1. HOW TO MAKE MONEY IN CRYPTO WITH MINERJOE - HASHFLARE

[Minerjoe]

Hey guys,

my name is Joe and I have been into crypto-related projects since late 2012. During these last 4 years, I have tested and invested in over 60 different crypto projects, coins, tokens, cloud mining operations, etc. Some of these projects have been quite successful and have been making me money since the day 1. Others turned out to be waste of my time and money. Since I work in investment banking in real life, I have learned how important is due diligence and investment differentiation in order to select the best projects and protect and enlarge your investment portfolio. This is why I extensively research and test each of my investments and try to differentiate into as many projects as possible in order to spread out potential investment risk. As a result of countless hours spent reading about interesting projects withing crypto economy, I have managed to create portfolio of 12 crypto-related investments which have been constantly making me money. Some of these projects generate only peanuts, for example $10 per week while others generate much more significant returns. Still, profit is a profit and I will never miss an opportunity to make some money.


In order to help popularizing crypto economy and to make some additional money, I have decided to share some of my investments with the community. I will be sharing information, including actual results, remarks and recommendations about stuff I have invested into. There have been a lot of new guys entering crypto and I believe this kind of information can be a win-win situation for everyone involved. Remember, even though I share only projects which I have personally tested, this DOES NOT mean these projects are risk free. Never invest anything you cannot afford to lose and always do your own research! Please have in mind my reviews and threads are not about get rick quick schemes!!! I will not write about 3 months ROI, crypto doubles and similar junk cause these things simply do not work. So, let us start with HASHFLARE cloud mining.


1. What is it and what to select?


Hashflare is a cloud mining project located in Europe, in Talinn, Estonia. Currently they offer 3 different cloud mining products: SHA-256 (Bitcoin), scrypt (Litecoin) and Ether mining. Although all 3 algos can be potentially interesting, I have selected investing into scrypt contracts. The main reason behind this is Litecoin mining difficulty. Differently from Bitcoin hashrate, Litecoin global hashrate has been almost constant since the beginning of the year. In April 2016, LTC hashrate was 1,484 GH/s compared to 1,520 GH/s in August 2016. So, there has been only small Litecoin mining difficulty increase which keeps Litecoin mining profitability high.

As you can see on the next graph, Litecoin hashrate has been bouncing up and down during the last year which makes it more attractive for mining.

2. Live Actual Results


I have invested in Hashflare in December 2015 and my results show that it takes about 11 months to reach ROI. Currently. 500 MH/s scrypt hashrate costs 8.45 BTC (at August 8, 2016 BTC price) and it generates about 0.022-0.025 daily NET payouts, after paying maintenance fee. This means ROI can be reached in just above 11 months, depending on Litecoin price. I know some people are going to say 11 months is a long time to break even. I DISAGREE BIG TIME. In my personal experience, any crypto projects which tells you it can generate 4-5 months ROI on your investment or even less, has got big time SCAM written all over it. Do not fall for these promises, if it is too good to be true, it is probably a scam. Please have in mind that in investment banking 2-3% ROI per year is considered as a quite good investment which brings ROI to 33 years or more. Compared to that, I think 11 months currently offered by Hashflare is an excellent results.

Here is what I have been getting from Hashflare per day after purchasing 500 MH/s scrypt cloud hash.

The difference between last scrypt daily payout and my balance is the maintenance fee. The amount from balance is my NET payout, after maintenance fee gets deducted. These payouts do vary a bit, mostly depending on Litecoin price, since Litecoins mined on the basis of your scrypt cloud mining contract get exchanged for BTC on a daily basis. However, it all comes down to about 11 months ROI at current Litecoin hashrate and price.

I do recommend setting your account to reinvest 20% of your payouts in order to increase your cloud hash and hedge yourself from potential future hashrate changes. Also, it is important to mention that scrypt and SHA-256 cloud mining contracts offered by Hashflare last indefinitely (as long as they are profitable) while Ether contracts last 1 year.


3. Legit or Not?


Although I have had a very positive experience with Hashflare, anything into crypto can turn into a scam. So, only invest what you can afford to lose. There are a lot of photos of people behind Hashflare online as well as photos of their mining equipment. They do definitely mine but this does not mean they cannot run away or get hacked causing you to lose your investment. This is why I recommend to start with 0.5 - 1 BTC investment and then grow your portfolio if you like your results.

Here are a few photos of Hashflare gear:

                                            



                                            


Also, there are a lot of photos of people working for and behind Hashflare  including their Linkedin profiles. These are real people you can interact with.


4. How to start?


If you think Hashflare is an interesting project for you, please click on my signature below this post which says "Hashflare cloud mining" in red and blue to register your Hashflare account. Since this is my referral link, I will be returning to you 50% of my referral fee for any investment over 0.1 BTC. Once you make your purchase, PM me with your Hashflare username and your BTC address and I will send back 50% of my referral fee back to you.


That is all for the first time guys, during the following weeks/months, I will be sharing with you info about other projects I have decided to invest into. Stay safe, always protect your coins, keep them in a cold storage, always use 2FA if possible and do not be afraid to ask questions. I am always willing to help out.

