Coinface - easy mobile mining [REVIEW]

Coinface - easy mobile mining

Coinface is a cloud mining service like any other with one significant difference: you operate your account via an app on your phone. You can mine Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Dash (DASH) and Dogecoin (DOGE). The contracts last for one year only and the mining power is on the rather expensive side.

• The app:
  The application looks clean on android, simple minimalistic menus and easy navigation. You have a tab in which you can see all your earnings and their USD value, as well as button to withdraw or reinvest your mined currency.

• Contracts:
  The contracts last for one year only which is not as good as the concurrence - for example genesis mining - which offers 2 year contracts.

• Price:
  You buy mining power with tokens, one token equals one USD. For dash the lowest you can pay is 2 tokens for 20 MH/s, which is rather expensive, your also have to keep in mind that you don’t get any quantity discount.

• Legitimacy:
  This is the only red flag for me, there is pretty much no information about the company or the people behind it. There is also no video or any kind of proof, showing their mining equipment. Coinface could be just another scam, it’s unlikely since it is not offering anything too good to be true, but the fact is we don’t know for a fact it is not some kind of Ponzi scheme.

I invested 10$ in tokens and exchanged those for a 1 year 100 MH/s dogecoin contract. Let’s see how this goes!

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If you want to invest yourself, here is a promo code, you will get a small bonus from it: VHW2VQAO