HashFlare income forecast: what is the approximate profit?

Hashflare Revenue Forecast: How to Predict it Right

Cloud mining gives everyone an opportunity to earn cryptocurrency (Bitcoin, Litecoin and other altcoins) without special technical knowledge and serious investments in special equipment and its services.

Hashflare cloud mining service is a part of HashCoins company, which specializes in manufacturing equipment and software development for cryptocurrency mining.

Hashflare Cloud Mining offers:

  • advantageous prices for rental capacities;
  • user-friendly interface;
  • access to full statistics of the account;
  • quick beginning of the work and daily earnings payouts;
  • the ability to distribute the hashrate over the pools independently;
  • effective customer support;
  • profitable promotions and the opportunity to use promo codes;
  • a special calculator to make your hashflare revenue forecast.

To date, Hashflare is implementing cloud mining of 5 cryptocurrencies: Litecoin, Bitcoin, Ethereum, Zcash and Dash. Initially, the mining was carried out using two algorithms — SHA-256 for Bitcoin and Scrypt for Litecoin, but over time, the service added capacities and expanded the infrastructure for the mining of other cryptocurrencies.

Hashflare capacities are located in a data center that meets security requirements and is serviced by professional personnel. In the room of the data center, the temperature and humidity of the air are maintained on the level necessary for the operation of the equipment. The equipment that uses this service is produced specifically for the mining of cryptocurrency, which allows customers to get the maximum profit.

Hashfare Contracts and Their Profitability Prediction

To start earning on Hashflare cloud mining, you need to select a tariff and purchase a hashrate. A day after payment of the contract, the client receives the first payment of rewards. To gain more profit and extend the contract, part of the received payments can be reinvested using the reinvest tool. To reduce risks of profit loss at fluctuations of cryptocurrencies courses it is possible to buy various capacities for mining of different currencies. Also, the miner can manage the profitability by distributing capacity across different pools.

Using the calculator tool the user can see the current hashflare forecast for the day, week, month or year for chosen capacity. The profitability of cloud mining for each contract depends on the complexity of mining, as well as the cryptocurrency rate.

In 2018 Hashflare profitability and payback of cloud mining under the contracts are as follows:

  1. SHA-256 for mining Bitcoins. This is one of the most favorable tariffs in the market with a minimum input threshold. Its cost is only $0.8 for 10 GH/s. The service charge is — $0.0035/10 GH/s/24h. There are automatic payouts in BTC. The contract is signed up for 1 year for mining on HashCoins SHA-256 equipment. Hashflare prediction for mining by the SHA-256 algorithm is about 120-150% return on investment annually. Thus, by investing $100 in this contract, your expected profit will be $120-150 in a year, depending on the complexity of the mining and the Bitcoin rate.
  2. Scrypt for mining Litecoins. Its cost is $1.8 for 1 MH/s. The standard contract is for one year for mining HashCoins Scrypt equipment. Earnings accrue automatically to BTC. The service charge is equal to $0.005/1 MH/s/24h. At this tariff profitability is predicted at the level of 105-120% on your investments, and the payback will be 8-9 months.
  3. Ethash for mining Ethereum. The price for the tariff is $1.8 per 100 KH/s. There are no maintenance fees, but the contract is limited to 1 year. Payouts are automatic, in ETH currency. Equipment for mining is GPU Rigs. Hashflare revenue forecast for this tariff is 90-120%. With this level of profitability, investments in cloud mining will be paid off within 9-12 months.
  4. Equihash for mining Zcash. The cost is $1.4 for 1 H/s. There are no service fees, the validity period of the tariff is 1 year on GPU Rigs equipment. Payments are accrued automatically in the ZEC cryptocurrency. The profitability of mining at the rate of Equihash is forecasted at the level of 110%.
  5. X11 for mining Dash. The cost is $3.20 per 1 MH/s. It is bought for one year, there is no monthly fee for using Multi-Factor equipment. Earnings are paid automatically, in the Dash cryptocurrency. Hashflare prediction of the income of the X11 mining is also 110%.

Conclusion

It should be said that Hashflare is one of the best services for cloud mining, which is recommended for use by all comers. Customers can appreciate the low prices for capacity, stable remuneration payments, wide functionality and convenient personal office. The average profitability of Hashflare services is predicted about 120% per year and reviews of users say that the figure is approximately truthful. However, it should be noted that the situation on the market may change, depending on the cryptocurrencies rates and complexity of mining.

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