Siriul is a platform claiming to mine various Crypto currencies such as Bitcoin, Ethereum, Litecoin and Dogecoin. Siriul is also offering a bonus of 10 GH/s for anyone who signs up with their email address and password. We attempted to do so and we were allegedly awarded with 10 Gh/s of free hash power. Whether ROIs that are generated out of this free hash power can be withdrawn is a question of another day.
The domain where this website is hosted at was created on 12th of December 2018 and registered privately so that the owner’s information is hidden. As it stands, nobody knows who they are or even where they are based at in the world. This is a huge red flag and you don’t want to deal with an anonymous person where Crypto currency transactions are involved.
After going through the website of Siriul, we discovered that it was nothing more than graphics. The site is not offering any useful information that can help those who want to mine with them make an informed decision. So based on this, we have decided to do a quick review of the site and it’s operations. If you are unsure whether this is a scam, this review will answer your questions.
In the meantime, mine Crypto currencies and altcoins with these reliable platforms. They have been around for quite some time and you cannot go wrong with any of these mining facilities. You can thank us later.
According to this website, Siriul’s operation are backed by a company but it’s actually not clear whether the company’s name is Siriul. It is also not clear where this anonymous company is based at or even if they have any mining facilities as claimed by the website.
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Siriul claims that they own mining equipment which was designed with the latest technology and can therefore produce profits no matter what happens in the Crypto currency world. This kind of statement is vague because there are no specifics in the statements. They don’t even tell us which type of machines they are using to mine Crypto currencies. And we also don’t think there are any machines in the world that are immune to the problem of ever rising Crypto currency mining difficulty.
Very soon, most of these machines will become obsolete and the world will have to figure out how to mine more efficiently. At the moment, we cannot mine efficiently unless you are using the services of a company that has really optimized its mining resources for efficiency.
When observing Alexa traffic that comes to this website, we discover that Siriul is ranked slightly above the 1 million mark, and most traffic seems to be coming from Iran. There is just a possibility that this is an Iranian website. This is just a wild guess based on the origin of the traffic.
They tell us that Siriul company uses the latest technology to optimize the consumption of power in their mines in addition to monitoring the most profitable mining pools 24/7. This is to say that the company will be able to generate a passive ROI no matter what happens in the Crypto currency market.
Of course we are not being persuaded with such marketing statements because most websites now make similar claims but it does not mean that their mining is profitable. In fact, you might be surprised that most of the websites claiming to mine don’t mine at all. We suspect that Siriul is one of those websites claiming to mine Crypto currencies when in the real sense, no mining activities are going on in the background.
We have a strong basis for this kind of reason. For one, they have not given any evidence to suggest that they truly have mining facilities which will mine and generate the passive ROIs which they are talking about. There are no pictures or videos showing any mining facilities. What we have are just claims that Siriul will mine the mentioned coins on your behalf. We cannot believe this until we have some form of evidence.
The other thing is that the website is very new. It does not even have any customer reviews yet and it still claims that it is offering mining of Crypto currencies which is profitable. If that was the case, we could be seeing people talking about them on the forums. But currently there are no conversations around this supposed Crypto currency cloud mining operation. We are watching this space to see if these conversations will crop up in the near future. If something positive comes up, we will definitely update this review to reflect the change.
At the moment, there is a lot of uncertainty surrounding Siriul and we do not think you will be able to get value for your money if you send these guys your hard earned money. Chances are nearly zero.
We have reviewed many scams before which claim to mine Crypto currencies in the cloud to provide a passive ROI. Most of these operations put up vague presentations just like Siriul to persuade the unsuspecting investor. What they will never provide you with is hard evidence that their ROIs have been coming from mining and not collecting user deposits and paying a specific amount from that revenue.
Therefore, there are a number of red flags here. These include not disclosing ownership information or location of their operation, not owning a mining facility or claiming to have one when there is zero evidence that this is the case, among other red flags.
The other thing is that if this service is brand new and there are no customer reviews, you can’t trust them either.
Siriul is a suspicious Crypto currency cloud mining operation. Even if we wanted to trust this site, it would be very difficult for us to do so. The only ‘evidence’ which they have is a page dedicated for deposits and withdrawals. Avoid them. Use these mining platforms instead.
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