Coin Reserve supposedly is a crypto mining service that is offering investment plans, so that you can profit from its mining activities.
It allegedly will pay you a 0.15% interest per hour, which means 3.6% per day and 108% per month. Can you really double your money every month in crypto mining?
Nowadays crypto mining is barely profitable because of the low crypto prices and high mining costs. That’s reality.
This means that anybody offering you 0.15% and claiming that it comes from mining, is a liar and a scammer. CoinReserve is a scam.
How it really works
It’s clear that CoinReserve is a Ponzi scheme. It means that it is an illegal financial scheme that collects money from people and might redistribute some of it on profits, but is doomed to collapse soon.
We see tons of these Ponzi scheme come and go, the only people who always make money with them are those who run them. It is a tool for taking money from ordinary people and giving it to scammers.
CoinReserve is an ordinary scam that doesn’t do crypto mining, it just runs an illegal financial scheme. Stay away from it!
Forget about cloud mining, currently it is not profitable. You can try crypto trading instead, a free demo account is available for that purpose.
If you later decide to trade with real money, be sure to understand the risks and have a solid strategy.