Detailed Review of ltcminer.com: Is it Legit or a Scam?
Aside from Bitcoin mining sites that are centrally built around Bitcoin, there are several other sites built around other Cryptocurrencies. And just so that you know, we are going to be reviewing one of those sites today. Practically, it looks like the cryptocurrency we are going to be centered on today is Litecoin (LTC).
Itcminer.com has positioned itself as an automatic cloud mining platform with a strong presence built around Litecoin. The successes of sites like Itcminer.com are primarily a function of their attempts to beat the critics and get fair answers to the inevitable question: “Is this site Legit or a Scam?”
This article attempts to answer this question for Itcminer.com. Hopefully, our quest for answers will be rewarded with useful findings. I believe you can’t wait to explore what lies ahead, so let’s jump in right away.
About Itcminer.com
The website domain was created almost a decade ago (to be more precise, June 29, 2015). There are reports of Itcminer.com as a site being the property of BITMINER CLOUD EU LTD, which is based in London, UK. There can’t be a 100% agreement to this as the company in question was dissolved over 3 years counting now.
There are no records of leadership structures and hierarchy in the company, so therefore, talks about the founders of Itcminer.com may never be as rampant as might be the case for other Cryptocurrency mining sites.
Services Offered by Itcminer.com
- Automatic Cloud mining services with speedy payments and 24/7 support.
- Juicy referral/affiliate bonuses geared at encouraging participation from new users
- Daily earnings and unlimited withdrawals from paid upgraded versions (versions 1.1, 1.3, and 1.4)
Claims made by Itcminer.com
There isn’t a 100% certainty that the online site is keeping up to these claims, but we’d mention them nonetheless; check out these claims below:
- Mouth-watering promises of increased earning rates with every upgrade in plans (payouts and withdrawals are dependent on which plan is being run, and it is usually in LTC).
- Continuous emphasis on flexibility in withdrawals, especially for upgraded users.
- Bold claims on automatic cloud mining, with a 24/7 support architecture.
Customer/Community reviews of Itcminer.com
This might not go down so well, as perceived earlier, but we’ve got to say it anyway. The reviews aren’t so encouraging, worse still, it is coming from notable review sites and platforms. Let’s get a hold of the reviews and see what we can make of them…
- ScamDoc has a low trust score of 1% with a caution for users to steer clear. That ain’t a nice score for a global mining company.
- Trustpilot gave instances of users blocked after taking the leap from the current versions to higher ones.
- Extra fees are charged because of upgrades
- Sitejabber shares the same thoughts as Trustpilot of users benefiting initially in withdrawals of small sums and then falling out after upgrades have been made.
- The Reddit community isn’t silent about the whole drama. There have been complaints of fake payouts and withdrawals, in the end, to lure users into upgrading.
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Is Itcminer.com Legit
The rate at which there have been so many negative narratives and stories flooding the terrain about Itcminer.com, it is almost inevitable to conclude that this site has fraudulent tendencies. To make matters worse, the idea of not having an established order of leadership directing the affairs of the mining site is another reason to worry.
Hence, the entirety of everything boils down to the fact that you should guard against Itcminer.com because none of their features and reviews are considered safe. Per adventure, you need a Litecoin mining platform to trade or carry out certain tasks, then without fail, make sure you direct your search down to the last, to discover profitable sites to do business with.