Welcome to our Doge Mining Paid review about the website currently found at DogeMiningPaid.com.
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On July 9, 2023, we received the following complaint:
The complainant reports falling victim to a potentially fraudulent scheme on a website involved in Dogecoin mining and investment. The website is named “dogeminingpaid,” where the complainant has invested $254. They have attempted to communicate with the website operators three times without any response. The complainant has also made two withdrawal requests which remain pending with no action taken. The complainant is worried about the likelihood of fraud and the potential loss of their funds. They are seeking assistance in investigating the issue and recovering their investment, and are willing to take any legal actions necessary.
Dogeminingpaid.com claims to be a UK-based Dogecoin mining company recognized for its extensive services in the cryptocurrency sector. With six years of experience and operating over 100,000 pieces of mining equipment, the company presents an attractive profile for potential investors in Dogecoin.
The website DogeMiningPaid.com was registered on April 26, 2021. The registrant contact is in London, Great Britain, according to Whois Data.
Geniusx Ltd hosts it.
According to SimilarWeb, its global rank is 40,075, indicating it’s a popular website, especially in Russia, where it is ranked 10,747 and at spot 66 in the “Finance > Investing (in Russia)” category. In June 2023, it received more than 2 million views, especially from Russia, Ukraine, Kazakhstan, Venezuela, Turkey, Pakistan, the United States, and India.
They have a 27% Semrush Authority Score with almost 50K backlinks from more than 700 referring domains.
While the company is indeed popular, its website has only been around for 2 years, and not six as they claim.
The site offers Dogecoin cloud mining services with features including free mining power for members, instant Dogecoin mining, and daily profit from referral earnings.
Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.
The platform presents a straightforward investment process – account registration, deposit making, referral invitations, and fund withdrawal.
They have two investment packages with varying durations and profit percentages.
Dogeminingpaid.com also offers a referral program and a bounty bonus program, allowing users to earn from their referrals’ earnings and from completing simple tasks respectively. This further enhances the attractiveness of the platform to those seeking additional revenue streams.
Security and Privacy
Security seems to be a priority, with a mandatory registration process for investors and restrictions on multiple accounts.
However, one concern is a Google-indexed URL that seems to contain user emails, indicating a possible privacy issue.
Support and Communication
The platform’s customer service seems proactive, with a support form available on the site for any unanswered queries.
However, their terms and conditions ask members to reach out to them before posting negative reviews on public forums or rating sites, indicating a possible attempt to control public perception.
Deposit and Withdrawal
The minimum deposit amount is 100 Dogecoin, and deposits become active immediately, though certain cryptocurrencies may require additional confirmations.
Withdrawal amounts vary depending on the payment system, with no fees charged by the platform for crediting or withdrawal.
Withdrawal processing is generally instant, although in rare cases further verification may lead to a delay of up to 24 hours.
Legal and Regulatory
Dogeminingpaid.com claims to be exempt from certain securities regulations and is not FDIC insured or a licensed bank or security firm.
According to a certificate of incorporation they provide, DOGE MINING PAID LIMITED is registered in England and Wales as a private limited company under the Companies Act 2006. The company’s registration number is 13367063. The official registration took place at Companies House, Cardiff, on 29th April 2021. This information was communicated and authenticated electronically, in accordance with section 1115 of the Companies Act 2006.
According to the UK Companies House, however, DOGE MINING PAID LIMITED, a private limited company registered in England and Wales with the company number 13367063, has been officially dissolved as of 11 October 2022. The company was incorporated on 29 April 2021 and its registered office address was changed to PO Box 4385, Companies House Default Address, Cardiff, CF14 8LH on 28 April 2022. Its primary business activity was fund management.
The company was directed by Dominic Webb, who was appointed on 29 April 2021. Mr. Webb, a British citizen residing in England, was born in March 1986 and served as the Finance Director. He was also the primary person with significant control over the company, holding 75% or more of the shares and voting rights and possessing the right to appoint and remove directors. His correspondence address was listed as 67 Charlotte Street, London, England, W1T 4PH.
The company was compulsorily struck off and dissolved, according to the final gazette notice dated 11 October 2022, following the first gazette notice for compulsory strike-off issued on 19 July 2022.
Dogeminingpaid.com’s physical location is at 36 Wigmore Street, London, England, W1U 2BP.
The street houses a mix of cultural and business establishments, which suggests it is a legitimate business location, however they are not listed on Google Maps.
