Based in Marseille France, Bitech Cloud Mining whose operations are governed by Bitech Group believes that they can provide affordable and quality Crypto currency investment products. The company through its website Bitech Cloud Mining is providing a variety of Crypto currency cloud mining services which include hosting, cloud mining, and mining rig. They cater for all types of clients whether newbies or those with technical know how for setting up mining rigs on their own. If you are a Crypto currency enthusiast who does not want to undergo the hustles of setting up your own mining rigs, you can simply purchase any of their hash power plans to gain daily returns from mining. But if you are a technically oriented person, then you can simply order mining rigs from this site. Bitech Cloud Mining also believes in the future of Crypto currencies and claims that they are part of this future and are helping more people access Crypto currencies more easily.
Is this company legit and serious with its offering or is this just another scam?
Based on the research that we have conducted, we don’t believe this platform is a scam. There are many factors that we have considered before arriving to this conclusion.
Among the things we have considered include ownership information, reliability, safety, returns among other things. The one thing that we have confirmed is that this mining platform is spear headed by Anthony Tchakerian who is the current CEO of the platform. This is quite different from what we are used to in this space.
Most purported Crypto currency cloud mining operations don’t disclose ownership information. Sometimes they claim to be affiliated with a certain company but if you scrutinize this information properly, you will find that the website is just taking you for a ride. Thankfully, this is not the case with Bitech Cloud Mining. As a matter of fact, if you want to start mining with this website, go for it immediately. Sign up using this link to conveniently start mining.
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The service targets both business to business and business to consumers clients. The company also sells mining rigs starting $1340 in addition to various hash power investment plans. There are 4 types of investment plans which are known as Basic, starter, Advanced and custom. For the price of $112, miners can invest in Basic plan. This will give 1 TH/s. Maintenance fees also apply accordingly. The second plan costs $555, and guarantees 5 TH/s hashpower. The third plan goes for $2,750 and guarantees 25 TH/s hash power. Ultimately, the custom plan is for those who do not find any of the 3 plans appropriate for them and would love to order something that is not contained in any of the mining plans.
The company also claims that their contracts guarantee 100% uptime in addition to being a one time purchase contracts. It is not clear what this means because most websites which provide mining contracts do so for 1 or 2 years before contracts can expire. With Bitech Cloud Mining, contracts don’t seem to expire. Returns are supposed to be realized anywhere between 3 to 8 months according to the FAQ page of the site. They claim that returns will depend on complexity of the network, power output and the price of the Crypto currency at the time of mining it.
Bitech Cloud Mining also offers a contact email for initiating conversations with their agents. There is no phone number or chat support to help with engaging their customers. We have also tried their profit calculator to determine whether or not their figures are exaggerated. We discovered that the profits were very reasonable as 4 TH/s of hash power at a cost of $748 could generate $0.66 per day. This is not what you’d call outrageous returns.
In fact, this is at par with what other mining operations are offering their clients. To mine and make a lot of profits in a short time, we encourage that you buy a lot of hash power which will ensure that your returns are accumulating much faster than if you bought a small amount of hash power.
There are lots of things that this website is promising. They include easy mining, best pricing, unbeatable support, ability to mine a variety of coins, suitability for both newbies and experienced miners and also the ability to join their affiliate program for commission.
Based on our observation, we think that this website has maintained a level of transparency that can be described as acceptable. There is nothing we don’t know about the owner and company that is behind the operations of the site.
Secondly, their investment plans also seem reasonable. Bitech Cloud Mining does not sound too good to be true which is quite encouraging because scammers generally have an issue with persuading investors, and they usually resort to telling them that their platforms can make everyone rich overnight. Bitech Cloud Mining does not promise anyone riches and their claims are actually reasonable.
We have also come to realize that contracts last for 2 years, which is a fair length of time for a mining contract to last. Having said this, we don’t believe that this website lacks professionalism or is taking us for a ride. And of course if they are selling mining products to those who would like to set up mining rigs at home, then it simply means there is something to it.
They seem to be a new company with no customer feedback yet. But this does not mean that Bitech Cloud Mining cannot deliver as promised on their website. What we should do is to give them time and see whether or not they will stick to their word 6 months from now. So far, we think this site is very reliable and it is only a matter of time before you will come across those reviews.
If you are thinking of mining with this site, we encourage you to do so. Sign up using this link.
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