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SCAM Mining-poolhub.com Reviews: SCAM or LEGIT?

    Thread starter Dracila4 Start date Aug 22, 2020 Tags auto-miningmining

Dracila4

Silver Member

Today I would like to ask about miningpool-hub.com.

This seems to be different from mining poolhub.com from the mining pool

This mining-poolhub.com require 0.005(USD $3) to start for 1 year

This is the website if anyone like to test out this awesome auto mining refer

I will share payment of proof once I received payout

Happy earning guys

Dracila4

Silver Member

Today receiving my first withdrawal 0.0001 BTC

See my payment of poof

Check out the smart minng contracts they got

It is actually amuse me that they had 3USD worth of yearly contracts

Come and join me if you at interested in mining for such a cheap fee

slehcpineds

Newbie Member

Today receiving my first withdrawal 0.0001 BTC

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See my payment of poof

Check out the smart minng contracts they got

It is actually amuse me that they had 3USD worth of yearly contracts

Come and join me if you at interested in mining for such a cheap fee

ChrisKau

Newbie Member

@Dracila4
Please tell more about this.
You can claim after how long?
You can claim how many times per month?
“Pending Payment” status; payment clear after how long?

Thanks for sharing all this information.

Dracila4

Silver Member

Yes , I still receiving payouts , see my payment proof

The plan only allow you to buy 1 of each servers

However I don’t recommend to go for high plan as it is still a HyIP Scheme anyway

I have not reach until I really receive profit from my capital , I will update weekly (5 days each week) for withdrawal to see if I can profit

Remember do not invest more then you can afford to lose

Dracila4

Silver Member

@Dracila4
Please tell more about this.
You can claim after how long?
You can claim how many times per month?
“Pending Payment” status; payment clear after how long?

Thanks for sharing all this information.

I claim around 1 time per week
4 times a month and payment is receiving right after you click withdrawal , note that the withdrawal is quick due to small amount

You may try it out if you click on my referral link above

gilbert

Guest

when i want withdraw i give this message did happen too you ?

Your account has been temporarily disabled for not paying the server maintenance fee..
To fix the temporary account obstruction
You must pay 0.02525 btc for 2 servers and notify support.

Dracila4

Silver Member

when i want withdraw i give this message did happen too you ?

Your account has been temporarily disabled for not paying the server maintenance fee..
To fix the temporary account obstruction
You must pay 0.02525 btc for 2 servers and notify support.

I don’t encounter this error , how much did you pay for the server And did you talk to support team on this ?

How long have you joined on to this site?

ChrisKau

Newbie Member

when i want withdraw i give this message did happen too you ?

Your account has been temporarily disabled for not paying the server maintenance fee..
To fix the temporary account obstruction
You must pay 0.02525 btc for 2 servers and notify support.

Please tell us which website are you referring to?

Scam websites always want money before you can withdraw.
Be careful.

Dracila4

Silver Member

I trusted he is talking about mining-poolhub.com , based on his reply , I trusted that he desposit quite a huge fund and then does not pay under the correct amount which included the mining fee. .

Hence the account is suspended due to insufficient funds instead

This is what I can think of only .

Dracila4

Silver Member

Receive payout !! 2 more times to reach ROI

gilbert

Guest

I don’t encounter this error , how much did you pay for the server And did you talk to support team on this ?

How long have you joined on to this site?

i buy 2 servers and pay 0.0505 BTC for this and i withdraw i attach 2 pic on this post but i think this website is fake becase i send many email too support team and they not answer to my emails .

Dracila4

Silver Member

i buy 2 servers and pay 0.0505 BTC for this and i withdraw i attach 2 pic on this post but i think this website is fake becase i send many email too support team and they not answer to my emails .

Can you also share your payment screen , the screenshot that you buy the server from

I try and see if i can help to talk to support regarding this

Also , please provide your username and ID

slehcpineds

Newbie Member

Lawyer42

Newbie Member

3.23 $
In a period of 24 hours -> Total mined 2,000 sat

0.13 $ (Sep – 07 – 2020)
They do not mention that you must pay a maintance fee: 0.00025 BTC (25,000 sat)

1.60 $
Once the first 24 hours of mining period has passed, in your Dashboard, appears the red message:
Your account has been temporarily disabled for not paying the server maintenance fee.
To fix the temporary account obstruction
You must pay 0.00025 btc for 1 servers and notify support.

