Hashflare.io does not instill confidence in its users at all. I have a bad feeling about this service now that they have a high minimum withdraw. Why can't their users just pay the higher fee and withdraw whenever they want? I hope they are implementing user-selectable fees.
I would because it is nice to have a form of money that you control. I think it would be popular even if stable but it would take a lot longer to be adopted. The greed in this market is insane at the moment and driving the price.
As long as there are new algorithms there will be opportunities to mine with a GPU. It takes a very established and profitable algorithm to get ASICs built for it since it takes a significant investment. This could change but not in the foreseeable future. FPGAs can be applied to many algorithms I think but it requires a lot of skill to program.
There have been ASICs for Scrypt (Litecoin) and probably coming for Ethereum.
Cloud mining has been notoriously shady unfortunately. Also if you are spending Bitcoin to mine Bitcoin that's almost always a losing prospect with rising Bitcoin difficulty and price.
Very interesting! In the US we have more expensive cost of living and our minimum wage varies from state to state but if we use the federal minimum wage ($7.25) and an 8 hour work day that is $58/day or roughly 7 millibitcoin per day at current prices. Over 30 days would be 212 millibitcoin per month but that is assuming a person worked every day with out taking weekends or other time off.