Scams Radar

FY Energy Review 2026: A Detailed Look at This Cloud Mining Platform

In the growing field of cryptocurrency cloud mining, FY Energy positions itself as an accessible option for earning passive income. This FY Energy review explores its services, contract plans, referral system, company background, and potential risks. Many users search for reliable ways to mine Bitcoin or other coins without owning equipment. Here, we examine the facts to help you understand what the platform offers and the concerns raised by independent sources, using the same investigative approach commonly applied by Scams Radar when assessing cloud mining and passive income platforms.

FY Energy logo representing a modern renewable and clean energy company

Table of Contents

Part 1: What Is FY Energy Cloud Mining and How It Works

FY Energy logo representing a modern renewable and clean energy company

FY Energy operates as a cloud mining service. Users buy contracts to rent hashing power. The platform claims to use renewable energy sources and advanced hardware for mining popular cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and others.

Key features include daily payouts, principal return at the end of each contract, and bonuses. New users may receive a $20 sign-up bonus. Deposits start from around $100. The site promotes eco-friendly operations and easy access through a mobile-friendly interface.

FY Energy cloud mining dashboard showing renewable energy mining claims, returns offers, and potential investment risks

1.1 FY Energy Crypto Mining Contracts: Plans and Daily Returns

The platform offers various fixed-term contracts with promised daily income. Returns vary by investment size and duration. Principal is returned when the contract ends.

Here are examples of promoted contracts:

Contract Investment

Duration (Days)

Daily Income

Approximate Daily Rate

$100

2

$4

4%

$1,300

3

$49.66

3.82%

$10,300

20

$180.25

1.75%

$59,800

1

$6,494

10.86%

$250,000

26

$6,275

2.51%

Higher tiers promise stronger daily profits. Some contracts focus on specific miners like Ant S21 XP Hyd. The site claims no service fees and automatic settlements every 24 hours.

Part 2: Affiliate Program and Referral Structure

FY Energy includes a 3-tier affiliate program. Users earn commissions from referrals across levels.

Breakdown:

  • Level 1: 5%
  • Level 2: 2%
  • Level 3: 1%

Total possible: Up to 8%. Referrals are lifetime-locked to the sponsor. This encourages team building and recruitment.

2.1 Ownership and Company Background

The platform links to Fyenergy Cryptocurrency Investment Ltd, registered in Colorado, USA, since 2020. The address listed is 1801 California St, Denver. It uses a corporate registered agent service.

No individual founders, executives, or team members are named. The site claims FinCEN MSB registration, but this is basic and does not authorize investment offerings. A major concern: Italy’s CONSOB regulator issued a blocking order in January 2026 against the company and its domains for unauthorized financial services. This appears on IOSCO alerts as an unlicensed entity.

Part 3: Security and Platform Claims

FY Energy mentions protections like McAfee, Cloudflare, and cold wallets. It promotes 100% security and profitability. However, some document sections contain mismatched references to other mining brands, suggesting template reuse.

Part 4: Why Promised Returns Raise Concerns: Basic Math

Fixed daily rates of 2-4% or higher sound steady, but they exceed realistic mining yields.

Simple example at 2.5% daily:

  • Over 30 days: Significant growth.
  • Annualized (simple): Around 912%.
  • Compounded: Multiplies investment exponentially.

Real cloud mining depends on coin prices, network difficulty, and costs. Legitimate operations rarely guarantee fixed high rates.

Comparison table:

Investment Type

Typical Annual Return

Notes

FY Energy (claimed)

700%+

Fixed daily, depends on new funds

Legitimate Cloud Mining

30-100% (variable)

Market-dependent

Stock Market (S&P 500 average)

7-10%

Long-term, with risks

High-Yield Savings

4-5%

Insured, low risk

Key Risks and Red Flags

Several issues stand out:

  • Regulatory warning from CONSOB and IOSCO listing as unauthorized.
  • Reports of frozen accounts and withdrawal delays on review sites.
  • Requirement in some rules for 1x turnover before withdrawals.
  • Low independent traffic despite large user claims.
  • Complaints about unresponsive support for larger amounts.
  • Heavy emphasis on referrals is common in unsustainable models.

Trust scores from tools like ScamAdviser remain low.

Final Thoughts on FY Energy Legit or Scam Concerns

FY Energy cloud mining presents attractive contracts, daily returns, and an affiliate program for passive income. The $20 free trial and renewable energy focus appeal to many. Yet, the lack of clear ownership details, extreme return promises, and official regulatory actions indicate substantial risks.

Approach with caution. Established platforms with transparent operations and variable yields based on real mining may offer safer alternatives. Always verify claims independently.

FY Energy review image highlighting potential scam risks, red flags, platform credibility concerns, and investor warnings for 2026

FY Energy Review Score

A website’s trust score is an important indicator of its reliability. FY Energy currently reflects a worryingly low rating, raising serious concerns about its legitimacy. Users are strongly urged to exercise caution.

Key red flags include low web traffic, negative user feedback, potential phishing risks, undisclosed ownership, unclear hosting details, and weak SSL encryption.

With such a poor trust score, the likelihood of fraud, data breaches, or other security issues is much higher. It is crucial to carefully assess these warning signs before engaging with the FY Energy or similar platforms.

Crypto meter gauge showing low status in red zone

Positive Highlights

Negative Highlights

Frequently Asked Questions FY Energy Review

This section answers key questions about the FY Energy, providing clarity, addressing concerns, and highlighting issues related to the platform’s legitimacy.

It provides contract-based rental of hashing power for coins like BTC, ETH, and DOGE.

Regulatory warnings and user complaints suggest high risk.

Buy a plan, receive daily income, get the principal back at the end.

A starting credit for new users.

Other Infromation:

WHOIS data : Hidden
Owner : REDACTED FOR PRIVACY
Country: United States
WHOIS Registration Date: 2008-10-30
WHOIS Last Update Date: 2025-11-19
WHOIS Renew Date: 2026-10-30
Website: fyenergy.com
Title: FY Energy | Cloud Mining |BTC Mining |ETH Mining |DOGE Mining |Mining |LTC Mining |

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Scams Radar disclaimer highlighting educational purpose, no financial guarantees, risk warnings, and independent opinions.