PAXMINING has introduced a new cloud mining platform claiming automated mining with daily payouts. However, there are no verified statements from leadership or partners.
Cloud Mining Announcement
PAXMINING announced a cloud mining platform claiming "automated multi-coin mining with daily payouts." This information lacks verified statements from founders or well-known exchanges.
Lack of Confirmations and Supporting Data
The platform claims to use AI for optimization and has "green farms." However, there are no official confirmations from Kraken or others, reducing credibility. No executives have publicly endorsed the partnership or platform.
Community Reaction and Consequences
The announcement has raised significant skepticism within the crypto community due to a lack of evidence. Without blockchain data or confirmed partnerships, claims of large-scale operations and user base remain highly questioned. Historical trends suggest that PR-driven initiatives without sufficient proof rarely succeed long-term.
The unclear status of the rollout generates uncertainty and may affect retail interest. In an environment of distrust, users will likely seek proven operations with transparent disclosure practices.
