Hello All!
Today I would like to look at a Cloud Mining Service that I recently started using, and look in to whether or not it could potentially be a scam.
The site I am talking about is Big Mine which claims to be backed by real physical ASIC devices that people can rent certain amounts of TH/s at a price of 0.0055 BTC for 1 TH/s of SHA-256 and 0.01 BTC for 1 TH/s of Altcoin Mining
About the site:
1 Week free 2 TH/s Trial upon sign-up.
Mining contracts are good for 3 years.
You can reinvest your earnings and buy more mining power, or withdraw them via Bitcoin, Monero, or Bitcoin Cash.
They have recently added 2FA to improve security.
They offer Referral Commissions.
The site recently posted a video to YouTube proving that they in fact own a farm of ASICs to support the site (which, if real is a good sign).
Here is the video:
So aside from the video, is there any proof that this site actually pays out? Why sure! I've been using the site for a few weeks now, and will attach a list from Coinbase and Big Mine to show proof of payment:
So the website pays out, has good security, and showed a video. Does that mean that this website is not a scam? No, as with many promising websites, things can always go badly (sometimes outside of the website publishers control) A good example of a recent site that went down, but worked wonders for me was Bits-Pays and Biterdz. I used their Inframe Ads very heavily and had great results because of it. But that's the risk we take when visiting Cryptocurrency related websites.
So if you do decide to try it out and purchase some TH, don't go too crazy and don't spend more than you are comfortable losing.
I hope you find this information useful. If you have any questions please feel free to leave a comment below.
And as always, Happy Earnings!
