Verdict up front: this app’s own withdrawal terms warn twice that your coins “may be lost” — once if your internet connection is unstable, once if you mistype a network. Neither of those is how a blockchain transaction works. It sells mining equipment for real money and holds 2.2 stars from 1,640 reviews.
SHIBA Miner by NVS is published by NVS connected. On the day we checked it showed 2.2 stars from 1,640 reviews and 50,000+ downloads, with ads and in-app purchases. That rating is the lowest in this series by a wide margin, and 1,640 people is a large enough sample that it is not an accident.
The terms, read closely
The withdrawal screen in the app’s own screenshots carries this text:
Terms of Withdrawal, from the app’s own screenshot
“1. Minimum coin withdrawal is 100000 SHIB and Node Fee for each withdrawal request is 10000 SHIB. 2. Make sure your internet network is stable before pressing the withdrawal button. Unstable internet network causes withdrawal requests to fail and your coins may be lost. 3. You have verified that you have filled in a SHIB Wallet Address on the BEP20 network, entering a Wallet Address other than on the BEP20 network may result in lost coins sent.”
Take the second point on its own. On a real blockchain, a transaction either broadcasts or it does not. If your connection drops mid-request, nothing happens and your balance stays where it was. There is no mechanism by which a flaky wifi signal destroys your coins.
An app that tells you otherwise, in writing, before you start, is pre-writing the explanation you will be given when your withdrawal fails.
What it sells
The description invites you to “become one of the shareholders in our virtual wallet” and then gets to the point:
“Simply buy mining tools starting from US $1, US $5, US $10 (applies to multiples, a maximum of 50 units of all mining tools). Please pay attention we limit the purchase of mining equipment to 50 units, we will not process for refunds if you force to buy more than 50 units.”
Fifty units at ten dollars is five hundred dollars of virtual mining equipment, with a refund policy stated as a refusal. And elsewhere in the same description: “this application is not a money-making application.”
So it is not a money-making application, but it sells you equipment to make money with, in dollars, and will not refund you.
What the reviewers found
Pen Testur, 27 August 2023, eight people found it helpful, on buying SHIB through the app directly:
“no one should directly purchase shibu via this app. The price is extremely inflated by a factor of almost 10 times the market value. Just don’t do it!!!”
And Rakshith Shetty, 18 February 2022, on the payout itself:
“Complete fake. It shows withdraw successful and still doesn’t show in my wallet. In this day and age where transactions take few seconds this app ‘claims’ to do it in 3 days.”
A confirmation screen that says “successful” while nothing arrives is not a bug report. It is a description of the product.
The checks worth doing on any coin app
- Read the withdrawal terms before you read the features. Any sentence explaining how your balance could vanish is telling you something.
- Check the token price against a real exchange. A tenfold markup inside an app is not a convenience fee.
- A 2.2-star average on 1,640 reviews is the answer. You do not need to investigate further than that.
- “Not a money-making application” plus a shop is a contradiction, and the shop is the part that takes your card details.
If you have bought mining tools in an app like this
Request refunds through Google Play directly rather than through the app — the developer states it will refuse them. Do not send more coins to reach a threshold. Never enter a wallet address on a network the app tells you it cannot recover from. If money left your account and nothing came back, report it at IC3.gov — reporting is free, and no legitimate service asks you to pay before your money is returned.
