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Best Bitcoin Mining Pool Settings on HashFlare

Best Bitcoin Mining Pool Settings on Hashflare

Cloud Mining is a service that allows users to invest in cryptocurrency mining without the need to select, buy, and maintain cryptocurrency mining equipment, which requires a certain degree of technical knowledge. It allows users to purchase mining contracts in which they rent mining equipment for a certain period of time. 
There are many ways of investing in cryptocurrencies. The most common are to trade them or buy and wait for the price to go up. However, these require a certain degree of research and/or rely on price speculation. 
Cloud Mining relies on the premise, not that the price will go up, but that the network is stable and that mining conditions will remain favorable. Higher prices attract more miners and increase the difficulty (reducing payments for miners), while a stable network ensures predictable payouts and a foreseeable return on investment.
If you want to tell your friends that you are mining crypto and you want to help the network grow then get a mining contract. If you expecting to make a lot of money out of it, you may want to consider another investment or source of revenue.

What is HashFlare

HashFlare is a cloud mining service provided by HashCoins, a reputable crypto team that has been involved in blockchain since the inception of Bitcoin and has over 3 years of experience in cryptocurrency mining operations.
HashFlare makes cryptocurrency mining accessible to anyone for an extremely low entrance point, meaning that anyone can try out a contract on a small scale to test the system. Furthermore, Mining is not the only way you can earn with HashFlare, you can also profit from an affiliate agreement.
HashFlare's mining equipment is stored in a hi-tech facility, design to house and host cryptocurrency mining equipment, which is kept within the best temperatures to ensure the longevity of the equipment and its performance. Furthermore, HashFlare contributes to decentralization by allowing you to choose between multiple mining pools.

How To Buy a Mining Contract

I'm going to show you how to buy a Hash power for Bitcoin mining but HashFlare also provides contracts for Bitcoin, Ether, Litecoin and Dash.

Step 1: Click here to register an account with Hashflare

HashFlare Bitcoin Mining

Step 2: Enter your account information and click "Register"

Login to Your Hashflare Account

You will be taken to your Dashboard. This is where you will perform all Mining related operations and where you'll be shown all relevant announcements. We can see in the announcements that we need to confirm our account and to provide a withdrawal address, so let's get to it.

Step 3: In order to be able to withdraw funds, confirm your email address


Step 4: Now we need to add a Bitcoin address to receive payments. Click "Settings"


Step 5: Enter your Bitcoin address in the correct field (1) and click "Save" (2)


While you're in settings you can also configure your personal details (This may be required if you want to pay with credit card or bank account) and active 2-factor authentication to improve security. You can also select a cool Avatar.

Before You start you have to buy Hashrate!

I just dida quick snapshot how to create an account on HashFlare, but What's the Best Settings?

Everytime you change your mining pool setting, you see the payout go far less than previous day.

I wanted to find out what was the best setting I should have set.
To see that, I needed the payout data of all the mining pools, which is "Antpool, BTCChina, BW .com, F2pool, Slush".

Now I'm showing those info on my spreadsheet.

You can see it doesn't differ much, but it does a little, and the best mining pool setting changes day by day!!!

Follow me every day what's the best mining pool settings!

Best Mining Pool Settings on HashFlare in December 2017

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