Is it safe to join hashflare.io ? | Bitcointalksearch.org

tabas

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Quote from: energybill on April 13, 2018, 08:40:40 AM

Just curious can anyone on this thread speak English?

Everyone speaks English here, some are fluent, some are average.

Quote from: energybill on April 13, 2018, 08:40:40 AM

How can the investment comments be of any value when everyone commenting seems to be clueless-smh

Clueless? If it's about cloud mining, everyone's comment here will tell you that you should stay away from this type of investment.

Mahanton

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Quote from: energybill on April 13, 2018, 08:40:40 AM

Just curious can anyone on this thread speak English? How can the investment comments be of any value when everyone commenting seems to be clueless-smh

From what planet are you from? I guess you did able to read up those post above yours which is in pure english. Dont know which english you are seeking on and besides you are bumping again a 3 month old thread and you are just saying that everyones is clueless on what they say. Have you tried to read up?

Back on topic, every investment do have risk specially on cloud minings profitability would still in big question.

energybill

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Just curious can anyone on this thread speak English? How can the investment comments be of any value when everyone commenting seems to be clueless-smh

ShadowBJ21

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I like Hashflare in general but they have two problems at the moment: Their prices and the current Exchange Rate

They increased prices before christmas. It was $1,50 per 10 GH/s and is now $2,20 for BTC mining.
While this was still ok when the BTC was high it is more difficult now with the lower BTC. At the moment expect ROI within 4-5 months (was 2-3 before).
I addition their maintance fee is a fixed $-Amount but will be deducted in BTC (so the lower the BTC the higher the fee)

Same ist for ETH mining (also this is maintenance free). ROI was around 5 months, down to 3-4 months before the ETH followed the BTC down from his max. and is now closer to 6 months.

So if you expect that Cryptos will go up significantly again and you have no problem to hodl your mined coins some time than it might be still a good thing.
If you expect the Cryptos stay at the current level for a very long time (or even go down further) it might be not a worthwhile investment.

For me I currently re-invest mined BTC into more ETH mining power as I expect the ETH to have more potential to rise again. But this is just my opinion!

One more remark: The min. withdraw for BTC is quite high at over $500 (but should decrease again sometimes later). Ether min withdraw is around $95.

greeklogos

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Quote from: odolvlobo on January 09, 2017, 03:54:57 AM

Most cloud mining sites are scams, but scam or not, cloud mining is almost always a losing investment.

Regarding hashflare.io: even if it looks legitimate, it is still a money-loser.

For each 10 GH/s Bitcoin contract you buy, you will pay $1.20 plus $1.44 per year in maintenance fees. After one year 10 GH/s might mine 0.002 BTC, currently worth about $2.00. You might break even after two years, but it is more likely that you will never break even.

Yeah. It may be safe to join the site, especially if you have anti virus and use it from your home wi-fi, but cloud mining surly will not bring you that profit you are expecting for, the same way you may join to a faucet. Good luck!

Zadicar

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Quote from: Tyrantt on July 31, 2017, 02:36:10 PM

Quote from: error08 on July 31, 2017, 09:12:20 AM

This cloud mining has been here for years, so the answer is yes it is safe. But there is no guarantee what will happen in the future of course, whether their business growing or go bankrupt. I recommend to not risk your bitcoin, it's better to hold it or sell at the peak and buy back after it fall instead of waiting for a really long time to get profits from cloud mining.

Is it safe?
most probably.
is it profitable to invest in it?
probably not.

Don't invest in cloud mining of bitcoin, cloud mining of alt-coins could be somewhat profitable but btc, no.

I would consider profitability on altcoin contracts except on btc indeed but talking about safety then theres no assurance on these cloud mining businesses. Profitability would really be the main issue and also instances that those cloud mining sites would become scam sooner or later that's why its not really worth to put up money on these kind of investments.If you insist then do it for your own risk.

zspectrum

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I have used Hashflare for more than 1.5 months and so far the payouts are following my initial forecast. ROI on one year is 400%, could lower to 300% according to the difficulty of hashrate.
But this cloud mining is legit, no doubt about it. I already got back 50% of my initial investment in 1.5 month. I will be breakeven in another 1.5 month.
I have a written a blog with some advice, screenshot and explanation, check https://hashflare-review.com

Tyrantt

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Need some spare btc for a new PC

Quote from: error08 on July 31, 2017, 09:12:20 AM

This cloud mining has been here for years, so the answer is yes it is safe. But there is no guarantee what will happen in the future of course, whether their business growing or go bankrupt. I recommend to not risk your bitcoin, it's better to hold it or sell at the peak and buy back after it fall instead of waiting for a really long time to get profits from cloud mining.

