Best Bitcoin Mining sites

Btc Miner Scams 2023: Today we will list few number of crypto scams especially btc. Many are Victim of scam Via bitcoin, ethereum, usdt, bnb, doge coin and more. When you hear bitcoin investment, it sounds like the fastest way to get rich. But I’m afraid, it’s the most popular scam currently. Scammers see it as fast, safe, easy and cheap way to steal money from people. However even when you got scam, you can still be Victim trying to recover your fund. Many recovery agencies are equally scam. You must be careful to avoid spam token as well.

List Of BTC Miner Scam This is one of the BTC miner scam that is still active. They advertise their platform with Google and claim to be the best.

Qubithashes: They claim to be the best cloud mining firm with higher returns. However we couldn’t verify the platform.

Minersy: Another btc miner scam with fake identity, avoid the platform at all time.

Hoyomining: This mining firm have many sites that they use to scam people. They own 70% of fake mining sites in Google. Example of tizumining platform.

Bcloudminer: This is another btc btc miner scam that was recently found by group of claiming experts. Avoid them at all time we recently review the platform to be fake, because of some setting information that reveals how it works.

Tizumining: This platform is another btc miner scam that we have told you to avoid.  They are not legit and still exist to scam you

BeMine: BeMine is a cloud mining firm that claim to give you the best cloud mining experience. However from our observation, they are scam

Capital-Btc: capital BTC is equally a BTC miner scam that doesn’t work. The platform have other mining sites that they use to steal from you.

Hashfine: Tbis is a scam. They are no longer online, but collect peoples money, stay far.

Here are some types of crypto scams.

1. Bitcoin Investment Scams

This type of btc scam use Facebook, LinkedIn, Instagram, Twitter, and some dating apps. In this they fake their pofile and start adding potential victims. Scammers contact people who want to invest in bitcoin and claim  that they have experience “investment managers.” As part of the scam, the so-called investment managers claim to have made millions by investing in cryptocurrency and promise their victims that they will also make money by investing.

Btc miner scam

The scammers ask for money up front to start. Then, instead of making money, the thieves just take your investment. Scammers may also ask for personal information by saying they need  it for transferring or depositing funds. This gives them access to a person’s cryptocurrency. To avoid this don’t accept friends request you don’t know. Avoid get rich quick platform or agencies, and equally report profiles that looks fake.


2. Axie Infinity Scams: $615 Million was Stolen

Would you notice if $615 million was stolen from you? Sky Mavis, the developer of the most popular cryptocurrency game, Axie Infinity, did not.

Another cryptocurrency scam occurred In March. hackers identified a vulnerability in the Ronin blockchain, the Ethereum-based sidechain on which Axie Infinity operates. In addition, the vulnerability was a result of a reported temporary adjustment that Sky Mavis implemented in December that decreased security protocols. A few months later, the hackers were able to take advantage of the circumstance because the situation had not been reversed.

How did Sky Mavis find that hundreds of millions of dollars were missing? A user attempted to withdraw funds but was unable to since there was no longer sufficient liquidity.

Axie Infinity is a play-to-earn cryptocurrency game that needs gamers to acquire pricey NFTs before to playing. After acquiring these NFTs, players can earn fiat currency in the form of cryptocurrency by playing the game. Due to the high cost of entrance, however, users who cannot afford the NFTs frequently become entangled in exploitative “scholarships” that force them to divide the profits with other users who give out these expensive NFTs.

However, in nations such as the Philippines, play-to-earn games like as Axie Infinity have become popular because users can earn the equivalent of their country’s average salary. Unfortunately, these consumers discovered that their earnings were inaccessible owing to the attack.

Since then, Axie Infinity has raised $125 million to compensate its users for cash that were stolen. However, this is a fraction of the $625 million they lost. As for that money, they will probably never receive it back. The United States government believes the breach was carried out by a North Korean organization.

3.The Social Engineering Scams

Most cryptocurrency detectives today use the umbrella phrase “social engineering” to describe their work. However, because the con artist has spent so much time gaining the target’s trust, the victim may not immediately recognize this as a fraud. To commit social engineering, one must assume a false identity and deceive a target into parting with their money.

This con artist fabricates an online persona, usually in the guise of a famous person, and uses it to lure unsuspecting victims. This encourages the target to continue interacting with the perpetrator after the scam has been detected. Scammers socially engineer their victims into trusting them so that they will send them money for “help,” “investment,” or “business” prospects. Sometimes this is done through romance.

