Bitcoin Cloud Mining with HashFlare

[Steffoboy]

if you mine for 3 months and save the bitcoin produced, and sell it when its all-time high, all the mining was mined during all-time high profit. what affects the mining is not price, its added hash power, which gives less mining over time, some here say this is related to the price, but since i do my own studies price vs mining power, i can tell you that this is not the case, there are efforts made for manipulating the difficulty higher and higher, to give Bitcoin a bad name as a slow and expensive transaction currency, you don't have to be a Genious to understand that this is done by China.

After all, they wanted to fork, cuz theirs mining computers was having advantage due a sort of hack, in their chip, that made mining more profitable, this hack could not work if Segwit was implemented, so Bitcoin cash was started and gives exactly the same advantage, that is built into the ASICS, and now they instead shift massive amounts of hash power to make bitcoin slower and less profitable, they will lose in the end is my take.

[Dinococcus]

Hello everyone! Cloud mining with HF is yet very profitable, ROI on SHA contracts are about 2 months !! Calculate your netto profit (payouts minus fees) here: http://xtcbtc.com/calculator

[Xpod78]

I got a 5 TH/s contract that doesn't end till December 5th 2018, I'll sell it for $950 if anyone's interested.

[Coins4Days]

I got a 5 TH/s contract that doesn't end till December 5th 2018, I'll sell it for $950 if anyone's interested.

With the current price of bitcoin and bitcoin mining being a decent investment at the moment, why not keep your contract? I'm curious as to why you are selling it.

[Xpod78]

I got a 5 TH/s contract that doesn't end till December 5th 2018, I'll sell it for $950 if anyone's interested.

With the current price of bitcoin and bitcoin mining being a decent investment at the moment, why not keep your contract? I'm curious as to why you are selling it.

Have major worries about not being able to withdrawal my earnings.. Haven't been able to for a single instance ever since I started mining with them :/

[Xpod78]

A minimum withdrawal of 0.05? With no ETA as too when it will be fixed? I know the bitcoin network is busy, but it's not that bad.

[Steffoboy]

A minimum withdrawal of 0.05? With no ETA as too when it will be fixed? I know the bitcoin network is busy, but it's not that bad.

Really, then ponder this, i sent bitcoins to do some trading the other day, i paid 30 USD "normal" fee for it. That means minimum send is like 1200 USD for the fee to be minimal. Go try send some bitcoin and you see what happens, Genesis is raising minimal payout aswell all the time, in fact they say it is 0.0025, but i have 0.0027 and on info on the amount, it says that 0.0030 is needed, usually i get payout every 10 days from there, now its 18 and still no payout, that means since its 27th if i bought that 1 TH contract at Genesis situation would be almost exactly the same, The mempool is jammed with payments that have too small fees attacked to them since fees went through the roof, im not sure when these sends will expire, or if they have to revoke them somehow.

Network congestion right now: 169555 (few days ago 270 000)
Normal: 64 000
Small fee wait que: 129h 6m 52s (5,35 days)

Maybe X mas holiday has cleared it for now, it will get higher when people return from holidays again, hashrate is still lower than it should, i hope difficulty goes down this time, but i suspect the Chinese is showing up today or tomorrow with massive hashrate again.

[Xpod78]

A minimum withdrawal of 0.05? With no ETA as too when it will be fixed? I know the bitcoin network is busy, but it's not that bad.

Really, then ponder this, i sent bitcoins to do some trading the other day, i paid 30 USD "normal" fee for it. That means minimum send is like 1200 USD for the fee to be minimal. Go try send some bitcoin and you see what happens, Genesis is raising minimal payout aswell all the time, in fact they say it is 0.0025, but i have 0.0027 and on info on the amount, it says that 0.0030 is needed, usually i get payout every 10 days from there, now its 18 and still no payout, that means since its 27th if i bought that 1 TH contract at Genesis situation would be almost exactly the same, The mempool is jammed with payments that have too small fees attacked to them since fees went through the roof, im not sure when these sends will expire, or if they have to revoke them somehow.

Network congestion right now: 169555 (few days ago 270 000)
Normal: 64 000
Small fee wait que: 129h 6m 52s (5,35 days)

Maybe X mas holiday has cleared it for now, it will get higher when people return from holidays again, hashrate is still lower than it should, i hope difficulty goes down this time, but i suspect the Chinese is showing up today or tomorrow with massive hashrate again.

A minimum of 0.0025 is reasonable, even 0.01 is okay, but 0.05? No, sorry that's way too big of a withdrawal limit, I recognize the network is getting backed up and there are problems arising, but there are better solutions than that, and if you disagree that's fine. Just my opinion we're all entitled to one.

