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Minefund Review – Minefund.net Scam is Made up of BS

Minefund Review – Minefund.net Scam is Made up of BS

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Minefund.net is one weird site that nobody can trust. It exhibits all the characteristics of a ponzi scheme rather than a genuine Crypto currency cloud mining site. The crooks behind Minefund also luck imagination and creativity. That is why this site is a dead giveaway. We smelt the lies a mile away. So in this Minefund review, we will be warning you that this site is dangerous and is out there with only one purpose – to scam you. If you had planned to put your money into this scam, wait a moment. Read this review first to learn more.

Or you could invest with these genuine Cryptocurrency cloud mining sites.

MineFund Review

One thing that will capture your attention on the homepage is the alleged free mining plan that this site is touting to visitors of the site. The site also declares that it is the fastest and easiest BTC mining system ever. This site doesn’t even need your registration. All they want is your Bitcoin address for them to start ”mining” Cryptocurrencies for you.

minefund

The free mining plan offers peanuts as they claim that the contract will only generate 0.03$. We are not so sure who would want to waste their time mining with such a plan. If anything, this would amount to wasting your own time.

On the other hand, there are 4 separate investment plans labeled Minefund S1 up to s4. The basic plan is promising a daily return of 4.5% profit. The 4th plan is promising a daily return of a little more than 5%. Of course the minimum deposit is quite affordable because the scammers want to ensure that they are cashing in on any opportunity that emerges.

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However, one thing you should know is that this site doesn’t seem to be mining any Crypto currencies. The fact of the matter is that the site is not telling us about their data centers, and we need mining kits for us to be able to generate any Bitcoins. Therefore, this is just a weird site which is hiding behind mining of Cryptocurrencies but running a full blown ponzi scheme.

Their location is hidden. The owner of Minefund is anonymous. They are only talking about daily returns without first addressing the things that matter for them to gain the credibility which they are seeking. We generally don’t trust sites that tell us that they can mine and pay us without needing our registration details. That is not possible at all. The anonymous owner of this site is definitely looking to make a quick buck and they are probably thinking that by making it easier for the visitor to get started with them, they will make a lot more in a short duration of time.

Whatever they are thinking, this remains the fact – Minefund is not mining. Even their alleged daily returns are super ridiculous. 4% daily return would be 120% monthly returns which is a big fat lie especially when you consider that mining difficulty has been rising and prices falling on the other side. These returns are simply too good to be true, and if you can use some common logic, you will realize that the site is only targeting newbies who don’t know what can be realistically earned from mining of Cryptocurrencies.

Fake withdrawal records

This is a time tested method of trying to gain credibility. Minefund and many other scam operations that have been reviewed here are always using fake payout records to try convincing the masses that they are mining Bitcoins and other Crypto currencies.

In this case, we have a table showing their alleged users making deposits and cashing out. This is a mere table and the owner of this site has 100% control over what goes into that table. They could put any name and any figure therein to fool visitors of this site.

By the way, there is no way to verify the information which we are seeing on this table. Only the owner of the site can know whether or not this information is accurate and truthful.

Now, you have to consider that Minefund is owned and operated by an anonymous entity, which begs the question of whether they are credible. Anything presented on this HYIP website is definitely not true since the owner of the site doesn’t want to be transparent with their targeted audience. He is not even mentioning whether this site has data centers or not. They probably anticipate that the next question would be the location of those data centers and proof that they own those facilities. When we get to this part, the owner of Minefund will block us from any further communication with them.

FAQ contains generic stuff

There is no need of having an FAQ page if what will be posted on that page is generic stuff that does not add any value to the site’s visitors. After going through the site’s FAQ page, we discovered that it was answering questions that don’t imply credibility of this site. It is not weird because we generally expect hyip scams to have substandard websites with no realistic FAQ questions.

Therefore, even though some naive users will be testing this scam for $10, they will be doing it purely out of curiosity and stupidity and not because the site has material that can convince users to invest.

Our best advice for you

Before you send any money to these crooks, you are asked to evaluate the site and see whether anything might imply credibility. The site is only making claims and as you can see, claims without substantial evidence is useless. The site is actually making it clear that they are not mining but ponzi scheming.

The kind of returns which they are promising is a big fat lie and cannot be earned in any Crypto currency cloud mining operation. Minefund is a total waste of your time. If you want to start making realistic profits out of your mining activity, you should consider doing so with genuine Crypto mining sites that have been there for at least 2 years.

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2 Replies to “Minefund Review – Minefund.net Scam is Made up of BS”

  1. Hi Warren,
    Found your article on Google. I was just checking for my index of one of my posts. I exposed MineFund. Club. So, i read your article here and I really did learn a lot.
    Could you tell me – what are the biggest tell-tale signs of a fake mining/crypto currency website?

    I really do appreciate your article here today Warren and hope to hear your response. All the best.

    Philip.

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