4.7
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POW.RE Review: fees, KYC and how to sign up

A legible, operator-run OTC hashrate desk with real mining history and physical delivery mechanics, but it is young, names no legal entity on its live site, is entirely self-reported, and its disclosed early backer/partner Haru Invest collapsed in 2023.

unverified5 red flagsfacts reported
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site reachable · checked 11 h ago · daily check

Red flags (5):
  • No published terms of service, privacy policy or KYC/AML policy (S3 object missing on /terms and /privacy)
  • No public price list - all quotes bilateral
  • Self-reported metrics (200+ EH-days, 800+ BTC) unaudited
+2 more red flags - expand before signing up
  • Haru Invest bankruptcy exposure remains unresolved (trustee process active into 2026, no POW.RE statement)
  • Corporate linkage between POW.RE Inc., the Quebec/Ontario entities and the Singapore subsidiary not publicly documented

// Review

by the bestcloudmining editorial desk · curated review · prose updated 2026-10-02 · facts as of 2026-10-02 · how we verify

Overview

POW.RE is a Montreal-based over-the-counter desk for physically delivered Bitcoin hashrate - a principal counterparty selling spot, term and forward contracts to miners, pools and institutions [1][3]. Its corporate footprint is now verifiable: registered Canadian entities and a live Singapore subsidiary [6][7]. It stays on verify because the desk publishes no terms, no KYC policy and no price list, and its metrics are self-reported [1][11].

What you can rent

Physically delivered SHA-256 hashrate, quoted in petahash-hours: spot bursts from one PH-day with 24-hour to 30-day delivery, term contracts from one to 24 months, and forwards with 3-24 month tenors where you advance BTC or USD and get repaid in delivered hashrate [2][3][4]. You are contracting with the desk itself, not renting from a marketplace of rig owners [2]. There is no hosting product and no cloud-mining product in the retail sense - this is an institutional-style instrument with a one-petahash-day entry floor [3].

Contract & terms

Mechanics are published on the how-it-works page: quantities are fixed in PH-hours, paid upfront, and reconciled daily - "advance (D-1), deliver (D), reconcile (D+1) - paid on-chain in BTC" [5]. Differences are settled, never repriced [5]. Shortfalls are extended and topped up until the contracted quantity is met, with per-contract SLA terms compensating any remaining shortfall [5]. There are no published terms of service, privacy policy or KYC/AML pages - the URLs return server errors [11]. Onboarding happens by email, Telegram or WhatsApp. Pricing is quoted bilaterally in USD or BTC per PH-day [3].

Proof & verifiability

The desk's delivery claim is checkable in principle: it says every share lands on a live watcher link you can counter-verify at the pool rather than on their dashboard [7]. That is a strong design for an OTC product - but it is the operator describing its own process; there is no audit of delivered volumes, and the advertised track record (200+ EH-days, 800+ BTC paid) is self-reported [5]. Corporate existence is externally verified through registry records in Ontario and Singapore [6].

Reliability & history

The team is public and mining-rooted - CEO Mike Cohen, COO Maxime Bisaillon, with a "mined Bitcoin since 2010" operating history and the company's own hydro-powered Canadian sites [8]. A 2025 press headline described a Pow.re-Block Green merger; Block Green's own domains are now dead and absorption is unconfirmed [10]. The serious open item is Haru Invest: the Korean bankruptcy process that ensnared partner exposure remains active (trustee status reports filed into 2026), with no POW.RE-side public statement resolving it [9]. No insolvency, enforcement or shutdown news for POW.RE itself surfaced through 2026 [10].

Pricing

Quotes are bilateral - USD or BTC per PH-day - with no public price list or spread [3]. Spot bursts start at one PH-day [3]. Settlement is on-chain in BTC on a daily advance/deliver/reconcile cycle [5]. Contract risk is the honest risk: the site's own disclaimer states hashrate and digital-asset transactions "carry significant risk, including the potential loss of capital" [3]. KYC is undocumented; assume identity checks may be requested per contract and get every SLA term in writing before wiring [5][11].

Verdict

POW.RE is one of the few hashrate sellers with real registry-verified entities, a coherent principal-desk model, and pool-side delivery verification [6][7] - and simultaneously an institutional product with zero published consumer protections: no terms, no KYC policy, no price list, and an unresolved historical exposure [11]. Appropriate for sophisticated counterparties who will contractually pin the SLA; not appropriate for retail buyers, which is why it stays unverified on our scorecard [11].

