HashFlare Alternatives – wich ones are recommended ?
Are there HashFlare Alternatives – let us reveal what HashFlare is in the first place. HashFlare is a collection of cloud mining services published by HashCoins. The team has been active in cryptocurrency since the advent of Bitcoin and are thus very experienced.
In addition, the providers have maintained mining services for more than three years. Their goal is to make mining accessible to a broad spectrum, regardless of age, location, investment size or technical knowledge.
Users should have an easy way to start mining and earn tokens. The acceptance of Bitcoin and other cryptocurrencies should also be promoted through this dissemination of services.
Users should also benefit from a favorable entry into mining, as well as risk minimization and lower operating costs in mining through cloud mining. In many comparisons, HashFlare has performed particularly well and achieved the best placement.
Today’s blog post, however, seeks an alternative to HashFlare. An alternative is always good to diversify the risk and get a good overview of the market. Technical problems should particularly be avoided and it is always a good idea to have a Plan B.
Genesis Mining as an alternative to HashFlare
Genesis Mining is a well-known HashFlare alternative. This is a cloud mining provider that operates their entire server architecture in Iceland and is, therefore, subject to European regulations. This aspect is particularly important because when investing large amounts of money, only reputable and established providers should be used.
Genesis Mining is especially known for its diverse mining opportunities. Here, users have the chance to explore classic currencies such as Bitcoin, Ethereum, Litecoin, Dogecoin and Monero. However, even direct offshoots of these blockchains can be mined through Genesis Mining.
In addition, Genesis can offer a term of at least two years. Should a negative mining income arise in the meantime, the contracts can also be terminated prematurely.
In the case of Bitcoin mining contracts, no limitation of the term has been set, so these contracts have an infinite term. Only in the case of negative earnings will these contracts be terminated immediately. This is a protection mechanism for the investor, who would otherwise have to pay.
The generated revenue is very good and can be adjusted by the scalable computing power. This is an important core element because users always have the opportunity to acquire additional capacity. However, it should be kept in mind that bottlenecks have been recurrent in the past, requiring further capacity building.
Invia World – one of HashFlare Alternatives
Invia World is an interesting HashFlare alternative, albeit a bit more difficult to incorporate into the classic scheme of the mining provider. The website offers a clear design for all devices. In addition, the system is designed to be especially comfortable for the mobile phone.
The special feature of Invia World is Active Managed Mining. It is not the end user who defines which cryptocurrency is being mined, but an algorithm that selects the most lucrative coin. Subsequently, the mining revenue is converted into the corresponding target currency.
The target currency is Bitcoin and Ethereum. The goal of this approach is to maximize mining revenues, especially in poorer market phases. Furthermore, Invia World relies on network marketing sales, so there is a partner program. In this affiliate program, different career levels can be achieved, which lead to an additional income through corresponding product promotions.
Basically, the shared experiences with Invia World are very positive. The deposit of coins, as well as the activation of the account, both work very well. As an Austrian company, there are excellent levels of support and communication is easy. Invia is highly recommended as an alternative investment platform, as the returns generated are very high and the concept pursued is very solid.
Hashing24 – one of HashFlare Alternatives
Hashing24 is another HashFlare alternative. This is a classic cloud mining provider, which, according to the statements of many experts, is considered to be very serious and trustworthy. The company is the partner of the well-known and established BitFury mining pool.
Hashing24’s basic offering is aimed at people who want to perform Bitcoin mining without the use of specialized equipment. Instead, users can purchase hash power, which is hosted by BitFury in Georgia and Ireland.
The task of Hashing24 is to balance the transaction of the business with the mediation of professional computing capacities to private and business persons. The combination of an extensive and progressive program particularly ensured that Hashing24 was able to enjoy a rapid establishment on the market.
Customers benefit from the network’s global computing capacity of over 200 ph/s, instant access to scratched tokens, and tokens stored in the wallet. Furthermore, the provider guarantees 100 percent uptime, so the service is permanently available.
In order to start mining, computing capacity must be purchased in advance. In this case, a purchase can be handled by means of various payment systems. Then the mining starts, so that profits are paid within the first 24 hours.
Conclusion on HashFlare Alternatives
The use of a HashFlare alternative as a diversification of the platform can lead to an improved return. Technical problems are also less important, since mining is continued at another point. However, attention should be paid to the features of the other platform.
The various target groups that the providers would like to address should particularly be taken into consideration. Invia World, for example, is designed for more safety-conscious investors, while other providers only support Bitcoin mining.
It is advisable to use detailed comparisons to select the right service. This is because expert teams have carried out extensive tests and compared the advantages and disadvantages of each provider in detail.
Alexander Weipprecht is the managing partner of Provimedia GmbH. As a trained IT specialist for application development, he has been advising leading companies on the following topics for more than 10 years: online marketing, SEO and software. Cryptocurrency is becoming increasingly important to businesses and investors. Through Coin Report and Krypto Magazin Germany, Alexander wants to give all people easy access to the subject matter.