Is it safe to join hashflare.io ?

[bassdude]

if cloud mining was profitable you wouldn't be able to buy it because the company would just keep there mining power for them selves.

cloud mining is only profitable to the company that is selling it and not the user that buys it.

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[sunsilk]

if cloud mining was profitable you wouldn't be able to buy it because the company would just keep there mining power for them selves.

cloud mining is only profitable to the company that is selling it and not the user that buys it.

It's just like the company is getting money from its investor in a nice way by promising not to too good to be true interest rates.

Any type of cloud mining will always end up to collapse, why there are people who still doesn't want to learn from past experiences?

Maybe they are just new and doesn't know what a cloud mining is.

[xuan87]

if cloud mining was profitable you wouldn't be able to buy it because the company would just keep there mining power for them selves.

cloud mining is only profitable to the company that is selling it and not the user that buys it.

It's just like the company is getting money from its investor in a nice way by promising not to too good to be true interest rates.

Any type of cloud mining will always end up to collapse, why there are people who still doesn't want to learn from past experiences?

Maybe they are just new and doesn't know what a cloud mining is.

because they are still new then it is our job as a friend to explained to  them what is the risk of cloud mining, cloud mining is a scam site, it promises a return of profit in a period time, but to be honest the site seldom has a mining tools, it just pretend that it has and after the owner collect enough money then it will run away with your money, be smart when you want to invest there are a lot of victim from cloud mining

[Zadicar]

Hashflare is still operating cloud mining but i wont still recommend it since bitcoin difficulty tends to rise every 2 weeks correct me if im wrong which means your payout would really got affected  on the long run and mean you will achieve roi on longer months to come.Most of cloud mining sites are just scams thats why most people dont believe on this anymore.

[sunsilk]

if cloud mining was profitable you wouldn't be able to buy it because the company would just keep there mining power for them selves.

cloud mining is only profitable to the company that is selling it and not the user that buys it.

It's just like the company is getting money from its investor in a nice way by promising not to too good to be true interest rates.

Any type of cloud mining will always end up to collapse, why there are people who still doesn't want to learn from past experiences?

Maybe they are just new and doesn't know what a cloud mining is.

because they are still new then it is our job as a friend to explained to  them what is the risk of cloud mining, cloud mining is a scam site, it promises a return of profit in a period time, but to be honest the site seldom has a mining tools, it just pretend that it has and after the owner collect enough money then it will run away with your money, be smart when you want to invest there are a lot of victim from cloud mining

They are lucky enough if they are being warned by those matured bitcoiner but with my experience someone didn't warned and educate me about this.

And I don't want that to happen to other people as well especially those newbie in bitcoin sector.

I don't want them to be disappointed whenever they will be invited to invest with this scamming investments.

[legendbtc]

I have tried many cloud mining sites previously till now i din't make profits them, really it is waste of our money in investing cloud mining. I have been in it over a year now till now i din't any profits from it. It is better and wise decision to learn about trading so that you will make more profit on your investment, in both aspects risk is involved but if you dare every thing will be in your control while you are doing trading. Don't invest in cloud mining you will loose your money.

[drwtsn32]

Using hashflare.io is safe. It pays but does not pay well. I don't know maybe because mining does not really pay much.
Last year I tested giving it 0.01 btc. I did not get ROI because I got sick of waiting (about 5 months already) so I pulled out my remaining coins.

EDIT: Please take note that this happened a year ago. I don't know how things are going in hashflare.io right now.

[kidoseagle0312]

Most cloud mining sites are scams, but scam or not, cloud mining is almost always a losing investment.

Regarding hashflare.io: even if it looks legitimate, it is still a money-loser.

For each 10 GH/s Bitcoin contract you buy, you will pay $1.20 plus $1.44 per year in maintenance fees. After one year 10 GH/s might mine 0.002 BTC, currently worth about $2.00. You might break even after two years, but it is more likely that you will never break even.

