CryptoMining247.com is an infectious habitant residing in the Bitcoin community. Forging false illusions of grandeur earnings through their illicit Bitcoin cloud mining program is the least of your worries with this latest scam operation. As you will quickly learn, nothing found at CryptoMining247 is what it appears to be. A deceptive veil of falsehoods and empty promises are the most you can expect to receive after you have departed with your hard-earned bitcoins.
Want to learn the truth behind CryptoMining247.com? Read our impartial yet unwavering review where we will uproot all legitimate appearing characteristics associated with the site and expose the vile nature of this cloud mining scheme.
About CryptoMining247
CryptoMining247.com is an online platform that allows Bitcoin investors to buy hashing power. Claiming to provide the best cloud mining contracts, investors who register for an account and depart with their bitcoins through CryptoMining247 believe they are mining bitcoins without having the need to own any mining hardware. In essence, users are renting mining hash power from rigs that CryptoMining247 claims to have up and running and are able to receive payouts every 24 hours.
Since before their sites creation, CryptoMining247.com has claimed to be specializing in developing smart Bitcoin mining techniques. Due to increasing consumer demand, their platform tread off the beaten path where they use to solely mine altcoins, which they then exchange into Bitcoin for their clients, and incorporated direct Bitcoin mining to their interface as well. Now, it is claimed that CryptoMining247 is also capable of mining Ethereum.
How does CryptoMining 247 Work?
There are 3 cloud mining packages available at CryptoMining247.com. While a free trial appears to be available on the site, it appears that free trial package is not operational for the time being.
 | Were you SCAMMED online? Recover Your Money Now! |
 | Crypto Betting Platform (CFDs) |
 | Best International Crypto Exchange - Buy/Sell BTC & other Cryptocurrencies |
Bitcoin Cloud Mining
Price: $28.50 (in BTC)
Hashrate: 200 GH/s
Duration: Open-Ended Bitcoin Mining Contract
Payment Method: Bitcoin
Alleged Hardware: Multi-Factor SHA-256 Algorithm Miner
| Were you SCAMMED online? Recover Your Money Now! |
| Crypto Betting Platform (CFDs) |
| Best International Crypto Exchange - Buy/Sell BTC & other Cryptocurrencies |
Maintenance Fees? – Yes
Ethereum Cloud Mining
Price: $29.99 (in BTC)
Hashrate: 500 KH/s
Duration: 1 Year Ethereum Mining Contract
Payment Method: Ethereum
Alleged Hardware: GPU Rigs ETHash Algorithm Miner
Maintenance Fees? – No
Cloud Bitcoin Mining “Most Popular”
Price: $665.00 (in BTC)
Hashrate: 5 TH/s
Duration: Open-Ended Bitcoin Mining Contract
| Were you SCAMMED online? Recover Your Money Now! |
| Crypto Betting Platform (CFDs) |
| Best International Crypto Exchange - Buy/Sell BTC & other Cryptocurrencies |
Payment Method: Bitcoin
Alleged Hardware: Multi-Factor SHA-256 Algorithm Miner
Maintenance Fees? – Yes
CryptoMining247.com Red Flags
There are a couple of red flags that should be considered before you commit with the CryptoMining247 operation. The first red flag, which isn’t doesn’t arouse too much suspicion, would be how no information regarding their data centers is provided. Sure enough, if CryptoMining247.com had mining rigs set up then they wouldn’t have a problem divulging information regarding their data centers and how they are processing at the moment.
The more worrisome red flag that we came across would be how CryptoMining247.com employs fake user testimonials to gain your trust. As you can gather from the image above, none of the testimonials provided about CryptoMining247 are legit which should make you wonder what else this site is lying to you about.
CryptoMining247 Scam Test
Does CryptoMining247 promise unrealistic hashing power?
