User management: Web
Company transparency/support: Not Legit
Payment options: BTC
Reward type/share/pool: N/A
Cost electric power per TH/day (btc): $85 per month
Contract price per Th/year (btc): N/A
Earning return: N/A
User Review( votes)
- Also owns an exchange in addition to cloud mining
- Company information is available in public
- Only offers Bitcoin mining
- No photos or videos of mining data centers
- No Affiliate Program
Bitcoin India claims to be the only cloud mining company in India. The company was co-founded by Brett Mason, an Australian entrepreneur. Its current CEO is Sykam Ramakrishna Reddy. Bitcoin India is registered with the Ministry of Corporate Affairs of India and goes by the name of Bitcoin India™ Software Services Pvt. Ltd.
The registered head office of Bitcoin India™ Software Services Pvt. Ltd. is in Andhra Pradesh, a state in the Southern region of India. They have also provided a Google Play Store link of their mobile wallet in their “About Us” page. However, the link is not working anymore.
We did a quick search on Google Play Store to check if the wallet is still active. We found that it is still available on Google Play Store. This means that the company has not updated the link to their wallet on the “About Us” section of their website. They are still active on Facebook. However, almost all Facebook reviews about them are fake and anyone reading them can spot the fake profiles right away.
The website of Bitcoin India is old and offers limited functionalities. It is a very ugly looking website and the users are likely to experience a very poor user experience while going through their website.
Bitcoin India offers cloud mining, digital wallet, and crypto exchange services to its clientele. However, when we check all pages related to their services, we found that the exchange services are not available at the moment. Instead, they mention that users can use their mobile applications to exchange their bitcoin.
We checked their web page about cloud mining service and it seems that they don’t offer cloud mining service anymore. The webpage has an “Out of Stock” message currently. They have only one plan and it is priced at 0.151283 BTC ($1387.26 at current prices) for 14 Th/s. They also charge an electricity fee of $85 per month.
Bitcoin India used to be a credible website in its heydays. However, they did not attain much success since the last few years and have discontinued many of their services.
We believe that Bitcoin India used to be a credible company in the past but because of limited information about them since the last few years, we suggest staying away from them.
Bitcoin Mining India is a doubtful case overall and many users have left negative reviews about them. This in addition to limited information about them since last year or so, raises lots of questions about credibility of their business today.
Our verdict is clear, Bitcoin Mining India is a scam.