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Super Crypto Mining Inc Review: A Scam?

Super Crypto Mining Inc Review: A Scam?

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Super Crypto Mining is a relatively new cloud mining operation claiming to be based out of Lakeview Drive
Fremont, California. The company is focused on both short and long term opportunities that the Crypto mining space is giving to investors. Some times at the start of this year, Super Crypto Mining claimed that it had a goal of investing in 10,000 active mining machines which they hoped to acquire through financing. But it is not yet clear whether this goal has been achieved yet.

With the help of an alleged sister company, Coolisys, Super Crypto Mining claims to provide power supplies in support of Crypto currency mining activities. In addition to this, the company claims to have invested in ASIC miners. In addition to this, the company states that they are taking their short term revenues and using it to re-invest in the long term opportunities that the Blockchain industry will present.

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Super Crypto Mining Review

Super Crypto Mining is owned and operated by 3 team members. These include Darren Magot (CEO), Scott Plantinga (Chief Operations Officer) and Joseph Spaziano (Chief Operations Officer). Investigations reveal that Mr. Magot joined the company at the start of 2018. He is allegedly experienced in financial management, business development and sales management in both the private and public sectors. Mr. Plantinga also claims to have held various positions as CEO, COO and General Manager in an undisclosed list of companies working in both the private and public sectors.

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Mr. Joseph Spaziano also known as ”Crypto Joe” has worked for this company since the start of 2018. He is introduced as the CTO. He claims to have worked as an IT expert in various large organizations. None of these organizations were mentioned in his profile but he claims to have racked up 20 years of experience.

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The company claims that they are working with a team of Crypto specialists and developers who have experience in every aspect of the Crypto mining industry. Based on this, the company seeks to persuade us that they are offering cost effective computing resources for mining altcoins so that mining is affordable to everyone. In fact, Super Crypto Mining claims that one of their goals is to provide easy access and affordable Crypto mining services to the general public.

The company claims that their hardware is designed for mining Crypto currencies and based on this explanation, mining becomes easier with the company. The company reassures investors by claiming that they are transparent since they involve independent auditors who inspect their mining processes and also expose themselves to external oversight. This is supposedly meant to boost credibility and transparency on the company.

On top of that, there is a promotion video in one of the press release websites describing what this company is doing and what they intend to do. This sales video is just a reinforcement of whatever the company has discussed in form of press release articles which appear on various platforms.

Super Crypto Mining: details of the company

The company in question maintains this Twitter page, and as you can see, they have a following of at least 300 but the last time they tweeted was in October 11, 2018. So this means the page is not updated on a daily basis, but in the past, there has been a fair of activities taking place in the social circles.

The operations of Super Crypto Mining are overseen by another entity called Digital Power Corp, which is traded in the NYSE American stock exchange using the symbol DPW. So that means the company behind the activities of Super Crypto Mining is real and their US based location is also real.

The website has not started mining yet

It appears that the company has not been engaged in any mining activities yet. What they have been doing is to educate the public to make them know that Super Crypto Mining is soon rolling out a cloud mining platform as suggested in the company’s marketing materials. What the platform is doing right now is to accept interested individuals who wish to mine with them in their priority list. Once things start rolling, these individuals will hopefully be included.

But this begs the question of why the company has not met its timelines in 2018. If you study their about us page and marketing materials, Super Crypto Mining claims that they were supposed to acquire 10,000 mining machines and start mining immediately in 2018. But this does not seem to have occurred. It appears as if this service will be fully rolled out in 2019 because currently, there is no income generating activities going on with the site.

There are also talks of seeking approval from the SEC because by claiming to mine Crypto currencies like Bitcoins and other altcoins, the company would be offering securities to the general public, and that would put them at loggerheads with the SEC if they didn’t comply. Only time will tell if these things will be achieved.

Summary of opinions

This is a very new Crypto currency cloud mining company and there are currently zero activities taking place with respect to the public getting involved in their mining operation. The much you can do is to join the waiting list and actually wait to see if things will turn up as promised.

Secondly, because it is new, this company has not been covered in the forums yet. Actually this is the first ever review that is appearing on the web concerning Super Crypto Mining. The rest of the websites are probably waiting to see if the company will start actual mining before they can start reviewing their mining plans and either recommending or discouraging their users from utilizing the services of Super Crypto Mining. Our opinion is that we should utilize the wait to see approach until this company has got everything sorted out.

Our best advice for you

Since this is a new company with no activities yet, people who would like to mine should utilize these readily available platforms.

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