Review Scam or Legit Bitcoin Mining Beware!

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Coin Net Mining Review: Scam or legit? claims it could make you good profits from bitcoin mining. How true is this? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review of, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

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What Is Coin Net Mining is allegedly a cryptocurrency mining venture that offers astronomical ROIs for a 1 month investment. According to the information on their web page, they have over 21,200,000 transactions, with almost 2 million investors. They are allegedly registered in the England with the following number-6383421.

Is Coin Net Mining Trustworthy

From our investigations, we are convinced beyond doubt that Coin Net Mining is not a place for you. First and formost, the returns they offer is quite ridiculous. Below are other reasons why you should stay away from

  • The company number provided is that of another company located in China- Coin Net, and has no relation with Coin Net Mining.
  • They are an anonymous lot. After thorough investigation we couldnt find out who is behind this platform.
  • They have no physical address with which they can be reached.
  • Report of Theft- A lot of customers have made complaint on how they were scammed in this platform.

OUR VERDICT- SCAM ! Stay Away from


Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section. Review – Investor “Scammed out of $40,000!”

After receiving correspondence from a day trader who lost over $23,000 to the slick operators behind the scenes of Coinnet, we knew it was time to investigate into this shady investment operation.

Coinnet, hosted at, is a highly deceptive Bitcoin mining scam that promotes highly unrealistic income guarantees for cryptocurrency enthusiasts who are looking to make money online.

Projected monthly ROIs with Coinnet start at 300% and require a minimum deposit of $500.

To find out more regarding Coinnet and WHY you should AVOID this dangerous cryptocurrency scam, we invite you to read our factual and comprehensive review below.

What is Coin Net Mining?

Coinnet is presented as a legitimate cryptocurrency mining venture that offers astronomical ROIs for a 1 month investment.

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During the time of writing this review, Coin Net Mining allegedly had completed over 21,200,000 transactions to date while catering their platform to over 2.2 million investors world-wide.

To add to their bold claims, states that they have been online for 7 years and have 2 mining farms to date.

Below are the 2 investment packages currently offered at

Regular Package

Return: 300%

Duration: 1 month

Investment: $500

Premium Package

Return: 500%

Duration : 1 month

Investment: $2,500

Bitcoin, Ethereum, Bitcoin Cash and Litecoin are the only accepted payment forms available at

Who is Behind

According to their FAQ, Coin Net is a private mining company that operates with the AntMiner S9 and with the “best BITCOIN MINING POOL.”

The only way to reach out to the operators behind Coinnet would be through [email protected], [email protected] or [email protected]

No reference to a physical address, telephone address or verifiable ownership information can be found at

Disclosed in the footer of their site is a vaguely uploaded image of a company document that allows people to make out that Coin Net Mining (the alleged company behind is a registered company for England and Wales which can be verified through Company Number 6383421.

However, when you search this corporate entity across UK business registers, the entity does not appear to exist.

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Domain Insight was registered on November 13th, 2020 by the organization Coin Net, which is based out of Shangai, China.

What we found suspicious would be why only makes reference to “Coin Net Mining,” not solely Coin Net.

We tried searching Coin Net Mining along with their alleged company number of 6383421 across search engines, but we were unable to find any matches verifying the legitimacy of “Coin Net Mining.” stated that they supported over 2 million investors, yet their site failed to secure any web-rankings, which likely indicates that their site actually receives little to no traffic at all.

Coinnet Scam Complaints does not reflect much of a presence across the web, which could be why their misleading Bitcoin mining scheme may be lasting as long as it is.

Our attention wasn’t drawn towards Coinnet until one of our readers reached out to us to share their experience and asked us to warn the public.

Attached in the image below is a copy of the email with the day traders experience.

Red Flags & Question Marks

Lack of Transparency

Before you invest you should always know who is at the helm of the venture in case things don’t go according to plan . only refers to “Coin Net Mining,” yet research indicates a different entity of Coin Net to be the existing entity.

They state they are a UK based corporation, yet our investigation quickly debunked that, while their site failed to provide any verifiable forms of contact such as a physical address or something as simple as a telephone number!

Unrealistic ROIs

The return-on-investments asserted by Coinnet are completely unrealistic.

Claiming that you can generate returns of 300% to 500% within a months period is absolutely ludicrous, even if it is generated by “Bitcoin mining” done by Coinnet.

No reference to the location of Coinnet data centers are shared, what a surprise.

Report of Theft

The only community feedback that is available regarding Coinnet would be from a day trader who suffered serious financial loss at the hands of Coinnet and their slick account managers.

Why invest into a platform that is not only shady but unverified across the community?

Is Trustworthy?

Coinnet is certainly not a trustworthy Bitcoin mining operation. Scam Ruling

Coinnet is a classic example of a cryptocurrency scam targeted unsuspecting Bitcoin enthusiasts.

Allegedly functioning as a private mining company, Coinnet is built upon fabricated lies which quickly unravel when you connect enough dots.

