Build your passive income ! Come in Crypto world ! Join Hashflare Cloud Mining !

Hashflare is a cloud mining company that is a part of Hashcoins. Hashcoin is an ASIC manufacturer. Hashflare started in April 2015 and operates with in EU, from Tallinn. Cloud mining means they sell mining hardware and also they run it for you. You pay maintenance and electricity. Hashflare is among the largest and most popular cloud mining companies.

WHAT IS CLOUD MINING?

Cloud (or remote) mining – is the process of using hardware power to mine cryptocurrency (such as Bitcoin or Litecoin) remotely. This mining model came to existence due to the fact that the increasing difficulty of mining has made it unprofitable for mining enthusiasts to mine Bitcoins at home.

Cloud mining gives people a unique opportunity to begin mining cryptocurrency without the need for a large initial investment in hardware or technical knowledge. Despite the simplicity of the cloud mining model, it is worth elaborating on a few details, specifically it’s important to highlight that remote mining comes in two forms: hosted or cloud based mining.

REMOTE HOSTED MINING

The first form of remote mining is remote hosting. This model suits users with a high level mining experience and know-how and who require a high degree of control over their mining hardware. Under this model, the mining hardware is hosted in a remote datacentre and the user assumes full control over the setup and configuration of the mining hardware. Under this model, the miner pays a fee to the hosting company that would cover maintenance and electricity costs. This helps the miner handle the risks associated with maintenance of the kit as well as any risks with the shipment of the hardware. On the other hand, it presents the miner with risk on the initial hardware investment and requires much more time and technical knowledge to implement successfully.

It can therefore be summarised that the benefits of remote hosted mining are tight control over the mining process, maintenance support and subsequent ownership of the hardware. The big drawbacks are risks associated with the procurement of expensive hardware and the very high cost of entry, both in terms of investment and technical experience.

CLOUD MINING

The second, and more accessible model of remote mining is Cloud Mining, whereby a miner purchases a part of the mining power of hardware hosted and owned by a Cloud Mining services provider. The service provider takes on configuring the hardware, maintaining uptime and selecting the most efficient and reliable pools.

This option provides a range of benefits: instant connection (meaning no hardware shipment wait times and delivery risks), fixed maintenance and electricity fees and no nuisances associated with mining at home such as noise, heat or space. Another key point is that this model of cloud mining requires no technical experience. Obviously, it’s very important that miners understand the mining process, however this model doesn’t require hardware expertise or significant configuration / implementation cost. Since customers can purchase any amount of mining power they wish, this means that the level of investment will depend only on the miners’ ambition. This means that the cost of entry and subsequent risk is far lower than in comparison with the remotely hosted model.

Cloud mining is greatly suited for novice miners who would like to try out mining and earning cryptocurrency as well as seasoned miners who don’t want the hassle or risks of hosted or home-based mining.

HOW IT WORKS?

1.Hardware

Miner is a highly efficient piece of mining equipment specially designed for cryptocurrency mining. Their datacenters house hundreds of miners.

2.POOLS

Miners are connected to pools. There are many pools so HashFlare allows you to connect to ones you choose. This allows you to find the most profitable combinantion.

3.PAYOUT

Next, all mined cryptocurrency is distributed among all customers of HashFlare depending on their share of hashrate in the whole system.

Here you can see my last investment and earnings with hashflare 

 https://www.youtube.com/watch?v=3QozBqS_hEE&t=3s 

(3000$ last investment) 7000$ Total investment !

And here you can join my Team 

 https://hashflare.io/r/5AB8023D