Are you considering getting into the cloud mining game by joining Hashflare? Are you already an existing customer? Are you interested to know if this is a legit or scam company? If so, you may want to read our extensive Hashflare review. During this review, we will explore everything you need to know about this cloud mining service, where it stands as of now and if you can trust them or not.
What is Hashflare?
HashFlare is an online site, launched in the beginning of 2015, offering a range of cloud mining services. They are a division of another company called HashCoins, which was founded in 2013. Cloud mining is the process of mining cryptocurrencies via a remote data center, using shared processing power. This type of mining allows users to mine Bitcoin and other various cryptocurrencies without having to purchase, own or manage any hardware or software. Hashflare’s professed goal is to make mining accessible to all users regardless of age, location, investment or experience.
Like many other cloud mining services, HashFlare offers features such as hashrate allocation to pools, once every 24 hours a user is able to select up to three pools as well as what percentage of hashrate to use in their selected pools. They also offer lifetime contracts in which the purchased hashrate does not expire, 24/7 tech support, a functional control panel that displays the users statistics, revenue and its forecast, as well as a referral program in which the user can receive additional funds (10% of referred users purchase) from inviting new users to the Hashflare service.
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HashFlare Pricing
HashFlare claims to have fixed prices, with no hidden fees or commissions. They have various cloud options for members to choose from. These cloud options are listed below.
SCRYPT CLOUD MINING – $11.50 per 1 MH/s
- SCRYPT Algorithm Miner
- Minimum Hashrate: 1 MH/s
- Maintenance Fee: 0.01 $ / 1 MH/s / 24h
- Hardware: HashCoins SCRYPT
- Automatic Pay-out in BTC
- In Stock
- 1 year contract
SHA-256 CLOUD MINING – $2.40 per 10 GH/s
- SHA-256 Algorithm Miner
- Minimum Hashrate: 10 GH/s
- Maintenance Fee: 0.0035 $ / 10 GH/s / 24h
- Hardware: HashCoins SHA-256
- Automatic Pay-out in BTC
- In Stock
- 1 year contract
ETHEREUM CLOUD MINING – $2.20 per 100KH/s
- ETHASH Algorithm Miner
- Minimum Hashrate: 100 KH/s
- Maintenance Fee: None
- Hardware: GPU Rigs
- Automatic Pay-out in ETH
- In Stock
- 1 year contract
ZCASH CLOUD MINING – $2.00 per 0.1 H/s
- EQUIHASH Algorithm Miner
- Minimum Hashrate: 0.1 H/s
- Maintenance Fee: None
- Hardware: GPU Rigs
- Automatic Pay-out in ZEC
- Out of Stock
- 1 year contract
DASH CLOUD MINING – $5.80 per 1 MH/s
- X11 Algorithm Miner
- Minimum Hashrate: 1 MH/s
- Maintenance Fee: None
- Hardware: Multi-Factor
- Automatic Pay-out in DASH
- In Stock
- 1 year contract
Why HashFlare’s Reputation is Plummeting
Contract Changes
Although HashFlare may have started out as a decent company with good intentions, it seems as though their decisions and actions of late have sent them on a permanent downward spiral. While conducting some investigative research for this unbiased HashFlare.io review, the amount of negative reviews and feedback we came across from actual members was truly astounding. Let us begin by looking at the current most prominent complaint found online from HashFlare users.
You may recall reading earlier on in our review that one of HashFlare’s features was offering lifetime contracts, as stated on their “About Us” page under “company.” Did you notice any lifetime contracts in any of the above listed cloud options they offer? Well, there is reason for this discrepancy. Recently HashFlare took the decision to not only cease offering these, but also to terminate existing lifetime contracts and convert them over to the current offering of one year.
This decision has led to outrage among users. After having read pages of complaints from irate customers in various cryptocurrency forums regarding the sudden change, it seems as though this has led to HashFlare losing many existing users as well as potential new customers. Some users threatened legal action, while others simply stated that they had been scammed and were no longer happy with their changed contracts or with Hashflare in general. It may be interesting to note that at the time of shortening the contracts, they also doubled their price. That is very unethical of them.
