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Author Topic: HashFlare.io gone out of there mind  (Read 1479 times)
richardsNY
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November 08, 2017, 11:16:15 PM
 #21

I don't know for you guys but I have never seen such a high minimum withdrawal and for me this is really suspicious.

I have seen this behavior even with services that haven't anything to do with crypto at all -- it has never resulted in anything of positive nature. It's a sign that sooner or later the chances are on the higher side that they will either close their service and run with people's funds, or they will look to shut down in the way of going bankrupt in the hope they walk out in a legal way. If people don't take this as a major red flag, they are 100% delusional -- cloud mining in general is already a rigged market, but some services just stink. People should withdraw their funds whenever they reach the minimum requirements. Don't reinvest, and don't leave any funds on there.
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November 08, 2017, 11:49:13 PM
 #22

I don't know for you guys but I have never seen such a high minimum withdrawal and for me this is really suspicious.

I have seen this behavior even with services that haven't anything to do with crypto at all -- it has never resulted in anything of positive nature. It's a sign that sooner or later the chances are on the higher side that they will either close their service and run with people's funds, or they will look to shut down in the way of going bankrupt in the hope they walk out in a legal way. If people don't take this as a major red flag, they are 100% delusional -- cloud mining in general is already a rigged market, but some services just stink. People should withdraw their funds whenever they reach the minimum requirements. Don't reinvest, and don't leave any funds on there.

Everyone should learn on this act of hashflare.io, that's something very suspicious and they are trying to kill those small investors as if those people are hoping to earn with their small investments. There's too much defense and good words from their investors before here and I'm just speculating about cloud mining questions before and it's the other one that has been preferred by majority here next to genesis mining. While it's early, get out of the mess that they are about to do.
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November 09, 2017, 01:41:05 AM
 #23

these are the signs that they will close the site soon


" Withdrawals are enabled (except ZEC). FMI: http://fb.com/hashflare  Stay tuned for updates on reenabled features.
10:55 - 6 de nov de 2017 "

" Withdrawals are enabled (except ZEC). FMI: http://fb.com/hashflare  Stay tuned for updates on reenabled features.
10:55 - 6 de nov de 2017 "


We are extending the Halloween promotion until November 10. FMI: http://fb.com/hashflare
02:04 - 6 de nov de 2017 "

"  The following features currently remain unavailable until the work on them is complete: withdrawals (all currencies) and EMC payment option. "

" HashFlare.io is back online! The maintenance is almost finished. FMI: http://fb.com/hashflare
04:37 - 4 de nov de 2017 "

" As the workload required to complete the update is significantly higher than anticipated, the maintenance will continue until 4.11 13:00 UTC "

" The website is temporarily down for an unplanned maintenance while it’s undergoing a small update. ETA: 09:00 UTC
02:09 - 3 de nov de 2017 "


" We are temporarily suspending BTC payments and all withdrawals due to unplanned maintenance.
00:48 - 3 de nov de 2017  "

https://twitter.com/hashflare

they are trying to kill those small investors as if those people are hoping to earn with their small investments.

Probably they do not have new investors, they have decided to implement this measure of 0.1btc of minimum withdrawal

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November 09, 2017, 02:15:30 AM
 #24

after waiting for few months i decided to withdraw some of my ETH but unfortunately the minimum withdraw limit currently is not friendly, i don't even have 1 ETH to withdraw :/

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November 09, 2017, 03:58:33 AM
 #25

again new update done this something now suspicious ...They are updated the minimum every day ..but still the minimum is quite high

Dear users,
HashFlare.io is back online! The maintenance is almost finished.

The following features currently remain unavailable until the work on them is complete: EMC payment option. Stay tuned for updates on reenabled features.

Update 08.11.2017 13:15:00 UTC:
Withdrawals are enabled, however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within the next few days.
The temporary amounts are currently:
Bitcoin: 0.1 BTC
Ethereum: 2.5 ETH
Dash: 1.5 DASH
ZEC: 1.5 ZEC

Thank you for choosing HashFlare!
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November 09, 2017, 06:33:06 AM
 #26

Well this is definitely fishy as hell here. Combined with their not so great reputation that stems from their customers not trusting them from previous incidents it's not great news for the company at the moment.

