Courageous New Coin is of the truthfully held opinion that cloud mining web sites BlueskyMiner.com, Sunminer.com, X.CGmining.com (additionally know as CGMining or CGMiner) and GlobaleCrypto.com are scams. The scams are much like others from Fancy Crypto, GBitcoins, HappyMiner, and AMGCrypto. There’s a lengthy historical past of cloud mining scams within the crypto area, and after conducting thorough due diligence we consider Bluesky Miner, Suuminer.com, X.CGmining.com and GlobaleCrypto.com are all illegitimate.
Courageous New Coin can be of the truthfully held opinion that Tophash.internet is a rip-off. The location has existed with zero visitors for a number of years, then started closely selling by way of press releases in early September, claiming it has been in operation for a number of years. Parking domains like it is a widespread tactic within the cloud mining rip-off area.
Courageous New Coin additionally believes the next ‘cloud mining’ or different crypto funding web sites are additionally scams.
| digitminer.com | nebulamining.com | itenthusiasts.com |
| simpleminers | currencyminer | bluestoneminers |
| sfcrypto.com | gemminers.com | kkminer.com |
| gdmining.com | Astmining.com | Marmining.com |
| Slomining.com | Chainmine.org | Cgmdminer.com (CGMD) |
| Heliosfund.io | Coolcatcoins.com | Hashminer.professional |
| Ecosminer.com | Easymining.cc | Kumining.professional |
| Byteminings.com | inccrypto.com | bluestonemining.com |
| scottminer.com | cryptosace.com |
Background To A Rip-off
Sunminer launched its rip-off in November 2023. X.CGmining.com and GlobaleCrypto.com launched their scams in early August. When it comes to the others on the above listing, as of the seventeenth of Might the Gbitcoins website has disappeared, together with its sufferer’s funds, AMGCrypto disappeared across the thirtieth of Might. HappyMiner disappeared early in July. Fancy Crypto remains to be working.
If you wish to get your crypto to give you the results you want then you’ll be able to earn curiosity from gamers like Nexo and Crypto.com – examine the present rates of interest right here. Or you would examine crypto buying and selling bots, a lot of which have copy buying and selling instruments – so that you’ll be making the identical trades as knowledgeable merchants. We might by no means advocate cloud mining because the likelihood you’ll be scammed is sort of 100%.
We suggested x.CGMining.com we believed it’s a rip-off and acquired the next response. “CGmining is headquartered in the UK. Company information can be found at www.gov.uk/United Kingdom Companies Register Inquiry System. We have data centers all over the world, and all mining capabilities are supported by physical mining machines. We have millions of registered members, and we bring them great rewards. Therefore, CGmining can assure you that we are a reliable and legitimate company.” The one true assertion right here is that there probably is an organization registration within the UK because the UK’s firms workplace is infamous for permitting pretend firm registrations.
X.CGMining.com is a reasonably commonplace mining rip-off, as is Fancy Crypto and all of the others talked about above. An inexpensive-looking web site with spelling and grammar errors and nil contact data, together with claims of thousands and thousands of happy clients and a number of services working worldwide.
It is vitally much like one other latest cloud mining rip-off from Star-Miner, and earlier iterations of the identical factor from IDMining, USDminer and Muxminer. We additionally consider that the identical legal enterprise is working a few of these rip-off websites concurrently.
Importantly, many of those rip-off websites typically do pay out on small investments. That is to lure the sufferer deeper in. For instance, a $20 funding may return $30 in a matter of days, however when the sufferer ups their funding to $1000, immediately there are issues with their account that require extra cash to repair – and on the rip-off goes.
In early Might BNC was approached from two completely different nameless gmail addresses and requested to put an article about about Gbitcoins on our web site. This is similar because the method we acquired from Star-Miner in 2022. After we requested for a easy verification of firm particulars from Star-Miner the sender replied “We’re a legitimate company. We’re legal. As long as you agree to publish our article, we will pay you immediately, don’t worry at all.”
