Bitcoin Cloud Mining with HashFlare - page 20.

Halikin

newbie

Activity: 34

Merit: 0

Quote from: pivix on December 20, 2017, 07:40:52 AM

Quote from: Halikin on December 20, 2017, 07:37:24 AM

Quote from: pivix on December 20, 2017, 07:31:58 AM

Facebook hashflare:

Update 12:00 UTC:
HashFlare.io website will be unavailable on 20.12.2017 from 14:30 UTC to 17:00 UTC due to a planned maintenance. Mining is not affected.

Bitcoin withdrawals are enabled in test mode, with the minumum withdrawal amount set to 0.2 BTC.

--------------------

This is getting hilarious -.-
Still not a single word about the price increase!

What they'd say? We're greedy? It is the old law of supply and demand.

Supply and demand for what? for withdrawals? 0.2btc is roughly $3932...
it really seems like they can't afford to pay the small investors anymore..
And on top of that they increased the price without noticing anyone! people with autoreinvest are kinda f'd!

I quoted about the price increase.

About the 0.2btc, they said they're in tests. Let's see tomorrow how they go.

ShooFly27

newbie

Activity: 17

Merit: 0

HashFlare is legit right? Do you take any wire transfers or not?

pivix

member

Activity: 69

Merit: 10

Quote from: Halikin on December 20, 2017, 07:37:24 AM

Quote from: pivix on December 20, 2017, 07:31:58 AM

Facebook hashflare:

Update 12:00 UTC:
HashFlare.io website will be unavailable on 20.12.2017 from 14:30 UTC to 17:00 UTC due to a planned maintenance. Mining is not affected.

Bitcoin withdrawals are enabled in test mode, with the minumum withdrawal amount set to 0.2 BTC.

--------------------

This is getting hilarious -.-
Still not a single word about the price increase!

What they'd say? We're greedy? It is the old law of supply and demand.

Supply and demand for what? for withdrawals? 0.2btc is roughly $3932...
it really seems like they can't afford to pay the small investors anymore..
And on top of that they increased the price without noticing anyone! people with autoreinvest are kinda f'd!

Halikin

newbie

Activity: 34

Merit: 0

Quote from: pivix on December 20, 2017, 07:31:58 AM

Facebook hashflare:

Update 12:00 UTC:
HashFlare.io website will be unavailable on 20.12.2017 from 14:30 UTC to 17:00 UTC due to a planned maintenance. Mining is not affected.

Bitcoin withdrawals are enabled in test mode, with the minumum withdrawal amount set to 0.2 BTC.

--------------------

This is getting hilarious -.-
Still not a single word about the price increase!

What they'd say? We're greedy? It is the old law of supply and demand.

pivix

member

Activity: 69

Merit: 10

Facebook hashflare:

Update 12:00 UTC:
HashFlare.io website will be unavailable on 20.12.2017 from 14:30 UTC to 17:00 UTC due to a planned maintenance. Mining is not affected.

Bitcoin withdrawals are enabled in test mode, with the minumum withdrawal amount set to 0.2 BTC.

--------------------

This is getting hilarious -.-
Still not a single word about the price increase!

Leopardon29

jr. member

Activity: 70

Merit: 2

I've heard of Hashflare before. Is this a legit cloud mining site? So far, I've read reviews and still trying to dig for more information before investing.

Steffoboy

full member

Activity: 314

Merit: 100

I'm so poor I can't even pay attention

Quote from: Wezker on December 20, 2017, 05:54:35 AM

I dont know or they run out of hashpower and they want to earn more for the last hashpower.
I mean a lot of People wanna buy hashpower there and Demand determines the Price..

doesn't make sense, people won't invest at this levels, if bitcoin drops and go stagnant, contracts will expire, without profit to buy more hashpower. if bitcoin breaks all-time highs, all is fine, place your bets, no refunds LOL

Wezker

member

Activity: 78

Merit: 10

I dont know or they run out of hashpower and they want to earn more for the last hashpower.
I mean a lot of People wanna buy hashpower there and Demand determines the Price..

Steffoboy

full member

Activity: 314

Merit: 100

I'm so poor I can't even pay attention

Quote from: Slingervel on December 20, 2017, 04:01:39 AM

Quote from: Wezker on December 19, 2017, 02:44:03 PM

Quote from: LsHallo on December 19, 2017, 01:49:10 PM

Quote from: Wezker on December 19, 2017, 01:44:55 PM

Why hashflare has Change The price per TH/s from 1.50 to 2.20$. I didnt See an announcment.

