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Author Topic: Hashflare mining is not giving payouts anymore?  (Read 552 times)
ShadowBJ21
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August 22, 2018, 08:24:20 AM
 #61

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.
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August 24, 2018, 08:49:37 PM
 #62

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

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August 26, 2018, 08:19:55 AM
 #63

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.

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August 26, 2018, 09:32:08 PM
 #64

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.

   

 
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August 29, 2018, 04:11:18 PM
 #65

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.



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August 29, 2018, 06:10:54 PM
 #66

Hashflare was a scam from the start, any profit goes towards "maintence fees" which is just going straight into their pockets. It's similar to donating to a charity but the majority of the funds go to administrative costs.

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September 01, 2018, 12:45:34 AM
 #67

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


They've posted a big article earlier today answering all questions. Basically they are saying that they have been operating on the same conditions without any changes to the contracts. But with the current BTC price and difficulty, mining still remains unprofitable. So cryptocurrency continues to be mined but in the conditions of mining unprofitability.
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September 01, 2018, 01:15:32 AM
 #68

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


They've posted a big article earlier today answering all questions. Basically they are saying that they have been operating on the same conditions without any changes to the contracts. But with the current BTC price and difficulty, mining still remains unprofitable. So cryptocurrency continues to be mined but in the conditions of mining unprofitability.

Oh, thx for sharing this info, just checked their medium. Why always when you read reasonable arguments, so many of your initial worries go away Grin They also told about withdrawals, at the moment the queue for second level verification is measured in tens of thousands...it explains why not everyone received a refund yet. Anyway, cloud mining isn't profitable now so no point to think about new investments. Just hope everyone can get a refund and wait for better market conditions to mine more...or forget and choose another source of income, not so risky and nervous one Roll Eyes
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September 02, 2018, 12:07:17 AM
 #69

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


They've posted a big article earlier today answering all questions. Basically they are saying that they have been operating on the same conditions without any changes to the contracts. But with the current BTC price and difficulty, mining still remains unprofitable. So cryptocurrency continues to be mined but in the conditions of mining unprofitability.

I think no one cares already, people mostly want to receive their refunds and forget about them. Cloud mining turned out to be pain in the ass. Hashflare, genesis, all of them. That's good though that they've showed up saying sth, hope we have a real chance to get our money. 
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September 02, 2018, 05:56:40 AM
 #70


this is what im talking about . all cloud mining are really a scam and not to be trusted even if they are old enough or had been running for a long time . theres still a high chance that they could turn unto a scam because cloud mining is a shady business and it is a kind of pyramid scheme/hyip/ponzi , etc whatever you name it .

suggest to all , better you can just foccus on a real mining so that youll know that you are safe  or you can just buy a coin and start investing or trading because that is more better than mining .

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September 02, 2018, 03:44:42 PM
 #71

suggest to all , better you can just foccus on a real mining so that youll know that you are safe  or you can just buy a coin and start investing or trading because that is more better than mining .
Investing directly in crypto has always been the best yielding option, by far. I no longer recommend people even to buy actual mining equipment because it's a waste of time and your hardware will become near worthless at some point.

The increasing difficulty is near impossible to combat unless you keep adding equipment to your mining operation and hope to bank on a pump to sell the coins you've been accumulating for a longer period of time.

People just need to let go of their passive income through mining fantasy. It's a damn hoax.

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September 03, 2018, 12:32:50 AM
 #72

suggest to all , better you can just foccus on a real mining so that youll know that you are safe  or you can just buy a coin and start investing or trading because that is more better than mining .
Investing directly in crypto has always been the best yielding option, by far. I no longer recommend people even to buy actual mining equipment because it's a waste of time and your hardware will become near worthless at some point.

The increasing difficulty is near impossible to combat unless you keep adding equipment to your mining operation and hope to bank on a pump to sell the coins you've been accumulating for a longer period of time.

