BsvCloud: Legit Cloud Mining or Another Scam?

BsvCloud Overview

BsvCloud, operating at bsvcloud.com, markets itself as a crypto cloud mining website “launched in 2017” with over 500,000 users worldwide​. It promises high daily returns, claims partnerships with major companies.

However, BsvCloud.com is not the lucrative opportunity it claims to be – it’s a likely scam. Multiple investigations reveal glaring red flags, from false launch dates and dubious registration details to unrealistic returns and extortionate withdrawal fees.

BsvCloud Domain and Company

Newly Created Website

The domain bsvcloud.com was registered on December 21, 2018, with an expiration date of December 21, 2025, and last updated on March 25, 2025, according to Whois. The registrant is listed as being from Hong Kong, contradicting the company’s claim of operating from the United Kingdom.

The Wayback Machine shows no archived content for bsvcloud.com before 2024, suggesting the website was likely inactive for six years after registration and only recently became operational. This timeline conflicts with BsvCloud’s assertion of launching in 2017, raising initial red flags about the company’s transparency and longevity.

Further, bsvcloud.com is flagged as a scam by multiple cryptocurrency wallet extensions and reputable antivirus software.

BsvCloud Company Claims

On its site and press releases, BsvCloud claims to be based in the UK – even listing an address in Uxbridge, England​. It further boasts of being “registered and operating under UK regulations,” implying legitimacy​.

Yet a check of official records finds no company by the name BsvCloud authorized by the UK Financial Conduct Authority (FCA)​. In fact, FCA’s register has no mention of BsvCloud which strongly indicates that BsvCloud is NOT actually licensed or regulated in the UK.

Even more telling is the domain’s WHOIS information: as we saw above, the registrar location points to Hong Kong (HK), not the UK​. In other words, the people behind BsvCloud chose to register the website through a provider in Hong Kong/China, all while claiming to run a British company. This jurisdictional mismatch is a major red flag.

Website Content and Marketing Tactics

The BsvCloud website employs buzzwords and generic claims to appear legitimate, such as:

• “Newest Hardware: We use the newest ASIC miner, GPU rigs.”
• “100% Money Security: Funds stored in offline, cold wallets with McAfee® and Cloudflare® protection.”
• “Automated Earning: Payouts processed every 24 hours.”
• “Expert Team: Professionals from the blockchain industry and IT engineers.”
• “EasyMining: No hardware needed, just purchase a package and wait for profits.”
• “Eco-friendly Mining: Powered by solar panels for sustainability.”

These statements lack specific details or verifiable proof, such as certifications or operational data, and are designed to attract users with minimal cryptocurrency knowledge, a hallmark of scam websites.

Unrealistic Mining Plans and Promised Returns

Perhaps the biggest warning sign is BsvCloud’s extremely high-return “mining” plans. The platform advertises eye-popping profits that no genuine cloud mining operation could sustain. For example, it touts daily interest rates as high as 3.5% (in some promotions) and even up to 8% on certain investment tiers​.

To put that in perspective, a 5% daily return would mean doubling your money roughly every 20 days – an implausible scenario in any legitimate investment. Such “too good to be true” returns are a hallmark of Ponzi schemes, not real mining.

BsvCloud’s own materials lay out a range of contract plans with astonishing payouts:

As shown, even smaller contracts supposedly yield 2–3% daily, and the largest “VIP” contract of $120k claims an absurd 8.0% daily return​ – equating to ~$9,600 profit per day on that $120k! Over a 3-day term, that plan would net nearly $28,800 profit plus returning your principal​.

These numbers are astronomical. For comparison, legitimate cloud mining or investment products usually measure returns in single-digit percentages per month (if not per year), not per day. The crypto market is volatile, but no real mining operation can guarantee fixed daily interest like this without magic or mischief. Such consistently high payouts far above market rates simply scream scam.​

BsvCloud Fake Partnerships

To appear credible, BsvCloud’s website and promotional materials drop names of reputable companies and media outlets – attempting to mask their scam with a veneer of legitimacy.

For instance, the site has referenced being featured on Yahoo Finance, Binance, Google News, and other big platforms. How did a no-name cloud mining site get on Yahoo Finance or Binance? The answer: paid press releases and content farming.

BsvCloud orchestrated a PR blitz in early 2025, paying for press release distribution on networks like GlobeNewswire and EIN Presswire. These press releases – essentially advertisements dressed up as news – got picked up by various finance news aggregators. In reality, these were not independent news reports at all – they were paid announcements written by BsvCloud’s marketing team. Scammers frequently use this tactic: by paying newswire services, they get their self-written stories on high-profile sites, tricking inexperienced readers into thinking the project is endorsed by Yahoo or others.

In short, any partnerships or media accolades touted by BsvCloud are self-made illusions. There’s no evidence of genuine backing by reputable firms (for instance, no actual partnership with Binance or Google). Appearing in a press release on Yahoo Finance is something any company can pay for, and does not mean Yahoo vetted or endorsed them. Legitimate companies don’t need to pay for fake awards or news coverage – their reputation is earned through real operations, not PR spins.

Victim Reports and Warnings

A victim created bsvcloud.info to warn others, detailing a $13,000 loss. They described how their first 48-hour contract paid out as promised, and even a series of daily withdrawals on larger contracts went through without issue for a couple of weeks​. This led them to believe the platform was legitimate, and they reinvested a much larger sum – falling right into the trap.

Eventually, the scam revealed itself. When the user tried to withdraw a substantial amount, BsvCloud blocked the withdrawal and fabricated reasons to extort more money. A common tactic amongst scammers.

Other victims also shared their story on Reddit or review sites.

Final Thoughts

BsvCloud.com exhibits virtually every sign of a crypto mining scam, and evidence from both investigators and victims confirms that it operates deceitfully. The platform’s domain and registration details don’t add up, its promised returns defy economic reality, and its tactics line up with classic fraud schemes – including phony media buzz and attempted extortion of additional funds under the guise of taxes or fees​.

If you’ve already deposited funds and are now facing issues, report the scam to your local authorities (local fraud agencies, financial regulators, or cybercrime units) – while recovery is difficult, reporting helps build cases against the perpetrators.