Cloud mining service overview Hashing24 – registration, interface, reviews

Cloud mining service is provided by companies that rent out their own computing power. This equipment is used for mining cryptocurrency, and the tenant receives a portion of the remuneration.

Setting up and maintenance is the responsibility of the landlord, and the user pays for these services. Mutually beneficial conditions are due to the good location of data centers, low prices for the wholesale purchase of equipment and cheap tariffs for consumed electricity. In the article we will look at one of the leaders in this field – Hashing24 .

About Hashing24

Service Hashing24 was created in 2012 specifically for those who wish to earn on the extraction of cryptocurrency . At the same time, the company provides its customers with access to their data centers with mining equipment (ASIC and GPU farms).

Hashing24 equipment is located in Georgia and Iceland. This service provides its own customers with their own facilities with world-class data centers. The resource is available in 9 languages, including Russian.

The service has several advantages :

• attractive prices for electricity and maintenance;
• favorable price hash;
• customers get to rent a part of the world's largest mining data processing centers;
• the client can enter into a contract with the insurance payment;
• the company takes care of service, food, weather conditions, etc., without forcing the client
• customer distractions from mining;
• the mining process begins immediately after registration and payment;
• The client gets access to the most modern and powerful equipment.

This project was created to ensure that beginner miners and experienced pros can get comfortable access to advanced, high-quality, reliable resources that industrial miners have at their disposal to ensure efficient mining. Hashing24 makes cloud mining simple and affordable for everyone!

The company focuses in its activities not on popularizing its own brand, but on building partnerships with market leaders.

The main partner of Hashing24 is BitFury, the world famous cryptocurrency miner company. The main service capacities are provided by this giant of the cryptocurrency market.

It is precisely the state-of-the-art BitFury application chips that provide the maximum permissible efficiency and performance. The service also actively cooperates with many other leading mining companies.

Features of working with the Hashing24 service

Highlight the main features of the service :

• Mining Bitcoin you can carry out after 5 minutes of setting up the necessary technological base;
• The service uses only the most modern and proven equipment partners. As noted above, more than half the power of Hashing 24 is BitFury's systems and designs;
• Technical support 24 hours a day, 7 days a week;
• The most favorable and affordable prices for electricity, as well as rental equipment;
• Availability of several data centers in Iceland and Georgia.
• Deposit and withdrawal of currency
• All charges inside the platform Hashing 24 are held only in Bitcoin.

You can buy coins using the following payment systems :

• OKPay;
• MasterCard, VISA;
• Cashless bank transfer.

Accepted currency for payment of mining contracts: the euro, US dollar and Bitcoin.

Taking into account the scope of the company, it is logical to assume that all operations for the withdrawal of funds takes place exclusively in cryptocurrency.

The minimum for withdrawal is 0.001 BTC. The amount is quite good for small investors, but taking into account the commission, it cannot be considered as the most relevant on the market of cloud mining. The Hashing 24 system strongly recommends accumulating such a minimum on the balance sheet.

Register on Hashing24

To start working with the service you need to go through a simple registration. This can be done on the official website of the project https://hashing24.com .

On the main page, you can choose the interface language, eight languages are offered, including Russian. After that, you need to click the "Register" button in the upper right corner.

To register, you must fill in the following fields:

• valid email address;
• a password of at least eight characters, including numbers, uppercase and lowercase letters of the Latin alphabet;
• Country of Residence;
• confirm acceptance of the terms and conditions of service;
• solve captcha by google.

Another way to register is using Facebook or Google+.

Upon completion, the system will send a letter to the specified mail with a link to confirm the registration data.

After clicking on the link, you need to come up with a four-digit PIN code.

Important! Remember your PIN, it is impossible to restore or change it.

Personal account interface and settings

Immediately after logging in, the system offers to rent a contract for Bitcoin mining. The minimum computing power is 100 GH / s, at a price of USD 20.55 for three years. Daily service charge is USD 0.033.

A new feature is available on the Hashing24 service – auction. Here there is a trade in contracts between users. Prices may be lower than the new contract, also come across indefinite.

Before acquiring the power for cloud mining, it is recommended to fill out a profile and adjust the security level. This can be done in the “Settings” tab.

In the personal data you can specify the name and surname, download the necessary documents for verification and specify the bitcoin address for withdrawal of funds.

