HashOcean.com Review - Bitcoin Cloud Mining

Welcome to PhilReviews! From below you can find informations, votes, complaints, and review for HashOcean (hashocean.com). A cloud based bitcoin mining program. Let's see if they really are paying, legit or just a scam business platform.
hashocean review legit or scam 2016

What is Bitcoin?
Before we continue, you gotta learn stuff if you are new in the cryptocurrency industry. Bitcoin which is also popular of the term BTC, is a crypto money and a payment system invented by a guy hidden in the screen name of Satoshi Nakamoto way back 2008 (published) and is released in 2009 as an open source software based on Wikipedia informations that we have read. What's good with this peer to peer payment system (network) is that it doesn't need to pass through banks and other establishments which makes it easier to send and less transaction fees. It cannot be frozen unlike PayPal funds that causes a lot of trouble to its users.

This is the main purpose why HashOcean exists. Do you know how much 1 piece of it as of this date of the review? It's worth $752 based on Bitcoin Charts.

What is HashOcean?
HashOcean which can be found on the URL hashocean.com is a cloud based bitcoin mining program. Based on their statements and videos, they are a real company with real BTC mining hardware. They offer this hardware's mining power to its users (members) in the form of KH/s so that everybody can mine without the need of softwares and dedicated hardwares that causes headaches to setup.

Based on their website, they do have a total of 7 data centers from different cities all over the world. 1 in New York, 2 in San Francisco, 2 in Nuremberg and 2 in Singapore.

Free 15KH/s Mining Power

General Informations
Homepage: https://hashocean.com
Language: English
Currency: Bitcoin (BTC)
Payment: any Bitcoin wallet
Registration: free to register, mining power is not
Average Payrates: 0.00147 BTC = $0.11 per day (per 20 KH)
Minimum Purchase: 20 KH/s worth $6.20
Minimum Cashout: 0.005 BTC
Method of Cashout: Automatic & Profit Accumulation
Return of Investment: 2 - 3 months
Referral Program: 1 KH/s per 20 KH/s purchase
Hardware Capacity: 402,162,740 KH/S Hardware Capacity
Owner/Operator/Registrant: Unknown / Private
Registrar: Enom Inc.
Data Centers: New York, San Francisco, Nuremberg, Singapore
Location: 199 Leidesdorff St. San Francisco, CA 94111
Contact Number: +1 650-603-5816
Customer Support: support@hashocean.com
Whois: HashOcean domain informations
Alexa: HashOcean traffic ranking and analytics
Social Media: Unknown

Summary
As of this review, the ownership of HashOcean.com is still unknown because of their privacy protected whois informations. There is also a very little informations about the company on their main website which is limited only to their data centers, their address and their email and phone number. I don't know why but they seem very secretive when it comes to their identity. Above is the given informations we only obtained from reverse tracking and searching their website and search engines. Please take note that some of it are from whois, accuracy is not a guarantee.

We also checked the main website and saw that there's a cheap mining power that is only worth $6.20 (minimum purchase). This is enough to give you $0.11 everyday (in bitcoins). Quite low, but if you buy enough funds, maybe 100 KH/s or more, you can compound it and earn a decent amount of BTC without even investing more money.

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And about their traffic, they are mostly from Russia, where cryptomoney is very popular. HashOcean is currently in the 6,000th global rank. That's a very serious ranking because that only means they are one of the 6,000 most visited website in the world. It's the estimation of both their pageviews and unique visitors so you know they receive good amount of visits daily and also means they got the popularity a website should need to succeed.

Suspicious?
Yea there's too many rumors about Cloud Mining corporations out there. A few similar sites are Genesis Mining, etc. People says they are ponzi like any other HYIP, RevShares, Funds sites which everyone can relate with. This is because of the reason that some of them don't really provide enough identity informations, from this where the suspicion starts. Anyone can say where a cloud mining company, but not all company can provide a good, stable and real data centers.

Some opinions from users:

  • HashOcean is not a real company
  • Low return on investment
  • Lacks in identity informations
  • A ponzi scam site much like any other fraud investing sites
  • HashOcean is at risk of collapse
These are OPINIONS. But they are saying one thing in common. They are paying site based on users statements on forums. They also added one doesn't know when they'll stop paying, only time can answer the question.

Good Things We Like
  • Cheap Mining Power
    As of June 18, 2016 - You can buy a minimum of 20 KH/s mining power that only worth $6.20 in USD.
  • Calculators
    They do have mining power and return calculator in place. This is good specially for those people new on the cryptocurrency industry. It might help you determine how much you could possibly earn per day, per week, per month and even per year via estimations.
  • Referral Program
    Each and everytime one of your referral purchases, you get 5% of the power he or she gets. That's 1 KH/s for every 20 KH/s purchase. Please take note that referrals that doesn't purchase will earn you nothing.
  • 7 Data Centers, 402 GH/s Capacity
    If this is true, then it is a good sign that they are a serious company willing to stay forever until the bitcoin industry is still profitable.
  • 6,000th Global Rank
    Based on Alexa.com Site Informations, HashOcean is currently in the 6,000 most visited sites in the world. Most of the user are Russians where the said cryptocurrency is popular.
  • 0.005 Cashout
    This is easy to achieve if you have enough amount of mining power.
  • High Paying
    Pays a decent amount of money. Not that high but enough to earn you a decent amount of bitcoins everyday. Average payrate is $0.11 per 20 KH/s.
  • HTTPS Secured
    Rest assured that your connection on HashOcean is encrypted and secured. This can minimize the risk from hackers. Bitcoins is very high risk when it comes to blackhat activity because it is a digital currency, no physical copy.
  • Good Reviews
    Several trusted reviewing community says the program is legit and paying. Can't see a non payment complaint on the web.
Bad Things We Don't Like
  • Lacks Indentity Informations
    From their website to the web and to the whois informations, they have a very limited informations about themselves. They do have the addresses, emails and phone numbers but what we need is their real company informations, who's behind the team and where exactly they operate. If they bag your money, no one will be responsible, high risk of not getting back your funds.
  • Private Whois Informations
    We really hate businesses hiding via Privacy Protection. Why hide? If this infos can make a more solid trust from users?
  • Bitcoin is Unstable
    We already know that BTC price flactuates every other day or week. There's a high risk of losing money, if you don't, then expect longer duration of returns. The best thing you can do is to buy bitcoins at low price then buy mining power at the same time, in that way you can lessen the impact of bitcoin price flactuations. Pointless to mine if you bought your coins deposited at high price like what the conversion has today ($752 - June 18, 16).
  • Free Mine Power is Not Totally Free
    You need to buy the minimum purchase to activate the free 15KH/s power.
If you have more informations, payment proofs, opinions, complaints and feedback for this website, please do not hesitate to drop a comment below so that users can read it and be updated.

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