HowellBit pretends to be the biggest mining company that is using modified ASIC devices, so it can generate big profits.
With their investment plans you can allegedly get more than 100% of your investment in profits every day. Really?
So, anybody claiming they can make 745% in 5 days in mining are scammers, period. This has been never possible, even when prices of cryptos were at their peaks in December and January.
But as you can see on our picture, HowellBit doesn’t have a licence, and this means that it is an illegal operation.
How it really works
HowellBit is in reality a Ponzi scheme, there is no mining going on. It means that profits are paid with new deposits and this scheme will collapse the day when withdrawals exceed deposits.
This is how all these scams end, there is no other way.
HowellBit is a scam that has nothing to do with mining, you have to stay away from it!
It is very hard to make money in mining these days, but if you really are interested in cryptocurrencies, you can try trading them. In this case start on a free demo with a regulated broker.
Please understand that in trading you can make, but also lose money, so be careful and responsible.