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ViaBtcmining.com Review: ViaBtcmining Scam or Legit?

ViaBtcmining.com Review: ViaBtcmining Scam or Legit?

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ViaBtcmining.com is an investment company that claims to be involved in mining services. The platform claims to make digital currency mining a profitable and easily accessible venture for small scale investors.

ViaBtcmining.com model operates like ViaBtc.com, which has been in the market longer and has a high reputation. The ViaBtcmining.com might seem like a legit platform, but some factors make it suspicious.

The platform has indicated very high prices on their plan, which raises suspicion. The information they have provided is not adequate to create trust with the investors.

The majority of the people lack background knowledge of how cryptocurrency works. Most newbies misunderstand the mechanism used and assume that cryptos are a get rich scheme. It has led to many innocent investors being conned.

Before you invest with ViaBtcmining.com, take your precious time, and read the review we have compiled. We have outlined why the platform is suspicious. We are not confident about it and can’t recommend doing business with them.

ViaBtcmining.com Review

ViaBtcmining.com business model is upfront and straightforward. The only thing they require from their clients is to deposit the appropriate funds depending on their chosen plan. Then be patient and wait for the maturity period to end and collect their returns.

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ViaBtcmining.com Scam Review, ViaBtcmining.com website

The platform has not stated how they will achieve this as they don’t discuss their mining activities. The only information they have put across is the involved charges and hashrate.

It is unknown who is in charge of Viabtcmining.com. The site is also not regulated. The company is new in the market, and they are running their operations anonymously. It is due to these facts that we advise you to approach the platform with a lot of caution.

Most mining companies are scam targeting people to steal money from. It would be best if you did not trust every investment firm with your funds. We always advise you to do a thorough background check before entrusting any platform with your cash.

We are not confident with ViaBtcmining.com as they have not provided us with information to trust their operations. The company could exit the market at any time leading to huge money loss. We have outlined mining services that are trustworthy and you can get good returns.

About ViaBtcmining.com

The platform claims that the investors’ mining rigs start operating as soon as they have set up their accounts. You can start earning your first returns using ViaBtcmining.com mining activities.

The platform claims to have the fastest BTC mining hardware that will assist them in performing mining operations. Their clients can, in return, utilize their operation and yield profits.

Clients can also choose the cryptocurrency they wish to mine provided; it is available in the ViaBtcmining.com category.

Mining is not as easy as they have put it. We don’t know; What sort of hardware they are using to mine, where is the location of their farm or the amount of money from the investor that caters for associated expenses?

Licensing and Customer Support

The law and regulation are still trying to adjust to the cryptocurrency technology. The authority has not done much, but they are trying to protect investors from scam platforms.

The CFT and FTC have warned the member of the public to be careful when investing with digital assets as some platforms are run by fraudsters and want to rip off their funds.

The platforms that are not regulated should be avoided as they can exit the market without being traced. The pyramid scheme can send the stolen funds overseas never to be heard off again.

ViaBtcmining.com Review, ViaBtcmining.com Customer Support

ViaBtcmining.com has not disclosed if it is a regulated platform. The site has no certificate to prove that they are licensed to carry out their operations.

The platform has listed a phone number and an email address that they can be contacted with. Their email is [email protected], and the telephone number is +44 2033898187.

Every investment company strives to offer their customers a better experience. Clients always come first. The platform communicates with its clients via email most of the time.

The listed phone number is not currently operating. We are also unaware of ViaBtcmining.com customer support working hours.

It is, therefore, hard to tell how long it takes for them to respond to the queries or solve problems for their clients.

ViaBtcmining.com Mining plan and Returns

ViaBtcmining.com offers its clients four mining contracts. The more you deposit with them, the higher your returns will be.

All the plan requires a high amount of funds from the investors. In the past, mining was popular, and people used to yield high returns, but currently, the tables have turned, and it only the big fish that are benefiting.

It is currently hard for small investors to thrive in this market. If you consider these factors, it is difficult to make unrealistic vast returns within a day.

ViaBtcmining.com Scam Review, ViaBtcmining.com Investment Plan

Any mining company promising investors thousands of dollars of profit within a day should be avoided. The Silver plan is the first scheme offered by the suspicious mining firm. It promises clients 400 Th/s returns, and the contract period is 14 days. The minimum amount that you can deposit is $1,000.

Gold plan is the second scheme that offers clients a return of 900 Th/s within 2 weeks. The least amount of money that you can deposit is $2,000.

The third plan of ViaBtcmining.com is the Diamond pact. It takes 21 days to mature and offers a return of 1300 Th/s to clients. The least amount of funds accepted is $5,000.

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The fourth and final pact is the Platinum plan, which offers clients a 2700 Th/s. It takes one month to mature, and the minimum deposit that you can deposit is $12,00.

The money they ask from investors is huge. It might be hard to raise it. The promised returns are also high. It would help if you were cautious with this platform, for we don’t know very much about them. Considering they are new in the market.

Domain Name

The data provided by Alexas.com and Whois.com about ViaBtcmining.com is inadequate. The data is not enough, but we managed to know that the platform registered domain is ViaBtcmining.com.

It was registered in December 2019, and it is expected to expire in 2020 in the same month. It is not clear the specific location that ViaBtcmining.com targets its clients from. All the traffic coming on the platform is encrypted, but this does not verify that the platform is legit.

The domain of the website is very new, and you should be careful when using this platform. ViaBtcmining.com has a terrible trust score on Whois.

Final Verdict

The platform is still new in the market. It is, however, not the best mining investment company in the market. It is uncertain for us to vouch for them. They have provided minimal information on their platform regarding their mining activities.

We are not concluding that the platform is another pyramid scheme, but it might also be. We don’t even know where the mining company is located or who is running it. Do not confuse ViaBTC with ViaBtcmining.com.

We advise you not to invest your funds with them, as little is known, and there are no testimonials or feedback on the platform to prove they are legit. Consider investing your money in a trustworthy mining platform.

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