Is Minegate.org a scam or paying? You can take the following review as a reference to help you make a decision.
Minegate.org is a cloud mining company that has been in operation since 2012. They have been helping people earn bitcoins without their actual involvement in the activity. Having tested their methods and seeing that they can yield long term positive results. Minegate is enlarging its coasts to attract more investors in any part of the world. The aim of doing this is for them to earn more money for themselves and of course for anyone who will as well take part in their company.
Minegate.org Payment Status: NOT PAYING
Literally speaking, they are sharing shares of their mining company so that the money they get will be used to buy more mining equipment to increase production. Minegate Cloud Mining Company can be contacted on the address, 2085 Whittington Drive, Peterborough, ON K9J 6X4 or via the email, [email protected]
Overview of Minegate.org
Minegate.org is designed for people who have been seeking more ways to earn money. The only things on the website are strictly for Minegate. There are no promotional ads from other companies including Google so that one can have an easy browsing experience on the website.
Minegate.org can be opened on mobile phones, android tablets, ipads, laptops and anything at all that can be used to surf the net. With just a phone, it is possible to manage an account on Minegate comfortably. Since there is no need to upload documents or scan pictures, signing up on a phone, transferring funds to the account and purchasing a desired mining power is very possible.
The Minegate website is easy to use and contains information that is straightforward. There are links to other pages such as FAQ, Sign Up, login, Help, Support, News and more. The home page shows the four tier pricing model offered to the public. You can visit the repayment page to see how much you can earn by purchasing some units of mining power in GH/S.
Expected Earnings for 35,000Gh/s
Why Minegate is Recommendable
Having been in the business since 2012 (four years today), one could expect that they have what it takes to remain relevant as a paying company for several more years. With their team of professionals in different fields of endeavor, one would be right to assert that they are capable of withstanding any storm that could hit financial operations. They have a wide list of options they could venture into assuming mining fails to yield profits as planned.
Free Mining Power
Minegate.org offers free 50 GH/s for every new registration and it becomes active as soon as you purchase an additional one. The free 50 GH/S gives a profit of $0.04 per day and up to $14.60 in a year. This is however based on the current exchange rate of Bitcoin and Dollar. The profit should be higher as the value of bitcoins keeps increasing.
Large Mining Pool
Minegate has a large mining pool to accommodate serious investors. They already have more than 10500 investors who are on various mining plans and received over 16.4 BTC since its online investment program started some months ago. Their growth is fast and steady because of the successes they have recorded in the past years.
Minegate does not charge anything for deposits and withdrawals. The exact amount you transfer from your Bitcoin wallet is the exact thing you will have in your account for purchasing any of your desired plans. Similarly, whatever profit you make from your investment will be withdrawn to your wallet. There is no form of commission or hidden fees associated with managing your account.
Money Back Guarantee
Unlike most other investment sites where money spent cannot be refunded, Minegate offers you the chance to reconsider your decision. This means if you had wrongly purchased a plan and wish to reverse it, you can contact the support section and have your money refunded within two days. Even if some funds have been withdrawn, the balance will be calculated and refunded according to your request.
The affiliate system on Minegate is another opportunity for investors to earn more. If you have a website, blog or a Facebook page where you can post your referral link, simply do so for a chance to earn 5% on whatever deposits your invitees make. You can find your own link by going to the referral program after logging in.
Minegate.org Multiple Pricing Models
There are four different pricing models on Minegate cloud mining service. Investors can buy from 50GH/S, 1200 GH/S, 7200 GH/S and 14400 GH/S at the rate of $0.08, $0.07, $0.06 and $0.05 per GH/S respectively. For all these plans, Minegate calculates the profit on daily basis and sends the result to the member’s account page; profit calculation continues for months according to the type of plan one chooses. An investor who purchases up to 14000 GH/s will withdraw all his earnings in two and a half months while daily profits of 50GH/s, 1200 GH/S and 7200 GH/S are calculated for 3.8 months, 3.4 months and 3 months respectively. This is better than most company shares where dividends are usually distributed at the end of the year.
An observation of the pricing model shows that it is quite affordable to invest in Minegate. For example, purchasing the 50 GH/S plan requires an investment of only $4 while it will cost $84 to buy up to 1200 GH/S. Individuals who cannot buy up to 1200 GH/S can still purchase mining powers above 50 GH/S. One can buy 60GH/S, 100 GH/S 130 GH/S and lots more. Remember that your free bonus of 50 GH/s is also calculated in addition to whatever plan you buy so you have more profits coming your way at the end of your investment.
Minegate.org is now a SCAM! They stopped paying! Their website is not accessible!
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