Is it safe?
most probably.
is it profitable to invest in it?
probably not.

Don't invest in cloud mining of bitcoin, cloud mining of alt-coins could be somewhat profitable but btc, no.

error08

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This cloud mining has been here for years, so the answer is yes it is safe. But there is no guarantee what will happen in the future of course, whether their business growing or go bankrupt. I recommend to not risk your bitcoin, it's better to hold it or sell at the peak and buy back after it fall instead of waiting for a really long time to get profits from cloud mining.

maeusi

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Hashflare seems to be one of the three or for serious cloud mining services that exist, but the ROI is far away. So you should be very patient to make profit on longterm. I wanted to fasten the mining power but went although down because of mining difficulty and the fees got up.

viralalert

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Hashflare still works! I'm still getting the profit from it. For the discount on first purchase, you can check this review http://www.viral-alert.com/hashflare-io-review/

doaremon

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Whether you join or not its up to you but I would suggest to keep away from this kind of sites. I think the 80% of mining sites are scammers, they keep filling their pocket by our money by this kind of cheating. At the starting they provide good outbacks but sooner or later they start scaming. After getting cheated I stopped to do invest in any kind of mining sites. Hope you will take the correct decision.

carlisle1

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You seemed to be worrying and afraid of losing your money from cloud mining investment and you have doubt that your money will be secured in hashnest, so I'll suggest to you to postpone your plan of investing with them and do not ever try to deal with any cloud mining services if you are afraid of the risks . Cloud mining services are not safe, we are not sure if they'll be running until you got your ROI .

squatz1

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Hashflare and Genesis mining are probably one of the two safest cloud-mining companies to go aboard with and join but in all honesty why would you do it? Even if people are trusted it doesn't eliminate the risk that one day someone with bad intentions in either company could go ahead and hit an exit scam.

Makes sense to stay away from these cloud-mining companies as I feel that they're scams and try another investment. It's not like you'll end up making profit with these companies anyway.

fikihafana

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as long as i used hashflare they always pay me, i used 2 MB scrypt from their services and it give me ROI aroud 8month. But 2 mb scrypt not profitable again, i need to upgrade my service

dearbesz1219

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Quote from: sam36603 on January 09, 2017, 02:21:36 AM

When I open the site,this is what appears when I open the site

http://imgur.com/Bxy8Jpz

So .. is it safe now or not ?

When I clicked the link, the Host was technically have a problem, you have eyes and mind to think about if is it worth to try or join it. Find the answer for yourself. No need to ask others opinion if you know the answer already. I'm not saying this to embarrass you but to wake you up about this things.

odolvlobo

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Quote from: bleedingedge on January 23, 2017, 07:34:11 AM

hashflare.io is pretty safe.
But if you look here, you'll notice that right now the best contract have payback period of 813 days. So it's more than two years just to break even. Most of the contracts (all timed ones) never pay back. For example 1-year ethereum mining at hashflare.io will give you net loss of around 30%.

That's kind of a contradiction. You say they are safe, yet you will lose money. I guess you could consider them to be safe because of the transparency -- they let you know ahead of time that you will lose money.

It is odd that people still invest in cloud mining knowing that they will either lose some of their money or all of their money.

bapparabi

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also not advisable because right now they have highest fee in market

bravehearth0319

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Quote from: sam36603 on January 09, 2017, 02:21:36 AM

When I open the site,this is what appears when I open the site

http://imgur.com/Bxy8Jpz

So .. is it safe now or not ?

Obviously it is not safe to invest in. Just cloud mining type was not really safe to invest. They will just eat your investment once you input your money to their sites. Which in return we will cry home as a loser.

dearbesz1219

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Quote from: sam36603 on January 09, 2017, 02:21:36 AM

When I open the site,this is what appears when I open the site

http://imgur.com/Bxy8Jpz

So .. is it safe now or not ?

the link you gave is obviously not safe. Once you open it, it will appear at once in the monitor that it is NOT secure. It is one the cloud mining site which is really a Ponzi, it is just only look legitimate but it will only loss your money once you get in and invest to their site. So better for you avoid it.

Topic: Is it safe to join hashflare.io ? (Read 5261 times)