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iHub Global Review: iHub.Global is a Fraudulent Mining Network

iHub Global Review: iHub.Global is a Fraudulent Mining Network

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iHub Global is a new platform that is promising massive profits to the users in cryptocurrency. The website of this company, iHub.Global even goes as far as saying that it is the most well-established mining network that can provide massive passive income to the users. 

The team behind this company has a very controversial working history in the MLM and the crypto industry. Therefore, it is very important to review this company in detail to determine whether you should trust this platform or not. 

What is iHub Global?

iHub.Global does not provide any direct details about the owner of the company or any prominent individuals behind the platform. However, further research of the company’s Vimeo channel shows that Chuck Hanson is involved in the organization in some capacity. However, it is not clear that what his role is in iHub Global.

Another prominent name in the marketing material of iHub Global is Rick Cotton. Cotton has been a prominent name in the crypto industry as he was the CEO of a Ponzi scheme. However, the company collapsed soon after its introduction. Similarly, Cotton was involved in a number of other similar platforms that scammed people. 

It simply means that you cannot trust iHub.Global to provide significant profits to the users. The working model of the company is also very ambiguous. At one place, it is claiming to be a crypto mining network that provides profits via crypto mining. On the other hand, it is also presenting itself as a marketing and non-profit organization. 

iHub.Global

Domain Insights

iHub.Global was registered in December 2020. It shows that the company is a new platform that contradicts its original claims of being a well-established company. The analysis of the website shows that the USA is contributing the highest amount of traffic to the website. 

The website traffic is also an indication of the fact that iHub Global is not actually a global platform like it is claiming to be. Instead, it is currently restricted to the USA. It is highly possible that the company is making such false claims to attract as much investment as it can. 

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Products of iHub Global

It is important to discuss the products of iHub Global because it claims to provide a number of products to the users to help them in making profits. However, the company fails to provide any satisfactory information to the convince about the legitimacy and authenticity of the products. 

The website is claiming that the affiliate members have the option of buying Emrit CoolSpot Helium Network Token mining equipment. This device is capable of connecting to the global crypto mining network and allows users to mine a large number of Helium network tokens (HNT).

You should note that this company does not have any standing in the crypto industry. There is no proof that you will actually be able to mine the crypto tokens. The marketing material of the company also mentions having state-of-the-art mobile apps and IoT devices like sensors that are useful in the mining processes.

How to Join iHub Global?

The initial affiliate membership of iHub Global is free. However, you cannot earn any income from the free membership. Instead, you have to buy a package of $99. In this package, you are required to pay $99 on an annual basis. iHub.Global states that this package will provide you with access to the marketing funnels to help you in generating profits in the crypto industry. 

However, there is no proof that you will be getting any profits or benefits by joining iHub Global. Therefore, you should avoid buying its packages. Instead, you should invest in trustable crypto mining companies. Such companies have a wide range of mining options to help both beginners and experts in mining the crypto coins and earn profits. 

Income Structure of iHub Global

Once the users buy the $99 package of iHub.Global, they will become the affiliates of the company and get a chance to participate in the income structure of the company. The entire income structure of iHub Global revolves around personal recruitment of other affiliates:

  • If a member recruits 1 to 5 affiliates, they will get a position on the Pro Team. 
  • If a member recruits 6 to 15 affiliates, they will get a position on the Bronze Team. 
  • On recruiting 16 to 25 affiliates, you will get a position on the Silver Team. 
  • On recruiting 26 affiliates or more, you will get a position on the Gold Team. 

Commission

The company is not providing any further details about its HNT mining processes. Instead, iHub.Global only states that the members can get commission rates on the mining of HNT as per the following breakdown:

  • Members can get a 10% commission on the Pro team
  • Members can get a 15% commission on the Bronze team
  • Affiliates can get a 25% commission on the Silver team
  • Affiliates can get a 30% commission on the Gold team

Despite providing such a comprehensive breakdown of the commission rates, iHub Global does not make it clear about how the company is going to distribute the income. Hence, it is highly possible that the company is lying about these profits to attract more users. 

Residual Commissions

iHub.Global is using a traditional income structure of any other crypto Ponzi scheme in which a company promises residual commissions to the users to attract more investment. These types of commissions are also distributed on the basis of the team rank. 

  • Members of the Pro Team can generate 5% residual commissions from every member in their Bronze Team. 
  • Members of the Pro Team can generate 15% residual commissions from every member in their Silver Team. 
  • Affiliates of the Pro Team can generate 20% residual commissions from every member in their Gold Team. 

Other than these major types of commissions, the company is also promising a number of other bonuses like the Pro Team Bonus. It is quite evident that the purpose of all of these profits is to attract more users and make them invest in the company. 

iHub Global

Conclusion

It is quite surprising to see that iHub Global presents itself as the most reliable passive income opportunity on its Vimeo channel. The company is claiming to be a highly modern platform for crypto trading. However, the working procedures of the company show that affiliate memberships are the driving force of the company. 

The company does not seem to have any external source of revenue. It means that iHub Global will collapse due to a lack of funds when people stop registering at it. Moreover, the income structure of the company is full of ambiguities. It fails to provide sufficient details about mining the Helium Network Tokens (HNT).

In fact, in the entire business model of iHub.Global, it seems like the company does not have anything to do with the crypto industry. There is a very high possibility that the iHub Global is only a Ponzi scheme that is posing as a crypto platform to seem like a legitimate investment opportunity. 

You should also remember the controversial history of the team behind iHub Global. As a result, there is no point in trusting a company that fails to prove its authenticity to the users. You should remember that a good alternative to iHub.Global would be investing in crypto mining companies. You can expect to earn a significant amount of profits by mining your own crypto coins through reliable, legal, and efficient mining companies. 

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