House Mining Energy

House Mining Energy: Bitcoin Mining Contracts and Access to Global Markets

House Mining Energy presents itself as a broker that trades bitcoin mining contracts and offers access to multiple markets from a unified account. The company operates under the name "Block House Mining LTD" and states it is registered as a British exempt company with CIK number 14048178. Its offering combines investment in energy mining infrastructure with trading in cryptocurrencies, stocks, forex, real estate, gold mining ETFs, and oil and gas ETFs.

Mining Contracts: Tiers, Returns, and Conditions

The mining contract catalog is structured in five tiers, each with a target daily return, a payout term, and a minimum and maximum investment range. The Starter, Growth, Standard, Premium, and Elite contracts have the following conditions according to published information:

• Starter: 5% daily ROI, daily payout after 24 hours, minimum investment of 60 USD and maximum of 999 USD, no additional incentives.
• Growth: 15% daily ROI, daily payout after 24 hours, minimum investment of 500 USD and maximum of 1,999 USD, no additional incentives.
• Standard (recommended): 30% daily ROI, daily payout after 48 hours, minimum investment of 2,000 USD and maximum of 8,999 USD, with additional incentives.
• Premium: 50% daily ROI, daily payout after 48 hours, minimum investment of 9,000 USD and maximum of 19,999 USD, with additional incentives.
• Elite: 75% daily ROI, daily payout after 24 hours, minimum investment of 20,000 USD and no specified maximum, with additional incentives.

The company states that commissions start at 5%, with low and competitive interest rates, and that the yield enhancement feature of mining contracts aims to optimize returns. It also notes that the initial investment can be from 60 USD, with no additional spreads, ticket charges, transaction fees, or account maximums.

Available Markets and Products

In addition to mining contracts, House Mining Energy offers exposure to cryptocurrencies, stock trading, forex, real estate, options, and ETFs. In the ETF segment, the firm specifically mentions gold mining ETFs, in which it invests in gold and silver miners' stocks, and oil and gas ETFs. The company states it facilitates the buying and selling of these instruments with competitive commissions through its contract plans and daily updates.

The platform also describes loan services with low interest rates, fast deposits and withdrawals, and custody of funds in segregated bank accounts. According to its presentation, crypto assets are held at Coinbase on a 1:1 reserve basis, which guarantees full backing of client funds, and institutional-grade hot and cold storage solutions are used.

Corporate Profile and Operational Data

The company states its incorporation in 2022 and reports equity capital of 14.6 billion dollars, with 82.6% privately held. It claims to have automated risk controls, assets marked to market daily, and an "A- Outlook Stable" rating from Standard & Poor's. It also states that it operates in 150 markets, 34 countries, and 27 currencies, and offers access to market data 24 hours a day, 7 days a week.

Regarding compliance, House Mining Energy implements a KYC (Know Your Customer) framework to verify user identity, prevent fraud, and comply with international AML standards. The company presents itself as a British exempt company with a regulatory agreement with the BVI company Inc. Housemining.energy, and its registered address is Tontine Street, Folkestone, London, United Kingdom, CT20 1JR.

Investment Process and Bonuses

The process to start investing consists of three steps: create a username, password, and email; explore and evaluate energy mining contracts according to financial goal; and fund the account to invest in the desired contract or reinvest funds from an existing balance. The company promotes a 2% bonus for activating a mining contract, subject to terms and conditions, and mentions a campaign linked to the #FIFAWC event.

Risk Warning

The firm itself warns that cryptocurrency markets are highly volatile and that trading or holding crypto can lead to loss of assets. House Mining Energy clarifies that it is not an exchange, nor a custodial wallet, nor legal tender, and that it is not backed by any government or covered by government compensation schemes. Cryptocurrency payment services are offered to eligible customers through an account with Housemining.energy (CIK: 14048178).

Location and Contact

Tontine Street, Folkestone, London, United Kingdom, CT20 1JR