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BTC Crypto Network - BTC Miner

latest release: 1.1 ( 13th November 2021 ) last analysed  8th November 2021 Not a wallet 
3.9 ★★★★★
448 ratings
10 thousand
28th August 2021

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The Analysis 

Caution: Cloud mining apps that run on a phone with no reference to a mining facility and require referrals are generally shady projects that are not really into mining. Users are cautioned regarding apps like these.

Interestingly, the app provider also offers three other apps completely unrelated to crypto: Live TV Channels Online Guide, Sim Owner Details - Find Sim Card Info, and Background Changer & Eraser

App Description

Stop wasting your time and start BTC Cloud Mining with our BTC Crypto Network app.

It should be noted that this app and its description strongly resembles apps such as BTC Network - Bitcoin Cloud Miner Defunct!  and BTC Cloud Miner - Easy Wallet Transfer Defunct! 

It’s super simple - Your mining rigs are already set up and running on cloud. As soon as you’ve set up your account, you can start to mine without a mining machine. It is free and easy. Earn and mine bitcoin with BTC Crypto network app.

The app allows you to click a button purportedly to start “mining.” This app claims that you have a mining rig “set up and running on cloud” but you find no reference to this on the website.

Reviews

I kadek Sudresta
★☆☆☆☆ September 14, 2021
Wow… I think this is scam… There are 3 app with same display, only different color and all of them has same description. (BTC crypto network, BTC network and BTC cloud network). No whitepaper and no website as well.

wah tv
★☆☆☆☆ October 15, 2021
The app is scam. There are other apps similar to it. There is no withdrawal option

Jemuel Valencia
★★★☆☆ October 9, 2021
A promising app so far, I’m just wondering where is the withdrawal option? This isn’t like those new crypto app that are just starting isn’t it? because as far as I know bitcoin has been in circulation for years now so there should be no reason for this app to wait for its different phases just to be able to withdraw.

The Site

The site is not secure.

The FAQ states that it is not possible to withdraw BTC as the app is still in “Phase 1.”

You cannot withdraw BTC yet in Phase 1. BTC Crypto Network is providing withdrawals under 6 months of project commencement. BTC Crypto will be able to be transferred from phase 2. All members of the mining app will need to swap BTC to BTCToken on the crypto wallet coming up in Phase 2. This will happen after members pass KYC.

In the last question “Is BTC Crypto Network Legit?”, instead of providing any reference to mining rigs, facilities, or hardware, BTC Crypto Network instead claims to be the “first step into a full scale Blockchain project.”

The white-paper appears to be nothing but a confusing mess of unnecessary jargon. The app starts referring to itself as the GEMINI network, with no reference to this at all beforehand.

GEMINI Network is a Decentralized Autonomous Organization (DAO) organization whose essential operations are automated agreeing to rules and principles assigned in code without human involvement.

They go on to say:

Every player will get the base rate at 1.6 GEMINI / hour by logging in the app every 24 hours and clicking the GEMINI button.

It’s very confusing as to what this means, especially since they claim in Google Play that users are earning Satoshis.

Verdict

We advise users to exercise caution among any app that advertises “cloud mining” with absolutely no reference to the hardware they use for mining. It cannot be proven that this app has a bitcoin wallet or is actually mining BTC.

(dg)

Verdict Explained

This appears to not be a product to receive and send money.

As part of our Methodology, we ask:

Is it a wallet? If not, we tag it No Wallet 

If it’s called “wallet” but is actually only a portfolio tracker, we don’t look any deeper, assuming it is not meant to control funds. What has no funds, can’t lose your coins. It might still leak your financial history!

If you can buy Bitcoins with this app but only into another wallet, it’s not a wallet itself.