Topic: WTS Hashflare account for sale 5.68 THs, 0.016 balance, asking for 500$ in btc (Read 211 times)

Perhaps it is you who do not know how hashflare works.

Firstly, while hashflare support *says* they allow balance transfers to be withdrawn at the end of contracts, I have not seen proof of it happening, and do not trust that it would, as it is not officially declared.

Balance transfers are not allowed. Hashrate transfers are.
So the only way a buyer gets your "balance" is if you buy more SHA256 at retail value for it directly before transferring the hashrate.

That $.56 that I mentioned is for ALL 5.68 Th/s.
You have to take your payout, and subtract the maintenance fees. You can look here: https://hashflare.io/panel/history
Scroll down to the log, and check for yourself.

So your 120 day view is actually going to come out to $67.2.
A 365 day full term, would bring in $204.4.

Your point about bitcoin scaling would actually lower the payouts, rather than the opposite. If bitcoin scales, and fees go down, pool earnings due to tx fees are going to be less.

And this is *still* assuming that bitcoin difficulty will stagnate or reverse, in order to maintain this profitability rate.

Feel free to double check my math. Could be I'm way off, here. But it sure doesn't look pretty from here.

Seeing as to how you don't know or seem to not know how hashflare works I'll teach you,just try tour best to follow along, at the end of the contact you can withdraw ANY amount of btc you have as balance, as well the balance does matter seeing as it's 0.02 out of 0.03, that's already at the moment $130, so people would be buy this from me only spending 400-130(atm) which is $270, now just for the sake of saying "haha hehe your math sure is right Kappa" $.50 per th x 5.68 is close to $2.70 ( something like that) now let's just times it by 4 months , around 120 days, 120x  2.70 would be around $324, 324+130= $454, and that's just for the four months not the whole contacts worth, so if Bitcoin can scale it will bring in more profit than you said it would,as well if Bitcoin gets two to three times the price of what it's now, that 2.70 will be 5.40 or around 8.30 a day... I tried to sell this account months ago and I'm perfectly fine not selling it. The fact is this whole thing is about three months old now so that fact of what you offered is not at all what I had in mind, I can see why you maybe got mad about my reply, but in "MY" pov 210 is no where near what it's worth, and if it wasn't worth more than $210 and the risk if the account you wouldn't have offered it.

Let's do some math.

1 TH/s delivers currently about 1,469 satoshi a day, after maintenance.
So your 5.68 would deliver 8,345 satoshi a day, after maintenance.

That is currently $.56 a day.

SO. That means. That assuming that bitcoin mining difficulty doesn't rise for the entirety of the contract, it will only take 714 days to break even, and get your money back from this deal. Shame the contract is for 1 year, minus however long you had it.

If bitcoin difficulty goes up as normal, I'd guess (not calculated), that it would take double that to break even. So only 1428 days until the investment is worthwhile.

Your balance is worthless. If you can't make the withdrawal minimum, you've just got a number on a screen. Not only that, but ALL of your earnings that I calculated to see ROI are ALSO worthless if you don't hit that minimum.

Your deal is just idiotic. No one who takes it, will EVER make their investment back.
The only way they might, is if bitcoin goes to the moon. And if they believe bitcoin will go to the skies, they can save money and time, by just buying the dip now. 

You called my deal "not even serious", yet it seems no one is interested at your price. Perhaps because they have done the math for themselves.
Anyhow. Good luck selling.

Bump still $400.

Bump selling at a flat rate of $400 in brc, account has 0.02 btc as balance

Bump asking 0.06 btc

That offer is no not even going to be taken to even be a considerable offer, the balance alone is close to that, as well we can all "think" of Bitcoin may or may not turn into, and if you honestly believe it will not 6k then why but the account? It will be unprofitable and hashflare will end the contracts... With a offer like that I would be way better to just wait to withdraw, if you have another offer then go for it, but please don't low ball me, I don't need the money and I'm perfectly fine with waiting to withdraw months down the road and see what the new gpus look like.

I'll make an offer of $210.
That's roughly $33 / TH/s, after the current balance is liquidated into more hashrate.

(Obviously, if you can get the first buyer up the thread, that would be better than my offer.)
I foresee bitcoin correcting, possibly to 6K. And difficulty won't stop going up.

Bump 2.0

Bump

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But it I'm willing to go down on the price and we do escrow, I want the buyer to pay the fees to balance it out.

I would be willing to do this type of deal for anyone who wants to. 400$ is fine with me.

You will use the balance to buy more hashpower before transferring the account and $400 seems fair to me.

I'm willing to do that but should the buyer get the balance of the account? (Can they) as well how much would you pay?