Menu Review: Is Cryptostar Safe or Scam? Review: Is Cryptostar Safe or Scam?

Share This! is a cloud mining operation that promises users the chance of mining up to 1500 different Crypto currencies. It should be noted that is different from or any other variant of its domain. So when speaking of Cryptostar, we are referring to the domain and not any other.

The site offers free 1.0000 GH/s upon sign up plus free coins as bonuses. It promises full transparency to its users as it claims that it does not charge any hidden fees or commission. There is a daily maintenance fee of 1%. So this should be one of the cheapest cloud mining operations on the internet provided they are not scammers. However, before we sign up, we should be sure that we are not giving our money to scammers.

The first statement that we see on their website is that Cryptostar is making mining of Crypto currencies accessible to everyone. You don’t need to invest in expensive hardware which also come with the expense of maintenance. Once you have settled to mine with this site, you are required to sign, then select your preferred coin in order to start generating revenue. Upon reviewing this site, we see that it is not as obvious that they are a scam.

Support can be contacted using the email [email protected] However, the site does not provide some pertinent information such as company info or the people who manage the activities of the site. However, due to the extension .ASIA, we believe that they are most likely based in Asia. The exact location has not been disclosed. It would have been good if the owners of this site took an initiative to do a thorough introduction to their audience because it boosts confidence of investors. Having said this, we will go straight into the meat of the content. We will answer the question of whether or not the site is genuine. In the meantime, you can mine Crypto currencies in the cloud using these websites. 

Cryptostar review

The site does not provide much information about how they operate, who they are or even where they are based at. They also don’t talk about issues to do with their data centers. However, they provide an income projection calculator which investors can use in order to see their average daily and weekly income. We have tested this calculator to see whether they are using inflated numbers just to convince investors. We realized that returns were reasonable. 200 GH/s of hash power will yield $0.02 per day in Bitcoin mining. This will cost $16 to purchase such a contract from Cryptostar. Generally, the more you invest, the more you earn.

Crypto Star

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Revenue is reasonable according to the figures that are displayed on the calculator. So this site must be real. The disadvantage however is that you need to invest a lot of money in order to earn a lot of money. For example, to earn $20 per day in Bitcoin mining using this site, you will be required to fork out $16,000 which will get you 200,000 GH/s of hash power. There are not so many people on the internet who can afford to invest this much because generally, those who are pursuing Crypto currency cloud mining don’t have a lot of disposable income to invest in these projects.

Therefore, the truth is that mining with this site won’t be profitable unless you put in a lot of investments. This does not go really well with some people and in that case, you would need to find an alternative way of investing. A good alternative would be to trade Crypto currencies using bots. If you have $250, you can get started with a free bot that makes your work easier. It is much better to trade than to use this site if you are not willing to invest a lot of money upfront.

Customer feedback

There are lots of feedback from people who claim to have used this site and earned revenue. Most people claim that they were able to successfully cash out their earnings from Cryptostar. However, with the tiny profit potential of Crypto cloud mining on this site, we suspect that these users must have invested at least $1000 in order to accumulate returns faster. Otherwise, any amount that is less than $1000 will result in a long delay of returns.

The challenge now is whether or not to trust this site with this much. On the other hand, you could start with a smaller amount like $50 but the question is whether you will reach withdrawal threshold and be in a position to withdraw your money. Moreover, experience has taught us that these Crypto currency cloud mining sites often don’t offer complete return to investment. That means if you put in $50 for example the contract would end without ever recovering the $50 plus profits. But if you invest a lot, you would quickly reach a return on investment. The problem is that you cannot trust a site like this with a lot of money upfront. Otherwise, majority of people who are giving their feedback in the forums out there claim that they have successfully received their profits.

Should you sign up?

At the moment, we are 50 50 on the issue of whether people should sign up. If you’re going to sign up, you must invest a very small amount of money. If you are able to reach the withdrawal threshold, you can test them to see whether you will receive your returns.

However, if you are not trusting them with your money, then we have good alternatives that we have tested and found to be profitable. We will highlight them in the next paragraph just in case you are interested in signing up to start mining with them.

Our best advice for you

Without further ado, we will go ahead and give the link to some of the best cloud mining platforms for Crypto currencies. These sites have stood the test of time, and although there are criticism here and there, generally the sites are professional plus no business is immune to challenges.

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