Hashflare Review 2018 — Is It Really Legit?

Dmitriy Smith
Oct 10, 2018 · 3 min read


Cloud mining is currently one of the most appealing methods to earn and collect cryptocurrencies. Exactly, for this reason, scam platforms have become quite widespread, luring their victims with impossibly low maintenance fee offers and high gains available within the shortest terms.

Please stay alert and do not fall for promises of fast profits!

But what is Hashflare? To date, this service remains among the best online cloud mining platforms. Its credibility is easy to check as users can access Hashflare review articles on cryptocurrency blogs and communities around the Internet. You can also keep yourself up to date with the latest news from the company via their Twitter: @hashflare.

The platform is preferred by many experienced miners due to its reliability (stable payouts), high return on investment (ROI) and complete transparency.


The list of available coins includes Bitcoin, Ethereum, Litecoin, Zcash, and Dash. For each of the mineable coins, you’ll be able to get an estimate of future gains with the profit calculator and reinvest calculator.


With all of the Hashflare pools, the service implements flexible payment schedules for users of variable means. Various coupon and voucher offers for Hashflare are not hard to come by, making the services even more affordable.

Aside from Bitcoin mining, the following techniques are also present:

· Ethereum cloud mining;

· Dash cloud mining;

· Scrypt cloud mining;

· SHA-256 cloud mining.


The company pursues the idea of keeping the cost as reasonable as possible and in that, it differs from several other platforms that place more emphasis on hardware upgrades and support. Hashflare employs a unique way of cutting down on electricity consumption and mostly benefits from its popularity, offering a 10% discount code to lots of cryptocurrency enthusiasts.

Online reputation

Internet surfers ask sometimes: is Hashflare legit? Well, let the numbers speak for themselves.

Launched on 23 April 2015 in Russia, the Hashflare platform has managed to gather an audience of 350000+ members, most of which remain loyal to this day. Its activities have been enabled in a dozen countries, including Germany, Portugal, Spain, and Italy. The service is officially continuing to expand, gathering hundreds of new subscribers per month.


On the great side of the service, we might name the ability to publish mining screenshots and technical details. Other benefits are as follows:

· Plain and pleasure-to-work-with interface;

· Extremely fast transactions;

· Good ROI;

· High transparency, safety, and security (two-way authentication);

· Subscribers can switch to different mining pools;

· Subscribers can check their daily revenue, balance sheet data, mine pool allocation and overall profit figures via graphical representation;

· Discounts and rewards to both new and loyal users.

There are also a few things on the bad side, namely:

· Hashflare pool fees for Litecoin and Bitcoin are considered quite high;

· As comparing Hashflare vs Genesis mining, there is no Monero mining;

· They charge a commission fee for wire transfers;

· No comprehensible guidance for the inexperienced.


Hashflare offers a comparatively stable income for miners in many countries around the globe. You can give the service a go by signing a year-long contract with the opportunity to switch between pools; discounts keep popping up at all seasons, so you may join on very advantageous conditions if you’re fast to get one.