Crypto Hardware Retailer Scams

Bestminers Review: Is bestminers.io a scam?

For a store to call itself Bestminers, it better delivers the best possible miners. Unfortunately, that’s not the case with the Best Miners store, as it fails to deliver miners. Those who have bought miners from Bestminers.io are up in arms after shipping issues. After completing the payment, the store was unable to provide miners. And that’s the problem we have with the Bestminers store. It doesn’t deliver on its promise. Here’s what you need to know in our exclusive BESTMINERS REVIEW.

A Complete Analysis of Bestminers

Bestminers claims to be a Swiss-based crypto hardware store on the about us page. However, after the license certificate turned out not to have any links with the store, that’s in question. Instead, it seems the store uses another business license credentials.

Bestminers Sells faulty miners

And that goes to show the extent to which the store will go to fool investors. Those who have signed up with the store and bought miners are in awe. But, after waiting for over two weeks now, these buyers have lost hope.

The website looks appealing and is one of the best store websites we have seen for a while. And that points to a store whose owner has some crypto experience. The website aesthetics lures investors to believe the store is a legit place to buy crypto miners.

PS: Buying a miner requires some thought and knowing what you want. For every miner, ASIC profitability plays a vital role in ensuring this happens. That’s why we insist on knowing these miners’ features before buying one.

Bestminers is a store determined to try and claim the best miner store position. Unfortunately, the store does leave some loopholes for all their effort, which we extensively exploit. These are the owner’s mistakes, believing no one will spot them.

Best Miners is a store that takes up your time and fails to deliver miners. Delivery is a huge issue that points to an exit scam. The store operates under different domains, including bestminers.com. It used to go with before changing to the current domain, bestminers.io.

Experts recommend researching a store first before engaging with it. Try and find out what makes the store a reliable place to buy a miner. You can also reach out and ask for a review, and we would happily oblige.

Advantages and Disadvantages of the Bestminers store

Before buying from any online store, you have to weigh the pros and cons. Try and find out what makes the store tick. And that will often be the game-changer as to which store suits you best. There are several factors to consider, which we will help highlight.

For most buyers, what matters most is the pricing. Recently, we have seen a spike in the number of stores that undersell miners. However, there’s a reason why these stores look affordable in the eyes of buyers, and it’s not what you think.

Such stores try to lure miners into buying the hardware in bulk. Hence, lowering the prices to an extent lower than the manufacturer’s price. Naturally, that attracts lots of buyers as the store claims to deliver them in a quick time.

Sadly, such stores rarely deliver miners or even access the listed miners. Below, we will explain why Bestminers.io is one of the stores to avoid. Here are the features that make buying from Best Miners store a headache;

A list of miners available on the Bestminers store

On their category page, the store seems to have 16 different brands to choose from. These include those from AsicMiners, Bitfury, Bitmain, Canaan, Dayun, Goldshell, iBeLink, etc. The store appears to have every miner imaginable.

We can see the store selling miners that are no longer profitable from these miners. These miners include the Bitmain T17+ and the Bitmain Antminer Z11. We find it hard to believe that such a store would have such miners by now.

Delivery and shipping issues with Bestminers

Another issue with the store is underselling miners. The store seems to undersell miners to attract large-scale or bulk buying. These are some of the pros of a store that are well laid out cons.

What proof do you need that a store does own listed miners? The store could be posting stock images of these brands for all we know. Instead, you must ask for proof via a short video showing the miner in action as a buyer.

You have the right to see what you’re buying. Thanks to the video, buyers get to know the condition and quality of these miners. We insist on having a store with a short video showing these miners in their warehouse.

The store makes another mistake, using the business registry of another store. Despite their attempts to cover it, the Central Business Name Index hall all the data. Again, you can see that the listed firm doesn’t engage in crypto services.

It shows the extent to which the store will go to fool buyers. But, lucky for anyone reading this bestminers.io review, we have you covered. These are some aspects you need to confirm before buying any miner.

Affiliate programs

The store offers an affiliate program to lure more buyers into the fray. The affiliate program targets affiliate marketers who want to get a piece of the profit. For every miner sold, the store promises a 15 percent affiliate commission.

It seems like a plausible way of earning passive income. Before you jump in, there are a few key elements to spot. First, the store rarely releases conversion data of these miners. It seems the store only wants to take advantage of your connections.

Affiliates rely on conversion data to know who has bought miners using their links. But, unfortunately, you can only get to know about your sales if the buyer gets back to you. That’s why we insist on avoiding such affiliates.

Those who you direct to the store end up losing their entire investment. In addition, you end up facing the wrath of victims. These victims may decide to take legal action and take you and the store to court. The law will consider you an accessory to online fraud.

Before you partner with such stores, we recommend doing due diligence. Try and find out whether the store in question delivers miners. Of course, as an affiliate, you have to protect those you direct to the store.

Business holder

Information on who owns the business remains a mystery. The owner uses false credentials to try and fool buyers. And that makes the store an anonymous store. The problem with such stores is that no one gets to recover funds from such.

Buyers experience with Best Miners

Buyer’s guidelines and protection Bestminers

There’s only a privacy policy on the store’s homepage. Buyers don’t get to read the terms and conditions, including the buyer and seller agreement. The store also fails to name the acceptable shipping and return policies.

Most buyers tend to ignore going through such stores. And that makes the store a ridiculous store to invest in. It makes investing with the store a hard bargain to sell for us. You need to read the terms to understand the blueprint of such stores.

Closing remarks on Best Miners

Upon checking the website, we see that Bestminers is a huge issue. So please don’t buy any miner from the bestminer.io store.

PS: You can earn passive income by becoming an active trader using P2P platforms.

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