ToTheMoon Review – Professional Cryptocurrency Mining Or TMT ICO Scam?

ToTheMoon, found online at, claims to provide turnkey mining services and custom packages. Find out how the platform works today in our review.

What Is ToTheMoon?

ToTheMoon is built with the goal of allowing customers to access cryptocurrency mining. You can buy miners from the company, or purchase tokens representing a share of the company’s mining profits.

ToTheMoon has created its own digital tokens called ToTheMoon Tokens, or TMT. These tokens give users the right to use the capacities of the ToTheMoon mining farm without paying rent for 25 years.

At first glance, the entire ToTheMoon website appears to be legitimate. They have an extensive whitepaper and detailed information about the team. However, ToTheMoon appears to be a scam website that copies information from Cryptonomos, a separate mining company that launched earlier this year. not only has a similar website name, but the whitepaper is a near-perfect copy of the original Cryptonomos whitepaper.

In a Medium post, Cryptonomos claimed they have “alerted our attorneys to this development” and described the people running ToTheMoon as “thieves and frauds”.

Let’s take a closer look at how ToTheMoon works today to find out if it’s a scam or a legitimate investment opportunity.

How Does ToTheMoon Work?

The company has constructed three mining farms. Each farm is designed to last 25 years. The capacity of the three farms is 1.4, 1, and 1 MW. All three farms are functioning successfully.

As the developers earn more money through the ICO, the company plans to build new mining modules. A total of four modules are being planned.

You can buy a package from ToTheMoon representing a certain hash rate and miner. Your package cost includes a one-time fee for buying the miner along with a daily hosting fee. That daily hosting fee covers electricity, maintenance, and the lease of mining capacities.

On the website, customers can buy five different miner and cryptocurrency pairs, including Asic S9/BTC, Panda B3 Plus, Asic L3, Antminer D3, and Asic S9/BCH.

You can also purchase TMT tokens representing a share of the company and its profits. 1 TMT token = 0.5 W = $0.50 USD.

The TMT Token Sale

The TMT token pre-sale began on September 5, 2017. The general crowdsale, meanwhile, is scheduled for September 20 to October 31. A total of 45 million tokens will be available across the pre-sale and crowdsale.

You can buy TMT tokens for BTC and ETH.

For every 100 tokens sold, there will be an additional 10 units issued for team members, and 5 units issued for partners and consultants. And, for every 100 sold units, 57.5 W of power of the mining farm will be put into operation.

The developers plan to continue building four new modules throughout October and November to add power capacity onto the project.

TMT tokens can be used from the very first date of issue. There’s a total supply of 51,750,000 tokens. The tokens are Ethereum ERC20-complaint tokens.

Ultimately, as we mentioned above, ToTheMoon appears to be a scam – so you should avoid giving money to the company or buying TMT tokens for any reason.

Who’s Behind ToTheMoon?

ToTheMoon is led by Steven Moore (General Manager), Frank Kermode (Smart Contract Developer), and George Harlan (Chief Financial Officer). Limited information is available online for each member of the team, and we can’t find any additional information about any of these individuals available online.

The company also lists advisors like Jeremy Gardner (Founder of Augur), and Dr. Derek Rayside, a professor at the University of Waterloo. However, based on reports online, Dr. Derek Rayside has no knowledge of the company, and the project is using his name and picture without consent. Dr. Rayside is affiliated with one cryptocurrency, but TMT isn’t it.

Is ToTheMoon A Scam?

ToTheMoon appears to have a detailed website with lots of information about itself online. The company seems to be legitimate, and they seem to be creating real mining farms.

However, ToTheMoon has been accused of being a scam online. Based on reports we can find, we agree.

The reason appears to be legitimate is because it’s a verbatim copy of a legitimate mining operation called Cryptonomos, which recently completed a successful WTT token launch for its Giga Watt mining project. The creators of appear to have copied all relevant data from the project, inserted new names, then convinced people it’s a real operation.

On September 15, Cryptonomos released a post on Medium issuing their official statement on They called the release of the project “very disturbing news” and described that their attorneys are currently taking action against the developers.

ToTheMoon Conclusion

There are plenty of cloud mining scams on the internet today. ToTheMoon, found online at, seems to be a legitimate mining company at first glance. The company has a detailed whitepaper and extensive website explaining its operations.

However, at closer inspection, the company appears to be a verbatim copy of Cryptonomos, a legitimate mining operation that launched earlier this year. The words on the ToTheMoon website and in the whitepaper are an identical copy to the materials provided by Cryptonomos.

Ultimately, it’s not clear who’s behind ToTheMoon. However, avoid giving money to this company. It’s another blatant bitcoin investment scam.

[vc_btn title=”Watch Our #1 Rated Bitcoin Earning Program Here” color=”juicy-pink” size=”lg” align=”center” i_icon_fontawesome=”fa fa-btc” button_block=”true” add_icon=”true” link=”|title:Most%20Popular%20Cryptocurrency%20Expert%20Reveals%20All||”]

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Justin Sun's P2P Streaming Service Acquires eSports Platform DLive; Now Launches BitTorrent X Ecosystem

BitTorrent Inc, the popular peer-to-peer data sharing protocol and app, has acquired the well-known decentralized streaming platform DLive. The firm also announced that it...

DeFi Growth & Stablecoin Surge Most Bullish Crypto Development: DCG State of Crypto 2020 Survey

39% of the respondents that involve 150 portfolio companies see DeFi as the most bullish crypto development of 2020, as per the DCG Founders...

Non-Custodial Bitcoin Exchange, Hodl Hodl, Launches Lending Service Without KYC

Hodl Hodl, a non-custodial Bitcoin exchange, is launching a KYC-free lending product for its customers. The exchange claims that its lending product would be...

Total Value Locked in Harvest Finance Surpasses $1 Billion, Up 366,200% Since September

Decentralized platform Harvest Finance that provides users a way to farm assets for the highest yields now has more than a billion dollars in...

Strong Institutional Demand for Bitcoin, CME Becomes Second Largest BTC Futures Market

Bitcoin's price made a big shift this week as the bulls gained control of the market and pushed it past $13,000. A similar shift has...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today