Having looked at AWS Mining website, we have a lot of interesting things to say about them. The site looks like a professional cloud mining destination where you could reliably buy mining contracts. It is for this reason that many internet users are dying with curiosity wanting to know whether AWS Mining is truly mining Cryptocurrencies or lying about their operation.
Note: You can mine for profit with these sites.
On the homepage, the site claims that they have a global presence. However, they only posted 3 videos on their homepage showing their alleged data centers in 3 different regions. The company appears to have its main offices in Australia and other offices in countries like China. We are not so sure about this. We are only going as per the site’s explanation.
The site is owned by a company called AWS Mining Pty Ltd. They are claiming that the company is offering Cryptocurrency cloud mining contracts to visitors with the smallest investment starting at $40. The company claims that they are based out of Australia, and are actually giving us an Australian address. In addition to that, AWS Mining has provided an email address and phone number for their support department. It is extremely rare to find a Cryptocurrrency cloud mining website providing phone support to their customers. So this is definitely a plus for the company because it makes people trust them more. However, this is not to say we should trust them outright.
In terms of transparency, AWS Mining has some level of transparency on their site as they try very hard to display their mining rigs and the various places in which they are operating from. So the only question that most people can ask is whether we should go ahead and trust AWS Mining. Are they real? Can you actually get some returns out of your contract?
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We’ve checked the domain and discovered that it is a little over a year old. That means they have existed for a long time enough for us to make a conclusive judgement on their service.
In terms of customer feedback, their Facebook page has a fair ratings from people who seem to have or are using this service. There is enough activity on their social media profiles with most people expressing their interest to join the company. There are at least 2000 followers on their Facebook page. Whether or not we can trust this following is another story altogether. However, we do believe that some of this feedback is genuine.
However, we have not come across someone saying that they have been mining Crypto currencies with this site and that it is really paying. We are yet to investigate and see whether current users are getting any returns. The feedback that we have right now is from people who are expressing interest to join after seeing that AWS Mining looks like a promising Crypto currency cloud mining service.
They also claim that the service is mining from 4 different mining pools and that they can switch between pools as soon as they discover that one pool is not very profitable. This kind of operation is meant to ensure that the site is always mining and remaining profitable to both the user and the owner.
There are 5 different mining contracts which are measured in CMP units. 1 CMP unit is equivalent to $400. The basic plan is offering 0.1 CMP which means that investors can purchase that contract for $40. The company is not giving us any clue as to what we can realistically earn with this site. It is also not clear whether these contracts will run for a lifetime or for a specific duration.
Fees are supposed to be charged based on the price of Cryptocurrencies, the cost of electricity and mining difficulty. AWS Mining claims that their fees are affected by these factors. Generally, they are charging 20% of the mining output.
Even if we were to anticipate the earnings from this site, it would be extremely difficult. We cannot picture how much 20% of the mining output will be. However, we know that it is a function of all the elements mentioned above. Having said that, the fees seem to be a little on the lower side. But then, we don’t know whether things will remain as they are right now. The Crypto currency cloud mining industry is rapidly changing plus there are many scams that have entered that industry at the moment. It is quite difficult to anticipate the longevity of some of these operations unless the test of time proves us wrong.
Therefore, in as much as ASW Mining is quite transparent compared to many Crypto currency mining sites that we have reviewed here, we are not completely giving them the the benefit of doubt.
It’s not easy to get an answer to this question given that we don’t have sufficient user testimonials regarding payouts. If there are any, we are sure that this information won’t take long before it can reach us. For now, it is quite impossible to tell whether this operation is legit or scam.
For now, we are only waiting to see if something will come up. If there is nothing alarming, we might consider changing this review once and for all.
Even the best Cryptocurrency cloud mining services have been known to turn into scams at a later date. So we are not taking any chances with this one. We may only want to take chances once the site proves that it is truly mining and issuing payouts.
AWS Mining looks like a genuine site. However, the problem is that we have not observed it long enough. We need some time to be able to make conclusive judgement as to whether our readers should start mining with AWS Mining. In the meantime, we are asking our readers to consider these Crypto currency cloud mining sites.
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