Review Of Minex world: Is Minex World Scam or Legit?

FIRST AND FOREMOST LET US ASK OURSELVES WHAT IS CLOUD MINING?

We can define cloud mining as the method of mining cryptocurrency using a secluded data center with shared processing power. This kind of cloud mining allows users to mine cryptocurrencies without having to oversee the hardware.


The mining rigs are kept and monitored in a facility controlled by a mining company and all the customer has to do is register and buy mining contracts or percentages.

Nevertheless, since it is a service, it is only fair to expect some cost and this will lead to lesser returns for the miner.

The first time I came across the idea of cloud mining, it sounded quite appealing to me.

 What made it more exciting was the fact that just like cloud gaming, you don’t have to purchase the extraordinary hardware needed to perform the tiring task. This means that all mining activities happen remotely on the computer.

Nevertheless, we are yet to explore the possibilities of cloud mining, and truthfully, we were not specifically interested in doing that not until we discovered this recent cloud mining site.

But, coming your way today is the review of a crypto cloud mining site known as Minex.world. 

Minex World Scam or Legit

What is Minex.world?

It is simply a cloud mining program that promises to reward a high ROI (Return On Investment) on all investments made on the platform. Also, inviting new members gives you an opportunity to access their referral program which offers you more mining power. 

This is an expository article where we will show you all that this platform has to offer, and we will vet this platform against our “Legit or Scam” protocols to know if the platform is genuine or just another scam.

Compensation Plan For Minex.world 

 How much does Minex.world pay?

Having reviewed income platforms for some time now, we have been able to deduce the fact that Minex.world has one of the most incredible compensation scheme in the market.

Once you open the Minex.world page on your browser, you will see a calculator which can be used for calculating the average sum you can gather by investing your crypto on the platform.

We carried out a quick test for the sake of this review to find out how much Minex.world pays using Bitcoin as a deposit currency. Our choice of Bitcoin is due to the fact that it is the most common available crypto now and we decided to deposit 1 bitcoin.

We left the term at the minimum available option which is 240 days by default but surprisingly, we discovered upon scrolling down that in a space of 240 days, our 1 bitcoin will amount to 18 bitcoins.

On a second thought, 240 days is about seven whole months so the compensation is only but a fair deal.

Minex.world referral program

Presently, Minex.world is a one-page site and as a result of that, we have a restricted knowledge of how most of their programs work, referrals program publicized on the official website inclusive.

The only knowledge of the referral program we have is that for each referral, you get 50 Gh/s, and you’re also rewarded with 14% of replenishment.Gh/s simply means one billion hashes per second.

Do you know that the major reason why most persons use a cloud mining platform is to avoid complex mining terminologies? If you want users to 

understand what one quintillion hashes per second means, we suggest you allow them to get a mining server PC instead.

Mining.world Tariff Plans

Minex World Scam or Legit

It is safe to say that your earnings are directly proportional to the tariff plan you signed up for in Mining.world.

In this article, we will give you the complete list of all Mining.world tariff plans as seen on their website but we won’t be going into details because there is no update concerning the tariff plan on the website.

Below are eight various tariff plans on Minex world

1. Free Plan

2. Three of a kind

3. Straight

4. Flush

5. Full house

6. Four of a kind

7. Straight Flush

8. Royal flush

Is Minex.world Legit?

This is obviously the question everyone desires an answer to. Nevertheless, we won’t be giving a verdict, at least not now until we have vetted Minex.world via our normal test protocols.

1. Age

The platform is exactly 7 months and a day old which is not bad for this sort of a program. But, we consider it too young for the business model they apply. Since Minex.world  is 7 months and the contract lasts for seven months, this means that users who registered just after the launch just ended their contract. For us, this is a red flag for the website.

2. Testimonies

On the website, you will find a table of withdrawals and replenishment and this alone is discouraging becausec we expected to see a continously updated AJAX table using data that were lifted from their database in real-time but sadly, we discovered that they hardcoded generic names and slapped random amounts of various cryptocurrencies to them, naming it real-time updates.

This is also a red flag for us.

3. Management

We must sincerely admit that the creator of this platform wrote a poor motivational story instead of channeling that energy in giving us information about the founder or CEO.

Surprisingly, even the said story seen on opening the website has no author. Here is yet another red flag.

4. Physical Address

In case you love to check out Minex.world’s mining equipments, it is easy because they stated their physical address on the website. This for us is finally, a green flag!

VERDICT

Conclusively, as you can see from everything we have stated in thisc article, you will notice that the Minex.world idea is not appealing to us.

We have reached a conclusion that  Minex.world is yet another scheme that may not last therefore Investing in the platform is solely at your own risk and we are neither defaming nor endorsing this platform.

We can only advise that you invest what you can afford to lose.

Also, you can comment below if Minex.world Has done anything right or wrong to you for others to learn whether Minex.World is Legit or a Scam

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