Bitcoin Cloud Mining with HashFlare

[Smoke12]

Wich pools are u guys doing? I do 55 TH/s: 75/25 Antpool/F2pool now.

how much u earn yesterday ? i dont have f2pool in my panel

Yes, you have F2pool for sure when u have 256 contract. You can add/delete pools etc.. See youtube (best mining settings hashflare instructions)

Join the Telegram chat > Hashflare (unoffical) it tells you everyday the most profit pools..

15-12-2017 - SHA-256
0.0001614 BTC (F2)
0.0001620 BTC (Antpool)

[kindlestick]

Ouch tried to log in a few times. Kept getting the "disable ad blocker" error message even though I have it disabled then got hit with a CloudFlare ban.

[Steffoboy]

I fail to read all the instructions on the website, whats wrong here can anybody help me to read, is Hashflare a scam as the Taxi i failed to understand where it went?

[Halikin]

Quick question to everyone: Is it okay if I leave my btc wallet id empty on HashFlare for now? will it still mine and update my account while that field is left empty?

IDK, but I think that there is no problem, since hashflare don't automatically (for what I saw) send BTC. You have to request a withdraw.

https://hashflare.zendesk.com/hc/en-us/articles/202879272-Why-am-I-unable-to-withdraw-funds-from-my-account-balance

That FAQ says that if you change the wallet, your account will be put in hold for 14 days. Not allowing any withdraws for that period.

Thanks for sharing your experience, btw.

[wolverine5pl]

I saw I can pay for sha256 with EMC. is that Emercoin? BTC fees are killer, want to avoid losing money.

[Lane11]

So... how to get money out of hashflare when they  suspended all new BTC withdrawals? Seems fishy right when their domain is about to expire... Even if its not an issue

[Steffoboy]

So... how to get money out of hashflare when they  suspended all new BTC withdrawals? Seems fishy right when their domain is about to expire... Even if its not an issue

ok dude i think you are fishy, now u go and send a lowest fee transaction and dont get back until it is confirmed, see you in 7-8 days, have a nice week. Since you cant make it faster, you are now suspected to be a total scam.

[Lane11]

So... how to get money out of hashflare when they  suspended all new BTC withdrawals? Seems fishy right when their domain is about to expire... Even if its not an issue

ok dude i think you are fishy, now u go and send a lowest fee transaction and dont get back until it is confirmed, see you in 7-8 days, have a nice week. Since you cant make it faster, you are now suspected to be a total scam.

i have no idea why you name calling me? i have a concern but i guess no help here just aggression & name slapping.

[Steffoboy]

So... how to get money out of hashflare when they  suspended all new BTC withdrawals? Seems fishy right when their domain is about to expire... Even if its not an issue

ok dude i think you are fishy, now u go and send a lowest fee transaction and dont get back until it is confirmed, see you in 7-8 days, have a nice week. Since you cant make it faster, you are now suspected to be a total scam.

i have no idea why you name calling me? i have a concern but i guess no help here just aggression & name slapping.

u people who fail to understand what time a transaction takes, and call out scams can shut up for a while, don't come here expose you are noobs. Spend the time to learn something. I still think you are a total scam, and fishy, cuz u cant send low fee transactions in less than a week, in fact, no one can, but since you cant do it, you are a scammer.

[Steffoboy]

Happy days
Hashrate falls as bitcoin rushes
Fees will go up but transactions will be delayed, instead, we may get a drop in difficulty next leg.

Hashrate      
      
1214 14800.09
1215 15116.6   2.138568076   %
1216 12977   -14.15397642   %
      

[f4]

The drop from 16k phash to 12k phash in the last 24 h maybe remarkable, although I guess it is just a matter of time untill the next spike.
The current retarget estimate is still +15%, two days earlier that usual.
The nice thing about hashflare is that fees are taken in USD, they constantly keep dropping with rising BTC prices.

[Steffoboy]

The drop from 16k phash to 12k phash in the last 24 h maybe remarkable, although I guess it is just a matter of time untill the next spike.

The current retarget estimate is still +15%, two days earlier that usual.

I think its part of the manipulation of the difficulty, i think they drop it now to be able to get the average mean higher so the difficulty goes up drastically again, after that, they withdraw their hashing power again, and repeats it.
We are due for a drop right now, not an increase:
Bitcoin Difficulty:    1,590,896,927,258
Estimated Next Difficulty:    1,328,621,131,354 (-16.49%)
https://bitcoinwisdom.com/bitcoin/difficulty

[f4]

Ya thought about that too, who knows how these huge mining centers in China, Russia, North Korea etc. are playing this game, but after all it actually doesnt make sense, as the average income and the average block generation time since the last retarget should be the same in relation to the next change.

