YouHash (YouHash.net) functions as an online cloud mining service that was incepted on February 6th, 2018 by an entity known as Sebastian Kennedy of YouHash Ltd.
YouHash.net is an online platform that allegedly renders a cloud mining service where investors who deposit into their platform will receive hashing power and a lifelong membership of earnings.
Compatible with solely Bitcoin, YouHash’s minimum deposit requirement is 0.001 BTC while daily earnings on deposited funds can amount to a ROI of up to 14%.
Investors who deposit with YouHash will allegedly receive a 100% ROI within 10 days while the minimum withdrawal amount supported is 0.0002 BTC. Affiliates who support their platform will receive between 1% to 6% per conversion.
YouHash.net is owned and operated by a UK based corporation known as YouHash Ltd. under company number 11193353.
According to a CompaniesHouse report, YouHash Ltd. was incorporated on February 7th, 2018 by Sebastian Kennedy and has a registered office address of 2D Park Place Villas, London, United Kingdom, W2 1SP.
YouHash currently supports 4 different hash power plans on their platform:
Deposit: 0.00148000 BTC
Daily Profit: 9.765%
Deposit: 0.50607100 BTC
Daily Profit: 9.864%
Deposit: 7.46418500 BTC
Daily Profit: 11.478%
Deposit: 14.85794390 BTC
Daily Profit: 13.893%
According to a WHOIS report, YouHash.net was registered on February 6th, 2018 through the NameCheap registrar by Sebastian Kennedy of YouHash Ltd.
After extensively investigating into YouHash.net website, we must admit we were not delighted with the discoveries that we excavated. While their site may appear legitimate at first glance, a deeper look into their ownership and operational parameters will reveal the contrary.
No blockchain transactions are included on their domain to verify alleged paid earnings to date while no mention of employed mining hardware and data-center locations are disclosed anywhere upon their site.
YouHash.net does not possess a SimilarWeb global rank indicating to us that their domain receives little traffic, if any at all.
As we have shown several times, UK business registries are easily deceived by newly established corporations. A search of YouHash Ltd registered office address (2D Park Place Villas, London, United Kingdom, W2 1SP) fails to generate any credible results or a visitable location.
YouHash promotes unrealistic ROIs for investors yet fails to include any verifiable or transparent evidence to back up their bold claims. Operating nearly identical to a Ponzi scheme, if YouHash’s asserted ROIs are to be believed then they actively employ an unsustainable business model.
After weighing the information disclosed in our unbiased review, we feel that YouHash.net is not a trustworthy investment opportunity and is likely a Ponzi scheme.