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Author Topic: Hashflare - 1 Year Contract - Reinvestment Questions  (Read 65 times)
binbinbong
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December 20, 2017, 01:21:29 PM
 #1

Hi,

A week ago purchase 50th/s on sha-256 mining with hashflare, i click on reinvestment on sha-256, so what will happen when it reaches 365 days? Imagine at 365 days i got about 200th/s + without any btc left because of reinvestment and the contract ended will i just ended up with zero? And what will happen to the initial capital invested? I got zero clue about this, or should i just ROI at the 1st few mths than do reinvestment. Any guys can help me out on this question?
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Zocadas
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December 20, 2017, 01:41:27 PM
 #2

If they would be still legit, then the hash, you baught from reinvest would start with 365 days duration. But I have serious doubts about hashflare, because withdrawals are disabled for several days.

   

 
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lucianus_luciferus
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December 20, 2017, 02:08:25 PM
 #3

as far as i know any reinvestment you make will be like a 1 year contract
so for example if you reinvest 1TH on 22/12/2017 that will mean you will have a one year contract on that 1TH until 21/12/2018

binbinbong
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December 20, 2017, 02:35:37 PM
 #4

thats the case if daily reinvest, after 365 i stop reinvest wouldnt i lose daily th/s and grt the last paycheck until the reinvestment contract ends, strange is the reinvestment didnt stated when the end date.
ShadowBJ21
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December 20, 2017, 04:14:15 PM
 #5

It does! Just go to history and look at the first table. Every buying action will create a new contract with a start and end date. And every reinvestment appears there as a new contract.

As this goes from oldest down to newest you can easily check when you start to lose important hashing capacity.
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December 20, 2017, 05:07:20 PM
 #6

thats the case if daily reinvest, after 365 i stop reinvest wouldnt i lose daily th/s and grt the last paycheck until the reinvestment contract ends, strange is the reinvestment didnt stated when the end date.
Reinvestment there  is just like reinvestment feature you have in most of the other hyip ponzi.

Your contract will end after 365 days, the next contract will be added automatically which will expire on next day of your initial contract end. So yes you will keep losing hash rate and income daily.

Hashflare is using your money to buy mining rigs which will be 100% owned by them after one year. Never invest in hashflare...
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