Hashflare Review

If you don know what Hashflare is, it is an cloud mining company. It works by you buy contracts for them at a specific cost, length (all hashflare contracts are 1 year), and maintenance fee and then they mine everything and give the earnings after their maintenance fee to you. Hashflare is a great service but there is one thing that needs to be answered, can it give you an profit? The first thing we need to check to answer this question is maintenance fee since it can take out your earnings quite a bit. The fee is in dollars and that is why so many people made a profit in December when bitcoin was up and the fee in bitcoin was low. But now with bitcoin price quite low (but regaining!) , make sure you wait for their discounts that happen almost every week and check the profitability on an mining calculator to make sure you aren't losing money. Other than that, go mine! After you get started, I recommend joining their Reddit to stay on top of all the news and to be able to talk with the Hashflare community. UPDATE: (4-19-2018) Hashflare has recently improved its prices to $0.60 per 10 gigahashes. I would strongly recommend to buy at this price because it will give you a nice 40 cent profit with today's bitcoin price and difficulty. Always before buying, check if it is profitable with an mining calculator and wait until a discount for maximum profit.

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