Quote from: BTCforJoe on March 30, 2016, 03:41:45 AM

Quote from: GeorgeAurea on March 30, 2016, 02:28:30 AM

Quote from: jadefalke on March 12, 2016, 09:47:00 PM

Quote from: CCV.IO on March 11, 2016, 06:15:24 PM

Quote from: jadefalke on March 11, 2016, 05:07:11 PM

btw. just as a Reminder, hashflare is since month not able to prove that they are really mining, therefore it should be considerd as PONZI/HYIP.

Well that's a silly conclusion. It's not uncommon for cloud mining companies to subcontract hashrates... Almost every company does it, so based on your assumption, should we conclude that all other cloud mining companies are fraudulent?

For your own info: hashflare were up and running even before you discovered Bitcoin Wink

that is total Bullshit, if they are mining they can show it, if not it is HyIP/Ponzi end of story.

Hashflare is not legit, and it's provable;
when you have SHA-256 hashes, just set them 100% on any pool they offer, and simply compare them to the statistics of that pool.

Example:
- Target your SHA-256 hashes 100% towards Antpool
- Compare the Hashlfare daily revenue statistics with daily Antpool Statistics (scroll down to the bottom)

...
Roll Eyes

Damn. This just put shit into perspective for me. Kind of wish I would have read something like this before I bought my hashrate from hashflare...

@GeorgeAurea, how do you feel about Genesis Mining?

Does this answer your question? Nice articles on the site aswell

https://bitcoinmagazine.com/articles/exclusive-possible-500000-bitcoin-cloud-mining-ponzi-scheme-uncovered-1433546738

EDIT: It's even fun that now I've looked at it twice, the pictures genesis-mining provides look fake (photoshopped) or is that just me?