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World Mining at World-mining.net is purporting to offer mining contracts to investors who are interested in cloud mining. They also claim that they started their operation in early 2017, and that they recently incorporated the project into a British company in October the same year.
But there is no evidence of the alleged solid experience in the Cryptocurrency mining industry. And secondly, details of the corporation in question are not available anywhere on the internet.
It prompted us to dig further. We discovered that World Mining was surrounded by a cloud of anonymity. On the other hand, the website seems to be promising nothing but excellent mining experience where customers can allegedly make money fast and easily.
Is World Mining legitimate? We doubt this. Given that this is a mysterious company/website, we don’t think they are any legitimate. But let’s see anyway.
Note: You can mine Cryptocurrencies with legitimate companies here.
The experience that World Mining is talking about cannot be confirmed.
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They claim that they have invested in modern, powerful Cryptocurrency mining hardware with an average capacity of more than 67 PH/s.
We really don’t know whether this is true. Also, World Mining is claiming that they are involved in leasing servers of varying capacities to those who are interested. Unfortunately, there are no records anywhere showing this website’s activities in that space.
The alleged customer who utilizes the services of World Mining is supposed to choose what they want as the company is very flexible with its offering. The website claims that customers are able to choose speed and power of the leased servers, profitability, period of time it takes to pay back rent and so on.
On top of that, they claim that their project has been able to adapt a variety of mining algorithms which include Scrypt Mining, Dagger-Hashimoto, SHA256 and X11 respectively.
Well, that could really mean that World Mining is a highly equipped company.
However, since their operations are covered in mystery, we are not able to verify any of these claims. Remember that scammers too make claims that can’t be verified. And this website fits very well in that category.
The website has listed a number of advantages which they claim customers will enjoy if they work with them.
These include the possibility of enjoying a stable income, decent interest rates, lowest rental rates and good terms of service.
They want you to see how reliable their service is. But remember that nothing can be guaranteed in the world of cloud mining. Just like any other investment, you can’t guarantee any significant returns.
This website is actually misleading investors because they are guarantying stable income and secondly, they are making claims that cannot be verified.
Since this project is operated by people who thrive on obscurity, you can expect to find nothing when it comes to their alleged hardware and data centers.
The fact that World Mining is talking about their ”modern hardware” and ”data centers” does not mean that they actually have them.
We searched for any evidence that would lead us into finding their data centers. We did not find anything. This is just empty talk guys. There are no hardware or data centers here. That should be very clear.
This automatically nullifies the alleged increment in their income which they claim was increased by 15% between March and September.
There is also reference to natural resources for generating electricity and facilitating cooling. World Mining claims that they’ve been able to cut costs significantly.
And lastly, they claim that they have been able to provide high interest rates for their clients because they put in place measures that would automatically cut costs.
We only wish that these things were true. The problem is that these claims cannot be verified. But the website is still insisting that their claims are reality.
They are talking of high interest rates. This prompted us to experiment with their online calculator to see just how much we would earn with this website.
The values that were coming up as a result of inputting certain figures representing our investments was unbelievable. Those figures suggested that World Mining was a get rich quick scam.
We could not think twice about it because all websites that have utilized such calculators have often turned out to be scams.
This one can’t be an exception either. We have done our research thoroughly, and the only thing we can tell you for sure is that World Mining is the worst website you can send your bitcoins to. That’s because it’s easy to believe that they mine Cryptocurrencies. Their style of presentation makes it easy for people to think that actual mining operations are going on.
Don’t be surprised that a company doesn’t exist here at all. This website isn’t backed by any corporation. They are just lying to make them look credible in the eyes of a potential investor.
That is a really bad thing because they are misleading investors, thus making them lose their Bitcoins in the process.
We thought that Who.is would give us a good lead. When we run the domain on this tool, we discovered that it was privately registered to prevent the public from finding out who owns this website.
When we checked out the company in question, we discovered that it was not existing anywhere. It’s not a real company because these details aren’t listed on Who.is either.
That makes World Mining a dangerous scam. Why do you send your Bitcoins to someone who doesn’t want to reveal their identity to you?
Why do you send Bitcoins to people whose operations are not clear?
These guys are bound to take your coins and disappear because they are operating a project that is akin to a ponzi scheme. Any expert who looks into this website will tell you that World Mining is a ponzi scheme as opposed to a legitimate mining operation.
