Can I Trust Hashflare.io ?

[Capradina]

Maybe it is legit , but I have learnt a lesson from the previous scam sites like hashocean and topmine and others , especially , hash ocean which was paying for long time , then surprisingly it went down and scammed .

Yeah indeed at the beginning of the emergence of a mining site for sure everyone will get what they are saying, but after walking some time surely they would never again benefit from what since the early cloud mining said. All cloud mining will inevitably end up on the SCAM because surely using the ponzi system

[Barcode_]

I think the best option is not to invest huge amount of money on cloud mining site, you never know when this type of site will shut down.

[deadsilent]

There are many negative feedbacks about mining. You invest on other sites like gambling sites other than mining. They always say that cloud mining sites are turning into a scams. You must be aware with that. Check if its legit and paying.

[lumeire]

I'd recommend you stay with Hashnest. Besides mining, if you're bored you can trade your GHs there.

[SAMKUSH]

I would recommend to stay away from cloud mining sites, most of them are scams or ponzis so you are likely to lose bitcoins, even if there are real sites it is incredibly hard to profit from them.

[redsun114]

Cloud mining is almost always going to be a bad investment..

Agree, They always run before people hit their ROI 

Avoid Cloud mining they are PONZIS!

But I'm pretty satisfied with "Genesis Mining"  Whereas Hashflare.io may be risky :/

They're both likely ponzi scams, and there are better ways to invest your money. Just because one site has paid out doesn't mean it's legit. Consider the fact that all of their photos could be fake or photoshopped.

Same thing is with the forum, one user can have a good reputation, but can still scam people and run.
Besides all of this, there are much easier ways to grow your bitcoin, such as trading and even investing in gambling sites, which are both *relatively* safe ways to earn. There's risk with everything, and cloud mining is a very big risk.

[Daffadile]

Cloud mining is almost always going to be a bad investment, even if you ignore the fact that almost all cloud mining companies turn out to be scams. The cloud mining company will need to buy hardware, pay for electricity, maintain the equipment and turn a profit. If you were to buy hardware yourself and have it hosted then your overall profit would be greater because you would be cutting out the middleman who would be taking their own profit.

Edit: from the looks of it, the pricing for genesis mining appears to be better then that of Hashflare.io so if you think genesis is legit then you probably would want to buy from them.

That is so but you would need money to do that, also don't forget the mining machine could break down and then there is the waiting period and many sites scam users or they mine with the users mines till they decide to ship them. The longer the shipment the more you lose. You also will have to work out things like the cost of the machine and power vs the amount of output you getting because you may need a minimum of a few rigs just to be in the game and keep up. Only buying a smaller less powerful rig might end up costing more due to electricity and being uneconomical with it.

[BitMaxz]

According to pics in instagram there is no proof that they are mining those picture wit people there is no hashflare or something words or tags tags that you can see them with hashflare.. hashcoins is different in hashflare..
Only i big sign of bitcoin and CPA Cost Per Action that i seen in the pics.. those a common business online..

[ImHash]

There is only one thing you can always count on which is losing your money when it comes to cloud mining.
They don't have enough investor to scale up so it's not within reason to think cloud mining would benefit them.

[krishna1]

Cloud Mining a Bad idea bro For investing your Bitcoins Because Now Cloud Mining Sites are Scamming People and You will not make any Profit With it.
I Suggest you that if you want to invest then you can invest in Trading Because Trading is better than Mining....

[Lionidas]

Everybody and their grandmother knows not to trust in these common everyday scams.
Cloudmining is a farce you will not get anything from investing into it, PERIOD!

[Mauser]

After the recent hash ocean scandal I would stay away from all cloud mining sites. In the end they are all just Pontiac schemes. It is just kit worth the risk.

[densuj]

Mostly of cloud mining are scamer, but if you wanna make Investment on hashflare.io make sure you do it with you can lost in it. Because it is Investment always there are risk on there, so we must manage risk, money, and (ROI) return of Investment.

[crazyivan]

It always come to the fact about showing mining address and photos of the farm. Not 5 GPUs or 1 machine, A FARM!. Whatever you analyse, seek these elements.

[senyorito123]

Mostly of cloud mining are scamer, but if you wanna make Investment on hashflare.io make sure you do it with you can lost in it. Because it is Investment always there are risk on there, so we must manage risk, money, and (ROI) return of Investment.

Not only mostly but all of them even though legal companies can have potential to be scam.since we know that their operation are not profitable nowadays and how much more for these upcoming months and years will be past, and im very that one of them will collapsed and brought scammed the money of their investors thats why its not very advisable to invest in that scheme since we all know what are the consequences if we will still risk our money in that kind of sites.

[Patatas]

It always come to the fact about showing mining address and photos of the farm. Not 5 GPUs or 1 machine, A FARM!. Whatever you analyse, seek these elements.

On a serious note,the farms which ideally exists in the big space with 100's of miners and high power GPU's,are very confidential in leaking the photos online to keep off the competitors.They have very limited sources to prove their legitimacy on their official website (if at all it exist).All the other cloud mining ponzis fake both,address and photos.

[passivebesiege]

every cloud mining have a risk being scam but hashflare is one of trusted cloud mining right now and i hope they never being scam

Even its real cloud mining  do not condemned a certain there is some trusted cloud mining sites that's close , accept the risk when you join in it and some day it will close even if it's real cloud mining this not means there will no chance to loose, if the company loose and not have profit there need to close .

[Hellacopter]

I don't know about Hashflare, but it's "cloud mining" site and personally i don't trust anymore such sites , especially after the famous HashOcean scam. Avoid investing there, that's my advice for you.

[crazyivan]

It always come to the fact about showing mining address and photos of the farm. Not 5 GPUs or 1 machine, A FARM!. Whatever you analyse, seek these elements.

On a serious note,the farms which ideally exists in the big space with 100's of miners and high power GPU's,are very confidential in leaking the photos online to keep off the competitors.They have very limited sources to prove their legitimacy on their official website (if at all it exist).All the other cloud mining ponzis fake both,address and photos.

Why would they hide those photos? Genesis s got bunch of photos and videos online. Hashnest s got bunch of photos and videos online. So what s the big deal?

[mindrust]

No. Cloudmining is over. Don't trust any company which defines themselves as a cloudmning company. A company or B company doesn't matter anymore. For some companies people said "that company is the business for a long time, i think they are trusty" yet they scammed people. Do you get where i am going?