If you are interested in cryptocurrency mining, but yet to start, Hashing24 is the easiest and most convenient way to mine cryptocurrency.
However, just like everyone who is new to the crypto business, you’ll want to know if you can trust Hashing24 or not; if it’s legit or just another new cloud mining fraud. Not to worry, we’ve done a review of the hashing24 platform to satisfy your curiosity.
Cryptocurrencies introduced new financial tools, and its value has grown tremendously. Both companies and individuals are seeking alternative ways to explore the opportunities that exist in the crypto world. Hashing 24 is one of those companies.
Professionals made Hashing24 for individuals who want to get involved in cryptocurrency mining. They believe everyone should benefit from the mining and be able to have access to the newest technologies and large-scale industrial data centres from their laptop or mobile phone.
Here is what to expect in this review.
What is Hashing24?
Hashing24 is a legit company rendering cloud mining service of Bitcoin, the most popular cryptocurrency. The company is operating since 2016, while its project team has been working on the cryptocurrency market since 2012. To date, Hashing24 has offices in the UK, Thailand, and Ukraine.
Hashing24 is the best option available for individuals who want to mine different cryptocurrency.
Here are benefits you get to enjoy when you sign up with Hashing 24:
Now, let’s know how the Hashing 24 cloud mining system works.
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Hashing24 Review | How Does Hashing24 Work?
Here is a step-by-step procedure of how the Hash cloud mining process actually works:
Before we go further, we’ve made reviews about some great platforms and apps. CHECK THEM OUT HERE!
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#1 Register on Hashing24
To mine with Hashing24, you must register on the platform; it takes only 2 minutes to do so.
When you visit hashing24.com, click on the register – it’s at the top right of the page. You’ll be brought to an interface like the one below.
Fill in the required information above and then register your account. You can also use either your Facebook or Gmail account to sign up on the Hashing24 platform.
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#2 Choose Hashpower
After registering, the next step is to choose hashpower – more power, more coins.
Once you’ve chosen your hashpower, you then pay for your new contract. You can pay your first and subsequent contract in any of the ways below convenient for you.
#4 Send your order
As soon as Hashing24 receives your payment, they send your order to huge BitFury mining data centres in Europe.
Your order comprises two parts:
#5 The Mining Process Begins
The mining process begins on high-end equipment with 100% uptime.
Here is how the cryptocurrency mining work on Hashing24:
When you are paying a one-time payment, you are receiving hashpower based on your contract terms and duration. You will also pay an everyday maintenance fee (this is for Bitcoin mining only).
This maintenance fee is automatically deducted from your mined BTC volume daily. The applied BTC/USD conversion rate is based on the previous day’s Bitcoin closing price in USD published on www.coinmarketcap.com.
However, if you don’t have enough balance for three days to cover your daily maintenance fee, the mining contract and service will be canceled.
Note that mining starts automatically at 00:00 UTC and mined coins are credited automatically to your balance once a day for the previous mining day.
#6 Receive Your Newly Mined Coins Daily
The next step is to receive your newly mined coins. This can be done daily if the coins are available for withdrawal that day.
Is Hashing24 Safe?
Before acquiring the Hashing24 cloud mining capabilities, the service recommends protecting your account and setting the security level. And this can be done in the “Settings” tab.
In the security settings, Hashing24 offers us to activate two-factor authorization using the program for the mobile device Google Authenticator. Also, you can set the time spent on the Hashing24 website, after which the user will be automatically logged out. This interval is from 5 to 60 minutes or never.
Is Hashing24 Legit Or Another New Cloud Mining Fraud?
Hashing24 has been operating since 2012 and it is considered one of the oldest mining services. No one has complained about the dishonest work of the service and there has not been a single hack on the account of the service.
Also, Hashing24 has a Certificate of Registration and all the official information on the website. All of this could confirm that Hashing24 is not a scam and it is fully legit.
Pros And Cons of Hashing24
Here is a breakdown of the advantages and disadvantages of Hashing24:
Pros of Hashing24
The Cons of Hashing24
Hashing24 Reviews | What The Users Are Saying
Here are what Hashing24 customers are saying:
#1 Steven Leung
I don’t know any other cloud mining company that I can trust.
#2 Ahmed Omar
It’s totally scam in the shape of a legitimate Company, their process will act just to steal your money without notice the only way to get a reasonable profit from your mining is when you have the prices of BTC exceeds 20K USD otherwise you will lose your money in daily maintenance scam fees because it’s the heights among all other platforms which they intended to have to be the same in order to let you lose your money, in addition, if you were trying to withdraw funds they will deduct 0.001 BTC per transaction where you will find yourself in a total scammy process, stay away of them guys.
#3 Ryan Higgins
Be very careful about buying from this company. They continually increase prices, this has nearly doubled in 6 months. They are just trying to bleed money out of people.
#4 Lars Keiding
I’ve been trading on Hashing24 for the past three years, and I’ve enjoyed their service. Unfortunately, I came across the same problem as all the others writing reviews inhere.
One of my contracts had a maintenance cost and I didn’t have autopay on. This caused them to terminate my 200euro contract WITHOUT ANY WARNING. I never received an e-mail or a warning that the contract would be terminated and I had no idea.
I spoke with the customer service team who told me they couldn’t do anything to retrieve the account.
This is a horrible way of making money for investors and I sincerely hope this post will make people think twice before using Hashing24.
Visit the official website below to know more about this cloud mining platform, see more reviews on it, and eventually start mining.