Going through the Miner Server site, the first impression that you would get is that this is one site that knows what they are talking about as far as mining, cloudmining is concerned. I am sure that there are many that would be fooled into investing on this site for reasons that we would examine in this review.
Miner-server.com is a supposed mining site that sells cloudmining contracts to its users. The site is set up in a way that everything that should be seen on a mining site was exhibited to the point that it takes a painstaking overview to discover the shortcoming of this scam cloudmining scheme.
The site features description of mining power available for renting unlike many scam sites. This is why it is particularly essential that carefulness be employed while buying any bitcoin mining contract.
Miner-server.com has four mining plans with the least featuring 250GH/S. The other hashing power available are 31,000GH/S, 240,000 GH/S and 600,000 GH/S.
The platform claims that buyers of the one year contracts could earn fixed daily BTC as shown in the uploaded image.
What is clear however is that this is not just rash but a deliberate attempt to defraud people because everyone conversant with the mining industry knows that there are no guarantees of returns especially in a bear market such as experienced presently.
A Fake Mining Farm
One of the proofs that a company is actually involved in mining is exhibition of its mining farm. Scam cloudmining companies are known to sometimes use fake images or even photos pulled from the internet to create the impression that they are active miners.
What miner-server.com did is put a link it called “Live Farm” but clicking on this link takes you back to the home page which is an indication that they have no farm but want to deceive people that they do.
It is also a possibility that they had earlier uploaded a farm picture they could not prove is theirs and was challenged by users prompting it to be pulled down.
In any case, it is clear that this is not a reliable site that you should entrust your funds to for 12 months. Scam sites such as this are actually involved in Ponzi schemes especially if they made initial payments to some early investors.
A Plagiarized Content
According to the FAQ, the site stated that,
“Our company is a Canadian registered company; our founders are a diverse group of Mining Experts, Engineers, Entrepreneurs and Investors. We provide the easiest and most purchase effective option for individuals to start their crypto-currency mining journey. Our solution is easy to understand, safe investment, user friendly interface and offers a great ROI. This is the currency of the future and our job is to make it accessible to ever.”
At Cryptoinfowatch, we have a concept of understanding that scammers always make a slip somewhere and this description is one of such slips.
A plagiarism search showed that this was copied from Apex Cryptomine, a Canadian mining company. Apex Cryptomine was founded in 2013 but a search for the company shows that it is no longer in business. However, its copy was found useful by Miner-Server.com and came in handy for their About Us description.
Who is Behind this Project?
As expected from a scam cloudmining site, the owners were not listed anywhere. Rather, the site posted a phone number which interestingly belongs to the British Standards Institute (BSI).
Although with the evidence stacked against this scam we were tempted not to cross-check the listed physical address but did so for the avoidance of doubt.
A check on the 14-18 Heddon street Mayfair,London,UK shows that it is the operational office of Cargo Force Limited and has no connection to any mining company.
A Whois check on the domain showed that it was registered on April 8, 2018 but the site claims that the company has been in operation since 2015. These contradictions are the hallmark of a scam mining project which indeed is not involved in mining.
One characteristic of scam miners is that they seek various avenues to steal from those that were uninformed heedless and invested with them. A user complained on a platform that their account was suspended. The reply from the presumed scammer was:
“Your account has been temporarily disabled for not paying the server maintenance fee.
To fix the temporary account obstruction
You must pay 0.025 btc for 1 servers and notify support.”
Scammers sometimes give prompt people who bought contract to make additional payments before they could make withdrawals. There are no assurances that sending more money to crooks would solve your problem. This is why it is advisable to always avoid scams by conducting due diligence before parting with your money.
Please read this review from Trustpilot:
“Warning! Initially I bought a 250 GH / s (hashing power) and made a first withdrawal of 0.001 bitcoin and everything ok. But then I bought a 31000 GH / s (hashing power) and tried to make a withdrawal of 0.02 bitcoins. Nobody returned me money! The request is pending from 2018-07-05! I wrote several requests to return the money, but no one answers !!! It could be a scam!”
Miner Server is a typical cloudmining scam that has recently made investors wary of most crypto investments. Scam sites are now difficult to curb because the internet has made this type of criminals hard to track. You’ll do well to cross-check before you invest.
Please share your experience with this site in the comment box below. If you need a good investment site, check our recommendation.