# Reporting scam broker #2 **URL:** \ **Category:** Scam Broker Check 🛡️\ **Created:** [December 7, 2025, 9:22pm UTC](https://community.brokerchooser.com/t/reporting-scam-broker-2/3283 "2025-12-07T21:22:02Z")\ **Posts on this page:** 4\ **Page:** 1
**Author:** ![ConscientiousSynod9216](https://avatars.discourse-cdn.com/v4/letter/c/dc4da7/32.png) [@ConscientiousSynod9216](https://community.brokerchooser.com/u/ConscientiousSynod9216)\ **Post date:** [December 7, 2025, 9:22pm UTC](https://community.brokerchooser.com/t/reporting-scam-broker-2/3283/1 "2025-12-07T21:22:02Z")
### HoursMining ([hoursmining.com](http://hoursmining.com)) – suspected fake cloud mining / Ponzi operation HoursMining ([hoursmining.com](http://hoursmining.com)) appears to operate as a fake cloud-mining platform using the same patterns commonly seen in Ponzi-type crypto schemes. The site advertises unrealistic daily returns and uses two different brand variations (“HoursMining” and “8HoursMining”), while offering no verifiable information about ownership, mining hardware, company registration, or regulatory oversight. Numerous independent analyses have already flagged it as a probable scam. One detailed investigation described it as a _“Ponzi of fake cloud mining supported by fabricated reviews and paid promotional articles”_. In addition, Trustpilot shows a large number of suspicious 5-star reviews that appear to be artificially generated or purchased, which is typical for high-risk schemes. The platform’s promises of very high guaranteed profits, lack of transparency, identical interface to known scam templates, and absence of evidence of real mining operations together indicate extremely high fraud risk. Please review this platform and classify it appropriately to prevent new victims. I can provide additional evidence if needed. ---
**Author:** ![NuriAI](https://sea1.discourse-cdn.com/flex019/user_avatar/community.brokerchooser.com/nuriai/32/374_2.png) [@NuriAI](https://community.brokerchooser.com/u/NuriAI)\ **Post date:** [December 7, 2025, 9:22pm UTC](https://community.brokerchooser.com/t/reporting-scam-broker-2/3283/2 "2025-12-07T21:22:12Z")
Hello! I’m Nuri AI, jumping in with a quick AI-generated response until BrokerChooser Staff members can join the discussion. It sounds like you’ve done a thorough job identifying potential red flags with HoursMining. Here are some key points to consider: 1. **Unrealistic Returns** : Promises of high guaranteed profits with no risk are a classic red flag for scams. 2. **Lack of Transparency** : The absence of verifiable information about ownership, mining hardware, or company registration is concerning. 3. **Multiple Brand Variations** : Using different brand names can be a tactic to confuse and mislead users. 4. **Suspicious Reviews** : A large number of overly positive reviews, especially if they seem artificial, can indicate manipulation. 5. **Identical Scam Templates** : If the platform’s interface matches known scam templates, it’s a strong warning sign. 6. **No Evidence of Real Operations** : The lack of proof for actual mining activities is a major concern. If you haven’t invested yet, it’s wise to stay away from platforms with these characteristics. If you have, recovering funds from scam brokers is extremely complex, and the chances of success are low. You can check this article by BrokerChooser for more information: [How to recover your funds when scammed](https://brokerchooser.com/forex/regulation/scams#how-to-recover-your-funds-when-scammed). Be cautious of recovery scams, where fraudsters promise to help recover lost funds for a fee. Never send more money to anyone offering such services. For finding legitimate brokers, you can use BrokerChooser’s [FindMyBroker tool](https://brokerchooser.com/find-my-broker). A human will review your topic shortly and join the conversation. Stay safe! ---
**Author:** ![Chris](https://sea1.discourse-cdn.com/flex019/user_avatar/community.brokerchooser.com/chris/32/61_2.png) [@Chris](https://community.brokerchooser.com/u/Chris)\ **Post date:** [December 9, 2025, 1:04pm UTC](https://community.brokerchooser.com/t/reporting-scam-broker-2/3283/3 "2025-12-09T13:04:15Z")
**[ConscientiousSynod9216](https://community.brokerchooser.com/u/conscientioussynod9216)** Thank you for your detailed report on HoursMining ([hoursmining.com](http://hoursmining.com)) / “8HoursMining” – and for offering to share further evidence. We’ve carried out our own review of the platform and the surrounding material. Based on this analysis, HoursMining/8HoursMining shows multiple **high-risk red flags consistent with Ponzi-style fake cloud-mining schemes** , and we will classify it accordingly on our side as: > **Status:** Suspected scam / fake cloud-mining Ponzi > **Risk level:** _Extreme_ – high probability of total loss > **Recommendation:** Avoid entirely Below is a brief summary of what we found. * * * ### Key risk factors we identified 1. **Unrealistic and “fixed” daily returns** Promotional articles linked to HoursMining/8HoursMining advertise the possibility of earning several thousand dollars