++ What works

  • Clear product: spot (24h-30d), term (1-24 months) and forward (3-24 months) physically delivered SHA-256 hashrate
  • Team presents real operating history (Bitcoin mining since 2010; own hydro sites in Canada; 100 MW Paraguay expansion)
  • Buyer can reportedly counter-verify shares via a live watcher link at the pool, not only on POW.RE's dashboard
  • Daily on-chain settlement option with an explicitly stated D-1/D/D+1 cycle
  • Founder named in press (Mike Cohen, CEO) and active in public commentary

-- What to watch

  • No legal entity or registration number on the live site; entity only appears in a 2022 press release
  • All operational metrics (volume, BTC mined, counterparties) are self-reported; no audit
  • No published price, minimum schedule or KYC policy
  • Young OTC desk; counterparty risk sits with the buyer
  • A disclosed early investor/partner (Haru Invest) collapsed in 2023 (see incidents)

Pricing reality check

Documented pricesee provider site
PayoutsDaily on-chain BTC settlement (advance D-1, deliver D, reconcile D+1) · threshold None published - per-contract settlement
NotesNo public price list (OTC desk model, 2026-10-02). Products: spot 24h-30d delivery from 1 PH-day; term 1-24 months; forwards 3-24 months (advance BTC/USD, repaid in delivered hashrate). Daily on-chain BTC settlement D-1/D/D+1; differences settled, never repriced.

Run the long math before paying: cloud mining calculator →

// How to get started with POW.RE

Built only from what is documented on this page as of 2026-10-02 - anything not documented stays a gap on purpose.

  1. Open the provider site

    Everything happens on pow.re - we count the click, nothing else changes for you.

  2. Pay

    Accepted: BTC. Check the network and the deposit address inside your account, never from an email.

  3. Read the term before you sign

    720-day contract · maintenance Not applicable (the desk delivers hashrate; the buyer chooses their own pool endpoint) · refund: Not a consumer product. Fixed-quantity contracts are reconciled against delivered PH-h with differences…. A term you did not read is money you cannot get back.

  4. Verify the output, not the dashboard

    Proof is documented as partial - Design: every share lands on a live watcher link counter-verifiable at the pool (operator claim). Delivered volumes (200+ EH-days. Compare the first payout with the pool or wallet before scaling up.

  5. Know the exit

    Payout frequency: Daily on-chain BTC settlement (advance D-1, deliver D, reconcile D+1). Threshold: None published - per-contract settlement. Refunds: Not a consumer product. Fixed-quantity contracts are reconciled against delivered PH-h with….

Then run the math: mining calculator · contract vs. HODL · all hashrate market providers.

// Is POW.RE legit?

Short answer: Based on our checks as of 2026-10-02: POW.RE scores 4.7/10 in our weighted review. We logged 5 red flags (listed above). Facts are reported, not fully verified - test with a small purchase and a withdrawal first. User reports and operator background are documented with dated sources in the meta-review below.

Statusverify
OperatorPOW.RE Inc. (Montreal); POW.RE HOLDINGS LIMITED (Ontario branch of Gestions POW.RE LTEE, Quebec); POW.RE SG PTE. LTD. (Singapore) · HQ Canada (medium)
Founded2019
Proofpartial
KYCnot documented

Red flags

  • No published terms of service, privacy policy or KYC/AML policy (S3 object missing on /terms and /privacy)
  • No public price list - all quotes bilateral
  • Self-reported metrics (200+ EH-days, 800+ BTC) unaudited
  • Haru Invest bankruptcy exposure remains unresolved (trustee process active into 2026, no POW.RE statement)
  • Corporate linkage between POW.RE Inc., the Quebec/Ontario entities and the Singapore subsidiary not publicly documented

What "legit" does not mean

A real, operating provider can still lose you money: with a contract you own no hardware, revenue follows coin price and difficulty, and most published contracts are priced so the seller comes out ahead. "Legit" means the operator exists and pays what its terms promise - not that the deal is profitable. 14 dated sources back this page; they are listed under sources.

// Alternatives to POW.RE

Same category, scored on the same criteria - so the comparison stays honest. Compare only in the same unit, and read the minimum, KYC and proof columns before switching.

#2

F2Pool

Pool only: 13-year-old multi-coin mining pool (FPPS 4% / PPLNS 2%); it does NOT sell hashrate, cloud mining or futures.

7.5
no KYC
price on request
Hashrate markets hashrate broker 38 d ago
#3

NiceHash

Public order-book hashrate marketplace plus OTC deals; Swiss entity, KYC required and fees paid per order.

