Hashflare has temporarily changed the withdrawal policy to require a minimum withdrawal of BTC0.2. That sucks. You can see the policy here:
. Looks like I'll be waiting for either Hashflare to change their policy or a couple months until I have BTC0.2. Interestingly, I feel less worried about this policy than I have previously about other moves by Hashflare. But stay tuned and I'll let you know how it turns out.
. Looks like I'll be waiting for either Hashflare to change their policy or a couple months until I have BTC0.2. Interestingly, I feel less worried about this policy than I have previously about other moves by Hashflare. But stay tuned and I'll let you know how it turns out.Hashflare is apparently almost out of available hashrate. The price recently went up 47%.
On December 8th, Bitmain was selling the Antminer S9 for $1,415.
Bitmain is now selling it for $2,725 and shipping it in February. That's a 93% increase and they won't ship it for two months.
I've seen this before...people get crazy over Bitcoin mining for a while, then reality sets in. They see radical price and difficulty increases, then finally quit.
On December 8th, Bitmain was selling the Antminer S9 for $1,415.
Bitmain is now selling it for $2,725 and shipping it in February. That's a 93% increase and they won't ship it for two months.
I've seen this before...people get crazy over Bitcoin mining for a while, then reality sets in. They see radical price and difficulty increases, then finally quit.
At least we have mghaynes to prove whether Hashflare really pays their customers or keep waiting for more funds deposited to their wallet to be able to pay early investors. But hashflare has raised the hashrate price, too shady for me as the demand increases but doesn't mean they can just raise it.
BTC0.2 as the minimum amount to withdraw just does not make sense at all, why set it so high, unless they don't have bitcoin to be distributed.
Too many problems to consider before investing in cloud mining as you have no control over mining activities.