Post
Topic
Board Service Discussion
Re: Cloud Mining Journey (with Hashflare)
by
mghaynes
on 17/12/2017, 23:40:52 UTC

DAY 13
I haven't posted for a couple days. I've been a little busy. Apart from life, I've been trying to find actual miners to purchase. Too make a long story short, Litecoin and Bitcoin miners are just all overpriced right now. I feel like when difficulty increases or price decreases, a lot of people will realize they seriously overpaid. Ironically, you can get Dash miners for less than original cost, so I actually purchased a new Bitmain D3 with APW3++ on eBay for $1000. Set it up in my garage and it has been running for a couple days with some minor issues. Gotta admit, it's a lot less stressful then cloud mining since daily payouts go direct to my wallet.

Anyway, back to Hashflare....daily payouts have remained fairly constant at around 0.003 per day. I now have BTC0.032, but I still can't withdraw. First, because of the two week hold on credit card accounts. Second because Hashflare has stopped all payouts. Getting a payout is the last major hurdle to cross before I will feel comfortable with Hashflare. UPDATE: Just noticed that Hashflare plans to restore withdrawals on 12/18 (that's tomorrow). So, in a few days, I'll be able to test out the withdrawal process and let you know if it worked.

Also, by now you all know, the drama over the domain name is ended. Hashflare renewed their domain for another year as I expected they would.

Honestly, I'm starting to feel these guys are less a scam and more just a poorly run company.