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Cryptocurrency scams tend to become prevalent when the price of Bitcoin rises significantly. With so many unsuspecting new people joining the field, they often come across these scam companies. It’s up to you to protect yourself and decide if it’s a scam. Victims of these scams have little recourse as Bitcoin transactions are irreversible. Passive Bitcoin income (or investment) fraud is rampant in the Bitcoin mining space. These scams usually require you to invest money upfront to buy a Bitcoin “mining contract”. In return, you receive a guaranteed stream of income SLUSH POOL IMPERSONATOR Slush Pool is the oldest and most respected Bitcoin mining pool. Unfortunately, many scammers use our name to justify the investment scams they carry out. Slush Pool never asks you to pay. There are no official slush pool advisors offering specific “investment opportunities” on the internet. Unfortunately, some scammers have used his Slush Pool name to steal bitcoins from unsuspecting individuals, here we uncover some scams and explain how to spot them To do. GUARANTEED RETURN Bitcoin mining is a complicated process. Predetermining the exact return on an investment is almost impossible. Various variables play a role, such as: B. Mining Difficulty and Current Bitcoin Price. Many of them are completely out of your control and all affect your bottom line. So anyone who promises a guaranteed return upfront is a big red flag. Mining scam recovery is possible by cross checking the report, asset and account details. If you buy a cryptocurrency mining contract and have your mining hosted by another company, a more justifiable investment in return for your investment. Indicates the amount of hash power received. When purchasing bitcoin mining equipment for your own operations, we recommend that you purchase directly from the manufacturer or from a reputable and trusted reseller. SCAM ...

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