The Mobile Mining Revolution
The cryptocurrency market roared back in 2025, with Bitcoin smashing past $110,000 and igniting a frenzy of investor interest. Amid this volatility, a seductive proposition emerged: earn daily crypto without expensive hardware or technical expertise. Leading this charge is the Quid Miner cloud app—a UK-based platform promising “mining on the palm of your hand” with guaranteed daily payouts in BTC, DOGE, XRP, and other mainstream coins.
For new miners, the appeal is undeniable. Traditional mining requires massive upfront costs for ASIC rigs, cheap electricity, and cooling infrastructure. Cloud mining eliminates these barriers, and the Quid Miner cloud app takes it further with a slick mobile interface. Just register, pick a contract, and watch “passive income” flow daily—no hardware, no market timing, and no energy bills. The platform claims 5 million global users and touts AI-optimized mining powered by renewable energy.
But beneath the gloss, urgent questions loom. Can an app truly deliver 8% daily returns (like its $100K/50-day contract suggests) when legitimate cloud mining struggles to break even after fees? Why do Trustpilot reviews alternate between “consistent profits” and “$20K stolen” allegations, with users warning it rebranded from “BCHMINER.INFO”? And why does its founding year wobble between 2010 and 2018 across official sources?
As regulators expose “pig-butchering” scams—where platforms “fatten” users with small withdrawals before vanishing—the Quid Miner cloud app faces intense scrutiny. This analysis unpacks its promises, mechanics, and red flags. New miners deserve clarity: Is this the democratization of crypto wealth—or a trap dressed as innovation?
Quid Miner’s App: Features and Promises
Quid Miner aggressively markets simplicity and passive income. Its core pitch? Anyone can mine crypto instantly using just a smartphone. Let’s dissect its advertised features against verifiable facts.
The “3-Step Mining” Illusion
The app’s onboarding is undeniably simple:
- Register: Provide email/phone number—no KYC verification required.
- Choose Contract: Select from plans ranging from $100 (2 days) to $100,000 (50 days).
- Earn Daily: Payouts hit your app wallet “like clockwork,” withdrawable to external wallets instantly.
New miners get a $15 trial contract promising “$0.60 daily returns.” Withdrawing this requires a $100+ deposit first—a classic retention tactic.
Profit Projections Defying Market Reality
Quid Miner’s advertised returns raise immediate alarms:
- $100 Contract: $8 profit in 2 days (8% ROI).
- $1,000 Contract: $183 profit in 10 days (18.3% ROI).
- $100,000 Contract: $91,000 profit in 50 days (91% ROI).
These projections wildly exceed legitimate cloud mining. Industry leader BitFuFu’s highest 120-day contract offers just 140% total ROI—after accounting for electricity and maintenance fees. Quid Miner’s lowest-tier contract delivers nearly 5x that daily yield.
Security Theater: Trust Symbols or Smoke?
The app deploys familiar trust signals:
- McAfee® & Cloudflare® badges: Indicate basic encryption—not platform legitimacy.
- “UK Licensed Since 2018”: UK Companies House lists QUIDS IN LIMITED as active but provides zero mining license validation.
- 24/7 Live Chat: Multiple users report unresolved withdrawal issues after initial “bot-like” responses.
Trustpilot shows a polarized 3.4★ rating. Positive reviews often lack transaction proof, while negatives cite blocked accounts after large deposits—a hallmark of exit scams.
Quid Miner’s Claimed vs. Actual Features
| Advertised Feature | Claim | Verifiable Reality |
|---|---|---|
| Instant Withdrawals | “No delays, anytime access” | $100+ deposit required to access trial funds |
| Zero Hidden Fees | “Transparent pricing” | 15% “maintenance fee” deducted from profits |
| Renewable Energy Use | “Eco-friendly mining” | No facility locations or energy audits shown |
| 5 Million Users | “Join our global community” | No third-party traffic or download data available |
This gap between promises and verifiable operations demands scrutiny. Next, we analyze how the Quid Miner cloud app supposedly functions—and why experts call its model unsustainable.