Don’t believe the promise of rich reward through minimum effort, remember if it sounds too good to be true then it probably is!

Verdict: Coinnet is a SCAM!

Blacklisted Site:

We invite you to share any experiences, insight or feedback you may have below!



The CoinsEXT mining operation might seem profitable upon first glance, but it is just another lowdown scam. The mining of BTC, ETH, and Litecoin might be profitable if you have the right mining operation, which the CoinsEXT app certainly is not. yes, cryptocurrencies are worth a whole lot of money.

However, if you are using a mining scam like this to try and make money, you won’t ever make a profit. The CoinsEXT app is specifically meant to steal money from you, not to help you make it. There is absolutely no proof that this system is profitable in the least. However, there seems to be plenty of evidence which confirms that this crypto mining operation is just another big rip off. This is our CoinsEXT review and we are here to shut this scam down once and for all! Rest assured folks, you won’t be making any money with this ridiculous crypto mining scam.


For one, there is absolutely no evidence of any mining going on here. The CoinsEXT system promises to mine Bitcoin, Litecoin, and Ethereum. However, we are never told where this mining happens, what the mining capability is like, or anything else of importance.

It takes a whole lot of hardware, space, energy, and programming to engage in crypto mining. This is especially true when mining for more than one type of crypto coin. We cannot trust this CoinsEXT mining app because there is literally no evidence or proof that any mining ever happens here. We want to see real evidence of mining going on!

CoinsEXT Software – ANONYMOUS!

The CoinsEXT mining scam is 100% anonymous, yet another telltale sign that there is a scam going on here. How we are supposed to trust our investment with this system when we do not know who is actually in charge of it all? If this were the real deal, a legit mining operation, the owners would have no problem tell us who they are.

The only reason for these guys to stay anonymous is because something illegal is going on. We know for a fact that these crooks steal money from people, so it is no wonder why they are trying to keep their identities a secret. We have said it before and will say it again. You just cannot trust any kind of anonymous crypto mining or trading system, not ever.


Another red flag that we came across is that the CoinsEXT LTD company is actually totally fake. These guys show us some kind of registration certificate, but it is totally fake. It did not take much research on our behalf to figure out that this CoinsEXT LTD business is not real. The certificate is fabricated.

This company is not registered or incorporated at all. The address and contact details given are completely phony as well. As far as we can tell, this business is totally non-existent, beside the website of course. This also means that this app is unlicensed. In other words, these crooks do not have the right to take your investments. If they take money from you, they are doing so without legal consent, making this whole crypto mining operation illegal in every way. You can’t just go around taking investments from people with licensing , but that is exactly what is happening here.


We are not even going to get into it here, but the fact of the matter is that the promised profits here are totally ridiculous. We are told that this CoinsEXT mining app can generate over 15% per day in profits. That is impossible. No matter if you are using real mining software or not, you are never going to get a 15% ROI per day.

Life just does not work that way. Heck, you would be lucky to make as much as 1% per day, let alone 15%. It just does not work like that. We have talked to many people out there and they have all said the same thing. The CoinsEXT system is a complete rip off, one that never provides any kind of profits whatsoever. There is also the fact that there is absolutely no proof that there are profits to be made. We have talked to many people out there and they have all lost their money. Not a single person has ever seen any returns here, which is all the proof we need to confirm that this is indeed a complete scam. YOU WILL NEVER MAKE A SINGLE PENNY WITH THIS CoinsEXT MINING SCAM!

CoinsEXT Mining Scam – PONZI SCHEME!

Something else that we know about this CoinsEXT mining scam is that it is also a Ponzi scheme and a pyramid scheme. They promise guaranteed huge returns on small investments, when they actually just steal any money that you invest. Next, these crooks use an affiliate commission program to try and lure more people in. It is all just one big ruse meant to fool you into thinking that this whole operation is legit.

The claim is that you will get a 5% commission if you get friends to invest as well. While this is not technically illegal, these guys never actually hand out any affiliate bonuses, which is illegal. It is false advertising. At any rate, this is just more proof that this CoinsEXT app is indeed a complete money thieving scam. All these crooks are doing is trying to get you do to the heavy lifting, actively scamming your own friends out of their money without you even knowing it. It is an easy way for these criminals to scam you out of money, without them having to do the hard work.

CoinsEXT Scam Review – Conclusion

The bottom line is that the CoinsEXT mining system is nothing more than a dirty, money thieving, and completely illegitimate cryptocurrency mining scam. It is intended to rob you blind, not to help you make money, so just stay away from it!



IMPORTANT: If you have any questions, issues or you experience any problems please email us and we will be glad to assist you. Our contact customer support email is: [email protected] . If you register with this service from our website then you will always have our full free support in case you run into any issues or problems. Remember that you are not alone, with us you will always be safe!

To date, we have settled close to 2,000 trading disputes and we will not stop until we put every last scam out of business! If you have been cheated out of money or scammed by any fraudulent trading service, we encourage you to reach out to our complaint center for free help. If you need help, we will provide it for you!

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