BITCOIN CLOUD MINING SCAMS
The popular nowadays service of the rental of hashrates for producing bitcoins has given us a great opportunity to participate in the mining process, as well as capitalize on this.

You don’t need to buy expensive equipment, or worry about huge electricity bills. All dirty work is performed by professionals, and you can only wisely invest bitcoins and get the profit.

But where big money you can always find a place for deception and fraud. The cloud mining is no exception. Many interested persons arise that wanting to get a cryptocurrency in a dishonest way due to the fact that using of cryptomoney is completely anonymous.

HOW DO BITCOIN MINING SCAMMERS OPERATE?
It all starts with the fact that one day there will be a new website in the Internet which offers to rent hashrates for producing of any popular cryptocurrency. For the reliability such resource often posts photos or even a video of the running farms. Masters of the photoshop and video editing can work miracles, so even experienced users can not identify a fake.

Further a large-scale advertising campaign is held, during which buy up banner spaces on all major resources and forums dedicated to cryptocoins. The advertising directs the flow of visitors who make the first purchases.

The next stage can be called velvet season. All buyers actually get the payments to wallets, and positive reviews about the service arise on the Internet, which attracted even more investors. This period may continue various time, some scammers managed to work stable for a year.

During this time those members who invested at first even able to return their investments and start working in a stable plus. This adds even more credibility to the service and is cheating of unsuspecting users that begin to buy more capacity. Eventually is formed the real Ponzi scheme: old members get payouts at the expense of new investments.

When the bitcoin cloud mining scam resource gaining an impressive number of depositors, one of the following scenarios occurs:

  • It stops paying profit
  • An error occurs when you try to log in to the account
  • The complete removal of the resource

In this time the administration stops responding to emails or forums. Investors remained without their investments, which cannot be returned due to the anonymity of the cryptocurrency.

HOW TO UNDERSTAND THAT CLOUD MINING IS A SCAM?
There are several factors that indicate that the service can carted off and close down:

  • Delays in payments.
  • The support service starts ignoring your messages.
  • Huge discounts announced to get as more as possible investment at finally.

Also it is necessary to be cautious in relation of projects that offer extremely high percent of profitability. The real mining can not ensure the profitability of over 200% per year.

Only proven services are presented on our website that work successfully for a very long time, consistently pay a profit, and do not run suspicious advertising campaigns.

Review
Discount
HashFlare Use special code HF17TOPBTC3 to receive
3% discount on your first purchase!
Genesis-Mining Use promo code 7VA5Uw to receive 3% discount on every purchase you make!