See the pic

You must pay 0.00025 BTC (25,000 sat)

1.60 $ for 1 server maintenace fee .

Earnings 2,000 sat

0.13 $
Maintenance fee: 25,000 sat

Get your own conclusions!!

Attachments

walid007

Newbie Member

3.23 $
In a period of 24 hours -> Total mined 2,000 sat

0.13 $ (Sep – 07 – 2020)
They do not mention that you must pay a maintance fee: 0.00025 BTC (25,000 sat)

1.60 $
Once the first 24 hours of mining period has passed, in your Dashboard, appears the red message:
Your account has been temporarily disabled for not paying the server maintenance fee.
To fix the temporary account obstruction
You must pay 0.00025 btc for 1 servers and notify support.

See the pic

You must pay 0.00025 BTC (25,000 sat)

1.60 $ for 1 server maintenace fee .

Earnings 2,000 sat

0.13 $
Maintenance fee: 25,000 sat

Get your own conclusions!!

so if you pay 0.00075 btc

4.8 $ you will not get this problem !?
and if yes what is profit after 24 h ?

Lawyer42

Newbie Member

Do you want to pay 25,000 sat. for earning 2,000 .

Remember: The money is the same wether you earn it or sacm it

Have a nice day!

P,S,
Sometimes your mind lets you do things with your money that make no sense.
Suze Orman

Gilbert

Guest

Can you also share your payment screen , the screenshot that you buy the server from

I try and see if i can help to talk to support regarding this

Also , please provide your username and ID

is try to contact with this site support but they don’t answer to my mail .

This is my payment list :

walid007

Newbie Member

Do you want to pay 25,000 sat. for earning 2,000 .

Remember: The money is the same wether you earn it or sacm it

Have a nice day!

P,S,
Sometimes your mind lets you do things with your money that make no sense.
Suze Orman

after your clarification i will say no of course . this is the meaning of question mark .. Thanks for clarifying .

Lawyer42

Newbie Member

You´re welcome walid007
Have a look at this post

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Pi Network Review: Scam or Legit Mining App?

Welcome to my Pi Network review.

Is this another Crypto Currency Ponzi scheme?

Is this the next best thing?

There are so many questions that come with sites that involve anything from the Crypto world and that’s just how it is.

The Bitcoin hype has given everyone so much excitement, anxiety, and most especially heartache.

So if you are wondering if this is something you should invest your time and hard earned money in, you have come to the right place.

This Pi Network review will not only show you the ins and outs of how everything works but also help you make a wiser decision.

I am personally not a fan of hype, so don’t expect me to hype this thing like it’s the best thing since sliced bread.

So before you go even joining the person who introduced this to you, let me show you what you will be getting yourself into.

Table of Contents

Pi Network Review – Product Overview

Name: Pi Network

Owner: Unknown

Price: Free

Overall Rating: 1./5 stars

After almost at least 6 months after its launch, the Pi Network does not seem to have done anything at all.

Although free to join, there is still no one making money and all that seems to be going on is a bunch of “mining”.

I did have this rated at 2.5/5 stars but I think 6 months is enough time to make things happen. Things look cool and all but there are better things that you can be doing with your time than mining on something that isn’t even allowing you to make any money.

So for those of you bombarding others with your personal affiliate link, save it for a better program that at least pays you for your efforts.

What Exactly is the PI Network?

“Developed by Stanford PHDs, Pi is the first and only digital currency that you can mine on your phone by leveraging your existing social connections.”

The company has created their very own digital currency but there is no mention of who owns or runs anything.

So who those Stanford PHDs are is currently just hype without any proof.

What I can tell you is that the site is ran strictly through its affiliate program, in which affiliates are compensated for getting others to join.

That seemed to be the case but no one is making any money with the Pi Network.

The Product/Service

There is no product but the company does offer a service.

By downloading the Pi Network app, you can mine crypto currency on your phone, without draining its battery.

That’s what it claims to be/do but it looks nothing more than a recruiting based program that relies completely on its members.

Recruiting is all that is happening and everyone and their mothers are still sharing their affiliate link, even if they aren’t making any money.

Definitely not something I would recommend as there are way more opportunities out there that you can focus your time on.

How it Works

Pi Network has absolutely no value and is trying to pull off what Bitcoin did back in 2008.

At least that’s what they’re expecting.

Get some hype going, get millions of people to join, all in hopes that the value of Pi will grow to a point that everyone is making money.

