What is Altminer.io? Is Altminer Scam or Legit?

Altminer.io Review:- Altminer.io Scam Alert!

First of all let's find out the straightforward answers to your queries for which you are here:- 


What is Altminer?

Altminer is an illegal and unsustainable company because it is a Ponzi scheme. If you don't know what is Ponzi scheme, then you can click this link:- newsonlineincome.com/ponzi-scheme/


Is Altminer.io a scam or a legit?

Since Altminer is an illegal company, so obviously Altminer.io is a scam.


Is Altminer safe or not?

Altminer is definitely not safe to invest money.


Well, now you find out the short answers to your queries. However, if you want to find out in detail why is Altminer a scam, what is Altminer in real, then also you don't have to search any other Altminer reviews because here, within our Altminer review, you are going to find out the complete truth about this company. So, your search for Altminer.io reviews ends here.


So, let's begin with our detailed review on Altminer as below to find out why is a Altminer.io scam.

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Altminer complaints. Altminer fake or real? Altminer legit or fraud?

Altminer login and join in link:- Altminer.io (Not recommended to join, it's a scam)

Why is Altminer a scam?

Well, before we already made you clear that Altminer is a scam because it is an illegal and unsustainable scheme. Now let's find out why it is illegal and unsustainable.

  • Altminer is illegal scheme because it hasn't registered anywhere to operate this kind of investment scheme.
  • Altminer is illegal because it doesn't have any real source of income coming into the company other than the money invested by the affiliates due to which it may only pay few members at starting by routing the money between the members and that is also only to show the payment proofs so that it can lure more people into its scam and collect the huge amount of money and run away with that. These kinds of schemes are known as a Ponzi scheme.
  • Let's think generally. If any company can make a profit to pay 9% daily like Altminer is claiming to pay, then why even that company needs to raise a fund by paying such high amount of profit? Any legit company can simply take a loan from a bank in less than 1% monthly interest rate if they need to raise a fund to invest in their project. Instead of that, why Altminer prefers to collect the investment from several people by paying them up to 9% daily. So, generally, Ponzi schemes can't pass this logic test and prove themselves to be a Ponzi scheme.
  • Although Altminer claims to make a profit by investing money of members in cryptocurrency mining, it fails to provide the physical location of its mining farm. On top of that, none of the real cryptocurrency mining companies like Genesis Mining can guarantee the fixed rate of return for a fixed period of time and that is also such a high rate of return which Altminer is claiming to pay, up to 9% daily profit. If you don't know what is Genesis Mining, then you can find the details by clicking this link:- newsonlineincome.com/genesis-mining/
  • Altminer has concealed its owner information within its WHOIS details as well as hasn't provided any information about its owner on its official website as well. In online business industry, we should never believe those companies who hide their owner details.
  • In the past 1000s of companies similar to the Altminer have already scammed millions of money from many people which once again proves Altminer is one of those scams.
  • Legal authorities have already seized many similar kinds of companies. Involving with these kinds of companies is a crime and legal authorities have already issued a warning to the general public to stay away from these kinds of companies.

Aforementioned, now it is clear that Altminer is a Ponzi scheme with unclear owner details. So, Altminer is a scam. That's why we have listed it in our Bad and Scams category. So, your search for Altminer reviews ends here. Now, maybe you want to find out the genuine and trusted ways to make money online. If so, then you can find the list of genuine and trusted online works and businesses by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/


Among those genuine online works and businesses, our No.1 recommendation is Wealthy Affiliate about which you can find the details by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/


If you are tired of scams and looking for the ways to detect either any site is a scam or not by yourself, then you can find some tips by clicking this link:- newsonlineincome.com/2017/03/23/how-to-know-scams/

Please spread the awareness about this Altminer scam by sharing this Altminer review with your friends and families:-

We always love to hear from you. So, please feel free to leave your comment below if you have any queries related to Altminer or online business industry.

We will be more than happy to hear from you and help you.

Good Luck!