Bitsrapid review

 

 

bitsrapid review

VISIT BITSRAPID

 

 

 

Bitsrapid review summary

The best things is high payouts and free contract. The worst is the transparency and trustfulness.

  • ROI(yearly): 100-300%
  • Mining contract: Lifetime
  • Payouts: Daily
  • Payment methods: Bitcoin
  • Cost: Market price
  • Minimum investment: $6
  • Allcloudminers rating: **(2 of 5)

1. Bitsrapid Company

Bitsrapid is an American cloud mining company. They are established in San Francisco. There is not very much information about the company on their homepage.

 

PLEASE NOTE THAT THIS COMPANY IS LISTED ON OUR DOUBTFUL CLOUD MINING LIST 

PLEASE READ THIS ARTICLE IN COINTELEGRAPH BEFORE YOU INVEST

 

 

 

 

2. Bitsrapid Platform

The Bitsrapid platform is easy to understand and find what you are looking for.  The menus are visible all the time. The platform is in fact very similar to Hashocean´s platform. 

3. Bitsrapid Statistics

Bitsrapid has published some statistic numbers on their site. Bitsrapid has over 160.000 users (2016-05-08). The company has a total hashing power of 22.077.267 KH/s and has paid 475.8414 BTC. Bitsrapid has mining centers in San Francisco, UK and Singapore. However, the map indicates the mining center in EU is in Germany and not the UK.

4. Bitsrapid risks

There are some risks you should consider before investing into Bitsrapid. The platform is very similar to Hashocean. That has been an indicator in earlier scams. Also, some things are copied from Hashocean site. For example this:

 

Hashocean writes in FAQ 2016-05-08

As long as we use video cards for mining it is generally agreed to measure their capacity in Kh/s. In fact, the productivity of video cards can be measured according to their cryptographic algorithm. For the capacity rating of video cards we use Scrypt algorithm.

 

Bitsrapid writes in FAQ 2016-05-08

As long as we use video cards for mining it is generally agreed to measure their capacity in Kh/s. In fact, the productivity of video cards can be measured according to their cryptographic algorithm. For the capacity rating of video cards we use Scrypt algorithm.

 

 

5. Bitsrapid Support

Bitsrapid support is available via email and the response is fast.

6. Our view on Bitsrapid

Our view on Bitsrapid is very skeptical. However, we invested 700 KH/s in trying the platform to be able to write a review about the company.

 

 

5. Bitsrapid payouts

 

These are our payouts from Bitsrapid so far. We will update with a chart when we have collected more payouts.

Bitsrapid review payouts