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Author Topic: WTS Hashflare account for sale 5.68 THs, 0.016 balance, asking for 500$ in btc  (Read 194 times)
NightMareEx (OP)
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April 06, 2018, 04:47:50 PM
 #21

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.
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April 06, 2018, 05:06:52 PM
 #22

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Firstly, while hashflare support *says* they allow balance transfers to be withdrawn at the end of contracts, I have not seen proof of it happening, and do not trust that it would, as it is not officially declared.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

 
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