Hashflare screwed us up. | Bitcointalksearch.org

Tilly4Rilly

newbie

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Quote from: Hamphser on January 19, 2018, 02:25:37 PM

Really? How sure you are? I would always still prefer to have my own miner that can be seen with my two eyes rather than on entrusting someone who would operate for me. Having your own physical miner would be more ideal since you do have the full control and can able to calculate regarding maintenance or whatsoever unlike on entrusting to those companies who do offer cloud mining you don't have the authority regarding expenses or even on profits.Just like you are a dog being tied of always.

This is an exact analogy: The difference between trading stocks yourself and paying a broker is you "trust someone else" to manage your assets for you. Both make you money, one takes a small fee for their profit. The same goes for mining vs cloud. One you see and one you trust.

Both make you money and neither yourself nor the leaser is scamming anyone.

Hamphser

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Quote from: Tilly4Rilly on January 19, 2018, 01:12:38 PM

Everyone saying cloud mining is a scam only admits their ignorance at the same time. There is NO difference between someone buying their own GPU/CPU/ASIC mining rig or leasing someone else's hardware to mine. One pays electricity and deals with heat and the other pays for maint and a profit fee. Both are subject to difficulty and price fluctuations. While there may be scam sites out there, as with anything in the world, there are reputable mining sites and Hashflare is one of them. Genesis is another great one.

Stop spreading FUD. The negative comments here are really misguided with no backing.

Really? How sure you are? I would always still prefer to have my own miner that can be seen with my two eyes rather than on entrusting someone who would operate for me. Having your own physical miner would be more ideal since you do have the full control and can able to calculate regarding maintenance or whatsoever unlike on entrusting to those companies who do offer cloud mining you don't have the authority regarding expenses or even on profits.Just like you are a dog being tied of always.

Tilly4Rilly

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Everyone saying cloud mining is a scam only admits their ignorance at the same time. There is NO difference between someone buying their own GPU/CPU/ASIC mining rig or leasing someone else's hardware to mine. One pays electricity and deals with heat and the other pays for maint and a profit fee. Both are subject to difficulty and price fluctuations. While there may be scam sites out there, as with anything in the world, there are reputable mining sites and Hashflare is one of them. Genesis is another great one.

Stop spreading FUD. The negative comments here are really misguided with no backing.

muzuca

member

Activity: 182

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Quote from: Mister1k on December 21, 2017, 10:16:51 AM

Quote from: muzuca on December 21, 2017, 07:08:44 AM

Quote from: argamemnon on December 20, 2017, 01:57:21 PM

is it me or did they just jacked up the prices again? Huh

??
a few days ago bought 20TH for 3000 today i checked the price for 20TH and its 4400$...... wow,

they did... but they still remain profitable.

I made a guide with updated values

See: http://conquistarbitcoins.blogspot.com.br/2017/12/how-to-mine-bitcoin-in-cloud.html

ROI today is about 4.5 months, but I'm hoping bitcoin will continue to grow.

Have you got the contract amount returned to you after you have invested on it. Keep investing on cloudmining is worst part of investing on mining platform. You will not get the returns after 6 months also but you are saying here in the 3 months of retuned is possible. Truely it is not possible. Try to buy some cards and start mining with the GPU rig. That will be profitable.

Yes, I got it... but I didn't reinvest the BTC generated by mining, I always put new money to buy hash... and when the BTC reach a good price I transform in USD.

As I only know Hashflare... what cloud mining do you invested and didn't have the ROI?

Mister1k

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Quote from: muzuca on December 21, 2017, 07:08:44 AM

Quote from: argamemnon on December 20, 2017, 01:57:21 PM

is it me or did they just jacked up the prices again? Huh

??
a few days ago bought 20TH for 3000 today i checked the price for 20TH and its 4400$...... wow,

they did... but they still remain profitable.

