Bitcoin Cloud Mining with HashFlare - page 21.

kotykmurkotyk

newbie

Activity: 11

Merit: 0

Quote from: Halikin on December 19, 2017, 11:19:23 AM

Quote from: kotykmurkotyk on December 19, 2017, 10:52:34 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

Halikin

newbie

Activity: 34

Merit: 0

Quote from: kotykmurkotyk on December 19, 2017, 10:52:34 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.

kotykmurkotyk

newbie

Activity: 11

Merit: 0

Quote from: ?? on ??

Hi,today i invested on both SHA-256 and script.
I two questions:

1)what is the best pool arrangement for both?

2) on my dashboard i don't see any income after how much time it will appear?

tnx

1) I am also interested in the pool recommendation. I know which pools get the majority of rewards, but what's the ratio between the number of rewards and the share of reward individual with let's say 1TH gets.
Again would be interested to know if there are any sort of calculators related to that.

2) Also haven't seen the rewords posting to dashboard. My understanding they post the rewards once a day and not when they happen in real time.Also the process run only between 00:00 and 13:00 UTC. My full day will complete around 16:00 UTC. So I am expecting to see some change during the processing after 00:00 UTC.

I am not sure if my assumptions are correct though. Thanks everyone.

kotykmurkotyk

newbie

Activity: 11

Merit: 0

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!

motoprose

member

Activity: 195

Merit: 41

I think I read somewhere on their site they will be putting up a wallet exclusively for doing withdrawals from.
It has been postponed until the 20th of this month due to the problems with the blockchain causing every other business to do reasonable rates so to do these withdrawals for their customers.

Steffoboy

full member

Activity: 314

Merit: 100

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

Quote from: Rogerdale on December 18, 2017, 03:11:13 PM

Quote from: Halikin on December 16, 2017, 09:42:35 PM

Quote from: Rogerdale on December 16, 2017, 06:35:16 PM

Quote from: vincity on December 16, 2017, 06:12:53 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.

Yep Hashrate spiked 25% in 2 days, so now blocktime is the still as it was 13,7 minutes instead of 10 minutes it should be, i bet hashrate will be with drawn now, so the manipulation can kick itself around next corner, and keep Bitcoin on its Knees. Transaction delay drama will continue, expect this will always be the case, dosent matter, the averall hashrate seems to stay the same, so in the long run there is no hashpower that can keep difficulty up, but i do think the should change the code so this type of quick adding of hashrate and withdravals, dosent mess the system up, difficulty was set to go down cuz blocktime was to long, and this round its the same thing, cant be sustained? Bitcoin seems to adjust itself to be veeeery slow as the mechanism allows it right now.

badger88

newbie

Activity: 83

Merit: 0

Todays as in 2 weeks ago ??

Rogerdale

sr. member

Activity: 700

Merit: 330

Quote from: Halikin on December 16, 2017, 09:42:35 PM

Quote from: Rogerdale on December 16, 2017, 06:35:16 PM

Quote from: vincity on December 16, 2017, 06:12:53 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.

scorpiox4u

newbie

Activity: 2

Merit: 0

i ment just that i hoped to be over today... no stressss Grin

muzuca

member

Activity: 182

Merit: 13

So far I have not had any problem with them, but I recommend having a little patience... for example my last withdraw was ok, credited in less than 6 hours (10 days ago).

I already bought hashrate with credit card and with BTC... and never had problems. But it is important to remember that the credit card must have international support and be compatible with 3d security, otherwise I think it will not work.

I created a simple guide to help anyone who has an interest in investing in the cloud through Hashflare: http://conquistarbitcoins.blogspot.com.br/2017/12/how-to-mine-bitcoin-in-cloud.html

Steffoboy

full member

Activity: 314

Merit: 100

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

Quote from: cryptochaser23 on December 17, 2017, 06:38:43 PM

Quote from: Steffoboy on December 17, 2017, 02:31:03 PM

Quote from: kilojay on December 17, 2017, 11:26:28 AM

Quote from: cryptochaser23 on December 17, 2017, 06:07:53 AM

Hi guys,

2 weeks ago i paid with visa debit card, but still no refund. And just 2 days ago I paid again with bitcoins, it says confirmed, but i have not received my hashrate, it says please allow 120 minutes for confirmation.