Being that it is completely free to join, the money made and value of Pi is all dependent on the volume of members that come into the company and what is spent.

By spending and sharing, using the Pi Network app, the value should increase over time as long as newer members continue to join.

Many companies have made an attempt at this but all we got were Alt coins that are definitely not doing as good as they used to.

Pi Network does not seem to be doing any better with the fact that no actual money is involved.

Will it Work?

There is no telling where this whole idea is headed but of course we always hope that it does great.

I am no psychic but I do see this doing about the same type of numbers that every other Crypto Currency project has done.

It will go up to a certain point but eventually go down once the hype is gone.

Being that it is completely free to join, I don’t see the harm in signing up and seeing where everything goes but again, that does require time.

The good news is that I have not seen any recent wallet type crypto currency programs and I know all the failed crypto marketers are looking for something to join.

Be that source and you can possibly earn some money in return.

Pros & Cons

  • Very new company
  • Free to join
  • Has potential
  • No real money involved
  • Doesn’t seem to be moving anywhere
  • Could be another flop

There is not much information for me to give a real opinion on things just yet, but this is currently what I find to be good and bad of the Pi Network.

So is Pi Network a Scam?

Pi Network is really nothing more than a network marketing gig at the moment.

There is no one that will take your money and only time will tell where everything goes.

It as been quite some time now and I’m about tired of “mining”.

From what I once did daily has now stopped.

I don’t mine anything and I have no interest in it either.

Unless you want to wait around for a miracle, I do not recommend joining the Pi Network

My Recommendation

I don’t see the harm in creating a free Pi Network account and I do recommend you do so anyways.

However, I do not think you should sit and wait around for anything because there are many other things you can do with your time.

With all the Crypto Currency peeps that relied on the many Ponzi schemes to make money, you can bet that they are looking for the latest and greatest program to join.

Be upfront with the people you are going to promote the app too and I’m sure they wouldn’t mind joining you.

Now if you are looking for a real way to make money online, you might want to start today.

You can always do some flipping with Ticket Flipping Hub but it does require a nice investment on your part.

It does pay faster than most but it also requires you to invest a good amount of money as well.

For those of you who have no money to your name but still want to make something, Swagbucks is your best bet.

It’s free to join and will pay you for doing simple tasks.

If you are looking to start a blog that’s great too.

There is no better way to make money than through a simple website and a topic of your choice.

For that, you can start with something like Wealthy Affiliate as they have everything you need and it does give you a free trial as well.

I got my start there and I’m sure you will appreciate some personal help and their super active community of members.

That concludes this Pi Network review, so have a great day and don’t forget to tip your waiter.

About John

I hope you enjoyed that post. I’m John and I am the owner of this site. I like to think I’m a normal dude just like everyone else but that wouldn’t make me unique. I do have 4 kids and I have gone through the hardest of times, most especially financially. With some learning and growing, I have managed to get back on my feet and live the laptop lifestyle most people only dream of. With that knowledge, I hope to align you with a real and legit way to make money online.

Reader Interactions

Comments

Hello.
We welcome anyone.
We are a big group of people and most of us are mining with a rate of 15 pi/h.
Join our team ,using the code : “kingami”

Philip B. Northam

Hi John, it is a shame that you do not understand the concept of the Pi Network and therefore, you shouldn’t be telling people to beware as it cost nothing to find out themselves. The fact is that the Pi network is still in Beta stage and in the 1st year, has over 3.5 million members. Everyone knows there’s no value at this stage. There are three steps to the Pi earning rate for free. You have the choice of getting involved or just being a member – there is no obligation or requirement for anything more than logging on each day! This is a 2nd opportunity that costs nothing to join and earn AND; just like Bitcoin $0 to $15k in 10 years – what will Pi be worth in 10 years – no-one knows but I want to be part of this revolutionary system. I have 600 coins so far which COULD be worth nothing or Millions to my children and grandchildren with no downside! Go to http://www.minepi.com and read the information. Then, if you would like to join Pi, use “PhilBee” as your invitation code and start earning crypto coins for your family’s future. Philip Northam Proud Pi Member earning free coins.

