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Author Topic: Please help (cloud mining)  (Read 217 times)
a7adidy
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December 01, 2017, 01:15:25 AM
 #1

Please help me
I want to invest 1000$ at hashflare buying 7TH SHA-256 I calculate the daily revenue from 12$ to 15$ and maintenance fees is 2.45$ daily for 7TH, did I calculated right ?
Please help me with suggestions to the highest profit
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December 01, 2017, 05:47:25 AM
 #2

So what do you think after calculating it right?  Do you think you will earn profits from cloud minings?
Even if they pay you $20 each day, there is no chance you will have $900 at last.
I am not satisfied with cloud minings, they have business and they are taking charges, not giving free money.

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December 01, 2017, 07:17:01 AM
 #3

Yes you are right but if there will be massive dump in bitcoin's price or difficulty level will rise you might not even get your $1k back within contract period of 1 year.

I suggest you to buy real mining hardware/rigs and mine at your home. Cloud mining can be profitable only if all parameters including price of bitcoin will remain same which is almost impossible.
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December 01, 2017, 12:31:37 PM
 #4

Yes you are right but if there will be massive dump in bitcoin's price or difficulty level will rise you might not even get your $1k back within contract period of 1 year.

I suggest you to buy real mining hardware/rigs and mine at your home. Cloud mining can be profitable only if all parameters including price of bitcoin will remain same which is almost impossible.

Cloud mining can be profitable only if the cloud mining company doesn`t scam the investors and run away with their coins,just don`t bother with parameters like the bitcoin price.Buying mining hardware is the best decision,but probably the OP doesn`t have cheap electricity in his country.
I don`t undertand the people ,who want to invest in mining.It`s better just to buy cryptocurrencies and HODL.

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December 01, 2017, 01:06:57 PM
 #5

Hashflare will probably go down soon. Many users can't pay out anymore, contracts suddenly got limited and their support needs weeks for answering. All together gives me the impression, that service will soon get down.
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December 01, 2017, 01:49:22 PM
 #6

Please help me
I want to invest 1000$ at hashflare buying 7TH SHA-256 I calculate the daily revenue from 12$ to 15$ and maintenance fees is 2.45$ daily for 7TH, did I calculated right ?
Please help me with suggestions to the highest profit
cloud mining just now are not trusted because of the cloud mining victimization, hashflare is really profitable but we do not know how long it will be because cloud mining is not reliable at all. maybe you'll get 20$ per day but since the bitcoin's price is dropped we're not sure you can recover your investment of 1000$ and maybe before you can regain your investment the hashflare become a scam site. no one knows.
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December 01, 2017, 02:52:50 PM
 #7

Please help me
I want to invest 1000$ at hashflare buying 7TH SHA-256 I calculate the daily revenue from 12$ to 15$ and maintenance fees is 2.45$ daily for 7TH, did I calculated right ?
Please help me with suggestions to the highest profit

Based on the calculation you have there, then it means on the average you get a net revenue of $10 which mean you will need a minimum of 100days to ROI which is over 3 months but the concern here is that, will the company you are planning to put the money into, will live beyond that 3 months. Another concern is that the return as I have expanded upon is not what it seems as the charges might go higher while the return might go lower depending on the difficulty experienced.

You should do more research or find other projects to invest in and you are sure to make good return rather than relying on cloud mining.

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December 01, 2017, 07:33:30 PM
 #8

Please help me
I want to invest 1000$ at hashflare buying 7TH SHA-256 I calculate the daily revenue from 12$ to 15$ and maintenance fees is 2.45$ daily for 7TH, did I calculated right ?
Please help me with suggestions to the highest profit
Don't do it.
You probably won't reach ROI in one year.
Rather invest in your own mining equipment, grab some GPU's and start mining.

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December 01, 2017, 08:42:14 PM
 #9

Please help me with suggestions to the highest profit

Before you invest your money and time, take some time to do research.

" Dec 1, looks like tha payout have been delayed again. Please keep inform up by tweet or facebook update. Simple but makes us no worry about you guys. "

" I'm sick to death of trying to explain this to your support team, there is BTC DISAPPEARING out of my balance, time to do some explaining. "

" WTf another one??? u r so funny, better if you close and stop scaming people with "delays" , then higher min. cashout, then changes in contracts, for sure u r getting out of funds PONZIflare "

" hmm... no payout for 1st either... any update? "

" No, here we are going to corrupt the contract. We call it maintenance, stretching withdrawal, maintenance has not ended yet, payment today is not over. "

" Why 12.1 still don't pay, why do you always do this "

