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VPS Mining Review: Vpsmining.com Trustworthy or Not?

VPS Mining Review: Vpsmining.com Trustworthy or Not?

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Vpsmining.com is a platform that allegedly deals with Bitcoin mining. The company offers investors an opportunity to mine easily on the cloud without necessarily purchasing hardware.

Unfortunately, what this platform offers is unrealistic and raises red flags. They offer their clients a chance to plug their hardware in the most profitable mining pool in the industry.

The company state that they are the best choice for modern mining. They offer easy, instant cloud mining prospects using their verified, and tried technology.

VPS Mining claims that they have a method that will help investors mine faster. On their site, they display their global pool datacenter. According to its site, the company is uniting all significant aspects of running a productive digital currency mining venture.

The suspicious platform brags of offering investors high daily mining outputs, allocation freedom, secure and private dealing. VPS Mining assures investors that their mining outputs will be automatically added to their account.

They claim investors will enjoy a diverse mining portfolio. You can select from 6 main mining algorithms that more than ten mineable digital currencies.

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Vpsmining.com Review

Vpsmining.com offers BTH mining, but their clients have the freedom to choose the most profitable digital asset in the market.

The company welcomes all forms of investors to join them and instantly begin mining with their cloud mining contracts, which guarantee 100% up-time.

Vps Mining has ASIC hardware that their clients’ have access to. The company claims that investors will benefit from receiving high payouts.

To start your earning journey with VPS Mining is easy. All you have to do is select the computing power amount you would like to mine on their global datacenters, then sit back and wait to gain a tremendous amount of profits.

VPS Mining Scam Review, VPS Mining Platform

Mining used to be a very profitable venture in the past. Unfortunately, this is no longer the case as currently, the market is flooded with numerous people, and the capital required to start the mining process is vast.

It is difficult for small scale investors to make huge profits; thus, that why most miners opt to venture with mining companies that will help them enter the market without undergoing all the hefty activities.

The industry is plagued with a lot of scammers, and without adequate knowledge of how the cryptos mining works, you might end up being a victim of these fraudsters. Ensure your venture with legit mining companies  in the industry to avoid losing money.

How does Vpsmining.com Operate?

According to this platform, their operations goers back in time at the end of 2014. The founders of the company came to know each other by using the same firm for purchasing and selling BTC.

They were motivated to design a similar company. All of them have a common mindset to see and be part of the growth of digital currencies. However, the narrative of this firm does not add up as their services were launched in 2020.

The company claims that they are the first Eastern Europe mining farm; the platform does not reveal the location of their mining farm. Neither do they have any financial report on their website.

They only state that they have five datacenters, but it doesn’t verify where exactly they are based. Additionally, the platform indicates they have clients in 193 countries, and over two million investors worldwide.

There is no proof there is mining taking place in this company. They do not display their mining contract openly, and there is no tangible evidence that investors have gained from this platform.

Vpsmining.com Regulation and Customer Support

VPS Mining is a platform that is not regulated by any government to undertake its investment activities. They are operating illegally and risks facing prosecution.

You can reach the support via email; [email protected], their phone number that you can contact them on is; +15033889348. The company state that they are located at 1076 Pittsburgh Delaware, OH 43015.

You will realize that majority of online investment ventures, especially the ones dealing with cryptos, are not located in the USA. This is due to the hefty measures that the country has put into place to protect its citizens.

Vpsmining.com Review, Vpsmining.com Contact

It seems they are trying to observe a high level of anonymity. Without leaving any traces, VPS Mining cannot be tracked by authority. The company does not disclose its founder or team of experts to its investors.

If you trust them with your money, and they exit the market, there is no possible way of recovering your money. Avoid venturing with the platform that is operating in a shady manner.

VPS Mining Deposit and withdrawal

Investors have the liberty of adding more hashrate into their accounts by purchasing more cloud mining contracts. The company only accepts bank payments if you are depositing funds more than $1000 for all other payments; they only accept BTC.

It takes one to two hours for the platform to handle the withdrawal process. They charge a fixed maintenance fee of $0.0 per kWh. The minimum amount that you can withdraw is 1 BTC. The contract of VPS Mining allegedly runs for a lifetime. The least amount that you can earn is 1% daily profit.

Affiliate Program

VPS Mining has an affiliate program they encourage investors to utilize to earn an extra coin. They claim that they have the highest rewarding referral system in the industry.

You only need to recommend the company to your friends, family, or colleagues. If at all you follow their words, you will be helping them achieve their dream of scamming as many people as they can. The platform does not regulate the method that their clients use to refer clients to their websites.

It is only pyramid schemes that encourage investors to use even unethical means so long as they bring traffic to their company. Without seeing any proof of payment, you should not invest your money in any system. Avoid helping a pyramid scheme do their dirty bidding.

The Domain Insight

According to Whois.com, the platform was registered in February 2020, and it will expire in the same month the year 2021.

Sadly, the information regarding the owner of Vpsmining.com is not available. However, the company has a global Alexa rank of 822,784.

Is VPS Mining Trustworthy or Not?

Vpsmining.com is another mining scam that has handsome deals for those who choose to invest with them. The number one indicator that the platform is not transparent is the fact that they are not licensed to perform their investment services.

The company is operating illegally, and they lie they are located in the USA, despite them being an offshore platform. They accept payment via BTC unless you are depositing a massive amount of money.

We all know BTC payment cannot be traced, and neither can you reverse the payment as the currency ensure maximum anonymity. The company is determined to running its business behind the shadows, and this method will only help them to steal your money. Do not trust VPS Mining with your BTC, no matter the mind-blowing deals that they may offer to you.

Vpsmining.com Final Verdict

Vpsmining.com market itself as a BTC cloud mining platform that you can trust. The shady platform state that they have efficient data centers that their clients can utilize.

Finally, ensure you invest your money in legit mining platforms in the industry. VPS Mining is not a transparent company.

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