It’s a shame John but can you guys please use “PhilBee” if you want to join? Get out of here with your nonsense Philip. I know enough about Pi, I’m an actual member, and have been for over a year now. Regardless of what I know does not mean that we will be making a single penny from this. Myself and everyone else I know have stopped “mining” and that’s because we really don’t know where this is going. Does all that mining mean I’m going to be rich 10 years from now? Money does not come from the sky Philip and you just have to think realistic and not wishing that some kind of money lands on your lap. And for some weird reason some actual money does come to light, then hey, I’ll be richer than you because I got in way before you did. Don’t question my intelligence Phillip, I’ve been in this business for almost a decade and I’ve followed many programs in my lifetime. I do great With crypto currency in Mirror Trading International, I do affiliate marketing with my blogs, and I have tried many other methods in the time I’ve been online. So trust me Philip, I know what I’m doing and what I’m saying.

Hello.
We are a big group of people and most of us are mining with a rate of 10 pi/h.
Join our team ,using the code : “told”
We welcome anyone.

Hey Told…is there any real currency being used here?

Ah, an armchair know-it-all. Go you!

Ummmm…who you talking to Kristy?

they are starting the in app transfers. some of the members have been in their KYC (know your customer) and now in have in app transfer.

by the way what can you say about this site https://ecoinofficial.org/

ecoins with 370k members in 10 days and counting.

it has an in app transfer already and you can widraw anytime

That site seems to be doing the same exact thing Pi Network is doing. Get lots of people to join and then hit them with some kind of way to pay. Ecaoin says it best “Our strategy is to acquire billions of users”. They are trying to get lots of people in (free of course) in hopes that they will be the early bird and then hit them with some kind of way to get money from them. I wouldn’t do it if I were you Romel.

Got to be a scam. They are soliciting bitcoin on their Facebook page now. I have a screen shot.

Ahhhh, get millions to join for free and then market something else…that might just be it. Can you share that screenshot Johnny?

Yes, Johnny, please share that screen. I am in the same boat as John. I have been mining now for over 7 months but not holding my breath. The more I asked questions and they do not answer, the more skeptical I become. I have to agree with you John, this is looking more and more like a scam to get people to join, and then hit us with some kind of buying. Hoping that you don’t want to lose your Pis, which if it is not going to be beneficial then I will be more than happy to lose them all.

PS: Have to say, if on the contrary, it ends up working, then I will be making a hefty price tag, lol! Benefits of mining for so long. Have 7Gs and counting.

Me too Carlos! lol. I have stopped mining a while ago but I have been with Pi for over a year now. Mining for free is a lot of work! lol. But, I do hope that something good comes out of this and not some sales pitch to the next best Ponzi scheme. Fingers crossed…

Pi is interesting and will be surprising crypto-world in near future, the beauty is that it engaged poineers, by chat rooms , moderation etc. plus the selected group who are able to use in-app transfer , it encourage others, Pi birthday ( March 14 ) is approaching and we believe some new things like KYC will be opened for members and future road-map will be shared, As the developer has slogan that Pi will be common people money , so by proper marketing and advertising its adoption by mass will really surprise all others, we are not going to spend money , not buying expensive hardware just to download and click the button in 24 hours.

So when will real money be used Irshad?

Sory John but you are acting like some of those people who just joined the Pi Network … “when can I exchange Pi to other currency”, “how much is Pi worth”, “is this a scam”
If you really had this app for 6 months you would know the answer all the questions you are asking, and since you published this article on February 14, 2020 you really should know a lot more.
I joined 2 months ago and know who is behind the project (https://minepi.com/team, https://hci.stanford.edu/nicolas/), what was the value Pi reached in the test phase (4,8$ / Pi by the way)
I’m sorry to tell you but your article seems to be written by an amateur.
Here’s a more relevant article – https://sgclassicalguitar.xyz/minepi-pi-network-cryptocurrency-mining-scam-review/

Oh Adrien, I have had the app for over a year now so please stop acting like you know what you’re talking about. The February 14th date is when I updated this post. Did you make any money? That’s the question we ALL want answers to not who runs the show or what the “value” is. So please amateur, answer that ONE question and not the questions that everyone knows the answers to. Please share your know it all answer to that ONE question Adrian as I’m not here to wait a whole year to see what will happen. I’m not that stupid, buddy.

To join pi network, use reference “tornado”

We are a big group of people. Most are farming with a rate of 5 per hour.
To join our group use the code: “told” . We welcome anyone to our chat

What everyone wants to know Dim is when in the world will REAL money get involved? Are we going to mine like it is some kind of game? I’m sure everyone is starting to get tired of waiting around as it’s been quite a while since Pi Network launched. Do you know what is going on? Is there something to look forward to or is Pi Network going to continue to be a mining game of some sort?

