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Cryptocurrency Scams

1512, 2025

Warning! Most Cloud Mining Platforms Are Scams

|15 Dec 2025|News|

'Cloud mining' schemes are among the most prevalent forms of crypto fraud. While there may be legitimate platforms, Brave New Coin's research over several years has not identified any cloud mining operations that weren't fraudulent. In this article, BNC profiles several dubious operations—many of which are still active—and provides a practical guide for recognizing potential crypto-cloud mining scams.

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