Cloud mining changes in HF

[TheBTCpost]

So here is the latest news regarding hashflare

Prices increase today from 1.5 USD per 10 GHS to 2.2 USD per 10 GHS or 220.00 USD per 1 TH

While it’s still probably the cheapest per TH mining in clouds out there
It’s recent contract changes from life time to year for all members was a shock

Now it’s changes prices overnight no warning crazy right
I’m invested over 40 th which currently pays net 2.50 usd per day per TH in current time of posting

What’s your guys thoughts on hashflare aka PolyibiASS

[maeusi]

There are more changes. They changed withdraw minimum and disabled withdraws. The mining power went significantly down, their support needs weeks to answer and their Dash contracts don't pay anymore. So I fear, that hashflare is turning into scam.

[SONG GEET]

Hashflare is one  of the nasty cloud mining services out there.

When they sold out all their mining power, they changed lifetime contract to yearly one including the old contracts so that they can keep selling same mining unit to multiple users everyyear.

When they see increase in new investors, they now changed their price so that they can collect more money to expand their farm.

The one who will get all those mining devices bought by your money is hashflare so stop making them rich and start mining at your backyard/garrage.

[Slow death]

What’s your guys thoughts on hashflare aka PolyibiASS

with so many promotions that they made and this price change only makes all events of the last months become shady.

their support needs weeks to answer...

They justified themselves on this subject:

Please note, that due to the emerging issues, the support queue currently has over 20,000 tickets. Our customer support team will reply to and handle every single request, though the response time may reach over 14 days in some cases. Thank you for your patience and understanding

This must be a very common problem in the exchanges and cloud mining, as they never tell us how many workers are in the support, it is difficult to know if they are speaking the truth or are inventing things to not complain

[timerland]

So here is the latest news regarding hashflare

Prices increase today from 1.5 USD per 10 GHS to 2.2 USD per 10 GHS or 220.00 USD per 1 TH

While it’s still probably the cheapest per TH mining in clouds out there
It’s recent contract changes from life time to year for all members was a shock

Now it’s changes prices overnight no warning crazy right
I’m invested over 40 th which currently pays net 2.50 usd per day per TH in current time of posting

What’s your guys thoughts on hashflare aka PolyibiASS

Typical hashflare behaviour.

They make changes arbitrarily whenever they want to. Same thing they did with their investors. Screwed them over with changes to their investment length, from lifetime(which actually isn't lifetime but still better) to 1 year.

Seems to be their specialty just making changes without any reasoning whatsoever, to the benefit of them.

It doesn't even seem like they are actually mining at this point. Just seems like a whole ponzi scheme to me that will eventually collapse. No warning either, no major changes to anything - just a nearly 50% rise in mining cost somehow... Just greedy admins trying to cash out on their business.

[TheBTCpost]

So here is the latest news regarding hashflare

Prices increase today from 1.5 USD per 10 GHS to 2.2 USD per 10 GHS or 220.00 USD per 1 TH

While it’s still probably the cheapest per TH mining in clouds out there
It’s recent contract changes from life time to year for all members was a shock

Now it’s changes prices overnight no warning crazy right
I’m invested over 40 th which currently pays net 2.50 usd per day per TH in current time of posting

What’s your guys thoughts on hashflare aka PolyibiASS

Typical hashflare behaviour.

They make changes arbitrarily whenever they want to. Same thing they did with their investors. Screwed them over with changes to their investment length, from lifetime(which actually isn't lifetime but still better) to 1 year.

Seems to be their specialty just making changes without any reasoning whatsoever, to the benefit of them.

It doesn't even seem like they are actually mining at this point. Just seems like a whole ponzi scheme to me that will eventually collapse. No warning either, no major changes to anything - just a nearly 50% rise in mining cost somehow... Just greedy admins trying to cash out on their business.

Unfortunately I am starting to agree

There is no transparency

There is only a few images on the whole World Wide Web
If there farm and it’s two men with half empty racks adding some miners

Hashflare has been around since what 2014 I think. You would think that they would have a few more mines
By now, take genesis for example there mining evidence is out there huge giant mines and even live stream to watch them

I fear it is a ponzi sometimes... and no need to tell me who the owners are I know... still doesn’t
Make me feel any better in terms of trust.