[Innovamine.io] CloudMining - Legit & Paying [SCAM!!!]

[ChrisCross86]

FROM CURRENT POINT OF VIEW, it seems as if thex exit scammed. Don't invest!


Dear all,

I would like to share information on an upcoming cloud mining provider. I'm using them for 4 weeks now and they are constantly paying, have a great support and are paying far above average.

I follow two goal with this thread:

• Share the great opportunity with you
  
• Get your honest view on innovamine.io

My personal summary

-The website is up-to-date with all neccessary security features and cash out happens instantly.

-Support in telegram channel is helpful, friendly and close to 24h online.

-Great benefits available
---Use Cou#pon Code: GETXTRAHASH to receive 2% bonus hashrate on top of each purchase

-Technical support per e-mail is fast and reliable

-The company is registered in Australia and reviewed by SEC

-The 3 heads of the company are real life persons - see one pager / white paper

-You can mine BTC, BCH, ZEC, ETH, DSH, LTC

-The are planning to increase the facility according to telegram admin

-I recommend to calculate gains, taking compound interest into account - the possible gains are huge, when reinvesting gains
---Current interest BTC: 2,14% per day!!
---Current interest BCH: 2,34% per day!

-All in all it seems to be to good to be true



Useful links:

User Review
https://www.cryptocompare.com/mining/innovamine/

Website
https://innovamine.io/

One Pager / White Paper
https://innovamine.io/Innovamine_ONEPAGE.pdf

Australian SEC Registration
https://innovamine.io/registration.pdf

Link to Sec Website
https://connectonline.asic.gov.au/RegistrySearch/faces/landing/NameAvail.jspx?_adf.ctrl-state=wwga1tr97_4

Bonus Code to get 2% extra Hashpower
GETSEVENTOP

Link to SEC documents on a Google Drive, credits to kainhnl
https://drive.google.com/open?id=1kxZ8vWGNJWDGnzwCSHigQLNBJq0xSLnP

Steemit - Article explaining basics
https://steemit.com/bitcoin/@cryptocross/innovamine-io-a-cloud-mining-company

Steemit - Investment strategies
https://steemit.com/bitcoin/@cryptocross/innovamine-innovamine-io-high-risk-high-reward-investment-strategy

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[efudd]

---Use Cou#pon Code: GETXTRAHASH to receive 6% bonus hashrate on top of each purchase

Bonus Code to get 2% extra Hashpower
GETXTRAHASH

.... so is it 2%? or 6%?

-All in all it seems to be to good to be true

Agreed.

-j

[swogerino]

It seems like a good project but maybe these will soon be clone of Genesis mining if they are legit and paying above normal.I saw the video and they have equipment available but they should give us a bit more information.

The question we all ask here is why share it with others when is profitable for you?As long as I don't have a good answer to this question I am staying away.

[MATHReX]

It seems like a good project but maybe these will soon be clone of Genesis mining if they are legit and paying above normal.I saw the video and they have equipment available but they should give us a bit more information.

The question we all ask here is why share it with others when is profitable for you?As long as I don't have a good answer to this question I am staying away.

True that.
According to their calculations and such. Investing $40 for a basic 2 years ETH contract with everything included (10MH/s) will net ~$100 a year which is really good but if the profitability is that much.
Then why to sale hashrate rather than mining for themselves?

The website is really well done and all seems legit but still, I won't ever recommend Cloud mining because of its nature.

[ChrisCross86]

It seems like a good project but maybe these will soon be clone of Genesis mining if they are legit and paying above normal.I saw the video and they have equipment available but they should give us a bit more information.

The question we all ask here is why share it with others when is profitable for you?As long as I don't have a good answer to this question I am staying away.

True that.
According to their calculations and such. Investing $40 for a basic 2 years ETH contract with everything included (10MH/s) will net ~$100 a year which is really good but if the profitability is that much.
Then why to sale hashrate rather than mining for themselves?

The website is really well done and all seems legit but still, I won't ever recommend Cloud mining because of its nature.

And ETH is the Crypto with the lowest profit. My gut is not yet 100% convinced. But possible returns are so extremely appealing and get even more promising when you take a rising BTC price into account.

And even if they are only online 40 more days after your initial investment, your invest is already back. Afterwards it is pure profit.

I have done an excel calculation with cash out phase of 40 days until invest is back and 50% reinvest / 50% cash out afterwards and the possible gains are huge.

[vincl]

haha
"And even if they are only online 40 more days after your initial investment, your invest is already back."

so 40 days ROI? i smell ponzi.

[Dr.Osh]

I have some experience in cloudmining. for now, it seems like I want to monitor the development of this site in advance. however, cloudmining is a bit risky. well, we can't prove the seriousness of the site within a few months. so, I will only see this development for a while.

[ChrisCross86]

I have some experience in cloudmining. for now, it seems like I want to monitor the development of this site in advance. however, cloudmining is a bit risky. well, we can't prove the seriousness of the site within a few months. so, I will only see this development for a while.

Might be wise to watch how they develop or just start with a small investment.

Coupon: GETXTRAHASH gives additional Hash Power when buying a contract.