7.2
from $0.502 BTC per EH/day best ask (live order book) min $83
Hashrate markets hashrate marketplace 38 d ago
#4

EMCD

Mining pool (FPPS/PPS+/PPLNS) plus wallet, savings and P2P; pools only, it does not sell cloud hashrate contracts.

6.6
price on request
Hashrate markets hashrate 38 d ago

Ready to try POW.RE? Start small, verify one payout, and only scale up once the hashrate or compute actually matches what you paid for.

Visit (unverified) or compare all providers →

// POW.RE FAQ

Is POW.RE legit?

Based on our checks as of 2026-10-02: POW.RE scores 4.7/10 in our weighted review. We logged 5 red flags (listed above). Facts are reported, not fully verified - test with a small purchase and a withdrawal first. User reports and operator background are documented with dated sources in the meta-review below.

// The meta-review: what the internet says about POW.RE

We do not expect you to trust us. This review is a meta-review: below you see what other review sites claim, what users report on Reddit, forums and complaint boards, and who actually operates POW.RE. Every claim links to its source so you can verify it yourself. Our verdict forms from these sources plus our own fact checks - not the other way around.

// What other reviewers say (1)

Heads-up: most cloud mining "reviews" are affiliate content. We mark our reliability judgement on every source and include critical voices deliberately.

powfrancisco.substack.com

PoW Francisco research feed (active since 2025)

Mon, 03 Aug 2026 ... Some quick thoughts on BIP 110's mining game theory

source dated n.d. · verified by us 2026-10-02 · HTTP 200 · known site, treat as indicative

// What users say (5)

Reddit, forums, complaint boards. Anecdotes, not proof - but payout complaints and host-reliability patterns are the best early-warning system this market has.

reddit.com neutral

Translation of Feb 3, 2026 Trustee Status Report slide deck on Haru Website

r/HaruInvest community translation of the Haru trustee status report; the subreddit continues to discuss Haru's assets including its Pow.re position. Reddit 403 to this host; via pullpush.io.

source dated 2026-02-20 · verified by us 2026-09-24 · HTTP 403 · unverified / anonymous source
reddit.com neutral

MicroStrategy isn't the enemy. Mining monopolies are, warns Pow.re CEO

r/CryptoCurrency discussion of a public statement by the Pow.re CEO (Mike Cohen) on mining centralisation. Shows an identifiable, publicly active CEO; no fraud allegation. Reddit 403 to this host; via pullpush.io.

source dated 2025-06-05 · verified by us 2026-09-24 · HTTP 403 · unverified / anonymous source
reddit.com mixed

Has anyone tried to contact Pow.re?

r/HaruInvest thread asking whether anyone had succeeded in contacting Pow.re in the wake of the Haru Invest withdrawal freeze. Reflects uncertainty about Pow.re's role in Haru's mining product. Reddit 403 to this host; via pullpush.io.

source dated 2023-07-09 · verified by us 2026-09-24 · HTTP 403 · unverified / anonymous source
reddit.com neutral

Haru Invest makes a $9M investment in Canadian crypto mining firm Pow.re

Community post relaying the reported $9M Haru Invest investment in Pow.re. Reddit returns 403 to this datacenter host; found via pullpush.io on 2026-09-24. Establishes the investment relationship; not an endorsement or accusation.

source dated 2023-02-10 · verified by us 2026-09-24 · HTTP 403 · unverified / anonymous source

// Who is behind POW.RE?

Cloud mining ownership is often deliberately opaque. This is what we could verify - with sources. Confidence: medium (checked 2026-10-02).

OperatorPOW.RE Inc. (Montreal); POW.RE HOLDINGS LIMITED (Ontario branch of Gestions POW.RE LTEE, Quebec); POW.RE SG PTE. LTD. (Singapore)
Legal entityPow.re Holdings Limited (Montreal, QC, Canada)
Registered inCanada (Montreal)

Other sites run by the same operator/network:

  • POW.RE
  • PoW Francisco (Substack research)

Live site JSON-LD names POW.RE Inc., Montreal, CA (email hashrate@pow.re). Registry: POW.RE HOLDINGS LIMITED, Ontario branch #1000644829 of Quebec Gestions POW.RE LTEE; POW.RE SG PTE. LTD. #202242909K live (SSIC 63111 hosting). Team public: CEO Mike Cohen, COO Maxime Bisaillon, "mined Bitcoin since 2010". Block Green merger (2025 headline) absorption unconfirmed - Block Green domains dead.

