I wanted to share an urgent warning about a new “cloud mining” operation called
FansHash, which is preying on unsuspecting investors. Please read carefully and protect your funds!
1. How the Scam Operates - URL Churn: fanshash.net → fans-hash.com → fanshash.cloud → …
- Identical Design: Same color scheme, pricing grid and fake testimonials across every domain.
- False Urgency: Flashing messages like “Only 20 slots left!” to rush deposits.
- Paid Press Releases: Sponsored “analyses” appear on GlobeNewswire, Pressat, Bitcoinist, Crypto.News, falsely lending credibility.
https://altcoinarchive.com/wp-content/uploads/2025/07/Online-FansHash-Mining-1024x576.jpg
2. The Great Return Illusion FansHash promises eye-popping daily and monthly returns that no real mining operation can sustain:
- 1 day – Invest $100 → 3% daily ($3) → Total $103
- 7 days – Invest $500 → 4% daily ($20) → Total $640
- 14 days– Invest $1,000 → 3.5% daily ($35) → Total $1,490
- 30 days– Invest $5,000 → 2.5% daily ($125) → Total $8,750
- 60 days– Invest $10,000 → 2% daily ($200) → Total $22,000
Reality Check: Legitimate cloud miners deliver around 5–20% annual ROI after electricity, cooling and equipment costs—not 2–4% every single day.
https://altcoinarchive.com/wp-content/uploads/2025/07/FansHash-Mining-Packet-1024x576.jpg
3. No Real Mining Infrastructure - No hardware specs: They never disclose total hash rate or machine models.
- No live dashboard: Real services show real-time mining stats; FansHash shows static screenshots.
- Withdrawal delays: “Maintenance” or “network congestion” excuses never resolve.
4. Cloud Mining 101 Cloud mining should mean:
- Professional Data Centers: Industrial-grade ASIC/GPU rigs with backup power & cooling.
- Transparent Costs: Electricity, depreciation, maintenance, staffing—all disclosed.
- Fair Profit Split: Mined coins distributed based on your rented hash power.
If a provider can’t show you these details, it’s almost certainly a sham.
5. Red Flags & Protection Tips - Verify Registrations: Check Companies House (UK) or local business registries for valid incorporation.
- Question ROI Claims: If daily returns exceed 1%, be extremely wary.
- Research Community Feedback: Look for unbiased reviews on Reddit, Telegram, BitcoinTalk.
- Demand Transparency: Request live hash rate dashboards, power-usage reports, data-center addresses.
- Self-Custody Your Crypto: Keep your coins in wallets where you control the private keys.
6. Conclusion FansHash’s rotating domains, fake documents, and paid hype pieces are classic hallmarks of a cloud mining scam. In crypto, your best defense is **due diligence**: verify registrations, demand operational transparency, and rely on community intelligence. Stay safe out there!
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source:
https://altcoinarchive.com/fanshash-cloud-mining-deception-urgent-alert-for-crypto-investors