Menu Review: Is Absolutmining Scam? Review: Is Absolutmining Scam?

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Absolutmining is a Bitcoin cloud mining site that was created in 2018 in order to provide modern, high-efficiency servers rental services for Bitcoin mining. They also claim that their mining rigs have since been set up and are up running. The service claims that the reason they are the best is because they are offering round the clock monitoring, instant connection to their mining server as soon as you purchase a plan, 24/7 up time and easy to use dashboard. In addition to this, Absolutmining claims that they are providing daily output which can be up to 1% returns. The minimum investment value to get started with the service is 0.001 BTC and contracts are supposed to run up to 1 year.

In addition to this, the company has set minimum withdrawal value at 0.001 BTC which makes it possible for investors to meet the withdrawal threshold easily. However, the site does not state the exact location of their data centers, citing security reasons. On the same note, they claim that their data centers are being outsourced from various places. Looking at the website, the first thing we see is a professional cloud mining operation that does not come close to a scamming platform. This can confuse a lot of investors who have no experience with Crypto currency cloud mining since the site is using the regular template which is normally utilized with only Bitcoin cloud mining sites. This does not mean that they are mining BTC. In fact, setting up a website like this one does not guarantee that mining operations are happening behind the curtains.

AbsolutMining com Bitcoin Cloud Mining

Therefore, if you want to know whether or not Absolutmining is a legit cloud mining operation, we ask that you read this review until the end. If not, you can also consider mining BTC in the cloud using these platforms. We have verified them and found that they are quite reliable compared to newer mining platforms which have started to crop up on the internet.

Absolutmining review

Absolutmining Bitcoin cloud mining website does not disclose details of the owner and the company that runs this operation. They only talk about the kind of service which they are offering to the public. In fact, they did not disclose their location too. We think this information can be of importance when entities selling services want to gain credibility from the people they intend to serve. It would have been good if this website added this information as soon as possible.

In terms of their presentation, the site is quite professional in terms of design. They are using the standard mining theme for Bitcoin, which can really persuade people that they are mining in case they are not. On the other hand, they could be engaging in legit Crypto currency cloud mining which is why they are using this theme in the first place.

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The website is offering 4 investment plans to its investors. In these plans, they are selling 50 GH/s, 500 GH/s, 5000 GH/s and 50000 GH/s respectively although investors also have the option to customize their order according to the amount they are willing to invest. Most cloud mining operations are now flexible in their offering. They do not restrict clients to choose their pre-made investment plans even if they do not want. This is a good thing but is not a reason why one may choose Absolutmining as opposed to more established BTC cloud mining websites out there. When investors sign up for any of the 4 plans, they are entitled to getting 10% GHs free. This is definitely aimed at luring investors to sign up in numbers which is necessarily not a bad thing provided the cloud mining service is willing to deliver as claimed on their website.

All of the investment plans are 1 year contract and are promising daily returns of up to 1%. Daily returns are also quite reasonable according to the values that we see in the mining profit calculator. This makes us believe that this site may be legit in some way. However, we still need to confirm it from people who have already mined their Btc with this site. Otherwise, there is no way we can find out the truth.

Customer reviews

Absolutmining appears to be a brand new site with no consumer reviews although it has been marketed heavily on major Crypto currency forums where people make mention of the site but do not produce any proof of earnings. In our opinion, this is not a way of establishing the credibility of a site unless a number of users are willing to provide their payment proof for the public to believe. So far, we have not seen any payment proof yet. We are waiting to see if these will surface in the a couple of months from now. If they do, we will update this review accordingly and if they don’t, we will assume that this site is lying to its audience.

Anonymous owners

While the design of this site is attractive and very convincing about the kind of work they do, they are making investors afraid because no element of transparency is being displayed on the site. In most cases, investors want a site that is transparent with their company background such as name of directors, address, phone numbers, email address and so on. If this information is not provided, the site comes across as a scam especially now that the Bitcoin mining industry is filled with scams.

Our best advice for you

Absolutmining looks like a very reasonable site. However, they should think about introducing their team to investors and secondly, the public can only believe them when there is proof that members are getting paid when they invest here. The mining plans are ok and the contract length is also reasonable. However, people are still concerned with lack of strong evidence of paycheck coming from this site. In the meantime, you can sign up with these established Crypto currency cloud mining sites since they have been around for some time now. You can thank us later.

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