Scam Accusations
If you do some proper due diligence, you will come across multiple scam accusations against HashFlare. Some of these are truly disturbing to say the least. There are actually far too many to mention them all in this review, however we will go over the most concerning ones we came across.
The first accusation is that HashFlare does not do any mining at all and is simply another Ponzi scheme. One member posted saying in order to prove this, all a user has to do is look at Hashflare’s daily graph that shows their revenue as per 1Th/s. A user can point their hashes 100% towards Antpool and then look at the graph. They will notice that HashFlare’s graph is inconsistent with Antpool’s graph. This could mean any number of things. 1) On Antpool’s unlucky days, Hashflare is not affected and somehow has more revenues on that day. 2) On Antpool’s lucky days, Hashflare is not affected again and somehow misses the extra revenues 3) If the graphs are continuously inconsistent then one of them likely has a permanently faulty database. Also, HashFlare offers commission on newly referred members, this is often indicative of a Ponzi Scheme.
Another issue in regards to whether or not HashFlare does in fact do any actual mining is the lack of proof thereof. Some users claim they are legit due to the pictures they post on their Instagram account. However, can that really be considered hard evidence? Pictures showing some racks filled with a limited amount of GPU’s and two men working with or installing them fails to provide one important aspect, and that is proof of ownership.
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Unable to Reach ROI
Another concern is the fact that many users complain of not being able to reach their expected ROI due to the high maintenance and withdrawal costs associated with HashFlare. Yes, they apparently have a low entry cost, however, profit with cloud mining in general is typically very small and takes a long time, especially if you take into consideration the ever increasing difficulty in block mining. If you cannot cover all the fees involved you end up at a loss, unable to recover your initial investment and your account will be terminated. There is also no guarantee as to how long the company will remain afloat.
Look at the recent HashOcean’s saga, they were one of the biggest cloud mining sites around for about 2 years and were paying out their members ROI’s for a short period. Two years later the company went under with no pre-warning and many people lost a lot of money.
The next issue is the fact that the company HashCoins, that HashFlare is a division of, has also been labelled a scam by a lot of people. The main complaint against HashCoins is that they have never delivered any of the hardware they supposedly sell. Customers pay upfront but the shipment never arrives. In the first half of 2016, they were taking pre-orders for the Uranus vapourware but when all their customers started to make it known publicly that they were not delivering, they offered them compensation in the form of a cloud mining contract via HashFlare. To this day, many believe this was just a ploy to help HashFlare gain more customers. Today, HashCoins has been blacklisted as a scam on multiple websites and forums. The majority of positive reviews and comments found had referral links in them & those are obviously biased as those people are trying to earn commissions.
Popularity
HashFlare is a highly popular website. At the time of posting this review (20 September, 2017), their Alexa global rank was 2,557. Most of their traffic seems to originate in Russia and Ukraine, but significant numbers also come from Brazil, United States, India and Germany. According to SimilarWeb, more than 30% of their traffic arrives from referrals, mostly from mellowads.com, coinbux.club, and thepiratebay.org.
They are also advertised via email campaigns. We received a newsletter recommending them, and several other scams, such as Genesis Mining and BitClubNetwork, from bitcoincloudmining.org.
HashFlare.io Review Conclusion – Not Advisable to Invest With Them
After having spent many hours researching all available information on HashFlare, we have to conclude that the scale is falling more on the negative side of things than the positive. We could go on and on about how the CEO Sergei Potapenko is connected to various other blacklisted services such as HashCoins, Polybius & Emercoin, all of which have nearly identical team members on their sites and who actively link to, advertise and promote each other.
In addition, countless other complaints against Hashflare such as the support team not replying to any users emails or denying they have received certain payments. They have even been caught using fake reviews on their site (see image below), but if we did that this would end up being a never ending review which would take days to read. I hope that I have given you plenty of food for thought so far in our detailed HashFlare.io review, enough to help you reach a safe decision.
