No one likes to lose money, so I’ve been hard at work analyzing websites that claim to offer investment services.
The site I’m going to review next is Mining-Forever.com. If you need an honest Mining-Forever review, you have just come to the right place.
When you are just starting out to invest online, there’s a good chance that you’ll be making several mistakes. And that is why you need to be guided so you don’t make any mistakes.
There are a lot of scam websites out there. Some look so legit that it is difficult to tell if they are a scam by merely navigating the websites.
My review is created manually using different data points and my personal experience on the site.
Without wasting much of your time, let’s dive in.
Company name: Mining-Forever
legal Name: MINING FOREVER LIMITED
Registration Status: Active
Registration number: #13193687
Address: 80 Cannon Street, London, England, EC4N 6HL
Incorporated date: 10 February 2021
I could not find any information about who owns or runs Mining-Forever Ltd on their website.
When I checked the information about the domain (Mining-Forever.com), I found the domain was first registered in June 2020 and that it will expire in June 2022, which is less than 2 years from the day this article was published.
As always, if a company’s domain has a short life span and the people who own or run it are not openly known, think long and hard about joining and/or handing over any money.
Mining-Forever does not have any retail products. They claim the company makes profits by mining Bitcoin. This claim has since been proved wrong since there is no evidence that the company is actually mining Bitcoin. Bitcoin mining is a transparent business in the sense that it is easy to check miners on the blockchain and see the blocks and coins they have mined.
I tried to check Mining-Forever on Bitcoin l blockchain explorers and could not find any information about them. A company that controls over a billion-dollar investment as Mining-Forever claims should be among the top known crypto miners in the world, but the reverse is the case here.
Mining-Forever’s Investment Plans
In general, investors are presented with up to 5 mining plans (a typical Ponzi structure) with a gradation according to the amount of investment, on which the percentage of profitability ranges from 500 Gh/s to 200,000 Gh/s. The minimum deposit amount is 0.0005 BTC and the maximum is 21.15 BTC. The term of the investment is 3 months.
Mining-Forever’s Compensation Plan
Mining-Forever offers a 4-level referral program, 3% for the first level and 5% for the second level, 7% for the third level, and 10% for the fourth level of referral purchase power.
Mining-Forever’s investment platform can be joined by visiting their website and creating an account with them. The minimum deposit is 0.0005 BTC
Is Mining-Forever Legit or Scam?
Mining-Forever has been proven to be a scam, a typical Ponzi scheme that is currently not paying.
Should you go by Mining-Forever Trustpilot Review?
When I searched this website online, I found that they have a lot of positive reviews on Trustpilot. While these reviews could suggest that Mining-Forever is legit, I dug deeper and found that those reviews could be fake and that the only few negative reviews they had are actually the true reviews from users whom they might have scammed. If a website is buying fake reviews to influence their Trustpilot score, it is not always had to spot. If you dig deeper, you must find one or two reviews from those that they might have scammed, and those are just the only true reviews you can count on.
From the few negative reviews, I gathered from Trustpilot which obviously are the only legitimate review we can count on, Mining-Forever is a scam and it is currently not paying.