This RainHash review is especially for those who are new to bitcoin investment platforms. Shortly after its introduction in 2008, cryptocurrency which was created by Satoshi Nakamoto the inventor of Bitcoin has gained considerable importance in the financial world today. A lot of businesses and industries have been developed around the Cryptocurrency. While most of them are real businesses, some are actual scams. This RainHash Limited review will help you decide if RainHash is a scam
- 1 RainHash Review – Is Rainhash.biz A Legit Cloud Mining Company Or A Scam?
- 2 About RainHash Bitcoin Cloud Mining Company
- 3 RainHash Website – Opportunities and Offerings
- 4 RainHash Limited Investment Plans – A Close look!
- 5 Does RainHash Limited Company really pay?
- 6 RainHash.biz Website is SCAM. Why?
- 7 Conclusion – RainHash Cloud Mining Company Is a Scam. Beware!
RainHash Review – Is Rainhash.biz A Legit Cloud Mining Company Or A Scam?
RainHash bitcoin mining company is a cloud-based mining system that promises that it can use advanced cloud mining technology to mine cryptocurrency. While they are a few other businesses that offer this service, RainHash website claims that it can mine bitcoin without using the bitcoin mining hardware. This means that they can by-pass the actual bitcoin mining hardware to make money for their company.
Following this method, RainHash customers do not have to learn about bitcoin mining or have any of the technical skills required to grow their cryptocurrency. All they have to do is transfer their bitcoin to RainHash coin and they will make them grow every day.
About RainHash Bitcoin Cloud Mining Company
Like I said before in this RainHash review, the company is a cloud mining company for cryptocurrencies. For us to understand what this means exactly, we have to understand how cryptocurrency mining works. For you to be able to mine cryptocurrency, you need a lot of money for mining hardware purchase or rental. Then you also need money for installation and maintenance. You will also need constant electricity and internet bandwidth. And you also need a computer with a very good processor. All of these are very expensive. This is why companies like RainHash Investment company exist. They offer to do your mining for you if you deposit your bitcoin with them. However, most of them like RainHash are scams.
RainHash Website – Opportunities and Offerings
RainHash scam website has a range of offers that are targeted to bring more customers their way. These offers make them appear to be friendly. While writing this RainHashHowever, they can be very misleading. These features include:
- 24/7 Customer Support
RainHash company promises to be available on a 24-hour basis to offer help and support to all of its customers. This offer is targeted to make customers feel more secure that they can reach out for help at any point.
- Efficient Servers
Mining Cryptocurrencies require steady internet access. The internet access also has to be top quality and speed. Any company that is serious about mining cryptocurrency must have an efficient server and RainHash website promises that it has very good servers
- RainHash Withdrawals are Instant
RainHash Investment plans also offer instant withdrawals to any of its customers who want to withdraw their bitcoin. This means that customers have the option that withdraws from RainHash account if they want to.
- EV SSL protection
What this means is that the RainHash review website is protected with very high-level encryption that allows you to carry out secure transactions with very little risk involved.
- DDoS Protected System
Like their EV SSL protection, RainHash cloud mining company also promises that they have advanced DDoS system protection which further ensures that all transactions are highly secured.
RainHash Limited Investment Plans – A Close look!
Rainhash plans will be the funniest part of this RainHash review. RainHash crypto-mining company has 4 different illogical plans for customers. All the plans require different levels of investment and offer different interest rates. The plans are:
- The 12% plan:
This requires a Minimum Deposit of 0.001 BTC (bitcoin) and a Maximum Deposit of 5 BTC. It offers an interest of 12% per day.
- The 15% Plan.
For this RainHash plan, the minimum deposit is 5.001 BTC and a maximum deposit of 10 BTC. The interest rate is 15% per day.
- The 20% Plan.
For 20% a day, this plan requires a minimum deposit of 10.001 BTC and a maximum deposit of 50 BTC.
- The 25% Plan
This plan promises you a return of 25% a day for a minimum deposit of 50.001 BTC and maximum deposit of 100 BTC
Does RainHash Limited Company really pay?
Through this RainHash review, We have reviewed all the big promises of RainHash website but are they for real? Does RainHash really pay? We don’t think so.
All of RainHash promises are on the internet with no traceable payout system. They are no ways to confirm that payments are actually made. RainHash is a business that promises to offer high yield returns that are higher than usual which means that they have to be making very large profits. However, there is no proof for this except what RainHash scam tells us on their website. They also claim to have a very higher number of registered users in such a very short time of operation, however, these users can not even be verified as real people. They are no records or in any RainHash reviews said anywhere for anyone that RainHash website has paid.
RainHash.biz Website is SCAM. Why?
RainHash Investment company has 4 plans that range from 12%-25% daily interest. What this means is that they are promising 360%-750% monthly interest. If you multiply that by 12, that is 4320%-9000% a year.
The simple logical truth is that no company makes this much profit. As such, RainHash scam is just another scam targeting ignorant investors.
Another prove that we are highlighting this RainHash review is, RainHash is a scam is that RainHash.biz is a Panama registered company. Do you remember the Panama papers? Panama is a country known to offer anonymity to businesses. This means there is no way to track any of the company’s claim. If the RainHash website just disappeared tomorrow, there will be no way to track it.
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Conclusion – RainHash Cloud Mining Company Is a Scam. Beware!
In business, when a deal seems too good to be true, it is usually too good to be true. In short, RainHash Cloud Mining Company is a scam. They will take your money and disappear. We can say this because their interest rates are too good and they are registered in Panama which means they are impossible to track. Our advice is to not invest your hard earn money with them.
RainHash scam website should not be encouraged to go further. instead of actually doing cryptocurrency mining for you as they promise, they are simply playing on your intelligence and trying to fool you with fake data so that you will invest with them.
What we have found while coming up with this RainHash review was, Everything about RainHash is suspicious. And to add to all of this, there is no way to really verify that they are doing genuine business as there is no access to their business records.