Hashflare Cloud Mining Contracts!!

7 months ago

HashFlare

What is Cloud Mining

Cloud Mining is the process of bitcoin mining utilizing a remote data-center with shared processing power.This type of mining allows users to mine bitcoins or alternative cryptocurrencies without having to manage their own hardware. Since Cloud Mining is provided as a service there is generally some cost and this can result in lower returns for the miner.
There are many cloud mining scams!!

Pros & Cons

PROS

  • No configuration of programs or equipment
  • No messy algorithms involved
  • No need to manage equipment
  • Easy to maintain and transfer funds

CONS

  • Management costs- hardware and software
  • Security- some mining pools are scams
  • No control

Here is a book that can better explain cryptocurrencies and bitcoin. CLICK HERE FOR GOOGLE BOOKS ON CRYPTOCURRENCY

HASHFLARE FAQ SHEET
https://hashflare.zendesk.com/hc/en-us

1 post referenced by @flandude about cryptocurriences

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Steem is still hands down my favorite and in my opinion, the most underated ! Thanks @danilamarilu

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@ballinconscious Thanks bud! As soon as I recover my accounts I am going to be ready for more trade action!

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Awesome, sounds good to me :)