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There are some who claim HashFlare.io to be legit but there are many more who claim they are a scam. Understand that we have no dog in this ongoing fight, we simply wish for you to have all the available information in order to make an informed decision. Regardless of whether or not they are legit, cloud mining is actually not such a great investment these days. The profit is extremely small, takes an exceptionally long time and the majority of cloud mining sites turn out to be scams or Ponzi schemes. At the end of the day, you are taking a huge risk for a small return. It is just not worth it.
Review Verdict: HashFlare is a SCAM!
Blacklisted Site: hashflare.io
For legitimate alternatives, feel free to visit our Cryptocurrencies Day Trading Center.
You need more proof of the scam? Buy a hashrate before end of the day, an hour later u get 1 day worth of mining payment, while u have been mining for less than 1 hour. Example – in 1 hour of mining on your first day of contract, you will get paid approx 0.0004 btc for 2.5TH contract. That amount u will get if u have been mining 24hrs not 1 hour. But they want to keep u happy…until they dont care anymore. You are subsidising their hardware, they make money, u break even. Who is the fool here?
It is a ponzi scheme. It requires new investors to pay for the old ones, and hence the termination of contracts and the changes. Terminate legal contract without compensations – SCAM.
This isn’t a PONZI scheme, it’s something else.
A PONZI scheme requires that new investors pay dividends to older investors, and the entire system breaks down when there aren’t enough new investors to sustain the old investors. PONZI scheme architects are confidence builders and they will do or say anything to convince you to invest. Everything collapses when investors lose confidence and stop buying into the scheme. Hashflare is obviously not building confidence, so what are they doing if this isn’t a PONZI scheme?
Hashflare is building a mining operation for themselves.
Think about this from Hashflare’s perspective. If you buy the equipment, I’ll host it and set everything up, and we will share the profits. You’ll get a great return on your investment for one year. Once that year is up though, I own everything and I get all of the profits from that point forward.
That’s a sweet deal for Hashflare. I’m sure they are setting up this arrangement with as many people as they can. I’m sure they are going to make a lot of money.
In fairness, customers are going to make good money also. A one year ROI of 15% to 20% is considered high. Hashflare customers are seeing an ROI of 100% to 150% in that time period. That seems like a pretty good deal. Yes, I am a Hashflare customer. And yes, I am experiencing this ROI.
Also in fairness, yes, I am sorely disappointed they changed their contracts, including ones I had already purchased. They didn’t do anything illegal though, because the old contract did allow them to make whatever changes to the contract they wanted.
I would be extremely happy if brought back unlimited contracts and restored my existing contracts to unlimited. After all, I want to make a lot of money. I can’t blame them for what they are doing though. It just means that I have to buy unlimited contracts elsewhere.
What you are saying may be correct, but I don’t see support for it in the data I have. An Antminer S9 (popular, cost effective bitcoin mining server) costs about $1,900 delivered on ltdmining.com and does 14TH/s. Buying 14TH/s capacity for 1 year on Hashflare costs $2,100. If your theory is correct, I think that their hardware costs for 13.5TH/s must be about 50% of US retail. A kWh in Estonia currently costs about $.15, so if you look at a fair cost breakdown with those numbers (coinwarz.com/calculators/bitcoin-mining-calculator/?h=14000.00&p=1375.00&pc=0.15&pf=0.20&d=1590896927258.08000000&r=12.50000000&er=17256.01000000&hc=1900.00) yo can see that there is a lot of room for them to raise prices, which I suspect they will do. I wouldn’t be surprised if they are currently pouring capital into expansion – hardware, facilities, etc. Once they have that new surge in capacity online they’ll increase prices to maximize their returns from the crypto boom that we’re experiencing. I would also guess that they are keeping prices where they are today to build demand and draw in more capital that they can use to fund expansion. I’m not sure how their user contracts look, but it seems to me that they could be anticipating revenue from those investments to cover withdrawals once they are able to start processing them. I wouldn’t guess that there is any malice here, necessarily. I would rather think that they are just being very aggressive with their business at the moment. Marketing and AR/PR don’t seem to be where they are making major investments right now. If they are smart, that will be what they funnel the increased revenue from the price increase.
