CryptoTab: The Bitcoin Mining Chrome App?

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Have you ever heard of the CryptoTab plug-in? IF you are curious to know more about it, then read our review of this app.

What Is CryptoTab?

Do you want to earn Bitcoin while you use browse using Google Chrome? That is the hook that CryptoTab uses to try to sell itself to you. The idea is that you download a plug-in for Chrome and then you will be able to mine Bitcoin while you use your browser, which will make you earn Bitcoin.

You can invite friends and earn more Bitcoin. The company states that you will be able to earn more than 1 BTC in a single month (which is actually pretty hard to believe). As long as Chrome is open and you have the plug-in you will be able to mine cryptocurrency.

How Does CryptoTab Work?

The idea is that CryptoTab is a huge mining pool which uses the collective power of many computers to earn Bitcoin. This is known as a mining pool.

You will be able to log in your account by using your Facebook or Google account. This is a good idea because your Bitcoin balance will be always safe. If you accidentally delete your app, you will lose all the Bitcoin that you already have mined if you do not create an account.

So here is the problem: the company states that you should withdraw your money when you have at least 0.0004 BTC, which can take “a few months” to gather. The BTC price is actually around 10,000 USD, then 0.0004 BTC is no more than 4 USD. The company promises that you can earn up to 1 BTC, but the only way to do that is by inviting as many people as you can to use the app.

Have you ever heard of a Ponzi Scheme? That is exactly what this is. You will get money from the people that you invite but you have to invite more people, which will also have to do this. This is not a sustainable model of business, which means that this company is basically doomed. You will only be able to get any money by basically scamming people into calling other people to be scammed.

At the moment, you can only use this platform via your desktop computer. The smartphone version is still not online at the moment.

How To Invest In CryptoTab?

It is very easy to use the app. You have to download it and then install it on Google Chrome. It is important to perceive that this is not an official app sanctioned by Google and nor it is a very good investment, so be warned that it might not be a good idea to use this program at all.

You can also increase the speed of mining by using the settings of the CryptoTab plug-in, but this will make you spend more processing power than you would be if you just left the settings on Normal, so it might not be a good idea if your computer does not have a high speed processor.

Payments are made twice a day and the company has proof that it pays, so you can be at least somewhat secure that they will really pay you for using the app.

The CryptoTab Verdict

As we stated above, you should not invest in CryptoTab. This is no more than a lazy scam. While you will, in fact, earn Bitcoin by using this cryptocurrency, it will probably make Google Chrome slower and you will not earn money enough to justify all the effort. You know who will actually earn a lot of money? The company who invented CryptoTab.

This is why you should never believe companies that are offering things that are just too good to be true. Often, they simply are not true at all. Be wary of these companies, as they do not offer anything of interest to you and can also install malware on your computer or, in this case, use your power to mine Bitcoin and give you almost nothing in return.


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