Website Review : SCAM or LEGIT?

SHAMining.com Review SCAM or Legit?

Scam
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SHAMining.com Review SCAM or Legit?

Summary

User management: Hyip script/Standard template
Company transparency: Not Legit
Payment options: Bitcoin, Ethereum, Litecoin & Perfect Money
Affiliate: N/A
Reward type/share/pool: N/A
Cost electric power per TH/day (BTC): N/A
Contract price: Starts from $0.0120 per GH/S (Minimum $150)  
Earning return: 143%-156% 

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User Review
0 (0 votes)

Status: SCAM-PROJECT
(classified as HYIP)

Don’t bet your money on this one. They will definitely keep it at some point

pros

  • None

cons

  • Limited information 
  • High initial investment  
  • No real business model 
  • No photos and videos of mining data centers

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: Y
  • Video/Images of facilities: N
  • Registered on HYIP Monitors: Y

SCAM SCORE = 8/10

STATUS: SCAM-PROJECT 

Company

SHAMining claims to be an expert crypto mining space and its team consists of IT experts. They have provided a few names of their key personnel. As per their website, Arthur Harvey is the CEO of SHAMining, Thomas Patterson is their marketing director, and Klaus Günther is their CTO. They also have a LinkedIn profile but their profiles are dormant and do not show any kind of activity.

The company claims that they own data centers in San Jose (California, United States), London (United Kingdom), and Cape Town (Western Cape, South Africa). But they did not share any videos or images to prove that they indeed have working data centers in these locations. Mentioning about owning data centers just doesn’t cut it. We need proof. 

Mining Plans

The company has four plans as per what is advertised on their website. But only three of their plans are available currently. These are:

#1. CPU miners

  • MINING CURRENCY: BTC (Bitcoin)
  • POWER: 23,580 GH/s
  • PRICE PER 1 GH/S: $ 0.0120
  • PROFITABILITY: Starts From 143%

#2. GPU miners

  • MINING CURRENCY: BTC (Bitcoin)
  • POWER: 94,340 GH/s
  • PRICE PER 1 GH/S: $ 0.0113
  • PROFITABILITY: Starts From 149%

#3. 

  • MINING CURRENCY: BTC (Bitcoin)
  • POWER: 235,849 GH/s
  • PRICE PER 1 GH/S: $ 0.0109
  • PROFITABILITY: Starts From 156%

Conclusion 

We will not mince words here. There is not even an iota of doubt that SHAMining is a scam company and they do not own any data centers. These guys are nothing but cheats. They have used deep fake images and made-up names and created LinkedIn images. 

The kind of website they have makes it clear that the guys running this website are scamsters and nothing else. Their website is very low quality, has poor structure, and offers no functionalities for providing a better user experience. The reason is obvious. They only care about creating gullible investors. 

Our rating for SHAMINING.COM 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.

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