Legit Cloud Mining That Pays. Review.

By lioha369 | lioha0x | 7 Jul 2020


Hello crypto enthusiasts! Today I'm gonna review a company that offers cloud mining services. I know many of you are ready to skip this page because cloud mining is closely associated with a scam. Agree, I have been scammed myself by few cloud mining "companies" and seen many becoming scams within a couple of weeks. Nevertheless, I believe that this company is legit for many reasons, just read below. I wouldn't bother myself to make a review for a scam.

 

The company: Vixes 

Vixes is a mining farm located in Australia and was set up by a team of crypto enthusiasts like me and you. Their goal was to make mining available and profitable for everyone. A friendly user interface of the website allows you to easily navigate between sections. They offer three algorithms for mining, each one of them allows you to mine certain cryptocurrencies. You can test their platform for free as the company gives you free hash power worth of $3 upon registration (SCRYPT algorithm). After reading the review you can register for free by following this link. But for now, let's have a better look at what they offer.

 

Algorithms:

SHA-256. With this algorithm, you can mine four different coins. These are Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Satoshi Version (BSV) and Digibyte (DGB)

All screenshots are from my account at random times

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SCRYPT. With this algorithm, you can mine the following  coins: Litecoin (LTC), Syscoin (SYS), Verge coin (XVG) and Dogecoin (DOGE)

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ETHASH. The last algorithm allows you to mine Ethereum (ETH) and Ethereum Classic (ETC)

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You can mine multiple coins at the same time as the site gives the possibility to share your total hash power among different coins. Of course, you can withdraw your mined coins when you reach the minimum amount but you can also reinvest and buy more hash power. I have done both, see screenshots. The first 3 purchases are from my pocket, the rest is what I mined.

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The profit varies from 1% to 3% daily depending mainly on the investment amount, but also on the cryptocurrency price, and the mining difficulty. Meaning that it takes an average of three months to return your investment and have pure profit thereafter. 

You can invest and withdraw using any from the crypto coins offered for mining, except for that they offer EURO and USD withdrawals through Payeer and PerfectMoney services and USDC tokens. Additionally, there is an exchange section on the website when you can trade your mined coins for fiat money (EUR/USD) and USDC. 

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In my opinion, the company is legit and worth investing some of your extra cash or crypto. It is paying (see screenshot above), requests are processed within 24 hours. Their support is working and responding promptly. One feature which none of the scammers offered is that they provide 24/7 live coverage of their mining farm. In this room, we can see more than 500 ASIC miners and not only, you can also see people working there from time to time, and this is not the only one, member of staff confirmed that there are few more mining rooms with equipment. Below you can see the statistics of their users base, investments, and hash power.

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I keep an eye on this company since its 20th day of work, on day 80 I decided to invest my first 0.001 BTC, and after a month and a half, another 0.01 BTC.  My average daily profitability now is 1,4%, meaning that I will get my investment back in roughly 2-3  months. I did the math for you. My total investment was 0.011 BTC plus a $3 registration bonus. So far I have mined the total of 4271 DOGE (3026 withdrawn and 1245 reinvested), 0.0025 BTC (0.002 withdrawn and 0.0005 reinvested), 0.112 ETH (0.071 withdrawn and 0.041 reinvested), 0.0165 BCH and 0.54 ETC withdrawn and 0.016 BSV reinvested. I didn't include my currently mined coins, they are worth about $15 at the moment. When I made my main investment of 0.01 BTC on May 10th, the Bitcoin price was around 8000. Meaning that roughly I invested $90 and my return so far is approximately $70 with today's market rates (total of mined coins, not everything was withdrawn!). Within two months I have returned my initial investment by 2/3. At this pace, I will start enjoying 100% passive profit before the end of this month.

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According to their official telegram channel, Vixes recently entered the TOP-3 in the general credit rating of long-term debt mining companies, which was compiled by the international rating agency Moody's. Additionally, they seem to expand their business as they announced their partnership with CoinJar, an Australian company that helps to make financial transactions with cryptocurrencies throughout Australia. Based on the latest information from a member of staff, they plan to install mining farms in other countries, probably with cheaper electricity than in Australia. 

I'm sure this was helpful for someone of you. You can support me by registering here. The company will share with me a small part of its revenue if you purchase mining power. Happy mining! Peace!

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lioha369
lioha369

Crypto enthusiast. Not an advisor. Sharing my thoughts.


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