TypeHash Review: Bitcoin Mining Web Browser, Crypto Crowd User Pooling?
Update: May 18, 2018 the website typehash.com appears to be down. we are looking for any message or reasoning but so far appears to be non reachable. please reach out. will update soon.
TypeHash is an online bitcoin mining platform that lets you mine bitcoin from an ordinary browser tab. Find out how it works today in our review.
What is TypeHash?
TypeHash, found online at TypeHash.com, lets you mine cryptocurrencies using any ordinary web browser. You can start earning online today with no downloads or special hardware required.
With TypeHash, you can keep a tab open on your computer's web browser throughout the day to earn cryptocurrency in the background. The website wants to help anyone “earn a passive income easily.”
Is TypeHash too good to be true? Can you actually make money? Let’s take a closer look at how it works.
How Does TypeHash Work?
TypeHash works in a straightforward way. You visit TypeHash.com to get started. TypeHash exclusively mines bitcoin.
As you might expect, the resources from your computer are added to a pool containing the resources of thousands of other users’ computers. The pool collectively mines bitcoin to compete for a block reward every 10 minutes.
TypeHash will continue mining bitcoin for as long as your browser tab is open.
TypeHash works with multiple types of browsers. However, they encourage users to use Chrome because “Chrome has been tested and proven to be the browser to earn the most per hour.”
TypeHash also claims it won’t hog your computer’s resources. The platform will access your CPU power, but it won’t freeze your computer or cause significant slowdowns.
The platform also has a referral incentive system where you can invite friends to the platform then get a percentage of their earnings.
TypeHash is free to use. However, you can access faster mining speeds by purchasing “Tech Upgrades” through the platform. These function similar to cloud mining packages. You buy a package, it lasts for 30 days, and you can double your mining speed.
You’ll need to earn at least 0.0005 BTC in order to withdraw your money from the platform.
You don’t need to purchase a Tech Upgrade to withdraw your money. However, you’ll likely need to mine bitcoin in your browser for a considerable amount of time before you hit the minimum withdrawal limit – so a Tech Upgrade will help you reach that limit more quickly.
TypeHash also has Daily Bonus offers that appear every 24 hours. You can claim these bonus offers on your account dashboard.
Who’s Behind TypeHash?
TypeHash posts limited information about itself online. You can submit a ticket through the support center or email the company at [email protected] Aside from those contact methods, however, we know nothing about the company.
According to whois domain records the official TypeHash website was registered on November 25, 2017 but did not appear online in April 2018.
Conclusion: Is TypeHash Legit or a Scam?
TypeHash is a legitimate browser mining system. You can visit the site today to contribute your computer’s resources to a mining pool, then earn rewards. This isn't about Proof of Stake vs Proof of Work, this is about safely earning bitcoins through passive web-browser based crypto mining..the question is – how effective will it be for the long haul?
However, even on the most powerful computers, you’re unlikely going to earn a substantial amount of money – even if you leave TypeHash running all day, every day in the background. Even specially-designed mining hardware can’t provide a reliable passive income with just a single rig – so your laptop or desktop browser isn’t going to be generating thousands of dollars from bitcoin mining anytime soon.
The main goal of TypeHash is to push users towards buying “Tech Upgrades”. Your TypeHash dashboard will display the measly earnings you’ve received through ordinary browser mining. Then, beside that amount, you’ll see information like “How Much You Could Have Earned with Tech Upgrades”. Obviously, the number is substantially higher. The Tech Upgrades function just like cloud mining packages. You’ll also get rewarded for referring new users to the platform.
Ultimately, there’s no risk to trying TypeHash and seeing how much BTC you earn. However, don’t expect to earn much money through browser-based mining. The lack of transparency regarding who’s behind TypeHash may also worry some people.