per day with simple cloud-mining “contracts” and even small starting deposits. These pieces are clearly promotional in nature and describe steady, high daily payouts that are not realistically compatible with genuine Bitcoin or Solana mining economics. [blockchainreporter+1](https://blockchainreporter.net/8hours-mining-an-efficient-cloud-mining-platform-earn-7779-daily/) 2. **Contract structure typical of Ponzi schemes** Independent forensic analysis (e.g. Decripto’s October 2025 investigation) describes 8HoursMining as structurally identical to a Ponzi: fixed-term “hash power” contracts with predefined, guaranteed daily profits, unaffected by network difficulty, energy costs, or market prices. The same report concludes that the platform displays the typical logic of a Ponzi where returns are not supported by verifiable economic activity. [decripto.org+1](https://decripto.org/en/8-hoursmining-the-ponzi-of-fake-cloud-mining-driven-by-paid-articles-with-promises-of-7577-a-day-earnings-analysis/) 3. **Lack of verifiable mining infrastructure or regulatory footprint** We were unable to find credible, independently verifiable data on actual mining farms (locations, installed hashrate, power contracts, pool statistics, audits, etc.), or any clear, reputable regulatory authorization for investment services. Decripto’s analysis also notes the absence of concrete technical or licensing evidence and highlights vague claims about security, insurance, and “AI optimization” that are not supported by documentation. [decripto.org+1](https://decripto.org/en/8-hoursmining-the-ponzi-of-fake-cloud-mining-driven-by-paid-articles-with-promises-of-7577-a-day-earnings-analysis/) 4. **Aggressive referral & VIP deposit escalation** The platform heavily emphasizes bonuses, referral rewards, and “VIP” levels that require progressively larger deposits and promise higher daily rates. This deposit-escalation model is very consistent with how Ponzi-type mining scams operate: early apparent “profits”, pressure to reinvest, and incentives to recruit new participants rather than evidence of real hash-power being sold. [decripto.org](https://decripto.org/en/8-hoursmining-the-ponzi-of-fake-cloud-mining-driven-by-paid-articles-with-promises-of-7577-a-day-earnings-analysis/) 5. **Cosmetic reputation: paid PR and suspicious review patterns** The online reputation of HoursMining/8HoursMining relies heavily on sponsored or promotional articles in crypto media rather than independent, critical coverage. At the same time, the Trustpilot profile for [hoursmining.com](http://hoursmining.com) shows only a small number of overwhelmingly positive 5-star reviews, while Trustpilot itself flags the company as potentially associated with high-risk investments – a pattern we typically see in high-risk schemes trying to “polish” their image. [Trustpilot+2MEXC+2](https://www.trustpilot.com/review/hoursmining.com?utm_source=chatgpt.com) 6. **Automated “trust score” checks are not reassuring** We also noted at least one automated website-scanner rating [hoursmining.com](http://hoursmining.com) as technically “safe” based on domain age, hosting and basic security signals. However, these tools do **not** assess the legitimacy of the underlying investment offer and therefore cannot mitigate the economic and behavioural red flags described above. [Gridinsoft LLC](https://gridinsoft.com/online-virus-scanner/url/hoursmining-com?utm_source=chatgpt.com) Taken together, these points align closely with established warning signs for Ponzi-style investment fraud (guaranteed high returns, opaque operations, aggressive referral incentives, and an over-curated online reputation). * * * ### How we will classify HoursMining Given the weight of evidence, our internal classification for **HoursMining / 8HoursMining** will be: - **Category:** High-risk / suspected scam (fake cloud-mining, Ponzi-like) - **Investor protection message:** Strong warning – _do not deposit new funds; high likelihood of irrecoverable loss_ Regards, Chris ---
**Author:** ![ConscientiousSynod9216](https://avatars.discourse-cdn.com/v4/letter/c/dc4da7/32.png) [@ConscientiousSynod9216](https://community.brokerchooser.com/u/ConscientiousSynod9216)\ **Post date:** [December 9, 2025, 5:27pm UTC](https://community.brokerchooser.com/t/reporting-scam-broker-2/3283/4 "2025-12-09T17:27:24Z")
Hi Chris, Thank you for the thorough analysis and for classifying HoursMining / 8HoursMining as a high-risk Ponzi-type scheme. I appreciate you taking the time to investigate this case so carefully. Your conclusions match my own observations, especially regarding: - the fixed daily returns, - the heavy VIP/deposit escalation model, - the lack of any verifiable mining infrastructure, - the suspicious pattern of Trustpilot reviews, - and the promotional articles posing as independent reporting. I will continue to forward similar sites if I come across them, especially those using the same structure or targeting users through misleading advertising. Thank you again for your work — your warnings will certainly prevent further victims. Best regards.