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Hoyo mining review: Is hoyomining legit? Find out from this hoyomining.vip review.
Hoyomining is a terrible scam with a complete lack of transparency and reputation. This website was hosted on 01/09/2022. They claim to be the world’s leading crypto mining company. Sadly, that is a big lie. Hoyo mining attract new clients by offering discounts on all their plans. This hoyomining.vip review should open your eyes. If you truly want to make money from cryptocurrency, then join mycingmining.com. However, we encourage you to finish this hoyomining review and thank us later.
It’s good to note that each investment has risk. But the level of risk differs in every investment. Higher risks are linked with investments that promise higher returns. However, no return on investment is a promise.
Keep in mind that past and future returns can be very different from each other. That means one might lose all of their invested money. Thus, you must have all the relevant facts; Before investing in any crypto-mining company. Before you move on, have a look at this Smartmining review.
How safe is your money?
As at the time of this hoyomining.vip review, it was just 60 days old. The operators have total lack of transparency. Meanwhile, hoyomining.vip seems to be targeting the United Kingdom specifically. This is evident in the office address provided. Moreover, hoyomining claims to be registered and licensed by the FCA. Sadly, We searched the FCA record only to discover that hoyomining.vip exists nowhere on it. If truly they are legitimate in the United Kingdom as they claim; They should be licensed and regulated by the FCA.
The Financial Conduct Authority(FCA) is the regulatory agency in Britain. All valid financial brokers must register with it. This gives the broker the license to operate in the area. Each valid broker deposits a specific amount of money with the FCA. This is called clients’ compensation funds. Therefore, if the broker collapses; then investors will get rewards from FCA. Meanwhile, each investor can get a reward of as much as €80000.
Also, in this hoyomining review, we discovered that the operators are anonymous. If the system is profitable as they claim, they should be able to disclose their identity. Stay away from this scam, after reading this hoyomining.vip review.
Hoyo mining review on the investment plans.
There are various plans available on this platform. They range from the free plan which requires no deposit to the biggest ones that offer a 70% discount.
Free: This investment plan is entirely free. It was previously 1$/7days. However, it is currently free. Therefore, investors can buy it without having to pay. The hashrate is 8TH/s. Therefore, the daily profit is 0.158$.
Experience: In this hoyomining review, it’s obvious that this is the only plan with zero discount. The minimum investment capital is 3$ with a Hashrate of 6.6TH/s. The contract duration is 365 days.
Basic: This basic plan comes with a minimum investment capital of 288$. This is after a discount of 20%. Meanwhile, the contract duration is 1 year with a daily payout of 5%. This plan utilizes Antminer S19.
Economy: The minimum investment capital is $840. There is a 30% discount on this plan. The daily ROI is 42$. This is equivalent to 5%. This is also an annual contract and utilizes Antminer S19.
Standard: There is a 40% discount giving rise to a minimum investment capital of $2580. Daily ROI is approximately 7%. The hardware utilized is Antminer S19.
Professional: This plan promises a daily return of 9%. The minimum investment capital is $6500 after a discount of 50%. It uses antminer S19 with a hashrate of 8120TH/s. The duration of this contract is 365 days.
Hoyomining review on other investment plans.
Advanced: There is a discount of 55%. Therefore, the minimum investment capital is 12600$. Meanwhile, the duration of this contract is one year with a daily ROI of 17%. Just like other plans, it also utilizes antminer S19 with a hashrate of 18560TH/s.
Luxurious: The discount on this plan is 60%. Therefore, the investment capital was reduced to 32000$. Meanwhile, the contract duration is 365 days. The daily ROI is 15%. The available hardware is Antminer S19 with a capacity of 53360TH/s. This plan promises a monthly ROI of 6.6BTC.
Optimum: This is the biggest plan with a discount of 70%. The minimum investment capital is 63,000$ with a daily return of 11250$. This plan utilizes the Antminer S29 with a capacity of 120640TH/s. It promises a monthly return of 15BTC.
Is hoyo mining legit?
It’s clear in this hoyomining.vip review that this is a complete scam. They are making outrageous offers to attract your attention. These promises are not realistic. Therefore, avoid them at all costs. Meanwhile, if you want to mine cryptocurrency, join mycingmining.
What do you know about Mycingmiming?
Mycing mining is one of the most secure and reliable crypto-mining industries in the world. It has become obvious that most investors no longer have an interest in crypto mining. This is due to the rising rate of fraud and poor return on investment in the mining industry. However, it will interest you to know that lots of crypto companies are still reliable. Moreover, they offer a good return on investment. Following critical studies and experience; Mycing mining is top of the list of reliable mining companies. They have a proven record of customer satisfaction.
So, if you are an investor still looking for a reliable company to invest in; Mycing mining remains the best.
To mention but a few of the good news about Mycing mining; It is user-friendly; It has over 150% return on investment with profit accrued daily and hitch-free withdrawal access. Think crypto mining! Think Mycing mining!
Hoyomining.VIP review on the methods of contact.
The biggest challenge of this scam is the lack of live chat service. This makes it impossible for urgent contact. Meanwhile, clients can fill out a form on the contact page. Moreover, hoyomining.VIP has a phone number through which they can be contacted. In addition, clients can as well visit their contact address at Unit G1, Capital House 61 Amhurst Road, London, United Kingdom, E8 1LL. Sadly, there is no functional social media handle on this website. You should never put your money here. Instead, choose from any of the best cloud mining firms in 2022.
Methods of deposit, withdrawal, and charges.
Hoyomining.Vip further displays its lack of transparency. On the home page, they claim to offer over 20 different methods of deposit and withdrawal. Meanwhile, after registration, we decided to confirm that fact. Sadly, the only available method of deposit is cryptocurrency. So they are deceiving you by making you believe that they offer different investment methods.
Meanwhile, the minimum withdrawal is 0.0008btc. That’s equivalent to 16$ using the current BTC value. However, for every withdrawal, clients pay a fixed fee of 0.0005btc. This is equal to 10$ using the current BTC value. This is a trap. It will force investors to wait until their profit accumulates well enough. Since this company is a scam, it can vanish at any moment. Therefore, we encourage you to invest in a company with zero charges on withdrawal.
Hoyomining Review Conclusion
Hoyo mining is a scam. Stay away from it. They lack transparency and are not registered. In addition, the operators are anonymous. You will surely lose your money if you invest in it.
Thank you for reading and don’t forget to share.
Equally, read this Inboxmining review.