The Aurora Mine presentation says that it is a professional cloud mining solution. In other words Aurora Mine is renting some mining power. You can buy it, let the hardware mine cryptocurrencies and get the profits.
Aurora Mine says you can get up to 16.7% return on your investment daily. Net, because there is no fee. So, is it real?
Aurora Mine scam
Aurora Mine is just another scam that abuses cryptocurrencies, it has nothing to do with real mining.
The CEO of the company is Harvey Brown. But on the Aurora Mine website there is a fake photo of him, it belongs to somebody else.
Aurora Mine is obviously lying about the identity of the people who are allegedly working for the company.
So, we don’t know who really stand behind it, moreover they accept payments only in bitcoins, that are anonymous and irreversible.
Obvious Ponzi scheme
But the biggest problem with Aurora Mine is the returns up to 16.7% daily. This kind of number is simply impossible in real cryptocurrency mining. Period.
Even without the compounding effect it would mean 500% per month and 6000% per year! Only scams promise such returns, unfortunately.
Aurora Mine obviously is a Ponzi scam, where returns are initially paid out from new deposits. And when there is not enough new deposits, the system collapses. There is no real mining going on, it’s just an illegal financial game.
Aurora Mine promises impossible returns, so it obviously is a Ponzi scheme that does not real cryptocurrency mining. Stay away from it!
If you want to see what returns are really possible with cryptocurrencies, try a free demo account with a regulated broker.
On the demo you can learn and try to build a profitable strategy that could later earn you real money.