[NEW] Hashflare cloud mining

[HashFlare]

Why hold contracts is possible? While you change the duration of contracts from lifetime to OME YEAR ONLY? And Your prices have often changed ($0.60 per 10 GH) reached up to ($2.4 per 10GH) with higher and lower rates of exchange Bitcoin to Dollar?

The change in contract duration was a necessary step - we were forced to change the contract terms due to the market changes outside of our control. There is a global shortage of hardware and the manufacturers have overflowing orders.

Changing prices for products (in this case - for contracts) is normal practice, which is determined by the acquisition of new equipment, demand, market situation etc. and is done by many companies.

[ferasjoda]

So The change in contract duration was a necessary step for save your money, but stop my contracts not possible Although they lose, It does not makeing any bitcoin, why its work? Until the end of the period and lose money?

[I-Love-BTCD]

I would like to tell you that,

I have bought in:

8-3-2018
20-3-2018
22-4-2018

About 4000$ Mining contracts.

And as you know the Electricity consumption exceeds production since 4,5,6,7,8,9,10 months till now ..

so I do think its better to return my money for this time because i feel lost all money on april.
as long as it doesn't work. or stopping my contracts at this slow time .. and open them again when the mining getting a better situation.

but the continue with this condition its make me worried about my money ..

and also worried about credibility from your side.

Oh you chose the worst time ever to invest

[Abbie Hoffman]

Why hold contracts is possible? While you change the duration of contracts from lifetime to OME YEAR ONLY? And Your prices have often changed ($0.60 per 10 GH) reached up to ($2.4 per 10GH) with higher and lower rates of exchange Bitcoin to Dollar?

The change in contract duration was a necessary step - we were forced to change the contract terms due to the market changes outside of our control. There is a global shortage of hardware and the manufacturers have overflowing orders.

Changing prices for products (in this case - for contracts) is normal practice, which is determined by the acquisition of new equipment, demand, market situation etc. and is done by many companies.

Oh, everything is so complicated in cloud mining. Hope we gonna be rewarded for our patience.

[HashFlare]

So The change in contract duration was a necessary step for save your money, but stop my contracts not possible Although they lose, It does not makeing any bitcoin, why its work? Until the end of the period and lose money?

Initially, according to our Terms of Service, the contracts should have been permanently terminated after 21 consecutive days of non-profitability, but the service decided to keep the contracts active and has undertaken to sustain them over the course of one year, while mining remains unprofitable  and is covering the losses that arose from the current market situation.

[raz123]

So The change in contract duration was a necessary step for save your money, but stop my contracts not possible Although they lose, It does not makeing any bitcoin, why its work? Until the end of the period and lose money?

Initially, according to our Terms of Service, the contracts should have been permanently terminated after 21 consecutive days of non-profitability, but the service decided to keep the contracts active and has undertaken to sustain them over the course of one year, while mining remains unprofitable  and is covering the losses that arose from the current market situation.

Where can I find your Terms of Service?

[ferasjoda]

So The change in contract duration was a necessary step for save your money, but stop my contracts not possible Although they lose, It does not makeing any bitcoin, why its work? Until the end of the period and lose money?

Initially, according to our Terms of Service, the contracts should have been permanently terminated after 21 consecutive days of non-profitability, but the service decided to keep the contracts active and has undertaken to sustain them over the course of one year, while mining remains unprofitable  and is covering the losses that arose from the current market situation.

Where can I find your Terms of Service?

As they changed the contracts lifetime to one year, they can modify Term of Service any time!

[ferasjoda]

So The change in contract duration was a necessary step for save your money, but stop my contracts not possible Although they lose, It does not makeing any bitcoin, why its work? Until the end of the period and lose money?

Initially, according to our Terms of Service, the contracts should have been permanently terminated after 21 consecutive days of non-profitability, but the service decided to keep the contracts active and has undertaken to sustain them over the course of one year, while mining remains unprofitable  and is covering the losses that arose from the current market situation.

