Atriark.com is a weird Bitcoin cloud mining venture. Very little is known about this site, although its popularity is rising by the day in the United States.
Atriark claims that their aim is to make Bitcoin mining safe and easy for everyone. But at the same time, there is a disclaimer that says Atriark does not offer investment services, and neither do they operate this business like a brokerage firm.
We disagree with the first part, why? Because the moment a website claims that they are mining Bitcoin in the cloud on behalf of the investor, this is usually considered an investment service.
There is no way Atriark can circumvent the meaning of offering an investment service to the masses. The plain truth is that Atriark is actually offering an investment service by first collecting depositor money in Bitcoin on the pretext that they will multiply it in a short while.
So, why exactly is Atriark just another suspicious Bitcoin cloud mining service? We will answer that question in the rest of this review.
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There are a couple of advantages that this site has listed down and claimed that investor can join if they choose to mine altcoins with Atriark.
Some of the alleged advantages that Atriark is giving include safety, trustworthiness, fair pricing, discreetness, and speed of service delivery.
What exactly is the minimum amount of deposit to get started with Atriark?
Well, the website states very well that you should start with $1000. On the other hand, the maximum deposit that investors can commit to this site is $1,000,000 USD.
There is no investor who can deposit such an amount of money, especially if the website in question is suspicious.
Atriark is just a website, nothing else. It is not backed by any corporation or anything. That means your money should be at risk because there is no entity that will legally back you in case things go wrong. At least this should be a concern to investors who are considering putting their money here.
We checked the background details of this website and found nothing.
We started with a who.is search and discovered that the domain is privately registered.
The date of registration is also hidden as well. So it’s impossible to know who owns the website.
When we checked elsewhere, we discovered that the website was being hosted in the US.
The domain age is said to be 17 years (although we doubt this). It is not possible that this site is 17 years old yet no corporation has ever backed its activities.
Furthermore, one would wonder what this entity has been doing for the last 17 years (before Cryptocurrencies came to the picture).
The registrant of the site is said to be based out of Seattle, US. On their official website, they claim that Atriark is being operated out of Missouri.
Details are very scanty about this site. The owner is a faceless individual whose name is hidden.
It is not even clear whether this website has employees working for it.
This discovery is definitely a concern. If you are an investor, it should worry you when you discover that a site owner is opting to hide their details while still asking you to send your Bitcoins to them. Isn’t it fishy?
Unlike many scams out there, Atriark does not list any plans on their homepage.What they are asking you to do is go to the website, sign up and send them a minimum amount of $1000 so that they can get you an equivalent amount of hash power.
It is not known how much an investor will earn with this site. Equally, it is not know how frequent payouts will be generated.
Atriark website does not talk about data centers at all. There is no reference to any mining farm or anything. This is most likely a ponzi scheme because as you can see, the website is evading talks that are related to their mining farms (if at all they exist).
We believe that companies that have mining farms usually feel proud of that fact, and will always display or at least mention that they own data centers at specific locations across the world.
But with Atriark, it it not clear what your money is going to do once it reaches their bank accounts.
They might just decided to keep it or distribute a small percentage of it to their members, just the same way Ponzi schemes do in their initial stages.
We suspect that these guys must have purchased a 17-year old domain and launched a scam Bitcoin mining business.
You wonder why someone might want to do so? Well, it has search engine optimization benefits, and thus it is easy to rank with such a domain due to the benefit of age.
The name ‘Atriark’ does not related to mining at all. So one might conclude that this domain was bought and used for purposes of promoting the phony website.
In terms of investor feedback, we can say that nothing much can be found out there, yet the website is quite popular.
The usual forums such as Bitcoin Talk and Reddit are keeping quiet, meaning that no one has used this service yet.
Until they receive a few people and begin scamming them, these forums will remain devoid of threads that discuss Atriark.
Atriark exhibits a lot of red flags which we feel should not be ignored.
The anonymous nature of its owner should worry you. The reluctance to talk about their data centers is another concern altogether.
Lack of customer feedback (yet the website is said to be 17 years) is another thing.
Can you really trust a service that no one else is talking about? It’s impossible.
Since the owner is anonymous and they are not saying whether or not they are backed by any corporation, we can easily assume that Atriark is a scam operation.
These folks are showing us clear signs that if we trust them with our Bitcoins, they will gladly pocket them and say Thank you.
There are lots of reputable cloud mining companies around. Their website are backed by credible corporations, plus they have a track record of actually mining altcoins for their investors.
But with this particular website, nothing is known about them.
Therefore, to cut the long story short, this is a scam operation. You should not waste your money here because these guys are hungry for your Bitcoin.
Even if they are based in America, they will still scam you. It cannot change the fact that they are more of a scam than a legitimate business.
Use this website at your own risk. The signs are crystal clear. No one can miss them since they are written all over the website.
Atriark’s owner is an anonymous person. Their staff members are equally anonymous. There is no mention of any company to back their activities. What else do you think such group of people can do with your Bitcoin? Steal it? Of course yes. So please stick to these cloud mining companies.
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