Website Review : SCAM or LEGIT?

Bitmine.farm Review SCAM or Legit?

Scam
problem

-

- Advertisement -

Bitmine.farm Review SCAM or Legit?

Summary

User management: Hyip script/Standard template
Company transparency: Not Legit
Payment options: BTC 
Affiliate: N/A
Reward type/share/pool: N/A
Cost electric power per TH/day (BTC): N/A
Contract price: Starts from 0.01 BTC  
Earning return: N/A 

Sending
User Review
0 (0 votes)

Status: SCAM-PROJECT
(classified as HYIP)

Sometimes you just wonder, How stupid do these HYIP admins think we are?

pros

  • Free 500 GH/s

cons

  • Limited information about the company
  • Poorly designed website

Disclaimer: This site is a category HYIP (high-yield investment program) and will pay only for a certain time. As for all HYIP websites, this can change any moment and we need to stress to you that deposit to such sites is not recommended unless you like to gamble with your money at your own risk.

Red-Flag Score

  • Company registration: Y
  • Address: Y
  • People identity: Y
  • Script/code: Y
  • Design: Y
  • Profit return: Y
  • Onsite statistic process: N
  • Payment processors: N
  • Video/Images of facilities: Y
  • Registered on HYIP Monitors: N

SCAM SCORE = 7/10

STATUS: SCAM-PROJECT 

Company

Bitmine farm has provided very limited information about the company. They have not mentioned who owns the company and neither have they provided the names of their key personnel. We got to know from their contact us page that they have a remote office in Haidian District, Beijing. The following information is available on their website:

“BIT MINE FARM is a privately owned company, we’re a team of passionate specialists who’s specialized in Bitcoin mining using the physical hardware miners.”

Plans 

Bitmine.farm has eight plans for its users. These are:

  • Antminer S9K
  • 11000 GH/s – Shared
  • Runs for 30 Days
  • Mine 0.00003833 BTC Daily
  • Price: 0.001 BTC
  • Antminer S9K
  • 60000 GH/s – Shared
  • Runs for 30 Days
  • Mine 0.00020833 BTC Daily
  • Price: 0.005 BTC
  • Antminer T17
  • 125000 GH/s – Shared
  • Runs for 30 Days
  • Mine 0.00045000 BTC Daily
  • Price: 0.01 BTC
  • Antminer T17
  • 630000 GH/s – Shared
  • Runs for 30 Days
  • Mine 0.00250000 BTC Daily 
  • Price: 0.05 BTC
  • Antminer S17 Pro
  • 1270000 GH/s – Shared
  • Runs for 30 Days
  • Mine 0.00566667 BTC Daily
  • Price: 0.1 BTC
  • Antminer S17 Pro
  • 635000 GH/s – Private
  • Runs for 30 Days
  • Mine 0.03166667 BTC Daily
  • Price: 0.5 BTC
  • Antminer S17 E-Series
  • 1380000 GH/s – Private
  • Runs for 30 Days
  • Mine 0.07166667 BTC Daily
  • Price: 1 BTC
  • Antminer S17 Pro+
  • 2800000 GH/s – Private
  • Runs for 30 Days
  • Mine 0.16333333 BTC
  • Price: 2 BTC

Conclusion 

The Beijing based Bitmine Farm has provided a video of their so-called mining location. But the only thing that we saw was the logo and name of BitMain on one of the containers. It is strange that they did not really show anything that would prove that the company indeed has a mining farm. What’s the use of the video then! The person capturing the video hides his face throughout the video! 

When it comes to the website of Bitmine Farm, we did not find it impressive at all. It is nothing but a typical HYIP template. It is very poorly designed and doesn’t really provide valuable information. The company has kept all valuable information that can help one decide about the legitimacy of the company under wraps. We did not find any proof that will point to their honest intentions during our research for the Bitmine Farm review. Due to many red flags, we are keeping Bitmine.farm under waiting status. Our rating for Bitmine.farm is 0.5 out of 5.0.

Disclaimer: @hashant has no connection to the sites we performed reviews and has not invested in any of the sites we perform a review on and we will never endorse or recommend you to invest in any of this sites. A review is made to help you find a good site among the many. Still, there are no guarantees that the site will perform well over time or are truly legal.

You can ask us to make a review on a particular website. To do so please leave a comment and the site URL on our suggestion page.
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
79,692FansLike
67,967FollowersFollow
11,229FollowersFollow

Recent Comments

Amazon Integrates Ethereum and DeFi on their own Blockchain

Ethereum's wild bull run is imminent after Amazon integrates Ethereum and DeFi on its blockchain service. To the moon...

Its official, Elon Musk has chosen Dogecoin as the peoples’ money

Everyone is holding onto their breaths waiting for confirmation from Elon Musk about which cryptocurrency he supports as people's...
- Advertisement -

You might also likeRELATED
Recommended to you

0
Would love your thoughts, please comment.x