ETHOnline Review: LEGIT CRYPTO MINING?

OFFICIAL SCAM URL: ethonline.io

Cryptocurrency mining can definitely be quite profitable. The ETHOnline system would have you think that you can make a huge ROI by investing in their Ethereum mine operation. However, we have some serious doubts here, which is why we are here today doing this ETHOnline scam review.

ETHOnline System – GARBAGE WEBSITE!

The first thing that came to our attention right away about this ETHOnline investment program is that the website itself is total garbage. When something like this crypto mining app is said to be so highly profitable, we do expect the website to be top notch. After all, there should be a fair amount of money lying around to create at least a half decent website. However, the site for this program looks like garbage.

It looks as though it was developed by a 5 year old child using a computer for the first time. On this same note, this child did not know how to spell properly either, because the website is full of spelling and grammar errors. Folks, do you really want to trust your hard earned Ethereum with people that do not even know how to spell properly? While this is not an inherent sign that there is a scam afoot, it does show that the ETHOnline system is very unreliable and run by people whose brains are not operating at full capacity.

ETHOnline Mining System – TOTALLY ANONYMOUS!

Perhaps the most suspicious aspect of this ETHOnline mining program is the fact that it is completely faceless and anonymous. Not once on the website are we ever informed of who is in charge here. We are never provided with info in regards to the creators, leaders, or owners of this Ethereum mining application. This is super suspicious to say the very least.

Whenever we come across any kind of anonymous program related to crypto investments, we automatically think twice. Folks, unless there is something illegal and shady going on here, there is just no good reason for these guys to keep their identities hidden. The only reason why they are choosing to stay hidden in a shroud of anonymity is because they are stealing money from innocent traders and crypto investors.

On that same note, we are also not provided with any contact details. Furthermore, we looked up the ETHOnline company, and guess what, it is not registered at all. This is not a legal company and it is not registered or incorporated in the UK, or in any other country for that matter. Besides on this website, the ETHOnline system does not actually exist at all.

This also means that it is totally unlicensed to take investments from people. Seeing as there is absolutely no transparency here, and seeing as the company is not real on paper, there is no way that these crooks have a license to accept investments from people. Sure, they will still take your money, or to be exact, your Ethereum, but they are simply stealing it, not using it to fund a mining operation, and they are surely not providing investors with payouts at all.

ETHOnline Software – NO EVIDENCE OF MINING!

The other big issue that we have with this ETHOnline investment system is the fact that there is literally zero evidence that any Ethereum mining ever happens at all. Yes, we are told that this is how our ROI is generated, but other than that, there is literally no useful info provided to us at all.

What is the hash rate? Where is the mining operation set up? How much of our ROI is reinvested into the operation? How much of the mining profits do we actually get? What are the overhead costs for the operation? These are all questions that we definitely need answers to if we are to trust the ETHOnline app, questions that remain wholly unanswered.

ETHOnline Mining Software – IMPOSSIBLE PAYOUTS!

Something that almost makes us laugh here is that we are told that this ETHOnline mining program can generate up to 0.8 Ethereum per day, every single day, all with an investment of 10 Ethereum to begin with. One Ethereum is currently worth just over 300 USD, which means that you should be able to make your money back within 10 days after your initial investment. Now, while the rate of gain is not super high, at least not unbelievably so, the fact of the matter is that there is no evidence that any mining actually goes on here.

We have talked to quite a few people out there and they all say the same thing. They have invested their Ethereum into this ETHOnline software, but no returns ever materialized at all. In other words, these crooks promise a free $300 per day, but never deliver any results whatsoever. Clearly these crooks are just stealing Ethereum from people without ever paying anything back. This is a scam and your Ethereum wallet is the target. The payouts are fairly unrealistic, but either way, they don’t exist anyway.

ETHOnline Mining Scam – PONZI & PYRAMID SCHEME!

The other thing that needs to be said here is that the ETHOnline system is clearly both a Ponzi scheme and a pyramid scheme. First off, in terms of it being a Ponzi scheme, these kinds of schemes promise big payouts on little investments, they guarantee returns, and they steal your money just before they disappear into thin air. This is exactly what is going on with the ETHOnline app, and therefore it is a Ponzi scheme.

Moreover, this is most definitely a pyramid scheme as well. Now, a pyramid scheme is not technically illegal. They just recruit people to sell their junk. In the case of the ETHOnline program, they promise to provide you with a 40% affiliate bonus if you get your friends and family to invest. Not only is a 40% bonus unrealistically high, something that would never happen, but nobody has ever gotten these bonuses anyway. It is just another way for these criminals to widen their reach and screw even more people out of their money.

ETHOnline Review – Conclusion

There is nothing left to say about this ETHOnline scam other than that it is a complete rip off. It is meant to steal Ethereum and cash from people, which is exactly what it will do to you if you get mixed up with it.

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