IQ Mining (IQMining) Review

// Review

by the bestcloudmining editorial desk · review version 1 · prose updated 2026-09-24 · facts as of 2026-09-24 · how we verify

Overview

IQ Mining (IQMining) is flagged scam in our research - do not sign up. This page stays up as an archive and a warning.

What you can rent

Offered (coins: BTC, ETH). Contracts priced per unit hashrate, e.g. 2023 snapshot: SHA-256 from $0.106/10 GH/s; SHA-256 Pro from $0.128/10 GH/s; USDT from $0.098/1 GH/s. Maintenance fee 0.0004$/10 GH/s/24h (BTC contracts). You do not own the underlying hardware unless the provider explicitly says otherwise - with a contract you hold a claim on hashrate or compute for a term, not an asset you can resell.

Contract & terms

Minimum purchase: not documented. Contract term: not documented. Maintenance/fee: Explicit daily maintenance fee deducted in addition to contract price.. Payouts: Daily payouts in contract currency (BTC/BCH/USDT).. Contracts priced per unit hashrate, e.g. 2023 snapshot: SHA-256 from $0.106/10 GH/s; SHA-256 Pro from $0.128/10 GH/s; USDT from $0.098/1 GH/s. Maintenance fee 0.0004$/10 GH/s/24h (BTC contracts). Where a term is not documented, assume it can change and get it in writing before paying.

Proof & verifiability

Proof of hashrate/compute is not documented. A vendor claim is not proof: check for a payout address, a pool worker you can watch, or a hardware attestation before trusting a large contract.

Reliability & history

Widely listed as a scam on anti-fraud/community sources for years; the combination of daily returns, 'double up', Forex margin trading and 'up to 180%/year' auto-reinvest is a classic HYIP profile. Website returns HTTP 403 to datacenter IPs in 2026 and no longer resolves as an operating store; only archived 2023 content remains. Treat as a scam/HYIP. Noted concerns: Widely listed as a scam on anti-fraud/community sources for years; the combination of daily returns, 'double up', Forex margin trading and 'up to 180%/year' auto-reinvest is a classic HYIP profile. Website returns HTTP 403 to datacenter IPs in 2026 and no longer resolves as an operating store; only archived 2023 content remains. Treat as a scam/HYIP.. Facts not fully verified (reported) as of 2026-09-24 - start with the smallest possible purchase and test a payout before scaling up.

Pricing

Documented pricing: $0.10. Payment methods not documented. KYC: unknown. Compare prices only in the same unit - a per-TH/s-day figure and a per-GPU-hour figure are not the same product.

Verdict

IQ Mining (IQMining) is not operating and is flagged scam - do not sign up. Working alternatives are in our comparison table.

// IQ Mining (IQMining) FAQ

What do I actually get from IQ Mining (IQMining)?

Access to BTC, ETH hashrate/compute. You do not own the hardware unless stated - the contract is the asset.

What is the total cost including fees?

Documented pricing: $0.10. Fees: Explicit daily maintenance fee deducted in addition to contract price. - factor maintenance into any comparison.

Is there a minimum or a trial?

No minimum is documented - confirm with the provider.

How do payouts work?

Payouts: Daily payouts in contract currency (BTC/BCH/USDT)..

Is it legit and verifiable?

Proof of hashrate/compute is not documented.

What happens if it shuts down?

In a contract you own no hardware, so if the operator disappears the contract is likely worthless - the pattern behind several documented collapses in our Scam Watch.

Should I use IQ Mining (IQMining) or just buy the coin or hardware?

If you cannot verify a payout and a clear term, buying the coin or owning a miner leaves you in control - run the numbers with our mining calculator first.