Topic: Bitcoin Cloud Mining with HashFlare - page 27. (Read 143042 times)

The difficulty keeps the block time to mine a block at 12,5 minutes, ofc people can afford more gear when price has gone up, but thats not the reason.

The price is not a function for difficulty

https://bitcoinwisdom.com/bitcoin/difficulty

domain expired 15.12.17 they didn't update yet. site down every hour man im scared. i invest 4k$ today  

Hashflare has been around for years, and even though people are screaming scam at them, they have been paying out since they started and have proof of mining on their Facebook page. People get paranoid when it comes to cloud mining because of how easy it is to be a fake cloud mining provider aka ponzi scheme. Hashflare charges $0.35 for every th/s daily. One th/s = 1,000 gh/s. So, for your investment of 3 th/s, they would charge $1.05 a day in fees. With these numbers, you would pull in ~$45 a week after they take the maintenance fee.

$45 a week is $180 a month. You would break even in around two and a half months if today's market conditions stayed the same. Bitcoin's difficulty re-adjusts (and usually goes up) every two weeks to compensate for all of the new miners joining the network. Another reason why you would break even so quickly is because Bitcoin's price is skyrocketing. If it was to crash, so would your earnings. If you think Bitcoin will not crash within the next 2-3 months, go for it. Go with your gut! And always, never invest more than how much you are willing to lose.

Hi guys,

Just found out what's hashflare is and for now I don't really find if it is a good investment or not. From what I've understood, putting a small amount isn't profitable due to the fact that it takes to much time to reach the minimum amount to withdraw.

What if I made a purchase of let's say 450 dollars ? (sha-256), it would give me 3000Gh and according to coinwarz I would be able to break-even after 57 days ?

Any advice ? I'm completely new to this I admit 

Hello. Just want to let you know that they answered my tictek today.  I was pending for my alotTH/s purchase for 4 days.. But they fixed it manually. They are doing their best with +1250 tickets a day.. Please go easy on Hashflare, they are the only solid company that u can purchase cloud mining..

Of course they had to increase their min. With amount due to long time sneding times.. They did it because of us, to sending our money fast.. You should understand that..

THANK YOU HASHFLARE!!

Nicehash was mainly used for smaller/newer altcoins. Established coins like ETH or Zec were not that affected from their downtime, but coins like Zen or Electroneum saw their nethash dropping.

BTC diff will not really go down unless we go into a big bear market which would pretty much also be the end of altcoin mining unless you mine the coins with a loss.

Nicehash is primarily for mining Altcoins, if that Hashpower switches to Bitcoin due to the hack it should rather go up.
The estimated next difficulty is atm + 15,89 %

https://fork.lol/pow/retarget

min. withdraw amount is very high

Difficulty must go down since Nicehash is hacked...

It is just about the question if mining pays off over the next 12 months.
With a rising BTC-Price it defnitly won't, as the difficutly follows the price.

it was 8%, and the rest is, do you want to be a trader or a provider, provider in as building the infrastructure and get a piece of the infrastructure, none is better than the other, its a mentality above all else, what is the mentality?
Investing in hashflare is investing in RISING Bitcoin prices, if you dont understand that, why do you suggest holding Bitcoin?

Well once the future markets will start shorting Bitcoin on a huge scale in the midtherm, with attracting more institutional investors in the longterm Hashflare could turn out to be pretty profitable.
As long as the japanese don't release their 7 NM Asics anytime soon.

yes we play on BTC stagnating or dropping. Do you really think it will go just up. Now it is nice we got 50% in 1 week or so, but this will not continue forever.

After the hashrate-swap at the BCH-Fork the difficulty increase is more linear again now, with +18,11 % at the last change.
For one year mining at hashflare you go through ~ 25 difficulty changes, even with +13 % difficulty increase every two weeks, which would be 18x the difficulty of today by the end of 12 months, you would make a ROI.
But assuming BTC-Price, Network-Hashpower and difficulty to increase at the current rate you would be far away from making a ROI.
Calculating in BTC of course, you ll maybe still make a ROI in USD, due to price change, but in that case it would ve been better to invest directly into BTC and hodl in the firsts place.
So investing into Hashflare is nothing else than speculating on falling or stagnating BTC prices.

@Crystal

Ive bought 5 TH/s for 700USD week ago. Everyday i make a profit around 10 USD. So over 70 days ill got my investment back. Yes, difficulty, ok let's say over 100 days i get my investment back. It's still a good deal to do cloudmining by hashflare.

https://imgur.com/fCjnO1j

They already wrote, once your contract expires you can withdraw even if it's below min. amount...

Stay away from this scammer website and don't the mistakes a did back in 2016 to deposit money . Even with reinvest mode there is no chance to make a withdraw before 70 GHS expires.
Here is latest history records :

With an average of almost 2000 satoshi daily , minus the maintenance fees , you have no chance to make a withdraw in time if you donated few dollars. Even as a big investor , you will be able to withdraw faster but you won't recover your money. Dont rely on the forecast numbers, that is a lie (i mean it is not based on the fees spent to withdraw so you have to deduct), you can't even make your calculation because you don't know what changes will bring next days.
I even login daily or almost everyday to change the pool percentages so it wont keep dropping but anyways this is useless.
The minimum amount + making the contracts for 1 year only, is created in order to scam people . I have recovered only 16% so far from the amount deposited to buy ghs power few times + the fees.
The forecast revenue table, which by the way those numbers are not real, shows that you wont make 0.0115 btc to withdraw not even in 1 year. According to that forecast table the maximum amount generated in a year is 0.00689 BTC, much far bellow 0.0115 BTC (minimum withdraw). I doubt that in reinvest mode will ever manage to make a withdraw before expiring 70 GHS from 130 (in august 2018).
Proof that is impossible make a withdraw in a year (contract expires) with actual income (impossible to recover your money before your GHS in SHA256 will expire,in this case 70 GHS from 130) :

(plus don't forget about the difficulty increasing and the constant changes on the websites)
So, anyone, don't tell me bullshyt how wonderful is hashflare and is not scamming people. If someone contradicts these proofs i will add to ignore list. You may had a profit but those days are gone years ago.
2 words for the new naive comers on hashflare : STAY AWAY from this website and don't do the mistake to deposit money on this website, better keep your btc in your wallet, you will get more profit by increasing its value.
Even if i manage to make a withdraw (0.0115 BTC minimum ) i wont be able to recover my money because there is a fee.

Edit : Few moments ago, Hashflare has increased minimum withdraw from 0.0106 BTC to 0.0115 BTC.
They will keep modifying numbers so you won't be able to recover your invested bitcoin + the fees spent on transaction sending.

Their latest updates on the website few moments ago (today 8 december 2017) :

Instead of wasting your money to send on hashflare or genesis mining, better purchase bitcoin and save it or invest in a new graphic card and start mining on your own btc or altcoins, you will earn more from its increasing value.

I bought $50 USD worth yesterday and the transaction cleared with my debit card immediately. This morning, I have BTC showing up in my dashboard! Just bought more using BTC and went through immediately as well, ~5min.

no one receiving a reply from the support
look like a exit scam.

They've replied to my ticket and said it will take 7 working days for the refund to come through. Its been nearly 7 days and still no refund, I will give it an extra week and update it here