HashFlare is a bitcoin cloud mining platform that promises fixed fees, instant withdrawals, and multi-pool support. Read our HashFlare review to find out how it works.

What Is HashFlare?

HashFlare, found online at HashFlare.io, is a cloud mining platform that promises to offer low fees, unlimited term contracts, and good ROIs.

Like other cloud mining companies, HashFlare aims to make cloud mining accessible to all users – even those with limited cryptocurrency experience. With HashFlare, you pay to join, then receive a proportionate share of the company’s computing output.

Mining cryptocurrencies is complex. HashFlare wants to make it easy. The service has operated since November 2015. Today, they mine bitcoin, ZCash, Ethereum, and DASH.

The company, which goes by the name HashCoins, is based in Tallinn, Estonia.

How Does HashFlare Work?

HashFlare works similar to other cloud mining operations. You pay to join the company, then receive a proportionate share of the company’s computing power. The HashFlare datacenters, according to the official website, “house hundreds of miners”. Those computers constantly mine different cryptocurrencies. You earn a share of those cryptocurrencies based on the amount of money you contributed to the cloud mining operation.

Some of the key features of the HashFlare platform include:

  • Hardware: HashFlare doesn’t go into rich detail about its mining rigs. It describes each miner as “a highly efficient piece of mining equipment specially designed for cryptocurrency mining.” They also claim that their datacenters “house hundreds of miners”.
  • Pools: HashFlare’s miners are connected to different pools. The company encourages users to find the most profitable combination.
  • Payout: All mined cryptocurrency is distributed among all HashFlare customers according to their share of hashrate.

HashFlare Features

HashFlare promises to offer all of the following features:

  • Instant Mining and Payouts: HashFlare’s mining starts immediately after payment is confirmed. The first payouts occur within 24 hours.
  • Unlimited Term Contract: There is no time limit and no expiry date. You can use the HashFlare system for as long as you like. However, some of the altcoin contracts come with 1 year contracts. It’s also important to note that your contract is only valid for as long as the mining operation is profitable.
  • Instant Withdrawals: You can receive your money instantly after withdrawal.
  • Detailed Statistics: You can view all mining information in real-time, at any point from any location.
  • Pool Allocation: You can decide which pools to dedicate your hrashrate to. Users are encouraged to find the most profitable combination.
  • Fixed Fees: There are no hidden fees or commissions on HashFlare. Every single transaction is visible to you.

Overall, HashFlare has designed its platform to make mining accessible to anyone.

About HashCoins

HashFlare is operated by a company called HashCoins. HashCoins makes a variety of cryptotechnology products and services. They offer investment opportunities in the industry, for example, as well as mining equipment, blockchain-based product development, and more.

HashCoins was founded in 2013 in Tallinn, Estonia. However, the company claims that its team has been “involved with cryptocurrencies since the inception of bitcoin and has over 3 years of experience in the field of mining cryptocurrencies.”

The company created HashFlare in 2015 with the goal of making mining easy, affordable, and accessible to average users.

You can reach HashFlare by email at [email protected]

HashFlare Pricing

HashFlare is priced at the following rates:

Scrypt Cloud Mining (Scrypt Algorithm Miner)

  • $13.50 per 1 MH/s
  • Minimum hashrate of 1 MH/s
  • Maintenance fee of $0.01 / 1 MHs / 24h
  • Hardware: HashCoins SCRYPT
  • Automatic payout in BTC
  • Lifetime contract (for as long as mining remains profitable)

SHA-256 Cloud Mining

  • $1.20 per 10 GH/s
  • Minimum Hashrate: 10 GH/s
  • Maintenance fee of $0.0035 / 10 GH/s / 24h
  • Hardware: HashCoins SHA-256
  • Automatic Payout in BTC
  • Lifetime contract (for as long as mining remains profitable)

Ethereum Cloud Mining (ETHASH Algorithm Miner)