Of course all of this is completely idle speculation and I have no information about any of this other than what I referenced here. I’m just thinking about how I’ve seen these things go with other similar companies I’ve invested in in the past.
Hi Michael,
Sorry for the slow response, but I really like your thoughtful comment. Everything you’re saying makes perfect sense, I completely agree with you. Have you invested in hardware or just cloud-based mining?
-Ed
Yup. Something is fishy… Depletion rates over 20% each month. Once I went in large my return per TH dropped massively. Fee % increases when bitcoin price goes down. Fees over 30%. If you invest in this company you will NEVER breakeven…
Below from their website today, min withdrawal raised quite high for some bogus reason. Constantly see messages about delays on sending bitcoin, etc:
Update 08.11.2017 13:15:00 UTC:
Withdrawals are enabled, however, the minimum withdrawal amounts have been temporarily increased for monitoring purposes. We estimate this to be reverted within the next few days.
The temporary amounts are currently:
Bitcoin: 0.1 BTC
Ethereum: 2.5 ETH
Dash: 1.5 DASH
ZEC: 1.5 ZEC
Thank you for choosing HashFlare!
oh, I found PROOF that they are running a scam! I compared the minimums that I am getting to that of my associates, and to the terms in their own help pages.
Firstly, let’s take a look at the mining reward between two different customers of theirs per 1 TH/s SHA:
This is mine: drive.google.com/open?id=1nMcs19-6P5KtUM-LoKO5BHwQaesFMC9_
This is hers: drive.google.com/open?id=16LMhgPIYkcdj7XjImdZQo2_FVXy9oJj-
Both of us had the exact same pool distribution, but through each day there was variance in earnings. If they were running all hardware as a cloud pool, and then taking percentages onto another mining pool according to user preference, this variation shouldn’t exist. Alongside the fact that the earnings they report here do not coincide with what is displayed in the mining pool records and it’s fairly obvious that different customers get different hashrate, which goes along with the observations many have had that complaining results in a dramatic loss of hashrate. If this were a ponzi scheme they would be more interested in keeping those with more to invest happier, and in our scenario the customer who invested the most has the highest hashrate per TH, meaning more overall profitability.
Now, let’s look at minimum withdrawals. This is their minimum withdrawal policy:
drive.google.com/open?id=15ZR05W_949fPJR12_wNOHp1kR0UfZSNX
However, a “system message” indicating a “temporary problem” significantly raised this. In my case, in my case, it’s now 0.2 BTC minimum as you can see here:
drive.google.com/open?id=1FpKs4mB143omRHo9GIAc13V34VgS1M2w
Which, given how much I am getting from my no longer unlimited contract means that I will NEVER get paid ANYTHING more IF they stick to this. In her case, her minimum is now 0.1 BTC, but she invested twice as much as I did so she’ll be able to cash out in, maybe, 3 months.
drive.google.com/open?id=1tkN9r0EE7bZ_0K45bt1oBMDPY0F41r6x
Even if they do backpedal on this, it shows very clearly that system messages are not site wide. Their system targets individual customers to give completely different messages based on how much they invested and how recently. This means a new customer might actually have no problems withdrawing and see high returns – for a while – but an older customer who has not given them money in a while will see returns dwindle as minimums and fees skyrocket.
Naturally, I cropped the names out of each record because I fully expect them to hit our accounts if I didn’t. Looking at fees I am similarly seeing a contradiction, but I can’t show that without identifying the accounts in question.
In any case, having been a victim of a Ponzi scheme before, I can say now with absolutely certainty that this is one. There is no other explanation for this level of variation between even 2 accounts.
Hi Elliander, it’s now a month later and I was wondering how your situation has developed.. Did they change the minimum withdrawal amount already?
