KELTA cloud mining. Payouts in ETH

[LXminer]

Hi,

I want to share my objective rating by using Kelta:

I use Kelta too and some of my friends as well. Unfortunately, I just realized by the time that information about KLT could be a fraud and some people are not paid.

I've also read some information about the owner of Kelta who has really "colorful" history (frauds, tax leaks, ...) - more information regarding frauds provided on this twitter account https://twitter.com/KeltaInvestors/status/1063387019122884609.

So I am disappointed by knowing this now. I can see also issues with their mining app sometimes, it's not responsive or their API does not work as expected. New registrations are also not possible right now (I don't know why). Nobody reacts from the support side by e-mail as well. I'm curious about their mining rig what's in their DC because they never showed them (just entering the room in one of the youtube videos), so I'm not sure if they really have some rig at all.

What's still working is the payout system. I use Kelta for some months and I'm being paid in ETH and ROI is good. So I can't blame them for not be paid (yet). I don't know how long it will work but I hope they won't shut it down or disappear soon. Even my friends are still being paid.

I was curious about my Kelta wallet so I did some investigation and I realized my Kelta wallet just contains ERC20 KLT tokens. But not the ETH! ETH is being sent immediately (by some contract probably) from my wallet to a shared one and vice versa during withdrawal. So the system somehow remembers my ETH amount but it's not physically on my Kelta wallet which is really weird.

I can't recommend Kelta unless you're aware of these "frauds" and you want to take your investment as a risk what you could possibly lose. I don't want to share any affiliate links etc like guys above.
I just wanted to share my experience which is a bit positive but also very negative in a way how they treat others (like not satisfied customers and the history of Kelta owner and their support).

I hope this review will help someone with a decision before investing a lot of money into KLT tokens because they're not cheap. And remember - it's ICO so they can end anytime without paying you back.

[FireBallex]

Hello everyone.
Interested in cloud mining and want to build up your passive income based on Ethereum?
Min. investment for basic program to start mining is 1.75Eth with 53% ROI.
Payouts to Kelta wallet every Monday.
Withdraws anytime(check fees).
Good thing in Kelta is, that you can withdraw your investment
Check out my tutorial, how to start here: https://5e133db17309c.site123.me/

I think I've heard about a KELTA project before but I'm not sure it's same with the one you are referring to, they introduced a bounty campaign last year 2019, I doubt it same, well 53% ROI is way too much for cloud mining, it's totally unrealistic

[bdfil]

Hello,

This is a scam, please stay away from it.
I have used the platform since 2018. It may look legit if you just let it run, and withdraw some of the weekly payouts.

The moment you try to withdraw your balance, you get stuck.

I tried already two times, the first time I waited for almost 1 month for an answer from the support team.
They simply don't reply, and when they did reply, they came up with some BS that (for technical reasons outside their responsibility) the withdrawal only works for weekly payouts, not for the full balance. 

Simultaneously, they have deleted the withdrawal request from my account history and restored my ETH balance.

I did another withdrawal request for my full amount (and I have a screen recording of that).
After 10 days, not only they have deleted the withdrawal request from my account history, they also deleted the transaction where I exchanged my 339 KLT for 5.1528 ETH.
They have restored my KLT token balance instead of sending my ETH.

I have over 5.2 ETH stuck in the platform, and little hope of getting them back, but I will at least expose them in any way I can.
Since 2018, I have deposited 4.4561 ETH in the platform.

The reason why we see people defending them and giving positive reviews is very simple: they are affiliates who "recruit" people to keep the Ponzi running.
I suppose these Affiliates actually get paid by Kelta, so we might give them the benefit of the doubt and assume they don't know the full story.

I hope a lot of people read this and run away from this platform!

[cayether]

Same for me. I've used Kelta since the beginning at ICO time, so since Sept 2018. It went pretty well until end of last year - although the ROI never reached what is announced on the site, even with bonus tokens.
I've managed to withdraw some ETH a couple of times to get my rewards.

Weekly outcomes kept decreasing over time, despite the fact ETH price was rising.
In October 2020, weekly income went to zero at one point and I decided to stop, exchange KLT back to ETH and withdraw my ETH, about 12 ETH (with a nice pump compared to the price I had paid initially).