Before the last difficulty change bitcoinwisdom also estimated a two digit drop, I don't get why their forecast is always so terribly wrong, as it was one of the first websites to show the difficulty calculations at all.

https://fork.lol/pow/retarget

Was pretty accurate last time with +16%.

[Steffoboy]

Ya thought about that too, who knows how these huge mining centers in China, Russia, North Korea etc. are playing this game, but after all it actually doesnt make sense, as the average income and the average block generation time since the last retarget should be the same in relation to the next change.

That was was happened the last time for correction, we were in for a drop, then block time dropped from 14 minutes to 10, and then difficulty went up, all that hashpower is now going away again, makes perfect sense if u have huge stakes in making Bitcoin Cash the new Bitcoin. That's what i think they are up to.
It can be seen on the chart from your link. But ofc this can be haspower that is offline when not used, and not switched to BCH, but its clearly seen that Hashpower goes and come from BCH to BTC

[f4]

Switching almost half of the entire mining network to BCH around the fork for a few days, was definitly the biggest swap of hashpower in Bitcoin history, and it is evident that the largest manufacturer of asics, Bitmain, was involved in that manipulation in order to pump BCH, causing Bitcoin an overfilled mempool of unconfirmed transactions.

This gave us almost 4 weeks of dropping difficulty, awesome times for mining BTC, but as BCH fixed their mining algorithm now, I guess we are back on track, and this looks like this

[Steffoboy]

Switching almost half of the entire mining network to BCH around the fork for a few days, was definitly the biggest swap of hashpower in Bitcoin history, and it is evident that the largest manufacturer of asics, Bitmain, was involved in that manipulation in order to pump BCH, causing Bitcoin an overfilled mempool of unconfirmed transactions.

This gave us almost 4 weeks of dropping difficulty, awesome times for mining BTC, but as BCH fixed their mining algorithm now, I guess we are back on track, and this looks like this

the image is difficult to read this is the 2-month chart



https://bitcoinwisdom.com/bitcoin/difficulty

Expected difficulty

[motoprose]

Is it even worth it to buy hash power from cloud mining sites such as this one right now?
I don't see a point since hashpower is so low while your bitcoin value is so high.

Maybe when it was worth half as much two months ago and have it rise since then.
But not now.

[Steffoboy]

Is it even worth it to buy hash power from cloud mining sites such as this one right now?
I don't see a point since hashpower is so low while your bitcoin value is so high.

Maybe when it was worth half as much two months ago and have it rise since then.
But not now.

traders drive the price up and miners keep the network secure, and provide the translation of exchanges, choose who you want to be, trader/miner

For me, i wish i just held all my investments in bitcoin, but if i did that i would never have started them, it starts with an interest, and then you chose what you do, and you learn along the way, and settle for whats suits you.

Mining is up since price starts rise, and if it rise more it will get better. But if u trade the upside and sell at the top, you earn more money per dollar spent than mining.

[Rogerdale]

Expected difficulty

This site shows incorrect information, do not trust it. On the next adjustment difficulty will not go down 16%, it will go up about 13-14%. Do you own calculations, calculate average block time manually from https://blockchain.info/blocks.

Expect at least 10% difficulty increase on each adjustment (on average), I would say 12-13% on each adjustment even more realistic.

Is it even worth it to buy hash power from cloud mining sites such as this one right now?
I don't see a point since hashpower is so low while your bitcoin value is so high.

Maybe when it was worth half as much two months ago and have it rise since then.
But not now.

It makes no sense to buy hashpower on most of the cloud mining sites. When 1 TH/s price is 400-500-900 dollars it is way too overpriced and just will not pay out in BTC (so you invest for example 0.5 BTC and get 0.25 BTC back, awesome, isn't it?). The price at Hashflare is $150 per 1 TH/s that will pay out and technically can bring some profit, but Hashflare is just not paying. I believe they are going to scam people.

[Steffoboy]

Expected difficulty

This site shows incorrect information, do not trust it. On the next adjustment difficulty will not go down 16%, it will go up about 13-14%. Do you own calculations, calculate average block time manually from https://blockchain.info/blocks.

Expect at least 10% difficulty increase on each adjustment (on average), I would say 12-13% on each adjustment even more realistic.

Is it even worth it to buy hash power from cloud mining sites such as this one right now?
I don't see a point since hashpower is so low while your bitcoin value is so high.

Maybe when it was worth half as much two months ago and have it rise since then.
But not now.

It makes no sense to buy hashpower on most of the cloud mining sites. When 1 TH/s price is 400-500-900 dollars it is way too overpriced and just will not pay out in BTC (so you invest for example 0.5 BTC and get 0.25 BTC back, awesome, isn't it?). The price at Hashflare is $150 per 1 TH/s that will pay out and technically can bring some profit, but Hashflare is just not paying. I believe they are going to scam people.

i got all payments, its understandable to not send 5 dollar payment when the network is congested and fees is rising, and lowest fee transaction takes 8 days