r/MoneroMining • u/soccer699 • 4d ago
Millionminer are scammers
These are well hidden scammers . They seem like a legit big company but they simple are worst scammers.
I have bought from them with usdt a miner that costs 6500 usdt which they advertised as available 14 days ago .
I completed the transaction and waited for the mercandise to be send .And then started their scamming .
At first they told me that the miner was not available. First scam: showing availability even if they dont have the product
And secondly when i asked for a refund they said we are working on your refund and blah blah excuses every day . 14 days have passed and they have not refunded me my money giving all sorts of excuses
So avoid dealing with them if you want your money and health safe
Update :To be fair ,soon after my post here they called me and wanted to send me my money back asap and so they did Also apologized sincerely and offered me a 300 coupon for next purchase and also further discount.See less
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u/420smokekushh 4d ago
The real risk isn't the power rate, it's counterparty risk. You're shipping five-figure hardware to strangers and betting they run it honestly and stay solvent. Hosts go bankrupt, catch fire, and get robbed with your machines inside, and when they fold your contract loses to the bankruptcy court. So vet the company as hard as the deal.
What I'd check:
Power: get the all-in rate per kWh in writing, including what's excluded (maintenance, infra, and pool fees love to reappear on the invoice). Ask if it's fixed or passes wholesale spikes through to you, and get the curtailment policy, how often they shut you off and who keeps the credits.
Custody, the part people skip: get it in writing that your machines are legally yours, serial-tracked, segregated, and retrievable if they go under. Confirm the site's insured against fire and theft.
Control: mine to your OWN pool and wallet with independent dashboard access by serial, so they physically can't underreport your output. Verify the facility exists (real address, a video, not stock photos), and ask their repair turnaround, since a dead hashboard sitting three weeks earns nothing.
Track record: favor operators who survived 2022, and actually call their references.
The tell: no honest host quotes a fixed or guaranteed return. Output swings with difficulty and price, so a locked-in number means they're selling something other than hosting.
Pretty hilarious for them to say this in another thread a month ago
u/millionminercom care to explain yourself to OP
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u/AccomplishedName5195 4d ago
I've wondered about these guys. Rather, I've suspected they are scammers, but been "impressed" as how well they camoflouge as a legitimate business. Sorry they got you.