Should I Invest in Bitminer.io?

[Md.Esamul Haque]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

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[valentin68]

No, please do not do this. I wanted to connect to bitminer.io and I received an error 502 already. There have been many sites as bitminer.io, that gives you free bitcoin each day but you have to upgrade to withdraw (and they have not paid as promised). This is very risky, no one guarantees you that bitminer.io is going to pay you if you upgrade. If I were you I would google "bitminer.io reviews" and read other people opinions about this website.  

[Fidemoga]

Bitminer io is scamming since a around a year. But there are still many members who get trapped. Like scam works: You see a nice picture where they see the Bitcoin "mining". They wait several days until they reach payout minimim. Now they see payout request and think they soon get their money. Then nothing happens and on payout page they are told to get faster payout, when they "upgrade" or recrut new refs. But believe us. They never pay.

[Slow death]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

they are ponzi scheme, did you see any miner offering this return? Why have not you ever seen some miner offer such a return? because it is not profitable, then open your mind and never invest in ponzi schemes


Administrative Contact Information:

Name: WhoisGuard Protected
Organization: WhoisGuard, Inc
Address: P.O. Box 0823-03411
City: Panama
State/Province: Panama
Postal Code:
Country: PA
Phone: +507.8365503
Fax: +51.17057182

Source: https://who.is/whois/bitminer.io

[jhenfelipe]

I thought no one uses the site already, it's been a year when the discussion started here in the forum and for sure there were reviews you could search in google as well. You shouldn't invest in the site. Their free miner is like a bait, after users earn through it they won't be able to withdraw unless they upgrade. After upgrading still no assurance of payout. I've quoted below one review from a premium user which I think is enough proof on how this site works.

Please note!

Hello,

I would like to prove to you by means of pictures that you are deceived by the operators website "bitminer.io" for your money.

The site is run by criminals who give the impression that you can earn money by registering and upgrading your account. In fact, only small disbursements are made to convince you of an account upgrade.

This scam platform is operated and hosted by the Russian web hosting provider "sweb.ru".

Please DO NOT log in to this site and DO NOT make any payments to these fraudsters. They are criminal and should be prosecuted immediately and sentenced to a long term of imprisonment.

Please contact the Russian web hosting provider "sweb.ru" and tell him that he provides his services to criminals, who have already deceived a large number of people by many thousand dollars, so that the provider can quickly get the site out of the Internet access.

I advise the injured party to file a criminal complaint against the operators of the website "bitminer.io", so that the responsible persons can be identified, arrested and imprisoned as soon as possible.



Here are some pictures that prove the fraud:

[Fidemoga]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

they are ponzi scheme, did you see any miner offering this return? Why have not you ever seen some miner offer such a return? because it is not profitable, then open your mind and never invest in ponzi schemes


Administrative Contact Information:

Name: WhoisGuard Protected
Organization: WhoisGuard, Inc
Address: P.O. Box 0823-03411
City: Panama
State/Province: Panama
Postal Code:
Country: PA
Phone: +507.8365503
Fax: +51.17057182

Source: https://who.is/whois/bitminer.io

They are not ponzi. They are scam. Ponzi woukd pay some users  But their payment prooves are fake.

[drm]

The scam is clear in this one. Let this be a lesson for now and for the future, never join ponzi looking scam shit like this.

[blockman]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

Can you imagine what's the twist there? They are allowing you to earn free but you can't withdraw it? You should think about it that there's something fishy about their site. They are pushing people to invest and upgrade their accounts just to add another feature of withdrawing the funds / profits which is the most important feature of an investment site. Don't waste your time on bitminer.io, go at any trading platform and dedicate your time of choosing the best alt coins.

[Choii]

Don't invest that kind of mining site it's a scam. I also try to invest in Bitminer.io and i reach the minimum amount ( i think 0.005 before you can withdraw ) and i try to withdraw in Bitminer.io to get my bitcoin but until now the withdrawal status is pending. And i think before you can withdraw you can deposit or upgrade you account first, that is what other said that why i decided to stop using that kind of mining site.

