Last Updated on November 16, 2023 by cryptocreed
Mining Bitcoin is not profitable anymore if you are doing it at home but it can be profitable if you do Cloud mining. BitFufu is a new platform hence many newbies are not familiar with the platform.
And not everyone knows if it is legit or a scam. In the past, we saw how Cloud mining companies turned into scams so putting your money with trust in them is not a smart idea unless you know the legitimacy of the platform.
In the last few months, we saw the interest of individuals in BitFuFu Cloud Mining hence it is important to bring BitFuFu review for our readers. In this BitFufu review article, you are going to know if it is legit or a scam, how much you can earn, who is behind it, how much it can cost you, and much more.
What Is BitFufu?
BitFufu is a cloud mining platform founded in 2021 and supported & backed by major crypto-based companies like AntPool, Bitmain, F2Pool, Coinbase, COBO, Cointelegraph, Bitcoin.com, The Block, and many more. BitMain is the leading investor and strategic partner of BitFufu.
It was founded by Leo Lu a former BITMAIN employee. BitFufu has mines in different locations like Canada, USA, and Kazakhstan.
It has 4 major services to offer Mining Rig Hosting, Cloud Mining, Miner Sales, and Custom Institution Services. 300MW+ hosting capacity.
BitFuFu Sign Up and Login
It takes only a few seconds to create an account on BitFuFu. You can create an account using Email or Mobile Number. I would suggest creating an account using an Email address.
Click on the Sign-Up button and choose the way you want to create your account. After that enter the Email address or Mobile number.
After entering any of these details you will receive a verification code. Enter that code to move forward to complete the whole sign-up process.
You also need to pass the KYC process in order to make orders on the platform. For KYC you need to provide any of the asked documents like a Passport, ID Card, and Driving License.
BitFuFu Cloud mining is not the only feature that BitFufu offers but it has more than that to offer. Let’s check their top features which makes them one of the best Bitcoin cloud mining platform.
Bitfufu’s cloud mining is one of the main services that allows users to purchase mining contracts that share mining powers with users.
It offers two different types of packages types, Easy BTC and Full Revenue. In Easy BTC package type, they have 4 different packages Free, 10 Days for $30, 28 Days for $60, and 50 Days for $100.
They have specific mining hardware that you can get in for 30 to 180 days. Hardware supported like S19Xp. This method supports partial upfront and the rest you can pay later.
Miner Rental and Miner Sale
Users who are interested in mining equipment can rent mining equipment from BitFuFu without buying any hardware from anywhere. It starts immediate mining with a shorter breakeven period, lower cost, lower risks, and flexibility.
Rewards For Active Users
BitFuFu offers many rewards for active users. If you are the most active miners and have more plans in your bucket then you can get more chances of getting Rewards.
If you have mining hardware and can’t afford to host it at your place then you can bring it to BitFuFu and they will host it for you. The mining process will be maintained and checked by professional teammates 24/7.
You can also purchase mining hardware from BitFuFu and can host it at their farm as well. What they charge is the hosting service fee which is around $0.075 to &0.085/kWh.
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They have a mobile app available for Android devices only which is available in two forms. You can download their app from the Play Store or download their APK from their website.
BitFuFu has lots of users from around the globe and to solve the problem of this user they need to provide proper customer support to users. They offer 24/7 customer support as mentioned on the platform.
Live chat may answer you within the next 2 hours but if you have small issues then you can contact them using Email. You may find the answer to your question on their Help Center page where they answer the most common questions.
BitFuFu Is Legit or Scam?
BitFuFu is definitely one of the legit cloud mining platforms but the question arises when we see reviews that are posted by users.
So let’s check what their users have to say about them. On TrustPilot they have a rating of 2.3 out of 5 from 23 reviews. Here is what users are saying on Trustpilot.
One user reported that they lacked technical support. Another one said that they are charging more fees than mentioned.
On Play Store they have a rating of 2.8 out of 5 from 405 reviews. Here as more than 400 reviews are posted there are many negative reviews about them like users lost their funds, accounts deactivated, no customer support, extra fees, and much more.
As a company, they are a legit platform but as a product, they might have problems so before believing in others’ reviews you have to try them personally. Sometimes user have issues from their side but they blindly call the platform a scam.
You can check the platform for a small amount if it works then you can go with them. If you found the BitFuFu review useful then do not forget to share it with others. Share BitFuFu review on social media.