SHAMINING Review

SHAMINING Review

SHAMINING is one of the platforms that provides cloud mining services. It is one of the initiatives that has resulted in the establishment of a robust mining farm and the provision of convenient mining services to crypto enthusiasts. Learn to mine Bitcoin without spending a lot of money on high-powered equipment

The SHAMINING review explains more about the concept, how it works, and the platform's positive and negative aspects.

What is SHAMINING?

SHAMINING is a cloud mining platform that allows anyone to start mining cryptocurrencies for a little charge, even if they have no technical knowledge. Everyone can use the cloud mining services provided by the company, which was created in 2018 by IT and cryptocurrency experts. It operates a mining farm with powerful computers and rents out miners to anyone interested in profiting from cryptocurrencies. San Jose (California, USA), London (UK), and Capetown (South Africa) are the company's three data centers (South Africa).

Over 17,000 investors have already joined the project, and they are profiting on a daily basis. The minimum deposit to begin mining is simply $150 USD, and the platform's average income multiplier is 1.43x. The gaming and animation aspects incorporated in the mining process make SHAMINING exceptionally attractive.

How to Get Started

Previously, mining cryptocurrencies required strong computers and an energy source; now, cloud mining systems like SHAMINING allow investors to earn money by following three simple steps:

How to Get Started
  • Create an account and complete the verification process.
  • Rent a miner and make a profit.
  • Regularly receive income, keep track of statistics, and take profits.

The method takes very little time, and you may begin mining practically immediately.

A Register button can be found in the upper right corner. Users must submit their full name, phone number, email address, and password, as well as agree to the Terms and Conditions and Privacy Policy, and confirm their registration by clicking the link in the email.

After completing the registration, an investor should log into his account, click the 'Add miner' option, customize the settings to his liking, and complete the procedure by paying for the contract.

Customer Reviews

After posting the review, we began to receive messages from our users that the site could be a scam.

Please edit the page about the shamining.com cloud mining platform. If you investigate further for example the bad reviews on trustpilot, company address, automatically generated reviews etc. You will see that this is a scam that pays out in the first few months and after that takes your money. Please edit your website to safe people from this!

Profitability

The platform ensures a high profit margin, which varies depending on the contract selected. At the time, there are three types of contracts available on SHAMINING:

Profitability
  • CPU miners with a total processing speed of 23,580 Gh/s. This contract provides a 143 percent profit margin and costs $0.0120 per 1 GH/s. The daily maintenance charge is $0.0108 per 1 GH/s.
  • CPU miners with a 94,340 Gh/s processing speed. This contract provides a 149 percent profit margin and costs $0.0113 per 1 GH/s. The daily maintenance charge is $0.0106 per 1 GH/s.
  • ASIC miners have a 235,849 Gh/s processing speed. This contract provides a 156 percent profit margin and costs $0.0109 per 1 GH/s. The daily maintenance charge is $0.0104 per 1 GH/s.

If you contact customer service, you may also arrange a custom contract with specific criteria. Any contract has a one-year length.

Beginner investors may struggle with contract selection, so they can use the website's income calculator to see how much money they can make.

Customer service

Because many investors are afraid of losing money making an investment, SHAMINING provides a helpful customer care service that speaks English and German. It is possible to contact its representatives ([email protected]) or through the live chat function in the bottom right corner, which is available 24 hours a day, 7 days a week. Urgent queries can be asked in a chat, while more serious issues can be emailed to official office representatives

Pros and Cons

SHAMINING is one of several cloud mining services available today, and it, like its competitors, offers both advantages and disadvantages. The following are some of the advantages of SHAMINING:

Pros

Cons

  • The simplicity with which the mining procedure can be completed;
  • You only need a minimum of $150 USD to start mining.
  • Customer service is available around the clock;
  • Various deposit and withdrawal options (Visa, MasterCard, bank wire transfer, Bitcoin, Qiwi) are supported.
  • Only 0.001 BTC is the minimum withdrawal
  • Miners who are animated;
  • Statistics are available seven days a week, 24 hours a day;
  • Website interface that is easy to use;
  • Regulated and secure.
  • Contracts that are different.
  • Only Bitcoin mining is possible;
  • The requirement of sharing personal information in order to complete the verification process;
  • Because mining entails risk, abrupt changes in asset prices may result in losses.

Conclusion

SHAMINING is a regulated cloud mining platform with a payback period of less than a year. With a small investment, even beginners can start mining Bitcoin there.

However, user reviews are mixed, so be careful and think twice before investing your money anywhere.

Jack Evans

About the author

I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments. 

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