ETHOnline Scam Review: LEGIT MINING?
OFFICIAL SCAM SITE: ethonline.io
If you have looked at the ETHOnline mining system, you might be interested in investing some money with it. Well, we are going to advise against doing so because there are lots of scam factors that we have found. These crooks talk a really big game, but just because they talk the talk, does not mean that they walk the walk. This Ethereum software claims that you can make several hundred dollars per day and that you don’t even have to do any work at all to make it. Sure, this sounds really awesome and it would surely be convenient.
However, it also sounds way too good to be true. When something sounds too good the true, especially when it comes to crypto investment and mining systems like this, it is usually a big pile of BS. The fact of the matter is that the ETHOnline app provides absolutely no evidence that it works. Yet, we here have found lots of scam factors which serve to confirm our suspicions of this being a rip off. We are here today doing this ETHOnline review for your benefit. We want to keep you and your finances safe, which means providing you with fair warning about threats such as this cryptocurrency mining scam.
ETHOnline App – A Bad Website
The ETHOnline website is absolutely terrible. It is chalked full to the brim with grammar and spelling errors. No, being dumb and not being able to spell right is no crime, but it is absolutely a sign of bad things to come.
ETHOnline Software – Non-Existent Company & Leadership
The ETHOnline program is 100% anonymous and faceless. At no point are we ever told who runs the show. We have no clue who the leaders, owners, or creators of this Ethereum mining program are. This is a big problem. Folks, whenever you are faced with any kind of anonymous crypto investment system, you can rest assured that it is anything but the real deal.
The only reason why these guys would want to keep their identities hidden from us is because they are doing something illegal. This is a crypto scam and it is not licensed, the company is not registered, and the owners are hiding in the dark.
ETHOnline Scam – What Mining?
What we can say for sure here is that no Ethereum mining ever takes place. We are not provided with any useful or relevant information which would confirm that such mining operations exist anywhere in the world.
We are not told where the mining facility is, what the overhead costs are, what the hash rates are, or how much of our money is being invested and reinvested into the process. Whenever we are faced with such a clear lack of information, it is very suspicious and it leads us to say that the ETHOnline system is bogus, phony, and just in it to rob you blind.
ETHOnline System – No Payouts
With absolute certainty, we can tell you that you will never receive any kind of profits or payouts from this ETHOnline mining scam. Yes, they claim that you can earn close to 1 Ethereum coin each and every single day after your initial investment. No, Ethereum is not worth that much, only about $300, so this is not unreasonable by the sounds of it.
However, reasonable or not, for one, we know that no mining actually takes place here. Moreover, we can also confirm that nobody has been able to profit here so far. Anybody that has invested Ethereum has had it disappear into thin air, never to be seen or heard from again.
ETHOnline Mining Scam – PONZI SCHEME!
One thing that we know for sure about the ETHOnline app is that it is a Ponzi scheme. A Ponzi scheme is any kind of investment system that guarantees massive returns on small investments, but then does not provide any returns at all. This is what a Ponzi scheme is and this is exactly what is going on with this ETHOnline system.
At the same time, we also know that this is a total pyramid scheme. There are several affiliate commission levels here. This means that if you get your friends and family to invest money, you are supposed to get a cut of the action. Well, the commission here can go up to 40%, which is unbelievably high.
Folks, this would mean that if your friends invest $1,000, you would get $400 for nothing at all. This is way too high to be real, as nobody just gives away several hundred dollars for free. Also, as we can confirm, these referral commissions do not exist as nobody has received any this far. If you get your friends to invest money with this ETHOnline program, you are doing nothing more than helping these scammers to actively screw your friends out of their money.
ETHOnline Program – GIVE US YOUR ETHEREUM WALLET!
What we think about this ETHOnline software is that they just want to steal your Ethereum. To get your supposed payouts, you have to provide these guys with your Ethereum wallet address. However, first off, as we have confirmed, nobody has received such payouts. Moreover, we have it on good authority that several people who have invested money here, have had their Ethereum wallets cleaned out not long after doing so.
Yes, Ethereum wallets are usually pretty secure, but this does not mean that these criminals have not figured out a way to hack into them and clean them out. As the evidence shows, the crooks running this ETHOnline mining scam will do everything in their power to get their dirty hands on your hard earned Ethereum coins.
ETHOnline Scam Review – Final Thoughts
The bottom line here is that the ETHOnline system is definitely a scam. There is not a shadow of a doubt about this. They claim to provide big returns and commissions to people, yet no profits of any kind ever materialize. This is nothing more than an easy way for these scammers to get ahold of your Ethereum stash and your wallet. Please folks, whatever you do, stay as far away from this cryptocurrency mining scam as you possibly can.
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