Post
Topic
Board Service Discussion
Re: Hashflare mining is not giving payouts anymore?
by
Scarlett07
on 01/09/2018, 00:45:34 UTC
but now I see still not generating any results for days. According to their rules contracts should be ended an balances should be paid.

I made a post right now asking myself why they stopped posting on twitter and now I understand the reason, these guys are having serious financial problems and probably will close their cloud mining, I say that because they have been doing a lot of promotions in the last months and increased the minimum value of withdrawals. it seemed that they were doing this to have new investors and at the same time prevented investors from being able to withdraw their money. doing this they wanted to accumulate enough balance to be able to make payments for a while, but the decline of the bitcoin price came to destroy his plans. This is my theory, I have no evidence.

sad to see that a legit company (and I still believe the were before the crash) turns into a scam because obviously they start to run out of money :-(

is very sad


They've posted a big article earlier today answering all questions. Basically they are saying that they have been operating on the same conditions without any changes to the contracts. But with the current BTC price and difficulty, mining still remains unprofitable. So cryptocurrency continues to be mined but in the conditions of mining unprofitability.