[Warning] btcoincloudmine.com (fake cloud mining website!!!)

[SFR10]

What happened:
As soon as I saw it's a self-moderated thread and they're using a URL shortener to hide their link, I knew something wasn't right! Based on the "trace result", it's safe to say that there's a connection between them and "Chainmine.io ^{[and "Prime-Coin.co"]}!

Scammers Profile Link:
RYX573

Reference Link:
Free 1 TH/s Bitcoin Mining Power For Lifetime/Monthly Profit: 0.00023 BTC ^[archived]

• ~Snipped~
  Link: tinyurl dot com/BTCTHS
  

btcoincloudmine.com ^[archived]

• [Expose] Chainmine.io Hype Project

Additional Notes:

• It already has a lot of bad reviews on "Trustpilot"!
  
  

• Domain Name: btcoincloudmine.com
  Registrar URL: https://www.namesilo.com/
  Creation Date: 2022-02-19T07:00:00Z

Tagged and "created a flag".

[1715267616]

1715267616

[1715267616]

1715267616

[TheUltraElite]

Fake cloud mining sites are very common even today. These were the first few methods of scam that had come during the early days of bitcoin and started to woo the newbies who wanted to get into mining but could not afford the rigs to do so. Sadly this scam still works on the current generation even after years of explaining to then that cloud mining is a hype and does not real mining at all.

Currently the site has the running list of payouts in the insights tab, which we have seen commonly being used as a fabricated evidence to show that the site is legit when it is actually not. None of those payout are real and none can actually be traced to the real owner or the site's payments.

Due to the templates of the previous two sites being scam too, I am supporting this flag.

[Lucius]

Good catch

I hope that people will finally understand that such things are 99% scams and that Bitcoin is not mined that way. Tagged, and of course the flag supported.