HashFlare.io: let's explain what it is

HashFlare.io is a Cloud Mining platform which allows you to undermine the cryptocurrency Bitcoin and other Altcoins without hardware.

From the reviews and opinions of traders, Hashflare.io is one of the most reliable services on the market.

To understand how it works, it is essential to explain what it is.

What is the HashFlare.io Platform?

The HashFlare.io software is nothing more than a Cloud Mining Platform that allows users to rent thehashrate, or the power needed for undermine cryptocurrencies.

In order to use the cloud mining service without hardware, you need to purchase and sign a contract that is valid for 12 months.  

How does HashFlare.io work?

After purchasing the power, by payment by credit card or bank transfer, it is necessary to wait almost a day to start undermine the cryptocurrency desired.

Thanks to the screen monitoring, it is possible to monitor all mining returns every day.

Once a consistent quota has been reached, each user has the possibility to decide whether to reinvest it in the extraction activity of the cryptocurrency or transfer it to a E-Wallet or on a Electronic wallet where to store the digital asset to be used as a payment instrument.

For those who do not have an electronic wallet or an E-Wallet, HashFlare allows you to create an electronic wallet to deposit the crypted coins mined.

Hashflare.io: which cryptocurrencies undermine without hardware?

Thanks to the Hashflare.io platform it is possible to mine Bitcoin, Ethereum and other Altcoins without hardware.

Here is the complete list of minable cryptocurrencies thanks to the signing of an annual contract with Hashflare.io:

• Litecoin:

SCRYPT ALGORITHM MINER

Minimum Hash: 1 MH / s

Maintenance fee: 0,005 $ / 1 MH / s / 24h

Hardware: HashCoins SCRYPT

Automatic payment in BTC

1 contract year

• Bitcoin:

SHA-256 MINER ALGORITMO

Minimum Hash: 10 GH / s

Maintenance fee: 0,0035 $ / 10 GH / s / 24h

Hardware: HashCoins SHA-256

Automatic payment in BTC

1 contract year

• Ethereum:

ETHASH ALGORITHM

Minimum Hash: 100 KH / s

Maintenance costs: none

Hardware: GPU Rigs

Automatic payment in ETH

1 contract year

• Zcash:

EQUIHASH

Minimum Hash: 1 H / s

Maintenance costs: none

Hardware: GPU Rigs

Automatic payment in ZEC

1 contract year

• DASH

X11 ALGORITHM MINER

Minimum Hash: 1 MH / s

Maintenance costs: none

Hardware: multi-factor

Automatic payment in DASH

1 contract year

HashFlare.io: account registration

Once you understand the technical and functional characteristics of the Hahflare.io platform, proceed with online registration by filling in all the information for the creating your account.

Then in the main HashFlare Dashboard you will be able to perform all the operations related to the mining activity.

confirm the account, you must confirm the link delivered in the email address.

Once the account is confirmed, you can proceed with the authentication, by logging in the appropriate section at the top right of the screen.

Remember that you need to enter your email and password to access the Account dashboard.

To start mining cryptocurrency, you need to rent the power: just buy hashrates.

After selecting the cryptocurrency to be mined, you can rent power by signing a contract that has an annual validity.

Click on "Proceed" button, select the payment method to confirm the purchase: you can choose between Bitcoin payment, credit card or bank transfer.

It will take around 24 hours for the Hashflare.io data to be updated.

It takes a little patience before starting to mine cryptocurrency.

Proceed with selecting the pools to draw on the mines of the chosen digital currency.

How to calculate the estimated profit using the hashrate?

Profit consists of daily payments whose size depends on the hashrate.

calculate the estimated profit using the hashrate, you must include it in one of the following calculators (set all Power values ​​to zero):

1. Bitcoin - for SHA-256
2. Litecoin - for Scrypt
3. Ethereum - for ETHASH (set all Power values ​​to zero)
4. DASH - for X11 (set all power values ​​to zero)
5. Zcash - for EQUIHASH (set all Power values ​​to zero)

Subsequently, the maintenance fee + electricity of USD 0,0035 for 10 GH / s of SHA-256 and USD 0,005 for 1 MH / s of Scrypt must be deducted from the profit. The ETHASH, X11 and EQUIHASH contracts are not subject to any commission.

The sum obtained is yours estimated profit.