Quote from: timerland on March 03, 2018, 03:48:52 AM

Quote from: BTCforJoe on March 03, 2018, 12:19:35 AM

Quote from: timerland on March 02, 2018, 10:24:04 PM

Quote from: kornelia-- on March 02, 2018, 12:41:38 PM

Hi guys ! I have several rigs also I have HashFlare contact with only 5 TH/s with SHA256
I wanna know your oppinion about to to see In the future it might worth to reinvest to my contract witch will be end of December this year. Im try to to say to compare and see all consequences in the future(I have 9 month left). (Not bct are bubble ,nothing like this) but if btc gonna be stay constantly between 10K -11K for several month or a year it will be worth to me DO NOT reinvest just take my bcc out.
Somebody has a REALISTIC again REALISTIC hope or prediction what to do ??

Didn't you see what hashflare did to their users? Literally robbed them of their cloud mining contract, lifetime to 1 year, and minimum withdrawal is so high that you're probably not going to get your ROI withdrawn even if you do make it back.

Unless you are 100% sure that you will be able to turn a profit, I would suggest not to reinvest. Get your money, and stop using hashflare. The problem is that their management seems to be perfectly okay with manipulating their user contracts into essentially making less money than promised.

If you want to speculate on coins, then just do that. We are not sure whether hashflare is actually mining or not, even if we are there is no way of determining that they have 100% backing of the contracts.

I was going to say the same thing until I read your post.

I've been reinvesting my earnings at HashFlare for a couple of years now, and once I received the email that our lifetime contracts were now limited to 1-year contracts, I stopped reinvesting and decided to let my newly-created 1-year contracts play out. Once the last of the contracts expires, I'll be withdrawing my earnings and getting the fuck out of HF. Not only did they make contract changes, they raised the minimum limit of withdrawal multiple times. They did provide email updates regarding all the changes, and are pretty professionally operated, but I just do not feel comfortable with the company any longer.

I've received emails from several of my referrals to HF claiming that their contracts will expire before they hit the minimum withdrawal limit... If I'm receiving this many emails, I'm wondering how many users in total are affected by this, and how much crypto that HF is pocketing from this. I would think that the fairest thing to do is to let users withdraw their final balance once their latest active contracts expire. While 0.005BTC may not seem like a lot to many, it's still $55USD (at the time of this post).

It's the little changes like this that put me over the edge; I was already skeptical about this company when I purchased my contracts... Now, even more so.

Thanks for the reply. I am clearly not making up BS here. There is a reason why I always warn people against cloud mining in general and hashflare cloud mining in particular. You never know what their next move is.

It's not even a fair game, they have every right to change your contract, you have no rights to argue with them. If they decide that they want to reduce payouts for a period of time as they accumulate money to actually pay off previous investors due to liquidity issues arising from not actually mining, you have nothing you can do to prove that they are doing this on purpose, nor can you argue with the change.

The minimum withdrawal amount has been raised to 0.2+ BTC before IIRC, and currently is 0.05 BTC instead of the 0.005 BTC you gave: https://hashflare.zendesk.com/hc/en-us/articles/207973869-How-to-make-a-withdrawal-, unless this article is outdated. Bottom line is that you should do your own research, see what happened with their multiple raises in min withdrawal before you actually reinvest any sums, because you'd be in that contract for at least a few hundred days with no way out.

This is the hard thing among with these kind of cloud mining investments even how reputable and how long they are operational and i agree on the things you do have said.They do have the full control or manipulation as they like and as an investor you wont really have any choice but to follow on whats being said if you dont like to experience such problems with them.For those early investor back in the past with HF i do believe they are already on profits and since difficulty rise up they make such changes and for those who came in too late will really feel the difference when it comes to profit talks.