Also I compared the charts and it actually looks like you and your friend had the exact same return rate day to day (it’s a bit hard to tell because yours starts on the 2nd and hers on the 3rd). I do agree that’s it’s really weird that the minimum withdrawals were different for you and your friend…
Wishing you the best of luck!
The minimum withdrawal amount on Hashflare is now 0.0107 BTC. I think it was only .2 BTC for a few days.
Elliander, could you update your mining reward comparison to look at earnings from both accounts on the same date? Right now it is showing data from 1-11-17 and 2-11-17, and I would not expect the earnings to be the same since mining performance fluctuates daily.
Elliander, would it help ease your concerns if I told you that the fees you’re referring to don’t go to Hashflare?
Bitcoin (not Hashflare) requires a fee, a commission paid to miners for processing the transaction, every time you move money from one wallet to another, like moving your money from Hashflare to Coinbase. Hashflare just simplifies the process for people who don’t know how much to put for commissions by setting it automatically to 0.0007 BTC.
Would it also help ease your concerns knowing that costs are reduced when setting a flat commission and minimum withdrawal amount? The highest fee you will pay is 6.54% of the transaction when the mining commission is 0.0007 BTC and the minimum withdrawal amount is 0.0107 BTC.
(0.0007 / 0.0107) * 100 = 6.54%
Increasing the commission or reducing the minimum withdrawal amount just increases the percentage of fees being paid on the transaction. I’ll give two examples.
Example 1: increasing the commission to 0.01 BTC increases the fee to 94% of the transaction.
(0.01 / 0.0107) * 100 = 94%
Example 2: decreasing the minimum withdrawal amount to 0.0009 BTC increases the fee to 77.77% of the transaction.
(0.0007 / 0.0009) * 100 = 77.77%
Elliander, while Hashflare sets an automatic commission of 0.0007 BTC, some sites allow you to specify whatever you want for the mining commission. This allows you to increase the priority of your transaction in the Bitcoin Mempool and move your money more quickly from one wallet to another. Sometimes I wish Hashflare would let me pay for commissions, because the Mempool has been getting large lately with the popularity of Bitcoin rising so quickly, but I also appreciate how they are helping me keep costs down.
I also had bad timing. Back when Bitcoincloudservices was still around I had a long term “profitable ” experience, then decided to invest a larger amount than usual because the wiring in my house made it difficult to continuously run physical miners and the ROI seems fair. That was in the thousands, and I invested so much at once that I literally depended on a week or two of at least half value payments to make ends meet. I got a total of 3 days of payments, then nothing. Then they ran with everything. I ended up providing all information I could to law enforcement in the uk, which wasn’t easy since I’m in America.
I only decided to give hashflare.io a chance because their parent company produced hardware which increased my confidence. Additionally, I figured that even if it was a Ponzi scheme, it was early enough in operation to be reasonably safe. Still, I was more cautious. I invested a large amount up-front, but then did not invest anything more out of pocket. Instead, I did a mix of reinvestment from earnings and cashing out, so I technically made a profit here, and continued to make a good profit for a good 2 years. Quite a good one, actually, but that’s more a credit to Bitcoin itself. Right now? Well, with their new minimums it will take me nearly 3 months to cash out anything more – assuming they continue to exist at all – not to mention an actual impossibility to invest anything less than that at the tail end of the “unlimited” contract that expires in August of next week – assuming they don’t change the terms on that again.
Had I never invested in any cloud mining company and invested in Bitcoin itself I’d be a millionaire right now. That’s just how bad it is. Even if I just took a few thousand to upgrade the wiring in my house, and buy a battery backup, then run miners all on my own I’d have seen more gains that I’d have full permanent control over.
I will never “invest” in a cloud mining operation ever again. Even if I had physical proof of real hardware I’d have no way of knowing if that’s being used for me or not. For example, maybe a company running a Ponzi scheme buys miners for it’s own long term interests to both act as a buffer for when the scam is starting to fail (as they all eventually do) and because REAL mining is ACTUALLY profitable, but then pocketing the profits. Then there’s always the possibility the company will fail for other reasons taking the money with them.