// AI fact summary - everything we know, compressed

Generated by Qwen3 on 2026-10-05 from our fact database plus the 14 linked sources above. It summarizes - it does not add facts. Check anything that matters against the linked sources.

Bottom line: POW.RE is an OTC hashrate desk, not a retail cloud mining subscription. It sells physically delivered Bitcoin hashrate in bilateral contracts starting at 1 PH-day, with daily on-chain BTC settlement. It is operational but lacks published legal terms, audits, and full entity transparency.

The coverage truth: This is not a service that unblocks streaming or geo-restricted content. It provides SHA-256 Bitcoin hashrate to institutional or sophisticated buyers, with no consumer-facing mining product.

Setup reality: Access is via email, Telegram, or WhatsApp; no public app or self-serve portal. Buyers choose their own pool endpoint and verify delivery through live watcher links. No KYC policy is published, but identity checks may occur per contract.

What reviewers say vs what users say: There are no consumer reviews or third-party audits. Operator claims include 200+ EH-days traded and 800+ BTC mined, but these are self-reported. Reddit threads reflect uncertainty due to Haru Invest’s 2023 collapse and its $9M investment in POW.RE, with no clarification from POW.RE on its current exposure.

Who runs it: POW.RE Inc. (Montreal), with linked entities in Ontario and Singapore. Leadership includes CEO Mike Cohen and COO Maxime Bisaillon, both public figures. The company is tied to the Substack “PoW Francisco” and reportedly received investment from Haru Invest, which is now bankrupt.

// Sources & how this review was built

Every external source used on this page, with the date we fetched it. Methodology: how we verify. Sources disappear or change - if a link is dead, tell us via contact.

  1. [1] operator pow.re - POW.RE homepage (live) accessed 2026-10-02 · HTTP 200

    “Buy and sell physically delivered Bitcoin hashrate, over the counter. Spot and forward contracts quoted by one desk, verified share by share, settled on-chain in BTC.”

  2. [2] operator pow.re - POW.RE homepage - products and pricing unit accessed 2026-10-02 · HTTP 200

    “Spot sales 24h - 30d delivery ... Term contracts 1 - 24 months ... Pricing unit USD or BTC / PH-day ... Settlement Bitcoin”

  3. [3] operator pow.re - POW.RE JSON-LD - legal name accessed 2026-10-02 · HTTP 200

    “legalName \"POW.RE Inc.\" ... addressLocality Montreal, addressCountry CA”

  4. [4] operator pow.re - POW.RE how-it-works - settlement cycle and SLA accessed 2026-10-02 · HTTP 200

    “advance (D-1), deliver (D), reconcile (D+1) - paid on-chain in BTC”

  5. [5] operator pow.re - POW.RE how-it-works - buyer verification claim accessed 2026-10-02 · HTTP 200

    “Every share lands on a live watcher link you can counter-verify at the pool - not on our dashboard.”

  6. [6] registry opencorporates.com - OpenCorporates - POW.RE HOLDINGS LIMITED (Ontario) accessed 2026-10-02 · HTTP 200

    “GESTIONS POW.RE LTEE POW.RE HOLDINGS LIMITED branch - Company Number 1000644829 - Jurisdiction Ontario (Canada)”

  7. [7] registry opencorporates.com - OpenCorporates - POW.RE SG PTE. LTD. (Singapore) accessed 2026-10-02 · HTTP 200

    “POW.RE SG PTE. LTD. - Company Number 202242909K - Status Live Company - Jurisdiction Singapore”

  8. [8] operator pow.re - POW.RE about page - team accessed 2026-10-02 · HTTP 200

    “Mike Cohen - Co-Founder & Chief Executive Officer ... The desk is run by miners. We've mined Bitcoin since 2010”

  9. [9] community api.pullpush.io - Reddit - Haru Invest bankruptcy process (February 2026, via mirror) accessed 2026-10-02 · HTTP 200

    “Case No. 2024Hahap100259 ... Debtor Haru Management Limited trustee status report”

  10. [10] operator pow.re - POW.RE terms URL - missing pages accessed 2026-10-02 · HTTP 403

    “Error Code AccessDenied Message Access Denied (S3 object missing)”

  11. [11] review powfrancisco.substack.com - PoW Francisco research feed (active since 2025) accessed 2026-10-02 · HTTP 200

    “Mon, 03 Aug 2026 ... Some quick thoughts on BIP 110's mining game theory”

Initial database sources (pre meta-review):

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