I have been trying to invest but could not find a real site. Please tell me whether AWSMINING AND UCOTRADERS is real or not?
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1 Answer
UCOTRADERS - Is real or Not a.k.a Fake
The short answer is , UCO Traders is fake like any other scam site, The registration certificate they have shared is not even of their own website and is of some other business. Their CEO is again an alias who ain't real and if you go through their Upload folder of Wordpress you will find lots of images of various CEO's they thought of putting up before they settled for one, for example this is one.
Just like any scam site they have bunch of dead links on their site.Buy Coin link refers to coinmama with their referral another indicator which shows they are in for the short game
AWSMINING
AWS mining is a real thing but which service are you indicating ?
By Peter Obi
19th July 2018
AWS Mining Review: 7 Secrets (Lies) They Will Never Tell You
AWS Mining Review
Is AWS Mining a scam platform? Is it Legit? Should I invest my money and time on AWS Mining plans, or should I take them elsewhere?
Mrs Cynthia bought a weight loss product for N35,000 a couple of weeks ago. The product marketers said she will loss 20-40 Lbs (in weight) by the time she finished using their product.
She finished using the product yesterday, and it’s clear that the only thing she has succeeded in losing so far is her N35,000.
Beware of desperate marketers; they will say anything to sell their products.
If only Mrs Cynthia had done a little bit of research, if only she had consulted the opinions of past customers then she would have either saved her N35,000 or bought a genuine product.
AWS Mining sounds Legit; people seem to be making a lot money out of this opportunity, should I get involved?
Don’t be like Mrs Cynthia, don’t fall for sweet talks, be smart.
We have gone into in-depth research about this opportunity, we have done all the hard work for you and are happy to share our findings in this AWS Mining review, Pay close attention and read to the end, you might not find this information elsewhere.
Enjoy!…
Table of Contents
- What does Cryptocurrency mining mean?
- AWS Mining Review – What It Is All About
- AWS Mining Review – What You Should Know
- AWS Mining Review — The People Behind The Scene
- AWS Mining Review – The Lies You Never Suspected
- LIE NO 1
- A Fake Virtual Address
- LIE NO 2
- Claims To Have Been In Operation Since 2016
- LIE NO 3
- AWS Mining False Chinese/Paraguayan Mining Farms
- The Pyramid Scam
- ALEXA Holds Proof
- Conclusion
What does Cryptocurrency mining mean?
Every Cryptocurrency transaction you make is processed by a computer; these computers are owned by individuals like you and me. Their owners primarily dedicate them to perform the task of processing Cryptocurrency transactions, these owners are referred to as ‘miners’.
The computers used in the mining process solve mathematical problems. And as more people use Cryptocurrencies worldwide, this mathematical problems become more complex and require more powerful computers to solve.
These powerful computers are expensive to buy and also expensive to run. The average individual cannot afford them, but large corporations and some rich individuals can. However, that doesn’t stop the average person from having a slice of the Cryptocurrency mining cake.
Since average individuals cannot afford these computers, they can pay these large organizations and business sharks some amount of money to use a portion of their computing power (mining contracts), to earn profits.
However, it is important to note that, Mining Cryptocurrencies has no profit guarantee; it is a very volatile affair and there is literally no way to guarantee a steady profit over a particular period of time. For instance, you can’t promise an individual a steady 20% profit every single month. That is just not possible, either you make more or less.
This brings us to what AWS Mining is all about.
AWS Mining Review – What It Is All About
We are not in anyway affiliated with AWS Mining and so are not obligated to promote their services, we will put forth claims made by AWS Mining on their website and other resource materials and at the end express our opinion according to actual facts and findings.
AWS Mining claims to be a technological enterprise that focuses on the world’s Cryptocurrency demands. It claims to offer cloud mining services that anyone can buy and start making profits immediately mining Cryptocurrencies.
It claims to offer secure, continuous and sustainable mining services and its users can choose to mine one or more coins at the same time. It claims its mining computers are spread across three different countries and amount to a total of 19,300 working computers.
According to them, the idea of spreading out their mining farms (group of computers) across three regions was born out of the need to provide their users with the opportunity to relocate their funds without compromising their profitability.
Intending users are required to create accounts on their website, after which they are to buy crypto mining power (CPM) starting from $40; payment is to be made in Bitcoin.
The amount of profit you make depends on the amount of crypto mining power (CPM) you buy, 1CPM is $400.
Plans start at 0.1CPM which is $40. While the minimum withdrawable amount is $30 (at the time this review was written).
AWS Mining Review – What You Should Know
They claim to have mining farms in three different countries, and your profits will be realised from their mining activities. The farms are said to be in Paraguay, China and Mongolia, meanwhile, their headquarters is in Australia.Ask yourself this question. “if they have that much mining power, why do they need your money”, what stops them from mining and keeping all the profits for themselves? Rather than share with multiple investors?
I believe you didn’t learn about AWS Mining on your own, someone must have tried to convince you into investing in their Mining service and being a smart investor, you have set out to know more about them before investing your hard-earned money.
I believe whoever is trying to convince you must have already given you a referral link to register through, right?
Come closer let me explain this to you. See, AWS Mining has a feature that pays you 10% of the investments made by the person you invite. If you decide to register through that link, the person who invited you gets 10% of your money, that’s the primary reason why he/she is trying so hard to make sure you put your money on the line.
It doesn’t end there, AWS Mining also offers residual income through a binary compensation plan, you also earn from the people your people refer.
Sounds familiar?
Yes, I bet you must have been involved or heard of such a scheme in the past, that scheme you heard of, does it still exist today?
Take a look at the following Testimonies from people who claim to have earned from mining with AWS Mining service
Noticed anything peculiar about this testimonies? they all have referral links beneath them, all these people want are referrals, 10% FROM THEIR INVESTMENT AND ADDITIONAL COMMISSION FROM THE PEOPLE THEY INVITE.
I call them PYRAMIDIANS, all they care about is the 10% they stand to gain from your investment and will say all they can to make sure you invest, they don’t care if you lose your money in the end.
They are professional recruiters, will create youtube videos full of lies, buy T-shirts with AWS Mining Logo printed on them and go to any length to ensure you invest and they get their commissions.
And when the bubble eventually burst, they will say “nobody forced you”.