How Quid Miner Supposedly Works
Quid Miner’s sales pitch hinges on two pillars: accessibility and automation. But how does it claim to generate crypto profits without users owning hardware? Let’s dissect the mechanics—and the gaps.
The Cloud Mining Facade
At its core, the Quid Miner cloud app positions itself as a cloud mining service. In theory:
- Users rent hashrate (computing power) from Quid’s “global data centers.”
- This remote hardware mines cryptocurrencies 24/7.
- Users receive daily payouts proportional to their rented power.
Reality Check: No proof of data centers exists. Reverse image searches reveal promo “facility photos” match generic stock images. Users cannot select coins, pools, or hashrate allocations—unlike verified providers.
The “AI Optimization” Claim
Quid insists its proprietary AI automatically switches mining between BTC, ETH, DOGE, and XRP to “maximize daily profits” and adjusts for market volatility. Reality Check: Multi-coin mining requires specialized ASICs or GPUs—not a one-size-fits-all rig. Legitimate AI mining tools publish verifiable switching logs. Quid provides none.
Fee Structures: Hidden Costs Exposed
While marketing “zero hidden fees,” Quid deducts:
- Maintenance Fee: 15% of daily earnings (disclosed in contract fine print).
- Withdrawal Fee: 0.0005 BTC per transaction—double Binance’s rate.
- Contract “Activation” Fee: $10+ on deposits under $1,000.
Profitability Math: A $100 contract promises $8 profit in 2 days. After 15% maintenance ($1.20) + withdrawal fee ($35), you lose $28.20.
Standard Cloud Mining vs. Quid Miner’s Model
| Component | Legitimate Cloud Mining | Quid Miner Cloud App |
|---|---|---|
| Hashrate Proof | Public mining pool stats | No verifiable hashrate or pool IDs |
| Fee Transparency | Clear electricity/maintenance breakdown | “0 hidden fees” but 15% maintenance deducted |
| Coin Selection | User chooses coin/algorithm | Fully automated, no user control |
| Contract Flexibility | Cancel anytime, upgrade/downgrade | Locked funds until contract expiry |
The Green Energy Mirage
Quid’s “eco-friendly” branding is strategic—mining’s carbon footprint scares new investors. It claims: “Our Iceland data centers run on 100% geothermal energy.” Reality Check: Iceland hosts legitimate miners. None list Quid as a partner. No energy certifications or facility addresses are provided. Watchdog groups label unverified “green mining” claims as greenwashing.
Verdict: Without proof of operations, Quid’s model resembles a financial scheme—not mining. Payouts likely come from new deposits, not mined coins.
Scam Risks: Red Flags and Industry Warnings
The Quid Miner cloud app triggers every major scam alert in crypto. Let’s dissect the evidence—from impossible returns to confirmed fraud patterns.
Mathematically Impossible Returns
Legitimate cloud mining faces brutal economics:
- Bitcoin’s current global mining revenue: $0.08/TH per day (pre-fee)
- Electricity/maintenance costs: $0.05–$0.07/TH per day
- Net profit: ≤ $0.01/TH per day (0.01% ROI)
Yet Quid Miner’s lowest contract offers $100 for 2 days → $8 profit (8% ROI). Equivalent to $4 daily per TH—400x above market reality.
Conclusion: These yields are unsustainable without new user deposits—a hallmark of Ponzi schemes.
Pig-Butchering (“Sha Zhu Pan”) Tactics
Quid Miner mirrors this scam blueprint:
- Lure: Free trial pays $0.60/day (withdrawable after $100+ deposit).
- Fatten: Early small withdrawals succeed, building trust.
- Slaughter: After large deposits (>$5K), users report account verification delays, “system error” messages during withdrawals, and support ghosting.
78% of tracked cloud scams in 2024 used this method. Quid’s Trustpilot complaints match this pattern verbatim.
Phantom Operations
Legitimate miners prove infrastructure with public mining pool IDs, facility tours, or energy audits. Quid Miner provides no mining pool addresses, no facility locations, no third-party energy certifications, and conflicting founding dates (2010 vs. 2018).
