Hitmine.io bitcoin mining review.
We urge beginners to delve into cryptocurrency wisely. Always read our reviews to find out the best firms to mine with. Many firms hold themselves out to be legit, but they’re not. We are here to always guide you and entertain your questions. Read this review for good insights on the best profitable mining sites.
Introduction and background review:
Hitmine.io cloud mining is a cloud mining firm that was founded in 2018. However, they claim to offer good returns on investment. And also free mining when you register. Hitmine.io mining is another crypto mining scam regardless.
It claims that it can mine bitcoin much faster than its competitors. But this is obviously false. For all its grandiose promises untold returns on investment. The only guarantee with Hitmine.io cloud mining is that it will pocket your money and elude you.
People should always be cautious when dealing with businesses offering enormously high yield. This is because it’s scammers trait. To promise huge and create unrealistic expectations.
In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. Therefore, its huge discrepancy between these offers and the regulated companies standards.
Judging by the products and services they sell, we suspect it’s a scam. However, Hitmine.io bitcoin mining is promising mining without any maintenance fees. And although this must be attractive. We want to remind you that when it sounds too good to be true, it probably isn’t.
There is no way a cloud mining provider can charge you nothing to use their mining facilities for generating bitcoin. It is just common logic. So stay away from them or invest the little you can afford to lose.
Hitmine.io cloud mining company regulations
Hitmine.io is not a licensed company – it never claims to be one either, which is quite worrisome. This means the company is completely okay with operating illegally.
Regulation means safety. That’s why traders and investors should always rely on licensed companies. The financial authorities worldwide implement rigorous measures to secure fair and ethical business behaviour and prevent fraudulent activities. The most comprehensive regulation is the capital adequacy requirement. Which guarantees that companies have enough funds at their disposal to survive in turbulent times. To get a license, a company have to provide a certain amount in paid-up capital. For instance 730 000 EUR in EU/UK; 1 million AUD in Australia; 20 million in the local currency in the USA, Canada and Switzerland etc. There are very few jurisdictions worldwide having no capital requirements, and not surprisingly, they are bustling with scammers.
Is Hitmine.io legit?
Asking if Hitmine.io is legit can help investors with best information. However, checking the platform, we noticed that Hitmine.io is not legit nor reliable. The reason is that it has no proof of durable income. Moreover, checking the plans offered and the profit, you might be tempted to invest. But if you consider their sincerity, you will understand that Hitmine.io is not legit. For instance they have fake claims on profits making. Like we said this platform is not legit. However, if you wish to start investing with a reliable platform go for Aiprofit.us
Hitmine.io address and contacts
Hitmine.io provides us with the following address: A428 Northampton NN6 7GW UK. It is fake, of course – the company is not licensed to deal in the UK, so how can it have an office there?
Transparency is crucial when talking about brokers and investment companies. And it’s part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules. Therefore, it’s generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves. Thereby, making it easy for traders and investors to confirm them. Read viabtc Review
Hitmine.io Review conclusion
Finally we will conclude our Hitmine.io review by telling you to stay away from them. The Hitmine.io mining platform is not legit and reliable, thus it might look like they are good but they are not. If you want to start mining bitcoin with reliable firm, go for Aiprofit.us. They are more likely to last and pay your profits daily. Therefore start investing profitably now with professional mining rig.
