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Europamine Review: Most Likely Scam Service

Updated: Nov 29, 2021

One of the readers of our Facebook page asked to rate the "cloud mining service" EuropaMine. It was not easy, but still managed to find a little information and understand that it is not worth messing with this website.

About us

They write that since 2018 they are based in Reykavik:

Eurpomine About Us
Eurpomine About Us

But at the same time they do not indicate the address, but their company name from Terms&Conditions "Europamine Ltd." cannot be found in the Icelandic company register.

europamine scam
Europamine no registration in Iceland

Reviews on TrustPilot or Google Search

If you try to enter "Europamine Review" in Google search, you will practically not get any results.

The same situation is with the TrustPilot service - the site does not have a single review of this website. This is the first time I've seen this.

europamine scam or legit
Europamine Trustpilot page


europamine scam
Europamine whois

The website was registered in 2018 and this confirms their words. But here's the registration information a bit strange:

europamine scam
Europamine information

Address and Telephone Number

Since the address of the company was listed on the Whois page, let's see if there is such a building and what is located in it.

If we go to google maps and try to find the address of Kalkofnsvegur 2, 101 Reykjavík, Inceland, we can see that this is the address of the patch, not the building. There is a mall with shops nearby, but a company like EuropaMain is not mentioned anywhere.

Phone check led us to another site - https://cointradeinvestltd.com/

The website looks like a regular ponzi-scheme that started on March 22nd.

The same address and phone nubmer on Registrar

Facebook Page

The largest amount of information about them can only be found on their Facebook page.

37,024 people follow this, but on webposts you can see only 1-3 likes.

europamine fake
Managing from Italy

As you can see, the page is not managed from Iceland, but from Italy. And this is another fact that makes us wonder if Europamine is lying to us.

In addition to the usual posts, they publish supposedly photos of "their" miners. But if you look for these pictures, they are simply taken from advertisements for the sale of mining equipment.

This miner is sold in North Macedonia.

This photo was taken from the Antbox sales website.

This photo was also taken from the Internet, but mind you, the background was also removed and a green "Europamine" sticker was attached!!!


All the facts about Europamine that I have listed make me doubt about the legality and veracity of their mining.

I would not entrust my money to such a service. It can be seen that they lie to their users in many ways.

And the absence of at least one review on the Trustpilot website worries me very much. They did a good job on their Facebook story and website, but if we start digging, we see a lot of inconsistencies and deception.

I hope you are reading this review before investing in a project like this. Please consider investing in legal, stable and world-famous projects like cloud mining service Bitdeer, which has a close relationship with BitMain, mining pools and cooperates with major hashrate providers around the world.

In addition, registering for Bitdeer in December 2021 Promotion Programm you get:

  • Exclusive Cloud Mining plan for 60days of 50 TH/s, 200 TH/s or 500 TH/s cloud mining

  • Unlimited purchases for 1 account

  • The ability to monitor the operation of cloud mining on the 3d-party mining pool website of your choice (ViaBTC, BTC.com, f2pool)

  • Feeling the security of your investment, since Bitdeer is a highly trusted sharing service platform of digital asset mining machines, news publications about which can be found on such websites as: Bloomberg, Yahoo, Cointelegraph, Forbes, Nasdaq, CNN and even Bitcoin.com

It is up to you to decide whether to trust EuropaMine with your money. And I put Europamine in the Scam services section.

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