Thing is that the ETH never got back to me - transaction is still pending.
Support pretended there was a technical issue preventing withdraw to external wallets. Just a way to fool their "valued customers".
I've emailed the support team a few times and Georg Mac the CEO of the Kelta company. Never heard anything back from them.

They might not be a scam, but I think their business model is just not sustainable and they cannot afford to give your investment back.
You can withdraw your weekly gains, but not your full investment despite what they claim.
They recently changed their general conditions as ETH price mooned.

I would be keen to sue them to get my ETH back as the founder still shows up in international crypto forums in Slovakia and they keep try to lure new customers - a bit of a ponzi scheme.
However, not so easy to go after them when you're not in the same country.

[logfiles]

<...>

Most cloud mining services are actually ponzi schemes if you didn't know. They have no real income generating business model and instead use the money you will send to buy a subscription, hash power or whatever they call it to pay the other people who joined earlier on. Once the number of people joining the "cloud mining service" declines. The amount of  payments reduces, or they completely stop making any payment at all.

[bitbollo]

I don't know if the website in OP is directly linked to this project... but in this homepage there is  at least one image of their "mining equipment" taken from another web site... 53 % Roi is a scam. If it was possible it was convenient get a loan from a bank and not give back these funds to the users...

https://www.houstonchronicle.com/business/bizfeed/article/Australian-energy-company-to-build-world-s-13299854.php#photo-16315338

[New_order]

Hello everyone.
Interested in cloud mining and want to build up your passive income based on Ethereum?
Min. investment for basic program to start mining is 1.75Eth with 53% ROI.
Payouts to Kelta wallet every Monday.
Withdraws anytime(check fees).
Good thing in Kelta is, that you can withdraw your investment
Check out my tutorial, how to start here: https://5e133db17309c.site123.me/

53% ROI sounds too good to be true, if that's coming from KLETA then the project can't be trusted, only scam projects gives up such huge amount of ROI just for staking, not real, ROI from real projects are just 4% to 7% annual, wake up cos you are sleeping

[MCVXYZ]

Hello everyone.
Interested in cloud mining and want to build up your passive income based on Ethereum?
Min. investment for basic program to start mining is 1.75Eth with 53% ROI.
Payouts to Kelta wallet every Monday.
Withdraws anytime(check fees).
Good thing in Kelta is, that you can withdraw your investment
Check out my tutorial, how to start here: https://5e133db17309c.site123.me/

53% ROI sounds too good to be true, if that's coming from KLETA then the project can't be trusted, only scam projects gives up such huge amount of ROI just for staking, not real, ROI from real projects are just 4% to 7% annual, wake up cos you are sleeping

I think so. First of all if anyone has interest, he/she must know its business model and strategies, does it require you to
be an accredited investor or not?. so everyone must  be careful about the projects like that , promising to invest funds in opportunities claimed to generate high returns no risk. it may be a Ponzi scheme but I cann't tell anyone it with 100%. May old users get money from funds contributed by new investors?

[keyscore44]

Hello everyone.
Interested in cloud mining and want to build up your passive income based on Ethereum?
Min. investment for basic program to start mining is 1.75Eth with 53% ROI.
Payouts to Kelta wallet every Monday.
Withdraws anytime(check fees).
Good thing in Kelta is, that you can withdraw your investment
Check out my tutorial, how to start here: https://5e133db17309c.site123.me/

53% ROI sounds too good to be true, if that's coming from KLETA then the project can't be trusted, only scam projects gives up such huge amount of ROI just for staking, not real, ROI from real projects are just 4% to 7% annual, wake up cos you are sleeping

I think so. First of all if someone has interests, he/she must know its business model and strategies, does it require you to
be an accredited investor or not?. so everyone must  be careful the projects like that promising to invest funds in opportunities claimed to generate high returns no risk. it may be a Ponzi scheme but I cann't tell anyone it with 100%. May old users get money from funds contributed by new investors?

You'll never know that. Even if someone have mining rigs, that doesn't mean they will share a profit with you.
The main signal in such situations is that someone guarantees profit, and that the profit is at such a high level. The basic thing about the cryptocurrency market is that no one can guarantee anything, because prices and profit are determined by the free market and not by the project owner.
In this situation, there can be no question of guaranteeing anything, and certainly not ROI at such a high level.