hashflare Scrypt contract earning is 50% less

HEMPEROR JZS

newbie

Activity: 5

Merit: 0

Quote from: cafucafucafu on October 08, 2017, 05:02:10 AM

I'm not sure what is causing it, but it seems to be only Scrypt.

As hashflare reduced lifetime contracts to just 1 year, i think it may be a sign that they are suffering from liquidity problems and therefore resorting to having to reduce contract payouts to even stay afloat. But i could be just wrong, today could just be a very unlucky day for the pool that Hashflare mines at.

Why not contact support and tell them about the problem, since we have no definitive answers and i'm interested to know too?

wouldnt this mean pool allocation? each user chooses their pools not hashflare...

1Referee

legendary

Activity: 2170

Merit: 1427

It might be worthwhile to jump into what exactly hashflare is 'mining' with their scrypt contracts, and check whether or not certain coins experienced a massive difficulty jump, and, or, reward decrease like a block halving does. Essentially, a cloud mining service can change its terms immediately, and thus severely hinder/decrease the user payouts, and that at any time they want. By signing up there, you basically agree to all their terms, and this is definitely one of them -> it's not the first cloud mining service that has done this.

cafucafucafu

hero member

Activity: 812

Merit: 509

I'm not sure what is causing it, but it seems to be only Scrypt.

As hashflare reduced lifetime contracts to just 1 year, i think it may be a sign that they are suffering from liquidity problems and therefore resorting to having to reduce contract payouts to even stay afloat. But i could be just wrong, today could just be a very unlucky day for the pool that Hashflare mines at.

Why not contact support and tell them about the problem, since we have no definitive answers and i'm interested to know too?

Zocadas

hero member

Activity: 909

Merit: 508

The same happened with "Dash-Contract". It seems for me to be a specific problem with hashflare. They seem to prepare for their finish. Only SHA seems to be stable (power is also going down, but in a moderate way).

bapparabi

hero member

Activity: 826

Merit: 1000

as i have Scrypt hash which use to provide around $7 per days now its giving $3.5 .. so i don't know why there huge fall in price of earning ..that why i ask if any one know why

jorneyflair

hero member

Activity: 672

Merit: 500

Quote from: bapparabi on October 07, 2017, 10:24:18 PM

Hi

if you know hashflare script is now giving 50% less of the what is giving before ..do this problem ..or due to script is less profitable ?

What is issue do anyone Analise it why this happening .

Hope for detail overview

You mean Scrypt?

There could be two possibilities: One is that scrypt coins that you are mining are dropping in value, or the difficulty has gone up significantly. The other possibility is that hashflare is experiencing liquidity issues, and is reducing payouts arbitrarily.

Looking at dogecoin and litecoin there doesn't seem to be anything to suggest a 50% decrease in profits. Maybe it's just a short term anomaly?

bapparabi

hero member

Activity: 826

Merit: 1000

Hi

if you know hashflare Scrypt is now giving 50% less of the what is giving before ..do this problem ..or due to Scrypt is less profitable ?

What is issue do anyone Analise it why this happening .

Hope for detail overview

Topic: hashflare Scrypt contract earning is 50% less (Read 230 times)