Cloud Mining Service FT Mining Promises High Returns

FT Mining offers cloud mining services that allow users to participate in cryptocurrency mining without buying equipment or managing technical infrastructure.

The company advertises short contracts with projected returns ranging from 6.6% to above 1,500% overall.

FT Mining claims FCA regulation and Lloyd's insurance, but does not provide supporting documents publicly.

The platform's operating model involves creating an account, depositing supported digital assets (including BTC, ETH, USDT, and XRP), selecting a listed hash-rate contract, and receiving settlements according to the contract's stated schedule.