Hashflare.io Coupon – Bonus Code
There are a few ways to get a hold of cryptocurrencies; one of the most popular ways to get one is to mine the cryptocurrency that you want to. But due to the cost of maintaining hardware on top of electricity costs, people turn to websites such as HashFlare.io to pay for the services of cloud mining. Today, we will be looking into what this website can provide us.
How does it work?
As mentioned above, you pay your selected mining website, such as HashFlare.io to do the dirty work for you. This is called “Cloud Mining.” They get their cut for equipment maintenance and electricity cost then you get your share. Think of yourselves as investors, you provide money upfront and they do the rest. You just sit down, relax and wait for your next payout.
To pay a company to mine for you, a contract is needed. In a contract, you will find everything from the minimum hash rate power, maintenance fee, hardware information and contract lengths within a contract. For HashFlare.io, they offer five different contracts which are mentioned below:
- Bitcoin – Scrypt Cloud Mining
- Bitcoin – SHA-256 Cloud Mining
- Ethereum – Cloud Mining
- Zcash – Cloud Mining
- Dash – Cloud Mining
Prices start from $2.20 per 100 KH/s. You can also view all the listed prices here. All of the current contracts provided by HashFlare.io are all 1-Year contracts which made existing clients angry since their “Lifetime” contracts were changed without notice (HashFlare previously had a lifetime contract offered). There are postings regarding this issue here.
Aside from the fact that there are a lot of unhappy customers today that are ranting out the contracts that HashFlare.io provides, this still doesn’t undermine their legitimacy. Most of the time people make mistakes in investing with fake “Cloud Mining” websites, Hashflare isn’t one of those. Their contracts might have changed, but they still deliver. Is it all right to invest? Their contracts needed to be considered and compared to other companies out there today. At the end of the day, it is still your call.