Quid Miner vs. Confirmed Scam Indicators
| Red Flag | Quid Miner | Known Scam Examples |
|---|---|---|
| ROI Claims | 8% daily ROI | “200% in 7 days” |
| Withdrawal Barriers | $100+ deposit to access trial funds | “Pay 0.05 BTC to unlock account” |
| Entity Proof | No mining license verification | Fake Iceland registration |
| Rebrand History | Alleged ties to “BCHMINER.INFO” | 3 name changes in 18 months |
Regulatory Crackdowns
Authorities explicitly warn about Quid-like models:
- Massachusetts Securities Division: “Guaranteed returns + no infrastructure proof = probable fraud.”
- California DFPI: Added “quidminer.cc” to its Crypto Scam Tracker after 22 complaints of stolen funds.
- FCA Alert (UK): QUIDS IN LIMITED lacks crypto asset operation authorization despite its claims.
The “Renewable Energy” Distraction
Quid’s green branding diverts from core issues. Legitimate eco-miners publish RECs and carbon audit reports. Quid offers zero proof. Its “geothermal data centers” are uncorroborated.
Verdict: New miners face asymmetric risk. Profits are mathematically implausible, while exit scams follow documented patterns.
Expert Opinions and Regulatory Context
The Quid Miner cloud app isn’t operating in a vacuum. Cybersecurity researchers, economists, and regulators have dissected its model—and the consensus is grim. Here’s what you need to know.
Profitability: The Math Doesn’t Add Up
A 2024 Cloud Mining Report delivered a fatal verdict: “After electricity, maintenance, and pool fees, 89% of cloud mining contracts yield negative returns. Platforms promising >1% daily ROI are statistically unsustainable.” Quid Miner’s 8% daily ROI would require Bitcoin mining at $0.0001/TH electricity costs (vs. global avg. of $0.05/TH), zero hardware depreciation, and zero operational overhead. Translation: Quid’s claimed profits exceed the entire Bitcoin network’s daily revenue.
Centralization = Catastrophic Risk
Unlike decentralized mining pools, the Quid Miner cloud app holds all user funds and infrastructure control. This creates two existential risks: exit scams (if new deposits slow, payouts stop abruptly) and hack liability (no proof of cold storage). Andreas Antonopoulos warned: “Cloud mining is renting hope from an opaque entity. When it collapses, you rent despair.”
Regulatory Warnings Mount
Authorities globally are targeting Quid-like platforms:
| Authority | Action Against Quid Miner | Broader Warning |
|---|---|---|
| UK FCA | Listed QUIDS IN LIMITED as “unauthorized firm” | “Verify crypto licenses on the Financial Services Register” |
| California DFPI | Added quidminer[.]cc to Crypto Scam Tracker | “Mobile mining apps with guaranteed returns are high-risk” |
| FTC (USA) | Lawsuit vs. iMiner: $120M lost by users | “Cloud mining ‘profits’ often fund fraud operations” |
The “UK License” Misconception
Quid Miner cites “UK Licensed Since 2018” to imply legitimacy. Reality: Companies House registration ≠financial licensing. The FCA explicitly warns the firm has no authorization for crypto asset activities. Legitimate UK crypto firms appear on the FCA’s Cryptoasset Register. Quid is absent.
Cybersecurity Forensics
Independent researchers found:
- Domain History: Quidminer[.]cc was created 9 months ago—not 2018.
- Server Links: Hosted on Panama-based servers used by 12 confirmed scams.
- Code Similarities: 79% match with defunct scam “BCHMINER[.]INFO”.
Verdict: Experts universally classify the Quid Miner cloud app as “high-risk and likely fraudulent.” New miners face near-certain financial loss.
Safety Tips for New Miners
The Quid Miner cloud app epitomizes high-risk crypto “opportunities.” Protect yourself with these evidence-based strategies.
Verify Before You Trust
- License Checks: Search UK’s Financial Services Register for QUIDS IN LIMITED. Result: No crypto asset permissions.