" Another delay?! U gotta be kidding me.... "

https://twitter.com/hashflare/status/936144278606221313


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December 01, 2017, 10:34:33 PM
 #10

Please help me
I want to invest 1000$ at hashflare buying 7TH SHA-256 I calculate the daily revenue from 12$ to 15$ and maintenance fees is 2.45$ daily for 7TH, did I calculated right ?
Please help me with suggestions to the highest profit

Don't invest in scams, you'll lose money.
Anyway let's do the math. Even if you got $9,5 per day that makes it over 3 months before they give you back the money. If nothing changes you'll have to wait 105 days just to get that $1000 back and by that point you still won't earn a dollar. In 3 months a lot can change. Difficulty can rise, company can go bankrupt or run away with your money, the price of Bitcoin can go down, you don't know that and if you have coins in your wallet you can react quickly and do whatever you like. Sell, buy a promising altcoin and know that you're safe because they can't steal it.

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December 03, 2017, 08:14:37 PM
 #11

Yes you are right but if there will be massive dump in bitcoin's price or difficulty level will rise you might not even get your $1k back within contract period of 1 year.

I suggest you to buy real mining hardware/rigs and mine at your home. Cloud mining can be profitable only if all parameters including price of bitcoin will remain same which is almost impossible.

Cloud mining can be profitable only if the cloud mining company doesn`t scam the investors and run away with their coins,just don`t bother with parameters like the bitcoin price.Buying mining hardware is the best decision,but probably the OP doesn`t have cheap electricity in his country.
I don`t undertand the people ,who want to invest in mining.It`s better just to buy cryptocurrencies and HODL.
Even with the cloud mining not scamming, nothing is guaranteed these days and I do not see how the OP is really going to get his ROI back even with that calculation. The thing is with the difficulty level increasing every now and then; it is just not worth it. It is better you do it yourself and find a way to switch in between profitable coins than joining a cloud mining.

Nothing good comes out of them in the long run and with cheap electricity like you said, better to buy some miners, join a pool rather than going solo and keep raking in for yourself. At least once you get your ROI back; you can start raking in profits.
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December 03, 2017, 08:53:39 PM
 #12

i have been with hashflare for over 3 months and i am happy how things are going.
if you want to invest in anything not just crypto i think the only question you need to ask yourself is this: What happens if I lose everything?
if you are comfortable with the answer then go ahead

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December 03, 2017, 09:41:25 PM
 #13

Yes you are right but if there will be massive dump in bitcoin's price or difficulty level will rise you might not even get your $1k back within contract period of 1 year.

I suggest you to buy real mining hardware/rigs and mine at your home. Cloud mining can be profitable only if all parameters including price of bitcoin will remain same which is almost impossible.

Cloud mining can be profitable only if the cloud mining company doesn`t scam the investors and run away with their coins,just don`t bother with parameters like the bitcoin price.Buying mining hardware is the best decision,but probably the OP doesn`t have cheap electricity in his country.
I don`t undertand the people ,who want to invest in mining.It`s better just to buy cryptocurrencies and HODL.
Even with the cloud mining not scamming, nothing is guaranteed these days and I do not see how the OP is really going to get his ROI back even with that calculation. The thing is with the difficulty level increasing every now and then; it is just not worth it. It is better you do it yourself and find a way to switch in between profitable coins than joining a cloud mining.

Nothing good comes out of them in the long run and with cheap electricity like you said, better to buy some miners, join a pool rather than going solo and keep raking in for yourself. At least once you get your ROI back; you can start raking in profits.

He can get his ROI back but it takes more longer months or even years before he can get his capital and profit on this kind of scheme but Instead of doing some cloudmining things then why would he not create or grab some miner for his self if he want to earn from mining? Then if he do this then he can assure to get a decent ROI by selecting those profitable coins to mine. And he can start raking some profits with that as you said.

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December 03, 2017, 09:52:24 PM
 #14

They can not keep it up anymore, that is the real reason of that.

Hashflare will probably go down soon. Many users can't pay out anymore, contracts suddenly got limited and their support needs weeks for answering. All together gives me the impression, that service will soon get down.

There are like 1000 new users a day, and 500 of them is investing, there are fresh funds ,but they are not able to pay out what they need to pay, and that is why they are configurating the contracts.

I remember when they had the option to give out life time contracts, and suddenly they cancelled all of them during this year, this created a lot of FUD, i do not understand how the fuck are you still trying to join that one.

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Tyrantt
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December 04, 2017, 12:17:10 AM
 #15

Why don't you invest that money in making your own alt-coin mining rig? you could possibly earn something more than investing into bitcoin cloud mining. Or just buy BTC or some alt-coin and hold.
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