Post
Topic
Board Service Announcements (Altcoins)
Re: [Innovamine.io] CloudMining - Legit & Paying
by
Matt6494
on 28/06/2019, 12:45:17 UTC
Anyone promising a 7% hashrate coupon is either ill-informed or lying. (Comments #24,#25,#26,#27,#29)

The maximum current coupon for increased hashrate is 6%, and you will receive an increase to this value by entering the coupon code at the bottom of the dashboard before purchasing a contract.

You will be able to tell if you have enabled the coupon correctly as when you go to purchase a contract it will show the extra hashrate you will receive as a consequence of activating the coupon.

The following coupons are all active and will give you an extra 6% hashrate on every contract purchase:

INNOVAMINEBTCSIX

INNOVAMINEBCHSIX

INNOVAMINEZECSIX

INNOVAMINELTCSIX

INNOVAMINEDASHSIX

INNOVAMINEETHSIX


The company registration can be found here:

https://connectonline.asic.gov.au/RegistrySearch/faces/landing/SearchRegisters.jspx?_adf.ctrl-state=jb7kyoor8_18

Name:                              INNOVATRADE PTY LTD
ACN:                                      631 027 391
Registration date:              16/01/2019
Next review date:              16/01/2020
Status:                              Registered
Type:                              Australian Proprietary Company, Limited By Shares
Locality of registered office:   SYDNEY NSW 2000
Regulator:                              Australian Securities & Investments Commission

The only director registered is as follows:

Daniel Gaines
28 Harris Street, Paddington NWS, 2021
DOB: 20/06/1978 SYDNEY, NSW

Despite being registered in Australia, their physical mining operation is said to be hosted in Ukraine to take advantage of the lower electricity prices there.

They also detail in their one-pager that the reason they can pay out mining rewards greater than what is achievable through mining alone is due to the commission they make on their trading page.

Their trading page is a simple binary options page where you have the option to buy or sell a currency in anticipation of its value rising or falling. Innovamine take a 0.05% commission on all trades.