Would really recommend nobody buying into any contracts right now if they have shown the ability and willingness to basically defraud and delay withdrawals by all means possible and cut on costs. It's not professional and it's not moral.
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November 09, 2017, 10:20:29 AM
 #27

HashFlare.io has made something crazy today ..do this thing company preparing for something big or going out or something

Update 06.11.2017 16:45:00 UTC:
Withdrawals are enabled (except ZEC), however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within 48 hours.
The temporary amounts are currently:
Bitcoin: 0.2 BTC
Ethereum: 5 ETH
Dash: 3 DASH

Thank you for choosing HashFlare!

Why are they even updating their minimum withdrawal amounts? What sort of monitoring information do they need to get from doing this? It's completely useless since they already can see information from every account anyways.

Just an excuse to reduce withdrawal demand for the moment in my opinion.

Hopefully this isn't the newest scam on the cloud mining block.

Smiley
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November 09, 2017, 10:46:12 PM
 #28

HashFlare.io has made something crazy today ..do this thing company preparing for something big or going out or something

Update 06.11.2017 16:45:00 UTC:
Withdrawals are enabled (except ZEC), however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within 48 hours.
The temporary amounts are currently:
Bitcoin: 0.2 BTC
Ethereum: 5 ETH
Dash: 3 DASH

Thank you for choosing HashFlare!


I think this is only temporary. They won't be requiring withdrawals of this size long term.

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November 09, 2017, 11:06:22 PM
 #29

You still use these cloud mining sites???

Its hard to find a good one nowadays

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November 09, 2017, 11:52:46 PM
 #30

They simply keep the money of most of their customers. Looks, like they are just turning into full scam. Really bad news, after they turned lifetime contracts to one year period.

Indeed, something fishy after they turned to change lifetime contract.
But now, they have changed minimal payout for their customers? Yes, they don't want to pay anyone and intend to keep every coin in their pockets. That's why many people says cloud mining isn't profitable anymore, as most of them reduce payment over time due to one and another reason. It's better to keep your bitcoin and wait until the best time to convert into cash or just keep it until you can easily spend it in your country.
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November 10, 2017, 03:25:22 AM
 #31


Oh really! People are still awaiting their profits from eh hashfalre website? Come on guys after telling hundred time and creating thousands of repeat threads also people are not understanding that cloud mining stuff doesn’t work really. Its just Ponzi and attractive schemes to get the investors with real money and run away with it. I tried this site once and they changed the contract terms to 12 month, that was shit. And now they are making then minimum withdrawal to BTC 0.2 , are you crazy and can even calculate how much money it is ? It will take forever to reach that goal for small investors. People might have started crying once again and might be regretting that why they did not listen to those forum poster who were always being in the effort of telling us that these kind of investment are not profitable for long term because companies can change the terms and condition at any time. Period man!

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November 10, 2017, 06:18:45 AM
 #32

They made their move, And I visit my account since I have several ETH there, though I will not recommend to invest on this site anymore and to update the OP here's the new rates of the minimum withdraw of each available mining on hashflare

Code:
Update 08.11.2017 13:15:00 UTC: 
Withdrawals are enabled, however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within the next few days.
The temporary amounts are currently:
Bitcoin: 0.1 BTC
Ethereum: 2.5 ETH
Dash: 1.5 DASH
ZEC: 1.5 ZEC
Quoted from Hashflare.io

However 2.5 ETH I still to high for the minimum withdraw lol

That is still too much, $750 worth of withdrawal? So this is what happened with their for the next "48 hours" and they promised again to change it for next few "days". What are they trying to do with their investors, this is really going through into something. Did you ever withdraw your funds there already? If I were you I'm going to rush to quickly get out of their platform anyway. To those newbies out there just don't invest on them anymore.
I haven't see their official thread on here regarding on updates if they did able to revert it back or it just the same. Those numbers for minimum withdrawal is insane and they do said that they are monitoring something? What they do monitor? Investors do really have the rights regarding on their percentage and I cant really sustain for too long on seeing my funds pending on the site. I know that you know what I mean when it comes on possible scam later on. better to secure first than regretting on the end.
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November 10, 2017, 06:30:45 AM
 #33

HashFlare.io has made something crazy today ..do this thing company preparing for something big or going out or something

Update 06.11.2017 16:45:00 UTC:
Withdrawals are enabled (except ZEC), however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within 48 hours.
The temporary amounts are currently:
Bitcoin: 0.2 BTC
Ethereum: 5 ETH
Dash: 3 DASH

Thank you for choosing HashFlare!


I think this is only temporary. They won't be requiring withdrawals of this size long term.

Well it's obviously temporary or at least they claim that it is temporary, but still. Hashflare doing this basically means that they have some sort of issue with their finances one way or another and want to pause payouts for some reason.