I made a guide with updated values

See: http://conquistarbitcoins.blogspot.com.br/2017/12/how-to-mine-bitcoin-in-cloud.html

ROI today is about 4.5 months, but I'm hoping bitcoin will continue to grow.

Have you got the contract amount returned to you after you have invested on it. Keep investing on cloudmining is worst part of investing on mining platform. You will not get the returns after 6 months also but you are saying here in the 3 months of retuned is possible. Truely it is not possible. Try to buy some cards and start mining with the GPU rig. That will be profitable.

muzuca

member

Activity: 182

Merit: 13

Quote from: argamemnon on December 20, 2017, 01:57:21 PM

is it me or did they just jacked up the prices again? Huh

??
a few days ago bought 20TH for 3000 today i checked the price for 20TH and its 4400$...... wow,

they did... but they still remain profitable.

I made a guide with updated values

See: http://conquistarbitcoins.blogspot.com.br/2017/12/how-to-mine-bitcoin-in-cloud.html

ROI today is about 4.5 months, but I'm hoping bitcoin will continue to grow.

Drixy

full member

Activity: 168

Merit: 100

reading.......

Quote from: bobb120 on August 31, 2017, 06:12:07 PM

Hashflare changed contract terms unilaterally and gave clients 0 days warning. In fact 0 seconds.

Sent out the following letter at midnight today

Previously they been selling 10 ghs at 1.20 so it's a markup of healthy 100% which is OK it's their hardware. But then they broke all contracts and changed indefinite term to 1 yr which would be somewhat legal if customers who disagree get their money back. You cannot change a contract without both sides signing it off. It's illegal even in zimbabwe.

Quote

Dear users,

The cryptocurrency industry has always been susceptible to a high amount of volatility, and recent global changes have been some of the most significant. Due to an industry-wide hardware deficit, many market participants, especially mining hardware manufacturers, have to adjust their operations, procurements, terms, and prices of ASIC miners and their delivery.

Per Section 5 of Hashflare Terms of Service, SHA-256 and Scrypt contracts are now also subject to change. The changes, which mainly cover the terms and the prices of the contracts will become effective on September 1, 2017.

The new price for 10 GH/s of SHA-256 will be $2.40, while 1 MH/s of Scrypt will now cost $11.50. The maintenance & electricity fee will remain the same.

All new SHA-256 and Scrypt contracts will be issued for a limited term of 1 year from the moment of activation. All SHA-256 and Scrypt contracts activated prior to 01.09.2017 will expire on 31.08.2018.

Sincerely,
Hashflare.io team

EDIT 03/09 : the changes have happened. So please don't write "I don't believe so". The expiry dates on all hash rates are now in 2018 and reinvestments are at double price.

This is the problem to those mining companies that changes their conditions. Were thankful bitcoin doesnt have like that managing cause it has no manager whatsoever the miners are the heart of bitcoin for now. As of now dont trust any coins or mining rigs if they have the changeable conditions.

BitHodler

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Quote from: argamemnon on December 20, 2017, 01:57:21 PM

is it me or did they just jacked up the prices again? Huh

??
a few days ago bought 20TH for 3000 today i checked the price for 20TH and its 4400$...... wow,

They have indeed increased their prices for the 10GHS contracts. It went from $1.5 to $2.20 per 10GHS contract, which means a price increase of ~47%. It's an insane price difference, but people will still pay for it unfortunately.

People for some reason are so obsessed with cloud mining, that even if hashflare ends up asking $4-$5 (which is just a matter of time), people will still go with it. In other words, you have been just on time with buying.

If you for whatever reason waited a while, you would have had to pay more, for less in return, which should be a sign that you probably shouldn't invest in this at all. But then again, people don't seem to listen to any advice.

