Is Smart mining legit?
That’s the question I’ve been getting, and I’ve taken time to look at the platform. I have something to say based on my experience, and you should read it.
Smart mining is in the cloud mining industry, just like many other cloud mining platforms such as Fancy Crypto and Bimining. It claims to offer cloud mining services and states that they have set up a mining farm, which eliminates the need for individuals to buy and set up expensive mining equipment.
When you sign up, you’ll be sent a verification code to your email. Upon verification, you can log into the website, where you will find different tabs.
The “Deposit” tab allows you to deposit with BTC, USDT (both TRC20 and BEP20), ETH, Doge, and many more.
Other tabs there are “Contact”, “My Account” and “Referral”.
I navigated to the “Start Mining” tab, and there I saw the option to “Buy Plan,” which I clicked on.
There, you will find different plans. The beginner plan is named “EXPERIENCE” which has a $12 investment fee. This mining plan gives $0.64 worth of BTC daily which is too good to be true.
You’ll find 7 more mining plans with quite juice returns.
Is Smart Mining Legit?
Smart Mining is definitely not a legit mining platform and the signs are clear.
The promised return on investment is not just feasible. Cloud mining comes with its own risk, keeping to the moderate or profitable returns to investors isn’t guaranteed depending on how the crypto market goes.
You can see this in the screenshot from Smart mining below:
Another observation is, the website looks exactly like Kiko mining sites which shows the same people might be the ones running the 2 websites.
No way to verify the people behind the platform which is not always hidden for legit platforms across the internet.
Do yourself a favor and stay away from this scam website.