Bitcoin Forum

hi guys, do anyone see a real profit when is reinvesting in hashflare? I started one week ago in sha-256, and I'm getting a bit more thank at the begining but I think it was because the btc when up because, when I just reinvest and see the pronostic, It appears exactly the same than the day before ( sometimes mote, sometimes less ) can someone explain me how does it work exactly? I started with 4,42 Th, right now i got 4,70.

Thank you
 

Dude you will not get profit, even if you spend months you will not make a profit and you will have many very serious problems with hashflare

- BTC minimum withdrawal amount is set to 0.05 BTC. (https://twitter.com/hashflare/status/944226914948050944)

- They do not respond to support tickets

- High transaction times.





Do not rely on the estimation of earnings because they do not correspond to reality

I think with 4,7 TH no magic will happen on your account and earnings.

Be sure you are re-investing. There are different strategies to use when investing into Hashflare.
The longterm predictions are off, but there are spreadsheets with current data and exchange rates, that you can input and get a more accurate prediction.

I am at around 70 TH and reinvesting and accumulating more hash power. At this level, the hash power is increasing by nearly 1 TH every day and the payout is increasing aswell.

Will see how it pans out.

Good luck

Hashflare will probably soon go down. Their support is awful slow. Lifetime contracts will end this year (ok, it seems tobe still better than on Genesis. They seem to finish contracts after  2 months). For several customers withdraw minimum became to high and they cannot cashout anymore. So, try to cashout as soon as possible and don't reinvest.

Yep, you are just investing a lot of money and you are going to earn dust in a few months from now. Maybe you invest $1000 now, and in two months you will have $30. Hashflare is SCAM.
Exactly, who the fuck is always going to withdraw more than $700 at a time? You need to have a lot of power, not even an Antminer S7 can give you that amount of money every month.
You need an investment of $5000 or a little bit more in order to withdraw $700 every three weeks. came on, this is the biggest scam that i have ever seen.

GOD I fail to understand why people to continue to reinvest  in things that are without a doubt scams. Like think about the 'idea' behind the cloud mining scheme, people are going to allow you to pay them to run THEIR machines and pay you the profit in the middle. Now why would they do that? IT LITERALLY MAKES ZERO SENSE

Why don't these people just run their own machines and get capital from somewhere else? So their only way to make money is to squeeze for fees and run away with the cash when they get 'hacked'

Only an utter fool reinvests his earnings. It's exactly what they wants you to do, because when you get into that reinvestment cycle, it means that they don't have to pay you anything, because you're dumb enough to give it back.

Reinvesting means you start with zero actual income each and every time again. Cloud mining is stupid by default, but even more so when people start with reinvesting their earnings.

Why don't you just donate your money to them? It saves you a lot time and hassle, because the long term result remains the same. These cloud mining services should get avoided and dry out, and not rewarded like people do.

Great advice...calling the OP a fool and claiming he just got scammed. You guys are toxic.

What's really disgusting is that you are pushing scams in your sigs.

@OP - don't consider reinvesting until Hashflare lowers their prices.

Doesn't anyone have a positive experience with Hashflare in this forum? Are only actual hardcore ASIC or GPU miners present?

I think, in front of anything, there are two things you need to do:
Invest enough, so you can cash out quickly and gain profits afterwards OR invest a moderate amount, reinvest to gather more hash power, have a later but overall quicker ROI and than have an interesting profit in the end.

Small investments won't get you interesting turnarounds. Quick cash ins won't get you an interesting profit.

I am personally running an experiment with 15k and around 70 TH, reinvest and gather up more hash. When I reach a certain amount of hash power, I change my strategy. A year contract is adequate I think.

Hash power desintegrates/looses it's profitability with growing algorithm difficultiy, uncertain bitcoin price and all possible volatility aspects.

Cryptocurrency is a very fluctuating and uncertain investment to begin with. Don't invest anything you cannot afford to loose.

Can't tell about withdrawl as I only invested small money so it might take some time if the minimum for BTC remains that high.
For Ether it will be earlier.

Beside that last test of quality I like Hashflare. I like how their site works, enough deposit options, decent results in mining (on par with the numbers reported by the Pools).

So, yes ... I'm one of those who still believes that Hashflare is legit and will give you a ROI in about 3-5 months.