LTC Hash Review: Is A Scam

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LTC Hash Review: Is A Scam is a popular Litecoin investment website but also a dubious one. On the sales page, they claim that LTC Hash is providing virtual mining investment plans to their visitors. The website also says ”Crypto currency courses” but fails to elaborate further on what they mean by Cryptocurrency courses. There is no further explanation on what this site is offering other than generic information which suggests that they are offering Litecoin mining services in the cloud. The site is also offering 10% affiliate commission for every referral that members will send to them. However, LTC Hash is not very upfront with their returns.

They claim that when you invest with LTC Hash, you will receive a return of 40%. The site does not make it clear whether 40% will be attained on a daily or monthly basis. We’d like more explanation regarding the same. The site has a global popularity of over 170k. This means that the site is receiving heavy traffic and definitely sign ups are also rising.

The site also states that they will generate stable passive income in addition to bonuses which can be earned after every 4 hours. Whether this is a true source of passive income is beside the point. The question that many users who have not invested with this site yet are asking is whether LTC Hash is genuine.

Based on our analysis, we believe that this is a highly risky site to invest with. If you truly have a desire to mine Cryptocurrencies, ensure that you are investing with the right sites. The following page contains a list of credible Cryptocurrency cloud mining websites. Make use of them.

LTC Hash review

LTC Hash does not disclose details of their contracts in their sales pitch. However, there is mention of hashing power. But the specifics are not mentioned other than stating that contracts will expire in 6 months.

The other thing is that LTC Hash is claiming that they will generate 40% returns for their clients. Again, we are not sure what duration will this be. The site is not describing their contracts in a holistic way. So it is difficult for an investor to know in advance what they will be getting into as far as mining is concerned.

However, the site is very clear about their affiliate program. This could suggest that LTC Hash is actually generating ROIs from investor deposits and using a portion of those funds to pay out investors. The paying status is not know though. We have checked a number of online forums to find out if useful feedback can be obtained about this site. Unfortunately, there is nothing substantial coming up regarding the site. There is no single user who has reported that the site is paying.

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ltc hash review

The site is also claiming to have paid out zero dollars and over 5000 Dogecoin. We are not sure what they mean by stating that they have paid out zero dollars. Moreover, if they are claiming to have paid out over 5K in Dodgecoin, it is not clear why those who have been paid are not championing for the site. We find this a little bit suspicious because naturally, a good site will receive good feedback all over the site. But if this information is pure lies, then you can expect to find nothing about the site online.

Mining hardware not available

This is a very simple test, and LTC Hash will either have to pass or fail it. You see, if a site is credible and is having mining hardware, they should be able to display sufficient evidence on their site regarding the same. Unfortunately, this evidence has not been presented other than the statement that they are engaging in virtual mining of coins. We also do not understand why the domain of this site suggests that they are mining Litecoin but at the same time stating that they are paying in Dogdecoin. This is a funny thing to discover. Perhaps this site can explain more.

Their alleged virtual mining rigs do not exist. They only exist in words and not in the physical. From what we can see, this is a cheap ponzi scheme that cannot prove their business. They make claims which they are not able to sufficiently prove to their visitors.This shows that we are dealing with a ponzi scheme, and the truth is that all ponzi schemes are meant to benefit the owner as opposed to the investor.

Anonymous owner

LTC Hash is claiming to mine Crypto currencies virtually. We have already seen that there is no evidence of this activity taking place in the background. You must remember that an anonymous person on the internet is not to be trusted. Since they claim to mine Crypto currencies, it will force investors to send funds to them.

If they are anonymous or are not being upfront with the details of the owner or the person in charge, then we do not see why they should actually invest on your behalf. The outcome of falling for such a trap is quite obvious. The victim will lose the funds and they will not be able to reclaim them other than to confess that they lost money through the domain

Always take caution when dealing with an investment site whose owner is not upfront concerning their identity.

Things to recall

LTC Hash is a ponzi scam. That is why their referral program is very clear and yet their ”main business” which is mining of Crypto currencies is not described in details.

When you invest in such a website, you are most likely to lose your funds. For you to mine, you need hardware and technology that ensures your mining operations are profitable. Any website that cannot prove this is definitely lying to you.

Our best advice for you

LTC Hash is not the best thing to spare your coins for. A cheap fraud will make you lose your money and the admin will never feel obligated to offer an explanation. Please mine with these reliable Cryptocurrency virtual mining sites.

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