Altcoin: Hashflare Cloud Mining Review

Introduction

Cloud Mining is one of the most attractive methods to make money online with crypto-currency. Unfortunately, in practice, 99% of the cloud-mining platforms are scams.

Bitcoin Mining:

Bitcoin Mining is a process of verifying and recording blockchain transactions of bitcoins. Bitcoin, also known as 'decentralized currency', is a kind of crypto-currency that is made available in the form of digital or electronic currency. A blockchain is a distributed ledger that uses bitcoin as its account unit.

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Hashflare is a cloud mining

In this article, we will discuss one of the best cloud mining websites that is reliable and profitable. Hashflare is indeed one of the best online cloud mining platforms for crypto-currencies such as bitcoin.

It is preferred by most experienced users based on parameters such as reliability (stable payouts), ROI (Return On Investment) and transparency. In this post, we discuss some features of Hashflare's cloud mining platform.

Hashflare is a cloud mining site. Here you can log in and start to generate Bitcoins.
You can see on the site an overview of your income every day. You will also receive an overview that you earn per day, week, month or year.

By opening an account and buying hashpower (computing power) Bitcoins are made for you (mined).
Hashflare assigns the purchased hashpower to a pool. Every pool is an organization that has a lot of hardware and with this Bitcoins mined for you.

The advantage is that you do not have to worry about electricity costs or hardware that gets defective. The Bitcoin price is currently very high. Buying a Bitcoin is a lot of money. By mincing through Hashflare you can still get Bitcoins for a low amount.

Hashflare is a very nice mining site. This is our favorite person. Here you have the option to turn on re-invest. When you turn it on, your income is converted into even more hashpower every day, which means you earn even more. You can compare this when you receive interest-on-interest. You can pay whenever you want.

It is one of the most trusted sites, which was first introduced by the team of hash-mint experts. Hash coins gained prominence in 2013 when the concept of crypto-currency was introduced on the global market.

Sergei Potapenko is the founder of hash-coins in Estonia, where these hash-coins offer different hardware at their data center with two megawatts.

The Hashflare platform consists of approximately 350000+ members and was officially launched on 23 April 2015 in Russia. Later, the activities were expanded to a number of other countries, such as Germany, Portugal, Spain, and Italy. The cloud mining process is similar to the services of the other trading platforms.

On 30 June 2015, Hashflare consisted of approximately 10,000 consumers. It is a new and innovative platform in the cloud mining industry. Hashflare is an interesting platform that offers bitcoin mines at a reasonable cost and is very different from conventional bitcoin minetiques, which place more emphasis on hardware and support.

Hashflare also consumes only a small amount of electricity in comparison. Another advantage is the ability to publish mining photos and technical details.

To use this platform, you sign an agreement with a maturity of one year for both Ethereum and DASH mining. During that period, in addition to the standard mine levy, no additional costs will be charged.

In the case of SHA - 256 and scrypt mining, you as a user are required to conclude a lifelong contract. For these services, Hashflare charges extra costs for support, which is calculated on the basis of the profit made. Apollo mining is used for SHA - 256, while for mining in scrypt the Ares miner has been chosen.

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What does it earn?

It is a 1-year contract. After a year you have about 4x your deposit back. You can pay your income every day.

Certainly, when you switch on the re-invest option in the 1st month or 2 months, this can be up to 6x your investment recovered in 1 year. If the Bitcoin is worth 100,000 euros in 1 year, this can be recouped 30 times your deposit.

Suppose you buy 1000 euro of hashpower (computing power) and you put 2 months of re-invest on. After 2 months you will then earn about 300 euros per month.

Assuming that the Bitcoin will increase even further, this can increase considerably. In addition to Bitcoins, you can also add other coins, such as Monero, Litecoin, Ethereum.

On Hashflare click on Prices. Click Bitcoin and choose Sha256. Here you can see the price per 10Gh. Depending on how much euro you want to spend, you can calculate how much Gh you will receive.
Keep in mind that the prices are in dollars. You, therefore, need to calculate this price for the price in euros.

To calculate how much you earn, go to the calculator and enter the number of Hash Rate (GH / s) you want to buy or have purchased on Hashflare. You see what you then earn per day or per month or per year. Do not forget to set Power Cost to 0 since you do not have power costs. At Hashflare you pay 1.50 dollars per 10 GH/s.

Through Hashflare, cryptocurrency mining becomes accessible to everyone. There is no need to buy expensive and complex installations, Hashflare wants to make mines accessible to all users around the world, regardless of age or background. Customers only need to select the desired hashpower and generate direct revenue with the Hashflare cloud mining service.

Profit with cloud mining becomes more predictable with Hashflare than in the past during traditional bitcoin hardware mining. The hash rate start from 10GH / s, so new customers do not have to invest a lot of money to join the cloud mining business.

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Unique features of Hashflare.io at a glance:

• It contains a qualified support team for support to its users.
• It offers extremely fast transactions compared to the other crypto-currency mining platforms.
• It contains a simple and easily usable work interface.
• It offers huge profit figures with a higher ROI.
• It is very transparent, safe and secure and is easily accessible.
• It has no options to check the history of recent payouts.
• It contains a special function that allows users to switch to different mining pools.
• It offers certain discounts and rewards to the experienced and experienced users.
• It only provides low and easily affordable costs for maintenance.
• It includes a two-way authentication method that prevents information hacking by third parties.

This, in turn, ensures the safety of the user account.

• It offers a smooth recording of payments.
• Users can follow the daily revenue, balance sheet data, mine pool allocation and overall profit figures via the graphical representation.
• It offers a referral bonus of around 10 percent through its unique referral program.

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Types of cloud mining associated with Hashflare:

Depending on the spending limit of each user, Hashflare offers a wide range of speculations. In addition to bitcoin mines Hashflare also offers the following mining techniques:

• Dash cloud mining,
• Ethereum cloud mining
• SHA - 256 cloud mining
• Scrypt cloud mining.

Payment options:
Hashflare offers direct payments through the following options:

• Bitcoin
• MasterCard
• Web money
• Visa
• Bank transfer
• Payoneer

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Conclusion

From the Hashflare cloud mining appraisal above, we have been able to distinguish that Hashflare is a very decent platform to carry out your mining. The simplicity and flexibility of mining from this platform have made its website very fashionable.

Partnering with Hashflare will fetch a number of goodies to you. Consider joining their team to profit from the partnership. Also, we have seen that calculating profits you take home on Hashflare mining is not complex at all.

The assets can be automatically received by the customers in their bitcoin wallets. They can also reinvest these assets to make a huge profit or profit.

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I hope this Hashflare review will be useful for you to make a smart decision. Hashflare is our recommendation and one of the best and recommended cloud mining providers.

I also hope this post provides some value for yourself and please feel free to use this as a resource to help answer questions and bring awareness to the project of Hashflare.

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Series:

This is the first post in the series of coin mining experiences, other posts to follow up with this article include the following;

• Invia World experiences
• Hashing24 experiences
• Bitcoinvest experiences
• Genesis Mining Experiences
• Crypto Gold experiences
• Bitclub Network experiences

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Image Sources:

https://theonlinetech.org/2017/12/19/risks-cloud-mining-bitcoin-hashflare/
https://bitmann.org/best-hashflare-cloud-mining-review/

Video Sources:

youtube.com/best way to invest with hashflare Tutorials

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Posted on Utopian.io - Rewarding Open Source Contributors

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