Hashflare review in 2021

Hashflare is one of the most successful software developers for the profitable cryptocurrency mining. This platform is the new choice of cloud mining services issued by the Hash Coins squad of professionals. The platform is entirely legit and trustworthy, which has been proved for many times by numerous independent math audit companies.

Hashflare aims to make cloud cryptocurrency mining available to everyone despite the geographical location, age, gender, investment, and experience. The company allows everyone to get extra income almost effortlessly.

Hashflare has already made all earnings with cloud mining predictable and transparent. You can safely invest your money in Hashflare and pocket real profit. It is really an exclusive option to mine with a low entry price with a minimal risk. The model Hashflare offers is absolutely opposite to plenty of conventional mining types that involve maintenance, procurement, and configuration of extremely focused hardware.

Hashflare allows mining the following cryptocurrencies:

  • Bitcoins can be mined with SHA-256;
  • Litecoins can be mined with Scrypt;
  • Ethereum can be mined with ETHASH;
  • DASH can be mined with X11.

The contract duration

  • SCRYPT and SHA-256 contracts last for 365 days. These deals are subject to maintenance and electricity fees;
  • DASH, EQUIHASH, ETHASH contracts last 365 days. These deals are not subject to charges.

Hashflare pricing and fees

All Hashflare pricing system is transparent. All of them are available in the table below:

SCRYPT CLOUD MINING
$7.50 per 1 MH/s
SCRYPT ALGORITHM MINER
Minimum Hashrate: 1 MH/s
Maintenance fee: 0.005$ / 1 MH/s / 24h
Hardware: HashCoins SCRYPT
Automatic payout in BTC
In Stock
1 year contract
SHA-256 CLOUD MINING
$1.50 per 10 GH/s
SHA-256 ALGORITHM MINER
Minimum Hashrate: 10 GH/s
Maintenance fee: 0.0035$ / 10 GH/s / 24h
Hardware: HashCoins SHA-256
Automatic payout in BTC
In Stock
1 year contract
ETHEREUM CLOUD MINING
$2.20 per 100 KH/s
ETHASH ALGORITHM MINER
Minimum Hashrate: 100 KH/s
Maintenance fee: NONE
Hardware: GPU Rigs
Automatic payout in ETH
1 year contract
ZCASH CLOUD MINING
$2.00 per 1 H/s
EQUIHASH ALGORITHM MINER
Minimum Hashrate: 1 H/s
Maintenance fee: NONE
Hardware: GPU Rigs
Automatic payout in ZEC
1 year contract
DASH CLOUD MINING
$3.20 per 1 MH/s
X11 ALGORITHM MINER
Minimum Hashrate: 1 MH/s
Maintenance fee: NONE
Hardware: Multi-Factor
Automatic payout in DASH
1 year contract

Maintenance and electricity fees

There are also specific maintenance and electricity fees, which you should be aware of. The whole mining process needs specific consumption of energy resources for the continuation. To cover the fees, all Hashflare clients should pay maintenance and electricity fees, the amount of which depends on both hashrate and the type of the chosen contract.

The maintenance and electricity fees are linear. They daily equal $0.0035 for each 10 GH/s of SHA-256 and $0.005 for every 1 MH/s of Scrypt. The fees are always deducted from your current balance of every day payouts. Please also keep in mind that all payments are deducted in bitcoin according to the existing USD/BTC exchange rate.

Hashflare profit calculating

Every platform`s client needs a clear understanding of how to calculate expected profit using hashrate. Your income always consists of every day payouts. Their amount depends on the hashrate. To calculate your expected profit, just include it in one of the calculators below.

  • SHA-256 – for bitcoin;
  • Scrypt – for litecoin;
  • ETHASH – for ethereum;
  • X11 – for dash;
  • EQUIHASH – for zcash.

Then you should deduct from the income the maintenance plus electricity fee of $0.0035 for each 10 GH/s of SHA-256 and $0.005 for every 1 MH/s of Scrypt. Please note that X11, ETHASH, and EQUIHASH contracts are never the subject to fees.

The end up sum will be your expected profit.

Hashflare payouts

Hashflare offers hassle-free payouts. The service provides neither minimum nor maximum withdrawal limit.

Withdrawals: currencies and commission fees

Hashflare offers the following fees for withdrawals. Please note that you are required to add a suitable wallet to the system to withdraw funds. All given figures include commission fees.

All withdrawals for Scrypt and SHA-256 contracts can be made only in bitcoin;

  • 0106 BTC is the minimum BTC withdrawal sum;
  • All ETHASH contracts can be withdrawn only in Ethereum;
  • 1006 ETH is the minimum Ethereum withdrawal sum;
  • All X11 agreements can be withdrawn only in DASH;
  • 1003 DASH is the minimum X11 withdrawal sum.

You can buy any of Hashflare`s contracts using:

  • MasterCard or Visa cards;
  • WebMoney;
  • Bitcoin;
  • Wire Transfer.

Security of the platform

Hashflare perfectly realizes that security on the Web is a severe issue. Therefore, the company`s site uses the state-of-the-art Secure Socket Layer encryption issued by COMODO. It guarantees that neither your financial nor personal information will go to third parties. Additionally, all clients` accounts can be protected with 2-factor authentication (extra security measure). Except for your password, you will be offered to enter a unique security code. It is generated by an independent mobile app (Google Authenticator, Authy, or Microsoft Authenticator). Two-factor authentication can be easily enabled in the “Settings” section of your account.

Customer support

Hashflare cares about its customers` convenience very much. In case you have any questions concerning the platform`s work, or cloud cryptocurrency mining, their friendly team is always ready to help you. You can visit the company`s office in Tallinn (Estonia), as well as use Skype and telephone support. Alternatively, you can use the ticket system to send a question. Support specialists will give you an answer within an hour.

Advantages and disadvantages of Hashflare

Pros:

  • The best pick for BTC and LTC cloud mining of all similar services;
  • The service is supported by Hash Coins, a renowned Estonia-based mining equipment company;
  • High-tech infrastructure;
  • Affordable contracts;
  • Immediate payouts;
  • Instant withdrawals;
  • Instant connect;
  • Rewarding partner program
  • Boundless length of contract;
  • Comprehensive statistics;
  • Pool allocation;
  • Neither hidden commissions nor fees in the pricing structure.

Cons:

  • Certain maintenance fees for bitcoin and litecoin
  • No complete transparency
  • Wire transfers may imply some commission fee

Conclusion

Without exception, all types of cryptocurrencies keep on increasing its market value every minute. Dozens of governments worldwide have already started to rely on bitcoin, litecoin, ethereum, and other digital currencies, including them in a valid financial circuit on an equal basis with other currencies. In this occasion, Hashflare has turned into one of the most reliable and legit platforms for the profitable cryptocurrency mining. The platform has already made cryptocurrency mining available to every person. To become wealthy and independent – just keep up with the times. You do remember the golden rule of investment, don’t you? Never invest more than you can afford to lose!