[Steffoboy]

A minimum withdrawal of 0.05? With no ETA as too when it will be fixed? I know the bitcoin network is busy, but it's not that bad.

Really, then ponder this, i sent bitcoins to do some trading the other day, i paid 30 USD "normal" fee for it. That means minimum send is like 1200 USD for the fee to be minimal. Go try send some bitcoin and you see what happens, Genesis is raising minimal payout aswell all the time, in fact they say it is 0.0025, but i have 0.0027 and on info on the amount, it says that 0.0030 is needed, usually i get payout every 10 days from there, now its 18 and still no payout, that means since its 27th if i bought that 1 TH contract at Genesis situation would be almost exactly the same, The mempool is jammed with payments that have too small fees attacked to them since fees went through the roof, im not sure when these sends will expire, or if they have to revoke them somehow.

Network congestion right now: 169555 (few days ago 270 000)
Normal: 64 000
Small fee wait que: 129h 6m 52s (5,35 days)

Maybe X mas holiday has cleared it for now, it will get higher when people return from holidays again, hashrate is still lower than it should, i hope difficulty goes down this time, but i suspect the Chinese is showing up today or tomorrow with massive hashrate again.

A minimum of 0.0025 is reasonable, even 0.01 is okay, but 0.05? No, sorry that's way too big of a withdrawal limit, I recognize the network is getting backed up and there are problems arising, but there are better solutions than that, and if you disagree that's fine. Just my opinion we're all entitled to one.

ye go for it tell us the solution

[Steffoboy]

Better Late than Never? Bitcoin Segwit2x Scheduled for December 28th

Arguing that “[c]ommission and transaction speed within the Bitcoin network has reached extraordinary values,” Terlouw believes that “t is almost impossible to use it as a means of payment.”

In hopes of fixing these issues, the Segwit 2x fork will reduce block times to 2.5 minutes and increase block size to 4MB. 

https://www.ccn.com/better-late-than-never-segwit-2x-scheduled-for-december-28th/

[Steffoboy]

BTW Hashflare will get Forked coins, stolen from users.

[Pedro2k2]

Good afternoon,

I wonder if after the period of 1 year, if the contract expires, I have the right to withdraw my bitcoins even if I do not have the minimum withheld.

Thanks

[Xpod78]

A minimum withdrawal of 0.05? With no ETA as too when it will be fixed? I know the bitcoin network is busy, but it's not that bad.

Really, then ponder this, i sent bitcoins to do some trading the other day, i paid 30 USD "normal" fee for it. That means minimum send is like 1200 USD for the fee to be minimal. Go try send some bitcoin and you see what happens, Genesis is raising minimal payout aswell all the time, in fact they say it is 0.0025, but i have 0.0027 and on info on the amount, it says that 0.0030 is needed, usually i get payout every 10 days from there, now its 18 and still no payout, that means since its 27th if i bought that 1 TH contract at Genesis situation would be almost exactly the same, The mempool is jammed with payments that have too small fees attacked to them since fees went through the roof, im not sure when these sends will expire, or if they have to revoke them somehow.

Network congestion right now: 169555 (few days ago 270 000)
Normal: 64 000
Small fee wait que: 129h 6m 52s (5,35 days)

Maybe X mas holiday has cleared it for now, it will get higher when people return from holidays again, hashrate is still lower than it should, i hope difficulty goes down this time, but i suspect the Chinese is showing up today or tomorrow with massive hashrate again.

A minimum of 0.0025 is reasonable, even 0.01 is okay, but 0.05? No, sorry that's way too big of a withdrawal limit, I recognize the network is getting backed up and there are problems arising, but there are better solutions than that, and if you disagree that's fine. Just my opinion we're all entitled to one.

ye go for it tell us the solution

A lower withdrawal limit. You said it yourself genesis mining has it at 0.0025 so why is hashflare at 0.05?

[Steffoboy]

A minimum withdrawal of 0.05? With no ETA as too when it will be fixed? I know the bitcoin network is busy, but it's not that bad.

Really, then ponder this, i sent bitcoins to do some trading the other day, i paid 30 USD "normal" fee for it. That means minimum send is like 1200 USD for the fee to be minimal. Go try send some bitcoin and you see what happens, Genesis is raising minimal payout aswell all the time, in fact they say it is 0.0025, but i have 0.0027 and on info on the amount, it says that 0.0030 is needed, usually i get payout every 10 days from there, now its 18 and still no payout, that means since its 27th if i bought that 1 TH contract at Genesis situation would be almost exactly the same, The mempool is jammed with payments that have too small fees attacked to them since fees went through the roof, im not sure when these sends will expire, or if they have to revoke them somehow.

