What is Hash Miners? Is HashMiners.biz a Scam or a Legit?
Hash Miners is nothing but a scam company which will pay at starting to lure more people into it and stop paying later. This kind of site is known as Ponzi scheme which is neither a sustainable, nor a legal. You can find thousands of Ponzi schemes whose business models are as same as HashMiners.biz. If you don’t know what is Ponzi scheme, then you can find the details about illegal schemes like Ponzi and Pyramid schemes by clicking the following links:-
Ponzi scheme:- newsonlineincome.org/ponzi-scheme/
Pyramid scheme:- newsonlineincome.org/2017/03/06/what-is-pyramid-scheme/
You can spot a scam by yourself within HashMiners.biz because they are claiming to pay 7.68% daily on one time investment which is very hard for any legit companies to pay and those which can pay, they will not bother to take the investments from several people because they can simply take a loan from a bank in much more lower rate, around 1% monthly than paying 7.68% daily to investors. So, have you ever think why the sites like HashMiners are not taking loan from a bank, but taking investment from several people by promising very high rate of ROI? It is because their business model is not legal and they can’t show any proof to bank to take a loan from there. This is the not only reason we are saying Hash Miners is a scam company. You can find much more detail about what is HashMiners.biz and why is HashMiners scam within our HashMiners review as below.
Actually, when we recommend any companies, we don’t only observe they pay at the moment or not, but we also observe they can pay continuously and sustain for long or not and their business model is legal or not. Hash Miner fails to meet all these criteria, so we have listed it within our Not Recommended sites list. If you want to take a look what kind of companies we have listed within our recommended online work companies list, then you can click this link:- newsonlineincome.org/legitimate-work-home-businesses/
Like we have said before, considering all factors and also including the rate of successful members and the numbers of years business is running successfully and the amount that members can earn from the company on regular basis for their lifetime, we have rated Wealthy Affiliate as a No.1 online work company. If you don’t know what is Wealthy Affiliate and how you can earn money from it, then you can find our detail review on Wealthy Affiliate by clicking this link:- newsonlineincome.org/wealthy-affiliate-review/
OK, let’s begin with our HashMiners.biz review in detail to find out what is HashMiners in real.
Hash Miners login and join in link:- https:// hashminers. biz/ (Not Recommended to join)
What is HashMiners.biz? Background of Hash Miners
Like we have said before, HashMiners.biz is nothing but a Ponzi scheme which is illegal in many countries plus unsustainable as well. Yep, we agree that some of these kinds of companies even pay upto some years, but most of them stop paying within some months and that also depends upon the rate of ROI that they need to pay back to their investors. Those which pay less ROI manage to survive for more time than those which pay high ROI like HashMiners. For example, those which pay less than 120% within 60 days, they can survive for some years, but those which are like Hash Miners which offer 7.68% daily and that is also for lifetime on onetime investment are those which lifetime is very short. More than that, even those which pay 120% without making any real profit, but just by using the money of new investors to pay the existing members will also collapse in the future. So, either way, these businesses are not legal and can’t be sustain for long run. In another word, which pay lower rate will sustain for little longer than which pay higher rate, but at last both kinds of Ponzi schemes will collapse. So, HashMiners can collapse anytime, just after your investment as well. So, if you want to be on safe side, it is better to stay away from sites like HashMiners.
If you check the background of HashMiners, then you will find out the solid proof that this company is going to be scam because its owner details are not clear. In online work industry, only those owners want to hide their identity who knows their system is not going to sustain for long run and they need to shutdown their site anytime in the future and their many members will lose money.
If you check WHOIS detail of HashMiners, you can’t find any information about the owner or the address of the company because those information are completely hidden. More than that, their available information within WHOIS matches with other similar kinds of scam sites which has already stopped paying, such as, Skyllex, BitRush and so on.
The company registration document that HashMiners has provided is a registration document from UK Companies House where anyone can register company by paying 20 GBP for which even no need to provide the real address, but any rental (virtual) address will work. So, that registration document is nothing and that doesn’t give them license to run the investment companies like HashMiners. You can find many scam companies which are registered in UK Companies House. Most of Ponzi schemes like Hash Miners use those registration documents in order to make people fall into their scam. You can actually spot a scam by yourself by reading this post:- newsonlineincome.org/2017/03/23/how-to-know-scams/
Conclusion
Aforementioned, it is already clear that HashMiners is a scam company which will keep on paying for some months to lure more people, but soon will stop paying and many will lose money. So, we have listed it within our not recommended sites list. If you really want to earn online, then you can find the list of good online work companies by clicking this link:- newsonlineincome.org/legitimate-work-home-businesses/
After doing research on all kinds of online work companies, we come to the conclusion that Wealthy Affiliate is best for everyone who want to earn money online on regular basis for their lifetime. You can find our detail review on Wealthy Affiliate by clicking this link:- newsonlineincome.org/wealthy-affiliate-review/
However, if your choice is only risky companies like HYIP, Revenue Shares, Crowd Funding where you can earn money easily by taking risk of your money, then you can find those kinds of popular companies by clicking this link:- newsonlineincome.org/work-home-reviews/
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