Are you looking for Crypterra Review ? Are you a crypto enthusiast who loves to learn more about the services that work and don’t work for other people? Have you heard about Crypterra.net from a friend or a colleague? Do you want to know how it works and if it pays its customers? Is it a scam? If so, what makes it a scam? You’ve come to the right page because I am going to tell you more about it in this Crypterra.net review.
First, let’s talk about how their website looks like. Crypterra’s official website is now down, but this is how their web page looked as of April 12, 2018 according to Wayback Machine.
Crypterra Review : Is Crypterra.Net Scam ? Our Analysis
What is Crypterra?
The Crypterra, later known as X-Mining, is a cryptocurrency mining company that launched in May 2017. They claim that their professional team is ambitious and that they use the most powerful mining hardware.
What does Crypterra offer?
The Crypterra provides cloud crypto mining solutions for individuals and business owners who want to invest in cryptocurrency mining without any hassle.
According to their about page, Crypterra said that their platform is an international project launched in 2017. They said that it was setup to provide cloud mining solutions to both home and business users. They also said that their cloud mining environment supports clients at all levels and provides true profit. They also claim that their mining hardware are located in world-class data centers that have multiple fast connections with GalxC Cooling System.
What Are The Important Features of Crypterra ?
The homepage looks simple and easy to understand. You’ll see their featured plans right away without navigating other pages. The top part of their website contains the menu (Home, About, Services, Shop, Contacts, and Client Area) and the current BTC/USD and ETH/USD exchange rates.
Scroll down a little and you’ll see their 3 featured plans known as SHA-256 Plan, Etash Plan (most popular), and SCRYPT Plan.
The SHA-256 Plan includes a 2-year contract, $0.02 fee per 100 GH/S per 24 hours, Bitcoin/Bitcoin Cash compatibility, 99.9% uptime, and minimum of 100 GH/S.
The Etash Plan includes a 2-year contract, $0 fee, Ethereum compatibility, 99.9% uptime, and minimum of 1 MH/S.
The SCRYPT Plan includes a 2-year contract, $0.015 fee per 5 MH/S per 24 hours, Ethereum compatibility, 99.9% uptime, and minimum of 5 MH/S.
Each plan is explained in a box, and below each box, you’ll see an Order Plan button that will take you to the order page.
When you scroll down below that part, you’ll see more highlighted features. Just above the Features section, they inform their visitors that they offer dedicated mining services. It means that you’re mining as if you have your own equipment.
The Features section shows 4 highlighted features including Advanced Security, Cloud Mining, Dedicated Mining, and Team Work.
Under Advanced Security, they claim that they use Cisco ASA devices to protect their corporate data centers and networks. They also claim that customer information is stored in their local servers, encrypted, and safely transmitted via the API.
Under Cloud Mining, they claim that they provide 24/7 support for all services. They also claim that their prices are better than any other cloud mining companies. They also claim that information is duplicated in their local servers to avoid data loss.
Under Dedicated Mining, they claim that they offer the cheapest fees and provide a personal manager to each user. In addition to that, they claim that there is no limit to their dedicated mining contracts and that the equipment will mine for you as long as it is profitable.
Under Team Work, Crypterra claims that their team members are experienced in the cryptocurrency field and that they aim to satisfy their customers. They also said that they are constantly working to improve their services so that they can offer new products. Sounds good, right?
When you scroll down a little bit, you’ll see some Frequently Asked Questions with answers. They provide instructions on how to create a new account as well as information about multiple cryptocurrency mining, their affiliate program, and contract terms.
On the right side of the FAQs, you see 3 sliding testimonials. I don’t know about you, but these testimonials don’t look real to me.
Below that, you’ll see a list of the cryptocurrencies that they support including Litecoin, Bitcoin, Ethereum, Dash, Bitcoin Cash, and Zcash. Below this section, you’ll see their contact information. They listed their location (Edmonton, Alberta, Canada), phone number (+1 (587) 882-97-11), e-mail address (firstname.lastname@example.org), and their Live Chat link.
Scroll all the way down and you’ll see more links including Pricing, Shop, and Tickets.
What Are The Crypterra Contracts ?
There are 3 available Crypterra plans: SHA-256, Etash, and SCRYPT plans. Each plan includes a 2-year contract. However, they say that the dedicating mining contract is unlimited.
The SHA-256 Plan (which costs $20 per 100 GH/s) also includes:
– $0.02 fee per 100 GH/S per 24 hours
– Bitcoin/Bitcoin Cash compatibility
– 99.9% uptime
– minimum of 100 GH/S
On the other hand, the Etash Plan (which costs $19 per 1 MH/s) includes:
– $0 fee
– Ethereum compatibility
– 99.9% uptime
– minimum of 1 MH/S
Lastly, The SCRYPT Plan (which costs $35 per 5 MH/s) includes:
– $0.015 fee per 5 MH/S per 24 hours
– Ethereum compatibility
– 99.9% uptime
– minimum of 5 MH/S
Does Crypterra really pay?
During my investigation, I saw a lot of positive and negative Crypterra reviews. However, I noticed that the negative reviews outnumber the positive ones. It is possible that some people who joined earlier got paid a few times, while those who joined late never got any payment. Hundreds of negative Crypterra reviews definitely raise a major red flag.
Crypterra Withdrawals and Complaints
Here are some screenshots of reviews written by people who joined Crypterra but never got paid.
One user says that the Crypterra review website is now down and the company stopped giving updates.
Another user says that the Crypterra website no longer has a trust validation.
Another user says that he invested $190 on Crypterra.net but wasn’t able to withdraw at all.
Why is Crypterra a scam?
First of all, Crypterra’s website is down and they stopped giving updates on their social media pages. A lot of people complain that they invested a lot of money but never received a single payment from the platform. Also, the data centers that they claim to have are questionable. There is no way for us to confirm whether they have their own mining facilities or not.
One more thing – their location is also questionable. According to their website, they are based on Canada. However, upon investigation, it has been found that they are actually located in Hong Kong. Fishy, isn’t it? Why do they have to lie about where their headquarters is?
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Conclusion : So, What’s my verdict? Crypterra.net is indeed a scam.
I understand that you just want to make your hard-earned money grow and enter the world of cryptocurrency. However, I suggest that you stick to safer and more reputable alternatives. Older and more stable crypto mining services are better because they have been tested and proven by many cryptocurrency enthusiasts all over the world. I highly recommend to check the website first. If the offer is too good to be true, there is a higher chance that it’s not legit. It is also a good idea to check cryptocurrency forums or reviews (like this Crypterra review) before joining any platform.