IQ Mining is a cryptocurrency platform that provides cloud mining services and trading options for cryptocurrencies & Forex. The company was founded in 2016 by a team of blockchain experts and IT engineers, as stated on their site. The platform enables its users to mine over different popular cryptocurrencies, including Etherum, Litecoin, Zcash, Dash, and Monero.
IQ Mining provides its users with an auto-reinvest option, which enables its users to automatically reinvest their mining returns to increase their mining hash power, hence maximizing profits without purchasing an extra contract. Users can also decide to pledge their mining contracts and receive on their trading account one hundred percent of the amount used in purchasing the contract.
IQ Mining also offers three investment packages for its users; Gold Package, Silver Package, and Bronze Package.
The Gold Package comes with a 20% bonus attached to it and can be purchased for a price between 1BTC to 10BTC.
The Silver Package comes with a 10% bonus added to payouts and can be gotten with an investment between 0.1BTC and 1BTC.
While the Bronze Package has no bonus attached to it and can be purchased with about 0.01BTC and 0.1BTC.
Furthermore, users who purchase contracts with a minimum of $50,000 are eligible to become IQ Mining's Diamond Club members, which gives them access to special exclusive benefits. Some of these exclusive benefits include the latest iPhone, a personal account manager, 35% extra hash rates, and the Diamond Club giveaway: Luxury royal Caribbean cruise (twice a year), and 10BTC once a year.
Other vital information about IQ Mining
The platform claims to have data centres in Canada, Russia, Iceland, Georgia, Algeria, and China.
It offers daily payouts to its users with BTC and ETH.
The platform uses smart mining, enabling users to simultaneously mine different altcoins, which are later traded for Bitcoin and deposited into a user's wallet.
Users' investments and profits are secured through smart contracts.
It has a live support service on its website.
It uses vast payment options, including Visa, Mastercard, Bank Wire transfer, Bitcoin, Litecoin, and Dash.
It has many negative reviews online.
Its services are not available for USA residents