NanoMine review – is nanomine.io a scam or a good crypto mining service?

NanoMine review – is nanomine.io a scam or a good crypto mining service?

NanoMine Key Features

🔴 NanoMine provides access to shady crypto mining contracts  – a warning sign!

🔴 NanoMine is under no regulatory oversight – a red flag!

🔴 NanoMine lies about its whereabouts – a red flag!

🔴 NanoMine creates irrational expectations – a red flag!

NanoMine Products and Services

NanoMine provides access to cloud mining contracts – or so it would have you believe. That is not the case at all, with the company being simply another scam that relies on the low general knowledge of crypto assets and what is possible with them to defraud its victims. Take a look at the plans NanoMine has available on its website:

These are all incredibly unrealistic – there is no way that anyone can achieve return rates of ever .1% daily – this amounts to 3% monthly! And the higher the plan, the less believable the returns are! What’s also concerning is the high duration of the plans – they are over 2 years. Since NanoMine is running a scam, we think it possible the company will deny any withdrawal requests before that time is up – and since the scammers’ websites get shut down all the time, we think that NanoMine will not last the two years it claims it takes for you to get your profits!

Cryptos went to become extremely popular, and they come with tremendous profit potential, but the assets are pretty complex and a bit enigmatic for the vast majority of people. Bitcoin is still surging, and the entire crypto market is growing exponentially, but all investments carry significant risks, such as high unpredictable volatility and absence of regulation, for example. And we’d also like to emphasize the fraud risk- crypto scams are virtually everywhere. In fact, the latest trend among scammers is to create fraudulent websites offering fictitious crypto investments and mining services aimed to entice unsuspicious investors into scam settings. The fraudulent offers usually stick to the rule “sounds too good to be true”, the entity offering the services is totally anonymous, and there is no regulation whatsoever. So, based on the products and services offered alone, we can affirm that the entity under review is dangerous. You’d better avoid it.

That said, it’s worth considering trendy cryptocurrency alternatives that have already proven to be reliable. For example, many cryptocurrency exchanges like Coinbase and Bitstamp already provide passive income opportunities like BTC and ETH staking, other earning opportunities, affiliate programs, so on and so forth. Both mentioned are law-abiding financial firms that operate transparently, so you won’t be exposed to fraud risks if you trust them.

NanoMine Company and Regulation

NanoMine is not a licensed company. There is no other conclusion to be drawn when the firm is not licensed in any jurisdiction and does not mention its regulation once on its website!

So, the crypto service under review isn’t a typical firm, and as such, it’s not regulated. The absence of regulation implies that your investments will be at risk if you deposit. Moreover, you won’t have access to complaint procedures or money protection schemes, so if things go wrong, you’ll be the one to suffer the complete loss. Even more so, the digital coin transactions are anonymous, so if you get scammed by a shady crypto provider, you can’t get your money back.

Indeed, cryptocurrency regulation has been a hot topic for a long time. The digital coins themselves are not issued or governed by central banks, but too many countries already have plans to introduce centralized cryptocurrencies. Still, Bitcoin is a peer-to-peer payment system that’s considered too risky for many. However, many crypto firms are now operating with financial licenses; they are transparent, and their clients can benefit from certain customer protection measures if things go wrong. And that doesn’t apply to the entity under review, which is an anonymous and most probably totally illegal enterprise that can switch off its servers, pocket clients’ money and get away with the crime.

NanoMine Address and Contacts

Address:23 New Drum Street London, England E1 7AY; Palliparambil House Kumbalangy, Ernakulam Kerala, India, 682007
Phone number:+140 5857 1325
E-mail:[email protected]; [email protected]

NanoMine provides us with a wealth of contact information. Yet, the addresses of the company must be fake – it is not licensed to deal in the UK or India, as we explained above. This is common with these kind of scammers – they pretend to operate from somewhere to conceal their true identity and prevent possible legal action against themselves! Watch out for such firms – they are always scams.

Considering investment opportunities, transparency is always crucial. As for cryptos, you already know that Bitcoin is a peer-to-peer payment system, which is designed to protect the privacy and to provide security. However, that doesn’t mean that the crypto providers should also be anonymous. After all, these people will handle your money, so you should at least know who they are and where they operate from. In fact, we need to note that some trustworthy exchanges don’t reveal such information on their websites, but it’s still easy to verify that businesses are legal, law-abiding companies; therefore, it’s always a worrying sign if the crypto provider isn’t transparent.

NanoMine.io Website Info

SimilarWeb RankingNone at the time of writing
IP165.232.112.22
Server Country USA
WHOIS Reg. Date2022-01-15
RegistrarNAMECHEAP INC
SSL certificateValid
OwnerRedacted for Privacy
AdministratorRedacted for Privacy

Is NanoMine Safe?

NanoMine is not safe – and there is nothing about the company that is compelling for anyone to invest in it. Avoid firms like NanoMine that have such shady investment plans availabe – avoid getting scammed!

Scam Warning

Scammers are always riding the trends, so it’s not at the least surprising that cryptocurrency fraud is now blooming. Even more so, the high-tech nature of Bitcoin actually facilitates scams as most people don’t really know how crypto works, so scammers take advantage of the lack of understanding. Indeed, the crypto scam has been here for a while, and it proved to be extremely dangerous- just recall OneCoin, which happened to be a multi-billion Ponzi scheme disguised as a revolutionary digital currency. However, scammers rarely go out of their comfort zone, so most crypto scams happen to be very similar to the typical investment fraud.

The fraudulent crypto schemes are also anonymous and illegal, while scammers introduce themselves with fake identities. There are also too many impersonators resembling the websites of valid start-up companies from where customers get redirected to other insecure fishy payment portals that may as well carry additional security risks. The cons yet again promise the moon and the stars to their victims but won’t deliver a thing in the end. However, the difference between crypto and the rest of the investment scams is that people are more likely to believe that they can become rich overnight as Bitcoin has already proved to have massive profit potential. In any case, you should be very cautious when it comes to crypto, as the markets are plagued by scammers ready to take advantage of you.

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