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Metrom.io Review: Is Metrom Scam or Safe?

Metrom.io Review: Is Metrom Scam or Safe?

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Metrom.io is advertised as a turnkey hosting company for individuals and companies which provides mining services. The site claims that they are providing free maintenance but with a 1% pool fee. Their data centers are allegedly located in San Fransisco USA, Amsterdam Netherlands, Keiv Ukraine, Bangalore India and Singapore. To make their operations cheaper and convenient, the company claims that they decided to own and also lease their mining equipment.

Hosting advantages which this company is promising miners include the usage of large monolithic facility, minimum costs and progressive earnings over time, the implementation of cooling, backup power and switch gear systems and shortest air flow distance which saves power and thus cooling can happen efficiently. The company also tells its audience on their website that they have an output capacity of 2 ¢ per KW and equipment maintenance are done round the clock, 24/7. Metrom claims that they have 100% operational transparency and are selling 1 year contracts.

Metrom review

There are two hosting plan options on the site for their customers to choose from. Of course each of the two plans come with different features and pricing. It depends with what a customer wants. The two mining plans are known as personal hosting plan and commercial hosting plan. Personal hosting plan is designed for individuals who want to mine Crypto currencies with Metrom while commercial hosting plan is clearly for companies that want to invest in mining of Crypto currencies. Each plan is equipped with up to 20 units and maintenance is done 24/7 free of charge including installation of critical components that are needed for the mining process to run efficiently.

On top of this, the company is offering cloud based power sharing mining services where they offer 4 different contracts operated by 4 different machines. Contacts run between 100 days to 180 days. Daily forecast of returns is between 1.68% to 2.25%. At the end of these contracts, the company estimates that customers will be able to make at least 156% in returns but the fourth plan promises a return of 405% at the end of the 180 days. These mining contracts are for mining Bitcoin in the cloud since the company states that they are running the popular SHA 256 mining algorithm.

All of these mining plans come with zero maintenance fees. However, the basic plan costs $6 while the subsequent plans require a minimum investment of $1000, $5000 and $20,000 respectively. It would be advisable not to choose the expensive plans right away due to the risk that is associated with these kinds of websites. But again, there is no sure way to tell whether a site is a scam or not. They might offer returns for investors who put in $6 but when these investors finally trust them with bigger amounts, the site can decide to scam them altogether.

Metrom io

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We are looking at the promised returns and thinking they are too good to be true. The site has included a calculator for projecting what returns we can earn per day when we invest any amount. We tried it with $250 and discovered that this amount could purchase 10,000 GH/s of hash power which would generate $3.9 every day. These returns are too good to be true, plus there is no guarantee that customers will continue to earn these amounts without experiencing fluctuations in earnings. Fluctuations in the amount you can earn comes about as a result of the price of Bitcoin dropping as well as the difficulty of mining this coin which keeps rising by the day. Unless Metrom finds a way to convince us that they have a powerful mining facility equipped with the latest technology and that these machines are properly maintained, there is no assurance that you will earn the same amount every day.

Although the company claims that there is an opportunity for progressive earnings, we don’t know how they are going to fulfill this promise. In our opinion, offering progressive earnings to customers is nearly impossible in the mining space. Even the best cloud mining companies on the internet have not been able to figure out how to generate increased earnings for their customers, even though they keep offering them daily returns since day one.

Metrom claims that they are able to reduce the cost of mining Bitcoin by 250%, but they are not telling us the specific ways through which they are achieving this promise. It is very difficult believing that this company can achieve this promise if there is no detailed plan or a white paper which shows what the company has been able to achieve since they rolled out.

Background of Metrom

We are not able to establish the background of this company. Details for their operators are not available on the internet and it is also not clear whether Metrom is a registered company. It is also not clear from which part of the world their head quarter is based at. We believe that this information is very useful in building the confidence of clients. If the site claims that they are transparent, they should never forget to add these details so that their customers can know where they are based at and what they have been doing ever since they launched the  project.

Should you sign up?

Metrom appears to have been launched recently, which is why there are no reviews covering this service. A brand new site with a new project like this one could easily convince a lot of people especially now that they have a professional looking website and are sounding really convincing.

We need to hear what clients are saying about this service before we can ever endorse them. If there are no reviews, the best thing we can do is to sit back and relax or sign up with companies that have been proven to engage in real mining of Crypto currencies.

Our best advice for you

Metrom promises a lot of things when it comes to mining of Bitcoin. We don’t know how they intend to achieve their promises, plus returns are too good to be true. You might want to check out these cloud mining companies instead.

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One Reply to “Metrom.io Review: Is Metrom Scam or Safe?”

  1. Very nice this site .. i am there too nice to find you. Because with your way of telling something and your way think of all it makes me sure that you can believe in a trusted business search service. I will always support you. I’m waiting for your updates friend

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