100% ) = 20%.
Here is the second case here.. because if we use the “Principal Back” option – then we can get the same 120% of Total Gross Interest after 20 days only.. right? We get 1% daily for 20 days and then get Principal Back – after that investors decide whether to continue and join with a different deposit amount or not…
These two different cases bring us two different DNI levels – that’s the main “point” both for members and for the admin here i guess.. (check EN Hyip Insights article #12 Part 3 and Part 4 to know a little better what DNI is)
If we look at the platform through the first-case scenario – We divide our Total Net Profit (20%) by 120 days (as our example period of time) and we get a DNI of 0.16%. And this is the level of LOW interest programs.
If we look at it through the second-case scenario (using Principal Back option) – We divide our Total Net Profit (20%) by 20 days and we get a DNI of 1%, which is the level of MEDIUM interest programs already.
Now let’s check out some of the conditions that you, as a member of MinerProfits, must know, while earning here:
When did this project start?
We opened our website on November 25, 2020.
What are the funding options for making a deposit?We only accept deposits of Bitcoin. This is because we only work with Bitcoin in our mining system.
What is the minimum amount of money I can deposit?$5.00 USD is the minimum amount.
When do I receive interest payments?Every day, exactly 24 hours after your last deposit. And then every 24 hours forever.
How do I withdraw money?You can withdraw money at any time, however, it is only allowed after you have received at least one interest payment.
How long do you hold my principal?Deposits cannot be withdrawn until you have received an interest payment. You can withdraw your interest payments as soon as you receive them, if they total $2 or more. Once you have at least received one interest payment, you can withdraw your principal and interest. Remember that if your account balance drops below $5.00, you will not receive any more interest payment.
Can I make more than one deposit?Yes, there are no limitations. All money goes into your account immediately. If you make a deposit, your next interest payment will be 24 hours after that deposit, and then every 24 hours forever.
I requested a payout, when will I receive it?The payout is fully automated and usually takes around 20 minutes but never more than 60 minutes. Contact us if the payout is taking longer, as there could be technical issues causing a delay.
Do you have an affiliate program?Yes, we have a referral (or affiliate) program. You can earn 2% of any deposits made by your referrals.
Can I use myself as a referrer for a commission?No. You are not allowed to use yourself as a referrer when depositing money.
What if I do not see an answer to my question?Please contact us via the Support page available on our website. We will gladly provide an answer to your question.
How can I contact you?If you have any problems or further questions, you are most welcome to contact us using our Support page.
I can remind you that according to stats provided on MinerProfits website, it has been working for already 50 days, it has around 272 accounts, around $4584 deposited funds and $3266 withdrawn funds. It has also reached today 17 days on EN.
Telling the truth, the statistics look pretty fair and true compared to many other falsely overpriced figures on some other platforms. This fact can be considered a plus for any project. Hopefully, we will continue to see it work without any problems, so that more and more investors increase the credibility of the program.
We will continue informing you with important news and updates of MinerProfits platform. As always – see you tomorrow in the next article..
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