Best Bitcoin Mining Comparison. Hashflare vs Genesis Mining
Bitcoin Cloud Mining Comparison List. Top Cloud Mining Contracts Reviewed

Hashflare.io Review

Hashflare.io

Hashflare.io
9.3

Cost

9.9/10

Reliability

9.9/10

Support

8.0/10

Pros

  • Immediate payouts if hashpower is purchased from bitcoin
  • Unlimited contract length
  • Partner program

Cons

  • Maintenance fees for litecoin and bitcoin
  • In case of wire transfers they charge a commission fee
  • Short FAQ section

About Hashflare.io

Address

Hashflare, Tartu mnt 43, Tallinn 10128, Estonia

Coins:

bitcoin, litecoin, ethereum, zcash, dash

Hashflare turns cryptocurrency mining accessible to everyone. There is no need to buy expensive and complex mining equipment, Hashflare wants to make mining accessible for all users around the globe no matter of age or background. The clients only need to select a desired hashpower and start generating revenue right away with the Hashflare cloud mining service. Earnings with cloud mining becomes more predictable with Hashflare than it used to be during traditional bitcoin hardware mining. The hashrates starts from as little as 10GH/s, so new clients does not need to invest a lot of funds to join the cloud mining business.

Services Provided

Scrypt, SHA256, Ethash, Equihash and X11 algorithms are all running on the GPU equipment provided by Hashcoin. The contracts are all available from 24 hours contract time up until lifetime accesses, except for Ethereum and Zcash where the length of the contract is maximized in 1 year.

Instant payouts at HashflareThe cloud mining results at Hashflare show up on the client accounts immediately after payment confirmation and the client receives the first payout just 24 hours after the first block mined. Clients can choose the withdrawal methods from bitcoin, credit cards and wire transfers.

The Hashflare mining contracts can be signed from one day up to unlimited time. Clients may use Hashflare services as long as they wish to do, there is no time limit applied. Users allocate their hashpower directly to the mining pool they wish to serve in.

At Hashflare, users can join any mining pool they with to do, so the most profitable combination of cloud mining activity can be reached for any client. Then the mined cryptocurrencies are distributed among the Hashflare customers based on their share they bought at the company (PPS method).

Online statistics available at HashflareAt registration, Hashflare asks for the country of residence and for the date of birth as well beside the usual user name and password. This information is only used in case of security questions asked if they think the account has been compromised.

Hashflare also provides detailed, real-time statistics about the mining activity.

They are running a partner program, where the clients can earn up to 10% commission on each purchase of the recommended new user makes.

Fees and Pricing Schedule

As Hashflare provides cloud mining for 5 different algorithms, the pricing is tailored to each cryptocurrency individually. Users may start cloud mining as little investment as $1.20.

The fees are based on hashpower and also they apply certain maintenance fee also based on the supplied hashpower during a 24 hour window. Maintenance fees are only applicable for Scrypt and SHA256 mining, users mining Ethereum, Zcash or Dash cryptos does not pay any maintenance fee at all. Although on the other hand, these later three currency contracts are only avaliable for 1 year term. Zcash cloud mining has only limited supply at the moment as they only maintain the mining activity until it is profitable for the users.

Cloud mining prices are expressed in the form of minimum hashpower provided:

  • Bitcoin with SHA256 algorithm costs $1.20 per 10 GH/s,
  • Litecoin with Scrypt algorithm costs $8.20 per 1 MH/s,
  • Ethereum with Ethash algorithm costs $2.20 per 100 KH/s,
  • Zcash with equihash algorithm costs $2.00 per 0.1H/s,
  • Dash with X11 algorithm costs $3.20 per 1MH/s.

Hashflare partner program earns up to 10% per recommended new clientHashflare charges a maintenances fee of $0.01 for 1MH/s litecoin hashpower and $0.004 for 10 GH/s bitcoin hashpower daily, after each 24 hour long mining period. These maintenance fees are not billed to the customers, but deducted directly from the mining results at daily payouts. The fees are deducted in bitcoin based on the daily BTC/USD exchange rate provided by Hashflare.

The cloud mining company accepts wire transfers in USD and EUR, although they charge an extra 10 EUR commission fee on all purchases below 50 EUR. VISA and Mastercard are also accepted payment methods but they apply a 3000 USD limit per daily purchases for these. Due to customer protection, on the accounts where the hashpower is purchased with credit cards, there is a 14 day holding period, when the accumulated mined currencies cannot be withdrawn from the account. The immediate payouts are appearing on those accounts where the hashpowers are purchased from bitcoin.

Hashflare only allows withdrawals beyond the minimum set for bitcoin at 0.0004BTC and for ethereum at 0.0007ETH. At withdrawals they only charge the transfer fee to the blockchain that is 0.0003 BTC and 0.0006 ETH respectively paid to blockchain.

Bitcoin cloud mining at Hashflare

Hashflare.io User Experience

Hashflare.io has a space themed website where it is easy to navigate. The landing page provides all the necessary information for the cloud mining service they offer.

Clients like the user friendly interface and the low initial cost of the cloud mining that Hashflare provides. Although sometime issues arise, according to the user feedback the support team handles all problems quickly and diligently. The Helpdesk is operated through Zendesk platform, so they make sure all issues are taken care of.  The FAQ section does not have too many prewritten questions, but includes the most frequent ones and also has a search functionality so users can find solutions quicker.

