User management: Web Company transparency/support: N/A Payment options: BTC Reward type/share/pool: NA Cost electric power per TH/day (btc): 0.15 USD Contract price per Th/year (btc): 0.0076 BTC (average) Earning return: NA
User Review( votes)
- Affiliate program 3-10%
- Legit and partner with Bitfury
- Contract trading option
- Demo mode to test mining
- Only BTC contracts
- No info on a mining pool and reward type
Hashing24.com is a well known and legit cloud-mining service since 2012 who in connection with Bitfury offers mining contracts and cloud mining on their data centers located in Canada, Norway, Iceland, and Georgia.
Since these data centers are all own by Bitfury, we can assume that Hashing24 only lease their hashing power of Bitfury, then sell it to you from their website but do not hold any equipment of their own.
Bitfury does confirm these fact by mention Hashing24 on their website.
Hashing24.com’s price policy of maintenance is fair and follows the standard in the low end with a 0.15 USD per TH daily cost.
Republic of Ireland
Office 29, Clifton House,
Fitz william Street Lower,
Dublin 2, D02 XT91
+353 1 6917777
How to get started?
Registration is fast and needs just to verify your email. You are then able to make a direct deposit with Bitcoin only.
They do offer Fiat deposit and Alt-coin deposit, however, both are a 3rd part API service and require user verification and setup unless you already used those services.
For the altcoin deposit, you have Changely.com exchange as the only option and for Fiat deposit, you have the choice of Switchere.com. So unless you’re happy for those two services and their fee policy I suggest you use your preferred usual exchange and make a deposit in Bitcoin what is the end result anyway no matter what you selected.
Getting the contract
Now come the hard part.
Hashing24.com do sell regular mining contract BUT you will very likely always find the SOLD OUT label on the contract page. Instead of you now have the option to TRADE a mining contract that seems like the only option to get started.
The trade is an open marked BUY/SELL auction for all users to trade their contracts across. So the price is all a question of bids and offers setting same as if you trade coins or stock on the exchanges.
The tricky part is therefor to be lucky to buy a contract to the lowest price. You then have the option to sell it again if request increase and get a higher price back, or just keep it to earn your daily mining reward.
It is unclear how long a standard contract runs from start purchase however the trade page does indicate the remaining days on the contract in offer currently 24 days on the average left. Don’t forget to include the Hashing24 5% fee for every contract trading order.
*The summary contract price per year is calculated by the current contract trading offers average price. You should check the current live contract offerings price as this change constantly.