Post
Topic
Board Service Discussion
Re: HashFlare appears to be a Scam
by
Drixy
on 29/12/2017, 03:04:59 UTC
Hi,

Just wanted you guys to share my thoughts while requesting your experiences and opinions with HashFlare.

For starters, I invested a rather small amount in February 2016.
Initially I tried to reinvest and withdraw some BTC, all successful, so it looked very reliable and hence I continued and invested some more.
However, month after month the gains went down much faster than predicted, and it soon became clear that keeping bitcoin in a wallet would be a better plan over risking it on Hashflare.
However, as bitcoin was on a very promising slope up this did not bother to me. Even loosing some is not a big deal.

What became a bigger deal is that Hashflare does not enable me to change a BTC wallet address!
I was able to remove the old address (which I used with armory) but entering a new address in my account settings failed time after time.
Support states that I should get a mail confirming my profile change, but my (personal) mail server logs make perfectly clear that none such mail was ever sent.
I DO receive their support mails (from the same domain) stating that a mail was sent, but they can not provide log file data about settings mails that are sent.

In short, on top of the payment problems they share on their site, several other barriers are put up as to NOT ALLOW you to retrieve your investments.
It has been said before that this mining company could be a Ponzi scheme.
My experiences might prove this right.

Please share your thoughts on this.
This topic might be wrongly placed in Service announcements, but mainly this is about the Hashflare service and the way support is handled by them.

Regards,
Carl

If you smell something fishy about something appears to be sketchy and so vague sometimes might be better avoid it while you just started it to lessen the risks. Nice to put up a thread and make a warning towards the newbie users and great for the community. But should you have some evidence?
 before judging it.