Bitaxles Financial, a platform linked to the "Power Hashing" scheme, operates without disclosing its owners. The domain bitaxles.com was registered privately in June 2016.

Analysis of the Bitaxles Financial website's code reveals connections to Power Hashing, described as a 25-month ROI Ponzi scheme. Amit Jaiswal, based in Delhi, India, is listed as a co-founder of Power Hashing. Current traffic data for Bitaxles Financial indicates that 61.1% of its visitors originate from India.

Bitaxles Financial offers no tangible products or services for sale. Participants can only market affiliate memberships for the company itself.

The compensation structure requires affiliates to invest between $50 and $2000. These investments are promised a monthly return on investment (ROI) that is determined each Monday. The potential ROI ranges from 30% to 100% of the invested amount. Affiliates can increase their monthly ROI by an additional 10% by completing daily tasks.

Withdrawals are permitted once the accumulated ROI is available. Affiliates can withdraw between $50 and $2000 per day. A mandatory condition for withdrawing funds is that affiliates must reinvest an amount equal to their initial investment, up to a maximum of $2000.

Referral commissions are paid through a unilevel compensation plan based on the investments made by recruited affiliates. This structure places personally recruited affiliates on level 1, their recruits on level 2, and so on, down to five payable levels.

Commissions are structured as follows: 10% on level 1, 5% on level 2, 3% on level 3, 2% on level 4, and 1% on level 5. To qualify for commissions beyond level 1, an affiliate must recruit and maintain ten active members.

Additional commissions are paid on reinvestments made by recruited affiliates. These are 5% on level 1, 2.5% on level 2, 1.5% on level 3, 1% on level 4, and 0.5% on level 5. Affiliates who have reinvested over $10,000 receive an extra 0.05% commission from level 6 onward, with no depth limit.

Joining Bitaxles Financial is free, but requires an initial investment to participate in the compensation plan.