A new cryptocurrency mining platform known as Minelab.bz has entered the market with its claims of giving 3% daily returns on investment on its platform.
In this post, we are going to review Minelab.bz and let you know if it is a legitimate website or not.
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What is Minelab.bz?
Minelab.bz is an online cryptocurrency mining platform that allows you to mine different cryptocurrency tokens such as Bitcoin, Ethereum, and a lot more. It also offers an affiliate program that allows its users to earn more money.
There is no information available about the founders or headquarters of Minelab.bz
According to SimilarWeb, the total visits on Minelab.bz are 1M+ with the top countries reaching Ukraine (12%), Turkey (7%), and Brazil (7%). Moreover, its domain was last updated on July 2023, as per WHOIS.
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|Services offered||Cryptocurrency mining|
|Domain registration date||29 May 2023|
|Address||7a Canalside Square, London, England, N1 7FJ|
|Contact e-mail||[email protected]|
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After investigating the business model and website profile of Minelab.bz on the internet, we found several red flags in it. Let’s take a look at it:
- No information available about the founders
- Suspected Ponzi scheme
- Lack of transparency
- No retailable products
- Unrealistic returns
The main concern with Minelab.bz is the founder’s anonymity; you don’t want to invest in a company whose owner you don’t know. Other warning signs include the company’s lack of openness and its business plan.
Furthermore, its business plan implies that it is nothing more than a Ponzi scheme scam, in which the anonymous operator will escape with a sizable sum of money while the customers lose a significant amount of money when it collapses in the future.
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Who is the operator of Minelab.bz?
There is no information available about the operators of Minelab.bz
From where Minelab.bz is operating?
Minelab.bz is operating from London, England.
Is Minelab.bz legit?
No, Minelab.bz doesn’t appear to be a legitimate website.
Should I use the services of Minelab.bz?
Yes, you can use the services of Minelab.bz but at your own risk.
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