This is the transaction here

https://chain.so/tx/BTC/41e43a56494aff7dcd575306d81d4d83a54924aebc0b5a68fea25b57625934b4

can anyone translate what this means?

why did you pay w/debit then ask for refund? Credit/depit is a mich better oprion of payment currently over btc as btc trasactions are taking for ever and a day. I love crypto currency and am a true believer but MANY flaws will have to be fixed in the system if its ever going to be a logical part of the future. 15% transaction fees and 10-14day transaction times are not going to cut it. As for your situation all tou can donis weight my last btc transaction took 12 days to complete the process is that slow right now. You can fill out a ticket request but it will be 2 weeks before they get back to you as well. patience is the key here my friend

wonder why he ask Hashflare for #refund# when they never got the money, i doubt he send any money at all, now hes here again claiming Hashflare has done wrong, he spreads fud, i explained allover his bank has his money, now its hashflare again, and no proof, no nothing, i dont believe he has sent anything anywhere anymore.

How am I spreading bull when theres 100 people who are going through the same thing. You told me not to use credit/debit , so I used bitcoin instead. Yet I am still awaiting a refund, Bank has put my money on hold until the 1st

The other 98 has yet to come here and complain about what the bank has done to them, and blame Hashflare for it. i transferred money many times, never 1 problem. NEVER, and u claim 100 now, such a lmao

cryptochaser23

newbie

Activity: 8

Merit: 0

Quote from: Steffoboy on December 17, 2017, 02:31:03 PM

Quote from: kilojay on December 17, 2017, 11:26:28 AM

Quote from: cryptochaser23 on December 17, 2017, 06:07:53 AM

Hi guys,

2 weeks ago i paid with visa debit card, but still no refund. And just 2 days ago I paid again with bitcoins, it says confirmed, but i have not received my hashrate, it says please allow 120 minutes for confirmation.

This is the transaction here

https://chain.so/tx/BTC/41e43a56494aff7dcd575306d81d4d83a54924aebc0b5a68fea25b57625934b4

can anyone translate what this means?

why did you pay w/debit then ask for refund? Credit/depit is a mich better oprion of payment currently over btc as btc trasactions are taking for ever and a day. I love crypto currency and am a true believer but MANY flaws will have to be fixed in the system if its ever going to be a logical part of the future. 15% transaction fees and 10-14day transaction times are not going to cut it. As for your situation all tou can donis weight my last btc transaction took 12 days to complete the process is that slow right now. You can fill out a ticket request but it will be 2 weeks before they get back to you as well. patience is the key here my friend

wonder why he ask Hashflare for #refund# when they never got the money, i doubt he send any money at all, now hes here again claiming Hashflare has done wrong, he spreads fud, i explained allover his bank has his money, now its hashflare again, and no proof, no nothing, i dont believe he has sent anything anywhere anymore.

How am I spreading bull when theres 100 people who are going through the same thing. You told me not to use credit/debit , so I used bitcoin instead. Yet I am still awaiting a refund, Bank has put my money on hold until the 1st

pivix

member

Activity: 69

Merit: 10

Quote from: scorpiox4u on December 17, 2017, 05:09:36 PM

hopefully the end is near ...

what do you mean by hopefully the end is near? Huh

This link shows nothing more than whats stated on my dashboard.

scorpiox4u

newbie

Activity: 2

Merit: 0

hopefully the end is near ... https://i.imgur.com/r6IEdjy.jpg

Steffoboy

full member

Activity: 314

Merit: 100

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

Quote from: kilojay on December 17, 2017, 11:26:28 AM

Quote from: cryptochaser23 on December 17, 2017, 06:07:53 AM

Hi guys,

2 weeks ago i paid with visa debit card, but still no refund. And just 2 days ago I paid again with bitcoins, it says confirmed, but i have not received my hashrate, it says please allow 120 minutes for confirmation.

