This article is dedicated to the activities of the Elysium Cryptoinvest project, the unit of which is Bitcoin, and reviews about the Elysium company. What is this - another swindle or an opportunity to earn worthy? Let's try to figure it out.
The creators of the site, according to information published on the Internet, were leaders of network companies, professional IT specialists and online entrepreneurs.
The reviews of the Elysium Company (the alternative name is Elysium Cryptoinvest) indicate that the project has both pros and cons. Elysium Cryptoinvest is a branch of Elysium Holding, specializing in cryptocurrency mining and working with investors at various levels.
The highlight of the project. Feedback from affiliate program participants
Most of the Elysium partners whose reviews are positive are former networkers. They admit that they came to the company after they got acquainted with the marketing of Elysium Cryptoinvest. The marketing plan for this project, they believe, is so universal that it makes it possible for all its participants to make a profit.
Today, Elysium Company is one of the most talked about web projects. The reasons for this popularity can be described as mutually exclusive:
- Firstly, bitcoins are credited to partners' accounts, so to speak, automatically - as soon as a new partner is registered on the site. Automatically means free! This magic word acts like a magnet on some, and for others it is a business card of scammers.
- Secondly, in order to start earning money, you need to go through a simple registration procedure and pay 0.01 bitcoin (about $ 85) for using your account. That is, users looking for money without investments, this project is not suitable.
Terms of cooperation
If you believe the advertising publications and reviews, Elysium is the developer of a universal marketing plan that allows investors to earn on a contract basis, using a simple and at the same time rational system of investment and daily income.
By acquiring a mining contract, an online entrepreneur becomes the owner of a share in the so-called mining farm. The duration of one contract of any kind (there are several on the project) is one year. Mining is carried out through the Ethash hash function algorithm.
In other words, a user who has registered on the site becomes a cryptocurrency miner? Not really. Earnings are based on invitations, and this fact, according to negative citizens, indicates that the project under discussion is an ordinary financial pyramid.
The only thing that is alarming is that active opponents of the project are hiding under nicknames (instead of real names) and avatars (instead of real photos), so they can hardly be called the authors of real reviews. The Elysium company, without a doubt, competes with similar enterprises, and in order to convict its owners of fraud, insults alone are not enough - irrefutable facts are needed here.
Where does the negative come from?
What do the authors of negative reviews see the disadvantages of the Elysium company? Bitcoin is rapidly growing in price, and this makes cooperation with the site unprofitable. Profit is calculated according to the scheme that all financial pyramids use: the earnings of participants depend on the number of referrals invited by them. The site has been floating for quite some time due to the increase in investment ...
Bitcoins, peacefully resting in the accounts of their owners, and so generate income, why trust them to strangers?
It is no secret that most users of the World Wide Web who want to comment on their cooperation with Elysium Cryptoinvest are authors of negative reviews: “Elysium is a fraud!”, “Elysium is an ordinary financial pyramid that is still only alive because it brings income to its owners! ” An irrefutable confirmation of fraud, according to this category of users, is the fact that the newcomers involved in the project are first offered to register, and then “pay” the account and start “making money”.
About the purpose of mining farms
Mining farms are called specially equipped rooms, lined with servers and other communication devices necessary for connecting to the Internet, as well as for mining (mining) of various types of cryptocurrencies - bitcoins, dogcoin and so on.
All this equipment is leased to miners who need leased capacities for cryptocurrency mining.
The appearance of such farms is explained by the continuous improvement of the procedure for obtaining virtual money, which requires an increasing number of resources: industrial, material and energy. Mining farms provide the ability to maximize computer throughput and Hash Rate performance. The effectiveness of the largest can reach several tens of PH / s - petaheches (more than 1000 tasks) per second.
Of course, income can also be obtained through home farms. But this option turns mining into a loss-making enterprise, as it requires huge energy costs.
What is a hash and what is it for?
Cryptographers call hashing one of the main links in the methodology for creating a blockchain (information chain).
Creating a blockchain chain (Blockchain) is based on three main principles: sorting, accessibility, preservation. Computers of users united by this concept become links of one chain, and in each machine’s memory are stored copies of all “links”. Such a system cannot be disabled, unless all computers break down at once ...
What is Bitcoin blockchain?
In simple terms, hashing is the conversion of information of any complexity and volume into a set of unique characters. A line containing these same characters is called a hash. Any information is subject to conversion into a hash, be it a multi-volume novel or a short advertising slogan.
To create the Bitcoin blockchain, SHA-256 is used more often than other algorithms. The hash string generated by this algorithm consists of 64 characters and its length is 256 bits (32 bytes).
Interesting details
Interestingly, when the blockchain chain expands (replenishes with new users and new PCs), it only gets stronger. No one can control such a system; its internal structure is based on equality.
Information encrypted in the blockchain is available to everyone - if necessary, any block can be extracted and studied.
On the positive aspects of the company Elysium. Employee and partner reviews
Internet users currently working for the company claim that Elysium Cryptoinvest is not a mining pool at all (a “mine” for mining bitcoins), as some skeptics say. Elysium’s available facilities are readily acquired by third-party sites specializing in cryptocurrency mining. There is only one condition that buyers have to reckon with: their performance must meet the requirements of Elysium Cryptoinvest.
The company's first project, which brought her popularity, was an online program from the field of MLM business. The concerted actions of the team members, their ability to clearly represent the goal and comprehensively analyze the requirements of the partners have paid off: in just six months, the company took a leading position not only on the Internet, but also offline.
New business project - new legends
Reviews about Arthur Sholokhov from the Elysium company leave no doubt: Sholokhov is the author of the best training courses and the gurus of the modern advertising world.
Arthur Sholokhov is well known to visitors to the Youtube channel as the “discoverer” of the opportunities that Elysium Cryptoinvest presents. Arthur’s discovery is that Elysium is a really serious and cool project that you should devote 100% of your time to.
As can be seen from the advertising video action, the personnel of the company tirelessly works on the introduction of unique and modern information products and services. One of the latest developments of this team is a payment service based on the concept of the blockchain.
It’s hard to surprise users of the World Wide Web. As for the Elysium company, the main reason for the inexhaustible interest in this site is that the income is calculated in bitcoins.
The essence of the Elysium scam. Reviews of independent experts
According to a group of people calling themselves independent experts, Elysium Cryptoinvest (this project is also known as the Elysium Company) is a fraudulent website whose goal is to profit from other people's work. It's hard to argue with the expert group’s resume: inviting people to invest in cloud mining today is a deliberate robbery.
Passive income appears in the marketing plan of the project as one of the options for generating income: “I bought any package - and wait for the profit.” The second option for cooperation, in accordance with the marketing plan, is a partnership, which, according to the voluntary prospectors, turned out to be a decoy, and the project under discussion is a scam claiming to be a hype.
The experts call the essence of the scam the following fact: the more money the newly-minted partner invested, the more profit the inviting party received.
Who should be invited to the site to get rich quicker? Of course, people who always have money! According to reviews found on the Internet, Elysium likes to invite young mothers who receive childcare benefits to “work together.” In this case, recruitment takes the form of friendly advice: a good friend recommends a young woman a good opportunity to extract passive income. Most women report that, having invested the required amount, they were left with nothing ...
If the conclusions of independent experts are correct, then each new victim involved in the project irretrievably loses the invested funds. However, this money does not disappear in an unknown direction ... In any case, some part of it invariably pops up on the account of the referrer.