Topic: Hashflare screwed us up. - page 2. (Read 6057 times)

Confused: seems hashflare 10 gh is 1.50 and 1yr but if investing .5 btc calc shows prfitable 3mo with stable growth with 50% reinvest.

Chang in contract was wrong but it was done but its not a 100% increase in price and still roi 3mo after 35% fee per.

Correct me if im wrong. New to cloud minning

The minimum withdrawal is 0.0106 BTC and when I asked the support about this high fee, this is what they said.
This sounds pretty legit. And their contracts are really profitable right now. Iam getting around 1$ a day with the fees and I only invested 60$. I have 0.55TH/s and Iam doing fine. Just do your research...

So, what do you think of this guy?

https://www.youtube.com/watch?v=tfaoTBlTxLU

He’s invested $90.000 on camera and he is saying that he will have had his investment back in about three months. He is also saying more average investors who put less money would have their money back more or less in the same time.

Is he a scammer as well? Does he do it to get many referrals?

By the way, I’m not going to invest but I watched the video and though of doing some research.

same shit happend I have some money there and I really need it urgent so when they increased withdrawal to 0.1 I  dont know what point of it
maybe they exit scam

^^^
I've just checked my account and I saw that minimum withdrawal is 0.1BTC.
By the end of the contract next year my estimated profit is 0.015 BTC, but that is without difficulty and hash rate increase over 1 year, which means it will be much lower.
You know, I won't be able to withdraw money even when my contract expires.
It's reminder of how stupid I was to donate my money to cloud mining shite

The temporary minimum withdraw was bumped up to 0.2btc nearly a week ago then dropped to 0.1,
their notice said it should last a few days....
Unless you have invested thousand of usd/gbp no one will be able to withdraw.

So much disappoint. Hashflare is spiralling out of control to the point of no trust, I have not invested or re-invested since the price doubling and the contracts halving.

I have had copy and paste emails from their support team which shows no real regard for their custom.

They used the blockchain backlog a while ago as an excuse to increase fee's way beyond the time that the congestion had cleared.
and when I emailed them about it like, "Hey, You do know the block chains been cleared up for a few days now and your still giving us the increased fee notice?" -

They did not reply to me and the part of the FrontPage notice with the blockchain excuse disappeared but fee's remained the same....

I do have to say, I've seen a lot of people saying its illegal what they have done cutting the contracts but I expected this when I made my investment, if your going to take a risk you need to accept that it is risk and not put yourself out of pocket like some horror stories I have heard of people putting life savings into services such as these like total morons.

I read the contact before I invested, and I am sure I saw something about reserving to right to change contracts at any time without notice.

So if you agreed to that in the first place without knowing then you screwed yourself over...

The word contract is used often in the crypto world to promote the feeling of professionalism and honesty. When really ALL of them are just Non-Contacts, or fake contacts if you will.

Just signed up to have some input because I've had no one to talk to about hashflares shenanigan's.

What I would have recommended for a light investment a year ago I will say now to do yourself a favour and totally avoid this company.

- Dan

I used to use Hashflare before when their rate is still good and when I was still earning enough profit from the SHA and scripts I bought from them. But since then, to tell you the truth, after I received my ROI last year, the rate of profit that I earned from them daily was reduced to almost nothing. It's like I'm only earning 500 sat per day from the TH/s that I bought before. Perhaps if it is not from the referrals I had I wouldn't have reached my ROI till now.

True,it would really be possible to be lower than that this is why I do keep saying that these cloud minings are profitable in long term and now they do start to cut the contract on 1 year time. Back in the past these kind of investment would really ROI you up on 6 months time as far as I remember and as you calculated on 1 year time you are still on negative.? Wtf. I don't know why people do still entrust their money on these investment sites without even knowing if they would be profitable or not at the end of the contract.

Hii I newbie here...I want suggest to Diamond dmd cloud mining it better than hashflare..
u should made own research before invest..
I have 12TH(1440usd old price) on hashflare profit daily around 3-4 usd after fee  ....
with diamond dmd I put 460usd I get daily 5 usd depend on market price..

what happen with hashflare ? I see the contracts become 1 year only

This is why people here keep yelling that don't trust any cloud mining sites and you will be burnt to frustration afterwards when you don't get the ROI. Now just look at this almighty cloud mining site, it used to be heroic before and used to lay everyone daily but now they can't hold the thing properly hence started reducing the contract terms and trying to push many people or what can I say big investors out of the business so that they will reduce the payout loads. That's what happens when we invest into cloud mining. A very good lesson for non listener.

And I'm guessing that calculation is based on the current mining difficulty. I'm gonna warn you it's gonna be even lower than that.

I invested $400 and my per their calculation the total amount i will get at the end of the year is $343.28
which means i will not even get my money back.

These people have really scam me.

screw them.

Yeah that was suppose to happen one day because they will run out of the profit margins and won't be able to make any profits for us or the user no matter how much they might have invested. It's really a risky business and I hope you at least have got the return of investment back. Because this terms of contracts are very restricted and are not wirth giving you profits. There is no hash rate I believe which can be covered within a year of terms or even if you cover then by that time you will get only few bucks as profits. Better stay away guys, no cloud mining anymore.

Send your complaints to
https://www.tarbijakaitseamet.ee/en
(E-mail to [email protected] )

And to
http://ec.europa.eu/consumers/solving_consumer_disputes/non-judicial_redress/ecc-net/index_en.htm

Terms and conditions would really be changed soon and I do expect that they would really do such thing.Considering that mining difficulty does rise as the days goes by which means lesser profits and longer ROI.I don't know why people do always think up that these cloud mining sites are worth to invest or putting up their money on such thing.I cant see any advantages on here so better to stay away or you will regret later and end up on selling your contract.

Another reason to burst those who believe cloud mining is the way to go about making money in the crypto world. If you will not be afford mining farm, the best is to just stay away from mining and this is one of the reasons. Someone who is waiting to ROI in one year, will have to wait for another year which is not even a guarantee that it will happen.

Its so unfortunate that Hashflare that has been trying to create a new name for itself and change the misconception about cloud mining, will just come out in one night to change the terms and conditions of a contract without even giving the right amount of notification to that effect.

I hope those who can wait for the long period of time can eventually get an adequate compensating return.

That's what's been happening for quite some time now, you have to read ahead of time not afterwards at the issues the paper having with websites. For at least 2 years no one is dressed at that site at all so package you did means that you didn't do your research ahead of time if that's where you fell apart.
Need to research the sites fully before making investments in them.

error08, I got all bitcoins back that I invested. But as I understand their reply, it smells like a ponzi or snowball system. Sell new hashrate to finance the payouts to old customers. So I will gladly sue them in court for that. All their arguments point to that direction...

Good job, I'm on your back. You must invested so much money in hashflare mining.
They just lose in cloud mining competition and decide to change the rules which harming many all of their customers.
Soon, their services will be closed and this is just an act to cover their expenses to pay customers and cut their lose.
And that's why invest in cloud mining isn't worth for long term due to mining difficulty that always increase over time.