After finding some rarely positive RainHash Reviews on the internet, the RainHash website has been on our radar. It mentions that you can grow your bitcoins with the aid of RainHash cryptocurrency investment platform, without the rise of hassles. The site also mentions that RainHash bitcoin is registered in the Panama, as well as that the RainHash company was structured to use advanced cloud-mining technology in order to mine for cryptocurrencies. Is all of this true? This is a question that a lot of you are asking, as being a victim of a scam is not something that somebody has time for, hence why we decided to bring you this RainHash review.
- 1 RainHash Review- Is This Cloud Mining Company A Scam Or Legit?
- 2 How does RainHash BitCoin Mining supposedly function?
- 3 RainHash Investment Plans- Do they really pay?
- 4 Features of RainHash Cryptocurrency Mining Company
- 5 Rainhash.biz- Is it a Registered company?
- 6 The RainHash ROI & Referral commission
- 7 → Also Check Our Recommended Systems ←
- 8 Conclusion- RainHash Website has many red flags. Might be a Scam!
RainHash Review- Is This Cloud Mining Company A Scam Or Legit?
The official website of this opportunity makes it clear that once you become a member, you will easily begin to grow your bitcoins every day, every hour. RainHash scam cryptocurrency is said to have a total of 12566 accounts. It also mentions the total RainHash withdrawals. To us, providing this type of information is not going to be of any help if one is sceptical about becoming a member. Anybody can integrate any type of information onto a site. We cannot consider details like these as proof if they are not backed by evidence that can be verified.
How does RainHash BitCoin Mining supposedly function?
Like I told in the RainHash Review before, The RainHash website mentions that cloud mining enables the company to garner bitcoins, without the need for bitcoin mining hardware, bandwidth, mining software, or electricity. The company supposedly conducts mining remotely on the cloud, meaning that they do not require any of the hassles that are usually encountered when companies mine bitcoins, including issues with hardware upkeep, installing hardware, overheating, and even electricity costs.
Allegedly, the RainHash scam company has made it quite simple for one to be able to make money through mining bitcoin, without one ever having to learn any of the technical details that are involved in the process, as they can definitely make anybody frustrated right away. With the RainHash cloud mining platform, apparently, all you are required to do is deposit your bitcoins. That is all. You supposedly then watch them grow day by day.
RainHash Investment Plans- Do they really pay?
The plans that are being offered are quite sketchy, as 12%-25% daily is not something that can possibly be achieved. If you read a lot of the RainHash reviews that are on forums, posted by people who have actually already tried the RainHash exchange, you will come to the realization that nobody was able to make this type of percentage on a daily basis. We understand that a lot of you might want to give the RainHash ROI a try after reading everything that its site states, but there are many red flags on the website that make it appear that RainHash scam is what this platform is. Even though we noticed right away that the information on the site was sketchy, we still continued to review RainHash, as you never know what you can encounter that would definitely be worthy of informing on, either it is positive or negative.
Features of RainHash Cryptocurrency Mining Company
The RainHash bitcoin Investment platform comes accompanied by many features. We must mention that some are quite sketchy, and thus, you should not believe their description, without verifying them. To start off, there is the 24/7 customer support through email and live chat. Is this true? Yes, they do provide customer support, which is quite responsive we must add. This is not something that we were expecting to encounter, as the site itself has several red flags present. The second feature is the supposed dedicated server that is said to be of the highest level available of DDOS protection to ensure that bitcoins remain safe. Due to the many negative RainHash reviews, it is clear that the server offered is of low level. EV SSL is the third feature which consists of 256-bit encryption from Extended Validation and Comodo. This mention is definitely true, but this does not reflect the credibility of this company. Do not be fooled into thinking that a company is legitimate if its encryption can be verified. The main features stop here, which is quite tragic when compared to platforms that have already been declared to be legitimate. One should expect a lot of features, especially in this day and age when innovation is taking place every few weeks in the field.
Rainhash.biz- Is it a Registered company?
The RainHash Limited Review websites also mention that the RainHash Company is registered in the Panama, but this does not mean much when it comes to its license and regulation. There is no information on the site regarding its regulation, making this another red flag that you should not ignore. Let us not forget that Panama has been known for providing anonymity, which makes the RainHash scam website sketchier.
The RainHash ROI & Referral commission
The Level 1 RainHash referral commission program provides a 5% referral bonus for every new individual invited to the RainHash scam crypto-Investment platform. After somebody makes a deposit, you will allegedly receive a referral commission of 5%, which is not bad when compared to the referral commissions of other platforms. Level 2 referral commission consists of offering an extra bonus of 1%.
How true are these commission levels? Not so true once you take another look at the RainHash reviews that this platform has obtained in the last few days. They are not pretty at all. A lot of people are upset that they never obtained any commission after they referred several people. The company does not specify as to the amount of time it is going to take to receive commissions, so we are going to give these reviews the benefit of the doubt for now.
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Conclusion- RainHash Website has many red flags. Might be a Scam!
Is RainHash a Scam? According to the datas we got while writing this RainHash review, We cannot really say that RainHash is a scam, but we can say that the site of it raises several red flags that you should not ignore, as it might cost you dearly in the money department. For the moment, avoid it. We will definitely keep you posted for new information that becomes available on RainHash cryptocurrency investment platform that has given a lot to talk about in the last few days.