Welcome to our Blockmine Review. We have received several emails from our readers asking whether the viral blockmine.org.uk Limited is a scam or a legit revshare mining company. We decided to dig and research this company. You will be able to find our conclusion at the bottom of this review.
Let’s get started!
Official Website: https://www.blockmine.org.uk/
Blockmine.org.uk Limited located at Suite B, 29, Harley Street, London, England, W1G 9QR is claiming to be a bitcoin mining company. The website claims that they were founded in January 2011. Take note of the foundation date because we will get back to that later.
They claim to have millions of users around the world investing in their company.
They offer two different types of payments.
1 – Mining Weekly Payment up to 150% ROI. It means if you give them $50, you will get $75
2- Adpack revenue share payments up to 150% ROI. It means if you give them $50, you will get $75 back.
This sounds amazing, right? But don’t get too excited just yet. You need to first understand where this money comes from. The website has made several false claims which completely changes how you will view this HYIP.
Please know that they have not attempted to offer any proof of their supposed bitcoin mining operation. The address they provided is NOT a bitcoin mining establishment. In fact, we are pretty sure they don’t mine BTC at all.
Their company is structured like that of a Ponzi scheme. Your payments come from the investors who join after you. The money DOES NOT come from mining BTC. This is their first big fat lie.
How Does Blockmine Scam Operate
They offer a very nice affiliate program for scam blogs such as the “HYIP Monitors” that are always sending people to get scammed on a daily basis.
Blockmine is simply paying you a small percentage daily from your deposited money to trust them and put in more money. It will take you at least a month to get your principle money back.
During this time, if you did not put any money additional money, they will know that you have no interest in putting new money in, so they will stop paying immediately. That’s how 99% of the online financial schemes works.
Is Blockmine A Scam?
After doing some research, we found evidence that blockmine.org.uk is definitely using some false advertising to attract users. However, by doing this they were able to grow their membership database and pay thousands of people. Up until now, they are still paying. We have decided to join Blockmine Rev Share program and will monitor it. Please check back often with our Blockmine Review to see if they are still paying.
First, they claim to be founded in 2011 that you can see in the about us section on their website. If you look at their company registration date, you will see that they registered their company on 22 July 2016. That’s the first sign of their intention of scamming people.
They also have fabricated their registration certificate which includes the UK company house on it. That’s alone could make them face a legal charge which will most likely happen anytime soon.
Besides that, they have hired some actors from fiverr.com for $5 claiming to be “members” of the company giving their positive testimonials to make people believe their lies.
How To Start Using BlockMine In 4 Simple Steps
Buy following the steps below, you can earn 150% on each ad pack you purchase. Each ad pack costs $50 which means that you will earn $25 on EACH ad pack.
- Open your account HERE
- Purchase the number of Ad Packs you can afford. You will select “Buy New Ad Pack” on the left side of the screen.
- Make sure to SURF your daily ads in order to earn your profit. You will select WATCH ADS button at the top of your screen. Watch 8 ads each 24 hour period.
- Wait for your ad pack to expire, and you will see your profit which you then need to withdraw.
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Blockmine is a Ponzi Scheme, however, they have been paying for over a year now and have thousands of members who are making withdrawals and earning quite a bit of money.
In the meantime, please take all precaution when investing online. It is possible to make money but you must navigate all the scams first. When in doubt, please send us a message for advice!
And remember… if something sounds too good to be true, it probably is! Stay sare online and as always…