Mine your own Crypto Currency with Hashflare
Hashflare turns cryptocurrency mining accessible to everyone. There is no need to buy expensive and complex mining equipment, Hashflare wants to make mining accessible for all users around the globe no matter of age or background. The clients only need to select a desired hashpower and start generating revenue right away with the Hashflare cloud mining service. Earnings with cloud mining becomes more predictable with Hashflare than it used to be during traditional bitcoin hardware mining. The hashrates starts from as little as 10GH/s, so new clients does not need to invest a lot of funds to join the cloud mining business.
The Estonian Hashflare is has been founded in 2014 in Tallinn and providing cloud mining services since the beginning of 2015. The technology behind is powered by the HashCoin team that is dealing with blockchain solutions and hardware since 2013. They have been producing ten thousands ASIC miner devices for mining bitcoin, litecoin and other digital currencies. Hashflare partnering with HashCoins ensures continuously developing new mining hardware that is up to date with the newest blockchain technology. The innovations are financed from the companys own share capital, but they also have special investors who provide additional funding to the startup.
The founders of the company are two Estonian digital entrepreneur. Ivan Turygin has a Business Administration degree and has several years experience in cryptocurrencies. Beside running Hashflare and HashCoins he is also the founder and CEO of Burfa Capital, an Estonia based consultation agency. The other founder of Hashflare is Sergei Potapenko also has a Bachelors degree in Business Administration from the Tallinna Technical College. Beside Hashflare he is owning a company with a much different profile: Siberian Timber, that is importing redwood pine for the UK market.
The Hashflare miners are located in a hi-tech, modern facility, where the room temperature and moisture is constantly monitored according to industry standards. This ensures maximum hashpower capacity without the danger of overheat.
bitcoin, litecoin, ethereum, zcash, dash
Scrypt, SHA256, Ethash, Equihash and X11 algorithms are all running on the GPU equipment provided by Hashcoin. The contracts are all available from 24 hours contract time up until lifetime accesses, except for Ethereum and Zcash where the length of the contract is maximized in 1 year.
The cloud mining results at Hashflare show up on the client accounts immediately after payment confirmation and the client receives the first payout just 24 hours after the first block mined. Clients can choose the withdrawal methods from bitcoin, credit cards and wire transfers.
The Hashflare mining contracts can be signed from one day up to unlimited time. Clients may use Hashflare services as long as they wish to do, there is no time limit applied. Users allocate their hashpower directly to the mining pool they wish to serve in.
At Hashflare, users can join any mining pool they with to do, so the most profitable combination of cloud mining activity can be reached for any client. Then the mined cryptocurrencies are distributed among the Hashflare customers based on their share they bought at the company (PPS method).
At registration, Hashflare asks for the country of residence and for the date of birth as well beside the usual user name and password. This information is only used in case of security questions asked if they think the account has been compromised.
Hashflare also provides detailed, real-time statistics about the mining activity.
They are running a partner program, where the clients can earn up to 10% commission on each purchase of the recommended new user makes.
Fees and Pricing Schedule
As Hashflare provides cloud mining for 5 different algorithms, the pricing is tailored to each cryptocurrency individually. Users may start cloud mining as little investment as $1.20.
The fees are based on hashpower and also they apply certain maintenance fee also based on the supplied hashpower during a 24 hour window. Maintenance fees are only applicable for Scrypt and SHA256 mining, users mining Ethereum, Zcash or Dash cryptos does not pay any maintenance fee at all. Although on the other hand, these later three currency contracts are only avaliable for 1 year term. Zcash cloud mining has only limited supply at the moment as they only maintain the mining activity until it is profitable for the users.
Hashflare charges a maintenances fee of $0.01 for 1MH/s litecoin hashpower and $0.004 for 10 GH/s bitcoin hashpower daily, after each 24 hour long mining period. These maintenance fees are not billed to the customers, but deducted directly from the mining results at daily payouts. The fees are deducted in bitcoin based on the daily BTC/USD exchange rate provided by Hashflare.
The cloud mining company accepts wire transfers in USD and EUR, although they charge an extra 10 EUR commission fee on all purchases below 50 EUR. VISA and Mastercard are also accepted payment methods but they apply a 3000 USD limit per daily purchases for these. Due to customer protection, on the accounts where the hashpower is purchased with credit cards, there is a 14 day holding period, when the accumulated mined currencies cannot be withdrawn from the account. The immediate payouts are appearing on those accounts where the hashpowers are purchased from bitcoin.
Hashflare has a very strong hardware background with the cloudminers supplied by HashCoin. They offer cloud mining for five different cryptocurrencies. The contracts last as long as the mining activity – after the maintenances fees charged – is profitable for both bitcoin and litecoin. Hashflare is a good cloud mining choice for those who want to try crypotcurrency mining but doesn’t want to invest too much money upfront as their minimum plan is starting from $1.20.