[ronnieb]

too good to be true is never a good sign in the crypto world. especially with cloud mining involved. if you're going to invest in this, just do what you think you can afford to lose.

[CjMapope]

site looks scammy as hell
cant find that biz number registered anywhere ( 631 027 391)
i personally wouldn't give these dudes a penny, we have reputable places like hashnest
why risk it?

[ChrisCross86]

site looks scammy as hell
cant find that biz number registered anywhere ( 631 027 391)
i personally wouldn't give these dudes a penny, we have reputable places like hashnest
why risk it?

I appreciate your feedback. Can you point out what in detail looks scammy for you?

[rdluffy]

They provided some documents to prove they are a real company registered in Australia, but I searched and I found nothing...
The official website to look is https://asic.gov.au/

[ChrisCross86]

They provided some documents to prove they are a real company registered in Australia, but I searched and I found nothing...
The official website to look is https://asic.gov.au/

You find them on the SEC Australia website via the search.

I'm still happy and get paid every day - if someone wants to try, you can use the following coupon:

GETSEVENTOP ---- This will get you 2% additional Hash Power

[vincl]

They provided some documents to prove they are a real company registered in Australia, but I searched and I found nothing...
The official website to look is https://asic.gov.au/

You find them on the SEC Australia website via the search.

I'm still happy and get paid every day - if someone wants to try, you can use the following coupon:

GETXTRAHASH ---- This will get you 2% additional Hash Power

you are such a shill. im pretty sure you get paid by them or are working for them

[rdluffy]

They provided some documents to prove they are a real company registered in Australia, but I searched and I found nothing...
The official website to look is https://asic.gov.au/

You find them on the SEC Australia website via the search.

I'm still happy and get paid every day - if someone wants to try, you can use the following coupon:

GETXTRAHASH ---- This will get you 2% additional Hash Power

Ok, very good to know, but can you send me the link where I can find Innova Mine on SEC Australia, because it's easy to say that, but I searched and found nothing
I hope you can send me

[ChrisCross86]

They provided some documents to prove they are a real company registered in Australia, but I searched and I found nothing...
The official website to look is https://asic.gov.au/

You find them on the SEC Australia website via the search.

I'm still happy and get paid every day - if someone wants to try, you can use the following coupon:

GETXTRAHASH ---- This will get you 2% additional Hash Power

Ok, very good to know, but can you send me the link where I can find Innova Mine on SEC Australia, because it's easy to say that, but I searched and found nothing
I hope you can send me

The website is not really user friendly. It took me also some time to find the company. Here is the link:

https://connectonline.asic.gov.au/RegistrySearch/faces/landing/NameAvail.jspx?_adf.ctrl-state=wwga1tr97_4

[rdluffy]

They provided some documents to prove they are a real company registered in Australia, but I searched and I found nothing...
The official website to look is https://asic.gov.au/

You find them on the SEC Australia website via the search.

I'm still happy and get paid every day - if someone wants to try, you can use the following coupon:

GETXTRAHASH ---- This will get you 2% additional Hash Power

Ok, very good to know, but can you send me the link where I can find Innova Mine on SEC Australia, because it's easy to say that, but I searched and found nothing
I hope you can send me

The website is not really user friendly. It took me also some time to find the company. Here is the link:

https://connectonline.asic.gov.au/RegistrySearch/faces/landing/NameAvail.jspx?_adf.ctrl-state=wwga1tr97_4

Thanks, I'll look for more information on this website

[vincl]

cmon guys..check the profile of ChrisCross86
since nov 2018 he didnt post anything. and now suddenly..BOOM he starts a new thread promoting an this (very likely) ponzi scheme. someone hacked this account or he bought this account with some reputation..

[ChrisCross86]

cmon guys..check the profile of ChrisCross86
since nov 2018 he didnt post anything. and now suddenly..BOOM he starts a new thread promoting an this (very likely) ponzi scheme. someone hacked this account or he bought this account with some reputation..

I get a commission when someone uses the code above mentioned. That is true.

The aim of this thread it still to give other members the chance to also participate from this project. Imho this is one of the main goals and targets of a community based forum.

And on top I would be happy to hear some thoughts from you guys if this company is real and has the chance to survive.

[kainhnl]

So I bought one ETH contract $100 and two BCH contracts for ~$900 and I've earned back $421 since 7 June.  I was getting starry-eyed and managed to pull my head out of my ass and decided if I was going to add more I might as well spend money on some research.  So I bought the attached documents from the Australian government for roughly $70 dollars. Short of going there my self, I can't make much out of the information. If anyone can dig a little. Maybe someone who's from there can visit the addresses. I'm still not confident to add more contracts. The only thing Daniel, supposedly the owner, in responding to my email about his sustainability, said they earn trading fees which are used to boost pay to mining contracts.  BUT, their trading page is a load of crock.

The 201 Sussex st address in the docs shows a big business park. I can't make heads or tail whether innovatrade own the whole place or its one of those mailbox services that pose as real business addresses.

Check out the innovatrade PTY registration docs here: https://drive.google.com/open?id=1kxZ8vWGNJWDGnzwCSHigQLNBJq0xSLnP