History of HashFlare
After initially offering hosted mining contracts toward the end of 2014, HashCoins officially launched HashFlare – their cloud mining service – on April 23, 2015. HashFlare offers cloud mining for both Bitcoin and altcoins. For SHA-256 Bitcoin mining, they use a non-stock version of their Apollo miner. For Scrypt mining, HashFlare utilizes their Ares miner. All hardware used in their 2 Megawatt data center is provided by parent company HashCoins. HashCoins is based in Talinn, Estonia, and was founded in 2013 by Sergei Potapenko.
As of June 30, 2015, HashFlare boasts over 10,000 customers using their cloud mining services, generating a hash rate over 1 PH/S.
