GoMiner Reviews for June 2023

So many fancy words about the totally new concept of cloud mining, but in reality, GoMiner offers nothing more than simple staking of their tokens in return for some profits. But maybe I am too bias towards this startup and these guys offer really something of value since there are commentators who actually praise GoMiner for having nice feats. In any case, I am not prepared to invest in any mining projects right now.

The first thing that I thought after opening the go-miner homepage is, "Oh well, just another mining startup that probably offers something trivial." But after doing some browsing and getting acquainted with the mining options that they offer, I must say that Gominer managed to kindle my interest. I like that they offer the two-week trial with no financial commitment. Sure, it is a marketing trick, but not many cloud mining providers actually do that, so kudos to Gominer.

Judging from the info on the GoMiner official website, the token sale is going pretty well. As of now, the project has already gathered approximately 20% of the established financial goal, which is a good showing for a team that didn't have that much media coverage. Cloud mining has always had its share of users, who can't afford to buy mining equipment. I think that we will see more projects like GoMiner in the future, but they would definitely remain the pioneers in this field.

This elaborate and poorly executed scam starts with presenting a website of "GoMiner Tech" with the basics of any Cryptocurrency startup: Timeline Roadmap, Development Team, and GoMiner even has it's own "hardware" to carry out the proof of work - mining - of several algorithms. However, the Development team are digitally composited by AI and career CV profiles have been fabricated. The mining dashboard also indicates that the GMXR1 Cryptocurrency Miner is another myth, as user's mining hash rate and rig temperatures are randomly generated at runtime for the website with Math.Random functions. The videos are likely of an existing model such as an Antminer S9, that is vinyl wrapped with a carbon fiber plastic sheet. Updates are done arbitrarily and users are never notified through official channels of communication. The Android app no longer states its development team are based in Canada, but in Hong Kong. Many connections to fake websites help propagate the scam. It even has received positive reviews, that give withdrawal proof, but on close examination, identical bitcoin wallets are used by the several "individuals" providing the review. Administrators have trouble with simple arithmetic, such as applying 10%, 20% or 40% discounts, or providing the correct earning rates for mining or staking. GoMiner are also not registered to legally deal or advise as a Financial Securities Firm in Canada, as advised by the Ontario Securities Commission.

GoMiner brings a new way of mining cryptocurrencies without the need to purchase expensive equipment. While cloud mining is not exactly new at this point, it was new when the project was only starting. However, after more than two years of planning and development, it is likely that GoMiner has one of the best approaches to cloud mining in the entire industry. It also has two well-known advisors, and a small but capable team, but no real red flags that might indicate that there is something wrong with the project. As always, investors are advised to do their own research before deciding whether or not to support this project by buying its token.