Where can I find your Terms of Service?

look
archive Term of Service Page on 31 aug 2017
https://web.archive.org/web/20170831110828/https://hashflare.io/terms/

5.2. The Contract Term for HashFlare.io Cloud Machines is unlimited by default, unless stated otherwise. The Contract is valid while profitable, until expired or until terminated (refer to section 13), whichever comes first.

on 1 oct 2018 they change it

https://web.archive.org/web/20181001235917/https://hashflare.io/terms/

5.2. The Contract Term for HashFlare.io Cloud Machines is set to 1 year by default, unless stated otherwise. The Contract is valid while profitable (refer to section 5.5.), until expired or until terminated (refer to section 13), whichever comes first.

[ferasjoda]

So The change in contract duration was a necessary step for save your money, but stop my contracts not possible Although they lose, It does not makeing any bitcoin, why its work? Until the end of the period and lose money?

Initially, according to our Terms of Service, the contracts should have been permanently terminated after 21 consecutive days of non-profitability, but the service decided to keep the contracts active and has undertaken to sustain them over the course of one year, while mining remains unprofitable  and is covering the losses that arose from the current market situation.

what about prices, I bought on 0.6$ for 10 GH and later Prices rose with the price bitcoin rise, Then declined later, with lower bitcoin prices. This is not justified

[handsofgod]

True, I see no point in complaining or smth as any company can't change the situation

Why hold contracts is possible? While you change the duration of contracts from lifetime to OME YEAR ONLY? And Your prices have often changed ($0.60 per 10 GH) reached up to ($2.4 per 10GH) with higher and lower rates of exchange Bitcoin to Dollar?

The change in contract duration was a necessary step - we were forced to change the contract terms due to the market changes outside of our control. There is a global shortage of hardware and the manufacturers have overflowing orders.

Changing prices for products (in this case - for contracts) is normal practice, which is determined by the acquisition of new equipment, demand, market situation etc. and is done by many companies.

Oh, everything is so complicated in cloud mining. Hope we gonna be rewarded for our patience.

[Zebulon Baldwin]

I even think people who complain now didn't even invest in hashfare

True, I see no point in complaining or smth as any company can't change the situation

Why hold contracts is possible? While you change the duration of contracts from lifetime to OME YEAR ONLY? And Your prices have often changed ($0.60 per 10 GH) reached up to ($2.4 per 10GH) with higher and lower rates of exchange Bitcoin to Dollar?

The change in contract duration was a necessary step - we were forced to change the contract terms due to the market changes outside of our control. There is a global shortage of hardware and the manufacturers have overflowing orders.

Changing prices for products (in this case - for contracts) is normal practice, which is determined by the acquisition of new equipment, demand, market situation etc. and is done by many companies.

Oh, everything is so complicated in cloud mining. Hope we gonna be rewarded for our patience.

[HashFlare]

look
archive Term of Service Page on 31 aug 2017
https://web.archive.org/web/20170831110828/https://hashflare.io/terms/

5.2. The Contract Term for HashFlare.io Cloud Machines is unlimited by default, unless stated otherwise. The Contract is valid while profitable, until expired or until terminated (refer to section 13), whichever comes first.

on 1 oct 2018 they change it

https://web.archive.org/web/20181001235917/https://hashflare.io/terms/

5.2. The Contract Term for HashFlare.io Cloud Machines is set to 1 year by default, unless stated otherwise. The Contract is valid while profitable (refer to section 5.5.), until expired or until terminated (refer to section 13), whichever comes first.

Our TOS were last changed on June 5th and users were notified of these changes via newsletter and on our official Telegram news channel.

As for the information presented on Wayback Machine, you can find the following disclaimer at the bottom of their page: "This calendar view maps the number of times https://hashflare.io/terms/ was crawled by the Wayback Machine, not how many times the site was actually updated." That means that our TOS were not changed on October 1st, as you have claimed.

