the withdraw fee has been increased very high, from 40k satoshi now is 70k
Another way to scam us and keeping the website online in the same time with a smile on the face.
And a way to make people to withdraw less and less and not often anymore.
And a way to make investors to "invest" high amounts of money.
Previous update was about the SCRYPT contracts increasing price from $8.20 to $13.50.I would prefer to pay a fee from the withdrew amount according to the real network and not paying a fixed fee of 70k.
Small investors (who invest with caution) specially on SHA256 has no chance for a ROI ever if such updates/excuses keeps coming..
The minimum withdraw is now 80k satoshi so basically 70k satoshi goes to Hashflare and we get only 10k in our wallet .Screw your block.io , we would like to pay normal fees according to the network not according to some faked reasons for Hasflare/block.io.
If i send 40k satoshi to someone i can prove it that i pay maximum 22k fee , so the real TX fees are not so high as Hashflare or block.io demands.
Basically to withdraw 10k satoshi from Hashflare ,members have to pay a 70k fee .
Hashflare approaches more to a highly risk website to invest .
Here is their update on the website:
Dear users,
Due to a heightened amount of transactions causing a congestion, Bitcoin mempool size has increased and average confirmation time is longer. Transactions with a higher transfer fee get included in the blocks sooner. This may cause BTC wallets to raise the transfer fee on transactions to send them through faster.
Consequences for purchases via BTC:
1. If the transfer fee on a transaction is too low, it causes the transaction to be confirmed later, sometimes after the order times out in HashFlare. (However, after the transaction gets enough confirmations in the blockchain and the amount is sufficient, the order will be automatically processed and the contract activated.)
2. Some wallet providers may take the transfer fee from the amount sent. As a result HashFlare may receive only a part of the payment and not process it automatically even if the amount sent was sufficient. Please, pay attention to your wallet provider's transfer fees when making a purchase to make sure the amount HashFlare will receive is sufficient.
Consequences for BTC withdrawals:
Due to the current situation in the Bitcoin network, our BTC withdrawal provider (block.io) has raised the transaction commission to ensure the transactions do not stay in the queue for too long. For this reason, HashFlare now has an increased BTC withdrawal fee to 0.0007 BTC to cover the block.io commission.