LZMiner Review – Is It a Reliable Mining Platform or a Red Flag?
In 2023, LZMiner was officially launched, bringing a promise of providing stable, transparent, and sustainable cryptocurrency mining services. They claim that one of their mission goals is to become a leader in blockchain technology by providing decentralized mining solutions. Recent events and reviews seem to suggest otherwise.
Company Name – LZMiner
Website – https://lzminer.com/
Address – 855 Cooper Farm Way, Johns Creek, GA, 30097, USA, United States
Regulatory Warning – Not Recommended By Review Website Like Scams Report
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
What Is LZMiner?
LZMiner called itself a crypto mining firm said to be operating out of 855 Cooper Farm Way, Johns Creek, GA, 30097, USA. It branded itself as an avant-garde perspective matching the thriving digital economy. But these assertions seem to have little basis because the LZMiner website is no longer in operation, with reports that the domain is now for sale.
Red Flags in the LZMiner Review
Website Offline
LZMiner’s official site is not working anymore. A trustworthy platform must remain firmly online. The vanishing of the site raises a big question mark over its legitimacy.
Lack of Regulation
No verified evidence states that LZMiner is under the regulation of any U.S. or international financial authority at present. This becomes a necessity for a company having dealings from investments made by users. It could easily lead to financial exploitation due to a lack of oversight.
Fake Business Address
Several reviews by users on Trustpilot have been pointing towards the fact that this address is quite fake. Further lack of presence in official databases also suggests that there is no registration in the U.S. for the operation, which gives more weight to the statements that it has not been a legitimate operation in the first place.
What the Reviews Say
- “This is not a real mining service, addresses are fake; they were never registered in the USA,” states one user.
- Another mentioned that the company vanished after the “weekend special” and that “the website disappeared when it was time to withdraw.”
- Some others have said they regret not choosing a more reliable service like open road trade.
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