Scam watch

Spot a mining scambefore it spots you.

Fake cloud-mining sites promise fixed daily returns that real mining can't pay. Check any promise against live Bitcoin data, learn the red flags, and see how the biggest schemes ended up in court.

Live reality check

The one number most scams can't beat.

Mining pays whatever the Bitcoin network pays, and that changes with every block. Here it is right now.1

1 TH/s of mining earns today

$0.0316

a day, after the pool fee and before electricity.

As a daily return on fairly priced hashrate

0.107%

at $9.41 per TH/s with 24 months of power included. It falls as difficulty rises.

To pay 1.5% a day from mining, Bitcoin would need to trade at

$1.04M

about 14× today's price of $74,318.

Check a promise

% a day
Not possible from mining

That's 14× what Bitcoin mining pays today.

To pay it from mining, Bitcoin would have to trade at about $1.04M. The payouts would have to come from newer customers' deposits: that's a Ponzi scheme.

Check a full offer: price, hashrate and payout
Red flags

Eight signs it isn't mining.

One of these is a warning. Two or more, and it's time to walk away.

Fixed daily returns

Real mining income moves every day with Bitcoin's price, difficulty and fees. A steady 1–2% a day is paid out of newer deposits, not mining.

More than the network pays

If a plan pays more per TH/s than the whole Bitcoin network pays per TH/s, the money isn't coming from mining.

A balance you withdraw from

Ponzi dashboards show a balance growing inside their site. Real pool payouts go straight to your own wallet, so there's nothing to withdraw.

Fees to get your money out

"Unlock", "tax" or "verification" fees before a withdrawal are the classic last step. Pay one and another appears.

Paid to recruit

Referral levels, team bonuses and "binary" commissions mean the business runs on new money coming in.

No machines you can check

No serial numbers, no read-only pool observer link, no facility they'll name. There's no way to confirm any mining happens.

Licences you can't verify

Certificates, company numbers and "regulated by" badges mean nothing until you find them on the regulator's own website.

Pressure and bonuses

Countdown timers, "today only" bonus rates and deposit matches are there to make you pay before you check.

Case files

How the big ones ended.

Four schemes that sold mining profits and ended in U.S. federal court, summarised from the Department of Justice.2

HashFlare

Cloud-mining contracts · 2015–2019 · Over $577M in sales

Guilty pleas
What it sold
Contracts for a share of the bitcoin its mining operation would produce.
What prosecutors found
It didn't have the computing power behind most of the mining it sold.
How it ended
Its two founders pleaded guilty to conspiracy to commit wire fraud in 2025 and agreed to forfeit assets worth more than $400 million for victims. They were sentenced to time served; prosecutors appealed.

Source: U.S. Department of Justice

BitClub Network

Mining-pool shares · 2014–2019 · At least $722M

Guilty pleas
What it sold
Shares in bitcoin mining pools, plus commissions for recruiting new investors.
What prosecutors found
Investors were shown "mining earnings" that prosecutors describe as false and misleading figures.
How it ended
Several promoters, and a programmer who helped build it, pleaded guilty to federal charges between 2020 and 2022.

Source: U.S. Attorney's Office, District of New Jersey

AirBit Club

Mining and trading club · from 2015 · About $100M

Sentenced
What it promised
Passive, guaranteed daily returns from crypto mining and trading.
What prosecutors found
No mining or trading was taking place. It was a pyramid scheme.
How it ended
In 2023 a co-founder was sentenced to 12 years in prison, and other leaders and promoters were sentenced too.

Source: U.S. Attorney's Office, Southern District of New York

IcomTech

Mining and trading products · from 2018

Sentenced
What it promised
Profits from cryptocurrency mining and trading investment products.
What prosecutors found
A multi-level-marketing Ponzi scheme. People who tried to withdraw ran into delays and hidden fees.
How it ended
Its founder was sentenced in 2024 to 121 months in prison, and its purported CEO and several promoters were also sentenced.

Source: U.S. Attorney's Office, Southern District of New York

We only list a scheme here when a court record or a regulator's public warning backs it, and we always link the source. To suggest one, email support@tallyhashs.com with the link.

Before you pay

Check the site. Report the scam.

Report it

Lost money, or saw an offer like this? Report it, even if it feels small. Reports help investigators find and stop these sites.

Already paid? Stop sending money, don't pay any "unlock" or "tax" fee to withdraw, keep every record, and ignore "recovery" services that want a fee first: they're often scams too.

Hold us to the same standard

Don't trust us either. Verify us.

Every estimate on this site is live from the Bitcoin network, the pool pays your own wallet directly, and you get machine serial numbers and a read-only pool observer link. If we ever promise you a fixed daily return, treat us as a scam too.