Given the content of the original article, which promotes the ETCMining platform with promises of very high earnings, and information from my research that raises important questions about the technical feasibility (XRP mining) and nature of these returns, I have rewritten the article to include a more nuanced perspective and a critical disclaimer.

🇨🇮 Crypto-assets and Retirement in Ivory Coast: The Rise of "Cloud Mining" by the ETCMining Platform

In the face of low bank interest rates and inflation, some Ivorian retirees are seeking stable incomes and exploring new digital avenues to optimize their savings. One emerging trend is the use of cloud mining via platforms like ETCMining , which promise significant returns, sometimes up to $5,000 per day for the most advanced plans.

What is ETCMining and its model?

ETCMining presents itself as a regulated and registered cloud mining platform in the UK. Its model is designed to be accessible to investors without technical expertise, allowing them to generate daily passive income simply by choosing a contract.

The platform distinguishes itself by using XRP (Ripple) , a cryptocurrency primarily known for its speed and efficiency in cross-border interbank transfers, for contract payments and profit settlements. According to the platform, this transforms static XRP holding into a cash-generating asset comparable to a "digital repurchase agreement."

ETCMining's Argument: The company claims to rely on a transparent "cloud mining and compliant profit distribution" model, using state-of-the-art equipment (ASIC, GPU) powered by green energy sources to mine several major cryptocurrencies (BTC, DOGE, ETH, LTC, etc.).

The Appeal to Retirees: A Testimonial of High Returns

The appeal of this model is illustrated by user testimonials in Ivory Coast.

1. Serge Kacou , a 69-year-old retired engineer, claims to have seen his initial $2,000 investment in XRP generate a daily passive income of up to $5,000 with a Premium plan, exceeding his traditional pension.
2. Marie-Claire N'Dri , a retired teacher, highlights the platform's intuitive interface and the reassuring aspect of receiving an automatic daily "digital pension".

The mining contracts offered (ranging from $100 for a 2-day Discovery plan to advanced plans of $8,300 or more over 30 days) highlight very high returns over short periods.

⚠️ Crucial Warning: XRP Mining and Promises of Yield

Although Ivory Coast has established a favorable regulatory framework for cryptocurrency mining since 2025, it is imperative to exercise extreme caution regarding promises of very high returns in the crypto space.

1. The XRP Mining Myth: The XRP asset uses a Proof-of-Agreement consensus mechanism , not a Proof-of-Work mechanism like Bitcoin or Ethereum Classic (ETC). Consequently, XRP cannot technically be "mined" in the same way as these other cryptocurrencies. Any platform claiming to mine XRP should be viewed with extreme skepticism, as this technical inconsistency is a common red flag associated with Ponzi schemes or promises of unrealistic returns.
2. Promises of Returns: Extremely high and rapid rates of return, such as those involving turning $2,000 into $5,000 per day (which represents a return on investment of 250% per day), are abnormally high for any legitimate investment and should be treated as a major risk of capital loss.

Conclusion: Do Your Own Research (DYOR)

Seeking greater financial security in retirement is commendable. Cloud mining, legal in Ivory Coast, can be an option for diversifying one's savings. However, before committing to platforms like ETCMining or any other, it is crucial to follow the "Do Your Own Research" (DYOR) principle.

Always check:

1. Regulations: Ensure that the company holds a verifiable operating license.
2. Technical Feasibility: Question any claim that contradicts the technical workings of a cryptocurrency (such as mining a non-minable asset).
3. Realism about Returns: If the promised return seems too good to be true, it often is. Only invest money you are prepared to lose.