Simple, easy Pi Network mining ��

I have never dabbled in cryptocurrencies before but I have a good positive feeling about Pi
They don’t ask for money. They don’t want personal information. A simpleton like me can mine in the background even with the app turned off. And you gain coins faster by having people join your circle. I just love the idea of currency that’s not manipulated by anyone. Its owned by the users.

LOL at all the know-it-betters, who is telling you PI is a scam. Here is my answer.
Before the bitcoin hype in 2020, we were collecting free coins left and right. Some of these coins became famous and you guys were buying our bags.

2020 Free RaiBlocks(Nano) $0.007 to $31 in 2020.
2020 Free Stellar Lumens $0.0018 to $0.64 in 2020.

Other then with BTC it is Pi Network that controls your account. They can delete it at their sole discretion. Actually your account is at risk right now because they have to deal with lots of fake account which need to be deleted. It can be any account, also yours.

Thanks for sharing such valuable information Joe. But what about the whole earning part of Pi? Are we just going to keep mining all day or is something actually going to happen?

John, I suggest you to read the FAQ and the project’s white paper. Everything you need to know is covered there.
And my advice to all Pioneers: Verify your account with your phone number, not only with FB, and make sure to have enough real people pointing at you via security circles. This way you run less risk that your account will be wrongly deleted.

Nothing to lose here but everything to gain. Google and FB already have data tracking on you. I bet many wish they had a thousand bitcoin when they started and were easy to mine. Worth pennies back then. Now look at the price. Nothing ventured nothing gained I say. Crypto is the future. Bankers hate it. They have lots of money to pay bloggers and advertisers to try and quell it. Not going to happen. The people in mass are seeing the light.
Have a good life everyone!

I’m sure that’s the way a lot of people feel Mike but what kind of current benefits/earnings have you experienced as a member? have you paid any money? Recruiting? Can you give us some insight on what you have gained or why you feel that this is probably the best things since sliced bread.

how to spend it?

I think is an interesting project, at early stage, but we´ll see in phase 2 (testnet) and phase 3 (mainnet) where it is going. For now I´m mining and having some “pi” just in case. The idea is really funny and interesting, to have more and more people knowing the blockchain concept. And the blockchain will be a fork of Stellar, one of the 10 more valuables cryptos, so…let´s see!

I’ve been using Pi Network app for quit some time now. About a few weeks after launch and have accrued quite some members to join up and lots of Pi coins now. Though currently there is no monetary value of the coin but I see it has potential along with many other uses for the coin. When peer to peer exchange comes out and their marketplace opens, I think then it will have a lot of value. But currently as the trend of the coin continue to rise up with new users everyday, you can take advantage of their chat system to promote other things to your earning team.

Join Pi Network, minepi.com/cleoarc, and start your new potential moneymaking journey (like Bitcoin started from $0 in 2008). 1st cryptocurrency you can mine from your smartphone. No investment to join.

has anyone found any answers as to what type of data they’re extracting from users? (aside from name/phone number for install)

Pi was not the first mobile mining. I’m pretty tired of people throwing this around. People need to do their homework as Electroneum (ETN) have been doing this since late 2020. Everything this is doing has already been done by ETN.

Elecronium has been on since 2007? And yet even a thousand eleactronium tokens is not worth up to $10 that’s pathetic.

Does Mine “pi” means Personal Information?

Already joined but still worried about security stuff.

Who knows where it will take us, you never know. Maybe you kicking yourself otherwise.

As pi network is still in beta you need an invitation.

ETN does not have a real mobile miner.
UPLEXA has
https://link.medium.com/UjyC0rhJaZ

For me – at this moment – it does just look like some sort of profiling App that collects User data and could possibly sell them to other companies. ? That’s it, they make some money and you get nothing. They want you to use your real names, constantly check back, so they can mark your account as active for possible interests of the database and in the best case they got your E-Mail, telephone number and If you were dumb enough the password you are using on multiple Apps and Accounts so buyers gain access to many of your stuff.

Be careful and stay safe… I’m trying it out right now but I do see many harm that could hit lots of Users if they are not carefully. So this should always be in your mind participating stuff like this.

Pi can be downloaded here: https://www.minepi.com/phone
Be sure to use the invite code “phone” as it’s still in beta.