Stepping again even additional, your complete Star-Miner operation was virtually equivalent to a different cloud mining rip-off ‘Hashbiter.com’ which Courageous New Coin recognized in 2021. The Star-Miner and Hashbiter.com web sites are not lively however their set up was the identical. We had been approached from an nameless gmail deal with and requested to put a press release or article. When suggested we’d not achieve this as a result of it was a rip-off the nameless author stated “If you expose us on your website, I will sue you.” When requested in what jurisdiction they’d be bringing the case they responded “Please help us put a press release on your website, and I’ll give you money, I’m not going to press charges.” Regardless of it being an apparent rip-off, dozens of crypto “news” websites have already revealed articles about Gbitcoin. The display seize from AHREFs reveals simply the websites with area rankings of over 50, however there are a lot of extra.
Different Crypto Cloud Mining Scams
One other rip-off from TRX mining took a unique method – focusing on YouTube influencers and providing to sponsor their channels in return for a optimistic overview of their pretend cloud mining tasks. Courageous New Coin’s YouTube channel acquired a model the next e mail from over 20 completely different nameless gmail addresses throughout December 2021: “Hi dear, I watched your channel is great, our company decided to sponsor your channel, leave your telegram or WhatsApp, let’s talk about prices and details.”
Scams like these above are simply the newest iteration of get wealthy fast scams focusing on crypto customers. In October 2021 Courageous New Coin investigated USDminer and Muxminer. On the time USDminer claimed to have been working since 2016 and had over 36 million registered customers. Nevertheless, the USDminer web site was solely registered on the twenty third of September 2021 – so 36 million registered customers in three weeks was merely not credible. As on the twenty second of December 2021, USDminer was nonetheless dwell – claiming 38 million registered customers and providing plenty of Christmas offers. USDminer.com is now offline.
Star-Miner claimed to have launched in 2014 and in line with its chat assist folks, the explanation there is no such thing as a document of it on-line previous to it is because “This is our new domain name”. When requested for his or her earlier area identify they responded “I can’t provide it to you temporarily, thank you.”
Muxminer’s rip-off was just a little completely different to the everyday cloud mining rip-off, in that it was supposedly promoting mining rigs. Muxminer claimed it was sponsored by Kraken, however Kraken confirmed to Courageous New Coin it had no affiliation with Muxminer and was not a sponsor. Muxminer additionally claimed to be sponsored by tech giants Honeywell – however the scammers working the chat assist at Muxminer seem to have gotten confused about their very own lies – and denied being sponsored by Honeywell in a dwell chat, similtaneously the Kraken and Honeywell logos appeared as sponsors on their homepage.
Confusion at Muxminer chat assist.
Each USDminer and Muxminer launched into aggressive promoting campaigns and had been actively supported of their efforts by a number of crypto media retailers, as Gbitcoins is now.
How you can spot a cloud mining rip-off
Courageous New Coin started investigating cloud mining scams in March 2021 when folks claiming to be from XMiner and Miner Plus requested to run a sponsored article about their cloud mining providers. Over the course of our investigation we discovered that cloud mining scams equivalent to Hashbiter, Xminer, Miner Plus, Pageminer, Nhash, Muxminer, USDminer, Star Miner, and now Gbitcoins all exhibit some mixture of the next crimson flags.
Their areas don’t exist
- XMiner claimed its bodily deal with was 1809 Corridor Avenue Las Vegas, Nevada 89101. There isn’t a such deal with.
- Miner Plus claimed its bodily deal with was 217 Summit Boulevard Birmingham, AL 35243. This deal with is actual and is occupied by a Dealer Joe’s grocery store.
- Pageminer says it’s based mostly in Iceland. The ‘Iceland’ lie is widespread in these frauds as rip-off victims assume Iceland may be very chilly, which is nice for mining, and has ample low price electrical energy.
- Nhash claims a head workplace in London and mining areas in Iceland, Switzerland and Russia.
The Miner Plus HQ deal with is definitely a Dealer Joe’s grocery store.
Years in enterprise
- Miner Plus stated it had been working “for over five years”. CuteStat confirmed the positioning was “1 month and 3 weeks old.”
- XMiner claimed it had been working since 2016. Information from AHREFs confirmed the positioning solely started producing backlinks in early February 2021.
- Nhash claims to have been working for 3 years, however as talked about above, its web site is just a few weeks outdated.
- USDminer says it has been in operation since 2016, however like Nhash, its web site is just a few weeks outdated.
