Unauthorised Firm Details
Name: HEXminer
Website: hexminer.com
The company discussed in this HEXminer review presents itself as a modern cryptocurrency cloud-mining service, offering users the chance to earn daily passive income from Bitcoin, Dogecoin, and other coins. It promotes easy mining, zero maintenance fees, and guaranteed profits — but our findings reveal multiple warning signs. Below is what we discovered — read this carefully before investing.
Contacts (claimed)
HEXminer lists generic email contacts and claims to be located at an address in London, UK. However, no registered business entity under this name can be found in the UK company register, and the listed address appears to be unverified or shared with unrelated firms. There is no verifiable phone number or live customer service.
Foundation (claimed)
The company claims to have started operations in 2020, but domain registration and online activity suggest the project only became visible around 2024–2025. There is no clear record of earlier business operations or verified mining infrastructure.
License
No confirmed license or regulation exists for HEXminer in any major jurisdiction. It is not registered with the UK Financial Conduct Authority (FCA), the US Financial Crimes Enforcement Network (FinCEN), or any other recognized financial or crypto regulator. The absence of regulatory oversight is a significant red flag, particularly when the firm accepts deposits and promises financial returns.
Minimum Deposit
The platform promotes “free cloud mining” with bonuses like $30 for new users, but most users report that they are later encouraged to deposit between $100 and $500 to “increase mining power” or unlock withdrawals. These deposits are non-refundable and often lead to loss of funds.
From Sign-Up to Payout
At first glance, HEXminer appears convenient and beginner-friendly: sign up, start mining, and watch your balance grow. However, once users reach the withdrawal stage, problems begin. Multiple online reviews report:
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Withdrawal blocks or endless pending status
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Unexpected maintenance or upgrade fees before releasing profits
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No customer response once funds are deposited
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Websites going offline or changing domains suddenly
Many users never receive their earnings, and the company provides no verifiable transaction records proving that real mining occurs.
Our Experience and User Reports
Based on community feedback and investigative checks, HEXminer functions like a typical high-yield investment program rather than a legitimate mining service. The “dashboard” balance often increases automatically — not linked to actual mining operations. Users describe patterns of manipulated results, where earnings look appealing at first but disappear when a payout is requested.
The Reality Check
HEXminer’s claims of guaranteed daily income contradict real-world mining economics. Genuine cloud-mining firms disclose their hardware providers, power consumption data, and mining pool statistics — none of which HEXminer offers. The company’s anonymous ownership, absence of regulation, and unrealistic profit guarantees align with common traits of online investment scams.
Scam-alert databases and independent watchdogs have identified HEXminer as a high-risk or likely fraudulent platform, citing the use of fake testimonials and press releases to create a false sense of credibility.
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