Brief informationAuroraminer
The investment project named Auroraminer positions itself as a platform for cloud-based Bitcoin mining. The company offers to rent equipment located in data centers around the world. The platform claims that its official website auroraminer.com:
uses SSL encryption (this is a standard requirement for regular resources);
is protected from server failure (details are not covered).
The Auroraminer investment project reports that it operates in the jurisdiction of the UK, and indicates the registration number (10956583) and the address of the head office — PO Box 4385 Cardiff, United Kingdom, CF14 8LH. The founders and managers of the company are also mentioned, but without a detailed presentation. The date of foundation is not listed on the auroraminer.com website. There are no copies of the certificate of incorporation and license.
You can contact support by email at support@auroraminer.com. There is no contact form, links to social networks, or hotline phone number.
Auroraminer investment plans and returns
According to the platform terms, participants can rent capacities within 4 tariff plans:
386 GH/s per day with 10.3% Profit Lifetime.
3861 GH/s with a daily profit of 12.5%;
10296 GH/s — 15.3%;
25740 GH/s — 16.7%.
The Auroraminer cloud mining company announces a return on investment in just 10 days and promises a bonus upon registration — 1000 GH/s for free. At the same time, it does not explain the procedure for distributing such a high profit and what meaning it puts into the Lifetime term .
The creators of the Auroraminer investment project claim that mining takes place online without the need to download an application. You can also use a mobile device.
The platform supports a referral program and promises payouts of 36% + 13% + 11% for the hashrate acquired by invited participants.
Registration and personal account on auroraminer.com
Before starting mining, the user must create an account, indicating:
first and last name;
country of residence;
username;
email;
password.
At the end of registration, the participant is not offered to read the user agreement and other contracts. Users do not go through the verification procedure after logging into the Auroraminer personal account.
Deposits and withdrawals with Auroraminer
The minimum deposit amount is 0.0005 BTC, the maximum is 20 BTC. According to the terms of the platform, withdrawals from Auroraminer start from 0.00005 BTC. Users are allowed to withdraw no more than 1 Bitcoin per 24 hours. The transaction is reported to take from 1 minute to 72 hours. Standard network fees must be paid for the transfer. The platform does not charge any other fees.
Conclusion about Auroraminer
The company is attempting to pass itself off as a Bitcoin mining platform. The project promises lifetime profit from 10.3% per day and high referral bonuses up to 60%, which resembles a typical financial pyramid scheme. The platform operates without licenses and does not provide documents confirming registration. For a better understanding of the real terms of cooperation, it is worth studying reviews about Auroraminer.