Was going to ask the same question. I logged in to check if auto buy performed it's action only to see that it didn't because the price spiked.

The communication with this company is not very good!

Yeah communication is very bad. I mean this price change form 1.50$ to 2.20$ are about 46%.....
I dont know the reason i think the fee isnt lower now and the Price for buying her hardware sholud be the same..

With such an increase, I smell a rat.
IMHO, that's falling out of market related pricing. So, my guess is they need money.

last price on genesis was 186 usd for 1 th starting feb others i seen is 400 usd open ended, 220 for 1 year with this difficulty seems scary

Slingervel

newbie

Activity: 1

Merit: 0

Quote from: Wezker on December 19, 2017, 02:44:03 PM

Quote from: LsHallo on December 19, 2017, 01:49:10 PM

Quote from: Wezker on December 19, 2017, 01:44:55 PM

Why hashflare has Change The price per TH/s from 1.50 to 2.20$. I didnt See an announcment.

Was going to ask the same question. I logged in to check if auto buy performed it's action only to see that it didn't because the price spiked.

The communication with this company is not very good!

Yeah communication is very bad. I mean this price change form 1.50$ to 2.20$ are about 46%.....
I dont know the reason i think the fee isnt lower now and the Price for buying her hardware sholud be the same..

With such an increase, I smell a rat.
IMHO, that's falling out of market related pricing. So, my guess is they need money.

Wezker

member

Activity: 78

Merit: 10

Quote from: LsHallo on December 19, 2017, 01:49:10 PM

Quote from: Wezker on December 19, 2017, 01:44:55 PM

Why hashflare has Change The price per TH/s from 1.50 to 2.20$. I didnt See an announcment.

Was going to ask the same question. I logged in to check if auto buy performed it's action only to see that it didn't because the price spiked.

The communication with this company is not very good!

Yeah communication is very bad. I mean this price change form 1.50$ to 2.20$ are about 46%.....
I dont know the reason i think the fee isnt lower now and the Price for buying her hardware sholud be the same..

Steffoboy

full member

Activity: 314

Merit: 100

I'm so poor I can't even pay attention

Quote from: Dav7 on December 19, 2017, 12:26:10 PM

I keep buying ETHASH with SHA earnings

Someone asked for a optimist, here he is

eth goes proof at stake any time soon....

https://en.wikipedia.org/wiki/Proof-of-stake

LsHallo

hero member

Activity: 574

Merit: 500

Quote from: Wezker on December 19, 2017, 01:44:55 PM

Why hashflare has Change The price per TH/s from 1.50 to 2.20$. I didnt See an announcment.

Was going to ask the same question. I logged in to check if auto buy performed it's action only to see that it didn't because the price spiked.

The communication with this company is not very good!

Wezker

member

Activity: 78

Merit: 10

Why hashflare has Change The price per TH/s from 1.50 to 2.20$. I didnt See an announcment.

f4

member

Activity: 86

Merit: 10

https://btc.com/tools/mining-calculator

f4

member

Activity: 86

Merit: 10

Quote from: Rogerdale on December 18, 2017, 02:11:13 PM

Quote from: Halikin on December 16, 2017, 08:42:35 PM

Quote from: Rogerdale on December 16, 2017, 05:35:16 PM

Quote from: vincity on December 16, 2017, 05:12:53 PM

Can anyone with results help me understand the profitability?

For $3000 today I can purchase 0.154 BTC or 20000 GH/s on Hashflare which according to the mining profit calculators should amount to over 1BTC in one year. So what am I missing?
I read a lot of posts saying I will be lucky to break even. Does that mean the calculators are way off and I will not even mine the 0.154 BTC I can just purchase for that $3K today?

Yes, calculators are way off. In the best case (and if Hashflare pays you all your profit) you will get no more than 0.25 BTC. You won't ROI only if Bitcoin drops below 10K or difficulty skyrockets in the next 3 months.

I think that there is no way to difficulty skyrockets, since it will take unconfirmed transactions with. UNLESS a new hardware shows up (like Ebit E10, Antminer S10, etc).

