Hashtoro Review: Is hashtoro.com bitcoin cloud mining reliable? Is Hashoro another Ponzi scheme? Read our review to see what experts have to say about Hashtoro cloud mining.
What Is Hashoro.com- Is Hashtoro Safe?
Hashtoro.com is a bitcoin cloud mining platform that has been operating since April 2018. This platform offers four contracts for mining Bitcoin. Zcash, Litecoin, and Ethereum. Their software is allegedly based on machine learning algorithms and neuron networks models to help taking the appropriate pool to make the most profit. Therefore, they claim you can get the maximum earnings from the hashrate you bought.
How true is this? There seems to be contradicting reviews online about this bitcoin cloud mining platform.
Hashtoro.com Contact and Customer Office
Hashoro’s company is headquartered in United Kingdom, however on their About Us page they claim they placed their hardware in several European datacenters in countries loyal to the crypto industry that diversify their risks.
Mail – [email protected]
Address- Suite 1111 85 Great Portland Street, First Floor, London,
United Kingdom, W1W 7LT
Is Iq mining worth it? Read more in this Hashtoro 2020 reviews.
A User’s Experience With Hastoro
After reading a review about Hashtoro, I decided to try it. So I purchased the 2500 GH/s of SHA-256 1 year cost €100. Hashtoro’s revenue forecast would be 0.00009036 BTC or 0.501 EUR a day that is 0.03298140 BTC 182.96 EUR a year. However, after a couple of weeks using Hashtoro the logs tell me:Culled From Trustpilot
Fee for 2500 GH/s of SHA-256 (for 24.0 hours): -0.00009034 BTC
Accrual for 2500 GH/s of SHA-256 (for 24.0 hours): +0.00009055 BTC
And on regular base:
Maintenance fee is greater than mined revenue for 2500 GH/s of SHA-256 (for 24.0 hours). Accrual is paused. Not sure on which BTC price they base their forecast, but to me it looks like a complete fake now. Unlike most miners, I feel lucky as I had this mining with a very small investment.
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- You can go for a more profitable cryptocurrency.
- Has been operating since April 2018.
- Accepts various payment methods- Bitcoin, Visa, Master card, SEPA, Montero, Ethereum, and Bitcoin Cash.
- The Company Hashtoro LLP was dissolved on 15 October 2019. You can check here for proof.
- Lacks regulatory document- This means it is not licensed, thus there are no financial regulatory bodies acting as watchdog over their services.
- The platform does not disclose the amount users can gain by mining with them. Thus, you don’t know what to expect.
- They failed to disclose their cloud mining location
Final Thoughts On Hashtoro Cloud Mining
We are skeptical about this mining platform. Having listed the pros and the cons, you can see the cons are greater than the pros. We would advise you to tread cautiously.
There are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We’ve taken out time to research on legitimate platforms for you.
INTERESTED? Sign up to a trusted cloud mining platform here