BTCMiner – Scam Exposed? [Honest Review]

Looking for more information on BTC Miner? You’re in the right place.

As a fairly new entrant into the cryptocurrency money-making ecosystem, BTCMiner has come onto the scene with some pretty lofty ambitions. It claims the ability to earn returns that go as high up as 12% for their investors through automated mining which is rather substantial. Can it really deliver these insane profits though?

I’ve prepared this BTC Miner review to give you my honest opinion.

Before I start…

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BTCMiner Overview

Before we jump into the overview be sure to check out other Bitcoin operations we’ve exposed like USI Tech and New Tycoon Plus.

If we’re to believe them, all a person has to do to start earning is give them some cash and let them get on with all the work while you sit back and watch the profits come rolling in. It sounds good, but the question needs to be answered; are they for real or is this yet another shameless scam?

As you can surely tell by the name, this is a mining operation that focuses on Bitcoin. There are basically two ways to get your hands on cryptocurrencies such as Bitcoin – either through a straight-up purchase with cash or through a mining process. We don’t need to get into the nitty-gritty of the mining process right here and now, but it basically amounts to generating your own coins by means of computer algorithms.

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More About BitCoin Mining

With the price of Bitcoin at a somewhat unattainable height for most people at the moment, many have turned their attention to the possibilities of mining their own coins. To satisfy this demand, numerous programs have cropped up promising assistance in crypto-mining pursuits. Things get a bit hairy here because, for the most part, experience has exposed these operations as outright scams and Ponzi schemes that take in cash from large numbers of hopeful people but ultimately leave their investors crying all the way back home.

With this in mind, you should pat yourself on the back for taking the time to look at an unbiased review of their system here before pulling the trigger on this venture because I have to mention that even the most cursory glance at their operations throws up some unmistakable red flags.

Before we jump to any conclusions, however, let’s have a glance of how they operate.

How BTCMiner Works

Their working concept is a pretty simple one, truth be told. They say they specialize in Bitcoin mining and offer you the chance to make an investment in their mining farm operations in return for a share in the Bitcoin obtained. Their promise is that you will receive a substantial return on what you invest.

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The first red flags to show up immediately was their free startup offer, where they claim to let you start earning without any money from you.This is just nuts, to be frank. There’s nothing free on the internet, especially when it comes to Bitcoin. A closer look at some of the reviews elsewhere online reveals that their ‘free’ offer falls apart the moment a user tries to cash out when BTCMiner demands that you upgrade before you’re allowed to cash out. This will cost you BTCs not less than 0.001.

Fine. Whatever. It’ll be worth it once you make your withdrawal, right? Wrong.

 

There are complaints all over review forums claiming BTCMiner hasn’t paid up what they owe their members. This is surprising, to say the least, as most Ponzi sites that don’t even have an actual mining operation being done will pay out a number of their members, giving people a bit of a chance to see their money back, if they’re lucky. This seems unusually brazen.

The Verdict – Is BTCMiner Trustworthy?

Without going through the motions of actually giving them any money, they get a big thumbs down from me. I don’t need to jump in and test them out when I have exposed many of these programs in the past already.

Bottom line: This is surely one to keep away from. There is absolutely no way they are delivering these kind of returns and unfortunately they are looking to prey on the get rich quick mindset that so many newbies have. Don’t fall for it and instead avoid!

Before you leave

If you’re tired of fraudsters and want a legitimate way of making money check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)