BitHarvest launches two spinoff Ponzis because it collapses


Coinciding with its web site visitors stalling, BitHarvest has launched two low-effort spinoff Ponzis.

As tracked by SimilarWeb for February 2025, BitHarvest’s web site visitors grew solely 3%. This isn’t an total decline however for context, visitors was up 24% the month prior.

We gained’t know whether or not BitHarvest’s web site visitors declined this month until subsequent month.

In any occasion, BitHarvest has rushed out two spinoff Ponzis in an try to entice as a lot cash within the system.

On or round March twenty second, BitHarvest introduced the launch of BitBull and BitFarming.

BitFarming is an easy staking Ponzi:

There’s no try at a ruse, it’s simply bitcoin in and the promise of as much as “10x” over 15 days (1000%).

BitBull is… properly, see for your self:

BitHarvest is an MLM crypto Ponzi fronted by Boris CEO Logan Lee.

Lee is performed by Steve Ng, a Singaporean nationwide and Prudential insurance coverage agent:

BitHarvest’s major Ponzi ruse is a magical USB machine that will increase mining {hardware} effectivity. A secondary ruse is crypto mining in Texas, which ties the rip-off to Jaz Pee (aka Wei Haw Pee).

As of February 2024, 62% of BitHarvest’s 655,000 month-to-month web site visits originated from the US.  California’s DFPI issued a BitHarvest fraud desist and chorus order in October 2024.

Ukraine was the following largest supply of BitHarvest web site visitors at 12%. The Central Financial institution of Russia issued a BitHarvest pyramid fraud warning in February 2025.

When precisely BitHarvest will collapse is not possible to foretell however declining web site visitors and low-effort Ponzi spinoffs current a predictable trajectory.