This service is really popular in Italy. It appears that the popularity of this site is boosted by the fact that the shrewd owners are paying traffic exchange websites to have their members browsing World Mining website.
We assume that people from Italy visit this site the most. And so that begs the question of why there are no user feedback on Google or elsewhere on the internet.
Usually, popular services will have users talking about them in forums like Reddit and BitcoinTalk. However, with this one, we don’t have any reviews or testimonials from people who could have used it in the past.
You might want to treat this as a red flag because there is no way a service can be possible yet they don’t have people talking about them.
World Mining is a dangerous site to send your Bitcoins to. We have always warned people not to send Bitcoins to strangers or websites whose ownership details and track records are hidden. This is a high risk website. Your investment will go down the drain.
Please use these approved cloud mining companies instead. Don’t believe that something good will ever come out of this pathetic scam.
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26 Replies to “World Mining Review: Scam Never Mines Bitcoin”
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They do have a video of their data centers on their website and their company registration can be verified it seems. I’ve also heard that they do payouts (not that it proves anything) and they also seem to accept credit cards (most scam companies insist on payment in BTC). Their support is also very responsive which is more than I can say of even HashFlare. I’ve bought a small amount of hashpower through them to test out. ROI should be in a couple of months (if not a scam). Their referral system is concerning though (smells like a ponzi).
ciao.. come va con wordmining? e affidabile? cosa puoi dirmi a riguardo? continua a pagare? grazie e ciao !
They are still paying. I’m almost on ROI. I’m withdrawing every 2nd week and reinvesting every other week. Only complaint is that now that the BTC price has dropped, they increased their withdrawal fees which is currently a bit insane, but still more profitable than Hashflare or anything else that I know of. They might still turn out to be a scam, but so far, they’ve been paying reliably since January.
ich metoda to dawanie twoich pieniędzy jedną ręką a zabieranie drugą ręką.opłaty za wycofanie regularnie wzrastają od 5% do 33% dalej nie wiem co będzie .Manipulują zasadami wypłat do portfeli ,każdy ma inny % prowizji.Na 100% SKAM
By that reasoning, even Hashflare would be a scam (Hashflare takes over half your earnings every day). You should adjust your definition of what a scam is. Just because they’re greedy / unethical, like Hashflare and pretty much all cloud mining sites, doesn’t mean they’re a scam.
If they take all your money and run like Antminecloud, Space-mining, Bitconnect, etc., that would make it a “100% scam”.
So far WorldMining and Vozex are the only cloud mining sites that are profitable and paying, but Vozex keeps paying out less and less as time goes by (apparently due to difficulty increase).
ROI inkl. oder exklusive der astronomischen Kommission? Trotz anderslautender T&C von WM nehmen die 33% von Deinen Erträgen. Dann kommt noch die Abzocke der Exchange-Payment-Sites – Payeer oder ADV-Cash – mit weiteren bis zu 50% – falls in Cryptowährung ausbezahlt – und das ist ja der Sinn des ganzen – zumindest für mich – Cryptowährung zu minen.
Eine Antwort würde wohl eininge helfen, die sich überlegen – da ein Geld reinzustecken. thks
The commission wasn’t always this crazy. Only when the BTC price fell below I think $8000, it suddenly spiked to this crazy amount. I think I’ve hit ROI around now (commission deducted) based on what I can remember. The thing is I can’t know exactly because is the history function on Payeer is useless and so is the function on World Mining because they see that commission as part of the payout. I usually withdraw to Payeer and from there I either reinvest into Hashflare or Vozex, or I convert to crypto using Paybis or Changer (don’t use the exchange function of Payeer, it is crazy expensive).
I knew from the beginning the site is high risk so I only invested about $100 in it back in January. According to World-Mining, I’ve made $148 profit already, but that is obviously incl. commission so that figure means nothing.
To be honest, at the moment, I wouldn’t recommend any cloud mining as the profitability is slow and chances of scams are high. I bought a bunch of cloud mining contracts back in December/January when I started out and didn’t know any better. I only invested relatively small amounts into each except for Hashflare cause I knew they were legit. Each of the cloud mining sites have their issues, but I’m already invested so have to make the best of it. At least I’m not losing money. So here are my thoughts on the sites I’m invested in:
World Mining: I don’t think they’re a scam as they’ve been around quite a while and they’re paying out for almost half a year now (and promptly). Most scams take the money and run as soon as they have a lot of investment. WM seems to be expanding and growing. While they may not be a scam, I would say they’re perhaps unethical by raising the withdrawal commission when BTC is low. It is fishy. Then again, most cloud mining sites are unethical (Hashflare uses your generated BTC to pay their maintenance, taking over half of your earnings).