Preface
As the world becomes increasingly digital, cryptocurrency is a next natural step in the evolution of money. Pi is the first digital currency for everyday people, representing a major step forward in the adoption of cryptocurrency worldwide.
Our Mission: Build a cryptocurrency and smart contracts platform secured and operated by everyday people.
Our Vision: Build the world’s most inclusive peer-to-peer marketplace, fueled by Pi, the world’s most widely used cryptocurrency
DISCLAIMER for more advanced readers: Because Pi’s mission is to be inclusive as possible, we’re going to take this opportunity to introduce our blockchain newbies to the rabbit hole Smiley

Roadmap / Deployment plan
Phase 1 – Design, Distribution, Trust Graph Bootstrap.
The Pi server is operating as a faucet emulating the behavior of the decentralized system as it will function once its live. During this phase improvements in the user experience and behavior are possible and relatively easy to make compared to the stable phase of the main net. All minting of coins to users will be migrated to the live net once it launches. In other words, the livenet will pre-mint in its genesis block all account holder balances generated during Phase 1, and continue operating just like the current system but fully decentralized. Pi is not listed on exchanges during this phase and it is impossible to “buy” Pi with any other currency.

Phase 2 – Testnet
Before we launch the main net, the Node software will be deployed on a test net. The test net will use the same exact trust graph as the main net but on a testing Pi coin. Pi core team will host several nodes on the test net, but will encourage more Pioneers to start their own nodes on the testnet. In fact, in order for any node to join the main net, they are advised to begin on the testnet. The test net will be run in parallel to the Pi emulator in phase one, and periodically, e.g. daily, the results from both systems will be compared to catch the gaps and misses of the test net, which will allow Pi developers to propose and implement fixes. After a thorough concurrent run of both systems, testnet will reach a state where its results consistently match the emulator’s. At that time when the community feels its ready, Pi will migrate to the next phase.

Phase 3 – Mainnet

When the community feels the software is ready for production, and it has been thoroughly tested on the testnet, the official mainnet of the Pi network will be launched. An important detail is that, in the transition into the mainnet, only accounts validated to belong to distinct real individuals will be honored. After this point, the faucet and Pi network emulator of Phase 1 will be shut down and the system will continue on its own forever. Future updates to the protocol will be contributed by the Pi developer community and Pi’s core team, and will be proposed by the committee. Their implementation and deployment will depend on nodes updating the mining software just like any other blockchains. No central authority will be controlling the currency and it will be fully decentralized. Balances of fake users or duplicate users will be discarded. This is the phase when Pi can be connected to exchanges and be exchanged for other currencies.

Pi – Token Supply
Token Emission Policy

Total Max Supply = M + R + D
M = total mining rewards
R = total referral rewards
D = total developer rewards

M = ? f(P) dx where f is a logarithmically declining function
P = Population number (e.g., 1st person to join, 2nd person to join, etc.)

R = r * M
r = referral rate (50% total or 25% for both referrer and referee)

D = t * (M + R)
t = developer reward rate (25%)

IQ Mining Review

About IQ Mining

IQ Mining service started its work in the end of 2020. It has been functioning not for a long period of time, but there is a quite good customers’ feedback describing the project nowadays. The service offers remoted equipment – so users are able to rent it and join process of Cloud Mining.

IQ Mining Bonus!

Summer has come to an end, it’s time to get back to work! All mining contracts are 25% off until the end of September. Prices have been already reduced, this offer works without a promo code.

IQ Mining Bonus!

Summer has come to an end, it’s time to get back to work! All mining contracts are 25% off until the end of September. Prices have been already reduced, this offer works without a promo code.

IQ Mining Promo Code

Summer has come to an end, it’s time to get back to work! All mining contracts are 25% off until the end of September. Prices have been already reduced, this offer works without a promo code.

IQ Mining Promo Code

Summer has come to an end, it’s time to get back to work! All mining contracts are 25% off until the end of September. Prices have been already reduced, this offer works without a promo code.

If you are new to the market or had a negative experience before, names in the service will always come first. Unfortunately, when reading different reviews and getting familiar with official papers, we couldn’t find any particular names apart from two: George Versky, the engineer, and Brad, the support member.

On one hand, it is a good sign that means that IQ Mining work as a Team and don’t distinguish any participant. In this review we won’t be able to familiarize you with CEOs and founders but will surely give enough important information.

At the moment, IQ Mining has more than 50 000 active users, who rent around 860.000 MH/s of total power and have a payout of almost $5 million within two years. When mining on this platform you can get familiar with more than a hundred cryptocurrencies.

