Menu Review: Is Coins Mining Energy Scam? Review: Is Coins Mining Energy Scam?

Share This! is a Crypto currency cloud mining website claiming to harness green energy for purposes of mining Crypto currencies. The platform was created in January 2019, and registered to an anonymous owner. Marketing materials on the website claim that Coins Mining Energy is using the most advanced and efficient mining equipment which optimizes output of coins that can be mined. In addition to this, Coins Mining Energy claims to use ”high power” in order to gain maximum output in a shorter time. They claim that unlike traditional mining services, their website can produce profits in a shorter time.

The platform targets all kinds of people whether Crypto currency enthusiasts or people who are just starting out with mining. They claim on their website that they are always searching for ways to make their mining operations more efficient and profitable while conserving the environment by using green energy.

In our opinion, Coins Mining Energy is quite new and does not have the credibility that comes with an established Crypto currency cloud mining site. You should always mine Crypto currencies with established websites. This is because these platforms are well known and have proved to provide real source of income generation to their customers. However, for the new Crypto currency cloud mining websites like Coins Mining Energy, nothing is known.

Coins Mining Energy

Are we saying this platform is a potential scam? Yes and no. It could be a scam because it is a brand new site claiming to mine Crypto currencies in the cloud but has no reputation of ever providing this service to a single client. Since they are very new, we cannot trust them to deliver this service unless they prove that they are truly mining and can produce history of service they have offered to their previous clients. Besides, we have no idea who these people are. The level of anonymity that surrounds this platform is quite disturbing. We could discredit them based on this alone. However, we also need to give them a chance by evaluating other elements that could either suggest that they want to scam or mine real Crypto currencies for their target audience.

Coins Mining Energy review

We have looked at their about us page and discovered that it is quite generic and to some extent vague. We don’t like to do business with Crypto currency cloud mining sites that cannot thoroughly explain who they are and what they have achieved so far. This suggests that the texts which appear on their about us section of the site is probably copy pasted from other sources. Without telling us anything meaningful, we cannot trust that this service is legit as claimed throughout the sales page. They claim that they are harnessing green energy to mine Crypto currencies. The next thing we want to see is proof of mining equipment and how they are using green energy to extract coins from the block chain.

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By the way, Coins Mining Energy does not say where they are based or the people who run their operations. We know that there are many ponzi schemes that currently claim to be operating green energy in order to mine coins efficiently. These ponzi schemes even claim to be based in colder countries like Siberia in order to convince unsuspecting victims that they are credible. However, one thing is always certain with these websites. They never produce proof of their mining activities, and this is the same case with a website like Coins Mining Energy. We would like to see a complete overview of the website’s operations and their area of location. We would like to find evidence of payouts and the investment plans which they are offering should be well detailed like the ones with find in reliable cloud mining websites.

Unfortunately, none of these things have been presented on the official website, which begs the question of whether Coins Mining Energy is serious about this business.

Coins Mining Energy investment plans

For you to purchase hash power for mining, you have to order it from a website. That website must have clear hash power plans which show the various amounts of mining output that we can obtain for a specific amount of money. Unfortunately, a website like Coins Mining Energy does not have this section on their site. It is not clear how investors are supposed to start mining with the site. We suspect that the site engages investors by asking them to send in a specific minimum amount of money claiming that they will mine and return a profit at the end of the day. If these plans are not there, it most likely means that they are collecting a certain minimum amount of money and claiming that investors can earn good returns by sending them the specified amounts.

No important information on their website

A serious website must an FAQ page, a terms of use page and a disclaimer page just in case visitors need this page for one thing or the other. Unfortunately, Coins Mining Energy does not have any of these pages on its website which simply means that they are unprofessional and not trust inspiring. If these pages are not there (especially the FAQ page), it simply means that clients who feel lost will have to communicate back and forth with the operators to have basic questions answered. This is quite tedious. Moreover, the lack of these pages simply suggest that the site is not professional.

No customer feedback

Since Coins Mining Energy is a new site, we do not expect to see customer feedback just yet. We cant think of reasons why an investor would want to mine with such a website while completely ignoring the ones that have enough customer feedback on the internet. It just doesn’t make sense to us. The lack of customer feedback is one way of gauging whether or not people like the services offered by the site.

Our best advice for you

This site appears to be risky. Please mine with reputable websites only. 

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