Slush Mining Pool Review (slushminingpool.com)

Slush Mining Pool is a cloud mining company that claims to let investors share the expenses of running their mining rigs. In return, the investors receive compensation out of the generated revenue.

It’s simple. Open an account, fund it, and watch your profits accumulate. Withdraw whenever you want.

The benefit of cloud mining is that it doesn’t require technical knowledge and setting up expensive hardware. Unfortunately, most cloud mining operations turn out to be scams. And those that don’t generate modest returns.

So what about SlushMiningPool?

Is it a legitimate cloud mining operation, or might it be a SCAM?

One week ago (on September 3, 2019), we received the following comment from one of our visitors, which prompted this review:

I was scammed by slushminingpool (slushminingpool.com). It’s pure scam. Do not invest into this mining pool. It is the same founder like premiumchainpool. Please do not make the same mistake like me.

That sounds bad… (Here’s our PremiumChainPool review.)

However, it’s just one review. And SMP may claim that their competitors are trying to hurt their business. So we need to take a deeper look.

About SlushMiningPool

SlushMiningPool.com is a domain that was registered on May 6, 2019, for just one year. We would expect a serious company that plans to remain in business for years to come to register the domain for more than just 1 year. One-year registrations are for newbie bloggers who want to start experimenting with blogging… or for scammers planning to make a quick buck and then disappear.

Six programs are offered to investors based on your desire to invest.

1. Kick-starter: $1,000
2. Lite Miner: $2,000
3. Mid Miner: $5,000
4. Strong Miner: $10,000
5. Master Miner: $12,000
6. Custom Miner

Except for the custom miner, all contracts have a duration of 2 weeks. A guide is offered for all plans.

Company Information

Address: Woodlands Square, Singapore

Telephone: +1 213 302 6793 (Whatsapp only). 1 is the US area code, while 213 is that of Southern California, including Los Angeles.

Email: info@slushminingpool.com

They also have a live chat feature and contact form on their website.

Many links on the homepage are nonfunctional, including the social media icons. They seem to have had Facebook (facebook.com/slushminingpool) and Instagram (instagram.com/slushminingpool_) pages, which look like they have been deleted.

Fake Testimonials

Another red flag is the fake pictures presented in the testimonial section, as you can see by looking at the picture below:

Don’t confuse Slush Mining Pool with Slush Pool

Slush Pool is actually the first and one of the most popular Bitcoin mining pools.

It makes us wonder whether SMP is using SP’s name to confuse investors and trick them into signing up with them.

Moreover, cloud mining is something totally different. The company owns the mining hardware, while clients pay to operate it and enjoy a share of the profits.

A mining pool is when miners share their processing power over a network to split the reward equally, according to the amount of work they contributed.

Reviews

On September 19, 2023, we received the following complaint from a person who reported losing $9K:

One woman requested to be friends, and after a few days, she started talking about Slush Pool. She told me that if I invested 400 MUR, I would receive 4500 MUR in return. She then instructed me to contact the CEO to create my profile on the platform. Over time, she told me that I needed to deposit 15,000 MUR and claimed that I could withdraw at each step. Unfortunately, I have lost about $9,000 so far. She still demands an additional $1,050 before the profits will be credited to my account.

Conclusion

We would be surprised if Slush Mining Pool would be a legitimate service.

Until then, our advice is to avoid SlushMiningPool.com.

Let us know your thoughts regarding SlushMiningPool by commenting below.