This review shows that Swiss Miner is a scam that has nothing to do with cryptocurrency mining.
What is Swiss Miner
Swiss Miner is presented on its official website as a cryptocurrency mining company. Mining cryptocurrencies means running hardware and software to confirm cryptocurrency transactions and to get rewards.
Swiss Miner supposedly is mining cryptocurrencies like Bitcoin, Ethereum, Litecoin and Dogecoin.
You can participate in mining with Swiss Miner, currently there are four plans for the public. Rewards range from 80 to 125% per day. The minimum deposit/investment is $30.
Swiss Miner claims to be located in New York, United States. But is it a legit company, can you trust it?
Swiss Miner is a scam
Unfortunately, Swiss Miner is a total scam, it won’t earn you anything and you have to stay away from it. Here is why.
Not mining cryptocurrencies
The reality is that Swiss Miner is not mining cryptocurrencies at all. It is not even a real company. Fraudsters who run this program have no mining hardware, they don’t run any mining software. Everything is bogus.
The easy way to see that Swiss Miner is a scam is to look at the mining plans. Because there is absolutely no way and there has never been a way to make 100% daily returns on investment in cryptocurrency mining. It is just impossible.
When mining you have to spend money on hardware and electricity. On the other hand you have prices of the cryptocurrencies you mine that will make your rewards. So, it is simple physics, there are certain limits and trust us, you can’t make 100% daily returns in crypto mining.
So yes, it really is that simple, when you see impossible mining plans that Swiss Miner offers, you know it is a scam.
We have already mentioned it, but Swiss Miner is not a real company. The New York address you will find on its official website is fake, people who run this fraudulent program are not located there.
It is impossible to know who are the people behind this scam, so if you fall for it, you won’t be able to get your money back.
How Swiss Miner works
Swiss Miner is a simple scam, it will just take your money and that will be it. It is not even a Ponzi scheme that would try to honor payments at least in the early stages.
Ponzi schemes redistribute money between newer and older members, but Swiss Miner does not do that. It just takes money from everybody and keeps it.
And all the deposits to Swiss Miner have to be made in cryptocurrencies, which means it is impossible to get money back in a normal way. All you can do if you got scammed by Swiss Miner is to go to the police. If police manage to find and prosecute these scammers, they might be able to get your money back. But chances are not very high, because scammers hide their tracks pretty well.
Swiss Miner review – conclusion
Swiss Miner is a scam that is not paying at all, we know it from real users. It is not a cryptocurrency mining service, it is a fraudulent program. Stay away from it.
If you are interested in cryptocurrencies, you can try trading them on a free demo account.
Should you decide to invest real money, please be sure to understand the risks and to use only money that you can afford to lose.