Hashflare cloud mining first 2~weeks review - Anyone still using them?

[foxrih]

https://www.youtube.com/watch?v=D7a8O0vo3dM
Been hearing a lot negative viewpoint on cloudmining, however I've been profiting from genesis mining for a while & hashflare seemed like another trustworthy (at least trustworthy enough to believe you'll most likely be gaining some profits). So tried it out and at least so far everything has gone smoothly.
Surely mainly sticking to the actual market, but was wondering if anyone has been on Hashflare for a year or longer? And how has it been, I noticed they have been changing the contracts etc. pretty suspiciously, but anyway.

[Slow death]

 read the pages of the hasflare thread "  Bitcoin Cloud Mining with HashFlare " they are also very active on twitter and make many promotions, these promotions are a bad sign

" We have prepared something special for you! Stay tuned, we’ll announce all the details next week. "

X11 Dash Cloud Mining is cheating products

i pay 8,000 USD(1 year contract), one year later i get 2,217 USD and he never answer me question

they are making a lot of money and are not taking huge risks, I would say they have the gold mine

[maeusi]

Withdraw minimum is now on 0.0106 BTC, so they can "persuade" many customers to reinvest. Hope, I will reach payout until "livetime" contract is finished next year.
But luckily I didn't invest much.

[carlfebz2]

read the pages of the hasflare thread "  Bitcoin Cloud Mining with HashFlare " they are also very active on twitter and make many promotions, these promotions are a bad sign

" We have prepared something special for you! Stay tuned, we’ll announce all the details next week. "

X11 Dash Cloud Mining is cheating products

i pay 8,000 USD(1 year contract), one year later i get 2,217 USD and he never answer me question

they are making a lot of money and are not taking huge risks, I would say they have the gold mine

Nice illustration which is really accurate which those cloud mining companies are making such big amounts of profits for those fool people who did decide to put up money believing that they would able to make huge % of profits on annual basis and being shown on the image above we can already see on our own eyes that its not really worth it. Instead on making money on 1 year duration you would eventually lose up 30% or even more on your capital which do really suck.

[Rahar02]

https://www.youtube.com/watch?v=D7a8O0vo3dM
Been hearing a lot negative viewpoint on cloud mining, however, I've been profiting from genesis mining for a while & hashflare seemed like another trustworthy (at least trustworthy enough to believe you'll most likely be gaining some profits). So tried it out and at least so far everything has gone smoothly.
Surely mainly sticking to the actual market, but was wondering if anyone has been on Hashflare for a year or longer? And how has it been, I noticed they have been changing the contracts etc. pretty suspiciously, but anyway.

Yes, there are too many negative issues regarding hashflare services, especially after they cancelled lifetime contract unilaterally.
But, we would like to hear your story and maybe add some pictures about your investment in genesis mining and hashflare.
How much have you been invested in genesis?
How much profit did you get?
And about hashflare contract, what kind of contract you have purchased?

[ShinodanP]

After waiting months to get the 0.0106 BTC it's now 24hrs since withdraw and the transaction still doesn't exist even thought it says confirmed on their website, not even on the block chain I'm so sick of things going wrong all the time its so suspicious.

[foxrih]

Hmm it's really weird, and I've made about broke even now with Genesis mining without any big withdrawal problems.
With cloud mining It's really bad idea to mine anything other than bitcoins, that's why the Dash one is pretty much a scam. Yeah it's really questionable with these companies, you can make big profits on Bitcoin mining contracts, but the other ones are scams at the current coin prices. Yet they don't mention it clearly at all. Anyway, the withdrawals are delayed so badly it took last time 4 days to get the BTC. Other than that it's been working fine though.

Anyway, I doubt it's worth it anymore. I just discovered the PoS aka proof of stake concept and it does look so much better in every concept to me. That's why I probably wont continue even small fraction of my investments in mining for the future.

[aoihs00]

Hashflare is out of question now after seeing there SHA 256 contract going to twelve month limit all from he lifetime. This is specious strategy and I'm telling you that this company is going down in terms of profits. They re not able to manage their miners and I have seen the photos of their facility from which I can only be sure that they re very small at it. The genesis on the other hand is established around the globe and have mines almost everywhere so they have plus point in that. But for has flare it is not much easier now a days to manage payout fluently. Hope that newbie don't fall for this cloud mining or any other cloud mining site.

