Bitcoin Cloud Mining with HashFlare

[kpgduras]

It looks like HF is having a seasonal 25% promo.

Reminds me of Ore-Mine.org who also had a "sale" prior to their demise

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[wlefever]

What's the occasion for the sale?  Shouldn't prices just be lowered based on the large amounts of recent hash added to the network?

[crazyivan]

It looks like HF is having a seasonal 25% promo.

Reminds me of Ore-Mine.org who also had a "sale" prior to their demise

Dont be so negative. Maybe they simply need more funds to increase the farm or pay for research. However, I do also feel uneasy whenever I see some kind of discount, not related to some holiday.

[sishendaoye]

It looks like HF is having a seasonal 25% promo.

Reminds me of Ore-Mine.org who also had a "sale" prior to their demise

Dont be so negative. Maybe they simply need more funds to increase the farm or pay for research. However, I do also feel uneasy whenever I see some kind of discount, not related to some holiday.

With cloud mining you should be carefull like all the time.
So many cloud mining companies have run away with investors' money.
None of the cloud mining companies have giving users to make a decent amount of profit either.

[btckold24]

yeah I got the sale email and it worried me as well.

So they are just gonna give away 25% for fun? I mean margins arnt that high thus it worries me and makes me think anytime there
is a sale it means look out!

[crazyivan]

yeah I got the sale email and it worried me as well.

So they are just gonna give away 25% for fun? I mean margins arnt that high thus it worries me and makes me think anytime there
is a sale it means look out!

@Hashflare, any comment on this? Why and why now?

[jokerboy]

yeah I got the sale email and it worried me as well.

So they are just gonna give away 25% for fun? I mean margins arnt that high thus it worries me and makes me think anytime there
is a sale it means look out!

Yesterday hostgator gave %50 sale too. I don't know why, but I just want to say.

Edit : Now on hostgator website :  "Now 60% OFF*"

[crazyivan]

yeah I got the sale email and it worried me as well.

So they are just gonna give away 25% for fun? I mean margins arnt that high thus it worries me and makes me think anytime there
is a sale it means look out!

Yesterday hostgator gave %50 sale too. I don't know why, but I just want to say.

Edit : Now on hostgator website :  "Now 60% OFF*"

Maybe u re right. We re almost fudding a service which provides us nothing but love.

I ll stop, immediately. Thx Hashflare.

[HashFlare]

Hi guys!

As for the discount campaign. As you may know, we do them often enough, because we want to maintain more or less stable ROI – essentially the cheaper you buy hashrate the better. Yes, this method won’t solve the global problem of mining difficulty increase, however this is the best we can do. At the moment, we are working on equipment renewal in our data center, which will reduce the maintenance fees.
As for the new withdrawal feature without commission. Initially, our service was conceived as an alternative to actual mining for those users who want to avoid difficulties with setting up and maintaining miners. That is why we tried to make our service as simple as possible for our users. Adding an option to set your own commission (or disregard it completely) for the withdrawal of funds is a serious revision of the whole service. With taking all the current plans to improve the system into consideration (such as adding the Litecoin balance), we can’t promise that we will change anything about the commission in the near future. However, we will definitely consider it.
Again I would like to remind: investing in cryptocurrency is a risk, please don’t forget about it, especially beginners. Invest wisely.
Thank you in advance for understanding.

[wlefever]

Thanks for the comment/update.  Looking forward to the potential of receiving my Scrypt balance in LTC!

[arbitrage]

Is it profitable cloud mining l don't have any clue?
And what is best service to start mining?
All my mining were with GPUs..

[LsHallo]

Is it profitable cloud mining l don't have any clue?
And what is best service to start mining?
All my mining were with GPUs..

You will find many companies that offer a quick roi, but the risk that they might scam you is really here.

Also there are some sites out there that offer a roi of about 350 to 700 days. They might be a little bit more legit. One is HashFlare. Another one is GenesisMining or Hashnest or GigaHash. Do your own research in which site you want to invest.

Maybe you want to have a look at http://www.cmmonitor.com/bitcoin-cloud-mining/, they test the cloud mining sites for you and report the daily payments. But most of the companies they test are scams.

[biggbox]

This is what I see when I log into HF. This means I cannot withdraw at the moment. Hope this will be resolved asap.

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Attention! The automated email service we use is currently experiencing technical issues. There is no given timeframe on when the situation will be under control. In case of any questions or additional issues please contact our support. Thank you for your patience and understanding.
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[crazyivan]

This is what I see when I log into HF. This means I cannot withdraw at the moment. Hope this will be resolved asap.

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Attention! The automated email service we use is currently experiencing technical issues. There is no given timeframe on when the situation will be under control. In case of any questions or additional issues please contact our support. Thank you for your patience and understanding.
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I see that too and I made a withdrawal yesterday. It does not mean you cannot withdraw, it only means you might wait for a few hours for the confirmation e-mail. Request withdrawal and be patient. Pls report back here if something s wrong.

[galacticpilgrim]

So far so good.

