Review 5smining.com – 5 star mining, Login, Register, Scam, Shutdown
5smining is uses matrix scheme to pay people and it operates in English Language.
5smining is illegal because it uses a ponzi scheme or a matrix scheme to pay people. The use of this site is therefore totally discouraged.
I warned that this type of bad site can close overnight without warning! Now it has happened. Why is 5smining offline ..?? Will the website ever come back online ..?? What is the possibility of this website coming back online ..??
A ‘commenter’ on netbusiness wrote: “Bad support on Telegram, they ban users who question the site from the group, site is indeed a Ponzi (read the definition of Ponzi scheme on Wikipedia) and tell me if it’s not one.
They are reporting problems to send payments to users…… but curiously, they can get the deposits completely fine, without troubles. They are reporting currently issues with their wallet provider, and they let you withdraw only 0.008 BTC… while fees are pretty high at the moment. They give you the excuse of the failed blockchain txs (which is partially true, but they aren’t willing to let people withdraw more than the above mentioned amount)…
When confronted, or even when expressing doubts, the admin of the Telegram group (who doesn’t seem to be from the official support of 5smining) gets on the defensive and bans people. I’ve been banned from the group after a public conversation with other user who was expressing his doubts, alongside with one more person.
The person who got banned from the group is the one who created the FB page you see in the previous comment to mine.”
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NB – Participate in all peer to peer donation network with your spare money, Ponzi schemes wind up once there is a decrease in the number of new affiliates.