Why Was This Created? There are a lot of calculators out there already, but I couldn't find one that allowed me to calculate compounded reinvestments. Also, their calculations are not precise since they assume that the mining difficulty doesn't change over time, the Bitcoin to USD price remains the same, and they also do not minus maintenance fees. So when you're trying to check how much a HashFlare contract would give you in a year, most likely others would show you very high and unrealistic returns.
Lastly, to be honest, I also wanted a way to get by creating a tool that people may find helpful:) - Benjamin.
• Dec 10th, 2017 (Updated Jan 28th, 2018) • This guide gives the profitability of HashFlare cloud mining contracts in December 2017. The numbers in this guide were calculated on 10th December 2017, we've posted a new guide for 2018 (this guide is useful to compare against in the future). Calculations are made using our cloud mining calculator, try it out here: If after reading this you still want to buy a contract (we encourage you to do your own research too, there's a very real risk that you might not get your money back with cloud mining), use our! DISCLAIMER: This site cannot substitute for professional investment or financial advice, or independent factual verification.
Cloud mining is an alternative to real mining. HashFlare was launched in the beginning of 2015. Bitcoin Cloud Mining Calculator Bitcoin Cloud Mining.
This guide is provided for general informational purposes only. Anything Crypto is UK-based and not regulated by the FCA (Financial Conduct Authority). The group of individuals writing these guides are cryptocurrency enthusiasts and investors, not financial advisors. The ideas presented are our analysis, learning & opinions on a range of cryptocurrency topics. Trading or mining any form of cryptocurrency is very high risk, so never invest money you can't afford to lose - you should be prepared to sustain a total loss of all invested money. This website is monetised through affiliate links.
Where used, we will disclose this and make no attempt to hide it. We don't endorse any affiliate services we use - and will not be liable for any damage, expense or other loss you may suffer from using any of these. Don't rush into anything, do your own research. As we write new content, we will update this disclaimer to encompass it. Related Guides.