How is Hashnest the better cloudmining site?

We are giving you top 7 reasons to start your cloudmining at Hashnest 😉 

1. Trade your hashrates at Hashnest

One distinctive feature of Hashnest is that users can buy hashrates or sell hashrates freely on Hashnest. Every type of hashrate has its own market.

For users who prefer to start small and do not want to commit to a full miner’s mining contact, they can buy any amount of hashrates they feel comfortable on Hashnest Market. If you are lucky, you can discover great discounts on hashrate prices by trading at Hashnest.

Users who are already familiar with cryptocurrency may find the trading arena exciting, especially when the coin prices are soaring high. Some sell their hashrates to ROI faster; some buy even more hashrates in view of the nearing bull market run to mine more coins.

2. Seamless mining to exchange service at Hashnest

Hashnest will be partnering with an exchange (pssst, do not ask who, we are keeping it a secret for now!) to bring about the best cloudmining experience. You do not need to open another tab to transfer your coins over to exchange. By integrating the exchange UI onto Hashnest, users can exchange on our website directly. From mining coins to exchanging them for cash, Hashnest is making the process from start to finish so simplistic! 

3. 100% mining data and price transparency

Hashnest calculates payouts and maintenance fees based on solved block frequency. A great partnership with Antpool also allows us to transmit real-time mining reward data. Users can monitor their block height, time solved and amount of payout in great details on Hashnest. You may also learn more about your expected payout here: What are my expected payouts?

All mining contract prices are upfront. There is no hidden maintenance charges on Hashnest. We state the fees at the very page you purchase. We even have the calculation formula to show you how we charge mining maintenance.

4. Lower electricity fee and power stability

Internationally, Hashnest has perhaps one of the lowest electricity fees on the cloudmining market. We currently charge US$0.075 per kWH, which makes us on average 20% cheaper than other cloudmining sites. Moreover, we offer discounts on the electricity fees from time to time!

We pride ourselves on reliable and stable in terms of power. Once your mining contract begins and your miner is deployed for mining, Hashnest guarantees a 100% uptime during the miner’s warranty period. This means that if you have a mining contract with us, during its warranty coverage, we will continue to distribute your payouts if even the power is down (but our power hardly malfunctions).  

5. No time limitations

Hashnest does not sell timed mining contracts, means there is no 3-month mining plan or 6-month mining plan on Hashnest. When users purchase our mining contract, it lasts for good. So users can expect their mining to last a lifetime, as long as the market persists. 

It’s extremely advantageous for users who want to mine long term. Imagine the amount of coins they could acquire during the long mining period, there’s no end to it! 

Users who are keen in short-term profiting can use this as an opportunity to earn extra returns by selling off your hashrates on our trade market when you feel like you are done with cloudmining and want to happily retire.

6. We are expanding

We are now looking to own a wider array of products. So you won’t be see only Bitmain’s Antminers, you will be seeing different manufacturers onboard Hashnest. 

Hashnest evaluates the credibility of the manufacturers, hardware technology and market performance before we decide to introduce a product or not. Customers’ interest is also a huge factor we consider. If you have something you would like see us sell, feel free to let us know!

7. We don’t overpromise

No, we really don’t overpromise our customers. Hashnest is very honest when it comes to prices, fees, payouts and ROI. You will not hear us telling users that they will be guaranteed a return in xx months. In fact, we advise customers to exercise caution and invest in cloudmining only when they accept the risks involved. We also share profits and ROI table calculations in our community to encourage thoughtful discussions, be it the good or the bad.