Why you can't reduce maintenance and electricity fees? Is it even possible?

At the moment, we cannot lower maintenance and electricity fees, as the majority of hashpower is supplied by our partners, we cannot directly influence the electricity price. The conditions that we offer our clients are mirror images of the conditions imposed by our suppliers and partners.

[etherbert]

True, telling hashflare to make BTC higher has no point as well as my advice is to read ToS before you invest

True, I see no point in complaining or smth as any company can't change the situation

Why hold contracts is possible? While you change the duration of contracts from lifetime to OME YEAR ONLY? And Your prices have often changed ($0.60 per 10 GH) reached up to ($2.4 per 10GH) with higher and lower rates of exchange Bitcoin to Dollar?

The change in contract duration was a necessary step - we were forced to change the contract terms due to the market changes outside of our control. There is a global shortage of hardware and the manufacturers have overflowing orders.

Changing prices for products (in this case - for contracts) is normal practice, which is determined by the acquisition of new equipment, demand, market situation etc. and is done by many companies.

Oh, everything is so complicated in cloud mining. Hope we gonna be rewarded for our patience.

[raz123]

look
archive Term of Service Page on 31 aug 2017
https://web.archive.org/web/20170831110828/https://hashflare.io/terms/

5.2. The Contract Term for HashFlare.io Cloud Machines is unlimited by default, unless stated otherwise. The Contract is valid while profitable, until expired or until terminated (refer to section 13), whichever comes first.

on 1 oct 2018 they change it

https://web.archive.org/web/20181001235917/https://hashflare.io/terms/

5.2. The Contract Term for HashFlare.io Cloud Machines is set to 1 year by default, unless stated otherwise. The Contract is valid while profitable (refer to section 5.5.), until expired or until terminated (refer to section 13), whichever comes first.

Our TOS were last changed on June 5th and users were notified of these changes via newsletter and on our official Telegram news channel.

As for the information presented on Wayback Machine, you can find the following disclaimer at the bottom of their page: "This calendar view maps the number of times https://hashflare.io/terms/ was crawled by the Wayback Machine, not how many times the site was actually updated." That means that our TOS were not changed on October 1st, as you have claimed.

Why you can't reduce maintenance and electricity fees? Is it even possible?

At the moment, we cannot lower maintenance and electricity fees, as the majority of hashpower is supplied by our partners, we cannot directly influence the electricity price. The conditions that we offer our clients are mirror images of the conditions imposed by our suppliers and partners.

Change suppliers and partners? It can be a solution, no?

I dont think its easy or even possible. All the more now, in difficult times.

[ioang]

Changing partners isn't that easy. And why? I think they all are pretty much the same. Btc is the boss here, no one else.

[HashFlare]

Our current partners have been with us for a very long time and at the moment, no one could offer anything better in terms of equipment or electrical power.

[nur121]

Our current partners have been with us for a very long time and at the moment, no one could offer anything better in terms of equipment or electrical power.

so no other option, only sit and wait btc?

[Zebulon Baldwin]

Do you have a billion to invest? Or can you invent a new currency w/ high and stable rate?

Our current partners have been with us for a very long time and at the moment, no one could offer anything better in terms of equipment or electrical power.

so no other option, only sit and wait btc?

[HashFlare]

Our current partners have been with us for a very long time and at the moment, no one could offer anything better in terms of equipment or electrical power.

so no other option, only sit and wait btc?

We are constantly looking for new ways to optimize our equipment in the current conditions. Please follow our social media for important news and updates.

[ioang]

Our current partners have been with us for a very long time and at the moment, no one could offer anything better in terms of equipment or electrical power.

so no other option, only sit and wait btc?

We are constantly looking for new ways to optimize our equipment in the current conditions. Please follow our social media for important news and updates.

OK, hope you'll find the way out. I'd like to have a chance to use my contracts again.