This is the transaction here

https://chain.so/tx/BTC/41e43a56494aff7dcd575306d81d4d83a54924aebc0b5a68fea25b57625934b4

can anyone translate what this means?

why did you pay w/debit then ask for refund? Credit/depit is a mich better oprion of payment currently over btc as btc trasactions are taking for ever and a day. I love crypto currency and am a true believer but MANY flaws will have to be fixed in the system if its ever going to be a logical part of the future. 15% transaction fees and 10-14day transaction times are not going to cut it. As for your situation all tou can donis weight my last btc transaction took 12 days to complete the process is that slow right now. You can fill out a ticket request but it will be 2 weeks before they get back to you as well. patience is the key here my friend

wonder why he ask Hashflare for #refund# when they never got the money, i doubt he send any money at all, now hes here again claiming Hashflare has done wrong, he spreads fud, i explained allover his bank has his money, now its hashflare again, and no proof, no nothing, i dont believe he has sent anything anywhere anymore.

kilojay

newbie

Activity: 28

Merit: 0

Quote from: cryptochaser23 on December 17, 2017, 06:07:53 AM

Hi guys,

2 weeks ago i paid with visa debit card, but still no refund. And just 2 days ago I paid again with bitcoins, it says confirmed, but i have not received my hashrate, it says please allow 120 minutes for confirmation.

This is the transaction here

https://chain.so/tx/BTC/41e43a56494aff7dcd575306d81d4d83a54924aebc0b5a68fea25b57625934b4

can anyone translate what this means?

why did you pay w/debit then ask for refund? Credit/depit is a mich better oprion of payment currently over btc as btc trasactions are taking for ever and a day. I love crypto currency and am a true believer but MANY flaws will have to be fixed in the system if its ever going to be a logical part of the future. 15% transaction fees and 10-14day transaction times are not going to cut it. As for your situation all tou can donis weight my last btc transaction took 12 days to complete the process is that slow right now. You can fill out a ticket request but it will be 2 weeks before they get back to you as well. patience is the key here my friend

badger88

newbie

Activity: 83

Merit: 0

hashflare appears to be working fine for me...
lots of nicehash 'scam' outrage in here ?

cryptochaser23

newbie

Activity: 8

Merit: 0

Hi guys,

2 weeks ago i paid with visa debit card, but still no refund. And just 2 days ago I paid again with bitcoins, it says confirmed, but i have not received my hashrate, it says please allow 120 minutes for confirmation.

This is the transaction here

https://chain.so/tx/BTC/41e43a56494aff7dcd575306d81d4d83a54924aebc0b5a68fea25b57625934b4

can anyone translate what this means?

Steffoboy

full member

Activity: 314

Merit: 100

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

Quote from: Rodderman on December 17, 2017, 01:15:59 AM

I want my payouts, their is no reason that the are keeping us from withdrawing our earnings I have 0.09485365 BTC sitting on the site, I would rather see my BTC in queue headed to my wallet rather than them holding my BTC!

Right now they have 542342 USD (rounded) in unconfirmed transactions that has not been confirmed in 5 Days. i think confirmation is like 8 days perhaps 7, check the info here: http://mailchi.mp/hashflare/btc-withdrawals-eng

Rodderman

newbie

Activity: 88

Merit: 0

I want my payouts, their is no reason that the are keeping us from withdrawing our earnings I have 0.09485365 BTC sitting on the site, I would rather see my BTC in queue headed to my wallet rather than them holding my BTC!

Topic: Bitcoin Cloud Mining with HashFlare - page 21. (Read 143042 times)