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Turn your OWN computer into a mining rig with Computta
Computta is a software program that promises to turn your computer into a 24/7 money generator. Find out if Computta is a legitimate software program or a scam today in our review.
What Is Computta?
Computta, found online at Computta.com, is a software program that turns your computer into a cryptocurrency mining rig. Computta also has a referral system that functions similar to a multilevel marketing company – so you can earn money by recruiting new members to the network.
The software claims to have been developed by cryptocurrency professionals as a way for “anyone and everyone’s computer to make digital money for their owners on autopilot.”
Best of all, the software is so easy that even a 5 year old can install and use it. And, it works on 95% of all Windows-based computers.
Is Computta too good to be true? Let’s take a closer look at how the software claims to work.
How Does Computta Work?
Computta, or Computta Smart Miner, can be downloaded online from Computta.com. You can install it on as many computers as you like to start generating passive income. It’s a free download.
The developers claim that their average users earn $22.80 per month, while gaming computers earn an average of $78 per month. It’s unclear if that refers to the total revenue generated – or the revenue minus utility costs.
The mining software functions similar to other cryptocurrency mining software. You install it, the software runs a benchmark, and then you start earning revenue.
Computta claims to work with no hidden fees and no costs to you. It’s a 100% free software program. However, if you read the fine print, you’ll discover that Computta will charge a fee of 25% of your personal profit.
You can also continue to use your computer while the Computta Smart Miner works in the background. The miner’s settings do not affect your gaming or work on your device. You can also turn on Smart Mode if you need extra resources for certain applications.
The Computta Referral System
The Computta Smart Miner is just one part of the Computta system. The other part is the referral system, where you can earn additional money by referring other people to the platform.
Computta’s developers claim their average members generate $280 per month through commissions within three months of joining. Users who invite 10 personal referrals to the platform “will generate a referral network of 2960 sub-affiliates”, on average, according to the site.
Computta has a 5 tier affiliate program. You can participate in this affiliate program simply through your referral link. There’s also an affiliate achievements system where Computta rewards high-end users with one-time payouts or higher commissions.
Installs In Three Minutes:
The software is easy to download and install. It also comes with a “two click setup”. A benchmark trial will run during the installation process.
Works On 95% Of Windows PCs:
Computta can run on 95% of all Windows PCs.
After installation, the software runs in the background. It’s invisible and 100% automated right out of the box, with no tech skills needed whatsoever. Whenever your computer is on, the software will run.
100% Free Forever:
Computta’s developers claim their Smart Miner will be 100% free forever, and that there are no hidden fees, no costs for users, and no costs for their referrals – ever.
Works Out Of The Box:
You can customize Computta’s settings if you choose to do so, but you don’t have to. The software works right out of the box.
Website Account With Full Stats:
Computta Smart Miner is connected to your Computta.com online account. You can view detailed reports and analytics through your account, including application earnings and affiliate promotions. Check stats, request payouts, and get affiliate links from your online account.
Continue To Use Your Computer As Normal:
Computta runs invisibly in the background. Obviously, the software will consume resources. However, you can activate a Smart Mode which ensures the software only runs when you’re not working on your system.
Computta frequently mentions that it’s totally free and that users will never be charged any fees.
That’s a blatant lie. When you check the “Fees” page on Computta, you’ll see that Computta takes 25% of your personal earnings.
To be fair, this appears to be the only cost of using Computta. And, the developers say there are “no hidden fees” – they don’t specifically say there are “no fees”. However, the entire pricing section appears to be intentionally misleading. Furthermore, it’s unclear if the average earnings of $20 per month are calculated after the 25% fee or before.
Who’s Behind Computta?
Computta is made by a company named Computta Networks LLC. The corporation started appearing online in July 2017. They claim to be registered in Delaware.
There’s virtually no information about the company available online. In fact, one of the first results that pops up when you search for Computta Networks LLC on Google is this page on RealScam.com, where the website is identified as a likely scam.
There’s also the problem that Computta’s testimonials are accompanied with stock photos that have been taken from other websites. They do not appear to be legitimate testimonials.
For all of these reasons, it’s not surprising to see why Computta’s developers don’t disclose any personal information about themselves or their location.
Computta’s official website is filled with people who claim to be generating hundreds of dollars per month without sacrificing their computers. One gamer claims he’s making $230 per month even while he games on his two gaming PCs. That testimonial could be fake, as the image attached to the testimonial is a stock image from an unaffiliated website.
Ultimately, Computta doesn’t appear to be worth your time or effort. It’s a mining software that takes 25% of your earnings without providing a great level of service: you still have to maintain the equipment yourself, and you still need to pay for electricity. Computta claims the average user makes about $20 per month from their service. Is that even enough to cover your computer’s electricity usage?
It’s also unclear how the withdrawal process works, how users get paid, and how you can access your money.
Based on all of this information, you may want to wait for more information about Computta to appear online before you download the software.
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