This review provides proofs about the bitcoin mining service Coin Net being a scam.
The web presentation says that Coin Net is a bitcoin mining program that can make you money. You are supposed to invest into mining and get the rewards.
They claim they can make you up to 500% per month. Can you really multiply your capital five times in a single month?
Table of Contents
Coin Net scam
The first thing you need to know is that bitcoin mining is not profitable these days. The reason is that the bitcoin price is low and electricity costs relatively high.
There is absolutely no way to make 500% per month in crypto trading. Any program offering such returns is an outrageous scam.
Coin Net is an outrageous scam that will only steal your cryptocurrency.
Fake numbers
Coin Net claims to be operating for seven years, but it is not true.
As you can see on our picture, it was created at the end of 2017.
Fake certificate
On its website Coin Net shows a certificate that is supposed that the company is registered in the UK.
But again, it is a lie. As you can see, the registration number belongs to another company that has nothing to do with cryptocurrencies.
How it works
Coin Net is just a scam that will take your money. Because cryptocurrency transactions are irreversible, nobody will be able to help you to get your money back.
Conclusion
Coin Net is a scam, it is not mining bitcoin, just stealing it from people. Stay away from it.
Mining cryptocurrencies is not profitable, but you can try trading instead. Start on a free demo with a regulated broker to see how it works.
Remember that in financial trading you can make, but also lose money, so be careful.
