I personally invested a couple of bucks into Terra Miner.. and i ask the question - Is this real.. or yet another bitcoin scam?
There are indeed, many bitcoin cloud mining scams. In fact, there are hundreds if not thousands.
The most common scam is to give away 100GHof mining power for free.. and it seems an attractive offer.
Although every single one of these are a scam. If they gave away 100GH for free, thousands of people would sign up and claim free bitcoin, they would be out of business within months.
Terra miner on the other hand, is running an ethereum based ICO, and these tokens represent your mining power.
1 Token is 1 MH of mining power.
Now again, this could be yet another scam. Although this is why i invested into Terra miner.
- The owner has put his real name on the project
- The owner has a bitcoin mine already running
- The owner has created multiple videos with himself in it
Now i do not suggest any of my followers here put money into this system at this stage.
I have already invested, and payments are supposed to start in Decemeber. We are told they are currently setting up the mine in China.
If Mr Kuznetsov does what he says he will, he will have one of the biggest bitcoin mining farms in the world.
This could be just another scam, ill test it and let you guys know soon :)
At least we know who to look for if he runs with our money lol..
What does everyone here think?
Have any of you guys invested into this system?
Have any other good systems worth looking into?
Btw if you want to promote your steemit bitcoin related posts, i setup this new subreddit check it out :)