The today's jump was 18%. And the last one was also 18%. If every time difficulty adjusts 18% up, Hashflare contracts will barely break even (with maybe 10% profitability in BTC in the best possible case when BTC soars to $50K) and won't run full year (will be terminated after 9 months). And cloud mining contracts on the other sites (where 1 TH/s costs 400-900 dollars) will bring a huge loss for investors.

If difficulty rises 18% every time and BTC price stalls at $20K, Hashflare contracts will terminate after 6.5 months but it looks like they will break even anyway. So only BTC dip to 10K is really dangerous, in this case SHA-256 contracts won't last more than 4 months and will mine only 70% of the paid amount.

Even if the difficulty goes up 18% for the next ~25 changes you ll break even in USD, with about 115% ROI.
But calculating in BTC you ll defnitly make a loss, the higher the BTC price rises the more wealth you destroy investing into hashflare.

Wezker

member

Activity: 78

Merit: 10

Hello everybody, short question if I invite someone I get the commission in btc or hashpower?

Dav7

full member

Activity: 291

Merit: 104

Making Money Online since 2006

I keep buying ETHASH with SHA earnings

kotykmurkotyk

newbie

Activity: 11

Merit: 0

Quote from: Smoke12 on December 19, 2017, 11:21:52 AM

Quote from: kotykmurkotyk on December 19, 2017, 10:41:31 AM

Quote from: Halikin on December 19, 2017, 10:19:23 AM

Quote from: kotykmurkotyk on December 19, 2017, 09:52:34 AM

Hello friends,

Hope everyone is enjoying their Tuesday!
I bought my first terahashes yesterday and looking for advice from experienced cloudminers like yourselves.
Considering that the contract is only 1 year, is it worth reinvesting the rewards. If so can someone recommend a strategy as to when to switch to withdrawals for a maximum end of the year outcome.
May be I understand it wrong, but wouldn't my terahashes bought in December expire and no longer would produce for me in December next year?

May be someone can recommend a formula or a calculator to use. Thank you!

Every purchased is a new contract with a new expiry date.

I just bought more 20TH. I'll collect the ROI (maybe in 60-90 days) and then I'll think about reinvesting. I think you should do the same.

Hashflare is a nice site? Yes, but many others were too and got vanished, leaving the users with nothing.

Thanks. The break even in 60-90 days makes sense if you want to sell the earned bitcoin at that time and the price is assuming the same as today, which is unlikely. There is no way to know where the price would be in 2-3 months. However the risk of keeping your $ locked in someone else's hardware is troubling me. I need some optimists to pitch in

Hmm, like the way u talk i think better you keep ur $ voor yourself.. Nobody knows what the future brings.. In my opinion the risk is low.. Let's hope the difficulty goes down this time!

I am not worried about bitcoin that much. The question stands how to use cloud mining to the full potential until the in-house mining could be established. Still trying to wrap my brain around it.

Smoke12

newbie

Activity: 42

Merit: 0

Quote from: kotykmurkotyk on December 19, 2017, 10:41:31 AM

Quote from: Halikin on December 19, 2017, 10:19:23 AM

Quote from: kotykmurkotyk on December 19, 2017, 09:52:34 AM

Hello friends,

Hope everyone is enjoying their Tuesday!
I bought my first terahashes yesterday and looking for advice from experienced cloudminers like yourselves.
Considering that the contract is only 1 year, is it worth reinvesting the rewards. If so can someone recommend a strategy as to when to switch to withdrawals for a maximum end of the year outcome.
May be I understand it wrong, but wouldn't my terahashes bought in December expire and no longer would produce for me in December next year?

May be someone can recommend a formula or a calculator to use. Thank you!

Every purchased is a new contract with a new expiry date.

I just bought more 20TH. I'll collect the ROI (maybe in 60-90 days) and then I'll think about reinvesting. I think you should do the same.

Hashflare is a nice site? Yes, but many others were too and got vanished, leaving the users with nothing.

Thanks. The break even in 60-90 days makes sense if you want to sell the earned bitcoin at that time and the price is assuming the same as today, which is unlikely. There is no way to know where the price would be in 2-3 months. However the risk of keeping your $ locked in someone else's hardware is troubling me. I need some optimists to pitch in

Hmm, like the way u talk i think better you keep ur $ voor yourself.. Nobody knows what the future brings.. In my opinion the risk is low.. Let's hope the difficulty goes down this time!

Topic: Bitcoin Cloud Mining with HashFlare - page 20. (Read 143074 times)