So, I came across another website called MajestyHash (Majesty Hash) and today I decided to review the website to know if it is legit or scam.
MajestyHash.com operation is under the mining category. On the site home page, they have claimed to be a Superpowered Bitcoin Cloud – Automated Bitcoin Mining – easy for everyone.
We have seen a good number of rip-off sites that used Bitcoin cloud mining to cover their fraudulent activities. Is Majesty Hash a legitimate website or just one of those scam sites? You will find out in this post, read on.
Company name: Majesty Hash
legal Name: Majesty Hash
Registration Status: unregistered
Registration number: Nil
Incorporated date: Nil
The Website’s Interface
The Majesty Hash can hardly be called user-friendly. First of all, it lacks an attractive user interface. The site looks like a mediocre web page from the era of the 2000s. A dark background sparkled with some Golden tabs, numerous rows of text that are quite hard to comprehend fast.
Besides, it’s not easy to access it. You have to register first by clicking on the Join Now button that has been positioned at the extreme right side of the website making it hard to spot. After that, you will have to provide them with your email address, a password and your Bitcoin wallet address. Only after this, you’ll find yourself on the main page that has daily updates of the latest offers.
If you want to navigate around the site, the list of tabs on the top of the page is for you. Every tab is of the same plain design that hardly attracts users. Moreover, there are only one photo of Bitcoin; therefore, the website is definitely not visually appealing at all.
As for the positive sides, the site works pretty well. It operates rather fast and seems to be reliable at first sight.
Majesty Hash claims to be an automated bitcoin cloud mining service with superpowers! They also assert that their platform provides every user in this world access to their latest, in-house technology: upgraded Bitcoin miners that can mine more Bitcoins more efficiently.
MajestyHash.com provides no information about the people who own or run the platform. As usual, scammers prefer to be anonymous to avoid being caught by the authorities when they eventually pull out.
When I checked the information about the domain (Majestyhash.com), I found the domain was first registered in June 2021 and that it will expire in June 2022, which is less than a year from the day this article was published.
As always, if a company’s domain has a short life span and the people who own or run it are not openly known, think long and hard about joining and/or handing over any money.
Majesty Hash Products
Majesty Hash does not have any retail products. They claim the company makes profits by mining cryptocurrencies.
Majestyhash’s Investment Plans
In general, investors are presented with a single investment plan that allows them to earn 8% of the amount invested. The minimum deposit amount is 0.00050000BTC, the number of active investments is not limited. The invested capital returns in 15 days.
Majesty Hash Compensation Plan
Majesty Hash offers a three-referral program, 6% for the deposit created the direct referrals, 2% for deposits created by the 2nd level and 1% for deposits created by the 3rd level referrals.
Is Majesty Hash Still Paying?
Reports have it that they are not paying. How the scam goes, when you create an account on the platform, you are allowed to mine Bitcoin for free. After you have mined up to the minimum withdrawal amount which likely won’t take much time, they will ask you to pay for transaction fees. You have to send transaction fees first before they send you the coin you have mined. From the information I gathered, once you send the coin, they will either close your account or come up with more reasons for you to spend more money. Majesty Hash is not paying and therefore a scam!
Is MajestyHash Legit or Scam?
Majestyhash.com is a scam, a typical mining fraud. They are using a cheap trick of luring investors with crazy profits that cannot be achieved by any legitimate mining company.
Majestyhash.com is a new mining scam that you should steer clear of. If you have any questions or comments, you can leave them below in the comment section.