*SCAM ALERT* Has anyone seen this website before? *SCAM ALERT*

[dansus021]

Yes, it seems fake to me too because the profit is far higher than the legit cloud mining. Most of cloud mining is scam, even you fund the legit cloud mining... it's not profitable.

Pay 6,29 BTC to earn 1,57+ BTC per day, it sound to good to be true. I'd say this is a ponzi scheme behind cloud mining.

i Agreed. Totally ponzi scheme 

no pic of farm and yeah pay 6 BTC earn 1 BTC per day, dude this is impossible.

if this possible many people will jump into mining industry.

[Reatim]

Yes, it seems fake to me too because the profit is far higher than the legit cloud mining. Most of cloud mining is scam, even you fund the legit cloud mining... it's not profitable.

Pay 6,29 BTC to earn 1,57+ BTC per day, it sound to good to be true. I'd say this is a ponzi scheme behind cloud mining.

i Agreed. Totally ponzi scheme 

no pic of farm and yeah pay 6 BTC earn 1 BTC per day, dude this is impossible.

if this possible many people will jump into mining industry.

That's wild, in just a week you'll be able to earn 1 BTC never in any legal business.

Very huge money and even this mining business have a large mining farm or farms it won't be possible to deliver that interest
in a short span of time.

Stay away from this kind of Ponzi business, the offer is really too good
to be true, this only to allure people.

[Eugenar]

Never been in such website but eversince, there's no such way of earning money easily.

Many websites and companies of such, are spreading since this pandemic has started, although things like these are not new, but the quantity is quite surprising nowadays. Many people are being baited because many people are looking for a way to earn profit while they are at home since many companies and work establishments are forced to stop their operations. Maybe it is also the reason why ponzi schemes are arising.

[Sapphire915]

I've never seen this website before and upon checking it out, it looks like too good to be true. Its always been good to ask some friends and this respectable forum where we belong before engaging to that kind of fake scheme. You are on the right track, we need to be very careful nowadays especially that a lot of scammers are scattered everywhere.

[bob123]

It says that you can earn $250/day by mining Bitcoin. You would buy a miner and it will mine Bitcoin.

It seems fake to me [...]

Your feeling is right.
Almost all cloud mining companies are scams. And so is anything promising fixed or too high returns. There are tons of scams out there.

If you don't have a large capital to get into mining as well as a location and cheap electricity, stay away form any form of mining.
You are better off just buying BTC (maybe dollar cost averaging) and treat them like a long term investment. That's definitely the wiser decision.

[thesmallgod]

I have no idea how you guys get all this website. Most especially the newbie. It is not possible to earn a fixed amount by mining. Without going far, if you check the website development, you must have realized there is a strong indication that this is a scam site. No single link to their social media pages to collect information feedback from customers. You only get directed to social media websites. All the feature links at the footer are not working but keep redirecting you up to the main page and yet the customer support chat box is always available to compel people to pay for their package.

[ChiBitCTy]

It's important to remember that anytime anyone is "guaranteeing" that you will make a certain profit, then it is with out question a scam. There is no such thing as a guaranteed return and is actually against SEC rules to do as such.

[The Cryptovator]

I can't imagine more than a 25% per day return on investment. If something above the Ponzi scheme then that's it. Do you think even a real miner who has been bought mining equipment, are they earning daily 25 percent? How a so-called cloud mining website could give you such as return. I don't believe in this scheme or so-called cloud mining. Just stay away from them and save your valuable assets. Sometimes we should use our common sense, so it would help us prevent such as greedy scam attempt.

[Twentyonepaylots]

Clound mining companies are scam, there are only a few popular clound mining sites that you can trusts and frankly speaking that website is a pure shit and scam. Aside that's too good to be true for an investment, If cloud mining is that profitable why will they need you for investment? If you are interested in mining bitcoins, you could have just build your own mining gear but I'm telling you it will be expensive as ever, you'll be needing an updated tools for mining and the competition is very high, this is why some old miners are switching from bitcoin to its forks and other cryptocurrencies that has a low competition and low reward.

[ardainvests]

Thank you for all of the great responses. I appreciate it very much. I learned a lot from all the feedback I received.

It is clearly a scam and nothing more. Please be super safe and careful. Don't invest in anything that is not totally legit.

The way I found out about that website was from someone on Telegram. I was interested in earning high yield on my Binance coins at https://www.kava.io/ but ran into a snag and went to ask the official Kava group at Telegram and someone mentioned that stupid scam website to me. I checked it out and it seemed very scammy. I thought I would post about it here to see what more experienced people would have to say about mining services. I already knew about companies that mined Bitcoin but I didn't know that individual investors could do it.

Thanks again. I appreciate it.