Hashflare Review

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7.8

Good

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Cryptocurrency mining is a profitable venture, but only with the state-of-the-art, powerful infrastructure capable of churning out massive amounts of hashpower. Cloud mining services make it possible for individuals to take part in the mining process profitably without worrying about the mining hardware, hashpower, electricity and cooling requirements. While there are plenty of cloud mining services out there, HashFlare stands apart from the rest in terms of cost, reliability and operational history.

HashFlare offers affordable cloud mining contracts for multiple cryptocurrencies while allowing users to connect to the mining pool of their choice, which shows that you are purchasing real mining power on Hashflare. The platform’s goal is to make mining profitable to all participants.

Company Background

HashFlare is a cryptocurrency cloud mining service offered by a team of experts in the industry. The people behind the platform have years of experience in mining cryptocurrencies and developing the hardware necessary for it. HashFlare is a service offered by a well-known Tallinn, Estonia-based mining equipment company HashCoins.

The company, HashCoins has been designing, developing and selling SHA-256 and Scrypt ASIC miners for over three years and they have also developed a web-based cryptocurrency wallet for Raspberry Pi devices. HashFlare utilizes this expertise to offer low-priced cloud mining contracts for Scrypt, SHA-256, Ethereum, ZCash and DASH cryptocurrencies.

 

Company Address

 

Hashcoins LLC

Tartu maantee 43,

10128, Tallinn

Tel: +372 58 738 066

Mail: info@hashcoins.com

 

HashFlare (Subsidiary of HashCoins)

info@hashflare.io

+44 131 564 0074

Tartu mnt 43

Tallinn 10128, Estonia

 

Value for Money

HashFlare’s cloud mining contract offerings are among some of the best ones in the market. In addition to its existing reputation, HashFlare values transparency of its operations. Details about the company’s data centers and their features are made available on its website. It takes transparency to the next level by allowing its customers to connect to the pools of their choice. In addition, all users are provided access to real-time mining data on their respective dashboards. The platform doesn’t have any hidden fees or commissions included into its pricing structure.

The pricing structure for HashFlare’s cloud mining contracts are as follows

 

Cryptocurrency Package Minimum Hashrate Price Maintenance Fee/day Contract Duration
Scrypt Algorithm Scrypt Cloud Mining 1 MH/s $13.50 per MH/s $0.01 per MH/s Lifetime
SHA-256 Algorithm SHA-256 Cloud Mining 10 GH/s $1.20 per 10 GH/s $0.0035 per 10 GH/s Lifetime
ETHASH Algorithm Ethereum Cloud Mining 100 KH/s $2.20 per 100 KH/s none 1 Year
EQUIHASH Algorithm ZCash Cloud Mining 0.1 H/s $2.00 per 0.1 H/s none 1 Year
X11 Algorithm DASH Cloud Mining 1 MH/s $5.80 per 1 MH/s none 1 Year

Customer Support

As an established cloud mining service provider, HashFlare ensures that all the customers’ queries are answered on time. The platform has most of the issues covered on its FAQs page, and it has included Zendesk integration on the website for direct interaction with the customer support team. Tickets raised are reviewed and resolved quickly by the platform.

 

Payouts and Payments

Both payouts and payments are hassle-free on HashFlare platform. Customers can make use of the instant withdrawal feature to withdraw their payouts. Users on Scrypt and SHA 256 contracts receive their payouts in Bitcoin whereas those opting for cryptocurrency specific packages — Ethereum, ZCash, and DASH will be paid in the respective cryptocurrencies. There are no specific minimum or maximum withdrawal limits, but the amount of each withdrawal should be more than the requisite miner/transaction fee (to be paid to the blockchain).

Customers can buy HashFlare’s cloud mining contracts through VISA and MasterCard credit/debit cards, Bitcoin, WebMoney and Wire Transfer.

 

Security

HashFlare takes the platform’s security seriously. The website makes use of COMODO SSL Certificate, and all user accounts come with an option to activate two-factor authentication. The platform urges its users to enable the 2FA option without fail to ensure the additional safety of their funds and any private information associated with the account.

 

Summary

HashFlare has presented itself as a reliable cloud mining service provider with in-depth knowledge of the industry, state-of-the-art infrastructure and affordable plans. The platform’s transparency and operational history make it a trustworthy cloud mining service provider in the cryptocurrency market.

Disclaimer: CloudMiningReport does not provide any warranties towards the accuracy of the statements in the above review. It is your responsibility to conduct your own due diligence of the platform before investing in it. It is advisable not to invest more than you can afford to lose on any cloud mining platform.

7.8

Good

Company Background - 8
Value For Money - 7
Customer Support - 6
Payout Processing - 9
Security - 9

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