Crypto cloud mining is still a thing on the internet. We’ve seen all kinds of sites come and go including high yield investment programs which claim to mine Bitcoins when all they do is to collect your hard earned money and disappear with it. Cloud-minings.com is one suspicious site that we will undertake to review today just to let you know what we think about it. We have seen and reviewed several similar sites before, and we do believe that Cloud Minings is somehow associated with some of these operations.
The site Cloud Minings looks suspicious based on a shady presentation which does not convince the most foolish of internet investor. They are promoting the idea that you can earn profits every day without investing in hardware and for a lifetime. It is a funny operation indeed. The site is anonymously hosted and the person in charge does not provide any contact address whatsoever. Moreover, those who want to mine with Cloud Minings are advertised to pay in Bitcoin only. These are rich ingredients for losing your precious coins by the way. We cannot ignore the fact that the site is not telling us who the people behind Cloud Minings are, where they are located and why they are not providing any means to get in touch with them.
These are red flags. If you ignore them, you will lose whatever amount of Bitcoins you end up sending these anonymous Bitcoin mine operators. By the way, if you want to start mining Bitcoins for profit, you can only do so when you make use of genuine companies that truly invest in BTC mining hardware. Some of them have been listed on this page.
Having said that, let’s move into the things that matter as far as this Cloud Minings review is concerned.
We noticed that the site was using too common and popular theme for Crypto currency cloud mining. We have reviewed several sites that use this kind of theme before. We even suspect that Cloud Minings is somehow related to these entities in one way or the other.
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To get started with this site, you will be required to select any of the 4 plans. The first one is free and is intended to get you started with 30GHs of free hash power. Even though it’s free, they claim that it is a lifetime contract. This is where things start to get too good to be true. As you may have noticed, genuine Crypto currency cloud mining operations don’t give free hash power because the cost of mining has really gone up and no company can be able to sustain their operations if they give any free hash power regardless of the amount.
But this is also the point at which shady sites get to scam you. Cloud Minings is simply using this free plan as a bait. At some point, they will require you to ”upgrade” so that you can cash out your earnings. When you try ”upgrading” which means sending more Bitcoins that much any of their ”premium plans”, you will lose the amount and no withdrawals will be performed. That’s how most if not all of the sites that do this kind of thing operate.
All the plans come with ”guaranteed profits”, lifetime contracts, zero maintenance fees and many other features that a naive BTC miner may consider attractive.
As we have stated before, no company can mine BTC for free or without charging some kind of maintenance fees. And secondly, you should never be guaranteed any kind of profits with a site that looks shady. The word ”guarantee” is mostly incompatible with investing in Crypto currencies. So you need to consider this site a scam by all means.
The other investment plans claim that they are selling hash power starting at 100GHs, 1500 GH/s and 100,000 GH/s. In addition to this, they are still giving some huge bonuses which are not practical especially when we consider that the cost of Crypto currency mining is going up for major coins. So again this is too good to be true. It is not possible to continue trusting this site unless you are looking to get scammed.
And of course Cloud Minings is simply being unrealistic by claiming that they will not charge any maintenance fees. This is like saying that they are not incurring costs in running the hardware and that if indeed costs apply in this case, they are somehow insignificant. We should never trust a site that is mysterious and making too good to be true promises.
Other than Cloud Minings making promises that cannot be fulfilled and sustained, the site has a lot of red flags that cannot be swept under the carpet. For instance, they are also showing us some stats about their customers and usage in general. This info has not been verified by any third party and so we are treating it as mere claims. Furthermore, we do not see the need to publish these stats on the site if they cannot be used as reliable info to gauge whether or not the site is legit.
And of course no sane investor can trust a site that has zero contact information. No contact form or email anywhere on the site. If you encounter an issue, you are literally left on your own. Once you send your Bitcoins, you cannot recover it or talk to the person on the other end. It’s that bad.
Cloud Minings is definitely a shady site and you should never trust their operations at all cost. These guys don’t even mention that they have hardware that can mine the BTC which you are looking for. There is zero proof to support that. So please, if you want to mine BTC and other Crypto currencies, our advice is that you should try doing so with these sites only. You’ll be safe.
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