CryptoMining247 Review – Deceptive Bitcoin Mining Scam!

CryptoMining247.com is an infectious habitant residing in the Bitcoin community. Forging false illusions of grandeur earnings through their illicit Bitcoin cloud mining program is the least of your worries with this latest scam operation. As you will quickly learn, nothing found at CryptoMining247 is what it appears to be. A deceptive veil of falsehoods and empty promises are the most you can expect to receive after you have departed with your hard-earned bitcoins.

Want to learn the truth behind CryptoMining247.com? Read our impartial yet unwavering review where we will uproot all legitimate appearing characteristics associated with the site and expose the vile nature of this cloud mining scheme.

cryptomining247.com
CryptoMining247.com

About CryptoMining247

CryptoMining247.com is an online platform that allows Bitcoin investors to buy hashing power. Claiming to provide the best cloud mining contracts, investors who register for an account and depart with their bitcoins through CryptoMining247 believe they are mining bitcoins without having the need to own any mining hardware. In essence, users are renting mining hash power from rigs that CryptoMining247 claims to have up and running and are able to receive payouts every 24 hours.

Since before their sites creation, CryptoMining247.com has claimed to be specializing in developing smart Bitcoin mining techniques. Due to increasing consumer demand, their platform tread off the beaten path where they use to solely mine altcoins, which they then exchange into Bitcoin for their clients, and incorporated direct Bitcoin mining to their interface as well. Now, it is claimed that CryptoMining247 is also capable of mining Ethereum.

How does CryptoMining 247 Work?

There are 3 cloud mining packages available at CryptoMining247.com. While a free trial appears to be available on the site, it appears that free trial package is not operational for the time being.

Bitcoin Cloud Mining

Price: $28.50 (in BTC)

Hashrate: 200 GH/s

Duration: Open-Ended Bitcoin Mining Contract

Payment Method: Bitcoin

Alleged Hardware: Multi-Factor SHA-256 Algorithm Miner

Maintenance Fees? – Yes

Ethereum Cloud Mining

Price: $29.99 (in BTC)

Hashrate: 500 KH/s

Duration: 1 Year Ethereum Mining Contract

Payment Method: Ethereum

Alleged Hardware: GPU Rigs ETHash Algorithm Miner

Maintenance Fees? – No

Cloud Bitcoin Mining “Most Popular”

Price: $665.00 (in BTC)

Hashrate: 5 TH/s

Duration: Open-Ended Bitcoin Mining Contract

Payment Method: Bitcoin

Alleged Hardware: Multi-Factor SHA-256 Algorithm Miner

Maintenance Fees? – Yes

CryptoMining247.com Red Flags

There are a couple of red flags that should be considered before you commit with the CryptoMining247 operation. The first red flag, which isn’t doesn’t arouse too much suspicion, would be how no information regarding their data centers is provided. Sure enough, if CryptoMining247.com had mining rigs set up then they wouldn’t have a problem divulging information regarding their data centers and how they are processing at the moment.

CryptoMining247.com Testimonials

The more worrisome red flag that we came across would be how CryptoMining247.com employs fake user testimonials to gain your trust. As you can gather from the image above, none of the testimonials provided about CryptoMining247 are legit which should make you wonder what else this site is lying to you about.

CryptoMining247 Scam Test

Does CryptoMining247 promise unrealistic hashing power?

CryptoMining247.com doesn’t promise unbelievable high hashing power for their mining packages. Although the pricing of these packages arouses suspicion in regards to their affordability versus how much one is allegedly able to accrue with their mining contracts, overall it isn’t too far-fetched.

Is there information regarding the owners of the site?

No information regarding creators, owners or operators can be found on the CryptoMining247 About Us or Contact page. In order to find any authenticating information we had to visit their Terms of Service page where a corporate entity known as Development Inc is supposedly operating this site. Allegedly headquartered out of British Columbia, numerous searches of “Development Inc” across Canadian business registers failed to generate any credible search results that such a corporation exists.

How old is the website?

Claiming to have been in operation since 2016, a whois.com domain report will reveal that CryptoMining247 was actually created on August 13th, 2017. Furthermore, it appears that the site was privately registered so we are unable to discover any identifiable information regarding the creators behind this operation.

Does the site have a physical address?

The only address provided at CryptoMining247 would be their support email address, [email protected], which can only be found on their Terms and Service page. The only other method of contacting the operators at this site would be by using their Support Form submission, found on the bottom right-hand side of their site.

What is community feedback regarding the website?

CryptoMining247.com is a relatively new and unpopular cloud mining destination which has enabled this operation to stay under wraps. Currently there are only a few reviews regarding this operation where most of the verdicts concluded would be that CryptoMining247 is a Ponzi system.

How popular is the website?

CryptoMining247.com possessed a SimilarWeb global rank of 806,381 as of December 2017. Almost 85% if the visitors to the site reside within the United States and Canada. Other countries where this site is slightly popular are Spain, Turkey and Mexico. People are referred to CryptoMining247.com when they search Google and other search engines for keywords such as “crypto mining,” “criptomonedas png,” “bitcoin mining cloud” and “cloud mining verified sites.”

CryptoMining247 Review Conclusion

The evidence against CryptoMining247 should provide enough enlightenment to any cryptocurrency investor that this operation is one that cannot be trusted. Fabricating user testimonials so that you are more likely to sign up through their platform is downright pitiful and immoral. Do not waste your time, energy or bitcoins on the CryptoMining247 investment scheme, we can assure you nothing but loss and frustration will result.

Review Verdict: CryptoMining247 is a SCAM!

Blacklisted Site: CryptoMining247.com

The best way to effectively earn through cryptocurrency investing is by accumulating applicable knowledge and utilizing legitimate investment destinations. Take control of your Bitcoin earnings and learn how to apply valuable information from our Cryptocurrency Mining Guide!

Have you been scammed by CryptoMining247? We encourage you to voice your experience by sharing any feedback – positive or negative – that you may have below!

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