BitHarvest has started two low-effort offshoot Ponzi schemes at the same time as its website traffic has stalled.
BitHarvest’s website traffic increased by only 3% in February 2025, according to SimilarWeb’s data. Although this isn’t a general drop, to put things in perspective, traffic was up 24% the previous month.
Until next month, we won’t be able to determine if BitHarvest’s website traffic decreased this month.
In any case, BitHarvest has hurriedly released two subsidiary Ponzi schemes in an effort to ensnare as much capital as possible.
BitHarvest announced the release of BitBull and BitFarming on or around March 22nd.
A straightforward staking Ponzi scheme is BitFarming:
effort at a scam; all that is involved is the promise of up to “10x” over 15 days (1000%) with merely bitcoin in.
BitBull is… Well, have a look for yourself:
Boris CEO Logan Lee is in charge of BitHarvest, an MLM cryptocurrency scam.
Steve Ng, a Singaporean citizen and Prudential insurance agent, portrays Lee:
A miraculous USB gadget that boosts mining machine efficiency is BitHarvest’s main Ponzi scam. Crypto mining in Texas is a supplementary ploy that links Jaz Pee (also known as Wei Haw Pee) to the fraud.
The US accounted for 62% of BitHarvest’s 655,000 monthly website views as of February 2024. In October 2024, the DFPI of California issued a cease and abstain order regarding BitHarvest fraud.
With 12% of all BitHarvest website traffic, Ukraine came in second. In February 2025, the Russian Central Bank warned about BitHarvest pyramid scheme.
Although the precise time of BitHarvest’s demise cannot be predicted, a predictable trend is shown by falling website traffic and low-effort Ponzi spinoffs.
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