I used my credit card to purchase hash back in December and everything went through perfectly. 

I recently withdrew .03 without any issues.  I'm not sure how long it took to show up in my wallet, but I do know that it took at least 8 hours or so, maybe a bit more.

I am really pleased with the service thus far.

[Kh30pS]

Hi guys,

I'm a newbie into bitcoin mining, but yesterday I thought that was a good idea to invest into cloud mining.
I bought 1 TH/s from HashFlare for 330$. Today I saw the payment history looking like this :


Entry   Time   Amount (BTC)   Balance (BTC)
SHA-256 payout   31.01.16 00:14   0.0043489   0.0043489
SHA-256 maintenance fee   31.01.16 00:14   0.00262628   0.00172262

After 1 day of mining I receive 0.00172262 Bitcoins. ~ 0.65$ at 376.57$ priced today. In this condition I can recover my money in ~ 507 days . Considering that difficulty is growing fast I can't even recover my money unless BTC/USD will be better. I sent an email to HashFlare to  cancel my order and return my money. I hope everything will be ok.

I will announce you how they treat people in this situation.

[LsHallo]

Hi guys,

I'm a newbie into bitcoin mining, but yesterday I thought that was a good idea to invest into cloud mining.
I bought 1 TH/s from HashFlare for 330$. Today I saw the payment history looking like this :


Entry   Time   Amount (BTC)   Balance (BTC)
SHA-256 payout   31.01.16 00:14   0.0043489   0.0043489
SHA-256 maintenance fee   31.01.16 00:14   0.00262628   0.00172262

After 1 day of mining I receive 0.00172262 Bitcoins. ~ 0.65$ at 376.57$ priced today. In this condition I can recover my money in ~ 507 days . Considering that difficulty is growing fast I can't even recover my money unless BTC/USD will be better. I sent an email to HashFlare to  cancel my order and return my money. I hope everything will be ok.

I will announce you how they treat people in this situation.

Well I think you should have known the risk that comes with this kind of investment. It is a pain, that with the increasing difficulty your income decreases. I bought into GigaHash about a year ago and my roi reached 48%. But with the increase of the difficulty my daily earnings went down from 0.0003 to 0.0001. So i'm getting 0.08% a day. My roi is now 1080 days. It's far into 2018. A wonder has to happen to achieve my roi. It's the sad truth, that you either have free electricity or you will hardly make any money. Referrals are always an option you may consider to achieve a faster roi.

But HashFlare is enrolling new Miners to reduce maintenance fees. So maybe your roi is getting better in the next days/months.

I you don't get a refund maybe you should consider selling your account in the trading section of this forum.

[crazyivan]

Hi guys,

I'm a newbie into bitcoin mining, but yesterday I thought that was a good idea to invest into cloud mining.
I bought 1 TH/s from HashFlare for 330$. Today I saw the payment history looking like this :


Entry   Time   Amount (BTC)   Balance (BTC)
SHA-256 payout   31.01.16 00:14   0.0043489   0.0043489
SHA-256 maintenance fee   31.01.16 00:14   0.00262628   0.00172262

After 1 day of mining I receive 0.00172262 Bitcoins. ~ 0.65$ at 376.57$ priced today. In this condition I can recover my money in ~ 507 days . Considering that difficulty is growing fast I can't even recover my money unless BTC/USD will be better. I sent an email to HashFlare to  cancel my order and return my money. I hope everything will be ok.

I will announce you how they treat people in this situation.

How long have you been reading and analyzing stuff before you decided to invest? 20 sec? People simply have no patience to read about stuff in this great economy. If you wanted hashflate, why didnt you go with scrypt contracts, much faster ROI. I guess that required some reading too.

[Kh30pS]

I wrote yesterday an email, but no response until now. I don't recommend anyone to buy from them. Meanwhile I requested the refuse to pay from my bank.

[bit4money]

Hi guys,

I'm a newbie into bitcoin mining, but yesterday I thought that was a good idea to invest into cloud mining.
I bought 1 TH/s from HashFlare for 330$. Today I saw the payment history looking like this :


Entry   Time   Amount (BTC)   Balance (BTC)
SHA-256 payout   31.01.16 00:14   0.0043489   0.0043489
SHA-256 maintenance fee   31.01.16 00:14   0.00262628   0.00172262

After 1 day of mining I receive 0.00172262 Bitcoins. ~ 0.65$ at 376.57$ priced today. In this condition I can recover my money in ~ 507 days . Considering that difficulty is growing fast I can't even recover my money unless BTC/USD will be better. I sent an email to HashFlare to  cancel my order and return my money. I hope everything will be ok.

I will announce you how they treat people in this situation.

With your calculations, it will take nearly 17 months to reach ROI on your investment! This without any reinvestment! If you reinvest some of your payments, you will have a faster return!
I think it is a good investment!
I only have 0,91 TH/s and consistently withdraw every 7 days, last week for the first time it took about 6 hours to receive it, yesterday I got it after 1 hour.
No business in the world, would give back money, claiming that you made a mistake.