Begin Miner Review: Yet Another Funny Scam
Last Updated: Dec Legal, 2018 @ Two:58 pm
Estimated reading time: 6 minutes
Startminer.com is one of those popular sites with hundreds of visitors each day. Te fact, when wij look at its popularity, wij see that the webpagina has a global rank of Ten,893 on Alexa. Most of the visitors who come to this webpagina are from India.
So, how is this relevant to your quest to find out whether Commence Miner is genuine or not?
Wij’d react to this question by stating that our reviews are mostly targeting popular sites on the internet. If the webpagina has a good reputation and is paying its users, it will undoubtedly get our nod. If it doesn’t pay its users spil a result of being involved ter fraudulent activities, wij will mention the same to you te our reviews.
Ter this case, Commence Miner is fairly popular, meaning that it attracts a meaty number of audience out there. If it’s a scam, you can imagine the number of people who lose money te their palms. It’s sickening.
Evidently, the truth is not something that is so far away from what wij have always suspected. Wij’ve always suspected that StartMiner is a scam. Wij’ve always suspected that this is a ponzi scheme just like Micro BTC and the surplus.
Then it turns out that Embark Miner is just an illegal company, a good contender with enough qualifications to be called a scam. For that reason, wij are sending it straight away into our scam category of Cryptocurrency mining websites.
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Note: If your language is not English, you should use the language dropdown spijskaart at the top right mitt side of their pagina to select your language.
So, why are wij telling that you will lose your money to Begin Miner if you dare send it there? Perhaps the following explanation will help you get an response.
There are many issues with this webstek. Very first, something is wrong with their business registration number. Their existence, history of operation, the possessor, testimonials and all those things are proving to be a major problem here.
When wij analyze Embark Miner ter details, wij see that it is following a pattern that scams te this category love to go after.
To reinforce the fact that this is a scam, wij find several complaints about Commence Miner webstek on the internet. Disgruntled users are obviously not pleased with this spel.
Let’s get into details.
About Embark Miner
It claims that it’s a UK-registered Bitcoin mining pool with a duo of physical locations ter the world.
However, the webpagina does not expose the details of the proprietor, and neither can you find thesis details ter Who.is. The possessor is clearly too careful not to disclose who they are for fear of reprimand.
Secondly, their voeling address is just a generic address which is collective by hundreds of other similar scams te this network. That address is not genuine since it wasgoed rented from companies that provide virtual addresses on the internet.
Their UK companies house number is also very worrying. Very first off, anyone can register their company here even without providing the the details of the possessor or their physical address. Once you pay a petite toverfee, your company’s details will be live on the internet. People can then trust you because you are registered with a Ltd status.
Remarkably, Begin Miner is not the only company using the same address and registration number. Other companies like Bitminer.eu are also sharing the same physical address and even registration number with Startminer.
The registration documents which this webstek is using tells us that Commence Miner is registered with the no 09951039. But that is also the same number used by Bitminer to conduct their fraudulent operations on the web.
This could mean that thesis two companies are wielded by one person. If not, then wij can say that this is blatant copying with disregard to the fact that some users will research a company before investing ter it. This is a big crimson flag which wij cannot disregard no matter what.
What is more, this webstek tells us that they have physical mining locations ter the world. That’s a funny statement because there is no evidence that a single mining location exists ter the name of this company.
How can wij believe that Commence Miner has mining equipments when there isn’t a grain of evidence that this is the case? Perhaps pictures would do if they were too lazy to discuss their mining facilities. But guess what, the scammers just overlooked this topic.
For any legit company working on the internet, this information is very crucial. If a webstek can’t provide it, then it is most likely a scam. No doubt about this.
So, what do they suggest?
Well, this webstek offers plans labeled startMiner v1.0, v1.1, v1.Two, v1.Three and v1.Four.
They rechtsvordering that the very first project is free to get embarked with. It supposedly generates 0.0000002 BTC vanaf minute. This translates to 0.0002 BTC of profit vanaf day.
When you update to the 4th project, you will receive 0.35 of Bitcoin each day.
Ter addition to this, the webpagina claims that if you give them Five Bitcoins, they will make you 1 bitcoin every day. That is a very funny statement. If this wasgoed real, wij would all be rich by now. Unluckily, it isn’t real. Anyone who falls for such trickery often loses their money.
Their business proefje is also skewed te their favor. The Four plans wij just mentioned above are meant to favor their business spil they will be collecting more money each day.
The truth is, Commence Miner will keep mining and paying puny profits for you. This can toebijten until they are no longer profitable te making payouts. At that point, they’ll simply close down and run away with your money.
Spil a matter of fact, there are many claims floating around on the internet from people who got scammed this way. The company simply paid them once or twice and then stopped paying afterwards.
That is not an isolated case however spil most scams te this category work like that. When you expect a profit, you become disappointed because the ponzi scheme can’t afford to make daily payments spil advertised on the webpagina.
You might be wondering why you’re eyeing a list of Bitcoin addresses where funds were recently sent to. Don’t be fooled tho’. This list can’t be verified spil it’s unlikely to know whether the recipients of those coins everzwijn received their Bitcoins.
Furthermore, coming up with such a fake list is the easiest thing to do te this industry. Just create a webstek one afternoon, then create a pagina, then copy-paste what you see from other challenging sites. You will end up with a nice list which can actually woo that you are paying people when they trust you with their Bitcoin.
The truth is that there is no evidence that this webpagina pays. But there is slew of evidence that Commence Miner is a ditzy scam.
Our best advice for you
Embark Miner is one of those pathetic sites whose mission is to rip off and vanish. Wij have never come across any positive testimonials about them except fake ones.
Wij are afraid that people will proceed to lose money here if they don’t take our advice earnestly. Please don’t use any webpagina that is outside this list spil you stand a chance of losing your investments.