[Ararbermas]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

its not legit bro since 2016 when my first try on that site they provided a fake or false testimonials to convince client to do some stupid stuff such as paying for upgrade lol.  for short its a ponzi bro dont waste your time on it . Sorry for your loss bro there are no ways to refund that 12 lac of satoshi. I suggest next time make some research if the site you want to invest is not have intention to run your money. Best regards

[spngebob]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

Don't upgrade you will lose money.
It is ponzi scam please read this and avoid sites like that.
Whenever you see site offering unrealistic gains it is scam, you don't have to think twice about it.
General rule applies here - if it sounds too good to be truth it probably is.

[Carmen01]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

i always read a topic in mining in different section so this is not here and the answer here is dont trust bitminer.io because the history of this cloud mining is not good ,i think invest in eobot because its have a good history and enthrade.org you need to think many times before you join in some investment here because you dont know what will happen in their site in the future even its legit

[kolesozw]

Bitminer.io is complete ponzi-style "mining game". There was 1000s of those in the past and the result is always the same - people are losing their money.

[passwordnow]

No, don't upgrade if you don't want to lose your money. But if you are going to upgrade their, we warned you about bitminer.io it's a scam and those people that will upgrade their accounts there will never see it again. The same style of these scams, ponzi's , cloud mining other types of scam investments.

[JanpriX]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

I'm not a user of this website but a quick search in the internet tells me that this a scam site. The fact that you accumulated some satoshi from them and you can't withdraw if (due to the free version that you have) tells us that this site has some serious problem. Don't deposit any BTC there because there's a high chance that they would not let you withdraw it either. Better stay away from this and find some other legit way to earn some BTC. Don't waste your time here.

[Panda Trump]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

This site is obviously a scam. Anything offering 20% interest per day is a scam. Even if you are offered that amount per year you should be sceptical...

Others said you should google some reviews about BitMiner, but that's not even necessary if it's obviously a scam and it is obvious here.

Regards,
Trump

[deadsilent]

Stay away from bitminer mate. It's a scam https://www.google.com.ph/amp/s/amp.reddit.com/r/Bitcoin/comments/54a2vt/its_been_verified_bitminerio_does_not_pay_out/
As you experience, you are not be able to withdraw your funds there. Many victims experienced that too. That's true.
Stay away from any HYIP ponzi scheme. You'll only lose your money there. Cloudmining can turn into a scam. If you their history, you'll know why people are avoiding them.

[h0lybyte]

Bitminer.io is world's number one professional scam, they have many other webpages on internet with different scam ideas.
This virtual miners offer free mining at startup but when reach payout level, you will be asked to pay for miner upgradation fee.
Once you pay, neither you will be paid your earnings nor your base investment. Stay away from such scam schemes

[Panda Trump]

Bitminer.io is world's number one professional scam, they have many other webpages on internet with different scam ideas.
This virtual miners offer free mining at startup but when reach payout level, you will be asked to pay for miner upgradation fee.
Once you pay, neither you will be paid your earnings nor your base investment. Stay away from such scam schemes

Nah, they aren't the world's number one professional scam. I honestly think Bitconnect is the number one.
This is quite an obvious scam actually. Thus, I do not agree with your analysis.

They might own other firms, but most of the ones I've seen they own too are not very good scams, so I highly doubt it.

Regards,
Trump

[Catmony]

NO you shouldn't bitminer is pure ponzi and no any ponzi can stay in business for more than few days or months. You will be scammed at any point and their mining is just a virtual mining so they are paying (might be paying) their investors with all new money they are getting from newbies like you.

You should Never invest in any hyip like this.

[jeniferqueen0409]

I'm sure btcminer is a scam, it is a ponzi scheme. It's all a fake and scam, they have just got your money, they want you to pay them for upgrades and then you can never withdraws your bitcoin that you mining.

[Blake_Last]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

BitMiner.io is a scam so it's best not to invest your money there. In fact, if I'm not mistaken the owner of that site, Giacomo Bugini, is also the owner who runs the Ponzi cloud mining sites Btcprominer.life, Bitminer.eu and Startminer.io. I recommend you check this link here and see the other scam accusations against him in this forum.

[pratik009]

No never invest in bitminer.io because it is scam.i invest on this website but now I couldn't login my account and it's show error.i also invest in auroramine btc Miner site and it's also scame.so I suggests you to never invest in the btc minning sites because all sites are scam they never give you profits.And also stole your investment.so be aware from such minning sites and never invest in it.

