What is going on with Bitcoin Vault?

This project seems to have just popped up and is apparently highly profitable with sha-256, however the listed pools on mining pool stat show less than 1% of the total net hash. I can’t find anything in forums and am curious if anybody has had any luck with it? I’d normally say this could be a scam project, but the price and network difficulty is just continually going up. Thoughts?

it seems to be backed by this company: https://minebest.com/

It’s really wired , minerstat shows that it has 1.3 exahash of hashing power behind it, which is a bit absurd for such an unknown coin, this is as much as BCH/BSV …