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Hashing24 review 2019
Hashing24, a cloud mining company, that focused on cryptocurrency mining. The company was founded in 2016 by a professionals team. However the hashing24 was first introduced in 2012 with the aim of giving users access to the new technologies and large-scale industrial data centers.
Above all, Hashing24 has offices in the UK, Thailand, and Ukraine. Office 29, Clifton House, Fitzwilliam Street Lower, Dublin 2, D02 XT91
+353 1 6917777
|platform:||(3.5 / 5)|
|Ice plan:||(3.5 / 5)|
|trust:||(2.5 / 5)|
|Average:||(3.2 / 5)|
More-so, they have data centers in Georgia and Iceland. The company have been trying it’s best to give user good mining tools.
The company recently became partner with Bitfury Group, a well known famous blockchain technology company. Above all hashing24 has invested in awareness which shows how reliable they are. Initially when we heard of this latest mining company, we thought that they are scam. This is because so many companies or review has described them as scam. The Hashing24 cloud-mining promise to allows everyone to mine Bitcoins with no knowledge. Henceforth, we will know how this works for them and if they will fufil this promise.
How hashing24 works
To start mining immediately with hashing24, you first need to open an account with them. Then purchase hashpower with a minimum deposit of $20. After this can now proceed to pay for your new contract. After that two first step they will process your order by sending it to bitfury. And you will start making money, which comes in withing 24hours. However you can withdraw your moaney immediately after receiving your income.
The available payment methods at hashing24 are your Bitcoin wallet, bank card, OK PAY payment system or bank transfer. As the company is growing, so their customers getting more opportunities. Currently every user can cancel their mining at any time. Therefore you are not suppose to feel pressured with some financial challenges.
hashing24 prices and plans
Just like every other mining firm, hashing24 provides customers with an income depending on the ordered power. The minimum contract to purchase is $20 per 100 GH/S. (GH/S is the hash power for obtaining Bitcoins). The more hash power, the more virtual money you will earn per day. The minimum amount for withdrawal is 0.001 BTC without any commission. Therefore, the more you deposit, the more often you will be able to withdraw the earned Bitcoins to your wallet.
The Hashing 24 resource provides its customers with an exclusive opportunity to purchase hash power, but this power is not combined into specific packages. It is bought in the amount necessary for the customer. As for the cost, every 100 GH/S costs the user $ 68.5, but the user will have to pay $ 0.00033 as a service charge every day from the profit in Bitcoins.
In addition to paying the rent, customers will have to pay a daily fee for maintenance of hardware and for electricity ($ 0.00033). If there is not enough money on the account for daily payment within three days, the contract will be canceled. A Demo Mining option is available on the website, with which you can try out different plans and understand the essential points of cloud mining without risking your own money.
Unlike other cloud mining services, Hashing24 offers unlimited contracts to invest in. This is a great offer to buying a cryptocurrency. Also, there are no set contracts on Hashing24. The customer selects himself the hashing power and the payment method and, therefore, the profitability of the plan.
hashing24com mining calculator
Let’s consider two sample plans. If you buy a hash power of 2,500 GH/S for $523.73, the daily fee will be $ 0.83. The daily profit is expected to be $ 1.40. The monthly profit after breakeven (374 days) will be $ 42.06. If you purchase 15,000 GH/s for $3,142.35, you will earn the monthly income of $ 252.35 after breakeven (374 days) with the daily fee of $ 4.95.
The profitability of investments of Hashing24 is about 150% per annum on average, but it is constantly changing because of the rising complexity of Bitcoin mining.
For Hashing24, BitFury is the only hash power supplier. The only supported algorithm is Scrypt. The platform allows every customer to purchase several hash power options at the same time. HashFlare uses HashCoins hardware and supports such algorithms as SHA-256, Scrypt, Ethash, X11, and Equinash.
In the process of our hashing24 review, we noticed that Harshing24 works with Bitcoins only. While other cloud mining company like IQ mining operates with Bitcoin, Litecoin, Zcash, Ethereum, and Dash.
Harshing24 offers minimum daily payouts of 0.001 BTC. The maintenance and electricity fees are $ 0.00033 per day. HashFlare makes minimum daily payouts of 0.0014 BTC, 0.0007 ETH, and 0.0004 DASH. The maintenance and electricity fees are as follows: $ 0.0035 per 10 GH/s for SHA-256; $ 0.01 per every 1 MH/s for Scrypt; $ 2.20 per 100 KH/s for Ethereum; and no maintenance fees for both Zcash and Dash.
Harshing24 offers lifetime contracts.HashFlare has Zcash, Ethereum, and Dash contracts for one year only and two-lifetime contracts for Scrypt and SHA-256. Both HashFlare and Hashing24 are reliable cloud-mining services. HashFlare offers more cryptos and algorithms to select, but judging by Bitcoins, both services are lucrative enough. The main advantage of Harshing24 is the presence of unlimited contracts and plans
How reliable is hashing24
Currently hashing24 is not on their own mining rigs, nor have all the equipment to mine However they work with a reputable company “bitfury”. It shows that they are a little bit secure, but we have not really score them 100%. Though they have proven to be more transparent with some features. Obviously the company is just trying to set up a reliable firm. By the features available and the system of operation, they don’t look like scam. Even though sometimes you might encounter issues with the company, but we believe it’s because, they are just trying to gain standard company.
Hashing24 review conclusion
Finally we believe to have carefully done hashing24 review. Thus we await feature update about the firm. You can report any scam from them by contacting Binaryoptionslord.com. More-so, you can contribute to this article by giving us your review bellow comment section.
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