Welcome to my review of the Power Mining Pool.
I’ve you’ve been searching a real review of Power Mining Pool you’re in the right place as I’m going to share my honest opinion and review right here.
Before I start…
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Power Mining Pool Review
I’ll be honest and say that websites like Power Mining Pool don’t exactly fill me with confidence. I decided to check out their website after receiving an email from someone promoting it to me as a way of earning guaranteed income from Bitcoin and cryptocurrency. I’m actually very interested in cryptocurrency as I see how big it’s getting in 2017 and I’m sure it has a bright future however companies like Power Mining Pool certainly appear suspect in my opinion as I’ll explain below.
Now before I start calling out Power Mining Pool as a scam, let me just say that it “COULD” be legitimate. There is every chance that I’m wrong and perhaps Power Mining Pool is a legitimate company however it’s hard to believe that what they are offering is legitimate when they guarantee daily payouts and in my opinion look very similar to other programs I have exposed like the Bitclub scam.
Over the past few months there has been a huge rise in cryptocurrency mining opportunities where they claim that if you invest money they will basically give you a guaranteed return on that money by mining Bitcoin and other cryptocurrencies so that you can get your money back and even more. Where these companies start to get suspect in my opinion is when they have opportunities attached to them where affiliates can make a lot of money recruiting other people.
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I personally heard about Power Mining Pool from an affiliate. This is someone who was promoting it as a good opportunity to join however this person will earn money when you deposit. The same is true for other companies like Bitconnect where when you actually deposit into the opportunity the person that referred you earns a decent referral fee and it’s often paid in the form of cryptocurrency or Bitcoin.
Is Power Mining Pool A Scam?
I honestly can’t say for sure whether it’s a scam because currently people are actually getting paid from this opportunity. However this is why opportunities like Power Mining Pool are incredibly risky in my opinion because often they will pay out in the beginning for a few months which lures people into this false sense of security that the opportunity is real. Then a few months later the whole thing collapses and investors are wondering what happened to their life savings.
My Honest Opinion…
As someone who has been around in the online space for a while I have seen many opportunities come and go. In my HONEST opinion I believe that companies like Power Mining Pool are simply jumping on the hype of Bitcoin and cryptocurrency as a whole and using that hype to make money by setting up these opportunities. Power Mining Pool is not the first company like this but it certainly won’t be the last. They have very appealing affiliate programs which attract some top marketers into promoting them however the people that promote the opportunity very rarely have any money in it. They just make money from people like you signing up and making a deposit.
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A couple of years ago there was a huge influx of “ad pack” opportunities like My Advertising Pays where basically you invested money into “advertising packs” and you would earn a guaranteed percentage return. The claim was that the company made a fortune from advertising and would share these profits back with investors. It sounded great but after a couple of years in business the whole company collapsed and everyone realised they had been scammed by a ponzi scheme.
Looking at companies like Power Mining Pool and plenty of others that I have reviewed on this blog it seems that “Bitcoin” is simply the new buzz word and instead of using advertising or forex trading as the hook to get people interested they are using cryptocurrency mining because that’s the big trend right now.
Power Mining Pool – Conclusion
As I have already said in this review I could be completely wrong here about Power Mining Pool but I personally wouldn’t want to take the risk investing my life savings into a company like this that could potentially vanish overnight. Plus with companies like this you need to actually invest with Bitcoin which by the way is UNTRACEABLE. So if the company does collapse good look trying to get any of your money back as it’s literally impossible to do so.
Rather than recommend something that I might regret I’d rather show you a legitimate way to make money below.
Before you go
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s personally helped me earn over $150k in the last 6 months alone:
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(This is a 100% free training)
Mark Charles is the founder of NoBSIMReviews and has been making a 6-figure income online for over 10 years.
After reviewing 1000’s of programs, he knows what works and what doesn’t: