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Author Topic: I test Hashflare.io | Starting: 2017-12-02 | SHA-256 | 2.75TH (ref link removed)  (Read 113 times)
Charyp
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December 04, 2017, 12:43:58 AM
 #1

I am going to keep my stats on Hashflare.io on this thread and review performance / support if I should require / payout delivery.

Thanks to a friendly mod who decided to move my thread into a self-explanatory way, I have now learned that posting ref links is not allowed here. I learned and improved my post. Thank you rickbig41 + I hope everything about this thread is fine now :-)

Some general Information before I start:
  • I am going to buy SHA-256 only for now - starting with 2.75TH, I might increase that later by reinvesting a part of the revenue, but that will always be tracked. For fast reference, I bought the Hashrate (1yr contract on 2017/12/02 and paid 385USD or BTC0.03470000 (including transaction fees)
  • I removed the ref link, sorry I thought that it would be okay on constructive postings. I guess signature is also just for Donation Address + Official Capmaigns then?
  • I am relatively new on this forum (been more of a reader since I joined) this will probably be starting out a bit ugly but hopefully improve over time if possible.


Stats Table - General Overview:
Current Hashrate        Total Investment in BTC         Total Investment in USD        Revenue in BTC        Revenue in USD (est.)
     2.75TH     
0.0347
385
0.00039389
4.60



Investments Table:
Date       
Hashrate bought        Price in BTC        Price in USD
2017-12-02
2.75TH
0.0347
385



Revenue Table:
Please note, that I will not keep track on USD values in the revenue table as I will not make daily payouts because of the transaction costs involved

Date
Revenue in BTC
2017-12-03
BTC0.00039389



Payout Table:

Date Requested        Date Received        Payout in BTC        Payout in USD
----


Alright, I think/hope that these are all stats that will help others to make educated decisions after some time of tracking. I would love to, but will probably not be able to post daily update, but the minimum frequency should be at least once a week. I can create Screenshots of payouts later on if this should be appreciated (because of reading alot of "proof or it didn´t happen in this board  Wink )


Any constructive Feedback is appreciated.
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FrenchinHK
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December 17, 2017, 11:23:53 AM
 #2

3 month ROI
Fidemoga
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December 17, 2017, 04:12:10 PM
 #3

I don't know where from the data for ROI 3 months come. My ROI is even after 12 months not reached. I hope, I get my investment back, before hashflare will quit its service. Maybe they push the ROI for new customers, that they buy more hash. But you can be glad to get your investment back.
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December 17, 2017, 04:52:03 PM
 #4

You invest 384$  and you get 4.60$/ day prodit right ? its 138$profit/ month so about 3 month ROI no ?
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December 17, 2017, 06:57:18 PM
 #5

You invest 384$  and you get 4.60$/ day prodit right ? its 138$profit/ month so about 3 month ROI no ?
In theory yes, in practice no, as I see in my account,  because fees and power/difficulty change every day and depending on pools, that are chosen. I have every day another result, but none, that would result in ROI 3 months. I had a lifetime contract, that will end next year and I hope, I will get most of my investment back and withdrawals will not get disabled again.
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December 18, 2017, 02:09:10 AM
 #6

You invest 384$  and you get 4.60$/ day prodit right ? its 138$profit/ month so about 3 month ROI no ?

Doesn't work like that. The difficulty for bitcoin always is going up. Also if bitcoin goes down then you're screwed since that is what ispaying your maintenance fees, which is denominated in fiat currency. So your reward goes down significantly as time goes on.

Not as simple as you think, otherwise everyone would be making bank off cloud mining right now.

@OP, hashflare is probably worse than genesis mining actually. They are NOT a legit company at all. I would recommend avoiding them in the future. Though i'm illing to see how much you actually gain from this.

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December 18, 2017, 02:38:31 AM
 #7

You invest 384$  and you get 4.60$/ day prodit right ? its 138$profit/ month so about 3 month ROI no ?
In theory yes, in practice no, as I see in my account,  brcause fees and power/difficulty change every day and depending on pools, that are chosen. I have every day another result, but none, that would result in ROI 3 months. I had a lifetime contract, that will end next year and I hope, I will get most of my investment back and withdrawals will not get disabled again.

In addition, the bitcoin price can affect too mostly in maintenance fees after the purchase obviously and with the recent spike in mining difficulty which ~18%, I seriously doubt it will only take 3months to ROI, more likely more than 1 year if you make a computation considering all factors


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