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Author Topic: Should I Invest in Bitminer.io?  (Read 1379 times)
jeniferqueen0409
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October 27, 2017, 11:40:42 AM
 #21

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.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Blake_Last
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October 28, 2017, 01:32:15 AM
 #22

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.

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October 28, 2017, 04:43:23 PM
 #23

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.
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October 28, 2017, 06:06:42 PM
 #24

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.
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October 29, 2017, 02:00:27 AM
 #25

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
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October 29, 2017, 03:51:55 AM
 #26

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.

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October 29, 2017, 04:24:51 AM
 #27

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.
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October 29, 2017, 10:51:38 AM
 #28

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.

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cardoyasilad
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October 31, 2017, 02:30:05 PM
 #29

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.

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BitHodler
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October 31, 2017, 03:07:04 PM
 #30

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.

BSV is not the real Bcash. Bcash is the real Bcash.
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December 07, 2017, 01:46:07 PM
 #31

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.
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January 15, 2018, 12:36:20 AM
 #32

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!
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January 15, 2018, 05:05:46 AM
 #33

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 Sad
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