[CyberKuro]

Fortunately you ask before give them free money, this site is too good to be true, have been around over a year and still be able to deceive newbies? LoL
You can simply google and type "bitminer.io scam" then all the proof about their scam activities and related accounts-sites will be there.
Remember, there is no an easy-instant money without any effort and go through time to gain profits, even for legit project could be ended bad if something happen.
To invest your funds, not scam is not enough, do some search and consider few things before invest into a site or project.

[Heyyyrenz]

No don't invest in bitminer.io it's a ponzi scheme, before i start working here in the cryptocurrency industry I've been introduced to that bitminer.io and yes I just waste time there because i thought that's how mining works then i do a research and i found out that that's not how the real mining works and i've made a research about it's review and most of all they say before withdrawing the profit they "earned" they need to invest first and that's the time i've made a second though about it and there's something about it and according to the reviews i read most of them gets an error when they withdraw their money and some are pending for about a week.

So if you're wondering how real mining works read this: https://www.weusecoins.com/en/mining-guide/

[hello_good_sir]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

It's not legit. I'm assuming that you're talking about lakh(indian counting system), and it's a big sum of money(over $50 just to upgrade your account and get your money out of your account). Trust me don't do it.

If you do, you're just going to get scammed.

The site isn't legit, and isn't even a ponzi scheme imo. It's going to take your money, and run with it.

[jorneyflair]

Use this site to always evaluate the site you want to invest in if you are not sure: https://99bitcoins.com/bitcoin-scam-test/

The site that you have mentioned in the OP is a classic scam where they give you some coins to start with but require you to give them some bitcoins in order for you to withdraw the coins that you have earned for free.

Please don't give these scammers anything.

[ethereumhunter]

Dear friends,I have an account in Bitminer.io where 12 lac satoshi have accumulated.But I can't withdraw it due to free version.Now I want to upgrade it with 10 lac satoshi.But I don't know about this site is legit or not.So I need suggestion from you.

its better to stay away from that site and i think you can try with the other like genesis mining and hashnest but for now, it is too difficult to reach roi in short time and you will waiting too long. i think its better to hold your bitcoin or you can start to do trading because you can reach huge profit with the right coins. but its up to you, we all here is only give advice and its depend on yourself and if finally you decide to deposit into that site, i suggest you to be careful and not regret if something bad is happen.

[cardoyasilad]

Great idea you ask here first before making any move don't invest in bitminer it's a ponzi/scam this site will not pay you even you upgrade your account.

[BitHodler]

Great idea you ask here first before making any move don't invest in bitminer it's a ponzi/scam this site will not pay you even you upgrade your account.

Just searching through the internet is more than enough to do the job. In most cases the answers people here give in regards to cloud mining are worthless ~ how can you take anyone serious when they think GM is legit?

This forum is infested with such people. Their logic is basically that if a certain cloud mining service is paying out as promised, it is legit by default. It's stupidity all the way through, that's the hard reality.

Anyone with common sense will always avoid anything that has to do with cloud mining. Seriously, what's the point of waiting for whatever cloud mining service to pay you your money slowly back? It doesn't make sense.

[Ariel243]

You can report bitminer.io at https://actionfraud.police.uk/ since the address belongs to that country, and maybe you will recover some of your money.

[VarDiff]

Just for your information:

They use a primitive psychological scheme. First, they show you the money, then they promise that you can withdraw it, but at the last moment something goes wrong. Here they are, just stretch out your hand. You just need to pay for the "upgrade".

They explain it this way: "Our system has detected 2 free BitMiner V1.0 accounts on your IP address. You can only have one free account at a time! You need to upgrade your BitMiner to make withdrawals. Withdrawals for premium accounts are not limited."

But it's just a lie. Don't be fools!

[teddy5145]

You can report bitminer.io at https://actionfraud.police.uk/ since the address belongs to that country, and maybe you will recover some of your money.

It' wont do much
the UK address most likely belongs to hosting company or something like that, if you report the best that they can do is to suspend the website, which can easily be hosted back on another provider
Honestly, the only way to kill Ponzi is to not invest anything in it and let the website dead
alas, people were too greedy and bought it anyway