Vozex: They seem to be the most profitable right now and they’ve been around for 269 days. Their contracts are lifetime which is nice, but… They charge 0.001 BTC for withdrawal and every couple of weeks they reduce your daily payout due to “difficulty increase”.
Hashflare: Their maintenance is insane because they deduct it from your BTC earnings, but at the current price of around $0.80 per 10GHs, it might become profitable once the BTC price increases over $10,000 which should happen in the next month or two.
All in all, final conclusion, I wouldn’t recommend anyone to go into any cloud mining. Rather join a tip group like Blockchain Whisperers, Rocket Signals or Artems VIP Signals and start trading in alts. You get to keep your original capital and increase it by 10%-50% each month and if you follow instructions well, it is much safer.
If you’re already into cloud mining like with World Mining, focus on ROI (1 week reinvest, 3 weeks withdraw). Once you hit ROI, then you’ve got some earnings to play around with and you can switch it up to 2x reinvest, 2x withdraw, etc. It can generate a small passive income that you can then use for whatever you want to throw some loose change at. I personally use it for reinvestment in Vozex and Hashflare since I don’t want to waste my earned BTC on that.
A jak jest u ciebie z płatnościami w lipcu? Bo ja czekam już 18-sty dzień na zleconą wypłatę i nie mogę się doczekać.. Ciągle odpisują żeby czekać i czekać..
Ciao, World Mining a parer mio è affidabile anche se ho sentito pochi bad feedback al riguardo.
Y cómo te fue con tu inversión?
It’s fine. I almost have my whole investment out (if I don’t already). Then everything else will be profits.
Another interesting ‘fact’ on their website, they mention that they are using Antminer S5 and S7, which most of us know are no longer profitable based on their output/electricity usage.
Another red flag is that the person listed on their company certificate as the owner has only 1 measly share. Who starts a company up with 1 share outstanding. Plus he is not listed as a part of the yound looking management group whom none of which have linkedin profiles.
I started investing in World Mining two months ago. My investment in WM is $1000, so daily accrual for my investment is about $10. As noticed people like World Mining Company a lot.
They pay very well! The withdrawals are fast. Respect to the company! It became very popular around the world. God bless!!!!
RESPECT TO THE COMPANY!
WORLD MINING BEEN PAYING FOR 3 MONTHS NOW AND PAYS ALWAYS ON TIME! BRAVOOOO!!!
CIAO HO INVESTITO A GIORNI VI DIRO
It’s working good and I have proof of payment if somebody want to see please reply I will offer you a proof….
For receiving 30 Gh/s bonus register here with a link below:
email me the payment proof. i will love to see if this is legit.
A jak wyglądają wypłaty na przełomie czerwiec – lipiec? teraz trzeba ponoć czekać 14 dni na wypłatę pieniędzy. Ja czekam już 18 dni i jakoś straciłem nadzieję na wypłatę z tej firmy..
hey, on first glance it looks like THE Mining Company, but in my opinion it is pure PONZI. I am not repeating what has previously encountered on this HP – but what is really insane is the commissions on withdrawal to RUSSIAN SCAM Exchanges – Payeer, ADV-CASH and Perfect Money. 23% charged by World Mining and if you transfer from the only available Exchanges in Crypto to your wallet you are loosing additional up to 40% – if you are not careful. Support from WM said – from the wallet the biggest Investment to purchase HASHPOWER was done – less fees to be expected. As I purchasaed in BTC and BTC direct payment is off – I end up with insane fees until I have the earnings in my crypto wallet. So to speak, from a global perspective payment looks good minus Commission WM – minus Commission Exchange you can easy deduct 40-50% of your Dashboard earnings. I would not sign any other contract with World Mining and not invest 1 more Cent. To risky – I havent heard from anybody who is over ROI yet with WM.