CryptoMining247.com doesn’t promise unbelievable high hashing power for their mining packages. Although the pricing of these packages arouses suspicion in regards to their affordability versus how much one is allegedly able to accrue with their mining contracts, overall it isn’t too far-fetched.
Is there information regarding the owners of the site?
No information regarding creators, owners or operators can be found on the CryptoMining247 About Us or Contact page. In order to find any authenticating information we had to visit their Terms of Service page where a corporate entity known as Development Inc is supposedly operating this site. Allegedly headquartered out of British Columbia, numerous searches of “Development Inc” across Canadian business registers failed to generate any credible search results that such a corporation exists.
How old is the website?
Claiming to have been in operation since 2016, a whois.com domain report will reveal that CryptoMining247 was actually created on August 13th, 2017. Furthermore, it appears that the site was privately registered so we are unable to discover any identifiable information regarding the creators behind this operation.
Does the site have a physical address?
The only address provided at CryptoMining247 would be their support email address, support@cryptomining247.com, which can only be found on their Terms and Service page. The only other method of contacting the operators at this site would be by using their Support Form submission, found on the bottom right-hand side of their site.
| Were you SCAMMED online? Recover Your Money Now! |
| Crypto Betting Platform (CFDs) |
| Best International Crypto Exchange - Buy/Sell BTC & other Cryptocurrencies |
What is community feedback regarding the website?
CryptoMining247.com is a relatively new and unpopular cloud mining destination which has enabled this operation to stay under wraps. Currently there are only a few reviews regarding this operation where most of the verdicts concluded would be that CryptoMining247 is a Ponzi system.
How popular is the website?
CryptoMining247.com possessed a SimilarWeb global rank of 806,381 as of December 2017. Almost 85% if the visitors to the site reside within the United States and Canada. Other countries where this site is slightly popular are Spain, Turkey and Mexico. People are referred to CryptoMining247.com when they search Google and other search engines for keywords such as “crypto mining,” “criptomonedas png,” “bitcoin mining cloud” and “cloud mining verified sites.”
Complaints
On July 8, 2023, we received the following complaint from a person who reported being scammed for $850:
I signed up for Bitcoin and was instructed to transfer $300. Afterwards, I was redirected to the profitable bitcoining mining 247, where I was asked to transfer an additional $550. Later, I was informed that in order to withdraw the profit, I needed to pay a fee of $1750. I did all of this with the assistance of a woman on Instagram.
CryptoMining247 Review Conclusion
The evidence against CryptoMining247 should provide enough enlightenment to any cryptocurrency investor that this operation is one that cannot be trusted. Fabricating user testimonials so that you are more likely to sign up through their platform is downright pitiful and immoral. Do not waste your time, energy or bitcoins on the CryptoMining247 investment scheme, we can assure you nothing but loss and frustration will result.
Review Verdict: CryptoMining247 is a SCAM!
Blacklisted Site: CryptoMining247.com
The best way to effectively earn through cryptocurrency investing is by accumulating applicable knowledge and utilizing legitimate investment destinations. Take control of your Bitcoin earnings and learn how to apply valuable information from our Cryptocurrency Mining Guide!
Hi I’m a victim of ms kathyrine mitchell fx.she refer to me of Mr Ibrahim yusuf.she told me after 3 days I received my profit.but she always asking a money to send to ms ellaine suralta.the 1st transaction July 2 after so many payment until I send 5k for payment for widraw nd deposit.i lost 15,100 .I told her that I’m not rich .I can’t afford all the .all of that I borrow to my fren and I sell my daughter tab.in order to give to her . believe that after that I received but.she block me in messenger.but I send a message to the management I got her wattsapp.i contact her.she tell me dat she’s account are try to hack.pls help me to get back my money.im a poor person suffering of bankruptcy due to typoon.my family business only farming
My husband and I fell into this scam as well. We are out $8,500. We thought we could trust our friend who posted about this but her account was actually hacked. Stupid mistake! We are reporting this scam everywhere we can so no one else falls for it.