People just need to let go of their passive income through mining fantasy. It's a damn hoax.

I agree, cloud mining is no longer the option.
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September 05, 2018, 04:32:56 AM
 #73

suggest to all , better you can just foccus on a real mining so that youll know that you are safe  or you can just buy a coin and start investing or trading because that is more better than mining .
Investing directly in crypto has always been the best yielding option, by far. I no longer recommend people even to buy actual mining equipment because it's a waste of time and your hardware will become near worthless at some point.

The increasing difficulty is near impossible to combat unless you keep adding equipment to your mining operation and hope to bank on a pump to sell the coins you've been accumulating for a longer period of time.

People just need to let go of their passive income through mining fantasy. It's a damn hoax.

I agree, cloud mining is no longer the option.

Many people are fed up with this cloud mining websites and at one stage they are closing without paying to investors. Actually, they don't have any mining farms, they collect money and share to the investors as long as an investment is coming.

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September 06, 2018, 07:07:43 AM
 #74

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.

That's why many experienced people suggesting not to invest in cloud mining websites, where we cannot able to make on the investment we made. So always try to check before investing in cloud mining but from my experience, most of the cloud mining websites are scamming the investors.

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September 07, 2018, 10:54:43 PM
 #75

suggest to all , better you can just foccus on a real mining so that youll know that you are safe  or you can just buy a coin and start investing or trading because that is more better than mining .
Investing directly in crypto has always been the best yielding option, by far. I no longer recommend people even to buy actual mining equipment because it's a waste of time and your hardware will become near worthless at some point.

The increasing difficulty is near impossible to combat unless you keep adding equipment to your mining operation and hope to bank on a pump to sell the coins you've been accumulating for a longer period of time.

People just need to let go of their passive income through mining fantasy. It's a damn hoax.

I agree, cloud mining is no longer the option.

Many people are fed up with this cloud mining websites and at one stage they are closing without paying to investors. Actually, they don't have any mining farms, they collect money and share to the investors as long as an investment is coming.
I couldn't have said it better, this is also my point of view. The Hashflares and ROI promising cloudmining scams have damaged crypto in a bad way. But I also think mining is Bitcoins root and if you do it right and trust a knwoledged team you can make this happen. More accidentally I came about Scavo.Farm, a project from Argentina which offers you a share of their operations. So, this is no cloudmining, it's a sharing company, they have to be profitable to get their own profits, which is a must-have to be successful and not a contract mining scam like Hashflare, finishing this after one year or being intransparent in matter of costs.
I had a look to their website and it's very transparent, the team is fully public and their LinkedIn profiles visible. I will give this a try to be a better investment compared to all the cloudmining scams.  Smiley

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September 08, 2018, 01:48:18 PM
 #76

That's sad anyway cause back in the day cloud mining was profitable, but easy money has a tendency to vanish.
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September 09, 2018, 02:09:24 AM
 #77


Ideally cloud mining services should be regulated or controlled somehow. I mean we really don't know how much truth they give us. But at the same time it's only our choice to believe them, invest and take risks in order to gain more.

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September 09, 2018, 02:16:38 PM
 #78

BTCjam was also a SCAM, then BTC-e and CEX.io also destroyed the mining contracts that it had with its users and now also Hashflare, is there any way we could protect us of being scammed, is there any law that could help us ?

Are you looking for a linux vps, then please take a look at this it has good prices: https://simplenode.co/hostbill/?affid=74
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September 10, 2018, 08:00:34 AM
 #79

That sounds like cheating. You are trying to cheat and refer to the fact that bitcoin has fallen in price. That's not true. They just do not produce. I am inclined to think that Hashflare is Scam.

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September 13, 2018, 01:08:53 AM
 #80


Ideally cloud mining services should be regulated or controlled somehow. I mean we really don't know how much truth they give us. But at the same time it's only our choice to believe them, invest and take risks in order to gain more.

yeah, we took these risks ourselves(
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