- 1 Hashflare
- 2 How does Hashflare operate?
- 3 The Hashflare mining customer support
- 4 Payments and commission
- 5 Benefits of using Hashflare cloud mining service
- 6 Cons of using Hashflare mining service
- 7 The final take
Hashflare is one of the latest cloud mining services offered by HashCoin team of experts. The cloud mining team was involved from the early years of Bitcoin and, therefore, understands how to optimize the returns for their clients easily. The main objective of forming Hashflare was to create a pathway for all people irrespective of their location, age, or career to join and mine profitably.
On a bigger scale, the Hashflare team targeted helping develop the mining services and taking the blockchain technology to another level. This means ensuring people understand cryptocurrencies better and are adrift towards blockchain technology. This is only possible when everybody appreciates that the future is blockchain.
How does Hashflare operate?
The Hashflare cloud mining model
To appreciate how Hashflare works, it is important to differentiate between Cloud mining and Hosted mining. The Cloud mining services from Hashflare are lifetime in nature. This means they do not have an expiry date after a client picks a contract and a specific plan. However, the hosted mining ends after 1 yea/12 months from the date of signing the contract.
The company uses a lovely user interface that targets making the entire mining process easy, engaging, and fun. Besides, all the features have been tested carefully and speed optimized to guarantee users of better user experience. The company uses the latest mining hardware and data centers to ensure that all miners can optimize their activities 24 hours and 7 days every week. Note that the mining service is also available in different languages to take the services to all the people.
Getting started at Hashflare
Getting started at Hashflare is very easy. It only takes three simple steps. After signing up for an account, the next step is identifying the right contract. Unlike other companies that offer hosted mining, the contracts at Hashflare are offered for a lifetime. You enter into the contract today and can expect to continue reaping for very many years to come.
The second step is picking the preferred mining pool. Hashflare gives miners access to multiple mining pools that give different combinations and profitability. Here, it is up to you to select the most profitable mining pool for optimal returns.
The last step is picking the preferred hashing power. The company distributes the cryptocurrency mined in its system based on individual hashpower. This means that the higher your hashpower is, the more the anticipated profits. As you join Hashflare, it is important to get this whole picture when picking the mining pool.
The Hashflare mining customer support
Hashflare has won the affection of many people because of their commitment to customer values. While other tip crypto mining services opt to keep their operations as secret as possible, Hashflare is a completely different company altogether. They have multiple communication lines to ensure that any issue is resolved fast and professionally.
You can use their social media lines to have any issue resolved fast. In many cases, the online community will even be there to help you resolve most of the issues. Miners can also send direct email requests to the company or call directly for urgent issues.
Payments and commission
To make it simpler for more people to mine Bitcoins at Hashflare, the management team has created an easy model of payment. Once you have picked the preferred mining plan, paying for it is very easy using a credit card. Because getting credit cards is very easy, it means that anyone can start mining immediately. The only issue with this method of payment is that your payout will remain locked for the subsequent 14 days.
The company has a very elaborate bonus system. It provides a 10% referral bonus for every person you refer and joins the network. If you have a large site that can help funnel a bigger number to start mining, the company is willing to provide a special discount. This is a great way to expand the earnings for users who want to earn more.
Benefits of using Hashflare cloud mining service
- The company has a clutter-free and easy to use dashboard. By keeping away unnecessary ads, miners can concentrate on the main task and increase their profitability.
- The company is run in a very open manner. In fact, it is the only company that has gone completely open about its location, operational team, and other details of operations.
- They help miners identify the most profitable mining pools to optimize return on investment. Whether you are new or a veteran miner, this is a great place to start and get assurance for higher returns.
- Their payments are very consistent. By working with experts who understand the cryptocurrency world very well, the service manages to net very high returns and pass them to miners on a regular basis.
- Their systems are consistently upgraded to match the shifting mining difficulties for miners. This means that no matter the performance of the target crypto coins, payouts are guaranteed for the long term.
Cons of using Hashflare mining service
Just like other cloud mining services, the ultimate control of the entire activity is in the Hashflare and not individual miners. Therefore, some people tend to feel passive about the whole mining process.
While it is no doubt that the mining service helps to make the entire mining enterprise easy and fun, the reality is that profits are shared. If you were mining individually without the service, all the profit would end up on your desk. But these demerits should be considered together with the need for the expensive hardware.
The final take
Mining cryptocurrencies have become very tricky these days. Unlike in the past when most people could make a lot by simply using their standard computers, one can only be sure of significant results by generating a lot of hashpower. Hashflare has created an ideal environment for generating this hashpower and directing it to the most profitable cryptocurrencies.
The ease of the service’s use, sustainable returns, and trust gained over time has made it one of the ideal services out there. Do not hesitate to join and optimize your investment.