Also, they have previously done some shady stuff like basically manipulating contracts of investors.

It's not wise to trust them.

Smiley
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November 10, 2017, 07:10:46 AM
 #34

now its more difficult to trust them and invest more as they change there terms suddenly and make all old contact as one year .. not when we try to withdrawal they making some shady thing they said this issue has been solve in 48 hours
Quote
" Withdrawals are enabled (except ZEC), however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within 48 hours.  "

now you can its more then 48 hours not not solved ..now i thing may be some big problem they have in regard to money and new contract order are not coming out as due to there new terms so may be they have out of fund to pay there user not something else ..
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November 10, 2017, 08:08:19 AM
 #35

they are trying to kill those small investors as if those people are hoping to earn with their small investments.

Probably they do not have new investors, they have decided to implement this measure of 0.1btc of minimum withdrawal


Apparently that sounds plausible to me and they keep on changing their terms. That's why an investor should be aware of "subject to change without prior notice". And it's either they want people to pull out immediately or they are really into something dark.



now its more difficult to trust them and invest more as they change there terms suddenly and make all old contact as one year .. not when we try to withdrawal they making some shady thing they said this issue has been solve in 48 hours
Quote
" Withdrawals are enabled (except ZEC), however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within 48 hours.  "

now you can its more then 48 hours not not solved ..now i thing may be some big problem they have in regard to money and new contract order are not coming out as due to there new terms so may be they have out of fund to pay there user not something else ..

Just quit and withdraw all your funds if you reached their minimum withdrawal.
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November 10, 2017, 04:10:31 PM
 #36

Those minimum amount to make withdrawal is just a sign how much they are in debt, don't know why people still trust all this cloud mining packages anyway. You can buy a full/real mining device with almost 2x power than what you could get from those cloud mining sites at the same price range.

Its always better to mine with real mining devices if you are really fond of mining but that will also become unprofitable if you don't have either free electricity or very cheap one.
I don't think they are in "debt" i think because of lack of new "investors" they can't continue to pay "old investors".
I always thought there are only few real cloud mining sites, but with this i am sure there is not a single one cloud mining site(unless I see mining equipment, of course).
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November 10, 2017, 05:18:35 PM
 #37

people still use this shit after they cancelled all lifetime contracts?

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November 12, 2017, 03:05:35 AM
 #38

HashFlare.io has made something crazy today ..do this thing company preparing for something big or going out or something

Update 06.11.2017 16:45:00 UTC:
Withdrawals are enabled (except ZEC), however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within 48 hours.
The temporary amounts are currently:
Bitcoin: 0.2 BTC
Ethereum: 5 ETH
Dash: 3 DASH

Thank you for choosing HashFlare!
If this is true then this is a clear sign that things are not going well while I do not have experience with that particular website every time I read something like that happens is because things are about to get more difficult so if you can get your money out there, do it as fast as possible and if you do not then you need to have that as a very high priority, as soon as you hit the minimum to withdraw do it and never look back.
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November 12, 2017, 08:23:33 AM
Last edit: November 12, 2017, 08:39:11 AM by ShinodanP
 #39

They have not even touched this frontpage message in 4 days.
The Halloween promo message is still sitting there too, 2 days overdue.

Nothin but tumbleweed at hashflare, not good signs :/

Quote
Dear users,
HashFlare.io is back online! The maintenance is almost finished.

The following features currently remain unavailable until the work on them is complete: EMC payment option. Stay tuned for updates on reenabled features.

Update 08.11.2017 13:15:00 UTC:
Withdrawals are enabled, however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within the next few days.
The temporary amounts are currently:
Bitcoin: 0.1 BTC
Ethereum: 2.5 ETH
Dash: 1.5 DASH
ZEC: 1.5 ZEC

Thank you for choosing HashFlare!

Quote
Dear users,
As the website was temporarily unavailable during the maintenance on November 3-4, we are extending the Halloween promotion until November 10. Use the code HF17MTNC10ALL to receive a 10% discount when making a purchase of any contract.

Also, the out of money thing shouldn't even be a thing, I didn't pay for bitcoin, I paid for mining. So even if the website is on low funds it shouldn't matter because your not taking their funds, you pay for hardware that produces the funds. Smelly like a Ponzi fish.
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November 12, 2017, 09:01:40 AM
 #40

It indeed doesn’t look good. I’m glad I didn’t put much money in it but it would be great to do another withdrawal.

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