Controversy Surrounding COME Mining’s XRPL Cloud Contracts

COME Mining’s introduction of XRP cloud mining contracts has sparked controversy, drawing attention for its unique approach within the cryptocurrency landscape as of September 2025.

This event raises questions about the legitimacy and implications of using XRP in non-traditional mining, influencing both institutional interest and market dynamics.

COME Mining’s Entry Into the XRP Cloud Mining Debate

COME Mining’s recent introduction of “XRP mining” via cloud-based contracts has sparked significant controversy. Although these contracts involve XRP, the offerings do not encompass traditional mining practices, raising questions about the project’s legitimacy within the crypto ecosystem.

COME Mining offers cloud mining contracts where support is in major cryptocurrencies such as BTC, ETH, and XRP. Despite the promises of security and ease of use, transparency concerns have emerged due to the absence of clear leadership and verifiable credentials.

“As a user, you can subscribe to computing power with XRP and other assets, participating in block production on a Bitcoin-like PoW network. Profits are deposited daily and can be withdrawn or reinvested at any time” — COME Mining Official, App Home Page.

Institutional Interest and Market Skepticism

Institutional interest in XRP may rise as cloud mining activity grows, with experts noting an 87% ETF approval probability. However, market skepticism largely remains, with community members questioning the actual feasibility of mining XRP, which is not technically possible. Crypto Industry Expert, RealCoinGeek points out that these developments “raise significant concerns regarding legitimacy, especially when using unminable assets like XRP.”

Citing financial optimizations, COME Mining claims that contracts offer daily returns through bank-grade secure systems. However, verification from independent regulators remains absent, drawing criticism over potential compliance issues.

Historical Patterns and Regulatory Scrutiny

Observers highlight parallels to previous cloud mining schemes that often led to investor losses. The model, some argue, could draw investment from decentralized finance into potentially riskier centralized alternatives. Historical patterns suggest caution amid such ventures.

The debate over future outcomes hinges on regulatory scrutiny and technological adaptations. Experts suggest that without advancements in credibility and regulatory alignment, challenges will persist. Engaging with primary sources and analyzing data-driven trends is crucial for accurate assessment.