IOTAMiner claims to be a global cloud mining investment platform founded in 2018 in London.
It allows users to earn passive income through “cloud mining contracts” without owning physical hardware.
With a mobile app, automated payouts, and a VIP system, the platform promises daily profits in exchange for fixed investments—some reportedly earning up to 57.3% in just 30 days.
| Plan Name | Amount | Duration | Daily Profit | Total Return | ROI (%) |
|---|---|---|---|---|---|
| Daily Sign-in | $15 | 1 Day | $0.60 | $15.60 | 4% |
| Trial Contract | $100 | 2 Days | $5.00 | $110 | 10% |
| Fixed Income #187540 | $500 | 5 Days | $6.00 | $530 | 6% |
| Fixed Income #185532 | $1,500 | 12 Days | $18.75 | $1,725 | 15% |
| Fixed Income #195735 | $4,000 | 21 Days | $52.00 | $5,092 | 27.3% |
| Fixed Income #205937 | $6,000 | 30 Days | $84.00 | $8,520 | 42% |
| Growth Income #204756 | $50,000 | 40 Days | $875.00 | $85,000 | 70% |
| Premier Income #225342 | $100,000 | 30 Days | $1,910.00 | $157,300 | 57.3% |
⚠️ Note: Such high returns are extremely rare—even unrealistic—in legitimate mining or investment environments.
The VIP program rewards users for increasing total investment:
| VIP Level | Total Investment | Bonus Rate | Cash Reward |
|---|---|---|---|
| VIP1 | $10,000 | +0.01% | $100 |
| VIP5 | $300,000 | +0.29% | $4,500 |
| VIP10 | $20,000,000 | +2.2% | $500,000 |
If standard yield is 1% and you’re VIP1, your effective rate becomes 1.01%.
Bonuses are cumulative and interest boosts apply to all contracts. To claim cash rewards, you must contact their support.
Commissions are automated, but milestone rewards require manual claiming via email or customer support.
The platform displays a UK Certificate of Incorporation as proof of legitimacy.
But be cautious:
UK registration does not mean it is regulated by the UK Financial Conduct Authority (FCA). Anyone can register a company in the UK for under £20, with no vetting of the business model.
According to their official materials:
However, these claims are not independently verifiable. There is no transparent data to confirm these operations exist.
The mobile app is not available through the official Google Play Store or Apple App Store. Instead, users must download and manually install an APK file, which:
🟥 Verdict: HIGH RISK – NOT RECOMMENDED
While IOTAMiner attempts to appear credible through certificates, technical jargon, and green energy claims, the platform demonstrates too many classic high-yield investment program (HYIP) and Ponzi scheme characteristics:
Even if the platform pays out early, that does not guarantee sustainability. HYIPs often pay early users using new user deposits before eventually collapsing.
If you're still considering trying IOTAminer:
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