Asic Mining Option Review: A Scam Operation

Asic Mining Option has all the necessities to become a great cloud mining company. With an alluring name, one would put their trust based on the name itself. Before jumping aboard, there are a few things you need to know about the platform. AsicMiningOption is risking it all by failing to inform users of their true intent. Some of the members are ruing investing with the platform, and we know why. Learn the truth in our ASIC MINING OPTION Review.

When we invest in cloud mining, there’s a rule that must apply to every platform. The cloud mining company must have a solid online reputation and provide real results. And this is why we have come up with a list of some of the best cloud mining companies. Other Crypto experts and we have tested these platforms. With realistic results and safety a guarantee, there’s every reason to sign up with them.

A Closer look at Asic Mining Option

Asic Mining Option is a commercial website and a technological website. The main asset on the platform is Cryptocurrency. With digital currency enjoying more limelight, everyone wants to join in.

There’s every reason for below-par crypto enthusiasts to want a piece of the cake. By claiming to provide cloud mining services, they get an engaged community. After all, everyone wants to own a Crypto.

The design of the website is aesthetically appealing and shows intent on the part of the owner. Whoever is behind the platform knows what they are doing.

Although we don’t like the dark theme, it’s appealing to naïve investors. The platform claims to have already mining rigs set up for operation.

With the name of the platform being Asic, we believe they have ASIC mining equipment. Or that’s what they want us to believe.

Accounts and investment plans Asic Mining Option

Asic Mining Option provides investors with six investment plans to choose from. You won’t ever have to mine crypto. The platform claims you only need to deposit funds and wait for the profit. It all sounds too good to be true as the platform promises daily and monthly earnings.

Starter

The starter account is the most basic, and investors have to deposit a minimum of $500 to get started. There’s a guaranteed daily earning of $15 with this plan, and the contract duration is three months.

Bronze

Members of this plan must deposit $1,500 to start trading with the platform. Daily earnings are set at $45, while monthly earnings are $1,350. The contract duration for the bronze plan is six months.

Silver

For Silver account holders, there’s a guaranteed daily profit of $100. The minimum deposit with this package is set at $2,800. There’s a signed contract whose duration is a year.

Gold

Daily earning with the gold package is set at $300. There’s a minimum deposit of $6,000, and users have to sign a one-year contract.

Platinum

The platinum package comes with a daily guaranteed profit of $600 and a minimum deposit of $10,000. Members must sign a one-year contract duration with this package.

Ultimate

With the ultimate package, daily and monthly earnings are regulated. The minimum deposit for this plan is set at $20,000. To make a contract agreement, users must consult the site’s administrator.

Our verdict on these accounts

All these plans come with an incentive of daily guaranteed profit margins. One has to ask whether the platform meets these margins or not. From our experience, no expert or robot can manage to achieve such a feat.

The market conditions don’t allow anyone to make a consistent profit, even for a week. There have to be some losses in between. The contract terms are not clear despite them seeming convenient for some.

Asic Mining Option License and Registration

Asic Mining Option is not a licensed entity anywhere in the world. They claim to be available in over 158 countries does not refute that they don’t comply with the regulation. There’s no oversight which poses a major problem for investors.

Without oversight, there’s no telling what the people behind this platform might do. We don’t know whether the platform insures funds or is even insured by an insurance agent. The dots don’t connect when it comes to regulation.

At the bottom of their homepage, they claim to reside in Oklahoma, United States. We checked with the Company registrar in the region for stats on the company. There’s no company licensed or registered under the Asic Mining Option name.

What this means is investors are depositing funds to an unregulated entity. It begs the question, who regulates daily and monthly earnings for the ultimate and premium accounts? The platform leaves more questions than answers.

Business owner

As far as the platform’s people go, they don’t share their expertise or skill levels. We don’t know who actually operates and runs the platform. For all we know, they could be using a false U.S address.

Anonymity is a dangerous sign when it comes to online investment platforms. With no actual address, reaching out to the people behind it is a problem. We don’t recommend investing with anonymous platforms.

Contact and support

Today’s investment world dictates availability to all investors 24/7. There’s a live chat option that we believe is bot-managed. The phone number listed rarely goes through, which is another problem.

With the chat being a bot, the response can take longer than normal. Sending an email is the next option that might see a delay in response. The support team is not available on call, especially in the EET time zone.

 Domain records (asicminingoption.com review)

Website records help determine the history of a platform. As we publish the post, the website has been active for 559 days. The exact date the website went live was November 16, 2019. Records also show Netherlands is the IP location of the website.

The name of the registrant has been redacted, with privacy being the reason. There’s another red flag with the server hosting this website. The server also hosts other low-rated cloud mining company websites. Most of the websites on the server have low trust scores with search engines.

How the Asic Mining Option scam works

It all starts with the platform promising daily returns for those willing to have the packages. Investors will want to invest huge sums hoping to get huge rewards in the future. Once they deposit, it’s when the scam starts.

When the time comes to withdraw or the contract ends, the platform shows its true colors. Withdrawing is made impossible by the team behind it. Members get blocked out from their respective accounts.

Safety of funds with Asic Mining Option

With withdrawing being an issue, the safety of funds is out of the question. The platform is anonymous, making it a risky option. Without any oversight, no one is safe from the claws of the people behind it.

Scam or legit Asic Mining Option

Asic Mining Option is a risky platform for anyone who thinks they can profit from it. The packages show an enticing option, and the results show another picture. There’s no one we’ve seen who has made any profit from the platform.

Bottom line

There’s no way we would recommend this platform to anyone. Please stay away from the platform or risk losing it all.

We only use tested platforms that show real results. The list shows the best cloud mining companies to try out.

Feel free to leave a comment or email us with any questions.