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Re: Bitcoin Cloud Mining with HashFlare
by
crazyivan
on 01/02/2016, 07:46:11 UTC
Hi guys,

I'm a newbie into bitcoin mining, but yesterday I thought that was a good idea to invest into cloud mining.
I bought 1 TH/s from HashFlare for 330$. Today I saw the payment history looking like this :


Entry   Time   Amount (BTC)   Balance (BTC)
SHA-256 payout   31.01.16 00:14   0.0043489   0.0043489
SHA-256 maintenance fee   31.01.16 00:14   0.00262628   0.00172262

After 1 day of mining I receive 0.00172262 Bitcoins. ~ 0.65$ at 376.57$ priced today. In this condition I can recover my money in ~ 507 days . Considering that difficulty is growing fast I can't even recover my money unless BTC/USD will be better. I sent an email to HashFlare to  cancel my order and return my money. I hope everything will be ok.

I will announce you how they treat people in this situation.

How long have you been reading and analyzing stuff before you decided to invest? 20 sec? People simply have no patience to read about stuff in this great economy. If you wanted hashflate, why didnt you go with scrypt contracts, much faster ROI. I guess that required some reading too.