SmartHashes’ website contains no information regarding the company’s ownership or management. 

On May 2nd, 2021, SmartHashes’ website domain (“smarthashes.com”) was privately registered. 

If an MLM firm is not transparent about who runs or controls it, consider carefully before joining and handing over any money.

Products by SmartHashes 

SmartHashes does not sell items or services to the general public. 

Affiliates are only permitted to promote the SmartHashes affiliate membership. 

Compensation Plan 

Affiliates of SmartHashes invest bitcoin in exchange for the prospect of advertised profits. 

SmartHashes’ investment plans are divided into two-month, four-month, and eight-month stages. 

Two-Month Plans

• Beginner – invest $4 and get 11 cents daily for two months;
• Economy- Invest $11 and earn 34 cents every day for two months; 
• Standard – invest $32 and get $1.03 every day for two months; 
• Semi-Professional – invest $63 and earn $2.10 every day for two months; 
• Advanced – make a $166 investment and collect $5.75 daily for two months; 
• Professional – make a $319 investment and earn $11.50 every day for two months; 
• Investor – make a $930 investment and earn $34.49 every day for two months; 
• Investor+ makes a $2820 investment and earns $103.48 every day for two months. 

Four-Month Plans

• Beginner – invest $7 and get 23 cents every day for four months; 
• Economy- Invest $21 and get 69 cents every day for four months; 
• Typical – invest $63 and get $2.07 a day for four months; 
• Semi-Professional – invest $126 and earn $4.20 every day for four months; 
• Advanced – make a $332 investment and earn $11.50 every day for four months; 
• Professional – make a $637 investment and earn $22.99 every day for four months; 
• Investor- make an $1860 investment and earn $68.98 every day for four months; 
• Investor+ makes a $5640 investment and earns $206.95 every day for four months. 

8–month Plans

• Beginner – invest $14 and get 46 cents every day for eight months; 
• Economics – invest $42 and earn $1.38 each day for eight months; 
• Typical – invest $126 and earn $4.14 each day for eight months; 
• Semi-Professional – invest $252 and earn $8.39 every day for eight months; 
• Advanced – make a $663 investment and earn $22.99 every day for eight months; 
• Professional – make a $1274 investment and collect $45.99 each day for eight months; 
• Investor – make a $3720 investment and collect $137.97 every day for eight months; 
• Investor+ makes an $11,280 investment and earns $413.90 every day for eight months.

Referral Commissions  

SmartHashes compensates for referrals on a one-tier basis. 

A uni-level pay system positions an affiliate at the top of a uni-level team, immediately below whoever they individually recruit.

If any level 1 affiliates bring in new members, they are automatically put on the level 2 team of the original affiliate. 

If any level 2 affiliates bring in new members, they are automatically promoted to level 3 and down a theoretically limitless number of groups. 

SmartHashes sets a limit of five paying uni-level team levels. 

Referral commissions are given on monies invested at each of these five levels, based on the amount invested by the downline: 

• Persuade people to contribute $100 and earn 3% on stage one (personally recruited affiliates); 
• Persuade people to contribute $250 and earn 3% on level 1 and 4% on level 2; 
• Persuade others to spend $1,000 and earn 3% on level 1, 4% on level 2, and 5% on level 3;
• Persuade others to contribute $5000 and earn 3% on level 1, 4% on level 2, 5% on level 3, and 6% on level 4;
• Persuade others to contribute $10,000 and earn 3% on level 1, 4% on level 2, 5% on level 3, 6% on level 4, and 7% on level 5. 

Joining SmartHashes

Joining SmartHashes is entirely free. 

Yet, a minimum bitcoin investment of $7 is required to participate fully. 

Final Thoughts

SmartHashes claims to earn income externally through bitcoin mining: 

“Our equipment is housed in highly secure data centers. Clients rent equipment remotely. A significant advantage is that you avoid paying depreciation on the equipment during its ownership. Additionally, our data centers are secured around the clock”. 

There is no proof that SmartHashes generate income through mining. Furthermore, there is no proof that SmartHashes generates income from any other source. 

At the moment, the only provable revenue stream for SmartHashes is a new investment. 

SmartHashes is a Ponzi scam since it uses new investment to compensate affiliates a daily return. 

As is the case with all MLM Ponzi scams, as affiliate recruitment dwindles, new investment dwindles as well. 

This will deprive SmartHashes of ROI income, resulting in the company’s eventual demise. 

The mathematics behind Ponzi schemes ensures that most participants lose money in the end.

According to Alexa traffic monitoring, the bulk of SmartHashes victims is from Nigeria (50 %), the United States (26 %), and Canada (13 %).