Project follows conception, including next aspects:

  • Minimization of energy consumption purchasing. IQ Mining co-works with TOP suppliers of electricity.
  • Rent of excess capacity in large data centers. That allows to make Cloud Mining 2-3 times cheaper than other services offer.
  • Data and money security. Service uses smart-contracts to protect transaction, provide payments and stabilize prices.
  • Converting Altcoins into Bitcoins searching for better prices. Though Altcoin Mining is very profitable, there are too many risks. IQ Mining solves the problem in this way by using special limiting orders which are installed on crypto-exchanges with low spreads.

According to the statistics, IQ Mining has more than 7000 miners and nearly 981000 capacities.

Users are able to know more about the service and join the process of Mining on project official page: iqmining.promo

Crypto Mining: Great Opportunity to Earn Money

Market participants or people, who at least know something about the world of cryptocurrencies, know that there are two main ways of making impressive money: mining coins or starting a new cryptocurrency. As you understand, the first option is much simpler.

If you refer to the term ‘mining’, you will probably think that the process is quite simple and doesn’t require any specific skills. All you need is to buy hardware and install software, set them up and then just relax, watching how your coins are being mined. It seems that people, who are familiar with creating viable systems, are also able to create their own mining farms.

However, everything is a bit different in reality. You not only need hardware but you also need it to be really good. Moreover, when any problems arise, you should be able to have enough experience and skills to handle all of them.

On top of it, you need to take into account regulations of your country and bills for electricity. If you sum everything up, you will see that it is impossible to mine cryptocurrencies without huge investments of time and energy.

Website Interface

Interface of IQMining online resource is very understandable and convenient. User is able to read main information about Cloud mining and know more about principles of service functionality there.

Different pages such as ‘Offers’, ‘Pricing’, ‘FAQ ‘and ‘About Us’ make the information sorted and it’s easier to find topic user is interested in.

Client can easily see the ‘Sign in’ button and join the Mining process by clicking on it and fulfilling next steps:

  • User is to input data into fields: Name and Surname, mobile number, email, choose password and agree with the rules.
  • Open Online cabinet. Client can find information about current capacity, balance and purchasing process there.
  • User should choose capacity after looking through the cabinet functionality and decide how much of it he or she is going to buy, what crypto currency to mine.
  • There is a special page where capacity may be purchased. So after paying IQ Mining will start to work on user. The system will start the process automatically and one hour latter first profit will be added to the balance.
  • Client can withdraw currency once a day without any limitation. Profit on balance will appear every hour. User can fund his or her account through MasterCard or VISA cards, BTC, ETH, LTC and other digital currencies.

How to Profit With IQ Mining?

There are different ways to get profit with help of IQ Mining service. User may choose special account during the process of registration. There are three types of profiles:

  • Provides each hour profit. Withdrawals are allowed once a week. 0.01 BTC is minimal payment.
  • Adds bonus of 10% to every payout. Provides each hour profit. Withdrawals are allowed once a day. 0.1 BTC is minimal payment.
  • Adds bonus of 20% to every payout. Provides each hour profit. Withdrawals are allowed once a day. 1 BTC is minimal payment.

Prices are quite available:

  • Service offers 300MH/s of Scrypt for 840 USD.
  • User can buy 3000GH/s of SHA-256 for 240 USD.
  • Ethereum costs 540 USD for 30000KH/s.
  • Price for 2CASH is 480 USD for 300H/s.
  • To purchase DASH user must pay 840 USD for 300 MH/s.

What Coins to Mine?

There are different digital currencies which user can chose for Cloud Mining:

  • LiteCoin, abbreviation – LTC;
  • Ethereum, abbreviation – ETH;
  • Scrypt;
  • Monero;
  • DASH;
  • Zcash, abbreviation – ZEC.

Unfortunately, Bitcoin capacities may be unavailable. If you are interested in mining of this currency, firstly check if there is a possibility to purchase capacity.

Altcoins Pool of IQ Mining

When you enter the IQ platform, you get access to instruments that help to mine a variety of coins or tokens. At the moment, IQ Mining offers around 150 Altcoins based on the selected plan.

For now, the most popular coins include Ethereum, Litecoin, Zcash, Monero and Dash. They are the most reliable and profitable coins, so are definitely a great choice for experienced miners.

When the altcoins are 100% mined, the platform assists in exchanging them on bitcoins and sending to the indicated wallet.