Hashflare care about security. For DDOS protection they are using CloudFlare services and they also recommend for users to use two factor authentication. The website is available in 11 different languages, beside English, Russian, German and Portuguese, the Greek, Turkish, Japanese, Chinese customers can read the pages on their mother tongue.

Hashflare platform

Overall Conclusion

Hashflare has a very strong hardware background with the cloudminers supplied by HashCoin. They offer cloud mining for five different cryptocurrencies. The contracts last as long as the mining activity – after the maintenances fees charged – is profitable for both bitcoin and litecoin. Hashflare is a good cloud mining choice for those who want to try crypotcurrency mining but doesn’t want to invest too much money upfront as their minimum plan is starting from $1.20. Due to their fee structure however cloud mining on a big scale at Hashflare can become very expensive.

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Hashflare Affiliate
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Reddit
  • Hashflare Referral Codes Megathread


    Post your referral code here! This is the only thread that will allow referral links/codes. Most users are already registered (and therefore the links are useless), but when we have new users who are still on the fence about joining that come to find info, they may want to give back to the community by using one of our links.

    Please note:

    1. A referral code/link is ONLY valid for new accounts.
    2. Once an account is is registered with a referral code it cannot be changed.
    3. All purchases on that account will reward their initial referrer.
    4. It is against Hashflare's policy to create more than one account.
    5. Any posts claiming to reward you for using their referral code should be reported and will be removed.

    Feel free to give additional info or reasons for someone using your code over others, but refrain from promising monetary incentives.

    submitted by /u/deevlo
    [link] [comments]
  • Enjoy the hilarity


    Hey guys, HashFlareNewHire (Boris) here to remind you all to enjoy the hilarity of this subreddit where every post has the same comment history!

    For every post, get ready for literally the same 5 or so standard negative archetypes to spout literally the same thing and circle jerk each other with upvotes:))))))

    Common shit and unproductive responses may include:

    • Broken english to the point of irony
    • 1 day old account - so anything you type is shit
    • Excessive use of CAPS to emphasize the a common word- which can be found in every post in a user's history
    • Telling others to check out a poster's username (100% chance you just looked or scrolled back up)
    • Everyone is Boris
    • Not understanding what a contract is or how market movement is independent of this service
    • Losing money in an investment => the investment is a SCAM

    ...At times like this, don't forget that there is a standard bell curve distribution for intelligence in society. Meaning - there must be a population that fall 3 standard deviations away from the mean. Now it depends on how far left they are which will determine if they become self-aware of this fact. I've been enjoying observing good examples of the theory where the further left or right you fall, your perception of yourself may actually wrap to the other side...

    It's all in jest guys, it ain't worth raising your blood pressure over this

    With love,

    --Boris <3

    submitted by /u/HashFlareNewHire
    [link] [comments]
  • Hashflare Fee more than Payout?


    For the last couple of days, the maintenance fee has been more than my payout which (I suppose) is taking money from my account. I am using BW pool. Is anyone else having this problem? I have invested a small amount of 0.04 terahashes so I don't care if it disapears.

    submitted by /u/davidhaw
    [link] [comments]
  • I Got Refund Scammed So You Don't Have To


    Before you say anything... I know this was a waste of money and I'll probably look back and kick myself. Either way, now you know. The TL;DR: The HashFlare Support Facebook page is a scam.

    All of us are frustrated by Hashflare not being profitable anymore. I thankfully just barely hit my ROI and got back the same amount of BTC I had put in. Of course that's nowhere near the USD value but that's not on Hashflare. I had about .05 BTC in my Hashflare leftover that I just withdrew and decided to give this a try for the hell of it. On April 29th the "Hashflare Support" Facebook page made a post about refunding your account. It sounded fishy and soon after they removed the post. However, after Hashflare no longer became profitable, they posted the refund process again. Essentially, the steps were:

    • Request for an address from them
    • Pay a "priority refund fee" of either .03 or .05 BTC
    • Provide the TxID of payment and email linked to hashflare
    • Once payment was verified, they would send an email to process the refund

    Of course this screams out scam. Yet after a lot of searching online, I couldn't find anything that disproved it. I'm hoping others who get tempted to refund their account will find this post and not give any money. I have captured the dialogue with "Hashflare Support" in these images: https://imgur.com/a/AeIMSMA

    I was expecting them to go dark on me after I sent the BTC. It's even more comical than that. Here's the final message:
    "Sorry to tell you that but we are not HashFlare We are a big organisation and we help poor kids in africa Your small fees payment will be used to help poor kids in africa, to give them homes and food Be proud of that you helped them and not not all your oney were gived to scammers of hashflare HashFlare is scam. Do not trust them"

    :) now you know for sure.

    submitted by /u/dabbs2
    [link] [comments]
  • Just Remember


    There's a positive here. Crypto Nick and his HF contract.

    submitted by /u/foxrih
    [link] [comments]
Hashflare Affiliate
 
 

HashFlare  Affiliate Program

Url: https://hashflare.io/partners/

How to contact: info@hashflare.io

What is it? HashFlare.io offers cryptocurrency cloud mining services on modern, high-efficiency equipment.

Category: Mining

Affiliate payout in Bitcoin? YES

Which non-Bitcoin payout methods do they support? VISA,MASTERCARD,WEBMONEY

Revenue Share Percentage: 10%

One Time Commission: NO

Lifetime Revenue Share: 10%

Affiliate Referal Commission: no information

Additional Program Info: 100% anonymity guaranteed for everyone.

Supported Crypto-Coins: Bitcoin

US Users / Players allowed? YES

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