Hashing24

Mattia Franzoni
3 min readJun 25, 2018

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Bitcoin mining has long since become a highly centralized business, almost unaffordable to normal users. In order to participate competitively, it is necessary to make huge investments in the hardware and software infrastructure.

Hashing24 is a company that provides turnkey cloud mining contracts for all those people who want to get into the mining world without to create a suitable structure and a huge investment for a real mining farm.

BitFury (source: website)

The Hashing24 team has been in the mining industry since 2012, but the business was only launched in 2016 after becoming a partner of BitFury as a leading supplier of hardware.

Blockchain Alliance (source: website)

BitFury received support from various venture capital companies and form part of Blockchain Alliance, an organization that helps law enforcement agencies to conduct Blockchain technology investigations.

Hashing24 allows you to buy personalized plans. You can purchase the hashpower quantity you desire in a very simple way: by buying 100 Gh/s blocks

A Hashing24 feature is the security of having only recently created bitcoins. This shows that the company does not sell bitcoins that were already in their possession. Once you received your bitcoins, you can check coin movements using any Bitcoin Block Explorer.

Hashing24 has introduced its own internal exchange, this service allows you to buy calculation power contracts, using various altcoins. You can choose to send altcoins to make payment on the Hashing24 platform, exchange them and/or deposit BTCs in your account balance.

They also created a dedicated section to be able to resell the computing power purchased via auctions.

Currently, it is not possible to buy new contracts directly from Hashing24, but it is possible to buy from website users selling auction contracts of two types: one for 36 months and one lifetime.

ABOUT HASHING 24

Hashing24 shows its headquarter office and more on its website: the offices are currently located in Ireland and Ukraine.

Ireland

Office 29, Clifton House, Fitzwilliam Street Lower, Dublin 2, D02 XT91

+353 1 6917777

headquarter@hashing24.com

Ukraine

+380 44 290 8495

ukraine@hashing24.com

Also in this case, we are awaiting to know the new price list, although unlike the other cloud mining platforms, here it is already possible to make the computing power purchases thanks to the Hashing24 Auction section, available on the website, that gives you the opportunity to buy again computing power purchased from previous customers.

CREDITS

This article was originally written in Italian by Mattia Franzoni and translated in English by Stefania Stimolo for NovaMining.

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Mattia Franzoni

Blockchain Enthusiast, Transhumanist, Biohacker, Miner . I spend my life to discovering new things.