AWS Mining Review is a must read on this blog for every miner seeking to mine and save their digital currencies. Note that we are not trying to endorse this mining website, rather we want to make examine and evaluate the AWS website and its services and that is the reason why we came up with AWS Mining Review.
With the birth of new cryptocurrency mining platforms, it is important for cryptocurrency traders to read and find out the details and background on cryptocurrency mining platforms before they invest and mine their crypto coins and other e-currencies. Having taken a critical look and examination at the AMS Mining website, I decided to make a review about it so that cryptocurrency traders should have knowledge of the cryptocurrency mining website before they get to trade and mine their bitcoins and other crypto coins. In this week’s post, you will about the AWS Mining review, AWS mining website, AWS Mining fees, and charges, is it a scam or legit, is it a profitable cryptocurrency mining website or is AWS Mining lying about their business operation? Find out as you read more on this post.
What is Cryptocurrency Mining?
Cryptocurrency Mining refers to a system of processing cryptocurrency and e-currency transactions. Cryptocurrency miners get rewarded whenever the process a crypto transaction and solve a new block in the mining website. Mining cryptocurrency can get difficult for people because it involves solving mathematical and arithmetic problems; these mathematical problems get harder and difficult with time. As the mining difficulty increases, the miner will need a faster and reliable technology to process and mine his cryptocurrency coins.
Mining cryptocurrency coins are just mining precious items just like gold, silver or diamond at a mountain. For instance, when you start digging for precious stone in a mountain, its gets easy at first, but as time goes on, you will receive a more advanced equipment or tool because the more you mine, the more the process gets difficult and dangerous for you. The same thing applies to cryptocurrency mining, the more you mine, the harder it gets.
READ MORE: DogeMiner Review: Best Wallet To Mine DOGE
The AWS company offers a mining platform for miners to mine and perform on types of cryptocurrency mining operations.
AMS Mining Review: About The Company
AWS Mining is an Australian based company which provides mining services for cryptocurrency traders and miners. AWS Mining is a cloud mining website which offers cloud mining services of cryptocurrency and digital currencies in a secured and safe mining platform.
The AWS mining company is owned by a company known as WS Mining Pty Ltd, they manage a total of 19,300 cryptocurrency mining computers and also have data centers available in China, Paraguay and Mongolia.
AWS Mining offers cloud mining services to her clients at a little investment which costs $40 (USD), miners can start mining from 0.1 Th/s.
There are 3 videos posted on the cloud mining website which displays and shows their data centers in Paraguay, China, and Mongolia. The Australian based company claims to have left Australia but they still give an Australian business address to miners. They have their main offices in Australia and some other offices in China.
Before making this post on AWS Mining review. We took a critical look at their website and discovered that AWS Mining has shown some level of transparency on their website by showing their mining rigs and the different places which they are operating from. The question of the lips of people is if AWS Mining is real? Can they actually give you returns out of your contract?
AWS Mining Review: Customer Care Support
AWS Mining provides an email address and a phone number for people to contact their support department. It is extremely difficult to find a cryptocurrency cloud mining website which provides a phone support to its customers and clients. Its a plus for AWS Mining as they provide a business phone support for customers to reach out to them because it will make them get the trust of people. However, this should not make people trust them instantly.
AWS Mining Review: Features of The Mining Platform
They have 3 data centers located in China, Mongolia, and Paraguay.
It costs $40 for lifetime cryptocurrency mining and trading.
AWS is not a free mining platform, you have to invest to start using the platform.
They have a minimum withdrawal of $30.
Cryptocurrency miners can start mining from 0.1 Th/s on AWS Mining.
They have active social media accounts on Telegram and Facebook.
Their customer care supports phone call service.
AWS Mining is a cloud mining website platform.
AWS Mining Contracts (Crypto Mining Power)
Crypto Mining Power (CMP) refers to the unit which measures the contracted mining power from AWS Mining. There are five (5) different mining contracts on AWS mining which are measured in CMP units. 1 CMP equals $400 (Four hundred US dollars). The basic plan is offered at 0.1 CMP which means that investors can purchase mining contract for $40. The most popular plan on the AWS Mining platform is worth 10 CMP which is equivalent to $4,000 (Four thousand US Dollars).
The AWS Mining company does not give any clue and detail on how miners can really earn on their mining platform. It is not quite clear if these mining contracts will run for a lifetime or if they are only available for a specific duration.
Customer Feedback and Details About AWS Mining Service
They have about 2000 likes on their Facebook page which has received fair ratings from people who seem to use or to have used their service. However, we do not want to believe that all the feedback and review on their page is genuine.
Anyway, I am still scrutinizing and investigating their service since I have a lot of people who have expressed interest to join the AWS Mining website and use their cryptocurrency cloud mining service.
What are the fees?
Normally, mining fees are supposed to be charged on miners cased on the cost of electricity, the price of cryptocurrencies and the mining difficulty.
AWS Mining claims that their mining fees are majorly affected by these factors and that is the reason why they are charging 20% of the mining output of crypto miners.
It is really difficult to anticipate, dictate and predict the actual earnings made from the site because we cannot tell how much 20$ of the mining output would be.
How Does AWS Mining Cryptocurrency Mining Pool Contracts Work?
Once you go to their website homepage. You sign up an account and select an investment plan. As soon as AWS Mining receive your payment, the contract will be added to your mining account. After that, you can start mining immediately your contract has been added to your mining account.
Also, you can also reinvest your earnings by purchasing more mining power with your earnings. Your funds become available for withdrawal in your digital wallet as soon as your mining commissions have been confirmed through the Blockchain network.
AWS Mining currently offers Bitcoins as the only payment payout method. Payouts are generated daily on the AWS Mining website. Withdrawals can be processed on the mining platform every day. Funds must be at a minimum of S$30 before miners can process their withdrawal requests. The reason for the $30 minimum withdrawal is to avoid having its customers to pay high and excessive fees for receiving small payouts in their e-wallets.
AWS Mining Review: Are They Scam or Legit?
With the many scam stories made and published on the Cryptocurrency cloud mining industry, it is getting difficult to tell the true legitimacy and transparency about nay cloud mining company unless the test of time tells us.
It is difficult to tell if they are a scam or not. We have not seen any quality testimonials and proofs from people on withdrawing and cashing out from the AWS Mining platform. There are reviews and feedback on their social media pages but we cannot clearly ascertain and tell if those reviews are genuine or not.
AWS Mining Review: Conclusion
AWS Mining Farms functions like a professional cloud mining company which gives it a genuine outlook. This makes it look legit but that is not enough criteria to judge them since they are not up to 5 years.
The company looks to expand their business operations in other countries of the world. AWS Mining are strategically placed in countries with flexible tax policies and low-cost energy surplus. Over the past 6 months, this mining company has gotten 10,000 new clients and their services are getting interested from thousands of miners and cryptocurrency investors.
My Best Advice For You
I don’t have a conclusive judgement about this mining platform since we haven’t observed them for long. Even the best and perfect cryptocurrency cloud mining platforms can turn into scams overnight. We don’t want to take our chances and advise our reader to try it out unless they are strong to take the risk. Now that you have read this post about AWS Mining Review, I expect you to share and spread the word to other miners.
Happy Mining On The Platform