HashFlare Bitcoin Mining - Profitable or Not?

in #bitcoin9 years ago

Well it seems HashFlare is quite profitable at the moment, of course with BTC price and mining difficulty adjusting all the time it does vary but I think it's a solid investment.

Also, Genesis Mining has no contracts left so HashFlare is a good option.

Anyway, here's my expierence so far as I've just bought in:

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I recently looked at my hashflare and indeed the mining of bitcoin have increased since value of bitcoin has risen. They deducted less coins for electricity/maintenance fee. I still think genesis mining is the preferred choice because after a year in hashflare the contract is over. Yet like you said options are limited so hashflare is still decent if people want to mine bitcoin.

Just curious did you use a referral when you bought into hashflare? Thanks.

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