There are so many different scams and Ponzi Schemes in the world of cryptocurrency; it has become very difficult to keep track of all of them. In this new series of articles, we will highlight some of the websites which appear to be paying, but may collapse at any time. HashOcean has been running for quite some time, but the company is less than transparent about their revenue.
HashOcean – A Platform Waiting To Collapse?
There is something to be said for companies which have been paying out for over a year now. HashOcean is certainly doing everything they can to uphold their legitimate status. Moreover, users are getting paid on time without any issues. But that does not make them completely legitimate and trustworthy all of a sudden either.
Cloud mining services are rather difficult to judge regarding reliability. At the time of writing, HashOcean’s website was completely offline, and users could not access their funds. That is one of the many downsides of centralized services where funds are kept in third-party wallets. However, that does not make HashOcean a scam by definition.
In fact, HashOcean has been given an excellent rating throughout the years. They offer a large ROI – usually five months or less – with reasonable contracts and low maintenance fees. Plus, there is an affiliate program, rewarding users with up to 5% of their affiliate’s hashpower. This latter part is a serious concern, as legitimate affiliate programs would just pay a portion of the transaction payment. Sustaining this hashpower indefinitely and out of thin air seems like a very strange business decision.
There are also reports to be found about how HashOcean is a scam, though. According to the company, they have several data centers all over the world, and over 160,000 registered users. Since they use Scrypt mining, their total hashpower exceeds a dozen gigahash per second. Back in 2015, the statistics on the website seemed incredibly fake, as they allegedly paid out over 46,000 Bitcoin in 39 days.
When browsing the Internet, particularly in Bitcoin-related forums or Facebook groups, there are plenty of people advertising hashOcean as well. There is nothing wrong with trying to raise awareness for a legitimate company. However, HashOcean does not fall into this category as there are more questions than answers regarding this company. The address listed on their website cannot be their headquarters.
Moreover, they had pictures of their staff on the website in the past, even though these images belonged to other companies. Their statistics look incredibly fake to this very day, despite them paying out users. It certainly appears HashOcean is a lot more fishy than people assume, but for now they are paying. Be warned when dealing with this company, though, as they may disappear at any given time. Make sure to check out this Bitcointalk thread for some up-to-date information.
Note from the Author: Once the site becomes accessible again, I will invest 0.2 Bitcoin into HashOcean and check their returns.
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Both Hashocean and Topmine went down at pretty much the exact time today, and now all i get are 403 errors and security certificate errors from both, on all my devices as well as multiple networks and operating systems. Coincidence?
Sure hope they resolve soon, but looks like the house of cards just fell to me.
Genesis Mining and Hashflare do not appear to be affected, yet and appear the most legitimate. Time will tell.
Also other sites of the website Hoster are offline or do check for Ddos so maybe that is the Problem…
I noticed they were down this morning. I tried emailing support but have received a ‘Delayed Mail (still being retried) ‘ reply. I also tried calling the support number and it just rang and rang until I finally got an ‘all circuits are busy’ message. Hopefully it is something like a DDos is behind it. I did get a couple of 403s on other sites at the same time, though they have all resolved ok upon retry.
its probably some server maintenance and lets hope the websites will be up soon.. ive invested on 13 graphic cards with hashocean. probably will be adding another 8 more once they come online.
They pulled down their youtube videos, closed their facebook page, someone got rich today.
Edit* forgot to mention topmine has tried to launch two new apps today. One is called Topmine, the other Hashocean. Same name even?
Cldmine went offline last week
has not paid today it seems.
And they also changed yesterday the whois entry.
Seems the house has collapsed.
I did however, get paid today by both Genesis Mining and Hashflare, I noticed they both made improvements to their sites today as well. Genesis added a video of their ethereum farm and Hashflare improved their useability. Looks like they might be trying to make themselves more transparent. I will stick with these two for now. As always, time will tell.
so so so sad ? im a newly member of this site and my very small investment wich i wish to grow wasging to lost!!!! ??????
I hope hashocean come back. They have been very good all this while never miss a payment, but today its just sad it just dissapered. 25BTC Down the drain. 🙁
“Note from the Author: Once the site becomes accessible again, I will invest 0.2 Bitcoin into HashOcean and check their returns.”
Don’t.
One way to burn cash.
I dont think so.. i always do my studies before i invest my money and Hashocean will be back soon.. they were attacked by hackers. shit like this happen when too much info is given by the mining company. some mining company stay confidential because to prevent themselves from attackers. im not burning any cash.. Rothschild is the one made humans as slave and bitcoin is one of the way to end poverty.
hashocean will be back.. they were attacked. keep calm guys.. give them few days and the website will be up… if u are complaining about hashocean being taken down means u are there to make fast money without understanding anything. its good that hashocean is being idle for awhile so it shows some ppls true color of being nuisance and not understanding.
I really, truly hope that is the case, however I sincerely doubt it. Come on hashocean, make me eat my words. You don’t close your social media and go dark when you’re hacked.
please do go to facebook right now as u done reading this and see their latest post. that would make you understand more.
if u had the chance to run ur own server one day.. u will know what they are going through and its not something easy when u have 700k members.
Time will tell. We are all powerless either way so, payments will resume or they won’t.
I hope they come back. But is there any evidence of them coming back? I am confused. At least they should have been given update of their operation.
I am not seeing anything that looks like an official communication anywhere. Do you mind sharing the link or relaying the details that you found? Thank you!
Please help me .. ive lost my 300k .. its for my kidney transplant .. please donate .. i really need my money .. hashocean take all my money .. pleaseeee .. this is my wallet address ..
1BYFRP8Zdvz3o39KSDdqrc7WFEPFBcQKwt
How much of the 25btc did you receive back in payments?