Overall, Dogeminingpaid.com presents a comprehensive and attractive package for those interested in Dogecoin mining.
However, potential investors should carefully consider the platform’s terms and conditions, particularly around security and regulations, before investing.
Also, the noted privacy issue with user emails should be addressed by the company for enhanced user trust.
Based on reviews from various trusted sources, it appears that the website has several reported issues related to the withholding of payments, blockage of accounts, frozen withdrawals, and the site’s administration being unresponsive to users’ issues.
A common theme in most reviews is the allegation of scams, where users claim their withdrawals were frozen and they were asked to deposit more funds.
These negative reviews focus on significant issues with the platform, with many users sharing their experiences and difficulties in dealing with the site’s administration. This, in turn, impacts the trustworthiness and reputation of dogeminingpaid.com.
The reviews reveal a pattern of behavior by the website’s administrators, which includes withholding user funds under various pretexts, such as IP address changes or additional deposits being required. As a result, it is advisable to exercise extreme caution when dealing with this website.
Here are a few examples of user testimonials from Trustpilot:
Jacob Mullins rated them 3 out of 5 stars on July 4, 2023. He writes:
I invested in DogeMiningPaid with some apprehension, having heard mixed reviews about it. I initially bought a small plan which seemed to work as promised. The withdrawals were successful, and things looked promising. However, my withdrawal was frozen when I decided to purchase a larger plan. After contacting the admin, I was told that my IP address had changed and that I needed to reactivate my account by buying a new CMO plan. I’ve decided not to invest any further and would advise others to be cautious when dealing with this site.
Sophia Rodriguez rated them 2 out of 5 stars on July 8, 2023, and wrote:
DogeMiningPaid started as a promising venture for me. I started with a smaller plan and could easily withdraw the returns. However, as I upgraded my plan, issues started arising. My withdrawals were put on hold for unexplained reasons, and despite multiple emails to their support, I haven’t received any clarifications. This has been a disappointing experience, and I would advise potential investors to proceed cautiously.
Ahmad Patel rated them 1 out of 5 stars on June 23, 2023, and reported:
My experience with DogeMiningPaid has been largely negative. Initially, the platform seemed reliable, with steady payouts for smaller investments. However, the trouble started when I invested in a larger plan. My withdrawal request was blocked because I logged in from a different IP. They demanded a new deposit of the same plan value to reactivate my account, which seemed unfair. I am yet to receive a resolution and would advise others to be wary when investing in this platform.
Bottom Line: DogeMiningPaid is probably a SCAM!
In conclusion, the information presented throughout this article warrants serious caution for potential investors considering Dogeminingpaid.com. Though the website appears to provide comprehensive services in Dogecoin mining, some concerning elements cannot be ignored.
From a general viewpoint, the platform’s popularity, its claimed years of experience, and its promising offerings might appeal to many. Its place in the global rank, backlink authority, and the traffic it attracts, particularly from countries like Russia, Ukraine, Kazakhstan, and others, speaks volumes about its reach and influence. However, the narrative becomes questionable when we dig deeper.
Inconsistent information about the website’s operating years and the company’s dissolution, as recorded by the UK Companies House, serve as initial red flags. The listed physical location is not verifiable through Google Maps, raising more questions about the authenticity of their claims. Furthermore, a Google-indexed URL containing user emails is a significant privacy concern that the company needs to address immediately.
The core of the concerns, however, lies within user testimonials. A recurring theme of frozen withdrawals, requests for additional deposits, blocked accounts, and unresponsive customer service is evident in multiple user reviews. These are serious allegations that affect the platform’s credibility and trustworthiness.
Considering the observed behavior patterns by Dogeminingpaid.com and the numerous reported issues, it’s evident that potential investors should exercise extreme caution. While this review does not definitively label the platform as fraudulent, it does suggest there are enough concerning factors to warrant skepticism.
Ultimately, potential investors should conduct thorough research and consider multiple sources of information before investing in such platforms. Engaging with reliable and regulated investment platforms is the best way to ensure the safety of one’s investments. In a highly speculative and volatile market such as cryptocurrency, it is crucial to remember the age-old investing advice – “Don’t invest more than you can afford to lose.”
If you have fallen victim to online scams, please comment below. If you have suffered a substantial financial loss, do not despair. We are here to assist you in recovering your funds!
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