Hash Profit is a cloudmining service registered in Cyprus but has datacenters located in various regions in Russia. It boasts promising technology and hardware, together with a skillful team that manages the mining operations. This website is currently available in English and Russian languages, and it reports to have more than 120,000 registered users.
Cloudmining Services
Cloudmining is becoming the popular mode to profit from Bitcoin mining, especially now that manually mining the coins typically require more money to purchase expensive hardware and to pay higher electricity bills besides the noise pollution this process brings. With Hash Profit, you may earn profits and save money by simply buying 1 Mh/s of hashpower for only $325 as compared to assembling your own hardware and operating the mining process, which may cost $800. However, it should be noted that all mining contracts are good for two years, and they cannot be sold unlike in other mining service providers. Therefore, should you decide to discontinue participating in cloudmining on this brand, you must have to stick to the contract. Likewise, it is worth mentioning that you will not be mining for bitcoins here; instead, altcoins are mined and are converted to Bitcoin afterwards. By using the SmartMining technology, cloudminers are guaranteed exceptional services and results favorable to them and the brand.
Daily BTC Payouts
Despite the fact that cryptocurrencies and not Bitcoin are the ones being mined, all of the earnings you as a miner will receive are in bitcoins. To make things better, for everyday that counts after buying hashrate, you will be paid daily the corresponding earnings based from the total amount mined through your contract for that day. However, a minimum withdrawal amount of 0.005 BTC must be met. According to Hash Profit, the payouts are in BTC in order to maintain anonymity, decentralization, and safety for itself and its customers.
ProfitCoin
Aside from offering cloudmining services to miners who prioritize convenience and efficiency, this brand has also developed its own alternative cryptocurrency that is based on X13, one of the most modern ASIC resistant protocols. It is backed by the mining power of this mining website, and it can be used to purchase hashrates. Unlike with the use of Bitcoin in buying Kh/s, ProfitCoin transactions are processed immediately without any need for confirmation.
Account and Support
In order to begin participating with the cloudmining services offered on this platform, it is a requirement to register. However, signing up with this brand is as easy as 1-2-3 because only a valid email address is needed in order to open an account. Meanwhile, in the event that you come across some problems or if you have concerns, you may request for assistance via the phone number posted on the website and through the email addresses available. Take note that there are three email addresses provided, so choosing the most appropriate recipient will yield faster and more accurate response. All replies, nevertheless, will be received within 24 hours.
Conclusion
The mining revenue with Hash Profit is promising as you can more than triple your ROI by the end of your contract. The cloudmining experience here is on the positive side of things, and the ability to profit on a daily basis is one aspect that will surely make you begin investing in this brand. To experience it yourself, go ahead and register to buy sufficient Kh/s to suit your mining preferences.
