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YouHash Review: YouHash.net a HYIP Mining Scheme

YouHash Review: YouHash.net a HYIP Mining Scheme

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The YouHash was launched in February 2018. It is a cloud mining company. YouHash Limited is the company behind YouHash.net. It is based in the UK and registered under 11193353.

The office’s address of the investment company is in London, 2D Place Villas, United Kingdom. The investors who invest with this company get a lifetime earning membership and hash power. The YouHash platform support only Bitcoin.

The platform offers cloud mining services to traders. The minimum amount you can deposit in YouHash is 0.001 BTC. The investment company, just like all other Ponzi schemes, has unreasonable returns.

YouHash Review, YouHash website

The investment Company offers its traders a return of 14% ROI. YouHash has promised its clients’ a 100% profit for 10 days duration. The least amount you should invest should be 0.0002 BTC to achieve the returns.

YouHash is not registered by any regulatory authority agencies anywhere in the world. They only guarantee high returns without any associated risks. It is because they know newbies do not cross-check the available information from the existing cryptocurrency community

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There is no legit Company that will offer users unrealistic profits overnight without putting any effort or following any legit procedure. A well-informed investor will not make the mistake of trusting a Ponzi scheme.

YouHash Review

Take caution before you invest in this website that claims to be a Bitcoin mining company. The site have many guides, audits, a lot of writings with no substance regarding their operations.

The main objective of YouHash is for new investors to join the platform. Numerous red flags are showing why you should avoid this site. The investment company is unethical and shouldn’t be trusted with investors’ money.

YouHash Scam Review, YouHash Services

 

The platform seems to a solid, but there is more than what meets the eye. We can bet that this investment company won’t be in existence for long. The site was developed to con people and not to make them rich.

Any funds made into a Ponzi scheme are never recovered. You may make a few cents at first stages, but when you trust them with the vast amount, you will end up not receiving any returns.  You can check on our list of legit mining and cryptocurrency investment services.

YouHash Investment Plan and Support

The website has four investment plans for its users. The first plan of this pyramid scheme offers 1,000 GH/s Hashpower. Traders can deposit 0.00148000 BTC. The daily profit, which is said to be generated from this plan is 9.765%.

The second plan promise users a daily return of 9.864%. Users’ can deposit funds worth 0.50607100. The plan offers hash power of 350, 000 GH/s.

The third scheme of YouHash offers investors 6,800,000 GH/s. The BTC to be deposited is 7.46418500. The investment Company claims its users can acquire a daily return of 11.478%.

YouHash Scam Review, YouHash platform

The fourth and final YouHash scam plan, promise users a profit of 13.893%. The Hash Power in this plan is around 17,000,000 GH/s. You can deposit 14.85794390 BTC.

After you make this huge deposit, you will never hear from the platform again. Your funds will be lost and probably be transferred overseas without being traced.

The investment plans are too high, and the company is only targeting big investors. The company should moderate its plans considering they haven’t proven their credibility or been in the market for long.

YouHash customer support can be reached via phone and email. Their email address is [email protected] The Company telephone number is +44 857174952. The platform also has a Facebook page

Platform FAQ

The FAQ of this YouHash site only answers the questions of how you can get Bitcoins and the amount required to deposit. YouHash has not shown the employees of the site or their qualifications to handle investors’ funds.

Neither do their FAQ explains how they run their activities. The information available is bogus and doesn’t convince investors why they should choose to invest with them. You need to be careful when investing online, as there are only a few legit platforms.

There are risk associated with mining and charges. But YouHash Company has not discussed how much of investors’ money is used for the accrual charges.

YouHash Testimonials

There are fake testimonials about the YouHash investment company. It has become common having users leave a positive review on a Ponzi scheme. We gathered some reviews which we strongly believe are coming from those who operate the site or their pioneer users.

The fake testimonials claim that the site is paying and withdrawals are instant. Yet several people have claimed they have been scammed and cannot reach the YouHash support system.

YouHash Investment company has not discussed the platform security measures. The company can falsely claim to be hacked and leave the trading market.

Affiliate program

Just like all other pyramid schemes, YouHash also has a referral program. The company encourages its already existing clients’ to bring in their relatives, friends, or colleagues to make money together.

They use the existing investors to perform the dirty deal for them. YouHash Company has an affiliate program, and members receive 1% to 6% depending on how many people you bring in the site.

In reality, the only people who benefit from such operations are the initial investors and the operators of the platform. As long as investors fall in the hands of this investment company YouHash will survive.

But when there is no cash coming in, it times to call quits. The company will exit the market without being traced. A company promising you millions within a short time duration should be avoided.

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Is YouHash Legit?

Investment Companies located in the UK need to be regulated to carry out their operations. After searching at their stated office address, it seems they are not located in the area.

The information we have found about this platform shows they are a Ponzi scheme and should not be trusted with investors’ money. The platform looks legit when you read and look at it. But, if you look closely at the ownership and how they run their activities, you will be surprised.

The investment company has not included a domain of blockchain transaction to guarantee the investors pay. Despite YouHash claims that they are a mining company, they haven’t provided evidence to prove they carry out these activities.

They haven’t stated the mining hardware that they use or the location of their servers. SimilarWeb data shows that the platform receives a very minimal amount of traffic. Their claims to be having numerous users are fake.

Even though YouHash claims to offer their investors’ a huge return, there is no evidence that this is true. The Investment company has ridiculous ROIs. The information we have gathered points that the site is a Ponzi scheme and will collapse sooner or later.

Final Verdict

The information available on Whois.com indicates that the company was registered in February 2018. Sebastian Kennedy is the one who registered the company. Many crypto scam investments claiming to be located in the UK are Ponzi schemes.

The only thing YouHash has given investors are just empty claims and huge profits showing why you should invest with them. Do not rush into investing. Do your research thoroughly; view the opinion of other people’s. Check out this list of legit mining services. Finally, trust your guts if a deal sounds too good to be real walk away.

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