It looks just like a ponzi scheme. Btw a low minimum investment doesn't mean that they aren't a ponzi scheme. No one can guarantee profit
https://www.youtube.com/watch?v=5UVpLPtgdF4
Here is a link to a great video by Khan Academy explaining what a ponzi scheme is and why you might think that the website that you are promoting is legit
We have no proof that you are mining.
Take this snippet from wikipedia
Ponzi schemes sometimes commence operations as legitimate investment vehicles, such as hedge funds. For example, a hedge fund can degenerate into a Ponzi scheme if it unexpectedly loses money (or simply fails to legitimately earn the returns promised and/or thought to be expected) and if the promoters, instead of admitting their failure to meet expectations, fabricate false returns and (if necessary) produce fraudulent audit reports.