BT-Miners (bt-miners.com) must stand out as one of the more renowned shoddy stores. BT Miners has, over the years, had more changes to their name than any other store. The change is as a result of buyers trashing their mining equipment. As a result, you won’t get the miner in mint condition, and most accessories are missing. In addition, there are shipping delay complaints and overpricing. Here’s what we found out in our detailed BT-MINERS REVIEW.
A Brief Analysis of BT-Miners
It claims to be one of the largest Crypto hardware distributors in China and the United States. What’s funny is that the platform tends to lean more on offline sales. BT-Miners claims to deal with leading brands such as Bitmain, Innosilicon, and MicroBT miners.
All this is an attempt to try and make the platform appear legit. Instead, you get a platform that fails to deliver on its promise. What you have is a platform that won’t bother following your order. Most buyers have lost their funds with the BT Miners.
Once you make payment, the platform will likely hike the miner’s price. Those who buy in bulk are ruing the decision. The platform will increase the costs to even 10 percent more. And this is unacceptable.
We must expose the platform for failing to adhere to common decency. The platform fails to deliver the right miner with no PSU. You don’t believe us, try and check out other independent reviews.
Buying a miner should be straightforward. And this means having a platform that has a proven track record. We recommend going for miners with proven stores. An excellent example would be the Innosilicon ALL Pro ETH Miner. Check out the profitability stats of this ASIC machine.
Your priority is to check the profitability of a miner before buying it. Also, try to find out the miner’s warranty and a return policy. Unfortunately, these are some features that most buyers fail to check.
Accessible ASIC Miners with BT-Miners
BT-Miners claims to have the Bitmain S19J Pro Antminer. Unfortunately, most stores don’t have it as it’s out of stock. There’s no way the store could have such a hot miner. And this is where we start seeing red flags.
The platform will claim to have the miner in their store. Once you place an order and make payment, you get a confirmation email. The email claims the platform is processing your order, and shipping is within two to four weeks.
During the waiting period, the price of Bitcoin might increase. The platform will take full advantage of it and hike the cost of the already bought miner. Then, you get an email asking you to transfer the balance.
The platform won’t refund you if you cancel the order. According to them, once you make payment, the platform doesn’t accept cancelations. These are the problems facing most buyers within the platform.
You will also find that the platform sells used miners for the price of a new one. An excellent example is their Dogecoin and Litecoin miners. The Goldshell LT5 is going for $9,900, and it’s a used miner.
We recommend you buy a new miner for that price. Check out the profitability and specs of the Goldshell LT5 and buy it from a trusted vendor. You don’t need to buy a used miner when you can get a new miner for the same price.
Those who have already signed up for the affiliate partners have a lot to lose. The platform won’t bother releasing commissions. That’s why you won’t get any reputable stores aligning themselves with BT Miners.
Jayden Carroll is one unlucky affiliate who sent his friends to buy miners with bt-miners.com. Unfortunately, he seems to have lost it as none of the friends received their miners. As a result, his reputation has gone to the dogs.
To add insult to injury, bt-miners.com didn’t release any commissions. Moreover, his affiliate account is unavailable as the platform deleted his credentials. That’s why no reputable store will affiliate with BT Miners.
Available Special Miners and Parts Category
There’s also a category for unique miners and parts. Some of the miners include the Goldshell KD5 and the Goldshell HS5 Handshake. We can also see the Bitmain D7 Dash Coin miner on the list.
You get an Antminer power supply and replacement fans when it comes to special parts. You should note that these miners and parts are not special. The store sells used accessories for the price of new ones.
There’s no problem selling accessories, only that these are not new accessories. Any used accessory will only deter or lower your mining efficiency. So it would be best if you got reliable stores that avail new accessories.
Shenzhen, China, is the name of the place of residency. Unfortunately, we don’t know who owns or runs the platform. What we do know is that China is banning Crypto mining. As we publish this post, most manufacturers are moving to neighboring countries.
And this means that BT-Miners is a non-existent platform. There’s no press statement about their updated place of work. And this means we are dealing with an anonymous crypto retail store. You should avoid such platforms.
Manufacturers who faced the ban have already made statements for transparency. These stores change their location status to inform investors. Those that fail to inform investors about their whereabouts are dealing on murky grounds.
BT-Miners License and Regulation
BT-Miners is not a licensed platform and holds no compliance documents. The business is not on the registry. And this gives the platform leeway to operate as they wish. That’s why there’s no return policy for goods sold.
Consumers need protection from regulators. And this is the reason why the platform fails to get a license. Please ensure you read the terms and conditions of any store before engaging. Try and avoid those that don’t offer refunds and warranties.
Hundreds of buyers have been venting their anger on TrustPilot and other crypto forum groups. BT Miners will delay shipping and increase prices. That’s no way of dealing with buyers.
The platform ought to come clean and sell only used miners at affordable prices. So you can get used miners at reliable prices at reasonable prices. Instead, whatever a greedy store tries to take advantage of crypto-miner buyers.
Contact and customer support
There’s a chat tab where you expect to talk to a chat representative. Instead, you get a response claiming the platform will respond via email. You are to leave your email address and wait for an answer.
We also see two phone numbers, one from Australia and the other from the UK. How could a Chinese-based platform have these phone numbers? We believe the platform is using the services of a virtual phone provider.
The people behind this target crypto miners in the UK and the greater Pacific region. So please don’t fall for their trap and leave your email address. We also suspect the store is harvesting email data from users.
Payment and Shipping
BT Miners accepts crypto payments. You can also use bank and wire transfers. Sadly, those who use wire transfers know that the platform didn’t receive funds. The truth is, they did, and BT Miners wants to take your money.
Verdict on bt-miners.com
You now know better; stay away from BT-MINERS.
Try joining reliable mining pools that guarantee profit after the vesting period. It’s a credible way to invest in crypto mining.
If you have any queries, feel free to drop a comment or write to us.