Cheers,

Joe

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[bapparabi]

nice overview of your account and mining ..but in last you just promotion hasflare referral link only ..so not good ..but still you have provide goo overview of hashflare

[Minerjoe]

nice overview of your account and mining ..but in last you just promotion hasflare referral link only ..so not good ..but still you have provide goo overview of hashflare

Thank you for your kind words. Yes, I do have a referral link and I do return 50% to anyone who decides to use it, I was quite open and honest about it. Still, if people do not want free money, they can always go directly to the website, no problem there. Also, as you will see in the next few weeks, I ll post reviews about other stuff I have invested into and with lots of that stuff, there s nothing in it for me, no links, nothing. Just share of information with the community. I am a nice guy and I would just like to see crypto growing and growing. If we can all make some money in the process, well, why not?

[Minerjoe]

Really great timeing, it seems Hashflare has decided to reduce scrypt cloudhash price 10% for a limited period of time. Using the code HF16SCR10A on any Scrypt purchase reduces the price by 10%!
The link to the website is in my signature. Have fun! 

[crazyivan]

I also have my doubts about Hashflare but they pay me for almost a year. Does it mean they re legit? To tell you the truth, cant decide.

What do you guys think?

[agustina2]

I also have my doubts about Hashflare but they pay me for almost a year. Does it mean they re legit? To tell you the truth, cant decide.

What do you guys think?

I don't use yet their services but we all know that paying it's not a basis for a cloudmining company to be considered as legit.

One good example of a long time cloudmining that really pays a decent one is the HashO**** but eventually turns to a nightmare. So all cloudmining has a possibility to turned to a fraud one.

3. Legit or Not?

Although I have had a very positive experience with Hashflare, anything into crypto can turn into a scam. So, only invest what you can afford to lose.

[zend7]

What will be my return monthly if I invest 1 BTC and try to mine only Scrypt. I have done a check to the website but I didn't find any calculator there. If its 20% per month it means I will get ROI over 5 months a timeframe I am willing to gamble if the website will be alive for such time or not.

[crazyivan]

What will be my return monthly if I invest 1 BTC and try to mine only Scrypt. I have done a check to the website but I didn't find any calculator there. If its 20% per month it means I will get ROI over 5 months a timeframe I am willing to gamble if the website will be alive for such time or not.

This article show what will u get, ROI is about 10 months or so. So you should be getting 0.1 BTC per month back on 1 BTC investment. There are no 5 months ROI crypto opportunities, at least not legit ones. Whoever tells u differently, he or she is a scammer.

The only option which can bring you fast ROI is trading and that is a completely different ballgame.

[Minerjoe]

Yup, no fast ROI in crypto anymore. Be smart and differentiate!

[Minerjoe]

Dash mining about to start from mid September. I still think scrypt s a better option since X11 ASIC miners have started to become widely available.

[Daffadile]

Very good to see that there are legit sources. Pictures of the miners and everything. See it is not hard yet ponzi's still pop up with not a single picture or whiff of evidence they even exist.  You can see you guys know what you doing and talking about and this will be fun to follow up on. Good luck.

[Minerjoe]

Very good to see that there are legit sources. Pictures of the miners and everything. See it is not hard yet ponzi's still pop up with not a single picture or whiff of evidence they even exist.  You can see you guys know what you doing and talking about and this will be fun to follow up on. Good luck.

I m just a user like the next guy and this is not an official Hashflare thread. Still thx for your comment.

[ShooterXD]

Do u want a portuguese translation?

Call me if u need this!

Cya

[windale]

your share commision referal 50% is only investment 0,5 bitcoin
i think 0,5 bitcoin is enough high bitcoin
if you can guaranted investment iam interest and i will join with you

[crazyivan]

There re no guarantees in crypto business and even if he does guarantee it, it means nothing. You should know that by now.

Still, I use Hashflare as well, cant say I dont have my doubts but I have been their satisfied user for about a year and have even increased my investment there.

[rphk]

first impartant thing is trust proof, your strategy and photo proof shows like legit one. what about small investors less than 0.1 btc , and also long run strategy also needs to be considered . business in crypto currency always not guaranteed. Hope you will doing profitable for the investors.   

[Minerjoe]

first impartant thing is trust proof, your strategy and photo proof shows like legit one. what about small investors less than 0.1 btc , and also long run strategy also needs to be considered . business in crypto currency always not guaranteed. Hope you will doing profitable for the investors.   

Ok, I see your point, I ll send back 50% of referral fee for any investment equal of over 0.1 BTC. Bellow that there s really no point losing time since we talk about $1-2 referral fees.

[crazyivan]

Maybe it should be smart to update some new photos, I m sure there are more photos of the GPU farms, especially if preparing to go into DASH.

[Minerjoe]

Another very successful month with Hashflare. In about a week, X11 cloud mining starts.

I still have a bit of a doubt about them but I m ready to take that risk and this has paid off big time for me.

[ShooterXD]

Another very successful month with Hashflare. In about a week, X11 cloud mining starts.

I still have a bit of a doubt about them but I m ready to take that risk and this has paid off big time for me.

Hi Minerjoe, if you need a portuguese translation Just pm me.

I think you need some marketing