Eobot Review

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Eobot Review

About Eobot

Eobot is a California based cloud mining company that has been operational since May 2013. Eobot has a large user base of over 1,494,044 users. Eobot has a good reputation but we have never experienced a positive with Eobot cloud mining.

Eobot contracts: Eobot has Bitcoin cloud mining and Scrypt cloud mining contracts for sale.

Other contracts: Hashflare, Genesis Mining and Nicehash offers other cloud mining contracts, such as Ethereum, DASH and Zcash.

Eobot Bitcoin Contract

  • 1 GHS = $2.79
  • For 2.0 GHS, the fee is $0.00117/GHS/Day for a fee of 100%
  • For 3.0 GHS, the fee is $0.00058/GHS/Day for a fee of 100%
  • For 4.0 GHS, the fee is $0.00021/GHS/Day for a fee of 31%
  • Bitcoin cloud mining uses the SHA-256 algorithm.

The value of the fees listed above may change as Bitcoin mining difficulty increases, exchange rates vary and newer ASICs come online.

Fees are removed every 60 seconds; the balance you see on your account will always be the true value after the fees have been deducted.

Running time

Eobot’s Bitcoin contracts are available as 5 year contracts and 24 hour contracts.

Eobot Payouts

You may choose to receive payouts in any cryptocurrency displayed on the Eobot website. You will need a cryptocurrency wallet in order to receive payouts. If you don’t already have a wallet, we recommend Coinbase. Users can receive $10 of free Bitcoin when funding their accounts with at least $100.

In order to receive payouts:

  1. Go to www.eobot.com
  2. Sign up with your email address
  3. Confirm email
  4. Login
  5. Choose contract
  6. Receive daily payouts

Eobot Profitability

Allcloudminers.com tested several Eobot mining contracts and found them to be not profitable. However, Eobot has since introduced several updates that may have increased the profitability; we intend to try out the company’s contracts again to give an updated review. According to the Eobot website, the breakeven period for Cloud SHA-256 4.0 contracts is 53.13 months.

Support and Security

Eobot offers several channels for support, including phone, email, a contact form on the Eobot website, and a FAQ. There is also a chat feature on the website.

 

Eobot is highly secure due to its Public Audit and Hacker policies which are designed to protect users’ funds from security breaches. The company has never suffered a critical attack in over 4 years of operation.

Eobot Pros and Cons

Pros

Eobot’s platform is easy to understand, and it offers a vast variety of cryptocurrencies. The company’s chat function on its website is also a pro, as it allows you to chat with other online users and receive real-time support. Furthermore, the ability to purchase cloud mining contracts with PayPal increases the company’s convenience and accessibility. The company’s committment to security is also a major plus.

Cons

While the platform has some odd graphics that are a bit perplexing, the main disadvantage of Eobot is that it is significantly less profitable than other cloud mining companies such as HashFlare and Genesis Mining.

Conclusion

Based upon our experience, we gave Eobot a 2 star rating due to the lack of profitability. However, since we tested them, Eobot has introduced multiple updates, so we plan to try the company out again soon. We will provide an updated review shortly.

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