Hashing24 Reviews

Headquartered in Glasgow, Ireland, Hashing24 is a Bitcoin mining company founded by David Martin in 2012. The company has partnered with industrial mining equipment supplier BitFury with its data centers located in Canada, Norway, Iceland, and Georgia.

Hashing24 is not available to United States residents due to internal policies and regulatory restrictions. According to the official website, “Hashing24 does not provide services for USA residents.” The website is unavailable to all North American residents.

Hashing24 does not want to take any compliance risks with U.S. regulations and requests users from North America to refrain from setting up an account.

You can start mining with a one-time payment of $8.58. Hashing24 charges a maintenance fee of $0.00033 per GH/s per day and will be deducted from your mined BTC volume daily.

When you make the one-time payment, Hashing24 will give you hashpower to match your contract terms and period. Your contract and service will be canceled if you fail to pay the maintenance fee for 3 consecutive days.

Hashing24 offers both short-term and long-term mining contracts. The shortest term plan is 12 months, while the longest is 30 months.

Hashing24 gives you the freedom to adjust the volume and duration of the contract. If contracts are sold out on the website, you have the option to buy or sell mining contracts on the trade desk in the trading room.

You can make a withdrawal request any time and the minimum withdrawal amount is 0.0007 BTC. Hashing24 processes withdrawal requests the next day (UTC) after you make the service request.

The auction tool on Hashing24 provides a secure platform where you can buy or sell Bitcoin mining contracts. You can use the auction tool to win new lifetime contracts.

To place a buying or selling bid, you have to go to the Trading Room section of the website and begin the auction process. You first have to choose your preferred maintenance cost plan—limited or lifetime.

You then have to enter all the buy or sell contract parameters on the Trade Desk. Then, click "Add to Buy List" or "Add to Sell List" to complete the process. The Minimum contract amount cannot be lower than 0.00000001 BTC. The buyer or seller can cancel their request any time before the auction on the Trade Desk.

Your per-day earnings depend on several factors like difficulty, block reward, and blocks mined. Mined coins will automatically be added to your balance. Hashing24's payout system is based on the overall network hashrate with a 100% guaranteed uptime.

Your payouts will also differ based on the size and type of contract and real-time market conditions. On average, you can earn about 2-3% daily on your investment.