Hashflare | The Cryptocurrency Cloud Mining Service

Mining

If you had been in Crypto for some month you might be already aware of mining. Mining is a process where new coins are generated by validating transaction on a network. Cloud mining is a service where you experience real time mining by buying mining contract. The company will setup your mining rig and perform all the operations. Mining is very risky and achieving a good ROI can be difficult.

HashFlare is a cloud mining company offering contracts in Bitcoin, Litecoin, ZCash, Etherum, DASH mining. The cost for a single Bitcoin mining contract is $0.80 at the time of post. Hashflare is one the oldest Bitcoin cloud mining company and is located in UK.

HashFlare states

“Our service makes mining Cryptocurrency accessible to everyone. No longer it is required to buy expensive equipment and waste your time on setting it up. Simply select the desired power and generate revenue!”

Features of Hashflare

  • Instant Withdrawals
  • You can view detailed Statistics
  • You can choose your own mining pool
  • Fixed fees for every contract
  • You can mine about five coins using the site

Cons 

  • High withdrawal threshold
  • You can eventually run in a loss
  • One year contract instead of lifetime

Kindly know that profits from mining usually depends on Bitcoin price and your profits can go down as Bitcoin mining Hashrate increases.


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