If that's the true calculation in cloud mining. Which means we are only wasting our time and losing or throwing money in the trash can. So Hashflare is nothing difference to other's mining sites.

[bleedingedge]

hashflare.io is pretty safe.
But if you look here, you'll notice that right now the best contract have payback period of 813 days. So it's more than two years just to break even. Most of the contracts (all timed ones) never pay back. For example 1-year ethereum mining at hashflare.io will give you net loss of around 30%.
There's a certain economical model. It would be profitable to mine if prices rise, but in this case more people will start mining, which will affect difficulty and make mining less profitable again.

[dearbesz1219]

When I open the site,this is what appears when I open the site


http://imgur.com/Bxy8Jpz


So .. is it safe now or not ?

the link you gave is obviously not safe. Once you open it, it will appear at once in the monitor that it is NOT secure. It is one the cloud mining site which is really a Ponzi, it is just only look legitimate but it will only loss your money once you get in and invest to their site. So better for you avoid it.

[bravehearth0319]

When I open the site,this is what appears when I open the site


http://imgur.com/Bxy8Jpz


So .. is it safe now or not ?

Obviously it is not safe to invest in. Just cloud mining type was not really safe to invest. They will just eat your investment once you input your money to their sites. Which in return we will cry home as a loser.

[bapparabi]

also not advisable because right now they have highest fee in market

[odolvlobo]

hashflare.io is pretty safe.
But if you look here, you'll notice that right now the best contract have payback period of 813 days. So it's more than two years just to break even. Most of the contracts (all timed ones) never pay back. For example 1-year ethereum mining at hashflare.io will give you net loss of around 30%.

That's kind of a contradiction. You say they are safe, yet you will lose money. I guess you could consider them to be safe because of the transparency -- they let you know ahead of time that you will lose money.

It is odd that people still invest in cloud mining knowing that they will either lose some of their money or all of their money.

[dearbesz1219]

When I open the site,this is what appears when I open the site


http://imgur.com/Bxy8Jpz


So .. is it safe now or not ?

When I clicked the link, the Host was technically have a problem, you have eyes and mind to think about if is it worth to try or join it. Find the answer for yourself. No need to ask others opinion if you know the answer already. I'm not saying this to embarrass you but to wake you up about this things.

[fikihafana]

as long as i used hashflare they always pay me, i used 2 MB scrypt from their services and it give me ROI aroud 8month. But 2 mb scrypt not profitable again, i need to upgrade my service

[squatz1]

Hashflare and Genesis mining are probably one of the two safest cloud-mining companies to go aboard with and join but in all honesty why would you do it? Even if people are trusted it doesn't eliminate the risk that one day someone with bad intentions in either company could go ahead and hit an exit scam.

Makes sense to stay away from these cloud-mining companies as I feel that they're scams and try another investment. It's not like you'll end up making profit with these companies anyway.

[carlisle1]

You seemed to be worrying and afraid of losing your money from cloud mining investment and you have doubt that your money will be secured in hashnest, so I'll suggest to you to postpone your plan of investing with them and do not ever try to deal with any cloud mining services if you are afraid of the risks . Cloud mining services are not safe, we are not sure  if they'll be running until you got your ROI .

[doaremon]

Whether you join or not its up to you but I would suggest to keep away from this kind of sites. I think the 80% of mining sites are scammers, they keep filling their pocket by our money by this kind of cheating. At the starting they provide good outbacks but sooner or later they start scaming. After getting cheated I stopped to do invest in any kind of mining sites. Hope you will take the correct decision.

[viralalert]

Hashflare still works! I'm still getting the profit from it. For the discount on first purchase, you can check this review http://www.viral-alert.com/hashflare-io-review/

[maeusi]

Hashflare seems to be one of the three or for serious cloud mining services that exist, but the ROI is far away. So you should be very patient to make profit on longterm. I wanted to fasten the mining power but went although down because of mining difficulty and the fees got up.