It's safe to assume that the technique Madara used is exactly like Almighty Push, but at a deadlier level. It's most definitely a Variant or a more powerful form of Shinra Tensai. He has shown the Neutral aspect of Deva as well when he held Sasuke in place. So, it's a bit blatantly obvious that Madara's use of Rinnegan is leaps and bounds ahead of Nagato. It's his KG after all and the manga has always made a point to illustrate that KG holders are better skill wielders than the secondary users - the difference is always vast.
As for the question, then I think there is no need to deny any longer than Madara beats Hashirama's ass down easily - and by easily I mean, with no effort at all.
Is this a joke?
That shinra tensei made people like Gamabunta look like ants.
That is Almighty Push - A Variant of Shinra Tensai.
It'll restrain him but at what condition? Does Hashirama have to choke Madara like Madara did to him or what?
That is SOME innuendo. .-.