Powerhouse Mining – Worth a go

I was referred to Powerhouse Mining by one of my Wealthy Affiliate friends. The WHOIS results tell me nothing, but the domain was registered from July 7th this year (which isn’t a long time!!).

They don’t give away free hash power which actually is a positive thing. I’ve invested some Bitcoin into it and I’ve chosen ALTCOIN mining to start with but I will diversify in the future.

Shockingly I’ve updated this post since I wrote it. Make sure you are sitting down. But this actually looks genuine. There are quite a few people on Youtube showing investments into this. I have to admit to really swinging from “what the hell is this?” to being satisfied that it’s worth testing out.

Although the site design is pretty unprofessional in its looks the systems behind it seem solid and the openness of the owners to be on live video feeds is reassuring.

Here’s just one video I found on youtube.

Darren has even made his Facebook public plus there is a very active Facebook group.

They are using a combination of bulk buying from cloud companies and their own mining rigs, which is fine, so they have a scalable capacity.

I think the honesty and openness of the videos compared to the scams I’ve seen is very reassuring. So I’ll see how it goes, but as always, BUYER BEWARE. Make your own evaluations! If you invest, do it at your own risk. But at least with this, you can talk to the people running it through Facebook.

There is talk as well of trading investment plans as well in the videos which will be very very interesting.

I have to say it I’m quite excited about this one! BUT invest AT YOUR OWN RISK and do your OWN DUE DILIGENCE. only invest what you can afford to lose.

Update 27th October

The site is offline at the moment as explained in THIS video.

I’ll post an update again when it’s back online! 🙂 If you want to be notified just like our FACEBOOK PAGE and you’ll get notified.

Power house back online! With a new look! 🙂

 

 

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2 Responses

  1. Rose from WA says:

    Hi Paul

    Thanks a bunch for looking into this. It’s very reassuring. When I mentioned it to you earlier, I wasn’t really sure what I was getting into. If you feel excited about this company, then maybe it’s worth sticking with it to see what direction it takes.

    • Paul C says:

      No worries Rose 🙂 Glad to be of service, I’ll be interested to see how it goes! But I’ve not put a lot of BTC in just being part of it for a time – I’ll build it up and see how it goes but it looks genuine.

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