Taken from this thread. https://bitcointalk.org/index.php?topic=1106417.0

I thought more people needed to be made aware.

1) well, They claim to have a company set up in UK. they dont.

http://companycheck.co.uk/search/results?SearchCompaniesForm%5Bname%5D=hashnet&yt0=
http://wck2.companieshouse.gov.uk//companysearch?disp=1&frfsh=1435839410&#result


^^ This is not even a true legitimate address, No postal code, birmingham is a big place (I know, I used to live there) - B4 is a postal district but that is only it. a large district (almost a town in itself), No way for anyone to contact them with that address.

Apparently they are also known as Hashnet Mining LLC - a completely different name to Hashnet Ltd

https://www.facebook.com/pages/Hashnet-Mining-LLC/104158506586743

an also known by their Founder as Hashnet LLC

https://forum.bitmain.com/bbs/topics/1752

Which in the UK (where they are apparently registered but not) You cannot get an LLC (They are PLC, Public Limited Company) Not limited liability company.

2) Whois privacy, Big No-No, They shouldn't be trying to hide anything especially if they have a company set up.

3) Shared hosting - I imaging that any legitimate business who expect high load and have tools to connect to their "equipment" wouldn't be using shared hosting


4) According to this page (http://web.archive.org/web/20150526120324/http://www.hashnet.co/) they are using Bitmains AntminerS5, Maybe we should invite Bitmain to comment on this?

Altogether this setup appears to be a shambles. I would not invest here, it looks like a complete ponzi scheme / scam