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Cloud mining contracts are an easy way to earn Cryptocurrency through mining, as they don’t involve setting up hardware on your own. They do it by delegating the duty to a third party that mines for you and charges a small fee. Considering the risks and hassle associated with setting up one’s own mining facilities, it is a good idea and may end up being profitable, as we approach the hardcap for Bitcoin. If one wants to accumulate Cryptocurrency for the long-term, satoshi by satoshi, without getting their hands dirty, cloud mining is the way forward.
Disclosure: This is a Sponsored Article
HashFlare’s Special Promotional Code
Now mining is done under different protocols set up for each system. There is the SHA-256 system used by Bitcoin, SCRYPT used by Litecoin and other forms like ETH and EQUIHASH mining contracts. HashFlare, an established cryptocurrency cloud mining services provider is offering special discounts on all these major protocols with a special promotional code.
The special code is HF18WQOD22J5 and will work until March 6, 2018. The discount is not for unlimited number of uses with it being restricted to one per account and the total discounts available are only total 900 overall. So, users wishing to get started with cloud mining should hurry and grab this offer while it lasts.
About HashFlare
HashFlare, the company behind this promotion, has been in the mining business for over three years. That is around the time when Bitcoin was still in the hundreds, not thousands of dollars. They are offering mining contracts at $4.20 per 1 MH/s right now which is competitive already considering the wide market of cloud mining companies. The company has big mining setups operating already in SHA256, Ethereum, Scrypt and ZCash.
The cloud mining company offers instant payouts in addition to proof of hash rate feature and selection of your own mining pool. So, users don’t entrust money in a blind bank account but they can see how things are going on their own. They can monitor the total hashrate, the Bitcoins mined by the system and choose the most profitable mining pool from the list and switch accordingly if they want.
Global Outreach
Cloud mining contracts are available to users around the world with a working credit card and are perfectly legal. Bitcoin enthusiasts and people new to this world can start with beginner level contracts and see their wallets accumulate bitcoin on a regular basis in a fair and transparent manner.
HashFlare is also a good educational site for all crypto enthusiasts. They can understand about different mining algorithms and protocols and learn how it works before making up their mind regarding investing in a cloud mining contract. Most contracts are year-based and accounts will see daily coin top ups in wallets.
Please visit the website at: https://hashflare.io
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.