Hashshiny Review 2023: Is it Scam or Legit?

Written by Lisa

November 23, 2022

Hashshiny review

Hashshiny looks promising for crypto miners with its cloud mining services. Check the detailed Hashshiny review below to find out more Hashshiny information, positive reviews, negative reviews, and how to start mining.

Hashshiny is a cloud mining service that provides a variety of features. Automatic reinvestment, a one-time license, lending services, and the ability to buy and sell hashrates are just a few of the distinctive features provided by Hashshiny. Hashshiny lacks some standard features, though, like regular subscription and 24/7 support. Overall, Hashshiny is a fantastic choice for those looking to enter the world of cryptocurrency mining.

Hashshiny might be the chance you’ve been looking for if you’re interested in cryptocurrency cloud mining. To learn more about its features, mining strategies, and other information, read this post all the way through.

What is Hashshiny?

A cloud mining service called Hashshiny gives users the chance to earn money by mining bitcoin and other cryptocurrencies. While it was established in 2017, its website didn’t launch until 2022.

Hashshiny already offers numerous innovations to the crypto industry chain and aspires to eventually enter the global cryptocurrency market. Kazakhstan and Myanmar are home to their current data mining facilities.

Hashshiny
Hashshiny Website

The features of Hashshiny are listed in the following section.

Basic Features:

  • Currency Supported: Bitcoin, Ethereum, ZCash, Litecoin, Dash, Doge, Decred
  • Minimum: 10 $
  • Daily payouts
  • Mobile App
  • 24/7 Support

Additional Features:

  • Mining calculator
  • Pool allocation
  • 2FA security
  • Mining switch
  • Referral program
  • Hashrate graphs

How Does Hashshiny Work?

Users of Hashshiny have the option to mine bitcoin and other cryptocurrencies. Hashshiny uses the cloud to make it possible to mine bitcoins by utilizing distant data centers and a pooled processing power. You can mine for bitcoins or other cryptocurrencies using this cloud mining service without having to worry about maintaining the hardware. To use the mining rigs, which a mining company stores and maintains, all you have to do is register and buy contracts.

You don’t need to be concerned about your mining hardware being harmed or improperly used because Hashshiny won’t use the GPU or CPU of your device to mine cryptocurrencies or run unrelated background processes.

Read More: 26 Best Free Bitcoin (BTC) Mining Websites

Hashshiny Product and Services

Hashshiny offers the following services:

Mining Plans

Six mining plans exist for Hashshiny. Each one corresponds to a specific coin that was mined on the platform. In alphabetical order, the coins are: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Decred (DCR), Dash (DASH), and Zcash (ZEC).

Each mining plan also includes a 2-year time frame. The payouts on the users’ investments, however, come every day. As soon as the purchase of any plan is confirmed, the mining process begins. For the purpose of mining these coins, Hashshiny employs the most recent ASIC and GPU rigs.

There is a specific amount of mining power, or hashrate, for each plan. The revenue generated daily is determined by the hash rate and the price of cryptocurrency at the time. Additionally, each plan-specific daily maintenance fee is charged by Hashshiny.

The user takes home the money that is in the difference between this maintenance fee and the daily revenue.

Therefore, none of the plans are associated with a specific profit.

Hashshiny Mining Plan
Hashshiny mining plant

Note:

  • Upon registration, new users get a bonus 5TH/s SHA-256 BTC hashrate.
  • 24 hours after buying a plan, users get their first payout.
  • They will then get daily payouts in accordance with their selected plan.

Referral Program

Each user receives a special referral link after registering on Hashshiny.

They can ask their friends to sign up for the platform by sending them this referral link.

From payments made by their referrals, Hashshiny pays users 10% commission.

Every user’s dashboard will easily contain the referral link.

Hashshniy referral program
Hashshniy referral program

Buy Bitcoin

Using a credit or debit card is another option for users of Hashshiny to purchase bitcoin. A user’s dashboard is where they access this service. On the left task bar, there is a button that says “buy bitcoin.” Upon clicking it, a form will show up on the right side. To pay and receive bitcoin in your wallet, fill out the fields.

Note: Payment can only be made in USD

Payment Methods, Transaction Limits and Fees

Payment Methods

You can pay using any method that is convenient for you:

  • Credit card
  • PayPal
  • WebMoney
  • Dotpay
  • DOKU
  • Boleto
  • Alfamart
  • European bank transfer, etc.

BTC, ETH, LTC, USDC, and DAI are also accepted as forms of payment.

Limits

The Hashshiny Mining Plans table in section 3 lists the minimum hashrate required for each mining strategy.

There is no upper bound on hashrate. The amount users pay is entirely up to them.

For “buying bitcoin,” the minimum and maximum values are 30 USD and 500 USD, respectively.

Then for withdrawal of funds, this is the minimum a user can withdraw for each coin:

  • BTC – 0.00015
  • ETH – 0.004
  • ZEC – 0.007
  • DCR – 0.025
  • DASH – 0.015
  • LTC – 0.05

There are no maximum withdrawal amounts.

Fees

Additionally listed in the table in Section 3 are the transaction fees (maintenance fees) associated with each mining plan.

A transaction fee of $2.5 is assessed when “buying bitcoin.”

Then for withdrawal of funds, these are the fees:

BTCETHZECDCRDASHLTC
Fees0.0050.150.250.80.30.6

Let’s look at how you can mine cryptocurrencies on Hashshiny right now.

