Quick Hashflare Update with Promotion Codes and BitCoin Price Prediction
Hashflare is a cloud-mining site and division of Hashcoins. They have been in and around mining since 2013 and even built their own miners. However, there are a lot of people that do not trust the platform and wonder if they have the equipment associated with the amount of hashing power sold.
I tend to believe they are legitimate based on length of time as a company and the endeavors their parent company oversees. My advice is to only invest in things that you are personally comfortable investing in and only with money than you can afford to risk. This should be your personal motto for all of cryptocurrency, stocks, real estate, and anything else that could potentially cause your money to vanish.
The purpose of my channel is to chronicle my journey in crypto and be a good source of information for people that are like me and intrigued by various coins, platforms, and technology. So, I like doing mining videos and give my personal opinions on things like Hashflare.
The alternative of buying an Antminer S9 is almost improbable because of secondhand cost and being able to begin mining right away if you purchase from the manufacturer Bitmain. Their orders are sporadic without much warning and the cost recently doubled to around $3,000USD after shipping. Not to mention you won't receive the actual miner for a few months.
Another reason I choose Hashflare is that I cannot run an S9 in my apartment because of the wattage and the noise of the miner. So, it is a perfect investment risk for me.
I hope you enjoy the video and if you believe Bitcoin will be a $50,000USD coin by the end of 2018 like me, then buying hashing power might be a valuable investment.
Hope this information helps!
Links:
Cloud Mining Explanation
https://en.wikipedia.org/wiki/Cloud_mining
Hashflare Parent Company
https://hashcoins.com/
Hashflare Site with My Referral (Only Use If You Want To)
https://hashflare.io/r/A9FF68E4
Hashflare Site
https://hashflare.io/
Youtube Channel
https://www.youtube.com/MyCryptoverse
@mycryptoverse