Crypto Hardware Retailer Scams

Minersdepo Review: Is Minersdepo.com a Scam?

Minersdepo (Minersdepo.com) is facing serious allegations of delays in shipment. Unfortunately, the store is in the limelight for all the wrong reasons. We have reason to believe your funds are far from safe with the store. Those who buy miners in large quantities pay a heavy fine. You definitely won’t receive your miner if you’re not from Europe. Please find out more in our detailed MINERSDEPO REVIEW.

About Minersdepo

Minersdepo Review

The store claims to be in the Netherlands, Almere to be specific. You get a store that claims to be professional when dealing with and handling miners. It’s far from the truth, as several complaints show the platform delivers faulty miners.

We don’t understand why such a platform would throw away their reputation. During the first days of operation, the store was a darling to the crypto community. However, something did change along the way, and the store is no longer valid.

Those who have engaged with the platform share their mishaps with the store. Most claim the store will try to rip you off once you order. It seems the store has turned against the very customers who buy miners.

And this is a spiral effect that causes buyer’s remorse. As a result, even miners from the Netherlands don’t recommend buying crypto hardware from the store. And this paints a clear picture of what not to expect with the platform.

When dealing with crypto miners, you need to ascertain the specs of the hardware. So we have made it our business to highlight Profitability for all Crypto miners. And this gives you an idea of which ASIC miner works best for you.

Your priority is first to find the right miner. The next step is to choose a store that delivers quality miners. Finally, you need a store that will provide a warranty for the miner and offer affordable prices.

Accessible Miners on Minersdepo

Minersdepo claims to have mining hardware from twelve different stores. Some of these stores don’t even produce miners anymore. We are talking of the likes of FusionSilicon. The store has been below ground for a few months now.

You can also shop miners by coin, which is perfect for expert miners. For a newbie, the store will try to take advantage of you. We strongly believe the store also refurbishes old miners and sells them new ones.

As we publish this post, their most profitable miner is the Bitmain Antminer E9 (3Gh). It’s going for $25,000. But, of course, the most profitable coin is Ethereum and other Ethereum-based coins such as Ethereum Classic.

You should note that you have to pre-order the miner. The problem with this is that the store will try and hike the prices. Once you place an order and make payment, the prices will immediately skyrocket.

Buyers should expect the miner from January to February 2022. After that, it’s all speculation as there’s no word from the manufacturer, Bitmain. And this means the store can increase the prices and demand more from you.

If you want to buy the Bitmain Antminer E9 (3Gh), we suggest checking the specs. Get to know the profitability and warranty stores offer for this miner. You also get to check the prices from different stores and see which suits you best.

Affiliate Program

There’s an affiliate program that promises high returns for members. However, you will notice from ASIC review platforms that none affiliate with the store. The reason is the store will ruin your reputation.

Thanks to the faulty miners, your users will blame you for the losses. Unfortunately, the store doesn’t bother accepting returns. And this is another problem we have to expose. You shouldn’t expect a refund from the store.

Background and History of Miners Depo

Faulty Miners Sold at Minersdepo

According to the about us page, the store has been around since 2017. The store claims to take over the European distribution of Bitmain miners. And this sounds like the store claims to be the official distributor of Bitmain miners.

There’s no official Bitmain miner distributor. All stores want buyers to see them as the go-to store for one of the best manufacturers. The manufacture will caution buyers from buying equipment from all stores.

Business Holder

Information on who owns or runs the store remains hidden from the public eye. So we don’t know whether it’s an entity of a single person who owns the store. And this makes Minersdepo an anonymous online store.

Despite claiming to reside in the Netherlands, we highly doubt it. There’s no physical address of the store. The store also fails to mention even a single employee on the homepage. And this makes it all look suspicious.

It would be best if you bought mining equipment from trusted stores. Avoid buying miners from stores that seem overly cheerful. A professional store will even show you a video presentation of the miner at work.

Client Testimony

To understand what clients are going through, we suggest heading to TrustPilot. Buyers have been venting their anger. Most seem to share the same story of getting faulty miners. Others claim the store is demanding more funds after raising prices.

You will also see a video testimony on their homepage. We believe this is a paid review from a British actor. The store has a low trust score on nearly all independent review sites. You won’t see any positive reviews of the platform.

Complaints Regarding Miners Depo

Contact and support

Another aspect you need to test out before buying a miner is the communication line. It would be best to determine whether a store communicates effectively with clients. With Miners depo, you only have a store that claims to offer live chat support.

We suspect the store is harvesting data from users. For example, once you send your contact details, the store sells them to marketing companies. That’s why your email is getting promotional links from products you didn’t subscribe to.

Depositing and Making Payment with Minersdepo.com

When making payments, the store avails several options, including bank and wire transfers. You can also buy your miner using Crypto. However, the biggest issue is that the platform raises the price after making payment.

You will have to add funds or risk losing your initial payment amount. In addition, the store has brutal terms and conditions. Miners Depo doesn’t offer refunds or accept returns. And this is another reason to stay away from the store.

License and Registration Minersdepo

You would expect the store to have a working permit from Dutch authorities. Sadly, the store fails to get a license to operate. There are no documents to prove that the store complies with regulations.

And this puts consumers at risk. The store doesn’t offer realistic conditions. All liability falls on the buyer which is unacceptable. Even if you get a faulty miner, the store will blame you for it. There’s no consumer protection with the store.

Promotions and Bonuses

Problems of Buying Miners from Minersdepo.com

Several promotions are underway, such as the 30 percent off on all miners. The store also has a special promotion for buying miners in bulk. We have to warn you about buying miners from the store.

Most of these miners have faulty accessories and components. The store will try and mix new and used miners. That’s why once you get a miner from the store, it only works for a few days before complete shutdown.

Verdict

Please stay away from Minersdepo.

It would be best if you also broaden your horizons. Check out the best crypto mining contracts the industry has to offer.

Feel free to leave a comment or drop us an email with any queries.

  1. This one look exactly like https://myminershop.com
    They are also a scam website!!!

    • Yes, Mike, the website design is the same; the only difference is the home logo and the presentation Video. Thanks for pointing it out. Avoid both stores as they are a trap targeting naive Crypto Miner buyers.

      • Also allianceminers.com is administrated by the same guys (they got me)! You should make a report about both sites so that others won’t get scammd.

  2. I DEPOSITED BITCOIN IN A TRADING WEBSITE ,THEN I WANTED TO SELL AND
    WITHDRAW MY FUNDS AND PROFIT FROM THEM, I HAVE MAILED AND MESSAGED
    THEM, BUT NO RESPONSE.. I SEARCH FOR HELP, GOT SCAM BY ONE RECOVERY
    COMPANY, WAS SO SAD… THEN I CAME ACROSS A REVIEW THAT TALKED ABOUT
    PAUL HAZELL A BLOCKCHAIN TECHNICIAN .. I REACHED OUT TO HIM THE SAME
    WAY THE REVIEW WRITER DID. I CAN LITERALLY TELL YOU I NOW HAVE ALL MY
    LOST INVESTMENT FUNDS BACK WITHOUT PAYING ANY UPFRONT FEE… I BELIEVE
    SOMEONE OUT THERE MIGHT BE IN MY PREVIOUS POSITION, I URGE YOU TO SEND
    A DETAILED MAIL TO paulhazell138 gmail com FOR HELP.

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