How the Mining Processes Look

  1. IQ Mining owns multiple data centers and a variety of mining instruments, which the company rents out and exchanges on hash power;
  2. IQ Mining power is now used for mining the most profitable coins on the market;
  3. When you have mined altcoins, you can trade them for bitcoins that will be sent to your wallet address.

All you need is to buy one of the plans and IQ Mining will do the rest for you!

IQ Mining Pricing

To choose the best option for work, you can give preference to one of the three cooperation packages, depending on your possible investments and wishes:

  • Bronze package – your basic opportunity to invest in cryptocurrency without bonuses, but at the same time without a minimum deposit. In order to start cooperation on the “bronze” conditions. To obtain it, an investment of 0.01 BC is enough.
  • The silver package is an opportunity to receive a bonus with an investment of 10% with an investment of 0.1 BC.
  • Gold package is given to those who invest from 1 Bitcoin in recalculation at a time. And the bonus, in this case, reaches 1/5 of the deposit.

If in general, depending on your investment, on our platform you can set up mining from 100 to 150 altcoins (we listed the list of available currencies above). In addition, you can choose among the most popular cryptocurrencies, including Etherium, Litecoin, Zcash and others.

Regardless of the chosen cryptocurrency, after its mining, you can automatically exchange it for Bitcoins at the exchange rate of the platform and get into the account specified during registration an already accepted version of cryptocurrency.

To reduce the risks on our platform, small smart contracts are used. In addition, we are actively using cooperation with the capacity of large data centers – they help our customers with the provision of physical resources, so you can mine without the hassle and earn three times more of your investment simply by using our platform without enhancing your own resources.

SHA – 256 (mining strategy – 10 majors)
– $0,0014 for 10 GH/s maintenance fee;
– Everyday payout;
– Price of the contract: starting with $50 for 1000 GH/s
– Historical earnings: 73% for year.

SHA – 256 PRO (mining strategy – 100 altcoins)
– $0,0014 for 10 GH/s maintenance fee;
– Everyday payout;
– Price of the contract: starting with $120 for 2400 GH/s;
– Historical earnings: 128% for year.

Ethereum Mining (mining strategy – ETH)
– Nill maintenance fee;
– Everyday payout (in ETH);
– Price of the contract: starting with $40 for 4 MH/s;
– Historical earnings: 60% for year.

You can pay using BTC, Zcash, LTC, Webmoney, PayPal, Credit and Debit cards, wire transfers, kiwi and so on.

IQ Mining Innovations

With the help of smart contracts IQMining managed to reduce costs and to protect investments, income and profits. In addition, they always use huge data centers and never rent hardware, always working on their own.

Also, time frames of delivery and consumption of power are also secured by smart contracts. As a result, you can be sure that with IQ Mining your investments will be safe and will return three times bigger compared with other cloud mining platforms.

Pros and Cons

IQ Mining has lots of advantages. Thanks to its unique features, it stands out among other similar projects.User can start Cloud Mining process purchasing only 0,01 BTC or other equivalent digital or real currency. Minimal withdrawal sum is 0,001 BTC. To get payout user should only leave an application in the Online cabinet and wait within 24 hours until the payment falls on the wallet or account. There is a possibility to win bonus of 20%. Service offers reinvestment option which allows to increase the profit client gets. There is no subscription fee and registration is free. Disadvantages are too short period of existing time and wide variation in reviews, both good and bad. Though there are articles describing IQ Mining as a Scam, no real facts of false are registered. Anyway clients should use the service at their own risk. Unfortunately, fake projects are everywhere nowadays and not only IQMining is risky.

Why to Choose Cloud Mining?

However, you shouldn’t think that everything is useless and there is always a way for those, who really want to achieve something. If you are familiar with web hostings and their work, you probably know something about cloud hosting.

Basically, instead of being attached to a certain location with physical servers, cloud hosting offers a variety of connected servers, which make up a single system without any particular location.

Now you can try and transfer this idea on mining. With the help of CPU/GPU you will be able to mine a variety of coins. Considering that cloud mining can offer additional power, when servers are connected, the chances of mining a proper block become higher and you will certainly earn more money.

This means that a cloud is a connection of several mining instruments and multiple different locations. To be brief, when you are turning to cloud mining this means that you will rent a certain space in a variety of networks that are interconnected.

We have analyzed, researched and tried out a variety of cloud miners for the past years and IQ mining remains one of the best in the field. Reviews are truly amazing, so we decided to tell users about the service, its offers and algorithms.

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