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February 7, 2023

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Is Summit Mining legit?

Summitmining.org: Is summit Mining legit? SummitMining is a self acclaimed crypto currency mining firm. This firm is dangerous and a total scam. Summit Mining website was launched in March 2022. According our summit Mining review; the CEO of this firm is one Mr. Chun Lee. Meanwhile, this firm decieve clients by offering them unrealistic and impossible return on investment. Do not be fooled else you will lose all your money. However, relax and by the end of this SummitMining.org review; You will have an answer to the question; Is summit Mining legit?

It’s good to remember 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.

Summitmining.org Review

According to the website, this scammers claim to have been operating since 2016. That’s a big fat lie. Our who.is findings shows that the website was registered precisely on the 11th of March; 2022. Therefore, we are not wrong to conclude that summit Mining is not plain. Moreover, in this Summit Mining review; We discovered that the operators parade a Chinese address as their own. Meanwhile, they are not specific about their location. In addition, Summit Mining is silent regarding their license and regulations.

Also; we searched the entire Internet only to find no reviews about this website. If in reality, they have such profitable company as they claim; Then they will have lots of testimonials on the internet. Do not waste your time or money on summit Mining. If you want to invest in Crypto currency; then join mycingmining.

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 firms are still reliable. Moreover, they offer a good return on investment. Following critical observations and experience; Mycing mining is top of the list of reliable mining firms. They have a proven record of customer satisfaction.

Summitmining.org review

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!

How safe is your money?

Your money is not safe at all and if you invest, you will lose your entire money. Summit Mining is entirely silent regarding the license and regulations of the company. Being a digital currency Mining firm; We were hoping that they should be strongly regulated. This will ensure the safety of your funds.

Sadly; in the course of this Summitmining.org review; we discovered that they are operating from China. However, this zone does not allow crypto currency mining. In 2019, Chinese government banned every activity relating to either trading or mining crypto currency. Therefore, it is clear that this company is a scam since they claim to operate from a country that prohibits crypto currency mining.

Summit Mining review on investment plans.

There are are seven different investments plans available in summitmining.org. The ROI in each of the plan is exaggerated. However, we are not surprised because this platform is obviously a scam. Therefore, we further this summitmining.org review by analysing the plans.

Starter Plan: The minimum investment in this plan is $100. While the maximum Investment is unlimited. Meanwhile, the contract duration is 24hours with an ROI of 27%. The mining capacity is 12.50MH/s.

Silver Plan: This plan lasts for a duration of 48 hours. They promise a return as high as 45% for a minimum investment capital of $500. The mining capacity is 125MH/s.

Golden Plan: The return on investment in this plan is 60%. Meanwhile, the minimum investment capital is $750. This contract lasts for a period of 72 hours.

Diamond Plan: This diamond Plan offers an ROI of 75% in 72 hours. The minimum investment capital is $1000.

Platinum plan: The platinum plan also lasts a period of 72hour with a mining capacity of $5,000. The profit offer is 77.5%

VIP plan: This plan offers an ROI of 80% within a period of 85 hours. The mining capacity is 250MH/s. While the minimum investment capital is $10,000.

VVIP plan: This plan requires a minimum capital of $30,000. The duration is 120 hours with a mining capacity of 320 MH/s. The ROI offer is 90%.

SummitMining.org review on methods of contact.

The methods of reaching out to Summit Mining is extremely poor. At this point; you should have an answer to the question; Is Summit Mining legit? This is a company that lacks transparency. It is neither registered nor regulated. Moreover, Summitmining.org operates from a zone where crypto currency is entirely prohibited.

There are basically two methods of contacting them. Investors will either fill out a form on the contact page or send a mail to [email protected]

Also; clients can visit their office address at Xidan commercial street Beijing. They can also call them on +12345615523

SummitMining.org Review On Methods of Deposit, Withdrawal and Charges.

There is no fact regarding the Charges by Summit Mining. However, we do believe that they will end up requesting deposit or upgrade of account before processing withdrawal. That’s typical of scammers. And it’s just a strategy to make you even pay more money.

Meanwhile, their only means of deposit and withdrawal is crypto currency. Therefore, the moment you make a deposit; It will be impossible to trace such money. Stay away from this firm. This Summit mining review should serve as an eye opener. Therefore, avoid them at all costs. Moreover, they are just as terrible as hourcrypto which we already disclosed.

Conclusions

Is summit Mining legit? The answer is no. This company doesn’t exist anywhere on the face of the earth. Moreover, the self acclaimed location is in China. Meanwhile, crypto currency mining is entirely prohibited in such area.
Do not invest your money in summit Mining else you will lose it. It’s as horrible as Summit mining

Thank you for reading and don’t forget to share.
Equally read our Iqmining.io review.

 

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