FY Energy, a cloud mining service established in 2020, has launched its platform offering users access to cryptocurrency mining contracts without the need for physical hardware or technical management. The company is legally registered in the United States and holds a Money Services Business (MSB) license authorized by FinCEN, which it emphasizes as a foundation of trust and compliance.
The platform is targeting new users with several incentives. Upon registration, users instantly receive a free $20 trial fund with no initial deposit required. This allows them to test platform functionality before committing to a contract purchase. Additionally, FY Energy offers a fixed daily check-in reward of $0.8, which can be accumulated to purchase more mining contracts.
A significant feature is its three-tier referral program. Users can earn commissions based on the contract purchases of invited users: 5% for direct referrals (Level 1), 2% for secondary referrals (Level 2), and 1% for tertiary referrals (Level 3). The company states this system helps users build a "long-term passive income pipeline."
FY Energy's core service simplifies the traditional mining process. The platform handles all technical details of verifying blockchain transactions, with users receiving cryptocurrency rewards based on their contract terms and market conditions. The company positions this as a lower-risk alternative to hardware-based mining, offering predictable daily earnings.
The platform lists multiple mining contracts with varying costs, durations, and stated returns. Key offerings include:
• LTC Free Experience Miner: $20 for 1 day, with $0.80 total earnings (4% daily rate).
• DOGE Beginner Experience Miner: $100 for 2 days, with $8.00 total earnings (4% daily rate).
• BTC-focused contracts: Ranging from $660 for 5 days (BTC Miner Bitcoin SealMiner A2) to $100,000 for 3 days (BTC Miner Bitmain Teraflux AH3880), with daily rates from 1.35% to 5.97%.
The onboarding process involves three steps: registration to claim the trial fund, using the fund or a deposit to purchase a contract, and then either reinvesting earnings or withdrawing funds. FY Energy encourages users to evaluate its services based on regulatory status, contract terms, and platform features, while reminding investors that cryptocurrency investing carries high risks and requires personal due diligence.
