How to Identify Cloud Mining Scam

February 10, 2018 | By | 5 Replies More

How to identify Cloud Mining Scam – you know, there a lot of fake services, that provide cloud mining services but in reality with time they will not give you back your money or just do it partly. So, in any case, you have an extremely high risk to lose you money, if you invest your money in such company.

So, this article will be about such SCAM projects in cloud mining niche and how to identify them so you could save your money from bad guys! Cause Crypto industry if full of such projects, so you must be careful and know that there are really a lot of methods how to steal your money. Especially it works with those who know not much about mining and cryptocurrencies.

How to identify Cloud Mining ScamHow to identify Cloud Mining Scam

  1. Don’t believe all comparison websites, cause most of them are rewarded for sending potential users to exact websites. At CloudMiningBlog you can see cloud mining reviews and reviews of other services where we show maximum information, so you could make a right decision and invest money in the right company. Of cause, if we see doubtful service we’ll write about it and show you: what is ok, and what is not.
  2. The domain name is without “https” certificate and it is not registered on real person (person is hidden in “who is” service)
  3. The company is registered in one country, but CEO and team are from another country.
  4. The company doesn’t give you proof if they have the real equipment. You ask them, but support isn’t clear.
  5. No contacts or team info on the website.
  6. In the beginning, SCAM services pay money, people see it and make it more popular but in someone day they can stop payments and you can lose your money
  7. They promote services with a help of fake people or offices – and again, without any proof of real equipment availability.

So don’t invest in unknown companies, check all options and be aware that scams are real. Also, we recommend reading more feedbacks on:

More information you have, more chances that you will invest in right cloud mining company. What do you think? Also, what tips you know how to identify cloud mining scam.

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Comments (5)

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  1. John K says:

    Another most famous frauds is fake sites, where there is a possibility to invest Bitcoin, or sites, which imitate some famous site, where users keep their Bitcoins. Such sites completely duplicates some famous site, but have some other letter in the domain. Then they get user credentials. The main way to protect against this is a check of domain name and following only secure links.

  2. Kerry says:

    You need to work with trusted sites, so there will be no problems with fraud. One of the best cloud mining services in my opinion is Crypto Mining Farm , there is a good percentage, 81% per year.The most important thing is that there are stable payments.In General, the sites of fraudsters is easy to spot – they are single and do not carry any information. Comments about them can always be read on the Internet.

  3. Fibbi says:

    Probably, unless you try a particular service, it would be difficult to say that you will be more to their liking. Because when I tried to correlate several platforms according to certain criteria, it didn’t work out for me. And that area, which seemed to me the most bad and useless turned out to be the easiest to work with. Personally, I like Harfleur everything is easy and understandable in the device.

  4. Tatiana says:

    The site Hash Ocean worked for several years without complaints, and the reviews on the Internet were the most flattering and positive. Nothing foreshadowed, that it will become a scam. I earned quite well there, and paid off the investments and some profit too, but the result was sad. I соntinuе to mine at HashFlare and Eobot, but the new cloud mining while looking closely Even the best fairy tales have an end

  5. ANKA ANUSH SAHAKYAN says:

    I have been trading in the financial market for six months, and everything related to the financial markets, with cryptocurrencies is very interesting to me. But recently I took a new phone and noticed one interesting fact: it was installed Mi Cloud. I did not understand what for is this program and why it is installed. But today, I just happened on one of your articles and I found all the answers of my questions. And thanks to you, I learned how to download IQ Mining and use it for good.

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Comments (5)

Trackback URL | Comments RSS Feed

  1. John K says:

    Another most famous frauds is fake sites, where there is a possibility to invest Bitcoin, or sites, which imitate some famous site, where users keep their Bitcoins. Such sites completely duplicates some famous site, but have some other letter in the domain. Then they get user credentials. The main way to protect against this is a check of domain name and following only secure links.

  2. Kerry says:

    You need to work with trusted sites, so there will be no problems with fraud. One of the best cloud mining services in my opinion is Crypto Mining Farm , there is a good percentage, 81% per year.The most important thing is that there are stable payments.In General, the sites of fraudsters is easy to spot – they are single and do not carry any information. Comments about them can always be read on the Internet.

  3. Fibbi says:

    Probably, unless you try a particular service, it would be difficult to say that you will be more to their liking. Because when I tried to correlate several platforms according to certain criteria, it didn’t work out for me. And that area, which seemed to me the most bad and useless turned out to be the easiest to work with. Personally, I like Harfleur everything is easy and understandable in the device.

  4. Tatiana says:

    The site Hash Ocean worked for several years without complaints, and the reviews on the Internet were the most flattering and positive. Nothing foreshadowed, that it will become a scam. I earned quite well there, and paid off the investments and some profit too, but the result was sad. I соntinuе to mine at HashFlare and Eobot, but the new cloud mining while looking closely Even the best fairy tales have an end

  5. ANKA ANUSH SAHAKYAN says:

    I have been trading in the financial market for six months, and everything related to the financial markets, with cryptocurrencies is very interesting to me. But recently I took a new phone and noticed one interesting fact: it was installed Mi Cloud. I did not understand what for is this program and why it is installed. But today, I just happened on one of your articles and I found all the answers of my questions. And thanks to you, I learned how to download IQ Mining and use it for good.

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