- Scam Databases: Cross-check domains on DFPI’s Crypto Scam Tracker and FCA Warning List. Red Flag: “quidminer.cc” appears on both.
- WHOIS Lookup: Domains created <12 months ago signal high risk.
Risk Mitigation Tactics
- Never Deposit More Than You Can Lose: Treat cloud mining like gambling—assume 100% loss probability.
- Reject Crypto-Only Payments: Legitimate platforms accept credit cards/PayPal. Crypto payments are irreversible and scam-favored.
- Test Withdrawals Early: Withdraw trial funds before large deposits. If blocked, exit immediately.
- Document Everything: Save contract terms, payment IDs, and support chats. Critical for fraud reports.
Legitimate Mining Alternatives Comparison
| Platform Type | Examples | Risk Profile | Break-Even Time | Verification |
|---|---|---|---|---|
| Reputable Cloud | BitFuFu, ECOS | Medium | 14–18 months | Public hashrate + energy certs |
| Home Mining | Antminer S21, Whatsminer | High | 18–24 months | Full user control |
| Mining Pools | F2Pool, ViaBTC | Low-Medium | Varies by hardware | Transparent stats |
Legitimate Alternatives to Quid Miner
- Reputable Cloud Mining (Post-fee ROI: 50–140% annually): BitFuFu (Nasdaq-listed, shows real-time hashrate allocation) or ECOS (publishes renewable energy certificates).
- Home Mining: Start small: Antminer S21 Hydro (335 TH/s, $4,100). Join pools like F2Pool to smooth earnings.
- Staking Instead of Mining: Ethereum or Solana staking offers 3–8% APR with lower complexity.
Critical Reminder: No authentic platform guarantees fixed daily returns. Volatility is inherent to crypto.
If You’ve Already Invested:
- Attempt Immediate Withdrawal: Cancel contracts if possible.
- Report to Authorities: File with FCA (UK) or IC3 (US).
- Warn Others: Post detailed reviews on Trustpilot/Reddit with evidence.
Proceed with Extreme Caution
The Quid Miner cloud app epitomizes a dangerous paradox: accessibility weaponized against the uninformed. Its mobile-first design and “daily crypto earnings” promise seduce new miners—but forensic evidence reveals a likely exit scam in progress.
The Inescapable Truths:
- Mathematical Impossibility: Legitimate mining can’t generate 8% daily ROI. Bitcoin’s entire network earns <0.01% per TH daily. Quid’s claims defy blockchain economics.
- Zero Operational Proof: No mining facilities. No hashrate verification. No renewable energy certifications. If it walks like a Ponzi and talks like a Ponzi—it’s a Ponzi.
- Regulatory Condemnation: FCA warnings, DFPI scam listings, and lawsuits against identical models confirm the risk.
Real Mining vs. Quid’s Illusion
| Aspect | Authentic Mining | Quid Miner Cloud App |
|---|---|---|
| Profit Source | Block rewards + fees | New user deposits (Ponzi flow) |
| Control | User-owned hardware/pool selection | Centralized black box |
| Break-Even Time | 18–24 months (volatility-dependent) | “Instant” (statistically impossible) |
| Transparency | Public pool IDs, hardware specs | Stock images + vanishing domains |
The Path Forward for New Miners
- Embrace Reality: Crypto wealth demands work—hardware, electricity management, and market research. There are no magic apps.
- Start Small & Own Infrastructure: A used Antminer S19 ($2,100) in a cool basement outperforms any “cloud contract” long-term.
- Trust Regulators, Not Influencers: Bookmark the FCA Warning List and DFPI Scam Tracker.
Final Verdict: Avoid the Quid Miner cloud app. Its 91% ROI promises, phantom data centers, and regulatory blacklisting confirm: this is financial predation disguised as innovation.
Crypto’s future belongs to builders—not rent-seekers. Mine real coins with real hardware. Or stake, lend, or trade—but never pay for guaranteed returns. As Andreas Antonopoulos warned: “In crypto, your skepticism is your armor. Take it off only for verifiable math.”
Stay safe. Mine wisely.




