Scammers love to use weird, out of place names when starting a domain. Hashtorin.net is just one of the strangest domains we have discovered and we are going to do a thorough review of the scam mining platform. If you wanted to invest in it, we advice you to exercise patience and caution because we have strong evidence suggesting that these guys are not mining Crypto Currencies at all.
On the sales page, we see big letters announcing that Hashtorin is making mining of Cryptocurrencies super easy for everyone. To entice visitors to sign up and purchase a contract, Hashtorin says they will receive free 100 GH/s of mining capacity. And there are also up to 12% daily returns which we believe is contrary to what people are earning in the Cryptocurrency mining marketplace right now.
12% is simply out of the norm. Even last year when the price of Bitcoin had skyrocketed to 20k, miners could still not make 12% daily returns. Today, the price of a Bitcoin is 6k and returns have definitely been spiraling. If you cannot make a daily return of 1%, then 12% is certainly impossible. It seems that Hashtorin is managed by an armature. Whatever the case, this site is a perfect display of their ignorance. And for that reason, it has earned them a negative review on our site.
Having said that, let’s explore what this site has for you and what it intends to do. But rest assured that the outcome of trying to mine Bitcoins through this site will always result in disappointments because clearly the site has nothing to do with Cryptocurrency mining. You can take that to the bank and you will be awarded a loan.
Note: these sites can help you mine Bitcoins genuinely. They are real as opposed to a site like Hashtorin.
After observing the site carefully, we find that there is no indication of mining activities anywhere. The minimum investment that the site is asking for is 0.002 BTC. Remember that this is to be paid in Bitcoins. Cryptocurrency transactions cannot be reversed. If you send your precious coins to a scammer, the unbelievable will happen. You will just lose the money.
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Hashtorin is basically saying that they want to make mining of Bitcoins convenient and cost effective. Our take is that it can never get any convenient than this. Stealing of Bitcoins has never been any convenient.
See, there are no data centers anywhere on the site. The site cannot prove the existence of their data centers. In fact, this is a discussion that has been avoided altogether. However, they are expecting you to send them some Bitcoins on the promise of a 12% daily return. This clearly means that Hashtorin is trying to appeal to those who have not been scammed or people who simply have no idea concerning the happens in the marketplace.
Let’s make this clear. 12% per day is a return that can happen in your dreams and not in the reality. The reality is that even achieving 1% daily return is not possible. So forget everything that this misleading website is talking about.
We have decided to combine two issues in one title to save time. Let’s start with the fake statistics which depict that the site has over 20k customers and that it has paid over 0.5 BTC.
Of course we cannot believe this information since there is no way to verify these numbers. The site owner knows it very well. As you can see, these are just numbers which may have been manipulated by the admin. We do not work with such information.
The other thing is that the site’s domain is privately registered. It is impossible to tell who owns this site. The reason as to why they are hiding is not clear. But our best guess is that Hashtorin is run by a scammer, and so it is only convenient that they should conceal their identity to avoid running into trouble. Makes sense?
This is nothing but shocking. 100 GH/s of free hashing power cannot be given to everyone who signs up. Otherwise, the site owner will soon find out that costs are unsustainable. Why? Because if they give out free 100 GH/s to some 1000 users, that will total to 100,000 of free GH/s unaccounted for. Who pays for this cost? Bitcoin mining is very expensive and becoming increasingly less efficient.
No legit Crypto currency cloud mining site can give away such returns for free. It is not possible. So Hashtorin has to be a fake site in order to promise that they will give you some free hashing power to start using for generating of your Bitcoins.
Hashtorin is clearly taking us for a ride. The daily returns are exaggerated and the person who is responsible for writing these texts on the site doesn’t seem to be very knowledgeable on what kind of returns people can earn out of mining.
This ignorance also means that Hashtorin does not have a data center. The other thing is that the site is hosted anonymously. Investors are generally not comfortable sending money to an anonymous person who is probably based in Russia.
By the way, most of the traffic from this site is coming from Russia. We concluded that the site is probably based out of Russia. We can never be so sure.
The thing is, you can never trust an anonymous person asking for your Bitcoins unless you are crazy. You cannot trust a site that does not have a reputation in this industry either. This is where we rely on customer feedback to be able gauge whether or not a site is paying.
Hashtorin is a fake site which has already proved to us that mining of Bitcoin is not happening. The site does not have any facilities for mining. Don’t be cheated. If you want to mine Cryptocurrencies, sign up with these websites.
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