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Author Topic: Bitcoin Cloud Mining with HashFlare  (Read 143006 times)
lechatelier
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June 16, 2016, 10:02:43 AM
 #641

I think it's pretty improbable if not impossible for one mining center to get that kind of hashpower. Besides, hasn't Genesis Mining stated that they use other pools as well and switch whenever one is close to getting 50% market share? Like they did with GHash?


I'm curious if any of you are invested in both Genesis Mining and Hashflare and would be able to compare the results of both services per TH/s, especially in regard to the huge difference in maintenance fees.
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June 16, 2016, 10:06:38 AM
 #642

What evidence do you have to back up that claim? I'd honestly be interested in your evidence since I was thinking about investing more in hashflare than I already have. Please elaborate.

FYI, I'm not saying that they DO mine, I'm saying I don't really know. I'm very new to the scene and when I was getting informed about "legit" cloud mining services, Genesis Mining and Hashflare seemed to be the ones to choose. But I'm curious to hear how you can prove that hashflare doesn't mine.

BTW: I asked support about the whole pool distribution thing and they pretty much gave me the same information: "At the moment the best way to distribute your SHA-256 hashrate between pools is 50/50 between BTCchina and AntPool."

Simple:

Purchase some SHA256 hash. Point it 100% towards Antpool. Compare 'daily results' against https://www.antpool.com/poolStats.htm



I honestly don't know what to compare my daily results to on this website. I wasn't able to find a number on how many coins they were mining per TH/s per day. Could you get into more detail?

Let's assume you are correct, though, and hashflare isn't doing any mining of its own. Is there a legit mining service that you know of? What is your opinion on Genesis Mining? Are they legit or are all cloud mining services a ponzi scheme?

Thanks for your help!

Sure.
The amount of coins being mined is not relevant. It's the graph, which will provide the proof:

Hashflare is showing a daily graph, their "Revenue per 1 TH/s" right?
Now if you have pointed you hashes 100% to Antpool, one would see that the graph of Hasflare is inconsistent against Antpool's own graph (https://www.antpool.com/poolStats.htm)

So this could mean a couple of things:
On unlucky Antpool days, Hashflare somehow is not affected, and *magically* pops up with more revenues that day.
On lucky Antpool days, Hashflare somehow is again not affected, and alas misses the extra revenues that day.
Or, if Hashlfare's graphs are inconsistent with Antpool's, one of them two likely has a faulty database.
Or, Hasflare isn't that legit after all, at least when it comes down to SHA256.
Or, ...

^^^ Take your pick  Smiley

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lechatelier
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June 16, 2016, 10:13:57 AM
 #643

Wow, thank you very much for that in-depth reply Jessica! I will be cautious with further investments there.

Do you, by any chance, have suspicions about Genesis Mining, too? Do you know if they are a legit service?

BTW: Congratulations on reaching 1.5 BTC net profit on bustabit - I've been watching you do your thing there for the past 24 hours and it is quite impressive, may the "rape train" never come!
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June 16, 2016, 01:36:01 PM
 #644

Wow, thank you very much for that in-depth reply Jessica! I will be cautious with further investments there.

Do you, by any chance, have suspicions about Genesis Mining, too? Do you know if they are a legit service?

BTW: Congratulations on reaching 1.5 BTC net profit on bustabit - I've been watching you do your thing there for the past 24 hours and it is quite impressive, may the "rape train" never come!

Thank you, and you're welcome.

And yes, I have my suspicions regarding Genesis Mining:
The fact that they 'lock' their customers, is a red flag for me.
They also do not disclose where they are mining, at least not verifiable, so that's another red flag for me.
And the fact that their doing referral promo's, is also a red flag for me.

Regarding cloud mining, this one is a good topic: https://bitcointalk.org/index.php?topic=878387.0

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June 16, 2016, 02:25:01 PM
 #645

I have ROI with HashFlare for my previous purchase last year. Smiley I bought new power from them again. Enter at your own risk. Smiley

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lechatelier
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June 16, 2016, 02:56:05 PM
Last edit: June 16, 2016, 03:38:37 PM by lechatelier
 #646

I have ROI with HashFlare for my previous purchase last year. Smiley I bought new power from them again. Enter at your own risk. Smiley

Screenshots or it didn't happen Wink

Was any of your income from referrals? When did you start investing, how much did you invest and how much have you made?
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June 16, 2016, 03:54:58 PM
 #647

cloud mining is like this ..so if you investing you should know all this thing before ..see if you earn or not but cloud mining company will earn ..so thing before investing
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June 16, 2016, 07:06:41 PM
 #648

What evidence do you have to back up that claim? I'd honestly be interested in your evidence since I was thinking about investing more in hashflare than I already have. Please elaborate.

FYI, I'm not saying that they DO mine, I'm saying I don't really know. I'm very new to the scene and when I was getting informed about "legit" cloud mining services, Genesis Mining and Hashflare seemed to be the ones to choose. But I'm curious to hear how you can prove that hashflare doesn't mine.

BTW: I asked support about the whole pool distribution thing and they pretty much gave me the same information: "At the moment the best way to distribute your SHA-256 hashrate between pools is 50/50 between BTCchina and AntPool."

Simple:

Purchase some SHA256 hash. Point it 100% towards Antpool. Compare 'daily results' against https://www.antpool.com/poolStats.htm



I honestly don't know what to compare my daily results to on this website. I wasn't able to find a number on how many coins they were mining per TH/s per day. Could you get into more detail?