- Star-Miner claims to have been working since 2014. Information from GoDaddy reveals it was registered in February 2022.
Variety of happy clients
XMiner claimed over 600,000 customers. Miner Plus claimed “Over 1200,000 Users” (no matter meaning). Hashbiter claimed over 700,000 traders. USDminer says it has over 36 million registered customers. Star Miner claims “more than a 3 million users worldwide.” In our expertise, these buyer aquisition numbers are utterly unrealistic within the time frames these websites have been dwell.
USDminer claims to have registered 36 million customers on a web site that’s lower than a month outdated.
Their workers & clients don’t exist
The Miner Plus administration staff on the ‘About Us’ web page had been all pretend. Director of Investments Mike Katz, for instance, was really “Cool Business Man In Black Suit” from the Storyblocks.com photograph library.
The pretend Miner Plus administration staff
Mike Katz is definitely “Cool Business Man” from a inventory picture library
The administration staff featured on the XMiner About Us web page had been precise folks from an actual firm (not XMiner), who confirmed to Courageous New Coin that their identities had been hijacked and so they had been taking authorized recommendation.
No particulars of the administration staff featured on the Pageminer web site exist wherever else on the web. Nhash and Hashbiter haven’t any workers profiles in any respect – a typical state of affairs on the ‘about us’ web page of mining rip-off web sites.
Star-Miner lists individuals who don’t exist as its CTO and COO – and curiously, has its pretend ‘COO’ Nigel Nevin additionally showing as a happy buyer in its testimonial part – alongside an image of equally happy buyer Jennifer Aniston who’s recognized as housewife “Lorelei”.
Web site backlinks
Miner Plus and XMiner had few, if any, naturally occuring backlinks to their their web sites. As a substitute, knowledge from AHREFs confirmed that each web sites went from zero backlinks to tons of over the course of per week in early February. All gave the impression to be paid for.
Miner Plus backlink profile from zero to tons of in a couple of days.
XMiner backlinks profile reveals virtually equivalent speedy development.
Information from AHREFs reveals that each Pageminer and Nhash additionally went from zero to tons of of backlinks in a matter of days. Muxminer, USDminer and Star-Miner present related development curves.
Their provide is just not sensible
One provide (since deleted) was for a buyer to deposit $2000 for 30 days and have $2680 returned. Compounding month-to-month this could equate to an annual APY of 408%. That is an rate of interest far in extra of what different official crypto funding schemes are providing, however is typical of a rip-off.
An identical web site building
Though Miner Plus and XMiner claimed to be separate organizations based mostly on reverse sides of the US, their web sites had been each constructed utilizing the identical template – “CryptoCoin – Bitcoin Crypto Currency Wallet and Mining Template” – accessible from Theme Forest for $15.
Media accountability
Courageous New Coin is approached ceaselessly by advertisers who, after conducting due diligence on, we determine to err on the aspect of warning and never run their campaigns. Unhealthy actors proceed to make up a big a part of the cryptocurrency world and their exercise has picked up considerably in the course of the yr.
We do our greatest to weed them out however we’d not go as far as to say that no rip-off adverts have ever appeared on our web site. Our promoting feed for the Courageous New Coin web site and You Tube channel comes by way of Google Adverts and we have now recognized scams in these adverts up to now – and written about them.
Within the case of XMiner, Miner Plus and different scams talked about above, the next media retailers have run articles, sponsored posts and press releases about one or different of those organizations (and this isn’t a definitive listing).
Bitcoinist.com
AMB Crypto
Stay Bitcoin Information
NewsBTC
Coindoo
BTC Supervisor
Tech Bullion
CoinPedia
E-Crypto Information
Ripple Information
CryptoVerse
Tron Weekly
Blockchain.Information
WorldCoinIndex
CryptoNewsz
CoinGape
Cryptopolitan
Whereas a few of these media retailers did mark the publish as sponsored with a disclaimer, most didn’t.
It is a well timed reminder to anybody contemplating investing in any facet of the cryptocurrency world that you could conduct your personal due diligence – even if you’re getting your data from media you belief (we embody ourselves on this). Backside line? Crypto scams are at an all time excessive, so tread fastidiously.