Who the fuck would bet their transplant money? That’s your loss, btw…. Kaiser doesn’t accept Bitcoin. Fuck outta here.
Bitcoin is a way…. But this cloudmining biz isn’t a way at all…. It just gave Bitcoin a bad look.
Dear members/miners,
as you may have noticed our domain has been hacked and sold, this was beyond our control and despite our teams very best efforts we have been unable to recover it. Our official Facebook, Twitter and Youtube accounts have also been hacked and closed.
We have had to take the unprecedented step now to admit defeat, the hackers have won and Hashocean is no more.
Our domain and our Data Centres were not directly linked but to be sure our members investments were protected we have been forced to cease all mining operations with immediate effect and transfer all remaining BTC (Approx $3,500,000) to a new secure wallet as we can’t be 100% sure the hackers won’t be able to get access to your investments eventually.
We have been able to recover a partial backup containing our final full days transactions/payouts along with our customer database and wish to refund as many of our customers as possible but we fear this might not be possible as we suspect the hacker/hackers may of been clients who accessed our domain via fake customer accounts they had setup so the only way we can resolve the matter is as follows:
(Customers will be refunded strictly on a FIRST COME, FIRST SERVED basis, when the secured funds are gone, they are gone)
Please carefully take note of the EXACT amount of the last confirmed BTC payment you received from us dated 26th June 2016.
Please send this EXACT amount of BTC to the below secure wallet address – please include with the payment notes your registered email address for Hashocean (DO NOT SEND ACCOUNT PASSWORD)
1Pvcmbi5WwWA5sBMMzdtCLLd7dqHAt7izR
We will cross reference your payment and email address with our backup records and as long as they match we will then refund that payment along with your investment back to your accounts registered wallet.(We estimate the process to take no longer than 72Hrs from receipt of your payment to processing of refund)
Please note we will only be refunding the funds you invested plus any re-invested funds, we will not be refunding any sign-up/referral/bonus funds at this time – we think this is the fairest approach so as to refund as many of our loyal investors as possible, if after this process is complete there are any funds remaining we will then start the process of refunding any referral/bonus funds, again on a first come, first served basis – watch this page for updates.
Finally please be extra careful with your account details, we have been informed of a number of fake websites etc. that have been set up using our name and tricking people into disclosing their wallet details, email address and passwords – PLEASE do not send any of your personal details to anyone ever by unsecured methods such as email or website.
Check the address given above with address posted under this sentence.
1Pvcmbi5WwWA5sBMMzdtCLLd7dqHAt7izR
Make transfer ONLY after double checking.
Regards,
Team Hashocean
Please, Can I Mali, returned from the Hashocean site
Please, Can I returned money from the Hashocean site
Perhaps the discussion should be about HashOcean and their ilk. There are many sites out there (CoinMining, HashStorm, BiteMiner, to name three) that are HashOcean clones. It seems that a cloud mining package is being sold which can be customized a bit to make it look unique, but it you were part of HashOcean, these sites seem painfully familiar. Those who invested in HashOcean lost. You’ve been scammed bigtime and it’s ongoing despite the replies here which seem to be coming from HashOcean principals. They are pathological liars in addition to being criminals. The government will do nothing about these proliferating HashOcean scams because cryptos are competition to the banks.
Why are there no official emails from HashOcean? They have the users email addresses. Why does it cost even more bitcoin to refund any which you have lost. That’s more cyber criminal come-on.
When you receive an official notice with proper English maybe you can hope. But it sure looks like HashOcean is up to even more criminal actions if only covering for the clone sites. HashOcean itself could be the ringleader who is selling the clones.
I did receive one apparent official email. The link to go to to receive a refund was actually an executable program. This could mean that HashOcean is further trying to burn customers by loading trojans onto their system.
Once we start getting some real names associated with HashOcean then justice can follow. I’m sure their 700,000 customers would like to know who these real bastards are.
You believe in fairytales
got my 25 btc back very nice 😀 i sended 0.01 btc to 1LxJXguP2zxbejccq7CnwhbtgNugiqxz8a
this is an automatic replay :
Unfortunatelly HashOcean will close definivelly and all our mining system is for sale now.Our mining system and webpage got irreversibly damaged.
Refund:
We will refund you on bitcoin adress afferent. Please send exactly 0.01573913 BTC to 1LxJXguP2zxbejccq7CnwhbtgNugiqxz8a from your bitcoin adress selected to payout on your account for proof.
Please follow the steps and keep calm.
Thank you,
HashOcean Team
hello i need to talk in private follow me back or join me on shype to tatoomj thanks
THE BEST WAY TO GO AND JOIN BTCFUND.IS. FIRST KNOW ALL ABOUT IT UPTO THE END OF SINGLE DOUBT****THEN AND THEN ONLY JOIN YOURSELF FIRST AND THEN SHARE YOUR EXPRIENCES TO YOUR FRIENDS AND RELATIVES
I´ve got a information from HashOcean:
This verification will allow us to activate new bitcoin address for your account on our system and to protect your account fully.
Help us verify your accounts with this process:
STEP 1: Send 0.02 BTC fee to our HO address:
1DTDQ5k9r4P1m6nDzZGccG3wkWMZLWg6Xz
STEP 2: On the transaction note, put your hashocean username (email).
STEP 3: We will send you a confirmation email regarding your account.
Wait for 1-2 days process if you’ve requested for a refund.
(REFUND: Our system will automatically send your full investment)
NOTE: If you do not identify your account, then our system will automatically disable your account and you will not be able to use it again after 08/29/2016.
We apologize for the inconvenience.
For further inquiries, send us a message.
Team HashOcean
It is not a big amount. We will see.