Stormgain : Free mining review

❌ Summary: NOT worth it

Est. income: 0 for at least months, then miniscule (too high withdrawal fees)

Summary hook

[true] Basically free BTC to play with, for clicking once every 4 hours. “on the house”.

Earn “up to 8%” passive income which is actually quite low in Crypto world.

Summary gotcha

  • Runs like a faucet for ‘bonus BTC’. It’s marked and cannot be withdrawn. However the money can be used to trade and win/lose. The winnings however can be withdrawn
  • The initial amount mined before it withdraws is USDT$10 (1 week’s work?)
  • Once you get to USDT$10 you can withdraw it out to Wallet, which you can start your USDT trading
  • Deposits are free, Withdrawals are NOT.
    One exception is SEPA (they do NOT support SWIFT). This makes it useless for me to withdraw.
    Other options is Crypto-withdrawal. Withdrawal feels are STUPID HIGH.
    Source: https://stormgain.com/fees-and-limits

My Journey with Stormgain

  • I took the safe option and went BTC/USDT. Took over a week to add +$3 (market volitility reasons) Then it dipped then took another 3 weeks to get the $3. So, the earning is a lot of 4 hour clicks, for USDT$6.50 in a month.
  • As of 12 Jan 2023, I now have USDT$16.50. where USDT$10.50 is bonus, leaving me with USDT$6 which I can withdraw.
  • USDT can only be withdrawn with ERC20 (ETH) – minimum cost is USDT$7 + 0.1% fee on top. This is definately not profitable for days of 4 hour clicking (which there is an ad that they’re probably earning too).
  • Will continue until I get at least some money out of it for now. Let’s see how it goes. I think the best is to trade a win (5x leverage?) a few times to get that really miniscule USDT$10 startup to about USDT$25, -7 = 18, then -0.1% = USDT$17.82 ish. Yes, I could wait till I earn about USDT$1000, and lose USDT$8, but that would take a whole decade of just clicking and a lot of luck to even win $3.. at a time.

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