Bitcoin Scam Site Warning – UfoMiners

Bitcoin mining hardware manufacturers are not easy to come by. Despite that common knowledge, various companies claim to offer some lightning fast miners at rather low costs. UFOMiners certainly falls into this latter category, as this company seems to be an outright scam. Moreover, the products listed on their pages raise a lot more questions than they provide answers.

UfoMiners Shows How Not To Do Things

When looking over the Ufominers website, one may almost think he had stumbled upon a new company selling Bitcoin cloud mining. That is not the case, however, as this site was designed to showcase and sell physical Bitcoin miners. Unfortunately, their products are rather dubious at best, and the specs do not seem to add up correctly.

Take a look at their NekrosMiner, for example, which allegedly mines at 85 TH/s. This is quite a decent speed for a miner, although it is an upfront investment of US$4,800 that would be virtually impossible to recover. There is also a pre-installed operating system and mining software, which raises particular red flags regarding compromised devices.

But that is not the most worrying part about this product. For some unknown reason, the “manufacturers” include a 9,000W power

Read more ... source: TheBitcoinNews

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