F.A.Q.

Last Update 5 months ago


What is MyHashFlare?

MyHashFlare is a real - time company designed to provide crypto - cloud cryptocurrency production. The company has terrains and premises equipped with modern cryptocurrency mining equipment. The technical capacity of the company is nearly two hectares, and the yield is realized in an area of ​​nearly eight thousand square meters. Our engineers and technicians are highly skilled and experienced in the efficient operation of our machines. The premises meet the European quality standards and are guarded around the clock. The production capabilities of MyHashFlare have all the necessary fire protection measures and have insurance against fire, theft and other possible hazards. The company's capacities are increased weekly, and the cryptocurrencies yield is continuously improved with the latest available hardware.

What do we get?

We maximize our users with a program that allows each customer to have daily access with a personal password to their own account in which they can track extraction parameters, terraces, maintenance, net profit, and other opportunities for easy reenactment. MyHashFlare aims for complete clarity, transparency and trust between the two sides.
As our cryptocurrency mining company and its user base grew, new mining farms were built up and several additional people hired, specifically programmers and engineers.

Why us?

The company takes care very responsibly and carefully for its clients by taking a strategy that minimizes risk. The location where production facilities are located favors the success of the company as they are in a country where electricity charges are low compared to other EU countries. We are all strong believers in the future of digital currencies and we love being part of this growing community! The team of MyHashFlare has always put the task of making mining accessible not only for cryptoenthusiasts but also for common users.

What goals do we have?

MyHashFlare was founded as an innovation-intensive startup dedicated to cryptocurrency. We’ve developed the world’s top Bitcoin mining pool with the most advanced deployment technology. We’ve also released mining pools for competing coins and cloud mining products. More new product and services are in our pipeline, our ultimate mission is - Via cryptocurrency, Making The World A Better Place. Our team has been involved with cryptocurrencies since the inception of Bitcoin and has over 3 years of experience in the field of mining crypto currencies.Our goal is to make mining accessible to all users regardless of age, locatotion, technical know how or experience. We want to give our customer an opportunity to try out cryptocurrency mining and earn Bitcoin as a reward. On a larger scale, we hope to contribute to the development of mining services.
Cloud

What is Cloud Mining?

Setting up mining rigs are for those who are skilled technicians, can solve tricky complications, and generally see the fun in maintaining a complex construction. Cloud mining is for those who want to have the benefits of cryptocurrency mining without maintaining any mining equipment. For most people these are annoying, unnecessary difficulties, and our solution is targeted exactly at them. Cloud mining or cloud hashing is a new online concept, which allows users to create pools but not individually. They are able to make an aggregate mining with other users mar they used this concept. When the bitcoin mining is create in the cloud, the users will avoid the problems such as: hosting, electricity consumption, soft installation, connectivity issues, extra payouts, annoying noise and more others. Bitcoin Cloud mining is more advantageous for users because they will earn extra revenue avoiding the normally risks. All of this by an INSTANT SETUP: no system building or software configuration.

Why do we use it?

“Cloud” Mining or Mining-as-a-Service is the process of cryptocurrency mining utilising a remote data centre with shared processing power. Like MyHashFlare, this type of mining enables users to mine cryptocurrencies without managing the hardware. Mining rigs are housed and maintained in a facility owned by a mining company and the customer simply needs to register and purchase mining contracts or shares. Unlike MyHashFlare, cloud mining is provided as a service, with you, the client, simply paying the company to lease you “hashing power”. Management costs are generally high (and not very transparent) and this lowers your returns. The MyHashFlare approach is different. We are creating a community and will build and manage our mining centers on behalf of that community, with an equitable distribution of all output and transparent accounting. We do not anticipate maintenance costs will exceed 4–5 percent of output. Cloud mining services offer fixed-term agreements, usually not exceeding one year. After the agreement expires, your investment is lost and you have to buy in anew, usually at approximate price of a new ASIC miner.