Let's assume you are correct, though, and hashflare isn't doing any mining of its own. Is there a legit mining service that you know of? What is your opinion on Genesis Mining? Are they legit or are all cloud mining services a ponzi scheme?

Thanks for your help!



You have viewed the nicehash ? you rent equipment for hours of people who are by mining , I started today mining ltc. I'm in hashflare to 3 days, with a $ 30 investment in sha -256 until now I have 0.00079892 BTC . I would advise buying Scrypt because the rates are much lower and profit this a little better.

About the pools of Scrypt ....


"Hi!

At the moment the best way to distribute your Scrypt hashrate between pools is 50/50 between LTC1BTC and F2Pool and your SHA-256 hashrate between F2Pool and AntPool.

Regards,
Christine
HashFlare.io Support Team"
lechatelier
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June 16, 2016, 08:37:50 PM
 #649


"Hi!

At the moment the best way to distribute your Scrypt hashrate between pools is 50/50 between LTC1BTC and F2Pool and your SHA-256 hashrate between F2Pool and AntPool.

Regards,
Christine
HashFlare.io Support Team"

From when is that information? I asked their support yesterday the very same question and for SHA-256 they answered "50/50 BTCchina and AntPool".
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June 16, 2016, 08:42:40 PM
 #650


"Hi!

At the moment the best way to distribute your Scrypt hashrate between pools is 50/50 between LTC1BTC and F2Pool and your SHA-256 hashrate between F2Pool and AntPool.

Regards,
Christine
HashFlare.io Support Team"

From when is that information? I asked their support yesterday the very same question and for SHA-256 they answered "50/50 BTCchina and AntPool".

Yesterday. I am thinking of applying more money in nicehash ROI very faster , I'm thinking of investing more in nicehash
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June 17, 2016, 04:41:51 AM
 #651


"Hi!

At the moment the best way to distribute your Scrypt hashrate between pools is 50/50 between LTC1BTC and F2Pool and your SHA-256 hashrate between F2Pool and AntPool.

Regards,
Christine
HashFlare.io Support Team"

From when is that information? I asked their support yesterday the very same question and for SHA-256 they answered "50/50 BTCchina and AntPool".

Yesterday. I am thinking of applying more money in nicehash ROI very faster , I'm thinking of investing more in nicehash

How do you roi in nicehash? I do not understand

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June 18, 2016, 05:52:41 AM
 #652

What exactly s been disabled? Only Ether or everything?

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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June 18, 2016, 06:23:16 AM
 #653

What exactly s been disabled? Only Ether or everything?

only ether buyign adn mining ..

But alos i can for script and sha256 today's earning is also not credited till now ..which happen till now ..not not today ..not sure what is going on with hf
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June 18, 2016, 06:37:40 AM
 #654

What exactly s been disabled? Only Ether or everything?

only ether buyign adn mining ..

But alos i can for script and sha256 today's earning is also not credited till now ..which happen till now ..not not today ..not sure what is going on with hf

That s why I ask. I also see earnings not being credited. This Ether issue should not affect all other payouts.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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June 18, 2016, 06:43:32 AM
 #655

i really like the service of hashflare and the style of the Site.
Also its lifetime contract.

Somebody of you guys got some report over ETH Mining on Hashflare?
That would be nice to hear about!

regards

★☆★ 777Coin - The Exciting Bitcoin Casino! ★☆★
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June 18, 2016, 12:34:57 PM
 #656

i really like the service of hashflare and the style of the Site.
Also its lifetime contract.

Somebody of you guys got some report over ETH Mining on Hashflare?
That would be nice to hear about!

regards
ETH Mining is suspended. Party is over.
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June 18, 2016, 02:06:20 PM
 #657

i really like the service of hashflare and the style of the Site.
Also its lifetime contract.

Somebody of you guys got some report over ETH Mining on Hashflare?
That would be nice to hear about!

regards
ETH Mining is suspended. Party is over.

No party is not over just delayed for some time sir
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June 18, 2016, 04:14:23 PM
 #658

Everything else, not related to Ether, seems to be operational.

It s great time to buy Ether, BTW.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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June 18, 2016, 04:21:16 PM
 #659

Everything else, not related to Ether, seems to be operational.

It s great time to buy Ether, BTW.

yes now everything working fine after they have done some maintenance
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June 18, 2016, 04:41:04 PM
 #660

What exactly s been disabled? Only Ether or everything?

only ether buyign adn mining ..

But alos i can for script and sha256 today's earning is also not credited till now ..which happen till now ..not not today ..not sure what is going on with hf

That s why I ask. I also see earnings not being credited. This Ether issue should not affect all other payouts.

It's not a Ether issue currently ongoing, it's a DAO issue.

Mining Ether has nothing to do what is currently going on regarding the DAO. That they 'stopped' everything surrounding Ether on Hashflare's site should raise a flag, and if one would be wise, a red one.

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    ██    ▒▓███████▓  ██       ██▒  ▒██   ██  ░██  ▓█░  ██░ ░██  ▓█▓   ▓██▓▒▒███   ███  ░███  ███  ░██▓░▓██▒  ███  ░███
     ██░       ░    ░██        ██████▓    ▒█████   ░█████░  ▓█████▓     ▒█████▓    ███  ░███  ███   ▒█████▒   ███  ░███
      ▒██          ██▒                                      ██                                                   
        ▒██░     ▓██                                       ▒█▓                                                         
          ▓██░ ▓██░                                        ██░                                                         
            ▒██▓
Tor Integrated & Secured
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