In the security settings, it is recommended to activate two-factor authentication using the Google Authenticator mobile device program.

In addition, you can set the time spent on the site Hashing24, after which the user will be automatically logged out. The interval is from 5 to 60 minutes or never.

Also in your account there is a tab “Contracts”, where all active will be displayed, with indication of statistical information.

To replenish an account or withdraw funds, go to the “Balance” section. You can replenish the deposit in BTC, for this the system will generate the wallet address for you.

Mining income is accrued daily. To withdraw the earned funds, you must specify your BTC-address and confirm it via mail. The minimum withdrawal limit is 0.02 BTC, and the commission will be 0.001 BTC. It is recommended to withdraw as large amounts as possible to save on network commission.

You can contact support for the Hashing24 project via the “Help” tab or online chat, the button of which is in the lower right corner. The support will help in case of any difficulties in working with the system and will answer any questions of interest.

Calculation of yield Hashing24

In order to make a decision on investing in cloud mining, it is necessary to calculate the profitability and term of the refund. For the convenience of users on the site there is a handy calculator program.

After filling in the required forms, you need to click the "Calculate" button and the system will calculate the main parameters of profitability, on the basis of which you can analyze the feasibility of investments.

For the summer of 2019, the average annual income is 36%, and the return on investment occurs in almost two years.

You can increase your daily income and quickly reach the payback period of the project by using the reinvestment tool – the proceeds to the internal balance can be redirected to the rental of new capacities.

With the increasing complexity of the network, the daily income falls, and with the growth of the Bitcoin exchange rate – vice versa.

All calculations are approximate and may change over time.

Withdrawal and deposit replenishment

After accumulating the minimum amount for withdrawal (0.02 BTC), the user can withdraw his funds:

• in a personal BTC wallet;
• on cryptocurrency exchange;
• on the online exchange service;
• to another user.

Withdrawal is carried out in your personal account – balance – withdrawal of funds. You must select the source, specify the amount and wallet, and then click the "Output" button.

Processing of applications is made the next day. The maximum amount for withdrawal is unlimited, as well as the number of daily applications.

To withdraw funds for the maintenance of the contract you need to replenish your deposit. This can be done in the balance section – deposit. The system will generate the BTC address and offer to read the QR code.

The minimum amount of replenishment is 0.0001 bitcoin, this is due to the technical limitations of payment processing. A smaller amount will not be credited to the deposit.

Main competitors of the service

There are many similar cloud mining Hashing24 services. The most popular ones are:

• IQMining . The IQMining service uses the SHA-256 PRO algorithm, which automatically conducts mining over 100+ altcoins simultaneously, with the subsequent resale of the mined crypto coins on several exchanges, which allows you to earn up to 130% per annum. IQMining service for the past two years has been ranked first in our expert rating of the best cloud mining services .
• HashFlare . Considered the most popular cloud mining service. They are hardware manufacturers and software developers. HashFlare has a reputation as a reliable partner and provides a high annual income. Capacities for cloud mining of various cryptocurrencies are available for rent, but recently there has been a shortage of free contracts.
• Genesis Mining . One of the oldest cloud mining services. Equipment for five popular cryptocurrencies is available for purchase. The reputation of reliable service is confirmed by several years of successful work and daily payments. At the beginning of May 2018, there is no free computing power for any of the cryptocurrencies.

Pyramid companies are constantly emerging in the rental market for computing equipment, which, after collecting a certain amount of money, simply disappear.

When deciding whether to invest in cloud mining, it is recommended to consider services that are one year old and have positive reviews on specialized portals.

Hashing24 Reviews

After studying the many reviews about the company Hashing24, we can summarize that this is a reliable, working company, investments in which will bring a certain income. Many professional investors rent computing equipment for cloud mining for several years.

Nearly six years of excellent work is the best recommendation about the reliability of the Hashing24 project, and their goal is to give everyone who wants to use the cloud mining service to attract anyone, even novice users.

Final conclusions

Over the years, Hashing24 was able to establish itself as a reliable and stable service. This is not a scam, but a really working cloud mining, on which both pros and beginners can earn good money.

The funds invested in this company are more likely to return and bring you substantial additional income. The veracity of these words is confirmed by the numerous positive comments of miners.