  • $2.20 per 100 KH/s
  • Minimum hashrate of 100 KH/s
  • No maintenance fee
  • “GPU rigs” for hardware
  • Automatic payout in ETH
  • 1 year contract

ZCash Cloud Mining (EQUIHASH Algorithm Miner)

  • $2.00 per 0.1 H/s
  • Minimum hashrate of 0.1 H/s
  • No maintenance fee
  • “GPU rigs” for hardware
  • Automatic payout in ZEC
  • 1 year contract

Dash Cloud Mining (X11 Algorithm Miner)

  • $5.80 per 1 MH/s
  • Minimum hashrate of 1 MH/s
  • No maintenance fee
  • Multi-factor hardware
  • Automatic payout in DASH
  • 1 year contract

How Much Money Can You Make With HashFlare?

As with other cloud mining services, you can’t expect to get rich using HashFlare. Our friends at CryptoCompare.com found that earnings were about $21 per year for a $22 Ethereum mining package (they made $21 in profit). You can purchase packages in 1.0 MH/s (i.e. 1.0 MH/s costs you about $22). Obviously, a return of 94% is very good – but this number is also influenced heavily by the price of Ethereum, which rose sharply in the beginning of 2017.

HashFlare also allows users to earn money by referring others to the platform.

HashFlare Conclusion

There are a lot of scammy cloud mining platforms on the internet today. HashFlare isn’t one of them. HashFlare has been offering cloud mining services since 2015. The company offers a variety of mining pools, and allows users to mine bitcoin, Ethereum, ZCash, and DASH. The Estonia-based cloud mining platform is operated by HashCoins, which has been offering cryptocurrency and blockchain technology services since 2013.

You can learn more about HashFlare, or sign up today, by visiting HashFlare.io.

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.


  1. Been successfully trialling Hashflare for 6 months now and just upped my investment substantially after analysing the returns I’m getting.
    I have reinvestment switch on and make a compound increase in hashpower of 0.6% per day, try and get that anywhere else!
    Let it build for a year or so and then start to to take an income from it. 10Th/s will build to over 80Th/s in a year!
    (That’s without the predicted increase in the price of bitcoin as it starts to be seen as a mainstream investment asset rather than a coin).
    I’d say worth a try with $100, analyse the return and then go for it.

  2. A couple of days ago I purchased $1500-00 worth of SHA-256 from Hashflare
    Payment done with Bitcoins.
    Payment has been confirmed but my purchase status at Hashflare remains on Pending.
    I’m currently not too impressed and wish I had never started with Hashflare.
    I also noticed that withdraws have also been frozen due to high demand on system.
    Support indicated that it could take 10 days before they get to my support question.
    If I could go back in time I would not use HashFlare. Bitconnect works much better.
    You may earn less via Bitconnect but currently I’ve possibly lost everything via HashFlare.

  3. HashFlare is one of the best cloud mining operator. I am using it for 2 years. I have earned huge amounts of money. Right now 1 TH/s contract is sold for $150. Before signing into hasflare just send me an email, I will show you how to get 1 TH/s contract for just $120. That is 20% off!

    Just ask me :)

  4. I paid in BTC to Hashflare with in 10-15 minuets my payment was confermed and was mining. Not that you have to pay with BTC, credit or debit is good too. I am starting small with a plan, reinvest for 90 days and draw out every other day till I get it like I like it. And draw every day. Then put it back in (risky) but i like to gamble. Do the same trick, now i dont know if i can put it all back in after what comes out of that. But if i pull it off and BTC hits i will be on my way to being my own boss.

  5. Agree with that Frank, I bought a SHA-256 contract and got 12 TH/s hash rate. The 12 TH/s rate is shown, but nothing else to the right about mining per day, week, ect.ect. Will all that post tomorrow when I get my 1st payment?

  6. Frank is right! Mining is risky, but it’s better to take a risk than be an office slave with fat boss. hope hash flare will remain soon and i will continue be my own boss :)


Please enter your comment!
Please enter your name here

eleven − 1 =