The idea of cloud mining was quite appealing to me when I first heard about it.
Just imagine, like cloud gaming, you don’t need to buy the extraordinary hardware required to do the exhausting task. Every mining activity takes place remotely on the computers in the cloud.
However, I have not explored the possibilities of cloud mining, and I wasn’t particularly interested in doing that until I found this new cloud mining site.
Today, I’m bringing you a review of the crypto cloud mining site: Minex.world.
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What is Minex.world | Minex.world Review
Minex.world is a cloud mining platform that promises a ridiculously high return on investment for all investments on the platform. It also offers a referral program that offers you more mining power when you invite new members.
In this Minex review, I’ll show you the full offerings of this platform. Also, Minex.world will be vetted against our “Legit or Scam” protocols, to conclude if the platform is legit, or just another cheap scam.
Minex.world Compensation Plan
How much does Minex.world pay?
I’ve been reviewing income programs for quite some time now, and I can assure you that Minex.world has one of the most unbelievable compensation plans on the market.
On opening the Minex.world page on any browser, you’ll find a calculator that allows you to calculate the average amount you’ll accumulate by investing your crypto with the platform.
For purposes of this review, I ran a quick test to see how much Minex.world pays.
I chose Bitcoin as the deposit currency, obviously because it’s the most common crypto available right now. I also reduced the deposit amount from 100 bitcoins to 1 bitcoin, because, who’ll invest 100 bitcoins on Minex.world anyways.
I left the term to the default 240 days, which I presume is the minimum option available.
On scrolling down to see the results, I was left in great shock. Our 1 bitcoin investment will yield 18 bitcoins in a space of 240 days?
However, when I re-reviewed it, and discovered that 240 days is around a whole seven months. So, that makes their compensation kind of fair.
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Minex.world referral program
Minex.world is currently a one-page site, so we have limited knowledge of how most of their programs work, including the referrals program advertised on the official website.
Currently, the only known advantage of the referral program is that you get 50 Gh/s for each referral, and you’re also awarded 14% of replenishment.
If you care to know what Gh/s means, it simply means one billion hashes per second. And as for the 14% replenishment, who cares about that.
Most people use a cloud mining platform to avoid large and complex mining terminologies. When you want users to understand what one quintillion hashes per second mean, why didn’t you let them just get a mining server PC instead?
Mining.world Tariff Plans
Yes, Mining.world works on tariff plans, and your earnings are directly proportional to the tariff plan you signed up for.
While I’ll be providing the full list of all Mining.world tariff plans as listed on their official website, bear in mind that I’ll not be going over any details.
This isn’t any of my faults, Mining.world was too lazy to update their website with valuable information about their tariff plans, so, we have to bear with them.
There are eight different tariff plans on Minex world, all listed below.
- Free Plan
- Three of a kind
- Straight
- Flush
- Full house
- Four of a kind
- Straight Flush
- Royal flush
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Is Minex.world Legit?
Obviously, this is the question that everyone wants an answer to. However, as is the tradition with this website, I will not be giving a verdict until I’ve vetted Minex.world using the regular test protocols.
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Age
Minex.world is exactly seven months and a day old. While that is not too young for such a program, I’ll consider it too young for Minex world’s exact business model.
Your contract runs for seven months, which means users that registered with Minex.world immediately after launch just concluded their contract.
This is kind of a red flag for the website.
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Testimonies
Minex world keeps a table of withdrawals and replenishment on their website, and it is by far one of the most dubious things about them.
While I expected to see an AJAX table constantly updated in real-time using data pulled from their database, it is sad to discover that Minex.world only hardcoded generic names and slapped random amounts of different cryptocurrencies to them, calling it real-time updates.
That’s another red flag, and totally bad for the company.
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Management
With a poor try at a motivational story written by the creator of the platform, the last thing you’d expect is the absence of more information about the CEO, or founder.
I scoured through the website, trying to find one, but I found none. What surprised me was that the distracting story seen when one opens the website has no author.
This is another red flag.
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Physical Address
Will you like to go check out Minex.world’s impressive mining equipment?
Well, it’s easy, since they have a physical address listed on their website. After losing out on all of our testing criteria, Minex.world decided to surprise this way.
Well, and finally, that’s a green flag.
Conclusion | Is Minex world Legit
Reading through this Minex.world review, you’ll notice a unique strangeness in the tone. Every single word almost spells out the fact that the Minex.world idea isn’t at all appealing.
Therefore, The Tech Ninjas rates Minex.world as a pyramid scheme that isn’t built to last. Investing in the platform is solely at your own risk and The Tech Ninjas is neither defaming nor endorsing them.
However, if we can give you only one piece of advice, it will be: “only invest what you can afford to lose.”
Have you ever been paid or defrauded by Minex world?
Let us know in the comments.
