Block-miner review: A Crypto Investment Scam

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Block-miner will easily fool investors unless you have a keen eye for spotting scams. And that’s exactly what we have, an eye for exposing rogue crypto investment platforms. Block Miner is no different, even if they have just about the perfect crypto-sounding name. We have concrete proof Block-miner.io is an outrageous crypto investment scam. During our investigation, we unearthed damning evidence that exposes BlockMiner. Investors need to know the whole truth. Learn more in this clear and eye-opening BLOCK-MINER Review.

Block-miner Review

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A Brief Overview of Block-miner

There’s no denying that this platform has an engaging design. The interface is exciting and looks professional. Navigating through the website is easy, and information is there to see. These are the features that drive most investors into signing up.

What most don’t know is the hidden secrets the platform holds. Investors will use their impulses to sign up without conducting due diligence.

This is where our investigative team comes in. We make sure we look at every detail and cross all the T’s. Most of the scams are a dead giveaway as they offer insane profit margins. Despite having an impressive website, Block-miner is a dead giveaway.

No expert or robot can guarantee daily profit margins exceeding 100 percent. This is one of the red flags we noticed after landing on their homepage.

Account registration

The platform offers a free registration process which is weird. You would expect a platform claiming to have a revolutionary profit margin to charge account opening. Normal banks and other legit investing options charge to open an account. The reason Block-miner.io fails to do so is gaining trust from all investors.

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Those who don’t have a clue about investing and have money can deposit. After all, the platform claims to work on your behalf and double your premium.

Another red flag to note is the verification process when attempting to withdraw for the first time. The platform requires members to send bank statements, copy of their IDs, and credit card details.

We know for a fact that they are simply harvesting banking information from members. This is the reason why some members will find charges on their credit cards. Fraudsters will charge your credit card for online purchases. You will even find your bank account has been swept clean.

Affiliate program

There are four affiliate plans available for the taking. These plans come in levels of 6, 4, 2, and 1 percent. For every person you refer, you get 6 percent of their deposit. The levels ensure that even referred persons can attract other investors.

Before becoming their lead affiliate member, note that authorities will be on your tail. More and more victims are laying blame on affiliate members. The law will see you as an accomplice to online fraud.

Block-miner License and Registration

Block-miner is not a valid crypto investment entity and should not be treated as one. Regulators easily thwart all their efforts to taint their platform as legit. We checked with the Financial Conduct Authority for their license. The FCA doesn’t have any platform licensed with the above details.

None of the regulators in Europe, including ASIC, have this platform as licensed. It means members are joining an illicit crypto investment platform.

Block-miner.io License and Registration Status

The downside of having such a platform is a lack of compliance. Members are left at the mercy of these unscrupulous online investment platforms. You won’t get to enjoy protection from regulators. The terms and conditions are harsh to members.

All liability falls to the member as the owners can shut down accounts at any time. It’s why the platform refuses to apply for a valid license from authorities.

We have seen scathing comments from members on various social media platforms. Crypto investment forums also have varying accounts of member experience. All the members seem to share the same story.

They were sweet-talked into depositing funds and waited for days to withdraw. It’s now well over two months since they first sent their withdrawal request. No word from support regarding the slow withdrawal process.

Custodian of the business

They claim Blockchain Miners Ltd owns the platform. We did a quick check with the Company House UK to confirm. It turns out that the above company was dissolved on 30 March 2021. These scam artists are using a non-existing entity to entice users.

We now know that anonymous persons operate the platform. There’s no mention of the website holder or any expert working for the platform.

Domain background (block-miner.io review)

On their homepage, they claim to be running for 1576 days. Scam artists will do or say anything to gain a solid online reputation. Their domain record tells a different story as the site went live on July 28, 2020.

As we publish this post, their website is 275 days old and counting. The IP location is also synonymous with other crypto scams. We believe the people behind this platform engage in other crypto investment scams.

Features of Block-miner

Accounts and plans

There are three investment plans available on the platform. These plans include Lite, Expert, and VIP. The profit percentage is what makes this platform a complete hoax. These plans come with 115, 130, and 150 percent ROI, respectively.

Block-miner Accounts and Plans

To withdraw, members have to wait for 48 and 72 hours. The VIP account holder should wait for seven days to withdraw. Judging from the experience, no one gets to withdraw funds.

Contact and support

It seems the chat tab takes too long to respond. None of the emails we sent have yielded any positive response. We were asked to stay away from the platform if we were not planning to invest. It seems the people behind the platform don’t have any humanity on them.

The support page has a Whatsapp number which is not valid. You can easily get kicked out of the group for sending a withdrawal question.

Payment options

There’s a deposit and withdrawal table at the footer of their homepage. These are just random numbers with random names next to them. None of these people have proof of withdrawing funds.

As we said earlier, scam artists will do or say anything to make the platform appear legit.

Safety of funds with Block-miner

You should expect a harsh withdrawal process or none at all. Safety of funds is not a guarantee with this platform. With members having a hard time withdrawing, we suggest you use proper channels recommended by experts.

Scam or Legit Block-miner

All evidence points to Block-miner being a scam. From their false documents to harsh conditions, we are against the platform. Several complaints are with authorities, and we hope they shut down the website.

Blockminer Deposit and Withdrawal

The culprits involved should be behind bars and pay back their victims. It’s the only justice members deserve.

Final thoughts

With all the evidence out in the open, we will add this platform to our blacklist.

The best and safest way to earn with crypto is by joining a trusted crypto mining company. Join one of the most recommended crypto mining companies for fresh and realistic crypto investing opportunity.

We wish you all the best in your investment journey.

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