Welcome to my third party unbiased SHA-256 review!
There has been some buzz about this latest cloud mining MLM company and I decided to take a closer look.
Chances are someone approached you about the cloud mining bitcoin opportunity where they are generating some high returns and now you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Just PAY close attention and read this to the end…
What Is SHA-256
SHA-256 is a bitcoin cloud mining platform that gives anyone with a membership access to start mining bitcoin really quickly.
How Does SHA-256 Work?
To start mining all you have to do is create a free account, decide the duration you want to mine and hash power you want to use during that period. Choose the contract that suits you best.
After that you make a one-time payment with bitcoin for your chosen contract.
Mining starts automatically once payment is reached.
This sounds all good, but keep reading this SHA 256 review to find out if it’s legit or not…
SHA-256 Review Company
You would think SHA-256.io would have information on the leadership behind the company to boost credibility but they don’t.
They have no information on who runs or owns the company…
When I did a “WHOIS Look up”, I found out that SHA-256.io domain was first created on October 5th, 2020 and updated on December 4th, 2020.
Registration was set to private so we don’t know who owns this domain.
Company does provide incorporation certificate from Marshall Islands.
Now don’t mistake this as a securities registration which it’s not…
When offering mining services and a guaranteed return of some kind, there needs to be registration to financial regulators in any country they operate.
Another thing there was a slight decline in traffic, but wasn’t significant.
Most of the traffic is coming from countries like Russia, Ukraine, Vietnam, India and Indonesia.
When it comes to transparency, this company has nothing really going on but want you to invest into the company…
SHA 256 Products
SHA-256 products and services is really cloud mining bitcoin where you invest funds into on a promise of a return.
They claim it’s the “very best of bitcoin mining” and how it’s the “new generation bitcoin mining” technologies.
I would take that with a grain of salt after looking into the company details with no information on who runs or owns it.
When it comes to their investment packages, you have a choice to invest in the following:
- Bitcoin Mining – $12.50
- Ethereum Mining – $17.00
- Litecoin Mining – $12.00
- Dogecoin Mining – $15
Those are the minimum investment amounts you can buy in at to get a daily return.
SHA-256 has no information on the daily returns on their website.
If you want to read about a company with actual products/services, check out Entre Institute.
SHA-256 Compensation Plan
SHA-256 has two compensation plan structures you can be part of depending on what you qualify for.
Their baseline affiliate program pays 5% commissions on the invested funds of your referrals.
You can qualify for Representative that changes their affiliate program from one tier to three tiers.
The three tier compensation plan structure is unilevel in design.
- Level 1 – 10% (Your personally sponsored members)
- Level 2 – 4%
- Level 3 – 2%
To qualify you must have “proper” social media platform’s to share your referral code on.
To be honest it’s not very clear.
They also claim not everyone qualifies for this…
SHA-256 Scam or Legit?
So does the SHA-256 scam exist?
Let’s just look at the facts…
We have no idea who runs or owns the company which is a huge red flag.
They have incorporated in Marshall Islands which isn’t really regulated.
Plus they don’t have any financial regulator registrations in any of the countries their affiliates are from.
SHA-256 claims to be mining, but they have no proof or evidence of it…
A bunch of stock pictures on your website of mining facilities isn’t proof…
Only income I do see is new investments paying off existing members which makes this a ponzi scheme.
Instead of trying to look for these investment MLM companies, why not learn the skills where you know how to produce passive income?
Check my recommendation below…
SHA-256.io Review / Recommendation
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I know this world in this space is plagued with scams and it’s my duty to help people to see the truth behind the legit VS scams.
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That was my goal at least when I first got started seven years ago and it was the best decision of my life…
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See you at the top,
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