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Rich Mining Review: No Reality, Just a Scam

Rich Mining Review: No Reality, Just a Scam

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Richmining.online – it is just an illusion. There is nothing like becoming rich through mining Bitcoins with this site. Yes, they are operating some form of Bitcoin mining business. But it is not the usual mining that you know. It is something that involves collecting funds, distributing a small portion of it and keeping 90% of it. With no real mining kit on-board, we believe that Rich Mining is yet another scam operation. To know more, we implore you to continue reading this review because we will be revealing some very interesting facts about the site.

Note: Best Crypto mining sites on the internet

Richmining.online Review

To know that you are dealing with a scam Cryptocurrency mining website, just look at the returns. It will be obvious that nothing is real. In the case of Rich Mining, we are talking of between 1% and 2% daily returns which the website claims it will reward you with if you purchase any of their investment plans.

1% daily return is just unrealistic. 2% is ridiculous. The website cannot prove that its members are earning 30% monthly returns, There is no such evidence on the site, and it’s making us even more uncomfortable with their website.

RICHMINING LTD

We are confirming to you once again – that mining of Bitcoins or any other Cryptocurrency like Dodgecoin won’t generate enormous returns. When the price of Bitcoin falls, other prices will fall too. Although mining can be profitable, it is not always the case when you blindly throw away your money into a website like Rich Mining.

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So these returns are false and unattainable. There is no evidence that the website is paying. Moreover, if it was paying, it would have created sufficient buzz on the internet. We would certainly know that it does pay. But since it’s a ponzi scheme, we expect it to scam a few people before going under a few weeks from now. Even the duration of this domain is very short. One year of domain registration is a sign that the website is operated by an unreliable person. It will go offline sooner than later.

A company in the UK

Richmining.online is allegedly a UK company. This is quite common nowadays. It’s something that scammers are using to try imply that they are credible. But investors are wiser than before. The fact that Rich Mine has a UK incorporation status does not mean that investors will trust them. In fact, this certificate is for taxation purposes and does not prove that Rich Mining is engaging in any legit business.

No mining kit

To mine Bitcoin or any other Cryptocurrency, we normally use data centers equipped with the latest technology. What scammers are doing is that they will set up websites and state that they are mining when in the real sense, no data centers are running in the background.

By the way, this website isn’t talking about any data centers. They are instead selling the idea of mining Dodgecoins and giving huge daily returns while forgetting that investors want to see some kind of proof that data centers are running in the background.

So far, we have seen that a company status in the UK means nothing. With no real mining equipment at hand and Rich Mining claiming that they are generating revenue through this activity, one is left to wonder what else this website does in the background. Possibly they are a ponzi scheme. Evidence suggest that Rich Mining is just one of the many ponzi scams on the internet which have nothing to offer other than empty promises.

Don’t send $900 or more

Rich Mining has two customized investment plans for investors with deep pockets. This is basically a service that is targeting the financially naive who think that plenty of money can be generated even where there is no mining kit to support the work. Basically, this site is making claims and not substantiating them.

Contracts are supposed to end in one year. But this domain is set to expire in exactly one year from now. What will happen is that Rich Mining will possibly disappear a few weeks from now. The owner will close it down before registering another domain. This is how they operate.

Summary of what you should always remember

First of all, you should never believe figures that are randomly written on any of these high yield investing sites. In the Rich Mining website, we have statistics suggesting that the site has over 5K users. This is surprising considering that none of these users are endorsing this service or talking about it either.

These numbers have obviously been made up because if indeed this site had 5K registered users, they would have created a buzz about the service. Everyone would be mining Dodgecoin through the site.

And of course this site is very new. We need an established website to trust. This one looks too shady to trust. In fact, even the owner is unknown. The anonymous owner believes that we will still fall for their cheap lies by simply reading the text on the site and opting to send our Bitcoins to their address. That is not a very wise move. But if they still have this website, then it means there are many fools on the internet. Maybe we should all own these kinds of sites to make money off fools.

And of course we can’t confirm that Rich Mining is a UK company. We have researched this information and discovered that nothing is coming up of this sort. Rich Mining simply appears to be a website on its own – that is, it is not backed by any company.

Our best advice for you

RichMining is a shady and dubious site. By sending your precious Bitcoins to this site, you are depleting your wallet. You are doing doing injustice to your wallet. Please understand that there are only a few websites that are legitimately mining Cryptocurrencies. If you want to mine coins, you must only stick to those sites. Otherwise, you risk losing money.

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