Scammers use social engineering to trick potential cryptocurrency investors into clicking on malicious links. These malicious links usually entice their targets with a false promise of financial gain before leading them to a scam cryptocurrency investment page. Keep in mind that not everyone you meet online is who they claim to be. Also, not all links are reliable. Do your homework and only quote a credible source when quoting an exchange rate.

4. The Romance Scams

The con artist in a romance scam, like the con artist in a social engineering scam, earns the trust of the victim by appealing to their emotions. You can accomplish this through any number of online channels, including dating and social networking sites. The next step is for the con artist to create a false financial emergency or investment opportunity.

The victim is duped into thinking they are aiding their “newfound love” or enhancing the scammer’s wealth by sending them cryptocurrency or hard currency. This type of romantic scam has the potential to ruin a person’s life completely, from stealing their life savings to robbing them of their inheritance. It’s sad, but the scammer’s purpose, if it begins with online flirtation, is usually to win the victim’s heart and then use them for their own gain.

5.Donors are Repelled by Ukraine Rug

One of these cons is not like the others, and that is when the Ukrainian government swindled its donors. Nonetheless, it must be included since it is so exceptional: a rare “good” hoax.

Shortly after Russia invaded Ukraine in February 2022, the Ukrainian government swiftly decided to accept cryptocurrency donations in order to take advantage of the deep pockets in the crypto field who are always eager to pump their coins and generate positive headlines.

After Ukraine announced an airdrop for people who donated via the Ethereum network, a flood of cryptocurrency began to stream in. An airdrop is essentially when crypto wallet owners receive free gifts, typically in the form of crypto tokens or non-fungible tokens (NFTs). According to Ukraine, they were sending donors a “reward” for their contributions.

Just days after it was announced, Ukraine decided to cancel the airdrop. Some contributors seeking these profits yelled “scam” Moreover, this is formally termed as a rug pull. A rug pull occurs when a developer of a cryptocurrency makes promises to gather cash, abandons the project, and walks away with all the liquidity.

But, this circumstance is absolutely exceptional. Ukraine was attempting to gather funds, believed they would thank well-intentioned donations, and then pulled the plug when they saw people were using the situation. However, the contributions went to a philanthropic cause. So, let’s call this a permanent rug pull. Therefore, it is at the top of the list.

Report Or Outcome

Enter the actors of evil faith. To take advantage of the airdrop, a wave of bitcoin donations were sent to Ukraine. In less than 2 days, about 60,00 transactions were conducted on the Ethereum blockchain in Ukraine. According to Ukrainian officials, people began sending miniscule amounts of money in order to register in time for the airdrop. Supposedly, these individuals sought to benefit from a war-torn nation by receiving a “prize” more valuable than the amount of money they contributed in order to sell the free item for a quick profit.

6.Someone Stole Seth Green’s Bored Ape

A cryptocurrency scam happens in this way. The apes of actor Seth Green were stolen. After falling victim to a phishing scam in May, the creator of Robot Chicken had his entire NFT collection stolen. Green’s NFT losses included his Bored Ape Yacht Club #8398, two Mutant Apes, which is another NFT creation by Yuga Labs, and a Doodle NFT.

However, as you can see, Green lost significantly more than the anticipated hundreds of thousands of dollars in resale value of his NFTs. The actor has been working on the White Horse Tavern comedy series, which contains numerous NFT characters throughout. Fred Simian, also known as Bored Ape #8398, is the protagonist of the series.

Bored Ape owners own a license to the intellectual property for their particular apes and can do whatever they want with them: sell merchandise, make video games, produce a sitcom, etc. This was Green’s dilemma. Whoever took his Bored Ape sold it on the secondary market to a collector, meaning that Seth Green no longer had the rights to Fred Simian.

Btc miner Scam On NFTS Like Ape

Bored Ape owners own a license to the intellectual property for their particular apes and can do whatever they want with them: sell merchandise, make video games, produce a sitcom, etc. This was Green’s dilemma. Whoever took his Bored Ape sold it on the secondary market to a collector, meaning that Seth Green no longer had the rights to Fred Simian.

Fortunately, Green was recently able to get his Bored Ape back…at a cost of $297,000. That is correct. He paid double the six-figure amount for his Bored Ape.

If you’re familiar with the non-fungible token market, you may be thinking that NFTs are frequently stolen. In fact, Yuga Labs’ social media networks were compromised this month, causing Bored Ape holders to lose more than Seth Green.

