Is DaoMine a Legit Cloud Mining Platform or Just Another Crypto Scam?

The cryptocurrency mining space continues to attract investors seeking passive income — and cloud mining platforms are rising to meet that demand. One of the latest is DaoMine, operating under multiple domains including DaoMine.com, DaoMine.net, DaoMine.org, DaoMine.io, DaoMine.capital, DaoMine.me, and DaoMine.xyz. The site claims to offer “DAO-powered” cloud mining with guaranteed profits, principal refunds, and automated daily payouts.

DaoMine claims to be a revolutionary, DAO-governed cloud mining platform that offers “transparent, fully decentralized” mining contracts with guaranteed profits and principal refunds. They also advertise 300,000+ active users and over $100 million in total mining payouts.

But does DaoMine hold up to scrutiny — or is this just another crypto scam hiding behind buzzwords like “DAO” and “decentralization”?

In this review, we evaluate:

• How DaoMine’s mining plans work
• Profitability vs. real ASIC metrics
• Their fake DAO claims
• Domain history and scam links
• And whether it’s safe to invest

What Is DaoMine?

DaoMine positions itself as a next-generation cloud mining platform governed by a Decentralized Autonomous Organization (DAO). According to its website, users can earn daily profits through automated mining contracts without needing to own physical hardware.

They claim that all platform decisions — from coin selection to profit distribution — are democratically governed through DAO voting. Users are promised:

• Daily payouts
• Principal refunds
• Zero hardware requirements
• A “trial” mining contract for new users
• Full transparency through DAO governance

But there’s a serious problem…

DAO Governance Is Not Used in Real-World Mining

While DAOs are valid in the crypto space — typically used for token-based voting systems — they have no real application when it comes to hardware-backed ASIC mining operations.

In real mining:

• Rewards are driven by hardware efficiency, electricity costs, mining difficulty and coin price — not community votes.
• There is no trace of any on-chain DAO token, NFT, or voting system behind DaoMine.
• The “DAO governance” is a buzzword used to distract users from the platform’s Ponzi-like structure.

DaoMine Mining Contracts: Too Good to Be True

DaoMine offers a series of mining plans ranging from 1 to 10 days, all with guaranteed fixed daily profits:

At first glance, these profits may seem attractive, but none of these plans are backed by real ASIC miners specs or pool metrics.

There’s no mention of:

• Mined Coin
• Hashrate allocation
• Electricity Cost / Service Fee

This makes the contract data entirely unverifiable.

No Real ASIC Infrastructure Backing These Plans

Unlike transparent platforms that list ASIC models like Antminer L7, KA3, or D9 — DaoMine does not associate any of its mining plans with real-world ASIC Miner. There are no:

• Facility photos
• ASIC miners
• Blockchain TXIDs to prove payouts

Despite claiming a hashrate of 16 EH/s, there is no evidence DaoMine operates or even rents such capacity.

Domain History and Scam Connections

While daomine.com was first registered in April 2021, evidence from Web.archive.org shows the domain remained parked under a domain escrow marketplace until July 2025, when it was finally activated.

Other domains in the DaoMine network — like daomine.org, daomine.net, daomine.io, daomine.capital and daomine.xyz — were only registered in early July 2025.

These recent registrations mirror a pattern used by known scam groups. And indeed, DaoMine is operated by the same people behind:

• LuckMine
• MiningToken
• MiningCoop
• Cryptosolo

Each of these projects followed a nearly identical formula: unrealistic returns, fake trial plans, and multi-domain setups designed to evade takedowns.

Red Flags That DaoMine Is a Scam

1. No Verified Mining Operations

There is no evidence that DaoMine owns or operates any actual mining hardware. The platform provides no mining farm images, hashrate metrics, or blockchain payout records — unlike transparent providers who show real-time mining payout with the blockchain transaction hash.

2. Fixed Daily Profits

All DaoMine contracts promise fixed returns (e.g. $7,360.00 return in 1 day), regardless of:

• Market volatility
• Coin prices
• Network difficulty
• Electricity rates

This is not how real mining works — only Ponzi schemes offer guaranteed profits disconnected from market dynamics.

3. Recycled Website Script

Daomine uses the same website structure, recycled scam frameworks and domain registrar with known scam sites like:

• HashFly.com
• MiningToken.com
• MiningCoop.com
• Hashvalue.com

This reuse of scam frameworks is a tactic used by same fraud rings to scale operations quickly.

4. No Team or Leadership Information

The platform does not disclose any executive names, company registration details, or contact persons. The listed UK address leads to a residential or virtual office space — with no known mining operations.

5. Unverifiable Payouts Proof

The homepage displays scrolling “payouts” to partially masked email addresses and withdrawal wallet addresses — such as:

• sa****57@hotmail.com – 79,722 USDT
• ro****75@icloud.com – 2.66 ETH

6. Fake DAO Governance With No Token

DaoMine claims to be DAO-governed, but:

• There is no native token or governance NFT
• No smart contract-based voting
• No wallet integration for governance participation or account funding

The DAO is pure marketing fiction — used to create a false sense of decentralization.

7. Operating Multiple Domains

DaoMine is hosted across seven different domain extensions, including .com, .org, .net, .xyz, and .capital — just like LuckMine and MiningToken.

This is a classic tactic used by scam networks to quickly relaunch after being reported as scam.

8. Unverifiable Payout Records

The homepage lists fake scrolling deposits like:

• sk****10@gmail.com — 45,642 USDT
• ri****27@gmail.com — 62,211 TRX
• oc****30@hotmail.com — 0.099 BTC

None of these transactions link to actual blockchain data — no TXIDs, no wallet explorers.

9. Self hosted App, Not on Play Store

DaoMine promotes a self-hosted APK mobile app that allows users to “track mining rewards in real-time.”

This is not available on Google Play and may expose users to:

• Phishing risks
• Seed phrase theft

Scam platforms frequently use sideload apps to harvest user data or impersonate wallets.

10. Unrealistic Growth Claims

DaoMine claims:

• 300,000+ users
• $100M+ in mining payouts
• 16 EH/s in hashrate

Yet the platform only launched in mid-July 2025, and none of these metrics can be externally verified.

11. Referral-Driven Growth

DaoMine pays up to 9% daily referral commissions — with no cap.

This model is built to attract marketers, not miners. It incentivizes shilling the platform to new users rather than earning through legitimate mining.

Final Verdict: Is DaoMine a Scam?

DaoMine pretends to be a revolutionary DAO-governed mining platform with guaranteed payouts, principal refunds, and next-gen decentralization.

But in reality:

• ❌ No real mining hardware
• ❌ No verified payouts
• ❌ No DAO governance or tokens
• ❌ No team transparency
• ❌ No third-party reviews

The platform uses recycled scam tactics, buzzword marketing, and unverifiable profit claims to attract inexperienced investors.

DaoMine is not a real mining company. It is a textbook Ponzi scheme — wrapped in a crypto-friendly skin.

What Is a Safer Alternative to DaoMine?

Daomine promotes itself as a “DAO-powered” cloud mining platform with guaranteed profits, principal refunds, and automated daily payouts.. It features flashy contract, referral incentives, and promises of instant mining without hardware setup.

However, the platform raises serious concerns: no verified mining infrastructure, no public leadership, inflated and unrealistic profit claims The use of a multiple domain and sideload-only app adds further suspicion — all key traits commonly seen in short-lived Ponzi-style scams.

That’s where VoskCoin stands apart.

DaoMine vs VoskCoin: Which Platform Can You Trust?

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