hashflare cloud mining

HashFlare Mining

USA, Germany, Japan, Australia, UK, Nederland, Iceland, Canada

The reason why Hashflare is so popular is that individuals of all ages, investment types, location, and technical experience can jump into Bitcoin mining without needing to buy the expensive equipment.

  • Immediate withdrawal of funds
  • Equipment begins work immediately after payment
  • All information of operation on your account are available 24/7
  • No hidden commissions
  • Every change of balance can be seen in the control panel
  • You can independently distribute the power across different pools to find the most profitable combination.
  • Coins: BTC, ETH, LTC, XMR, DASH, ZEC

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Hashflare is one of these cloud mining services, brought about by those behind HashCoins, which allows users of all investment types, to access cryptocurrency mining.

Since: 2014, worked 1462 days
Pay System:
MasterCard Bitcoin Visa
Profit from:
340% year
deposit: $30
min payment: $40

9

Our rate

6.9

20 votes

Paid
Last paid:
21.05.2018

Launch date: 15.12.2014

Hashflare is one of these cloud mining services, brought about by those behind HashCoins, which allows users of all investment types, to access cryptocurrency mining.
When it comes to cryptocurrency mining, buying your own computer rig, maintaining it, and dealing with the technical knowledge behind the process of mining, can be a little too much for some individuals.
With this said, there are cloud mining services which allow individuals to invest in cryptocurrency mining without having to maintain their own mining equipment.

What are the Benefits and Profitability of Hashflare?

In terms of benefits associated with using Hashflare, individuals will experience the following features:

  • Unlimited Contract Terms: all of Hashflare’s contracts have a one-year end date on them; however, you can use Hashflare endlessly without interruption in so long as the mining remains profitable.
  • Instant Withdrawals: permitting that you have enough to withdraw (minimum amount) you will receive the withdrawal immediately.
  • Instant Mining: as soon as you’ve purchased a contract and it is confirmed, the mining begins immediately. You will see first payouts within a twenty-four hour period.
  • Detailed Statistics: if you are interested in the statistics of the mining operation related to your contact, you can view all of this information from your dashboard. This is accessible anywhere in the world, from any location.
  • Fixed Maintenance Fees: there are no hidden fees and there are no commissions accepted. All transactions are recorded and visible to you.
  • Pool Allocation: you decide what pools your hashrate mines in. This allows individuals to combine different mining pools together to create a more profitable portfolio combination.
  • Referral Program: Hashflare allows you to take part in a referral program that pays out a 10% referral commission for all contract purchases made.

With regards to how profitable the mining can be, according to Crypto Compare, those who bought the Ethereum contract package ended up making about twenty-one dollars in profit over the course of a year. Unfortunately, profitability is hard to determine due to the fluctuations in cryptocurrency values. The company does have a calculator on their website, so you can get an estimate of how much you could potentially make.

How to Create a Contract and What Are the Fees and Payouts?

In order to create a contract with Hashflare, you have to create an account and go through the process of buying a mining contract. Here is a quick overview guide of how to create a contract with Hashflare.

  1. Register an account with Hashflare at their website.
  2. Confirm the activation e-mail address that is sent.
  3. Add a Bitcoin address in the settings section of your dashboard. This is for receiving your withdrawal payments.
  4. Navigate over to the mining contracts by clicking on the Buy Hashrate section in your dashboard.
  5. Select which algorithm you want for the currency you would like to mine.
  6. Choose how much hashrate you would like to use and in what pools it is used in (if you have more than one contract).
  7. Click proceed after determining how much mining power you want to be used.
  8. Head to the payment method area, choose your payment method and confirm.

Currently, users have access to five different contract options that allows the purchase of hashrate for (Bitcoin/Litecoin) Scrypt cloud mining, SHA-256 cloud mining, Ethereum, Zcash, and Dash cloud mining. The Scrypt algorithm pays out in Bitcoin with a maintenance fee of 0.005$/1MH/s/24h while SHA-256 algorithm also pays out in Bitcoin and has a maintenance fee of 0.0035$/10GH/s/24h. The Ethereum package pays out in ETH, the Zcash pays out in ZEC, and the Dash cloud mining package pays out in DASH. The Ethereum, Zcash, and Dash cloud mining packages do not have maintenance fees.

Overall, Hashflare is an excellent option for those who want a legitimate cloud mining service that has low maintenance fees, a variety of pool combinations, and access to some of the most popular cryptocurrencies on the market.

Video by HashFlare Mining