Hashflare mining is not giving payouts anymore?

[Koadharber]

who cares.  its a f*cking mining company, not some burglar planning to rob your house.  You give your ID every day to various government agencies, telephone companies, utility companies, etc without batting a wink. Hell some buildings don't allow you to enter without seeing your ID, but here you are afraid that it will remain on their servers for ever!!

don't be so dramatic mate.

He has a point though. It's not a regular business you're dealing with, but a scam that will at some point vanish and who knows what they will do with your personal data. By having your ID and some basic details I can take out loans on your name, etc. In other words, no one needs to rob your house when ill minded individuals can rob you digitally.

Intead of taking everyting lightly, which is what average joes tend to do, try and be more paranoid. Your ID is a key, not just some worthless document.

A nice comparison and he do have some points which it is actually true that we are giving out our ID anytime we do need to pass thru an establishment, a job or service requirement but robbing you out wont really be that simple specially if it would be done physically which it is completely possible into digital aspect. This is why some people doesn't really like to expose yet even a single information can really be used up into something that you don't like to happen which means neglecting these simple things will cost you some trouble later on.

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[kabit9]

who cares.  its a f*cking mining company, not some burglar planning to rob your house.  You give your ID every day to various government agencies, telephone companies, utility companies, etc without batting a wink. Hell some buildings don't allow you to enter without seeing your ID, but here you are afraid that it will remain on their servers for ever!!

don't be so dramatic mate.

He has a point though. It's not a regular business you're dealing with, but a scam that will at some point vanish and who knows what they will do with your personal data. By having your ID and some basic details I can take out loans on your name, etc. In other words, no one needs to rob your house when ill minded individuals can rob you digitally.

Intead of taking everyting lightly, which is what average joes tend to do, try and be more paranoid. Your ID is a key, not just some worthless document.

A nice comparison and he do have some points which it is actually true that we are giving out our ID anytime we do need to pass thru an establishment, a job or service requirement but robbing you out wont really be that simple specially if it would be done physically which it is completely possible into digital aspect. This is why some people doesn't really like to expose yet even a single information can really be used up into something that you don't like to happen which means neglecting these simple things will cost you some trouble later on.

Point noted, and I agree that your ID is not a frivolous document to be thrown at every scammy airdrop. However, not everyone online that asks for KYC is a scam.   

With Hashflare, we have yet to see how it plays out.... They have resumed BTC mining since they claim they have adjusted their algo's to make fees less.

Why was this not done to begin with, and why did they need downward BTC price pressure to do this deserves some consideration.

[Zocadas]

Some, like preposter, still seem to having hope, that they will pay out. As I already stated, we will see latest on end of August around. At this time they will have to payout many contracts from last year (they cut lifetime contracts to one year). With their new KYC requirements they will eliminate many needed payments. Custumers like me wont provide them any data, because they are not trustable with their activitirs for the last 12 months (cutting contracts, 500$ minimums, ending dash contracts, taking money from new customers although mining results seem in their opinion not rentable ....).
I presume, that they will soon shut down their "mining services" or simply don't pay out and trap new customers.

[Mahanton]

who cares.  its a f*cking mining company, not some burglar planning to rob your house.  You give your ID every day to various government agencies, telephone companies, utility companies, etc without batting a wink. Hell some buildings don't allow you to enter without seeing your ID, but here you are afraid that it will remain on their servers for ever!!

don't be so dramatic mate.

He has a point though. It's not a regular business you're dealing with, but a scam that will at some point vanish and who knows what they will do with your personal data. By having your ID and some basic details I can take out loans on your name, etc. In other words, no one needs to rob your house when ill minded individuals can rob you digitally.

Intead of taking everyting lightly, which is what average joes tend to do, try and be more paranoid. Your ID is a key, not just some worthless document.

A nice comparison and he do have some points which it is actually true that we are giving out our ID anytime we do need to pass thru an establishment, a job or service requirement but robbing you out wont really be that simple specially if it would be done physically which it is completely possible into digital aspect. This is why some people doesn't really like to expose yet even a single information can really be used up into something that you don't like to happen which means neglecting these simple things will cost you some trouble later on.

Point noted, and I agree that your ID is not a frivolous document to be thrown at every scammy airdrop. However, not everyone online that asks for KYC is a scam.   

With Hashflare, we have yet to see how it plays out.... They have resumed BTC mining since they claim they have adjusted their algo's to make fees less.

Why was this not done to begin with, and why did they need downward BTC price pressure to do this deserves some consideration.

Consideration would really be there not only to Hashflare but on most cloud mining sites which are mainly affected on this cryptomarket price decline but in the things or steps that they do have done specially holding up deposits and pausing up contracts due to unprofitability then it would really be a disadvantage for those people who had just recently invested and take note they do still accept contract investment even they are not profitable then it would be always shady if we do look at it deeply.

[hongchao123]

All cloud mining services have similar problems. Btc rate should be higher for us to gain, I didn't work with hashflare but heard some good stuff about them before, hope they'll resolve all issues, as far as I know hf is a big player in the field.

[Haven7]

Hashflare has been a reputable mining platform for long, but hard times came. Cloud mining is risky stuff, maaan, we totally depend on btc rate now 

[ioang]

There should be more payouts with higher btc rate. I don't think we can blame hashflare for harsh market conditions, cloud mining isn't sth stable

[Scarlett07]

There should be more payouts with higher btc rate. I don't think we can blame hashflare for harsh market conditions, cloud mining isn't sth stable

All cloud mining services are quite similar, nothing surprising about hashflare difficulties right now. But these "payouts" make me sick to be honest. Probably you are right and we shouldn't blame 'em, I just want my profit back

[murat131]

I got my $2,250 from hashflare within 8 days or sth.

You mean refund?

[Abbie Hoffman]

I got my $2,250 from hashflare within 8 days or sth.

Could you give us some details? Many users are requesting chargebacks from their banks now cause people don't receive any payouts or refunds.

[Scarlett07]

I got my $2,250 from hashflare within 8 days or sth.

Could you give us some details? Many users are requesting chargebacks from their banks now cause people don't receive any payouts or refunds.

What kind of details? Is it so uncommon to get one? No idea how it works to be honest, I accomplished verification rather fast and waited for my money for about 8 days.

it's not very common for sure, you are chosen one

[Litecoindigger]

If there is still money in your account I would try to pay out everything. The condition of hashflare for mining must be very bad. I don't know the electricity prices but it must have been very bad over 10 cents...

There are much more better opportunities to earn from mining. Some companies offer mining ICOs where you buy tokens and receive the mining dividends in your wallet where you hold the coins. So these coins work like contracts and are also not limited to a year, it's lifetime and you can sell them later like normal coins. This better model is a big advantage compared to cloudminers.

Here I've made a list of ongoing projects: https://bitcointalk.org/index.php?topic=4907656.0

[ioang]

I got my $2,250 from hashflare within 8 days or sth.

Could you give us some details? Many users are requesting chargebacks from their banks now cause people don't receive any payouts or refunds.

What kind of details? Is it so uncommon to get one? No idea how it works to be honest, I accomplished verification rather fast and waited for my money for about 8 days.

Sounds good, although, it's kinda strange that they pay back randomly.

[Ireson]

The crypto world went crazy! HF, Genesis, bitcoin...everything is going to hell

[olumyd]

It's really sad to see people's investments and their rightful claim to its dividends not being paid.

[ShadowBJ21]

To sides of the coin:

First, so far I always got my payouts without problems as soon as they reached the withdrawl limit.

Second: After they ended the contracts they promised that we can withdraw below limit too. Then started the contracts again. Wasn't happy with that but well, ok so far. Didn't check for some time but now I see still not generating any results for days. According to their rules contracts should be ended an balances should be paid.

Sent them a letter again but I doubt they will react ... sad to see that a legit company (and I still believe the were before the crash) turns into a scam because obviously they start to run out of money :-(
Etherum contracts still generate (low) results. So I will see in a month when I reach payout limit there if the still at least pay out that.

[Slow death]

but now I see still not generating any results for days. According to their rules contracts should be ended an balances should be paid.

I made a post right now asking myself why they stopped posting on twitter and now I understand the reason, these guys are having serious financial problems and probably will close their cloud mining, I say that because they have been doing a lot of promotions in the last months and increased the minimum value of withdrawals. it seemed that they were doing this to have new investors and at the same time prevented investors from being able to withdraw their money. doing this they wanted to accumulate enough balance to be able to make payments for a while, but the decline of the bitcoin price came to destroy his plans. This is my theory, I have no evidence.

sad to see that a legit company (and I still believe the were before the crash) turns into a scam because obviously they start to run out of money :-(

is very sad

[Semar Mesem]

Hashflare is a scam site don't invest in there, in 2016 I invested about 0.8 btc (in April) and in August I was unable to access with the reason that the account was unknown, I lost 0.75 btc and until now I cannot access.

[Zocadas]

Hashflare and also all others. Also eobot doesn't continue mining and I also read some posts about Genesis with the same thing. These were the only ones, which paid a few years. Ok, I never reach the ROI with my investment, but they paid.
I have doubts, that they really mined.

[Slow death]

Hashflare is a scam site don't invest in there, in 2016 I invested about 0.8 btc (in April) and in August I was unable to access with the reason that the account was unknown, I lost 0.75 btc and until now I cannot access.

I was wondering why they stopped posting on twitter, so I went to do a search, oh I found this:

https://twitter.com/hashflare/status/1022856142953824256













The situation is not good for cloud mining and people are losing money.