Still not clear if reinvestment amount will be considered as a new contract purchase which will last one year. Can anyone please clarify this?
Yes, every reinvestment is a contract of its own and will last about 365 days.
I do not know this by experience, I read about somewhere else plus. Also I applied logic. Since the initial purchase is limited to a year also every purchase per reinvest must be limited to one year.
Also there is this calculator I linked below.
https://whatsmyip.com/hashflareYou can set your initial investment and the hashrate you got.
I'm one of the people who tried first buying a little hashrate, then deciding several days later it is worth buying a decent amount of hashrate.
The second purchase is stil pending. I recon the 14 days you have to wait for withdraw, after registering or setting/changing wallet adress also counts for purchases.
It is nowhere clearly stated but many people who make their first purchase are getting through. And I am sitting here and presumably waiting for the 14 days period to end so my second purchase can start.
Wrote a ticket and the stated time that I have to be patient for an answer is after christmas eve.
Since I trust HF (do I have even a choice after making payment in BTC?) I planned to reinvest for about 4 to 6 months. Withdraving BTC to a trusted wallet when I can get initial investment plus 10%.
The rest I'd just let sit there for the cummulative contracts to end and then decide wether I should reinvest.
I like this calculator, so probably do some reinvestment is good... I don't think that reinvest all your balance it's the best choice, because it's too risk ... in some case I try to put new money to buy hashpower.