Palilula Cloud Mining is, as you might have guessed already because of its name, a cryptocurrency mining company. The company states on its site that it intends to provide excellent levels of satisfaction for its clients and that its goal is to develop partnerships that will last for a lifetime.
While the name of the team members of the company is not publicly divulged, the company is allegedly made of investors that have years of experience in this specific markets.
Palilula Cloud Mining offers data centers, mining farms and cloud mining for individual or collective investors. The company follows a “mutual fund approach”, meaning that the investors give their funds to the company and they will be able to profit from the mining services that are being offered to them.
Palilula Cloud Mining Investment Plans
There are three investments plans that you can use to invest in Palilula Cloud Mining:
- Starter Plan: min. investment of $1000 USD, monthly income of up to 30% for 90 days.
- Basic Plan: min. investment of $8500 USD, monthly income of up to 40% for 90 days.
- Advanced Plan: min. investment of $30,000 USD, monthly income of up to 50% for 90 days.
Is It Secure To Invest In Palilula Mining?
As a rule, if you are making a big investment in any type of company, you have to know everything that you can about it, right? Our biggest issue with Palilula Cloud Mining is that the owners of the company decided not to show their faces and there is not a lot of information about this company to be found.
These are classic red flags and there are many mining companies that are fake. Because of this, we do not consider that it is a very secure idea to give your money to this company, especially when you consider that the investment is pretty high: $1000 USD is a lot of money and $20,000 USD, required for the advanced plan, is even more.
The Palilula Cloud Mining Verdict
You should avoid this company. Our indications have lead us to believe that Palilula Cloud Mining is far from being a secure investment, so take your time to find another investment that will be safer.