How to Mine Bitcoin and Altcoins on Hashshiny

Cryptocurrency mining on Hashshiny is a simple process.

After registering on the site, you’ll need to obtain a hashrate, which can be purchased by heading to the “Buy Hash” link on the left side of the site. There is no maximum purchase amount; there is a minimum purchase of $10. Within an hour of getting the hashrate, mining starts automatically. From your initial investment, the website pays out once every day and then repeats that process every day.

Each plan’s daily maintenance fee is charged by Hashshiny; however, the user keeps the difference between this maintenance fee and the daily revenue generated. The primary contract on the website for the sale of the major cryptocurrencies is a two-year hashrate contract. Among others, these include the highly prized cryptocurrencies BTC, LTC, DASH, ETH, and DCR.

Hashshiny cloud mining
Hashshiny cloud mining

Listed below are the steps to follow:

  • i. Visit Hashshiny.io and click on ‘Sign up’
  • ii. Complete the registration form and select ‘register’
  • iii. Your registration will be confirmed by mail.
  • iv. You’ll be taken to your dashboard on the Hashshiny website once your confirmation has been received.
  • v. You can choose the coin you want to mine right now from your dashboard.
  • vi. Select the quantity of hashrate you want to purchase by clicking “buy hash” after that.
  • vii. The specifics of your intended purchase will then be displayed to you.
  • viii. The plan can then be purchased using your preferred payment method.
  • ix. Once your payment has been approved, you can start mining and start getting paid when it’s time.

Hashshiny Support Team

Facebook, Twitter, and LinkedIn handles are present on the home page, but they only lead back to the top of the page. However, users can use the support ticket to receive answers to their questions.

I tried it and I received a reply in my mail box in a matter of minutes. My subsequent emails to [email protected] at that address were immediately answered.

Hashshiny Reviews: Positive & Negative

Hashshiny Trustpilot Reviews
Hashshiny Trustpilot Reviews

Users have mentioned that there have been some problems with money transfer as one of Hashshiny’s drawbacks in their reviews. People have griped that they didn’t get their payments on time or that it was taking too long. Additionally, there have been a few issues with the app store listing, which has prevented users from finding the app quickly. Additionally, some users of Hashshiny feel that the free version does not provide enough features, which has left them disappointed.

Reviews do, however, also point out a number of benefits. One is that Hashshiny provides a money-back guarantee, giving users peace of mind knowing that they can get their money back if they are not satisfied with the service. Another benefit is that consumers believe Hashshiny to be superior to competing products of a similar nature. Users esteem it as a fantastic cryptocurrency mining tool and value the staff’s willingness to assist with any issues. In addition, a lot of people think that Hashshiny’s free version is actually quite good and provides more than enough features for most users.

Positive Reviews:

  • Really appreciated by its users
  • Good value for money
  • Lots of long time users
  • Money back guarantee
  • Free version is great
  • Better than the rest
  • Great staff

Negative Reviews:

  • Suspected scam
  • Money transfer issues
  • Don’t waste your time
  • Problems with app store listing
  • Disappointing free version
  • Hidden costs
  • Data loss

Conclusion: Try Hashshiny

Overall, Hashshiny appears promising for those who want to mine cryptocurrencies with cloud mining. If you decide to give it a try, only invest money you can afford to lose. We’ll close the curtains on this Hashshiny review here. I sincerely hope it was worth your time.

What has your experience been like if you mine on the platform? Now, please leave your comments with your answers.

Please share this article with your friends.

Hashshiny FAQs

Hashshiny FAQs

Is Hashshiny Safe?

Given that there are more favorable reviews than negative ones, Hashshiny might be worth a shot.

Second, despite what can be seen in the ratings on well-known websites, the platform is not categorically labeled as unsafe.

Nevertheless, research the platform before making an investment.

How to Withdraw Earnings from Hashshiny?

From the dashboard, select “Withdraw” and enter the amount you’d like to take out. A confirmation email informing you that the process was successful should be sent to the email address connected to your account after you confirm. It’s also important to keep in mind that withdrawals are only permitted once every 24 hours, and the value will change depending on the nature of supply and demand on the cryptocurrency markets.
– Select the ‘withdraw’ button from your dashboard
– Input the amount and click ‘withdraw’
– Click on the link that will be sent to your mail to confirm the withdrawal
– The funds will then be sent to your crypto wallet

Can I Mine More Than One Coin?

Yes, Hashshiny allows users to mine two or more coins simultaneously

Does HashShiny Have a Mobile App

Yes, HashShiny has a mobile app for iPhone, iPad, and Android.

What is Hashshiny Token?

The website’s own deflationary digital currency, Hashshiny token (HST), has a controlled and finite supply. This indicates that rather than increasing over time, the number of units in circulation is actually declining. As a result, there is a general decrease in the supply, which raises the value of individual units.

How Much is Hashshiny Token Worth?

The price changes for Hashshiny token (HST), like those for other cryptocurrencies, reflect the enthusiasm and discontent of investor.

Because of changes in cryptocurrency supply and demand, the value fluctuates. The 15 million fixed Hashshiny token supply is subject to change depending on a variety of factors, including demand. For instance, if there is a financial crisis and people start to panic sell their assets, the demand for Hashshiny token will increase as people look for a safe haven investment. The demand for bitcoin will decrease, however, if a nation declares that it is outlawing it.

Your daily earnings are based on the hashrate and the price of the cryptocurrency at the time.

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