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Cash-Miner.net

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Introduction

Cash-Miner is a medium term hyip program launched around Jun 16 2010 and provide for investors profits up to 10% weekly. They’re saying that obtain profits in precious stones market.

Management Team

The company is registered in Panama and there is also a virtual office there. Anyone who wants to see the documents needs to send an email to support and they will send you the certificate of incorporatin copy and other documents. Unfortunately there aren’t many details about who is running the program or the management team.

Investment Plans

All plans don’t expire, and you may withdraw your principal at any-time, however with a variable fee, which will reduce proportionally in your earnings. For instance, in the 8% weekly plan, the fee will reduce 8%every week, beginning with 100% (so, after the first payment the fee will be 92%). What this means is, for the 8% plan, that after 13weeks, the fee is going to be %, and if you withdraw the principal, the entire ROI would be 204%.

I do not like too much this option to withdraw whenever you want,since it can causes large withdrawals if anything occurs Cash-Miner,for instance suffer a DDoS attack and become unavailable for an entire week…obviously a lot of people are certain to get scared and pull of the funds. However, it also has a positive side, because to be “risk-free”, you will simply need 7 weeks (56% from profits   principal with penalty fee of 44%), which might attract a lot of people to join.

Compounding option is available, but I can’t understand how this affect the penalty fee, if it decreases constantly by 8 or if it decreases faster because of compounding effect.

  • 8% weekly  from 1$ to 500$ – The Bronze plan pays 8% weekly for deposit amounts of up to $500 and is a great choiceto try the program.
  • 9% weekly from 500$ to 5.000$ – The Silver plan pays 9% weekly for deposit amounts of up to $5000 and is the standard option ideal for most investors.
  • 10% weekly  from 5.000$ to 50.000$ – The Gold plan pays 10% weekly for deposit amounts of up to $50000. This will suite investors with higher demands and an accordingly high capital.

Affiliate Program

Cash-Miner credits 1% of the referral’s deposits weekly in the account balance. The banners are in 2 formats and looks nice. One format is GIF and the second one is Flash. As I said the banners looks quite good and may convert very well visitors into members and investors.

Payment Processors

You may deposit and withdraw earnings using AlertPay, PerfectMoney, Liberty Reserve and C-gold. Also for larger deposits you may wire funds to the company as they have a bank wire deposits feature as well. Is nice to see such a variety of payment options.

Hosting & Security

The script cash-miner.net is using seems to be original, developed from scratch. It doesn’t have many features only the most needed one. Recently they’ve added a GERMAN translation of the site’s content.

Cash-Miner.net domain was registered recently on May 9 2010 and is valid till May 9 2011. I’d wish to see domain registered for a longer period but they may extend it anytime. Registration informations are hidden and protected by whoisguard. Personally I do not understand why they did that as they could add their the company informations. Their choise anyway. Site is hosted on DDOSWiz servers. DDosWiz is good enough talking about ddos protection so they may aside attacks for a while. SSL connection is provided by COMODO and is not a free trial.

As I’ve accesed the site and checked each page I got blocked by their server easily and had to restart my modem in order to get a new IP address. I understand the DDOS protection is based on that but they should reduce the sensitivity a little bit as there may be customers blocked as well which will not be able to access the site.

Overall Performance

Cash-Miner have the potential to grow well into a larger investment fund. But for the moment I am quite reticent seein the program as an avergage one. We should wait and see how its going to perform over the time.

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Company Panama
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