Unmined Review: Unmined.io Plain Doubler Mining Scam
Unmined has been in the market since 2018 and was built by the company’s IT developers and Blockchain programmers.
It is a Bitcoin mining platform that claims to offers investors a natural mining investment opportunity.
Moreover, the company also brags that their support system is available 24/7, and their clients can air in their queries anytime. However, there are features of Unmined.io that raise suspicion.
Unmined states that they are a small platform that has a universal goal. They want to take advantage of the fact that the majority of people have smartphones, and they aim to utilize that by ensuring they will have access to digital currency.
The company have a very engaging narrative, and the majority of people can buy. They want to realize the initial goal of cryptocurrency to ease the mode of payment by ensuring people can purchase products, foods, and even pay medical bills using digital currency.
Unmined.io claims that their bitcoin mining venture uses secure, simple, and affordable services, and newbies and expert investors can benefit from it.
Unmined.io brags that they have a professional team of experts that handle their operation smoothly. However, we do not get the privilege of getting to know them and their alleged qualification.
Want to dive deeper into this topic?
Connect with Val or one of his team of experts for personalized insights, one-on-one guidance, and tailored advice to help you navigate the complexities discussed in this article.
The only information we have available is they claim they have many years of experience. There is no proof to back up the allegation.
Unmined.io Review
The platform states that their main focus is to offer their investors free hashing power without even purchasing any investment.
However, some have complained that they only allow investors to collect free BTC at the initial stage. Then they will stop when they realize you cannot afford to advance to the paid mining.
The platform is accused of not processing the withdrawal request. Moreover, they will reply to clients that they have created several free accounts, and that why they can’t withdraw.
It is hard for investors to reach support, and normally they do not respond to your query. The platform has shady characteristics, and you should not assume these red flags.
Unmined.io states that they are big dreamers, and their objective is to offer their clients a better secure and reliable life.
The nature of this company is very suspicious. We do not know where they get their free bitcoin from that they offer the client.
The location of their mining farms is undisclosed. We do not know how they plan to mitigate the volatility nature of cryptocurrency to offer clients such returns.
All we know is that the platform partakes mining services and let their investors mine the Unmined Satoshi free of charge.
The company claims that its office location is in the United Kingdom. 28 Old Kent Road, SE1 5UU, London. Given the nature of Ponzi schemes, it is highly likely this is not their location.
Sadly, the chances of you receiving the returns they promise are very minimal. The likelihood of this suspicious platform being in the market in the future is very slim as well.
Licensing and Support System
The cryptocurrency niche is plagued with numerous scammers. It is because clients lack adequate knowledge of how the niche works. They think that crypto is one of the get rich scheme while it is not.
The government is doing everything they can to protect their citizens. Relevant authorities urge investors to be on the lookout of the pyramid schemes that offer unrealistic returns without being regulated.
It is illegal for any investment company to take members of public funds without having proper documentation. Unmined.io claim to be based in the UK, yet they are not available in the FCA database.
The mining investment does not either talk about their regulation info on their website. The platform risks criminal prosecution. Your money will not be safe in this platform to be cautious.
You can reach via their email address; info@unmined.io or via their telephone number; +1 2512740759.
Unmined.io claims that they have the best customer support. They encourage users to contact them whenever they need their assistant, as their expert team is happy to support them.
Nonetheless, the mining company investors claims Unmined neglects their needs, and does not keep in touch.
Investment Plan
The mining company states that they offer their clients the most affordable packaging plan. They encourage their users to upgrade their package to enjoy the returns of Unmined BTC collection.
Finally, if you take a clear look at all their package, you will note that what they are offering is way too vast. Mining was a profitable venture in the past, and a lot of people made the best out of it.
However, there is currently a stiff competition, and it is super difficult for the small scale investors to gain the returns that these Ponzi schemes are promising.
The figures displayed by the Unmined.io site are attractive and enticing. Sadly, they are just numbers. A fantasy that will never come to pass in the crypto market.
What this company is offering can make you a billionaire within a few years to come. Furthermore, ask yourself who would share such an opportunity with the world if they discovered it? Do not be scammed without looking at the logic side.
Unmined.io Referral Program
The investment company encourages its already existing customers to invite their friends, relatives, or colleague to benefit together. They offer a 20% referral bonus to anyone who manages to invite others.
Sadly, it is only the marketers who benefit from such schemes. You will encounter many reviews online that are positive and will lure you to invest with this company.
The shady marketers will say anything to get you to invest with the Ponzi scheme. They will even send screenshots to show you how much they are making. The promoters use unethical means to drive traffic in Unmined.io.
You might come across adverts, written content, or videos promoting this mining company. Avoid falling for their deceits. The only thing you can get from a Ponzi scheme is unimaginable losses.
They do not care if you lose money. There is often a conflict of interest between the pyramid scheme platform, and their shady promoters. Investors are the collateral damage that they want to exploit.
The Domain Name
We gathered important information from whois.com and Alexas.com. Unfortunately, we didn’t manage to find the scammer behind this investment company.
The domain name of this pyramid scheme is Unmined.io. The registration process of the domain took place in December 2018 and will expire in the same month 2020.
However, most of the traffic of this company comes from Nicaragua, Iran, and India. They have an Alexa global ranking of about 81 thousand.
Fake Testimonials
There is a section on the Unmined.io website that has clients testimonials. We firmly believe that these reviews are null and vague.
They have used stock images, and all are talking about how they have gained from the company.
In addition, the reviewers recommend the Unmined.io to everyone who wants to make an extra income. Some reviewers also claim how they have received numerous BTC after purchasing the platform’s package.
Nonetheless, if you take a closer look at the comments left behind, you will note that they are encouraging and asks investors to buy the package to earn more and to escalation the speed of their mining.
The testimonials seem to be cherry-picked. They hull praise of how the Unmined is a trustworthy and reliable company.
There are better reliable mining platforms in the market that will not steal your money. Unfortunately, Unmined is not one of them.
Perform a thorough research before you invest, and use logic. If a deal is too good, it is not worth your time or cash.
Unmined Final Verdict
The mining platform is a crook, BTC investment venture. There is a lot of red flags and unanswered questions that we are left with.
For instance, where does this company get the free Bitcoins that they are generously gifting clients? The cycle will not go on for a long time.
The platform has been accused of going offline, and when this happens, they might never come back again. They guarantee free lifetime hashing power to their clients, and how their platform is fast, secure, and ready to mine.