Network congestion right now: 169555 (few days ago 270 000)
Normal: 64 000
Small fee wait que: 129h 6m 52s (5,35 days)

Maybe X mas holiday has cleared it for now, it will get higher when people return from holidays again, hashrate is still lower than it should, i hope difficulty goes down this time, but i suspect the Chinese is showing up today or tomorrow with massive hashrate again.

A minimum of 0.0025 is reasonable, even 0.01 is okay, but 0.05? No, sorry that's way too big of a withdrawal limit, I recognize the network is getting backed up and there are problems arising, but there are better solutions than that, and if you disagree that's fine. Just my opinion we're all entitled to one.

ye go for it tell us the solution

A lower withdrawal limit. You said it yourself genesis mining has it at 0.0025 so why is hashflare at 0.05?

Ye it was, i realized after the message that Genesis dosent pay out at all, since the commission is withdrawn from the income, its too expensive to send, in some cases the fee would be greater than the sent money. Lower fees cant be fixed unless demand for transactions goes down.

[Xpod78]

A minimum withdrawal of 0.05? With no ETA as too when it will be fixed? I know the bitcoin network is busy, but it's not that bad.

Really, then ponder this, i sent bitcoins to do some trading the other day, i paid 30 USD "normal" fee for it. That means minimum send is like 1200 USD for the fee to be minimal. Go try send some bitcoin and you see what happens, Genesis is raising minimal payout aswell all the time, in fact they say it is 0.0025, but i have 0.0027 and on info on the amount, it says that 0.0030 is needed, usually i get payout every 10 days from there, now its 18 and still no payout, that means since its 27th if i bought that 1 TH contract at Genesis situation would be almost exactly the same, The mempool is jammed with payments that have too small fees attacked to them since fees went through the roof, im not sure when these sends will expire, or if they have to revoke them somehow.

Network congestion right now: 169555 (few days ago 270 000)
Normal: 64 000
Small fee wait que: 129h 6m 52s (5,35 days)

Maybe X mas holiday has cleared it for now, it will get higher when people return from holidays again, hashrate is still lower than it should, i hope difficulty goes down this time, but i suspect the Chinese is showing up today or tomorrow with massive hashrate again.

A minimum of 0.0025 is reasonable, even 0.01 is okay, but 0.05? No, sorry that's way too big of a withdrawal limit, I recognize the network is getting backed up and there are problems arising, but there are better solutions than that, and if you disagree that's fine. Just my opinion we're all entitled to one.

ye go for it tell us the solution

A lower withdrawal limit. You said it yourself genesis mining has it at 0.0025 so why is hashflare at 0.05?

Ye it was, i realized after the message that Genesis dosent pay out at all, since the commission is withdrawn from the income, its too expensive to send, in some cases the fee would be greater than the sent money. Lower fees cant be fixed unless demand for transactions goes down.

Oh shit.. this problem is worse than I imagined..

[RealSwissMiner]

BTW Hashflare will get Forked coins, stolen from users.

Some exchanges follow the same “principle”. I think stealing is the right term in such cases, sadly

[Rogerdale]

Did anyone get a BTC withdrawal since they declared that they resumed payouts?

By the way, Hashflare underpays SHA-256 contracts considerably. I have chosen Slushpool that distributes tx fees, but Hashflare pays about 20-25% less than it should if I calculate mining rewards from the pool. That was not a big deal when 1 TH cost was $150, but now with $220 cost, the contracts may not reach ROI or ROI will be too low.

[pivix]

I received a payout of 0.011btc on the 23rd:

49defac78cf21534c904dd3ed00741957eac378207a87eaf7efda27b0a589236

And here again, we can even see that they don't use the full fees they ask from us! 130k sat. instead of my paid 160k! 

It was stated on the dashboard that min. payout is 0.05 but i did a withdrawal of 0.01
Same for a friend who was sitting next to me, he withdrew about 0.015   

[Rogerdale]

I received a payout of 0.011btc on the 23rd:

49defac78cf21534c904dd3ed00741957eac378207a87eaf7efda27b0a589236

And here again, we can even see that they don't use the full fees they ask from us! 130k sat. instead of my paid 160k!  

It was stated on the dashboard that min. payout is 0.05 but i did a withdrawal of 0.01
Same for a friend who was sitting next to me, he withdrew about 0.015  

I got the payment as well and was lucky to get it confirmed relatively quickly. In just three weeks I mined 20% of my initial investment. Looks good so far.

[Halikin]

Do not believe cloud mining, you will regret it

Some people do not have the opportunity to get a miner.

Here in Brazil, for example, it would take an eternity to arrive and the customs would charge me in about 60%.

I bought 3 whatsminer the will arrive in USA. I'll try to find a data center do put or I will go there to bring to Brazil (it is more easy and cheaper!).