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A New Player in the Cloud Mining Market. Advantages of Hashtoro

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Hashtoro is the fastest growing cloud mining company offering 3 cryptocurrency contracts to choose from. Namely litecoin cloud mining, bitcoin cloud mining, and ethereum cloud mining. Although newer to the scene, Hashtoro’s core team consists of professional cryptocurrency experts, who have experience in handling, building, and maintaining a vast number of servers for clients.

The company offers a secure and simple way to get computing power without having to buy hardware to mine cryptocurrency. It provides cryptocurrency solutions for everyday users and for agencies that want to get into mining cryptocurrency. But can’t afford to buy or set up mining machines, or that want to broaden their portfolio by using hashtoro.com’s platform. The company has their devices placed in different European centers, in countries convenient to the crypto industry. Hashtoro’s data centers are set up in Finland and Norway. The company takes security at data processing centers seriously, so the exact location of the mining farms is not revealed.

Moreover, Hashtoro continues to acquire hardware as fast as possible to maintain customer demand and aims for a record time in deployment. Their cloud mining service also allows clients 24/7 live coverage access to a portion of their hardware.

Why Should You Consider Cloud Mining?

For miners who don’t want to deal with buying and setting up machines or handling the waste heat, cloud mining is a wonderful solution. It’s quite tricky to set up a miner in your own apartment.  Even a single S9 ASIC miner would heat it up so much that you would have to turn off the heat in the winter. Hooking up, say, 3-5 to miners would require over 5kW capacity, but a typical two-bedroom apartment doesn’t even get that much at the outlet.

Besides, the noise level would be so high that staying in the apartment would become unbearable. I think we will see more services offering cloud mining this year.

To assemble a card-based farm, you have to have specific skills in assembling and setting up hardware. The most common option is to make a farm of six GTX1080 graphics cards. And prices for those graphics cards can vary significantly, from 550 to 1100 Euros.

You would have to constantly monitor that kind of farm, worrying about keeping it cool and free of dust.

These are some of the reasons why you should choose a cloud to earn your coins.

Advantages Of Choosing Hashtoro

  • Instant activation

You can mine for Bitcoin and altcoins by using the cloud mining service immediately after payment. Clients receive daily payouts.

  • Rapid withdrawal

The service offers an easy-to-use withdrawal feature with a reinvestment option.

Detailed and easy-to-understand analytics, available on demand.

  • Neural net

Their software is built on state-of-the-art machine learning algorithms and neural nets in order to maximize client profits.

The company is certified under the PCI-DSS standard. An efficient security protocol secures all the data.

How They are Different From Competitors

The company offers mining opportunities even to those with low budgets, as its platform has low barriers to entry. This is its primary advantage over competitors. You can start on their platform for 20 Euros. That is the minimum plan available. They usually buy up Bitmain equipment and spin it up. So, that gives them a hash rate increase of 10-20%.

Another advantage they have over competitors is low service fees and availability of unlimited contracts. All other companies in the market do not have an unlimited contract feature, and their prices are higher.

How Does Their Mining System work?

The company seeks out cheap spaces with 5MW hookups and higher (from that threshold and up, Finland has lower rates for electricity).

Typically these are from bankrupt lumber-sector companies. In those cases, the cost of leasing space is very low. After signing the lease agreement, they hook up the wiring for their needs and sign a contract with the energy company. After that, they bring the equipment into the data center. They use the products they develop themselves to manage a large number of miners. A space with 5MW hookups lets us install about 3000 Bitmain S9 miners.

Which makes it possible for them to offer lower service fees than the competitors, so where other companies are offering 10 TH/s for 2800 Euros, Hashtoro provides you the same power rate at 400 Euros. Which consequently, allows you to purchase an annual contract for 100TH for just $6000. And with that much mining power, you can recoup your investment within one year.

A Powerful Monitoring Software

The company’s software is based on machine learning algorithms and neural net models. To help achieve the necessary pool and extract maximum profit. This allows you to maximize the income you can get from the hash rate you buy.

The figures for the daily evaluations and income forecasts are always within reach. You can withdraw your cryptocurrency at any time using fast and easy-to-use tools, including an option to reinvest your income.

Safe Infrastructure

Its infrastructure is powered only by renewable energy, and the hot air made by mining is directed to heat pumps, while the hot water is pumped into the nearby heating system.

Additionally, all the coins mined are transferred to cold storage and payouts are performed manually once a day.

This way, no criminal can steal the Bitcoin mined by clients. Which makes Hashtoro, one of the most profitable and ecologically safe cloud services.

ABOUT HASHTORO

The company was founded in May 2018. Hashtoro.com is a cloud mining cryptocurrency service. It offers a safe and simple way to get computing power to start cloud mining bitcoin, litecoin, and ethereum. The company provides cryptocurrency solutions for both everyday users and business entities. Hashtoro is suitable whether you want to get into mining on a low budget or diversify your current portfolio.

The company’s data centers are set up in Finland and Norway. Countries, favorable to the crypto industry.

Primary competitor’s advantage is that the company offers low budget cloud mining opportunities. The cheapest cloud-mining contract will cost just 20 €.

Moreover, Hashtoro’s infrastructure is powered exclusively by renewable energy. The hot air generated by mining is directed into heat pumps, while the hot water is pumped into the adjacent heating systems. This is why hashtoro.com  has become one of the most profitable and ecologically safe cloud mining services.

Source : CryptoCoinNews

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Founder and Editor-in-Chief of ‘Coinotizia’. Technology Evangelist, Security Analyst, Cryptocurrency Investor, Cyber Security Expert, PHP Developer and Part time hacker.