A tutorial to Hashnest – A cloud mining service backed by makers of quality mining rigs, Bitmain

Hashnest is another cloud mining platform and is operated by Bitmain, the manufacturer of Antminer Bitcoin mining rigs. It is based in China and was launched in 2014 by Bitmain and Umisoo. Hashnest is also one of the most trusted trading platforms. It has a 99.9% uptime on a global scale. They provide detailed statistics to their users. They also offer inexpensive mining contracts and low maintenance fees.

 

Everything is simple and fast in Hashnest. From registration process to purchasing mining power. As soon as you have purchased mining power, they will instantly start mining for you. They credit mining rewards every hour. They offer an interest rate at about 25% to 35% APR. Also, they offer Auto-invest feature which automatically reinvests users income from mining in the market place, therefore increasing more hash power without doing anything.

In this tutorial, we are going to provide a step-by-step guide on getting started, buying hash power and withdrawing your earnings from Hashnest.

How to get started with Hashnest?

  • Get started with Hashnest by signing up an account. Click on the person icon then click on Sign up option
  • You will be taken to Bitmain which is the operator of the cloud mining service. Enter your email address, your desired password, and the verification code. Agree to the terms of service then click on Create Account button.
  • Go to your email and confirm your account by clicking on the link provided in the email sent to you from Bitmain
  • Click on Sign In and enter your login details then click on Login
  • Complete your Security Settings such as Google authentication, SMS verification, and a Security question
  • Next, fund your Hashnest account. Go to Hashnest.com by clicking on the Hashnest menu
  • On the Hashnest screen, click on Wallet menu to start funding your account
  • You will then be asked to provide a Trade PIN which you will use when trading and withdrawing funds.
  • On your wallet section, click on < Deposit button
  • You will then be provided with a deposit Bitcoin address. Use this address in sending funds into Hashnest
  • Once your account is funded, you are now ready to earn some income

How to start earning a profit with Hashnest?

There are two ways to earn a passive income with Bitmain Hashnest.

  1. The first one is to Buy the miners Directly

    • Click on the Hash menu on the left side of the screen to see a list of miners available. Click on one of the available rigs to see its price and maintenance fee.
    • Purchase hash power by clicking on the Shop tab. Enter the amount you want to purchase, agree to the terms of service and click on Purchase Miner to Hash. Hash rate will take 3 days to be credited to your account then you will automatically start earning income passively.
    • You can also trade your GH/s to other investors at the same time you can buy GH/s in the Market instead of buying the whole miner in the Shop
  2. Another way is to Buy a PACMiC v4 contract
    • Click on PACMiC v4 under the Contract menu. You may also read the whole Terms of Service to get the whole idea of it.
    • You can purchase a minimum amount of 1 TH/s which is equivalent to 1,000 GH/s and is worth 1 BTC.
    • You will earn a part of your principal plus a small amount of profit for every block that Hashnest mines.
    • You can turn-on Auto-Rebuy to automatically purchase a new hash rate using your payouts.

 

In withdrawing your funds, go back to the step where you learned how to deposit funds. Click on Withdraw > and then enter your withdrawal address, amount, and your Trade PIN. Click on Withdraw button.

 

This guide is also a way to promote our tips and tutorials on our blog. Everything is free.

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