Why therefore emphasis on Green’s case? I cannot think of another NFT-related scam that highlights the industry’s many weaknesses this year. In a crypto fraud, a celebrity had their NFTs and intellectual property stolen, and they did not know what to do. In the end, they were forced to purchase their stolen goods back. What are you going to do if this occurs to you as well?

8. Recovery Scams

As a bitcoin recovery consultancy, we frequently see claims from other businesses claiming they can retrieve all of a customer’s cryptocurrency. These businesses demand an up-front payment and guarantee to “hack” your wallet or retrieve all of your cryptocurrency. For starters, if someone claims they can get into a scammer’s wallet, they are counting on the fact that the victim does not understand the security of blockchain technology and that it is impossible to hack. This decentralized technology exists to safeguard financial dealings from fraud.

If you’ve lost your crypto, the only way to get it back is to follow the correct recovery procedure, which typically involves the police. It’s also important to contact the right authorities at the state and federal levels if you’ve committed a financial crime. It’s likely a fraud if a tech business says they can retrieve all of your cryptocurrency, and victims have lost anywhere from $2,500 to $10,000 to such pretenders. Keep in mind that only the legal system has the ability to subpoena a cryptocurrency account, and even then only if they can prove it belongs to a scammer.

Why You Should Be More Careful

Due to the increased dangers associated with digital assets, extreme caution is required. Take heed of these warnings and be safe from cryptocurrency scams:

Never reply to messages that you didn’t initiate. Cohn advises, “The best strategy is to not respond to anyone who calls you from your crypto brokerage or any financial institution.” Find the organization’s main contact number and call them without the help of anyone else.
Before you click, make sure you’ve checked. Avoid downloading files or clicking on links from unknown senders.
Separate your money. Don’t make the mistake of permanently linking your cryptocurrency brokerage account with your regular bank account.
Put a hold on it right now. Cohn advises that, upon becoming aware of any suspicious behavior involving a client’s account, an immediate freeze be placed on all future transactions on the grounds of potential fraud.
Choose a reliable service provider. When it comes to your personal data and cryptocurrency, Leinweber advises going with a trusted wallet provider. He suggests using Exodus and MetaMask as reliable hot wallets and Ledger, Trezor, or Bitbox as reliable cold wallets.
Check for the secure protocol HTTPS. HTTPS—as opposed to just HTTP—in a crypto exchange or wallet URL implies the site has secured and encrypted traffic, Leinweber says.

How to Spot Crypto Scams

Scams involving cryptocurrencies can be easily identified with the right knowledge and tools. Cryptocurrencies that are legitimate will have full disclosure available, including specifics on their blockchain and tokens.

Examine the White Paper

There is a progression in the evolution of cryptocurrencies. Before this happens, a document called a white paper is usually published for the public to read, detailing the protocols, blockchain, outlining the formulas, and explaining how the whole network will function. It is not the case with fake cryptocurrencies, whose creators instead issue “white papers” that are badly written, contain numbers that don’t add up, fail to explain how the currency will be utilized, or give any other impression of being a real white paper.

Determine Team Members

The members and developers of the cryptocurrency should be named in the white paper. For privacy reasons, open-source crypto projects may not always list their contributors. This is par for the course with open-source. Github and GitLab host much of the project’s source code, comments, and debates. When working on a project, some people prefer to have discussions through online forums or chat programs like Discord. White papers full of errors and which lack any of these red flags are almost certainly fraudulent.

Search for “Free” Items

There are many cryptocurrency scams that promise to “drop” funds into your wallet or that give free coins. It’s important to keep in mind that money and cryptocurrency are never really free.

Investigate the Marketing

In most cases, investing in cryptocurrency is not a good way to make money. They’re projects that aim to accomplish something specific, and their currencies or tokens are meant to facilitate the operation of the blockchain. Legitimate cryptocurrency initiatives won’t promote themselves as the next big thing on social media.

Cryptocurrency updates might mention blockchain improvements or new security measures, but you should be careful of claims like “$14 million raised” or messages that seem to care more about making money than advancing the technology behind crypto.

The blockchain is being put to use by respectable service providers. Despite the fact that their blockchains may make use of tokens for the payment of transaction fees. The marketing surrounding these tokens needs to look more legitimate. They will have the resources to invest in high-profile sponsorships and public appearances. More-so they will publish comprehensive guides on their websites. The goal of these companies is not to sell cryptocurrency. But rather to promote the use of blockchain technology in their respective industries.

Btc Miner scam or cryptocurrency scam is very common now. The more mining platform you see are scam, either you get low payout or you lose completely. Start bitcoin mining 

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