Zadicar

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Quote from: swogerino on December 19, 2017, 04:08:37 AM

Quote from: cucucugol on December 19, 2017, 03:56:16 AM

Hi, i have a question please, yesterday i bought a contract, how do i start it ? it is procesed

https://imgur.com/vjff03L

Normally it should start automatically and you will see your balance increase every 24 hours if nothing has changed from Hashflare. I have seen a lot of threads including this one here that everybody is complaining so I am not that sure anymore. And buying 10 Thsh is stupid nowadays if you bought them with bitcoin, but if you did with Paypal or Credit card then I don't blame you. Cloud mining remains a gamble and the majority of such "businesses" end up scamming persons.

Once you have made transactions or already deposited bitcoin into those cloud mining sites then expect the possibility on losing those money you risk on specially Hashflare do already have hacking incident which signifies security isn't really that good or just simply an inside job because of the reason bitcoins price skyrocketed too high which these kind of scenarios is common back into those previous years where anytime bitcoin price reaches new ATH a new hacking incident will occur this is why I'm not really surprised at all.

argamemnon

newbie

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is it me or did they just jacked up the prices again? Huh

??
a few days ago bought 20TH for 3000 today i checked the price for 20TH and its 4400$...... wow,

cucucugol

newbie

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Ty guys for your'e suport, now is working

maeusi

sr. member

Activity: 462

Merit: 254

Did you also recognize, that hasflare disabled withdraws? Would be interesting to know, whether they pick up different users for cashout or if they generally don't pay. They give overloaded network as reason.

lucianus_luciferus

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nothing is lost if you don't lose yourself

Quote from: cucucugol on December 19, 2017, 04:44:22 AM

Hi, i paid with BTC, yesterday at 22:00 GMT +2

if you used a low fee it will take some time for the transaction to confirm
also the bitcoin network is extremely busy these days so transactions take a long time to confirm
go here https://chain.so/btc and enter your transaction address and check how many confirmations it has

lucianus_luciferus

full member

Activity: 335

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nothing is lost if you don't lose yourself

Quote from: cucucugol on December 19, 2017, 04:44:22 AM

Hi, i paid with BTC, yesterday at 22:00 GMT +2

if you used a low fee it will take some time for the transaction to confirm
also the bitcoin network is extremely busy these days so transactions take a long time to confirm
go here https://chain.so/btc and enter your transaction address and check how many confirmations it has

Venkman83

newbie

Activity: 9

Merit: 0

Quote from: cucucugol on December 19, 2017, 04:44:22 AM

Hi, i paid with BTC, yesterday at 22:00 GMT +2

It usually takes 24 hours before you see any earning stats. I'd just wait till tomorrow morning or maybe check tonight

cucucugol

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Hi, i paid with BTC, yesterday at 22:00 GMT +2

Venkman83

newbie

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Quote from: cucucugol on December 19, 2017, 03:56:16 AM

Hi, i have a question please, yesterday i bought a contract, how do i start it ? it is procesed

https://imgur.com/vjff03L

If you paid by credit card, you'll most likely have to call the customer support of your credit card institute and ask for a code. This code needs to be entered in HF to activate your hash power.

swogerino

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Quote from: cucucugol on December 19, 2017, 03:56:16 AM

Hi, i have a question please, yesterday i bought a contract, how do i start it ? it is procesed

https://imgur.com/vjff03L

Normally it should start automatically and you will see your balance increase every 24 hours if nothing has changed from Hashflare. I have seen a lot of threads including this one here that everybody is complaining so I am not that sure anymore. And buying 10 Thsh is stupid nowadays if you bought them with bitcoin, but if you did with Paypal or Credit card then I don't blame you. Cloud mining remains a gamble and the majority of such "businesses" end up scamming persons.

cucucugol

newbie

Activity: 3

Merit: 0

Hi, i have a question please, yesterday i bought a contract, how do i start it ? it is procesed

https://imgur.com/vjff03L

Dancing_Coin

copper member

Activity: 623

Merit: 22

Hi there!

Topic: Hashflare screwed us up. (Read 6044 times)