Fake Mining and investment platforms targeting local Users.

[casey15]

For a while now, I've noticed some fake Bitcoin mining ads all over the internet, most especially on Facebook and Instagram, and they are targeting people in our region.
They usually promise high returns in mining profit daily and they show fake dashboards..

 Some of their tactics that they use to draw in people are
• Promises of fake fixed profits like 5% or 10% weekly. Real mining doesn't give guarantee returns as there is no constant profit that is guaranteed.
• They usually tell you that there are limited slots available and that you should act now or that this is the last chance
• When ever you  ask them in the comment about the technical aspect of the mining, they usually avoid them and find excuses to dodge such questions.
• The ads are usually from companies that are not verified and they is no Blockchain proof of the mining operation
• These platforms gives login that requires you to refer people to withdraw.. withdrawal may work at first, but suddenly stop when enough people have joined in.

Most of these ads are just ponzi schemes that disguises as mining companies.
Real mining requires hardware, electricity, maintenance and profit avary with network difficulty and price... Risk free mining income is a major red flag.

I will advice that you do not join such companies.. if you must join, make sure you verify the company history, if it's brand new, please run away..
Check if the payouts are recorded in the Blockchain, ask technical questions and see how they answer them.  Never trust it if it gives a guaranteed profit return....

Have you encountered anyone ..share your experience

[Hypnotizer]

• Promises of fake fixed profits like 5% or 10% weekly. Real mining doesn't give guarantee returns as there is no constant profit that is guaranteed.

Red flag 🚩
On a normal day, when you see stuffs like this promising high returns in profit you should know that they’re definitely scams.

• They usually tell you that there are limited slots available and that you should act now or that this is the last chance

All this scams sef, I know they’re people that can fall for this but anyone that falls for this is either greedy or a quick-money chaser!

• When ever you  ask them in the comment about the technical aspect of the mining, they usually avoid them and find excuses to dodge such questions.

It is because they can’t justify their claims because they’re all false.

• The ads are usually from companies that are not verified and they is no Blockchain proof of the mining operation

Sometimes, this kinda scam can even pay for adverts in reputable social media apps that run adverts but you’ll always find something fishy in their marketing and strategies.

 

• These platforms gives login that requires you to refer people to withdraw.. withdrawal may work at first, but suddenly stop when enough people have joined in.

That’s how all this scams work, they use this kinda tricks  to build trust among the few greedy people that fall for their scams and when they got the numbers they just exits!

[Y3shot]

For those who are looking for how they can make money quickly, they may likely fall for it, but those who understand and normally make findings to know if things like these are reliable will be lucky not to fall victim.

The scam rate on social media is skyrocketing day by day; online scams are nothing new, but people still fall for them mainly because they choose to be ignorant about making money quickly, which does not work that way. One of the benefits of understanding how scams work is that it helps one to be conscious not to become a victim of online scammers.

[AYOBA]

For those who are looking for how they can make money quickly, they may likely fall for it, but those who understand and normally make findings to know if things like these are reliable will be lucky not to fall victim.

The scam rate on social media is skyrocketing day by day; online scams are nothing new, but people still fall for them mainly because they choose to be ignorant about making money quickly, which does not work that way. One of the benefits of understanding how scams work is that it helps one to be conscious not to become a victim of online scammers.

That’s the fact mate: those who always chasing up and down are the one that easily fall in the hand of the scammer, because by the time their chasing the money they don’t care what will come their way all their aim is for them to quickly money which doesn’t work in that way; everyone who want make money have to be patient and endure so that they can get the best out of the way of making money.

But due to the lack of the patience is what cause most of the people fall in the hand of scammers, that’s why been conscious is one of the best key to the success in terms of chasing money. What some people think is that if they continue chasing the money they might get what they want quickly and life is not all about that.

[Amphenomenon]

For those who are looking for how they can make money quickly, they may likely fall for it, but those who understand and normally make findings to know if things like these are reliable will be lucky not to fall victim.

While some are just being greedy or foolish, others are ignorant or have wrong idea of the crypto space. It's on the social media cryptocurrency is often portrayed as a get rich scheme and the fact that such individual might have heard about bitcoin mining and other altcoins mining they might be tempted to believe. Although still this is bad because one never should ignore the importance about doing their own research especially outside social media and relying on friends or acquaintance.

The scam rate on social media is skyrocketing day by day; online scams are nothing new, but people still fall for them mainly because they choose to be ignorant about making money quickly, which does not work that way. One of the benefits of understanding how scams work is that it helps one to be conscious not to become a victim of online scammers.

Social media will continue to be a place for scammers because there are so many gullible people. Now that cryptocurrency ads are being allowed at big social media like Facebook this will make this even easier for scammers.

Although in 2026 individuals shouldn't be falling for cloud mining scam but sadly it is happening. Many on social platforms don't know much about security or how vulnerable they are and this is also a factor of influence.

[Stable090]

For a while now, I've noticed some fake Bitcoin mining ads all over the internet, most especially on Facebook and Instagram, and they are targeting people in our region.
They usually promise high returns in mining profit daily and they show fake dashboards..

We suppose Dey careful now, na scammers just full social media now, most of all dis advertisement wey we Dey see for social media, most of them na just scam, and mostly na newbies na people wey dem Dey target be that because they know say na newbies go fall for there trap, most of this mining and fake investment wey dem Dey use scam people, na still newbies go fall for am because person wey don Dey crypto space for some time go know say na scammer dem be.

When you see an investment strategy that they claim it’s risk free, make we avoid am, then if we see investment strategy wey be say dem Dey promise high reward, then make we know say na scam, na that reward dem Dey use get people attention.