Hi. I think I’m on ROI already. I’m not sure because working through the WM and Payeer transaction history is a mission (Payeer only give I think 2 months history). The ROI was achieved only through their returns and CPU mining (which generates about $0.03 per hour). Due to the high risk nature of the company, I wasn’t really willing to refer anyone unless asked.
The payout fee to Payeer (and others) is insane, but apparently temporary (due to the low price of BTC). They said it should reduce again sometime this month if BTC recovers (but yes, fees are insane). Also, don’t use the internal exchanges from the wallets. Rather use Paybis or Changer as their fees are much cheaper.
At the moment, I’ve adjusted my strategy as follows each month (since I’m already probably on ROI): 1 week reinvest, 1 week withdraw and convert to crypto, 1 week withdraw and reinvest in either Hashflare or Vozex, last week withdraw to crypto and then the cycle repeats. Since it is essentially “free money”, I might as well up my investments in my other cloud mining for when BTC recovers and they become profitable again (all the contract prices are at record lows and BTC recovery should start soon I think)
update, now World Mining is charging 33% (instead of 23%) and the excahnges charge whatever they want – according to their support – stay away – dont invest in World Mining – pur Ponzi. I assume they run off with all money as soon as new investors getting less or BTC hits astronomic level – meaning once they have reached der SCAM-GOAL – they run. Besides that – when you open a new account you have the function of BTC withdrawl -then it dissapears and they start with 23% – month after 33% commission – just as they like to do. STAY AWAY. If I could I would cancel the contract.
wenn ich mir die vielen Kommentare anschaue drängt sich mir der Verdacht auf, daß hier viele mit Ref-Links Leute auf die Seite locken wollen. Lasst die Finger von WM. Heute werden bereits 33% Commission verrechnet – also von total US$ 72,19 Ertrag – kommen US$ 54,15 auf der nächsten russischen Abzockseite an (Payeer oder ADV-CASH oder Perfect Money – USA). Die langen auch nochmals kräftig zu – bis zu 35% falls ihr in CRYPTOWÄHRUNG auszahlen wollt – was anderes hab ich nicht probiert – denn darum geht es ja beim Minen – zumindest für mich. Auf jeden Fall interessiert mich, ob bei der ROI-Berechnung/Aussage rein der Wert auf dem DASHBOARD von WM herangezogen wurde oder dies abzüglich Kommission errechnet ist. Vom tatsächlichen Abschöpfungsbetrag auf der Seite kann locker 50% abgezogen werden – soweit meine Erfahrung – ist es dann immer noch so rentabel? Wie lange wird es WM noch geben? Bis der Zulauf an neune Investoren abnimmt? Ich würde KEINEN CENT mehr in diese SCAM-Seite einzahlen. Bin schon gespannt wie lange es dauert, bis mein Account gesperrt wird -da ich diese NAchricht überall verbreite. Der schlechte Ruf der Branche kommt zum großen Teil von solcher Abzocke – alles alle die WM hier im Forum “gutreden” wollen – stellt doch öffentlich die Nachweise ein, daß ihr tatsächlich investiert habt und ROI erreicht ist, denn alles andere dient nur mehr Leute anzulocken für ein paar % Kommission – und das ist ganz mieses Karma Leute. Ich hab bis heute bei WM keinen einzigen geworbenen Investor – rate allen nur ab. Daneben hab ich auch in seriöse Unternehmen investiert, da sieht es komplett anders aus.
Überlegt Euch ein Invest bei WM gut – die Terms & Conditions sind das Papier nicht wert – unter §5.3 wird ausdrücklich festgehalten, daß WM KEINE Kommission nimmt für Geldtransfer – da muss wohl einer was falsch verstanden haben. Interessant auch die Aussage vom Support- wie Oliver am 11.05. beschrieben hat – läßt auch kein gutes Haar an WM – FINGER WEG! Es gibt genug Alternativen.
Ho investito il 22 gennaio ed oggi il ROI è al 113,33% lordo (commissione payeer è del 4%) Pagato regolarmente tutti i lunedì e giovedì. Ora inizierò a fare compound al 50%
I’ve been using them for 2-3 months now and haven’t had an issue yet 🙂 I only withdrawal through payeer and it is working perfect with close to no fees.
Here’s my Referral Link if you wonna help a fella out in this crypto world 😀
I pagamenti sono sempre untuali, ma ritirando con Payer si paga una commissione sell’11%….Invece a gennaio la commissione di ritiro payeer era del 1%