Hitmine.io mining. We urge beginners to delve into cryptocurrency wisely. Always read our reviews to find out the best firms to mine with. For instance bitcoin mining is a wonderful platform you can earn from. Moreover, 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.
What is Hitmine.io bitcoin mining review about?
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 disagreement between these offers. And the regulatiom for companies standards. Judging by the products and services they sell, we suspect it’s a scam.
However, Hitmine.io bitcoin mining is a promising mining without any maintenance fees. Although this might sound attractive. We want to remind you that it definitely sounds too good to be true. And in fact, it isn’t. There is no way a cloud mining provider can charge you nothing to use their mining facilities. And you end up generating profits from their platform. It is just sugarcoat. So stay away from them. Or you invest the little you can afford to lose.
Company regulations
Hitmine.io bitcoin mining is not a licensed cryptocurrency company. Moreover, it never claims to be one either. Which is quite worrisome. This means the company is completely okay with operating illegally. Accordingly, you should avoid this platform.
However, regulation means safety. That’s why traders and investors should always rely on licensed companies. The financial authorities worldwide implement tough 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 bitcoin mining.
Address and contacts
Hitmine.io cloud mining 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.
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 bitcoin mining. They are more likely to last and pay your profits daily. Therefore start investing profitably now with a professional mining rig. Read other reviews by us. And don’t forget to like and comment.
