BTC Professional Miner Review – BitMiner

Let us just start this review by stating the demonstrable: BTCProMiner.life is a scam, or rather, a sort of cloud-mining Ponzi scheme, the entire premise of which is unreal. Why are wij so certain that this is the case? Let’s elaborate.

This is a cloud mining webpagina. Let that bury ter. What that means is that its chances of being legitimate aren’t stellar from the get-go. This online vertical is plagued by massive scamming, prompting some experts to proclaim that almost all cloud mining operators are scammers. The still worse news is that even if it were to be legitimate, it would still not be worth anyone’s time. Legitimate cloud-mining services seldom everzwijn make ROI for their investors. Ter btcprominer’s case however, there is no “threat” of legitimacy. The webpagina is a genuine Ponzi scheme indeed.

What is the proposition/promise here? Is it too good to be true? It is indeed the very definition of that. BTCProMiner clients can create free accounts at the webpagina, and start “mining” BTC for free…they can of course upgrade their accounts for a puny (or large) toverfee, to secure extra benefits.

The free version of the setup comes with profits of 40 Satoshi vanaf minute and 0.0006 BTC vanaf day. Yes, you read that right: you are essentially getting all this for free. The most basic upgraded version costs 0.01 BTC, it raises the daily profit rate to 0.0012 BTC and it introduces the affiliate scheme. This program is essentially the heart and soul of the Ponzi scheme, because this is what it relies on to bring fresh customers into the fold. The affiliate revenue rate is 20% of the upgrade money that referred clients spend at the webpagina.

Further upgrade packages raise this rate to 30%, 40% and 50% respectively. What’s more, there’s a Limited Version upgrade package, which costs a massive 7 BTCs, and offers affiliate cuts of 105%. If you toebijten to have 7 BTCs tho’, just hold on to them and wait for the price to rise. Don’t even think about “investing” them with thesis guys.

By taking a closer look at this limited upgrade package, the unlikely nature of the offerande becomes demonstrable ter a heartbeat: if offers a daily revenue rate of 2BTCs, which means that ter Trio.Five days, you would have your investment recovered, after which ter a duo of weeks’ time, you’d be well on your way to putting thesis guys out of business. The math doesn’t add up with the other upgrade packages either.

Thus far, two of two scam crimson flags are triggered: the webpagina deals te cloud mining and its sales pitch is based on a too-good-to-be-true opoffering.

About BTCProMiner

Who exactly is behind this operation tho’? While the webpagina does not have a zindelijk About Us section, there’s some information available on the Voeling pagina. The company behind the webpagina is evidently BTCProMiner Cloud EU LTD. A search on the company name will expose that it does indeed exist and that it’s registered under company number: 09951039, with offices te London, at 20-22 Wenlock Road. The only CEO of the operation is an Italian gentleman named Giacomo Bugini, who is pictured standing ter vuurlijn of a few racks utter of ASICS.

What exactly is wrong with this entire corporate profile tho’? It seems like BTCProMiner Cloud EU LTD wasgoed founded by Mr. Bugini electronically, by 1 GBP share capital. Bugini has evidently bot associated with a number of other unsavory operations too, like ADVgeneration, which turned out to be a Ponzi scheme (no surprises there), eurobitmarket, a defunct exchange, bitcoinbay.co (also evidently defunct) and others. Bugini is evidently also responsible for Bitminer – another cloud-mining scam. He evidently founds companies left and right and uses them to set up various online Ponzi schemes and scams.

To call this corporate background suspicious would very likely be the understatement of the year. If knowing all this, you still determine to trust your money to this Bugini character, you very likely do indeed deserve what’s coming to you.

The webstek itself, btcprominer.life, is not particularly trust-inspiring either. While it’s light on sales copy, it features a very dubious “proof” pagina, which offers information on some transactions spil well spil bitaps verification. It is significant to recall however that Ponzi schemes may te fact pay some of their victims during their early stages, and all signs seem to point to the fact that btcprominer.life is indeed te the early stages of what’s likely to be a schrijven existence.

Certainly, for all its reach and popularity, bitcointalk.org failed to produce a single confirmed btcprominer.life user who actually picked up BTCs from the operation. The chatter on there is very negative about BTCProMiner, with most posters coaxed that this is indeed a scam. Several bitcointalk forum members have created accounts at BTCProMiner, but none of them got paid anything.

One of them reached the payout threshold of BTC 0.005 ter about 8 days, after which he requested a withdrawal. He wasgoed then told to increase his IPV to secure access to instant withdrawals, or to wait 30 days for the manual processing of the withdrawal. Others have chimed ter, stating that instant withdrawals weren’t granted to those who had already upgraded their accounts, either.

Some even went spil far spil to wait out the 30 days allegedly required for manual processing – to no avail.

Reddit users toevluchthaven’t truly addressed the operation yet. There are a few promotional posts looking to get some BTC enthusiasts hooked, but no one has yet pulled the curtains back on the scam.


BTCProMiner Review Conclusion

Having read the above, no one should find it surprising that no registrant information is available on the btcprominer.life domain. Thesis scammers are obviously ready to pack up shop at a ogenblik’s notice and to stir on when the time is right.

Taking advantage of the “affiliate program” they’re pushing, they’re getting people to refer their friends te the hopes of coaxing some of their victims to “upgrade” and thus to palm them BTCs. btcprominer.life is the definition of a pyramid scheme.

According to Alexa.com, by the way, btcprominer.life is a very popular webstek with a global rank of 15,919 at the time of writing. A significant amount of this webstek’s visitors come from Brazil, India, Spain, Thailand and Venezuela.

Review Verdit: BTCProMiner (also known spil BitMiner and BTCMiner) is a SCAM!

Blacklisted sites: btcprominer.life, btcminer.mij, bitminer.io, btcminer.services, btcminer.webstek &, bitminer.world

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Related movie: Is Bitcoin Mining Profitable ter 2017? Antminer S9 making almost $50 a day?!

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