It is obvious since beginning that this site is not good to try
Well, since the bitcoin mining craze, so many people trying to scam other's bitcoin by doing any things he can, just like this, bitcoin mining ponzi scheme. if you want to know what is ponzi scheme, click here
Auroramine offering cheap cloud mining price, mining power speed of 500GH/s at a price of $6 USD and free 100 GH/s at registering account, which that means only 10 days needed to get return of investment. Whoa! who else not interested in this? example you deposited 1 BTC and 10 days you get 1 BTC Back, And after that moment, you will get more BTCs!.
Even when it's so obvious that it is a ponzi scheme, not few of bitcoiners got scammed here. Lucky i'm not investing there. According to some Auroramine investor, they can only withdraw from this site 11 times, on your 12 withdrawal, it will do nothing when you press withdraw. auroramine service launched around 29 sept -1 oct (I dont know exact), some of them who register at day one service, sharing their profit experience there, but, their profit is other's loss who is new in auroramine. their site is unable to be reached on 22 october 2017, which cause all auroramine investor panic.
How to avoid being scammed?
1.If you want to get safe cloud bitcoin mining, use this site as reference, or research more data about mining place you want to rent.
2.Don't be easily attracted to a high daily ROI percentage site, just think about offer that a site offers to you, example, site HYIPNOSCAMREALLY.com offer you daily $5 if you invest on them $10, applies multiply. So, it makes no sense, and it obviously a scam.
3.Ask friend or bitcoin forum about a site, to make sure. Some exchanger online provides free chat room facility, which you can ask them about a site you want to use.
4.Do offline mining. Yes, there are no risk when you do offline mining, with a GPU or any antminer in your home, just remember to calculate the electricy fee and room temperature.
From this incident, we must be wary of Cheap mining, High yield investment program, or any thing that is suspicious enough. be a smart and wise bitcoiners. have a good day.
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