Bitcoin Forum
June 24, 2024, 08:30:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Service Discussion / Re: Hashflare, withdraw o reinvest? on: December 26, 2017, 11:38:38 PM
I have got an account at Hashflare, but I do not know what is better withdraw o reinvest?

The contract is for one year, if spend all year reinvesting never get money. My doubt is: Why Hashflare let user reinvest option?

Thanks in advanced.
Wow a guy with daring to reinvest his investment? Hm, not that I'm against the hash flare or something like that but to be honest you will never get the investment back with this website or cloud mining site and even not with any trusted or high ranked mining. The thing is they do not work in the way they should work really. The golden time is gone brother. Cloud mining doesnt work now, they have there terms of contract limited to one year only and with your investment you will never reach the ROI. So you won't be able to get what you invested. For now you should cash out the withdraw amount if it is really possible for you. Because the minimum cash out is around 0.01 for hash flare now. To achieve this one is impossible now a days and fees are killing the fun. So please check everything twice.

I started to reinvest for about 2 weeks, and then I switched to cashout. After about 8 days now I got about 9% back. The calculation on their own page said ROI in about 60 days if I remember correctly when joining. But if this continues I guess it will turn out to be about 100 days, which I think is acceptable.
I will cashout for some time now before starting to reinvest again. If and When I get my investment back then I will turn on reinvestment "for ever" (well ok, for about a year to be more exact)
2  Economy / Service Discussion / Re: Hashflare, withdraw o reinvest? on: December 26, 2017, 04:18:34 PM
Still not clear if reinvestment amount will be considered as a new contract purchase which will last one year. Can anyone please clarify this?

Yes, every reinvestment is a contract of its own and will last about 365 days.
I do not know this by experience, I read about somewhere else plus. Also I applied logic. Since the initial purchase is limited to a year also every purchase per reinvest must be limited to one year.
Also there is this calculator I linked below.
https://whatsmyip.com/hashflare
You can set your initial investment and the hashrate you got.

I'm one of the people who tried first buying a little hashrate, then deciding several days later it is worth buying a decent amount of hashrate.
The second purchase is stil pending. I recon the 14 days you have to wait for withdraw, after registering or setting/changing wallet adress also counts for purchases.
It is nowhere clearly stated but many people who make their first purchase are getting through. And I am sitting here and presumably waiting for the 14 days period to end so my second purchase can start.
Wrote a ticket and the stated time that I have to be patient for an answer is after christmas eve.

Since I trust HF (do I have even a choice after making payment in BTC?) I planned to reinvest for about 4 to 6 months. Withdraving BTC to a trusted wallet when I can get initial investment plus 10%.
The rest I'd just let sit there for the cummulative contracts to end and then decide wether I should reinvest.

Thanks I totaly agree.

And https://whatsmyip.com/hashflare is probably the best/most honest online caclucator out there. Tweaking it a bit with a supposedly higher bitcoinprice increase gives a very nice result. Its possible to reinvest for 3-4 months and then turn it off and just restart the calculation with what you got after those months. The plan is to add ability to turn off reinvest or add extra founds after a set amount of time.
3  Economy / Service Discussion / Re: Hashflare, withdraw o reinvest? on: December 17, 2017, 05:47:06 PM
There is several errors in your thinking about reinvesting.

For example if you Buy say 100THs today and activate reinvest right away. You will have about 500THs after 4-5 Months.
After 366days you will start to lose your initial investments but all the later investments has probably built up a total hashrate of over 1000THs, perhaps alot more.

And day 367 you will only lose about 1.8THs but you will gain like 80THs since you already have so much.

To make this easier to understand there is a very good calculator out there that not many know about:
https://whatsmyip.com/hashflare

Have a look at that one and also when clicking the "see more" button to the right you will also get to see HashFlares own calculation.
I think that if you scroll down one year then you will fully understand what I am getting at.

so.. https://whatsmyip.com/hashflare look at it and comment if there is any questions about it.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!