Though I said a little positive about the genesis mining then also I would suggest that one should be very cautious while investing into such companies because we don't know what will happen in the future with them.

[burky156]

And now they announced that they only pay with USD Dollars which should be at least $500! I have small invesment there and i have to wait 3 years to collect my earnings. Please do not invest them.

[lucianus_luciferus]

And now they announced that they only pay with USD Dollars which should be at least $500! I have small invesment there and i have to wait 3 years to collect my earnings. Please do not invest them.

how much did you invest?

[zspectrum]

I have used Hashflare for more than 1.5 months and so far the payouts are following my initial forecast. ROI on one year is 400%, could lower to 300% according to the difficulty of hashrate.
But this cloud mining is legit, no doubt about it. I already got back 50% of my initial investment in 1.5 month. I will be breakeven in another 1.5 month.
I have a written a blog with some advice, screenshot and explanation, check https://hashflare-review.com

[Slow death]

I have used Hashflare for more than 1.5 months and so far the payouts are following my initial forecast. ROI on one year is 400%, could lower to 300% according to the difficulty of hashrate.
But this cloud mining is legit, no doubt about it. I already got back 50% of my initial investment in 1.5 month. I will be breakeven in another 1.5 month.
I have a written a blog with some advice, screenshot and explanation, check https://hashflare-review.com

you can be one of the lucky ones that are taking profits, they make changes that hurt their customers, a few months ago they made many promotions

BTC minimum withdrawal amount is set to 0.05 BTC.

imagine a person who invested 0.02BTC in hasflare, how long will that person wait to make his withdrawal? probably that person will give up using hashflare and hashflare will stick with that person's 0.02BTC. I also saw complaints from people saying that their support tickets are not being answered and in fact they are not being answered. The cloud mining business is an exploration, cloud mining owners get rich while few investors can make a profit.

[maeusi]

I will never get my investments back, because my "lifetime contract" was cut to 1-Year-Contract and I will not reach the minimum withdraw. I will test them and ask, whether they will pay out my profits, when contract will be finished.

[ShadowBJ21]

I will never get my investments back, because my "lifetime contract" was cut to 1-Year-Contract and I will not reach the minimum withdraw. I will test them and ask, whether they will pay out my profits, when contract will be finished.

Read their FAQ and there it says that you get your money regardless of the amount once your contract has ended.

[lucianus_luciferus]

I will never get my investments back, because my "lifetime contract" was cut to 1-Year-Contract and I will not reach the minimum withdraw. I will test them and ask, whether they will pay out my profits, when contract will be finished.

how much did you invest and when?

[stomachgrowls]

I will never get my investments back, because my "lifetime contract" was cut to 1-Year-Contract and I will not reach the minimum withdraw. I will test them and ask, whether they will pay out my profits, when contract will be finished.

This step which makes most investors lose its profitability on where they do remove that lifetime contract which is somehow anticipated because no cloud mining business would really offer lifetime profits.If they wont really do such thing then they would go bankruptcy and as a business owner i wont really let this thing to happen.If its possible better to pull out funds if applicable.

[rvvv1]

There is an alternative company that can be recommended i: CCG mining. It a new polish The company is only a year old, however it has already found a wide audience of admirers for its uniquely advantageous terms. And thay have more wide of cryptocur. to chose from.

Affiliate link.

[rvvv1]

I have used Hashflare for more than 1.5 months and so far the payouts are following my initial forecast. ROI on one year is 400%, could lower to 300% according to the difficulty of hashrate.
But this cloud mining is legit, no doubt about it. I already got back 50% of my initial investment in 1.5 month. I will be breakeven in another 1.5 month.
I have a written a blog with some advice, screenshot and explanation, check https://hashflare-review.com

1) Post from newbie
2) 39 days old domain
3) Projections only
4) Huge amount
5) Affiliate link is used in website

This does not give me any confidence, including that the site MAY be from the owners...

[cbsecured]

Great post! Full Hashflare Review here! at https://scamorno.com/Hashflare-Review-2018/?id=bitcointalk