Oh, it gets even worse. The main warning signs of a ponzi scheme about to run with the money is a delay in making payments followed by an increase in the minimum payment that can be made. Well, now it takes 2 to 3 days to withdrawal, which they blame on a third party. That’s what Bitcoincloudsergices did before they stole some $15k min investments from me and more from my associates before ROI could be reached. Now there is a minimum withdrawal of a tenth of a Bitcoin, which means some people will have to wait months and others will NEVER get paid. For anyone making a new investment? Well, even if the Bitcoin price continues to rise to a level that would be profitable, unless you invest a minimum of $800 you will never see a penny of that because you will never earn enough Bitcoin to cash out.
Even if by some miracle they are not running a Ponzi scheme, and just made multiple bad business choices, the situation still is not good. You literally can’t withdrawal and even if you could the lawsuits would bleed them dry.
After depositing money you cannot login to hashflare ever again. Oh, snap! Please make sure that Java Script is enabled and disable any ad blockers
Thank you for this detailed review.
I like especially the background that you have shown so it is easy to understand why you were coming to this conclusion.
I was also reviewing about 200 scam reports that were published by many different Scam monitors. So it is always the same scheme the defrauding companies use. And mostly it were PONZI schemes that collapsed after some time or will collapse 100% for sure.
Until now I never found a company that was operating with faked staff and faked testimonials not being a scam.
We have to understand that bad people are producing bad companies with bad concepts. Only with the attitude to make money by cheating their customers and affiliates. Mostly the things they suppose to perform / to possess / to claim are nothing but a bluff. The customers and affiliates in the end were paying for their profit with their hard-earned money when the company suddenly got closed. I lost 3 times money within 1 week. The one company was closed during 16 hours after my money transfer. Wrong timing.
When I’m watching the companies I many times ask myself where are their proofs? Do they have a quarterly or an annual report? If they are a successful company they will be more than proud to provide proofs of their success. But the most companies will not show you any proof so for me they have already the shade of a scam.
Thank you again for your review. I’m really learning more every day.
Best regards
Ingo
hashflare is not a scam
It doesn’t even matter at this point if they are running a ponzi scheme or not. They illegally changed contracts meaning they are open to lawsuits which harms their future outlook and the minimum withdrawal amount is so high that most customers will never get paid back even if it is somehow profitable. They arbitrarily change everything from contracts to fees to minimums. If the stock market did that heads would roll.
Manipulted payouts by hashflare.io from 1st Feb, 2018
=====================================================
per 1 TH/s payouts KISSING ZEROs each passing day, for 16 May 2018 its 0.00006315. Even Out of this meagre amount they manipulate 66% in maintenance deductions. Hashflare.io dashboard shows my payout as petty 19.61 USD for 38 TH/s hashing power, I actually got 7 USD today.
Looks like they r about to abscond??
I purchased contracts @ 2.20 USD per 10GH/s. Now hashflare has no takers even for .60 or .80 USD per GH/s.
per 1 TH/s payouts reaching new LOWs everyday, for 8 May 2018 its 0.00005907, hashflare.io has fixed withdrawl limit to 0.05 BTC. Out of this 0.00005907 they manipulate 63% in deductions. Looks like they r about to abscond??
8 May 2018, hashflare.io dashboard shows my earnings 20.83 USD, I got net 7.70 USD. Instead of 35% maintenance they cheating by deducting whopping 63%.
2 May 2018, hashflare.io dashboard shows my earnings 23.15 USD, I got net 10 USD. Instead of 35% maintenance they cheating by deducting whopping 65%.
29 April 2018 I got net 0.00086421 BTC, your payout dashboard shows 0.00226779 BTC. So I got only 38% of payout, 62% payout is EATEN UP/ MANIPULATED by HASHFLARE.io. I DRAINED 7020 USD on hashflare.io as they promised 450% RoI. I will not invest single penny until I get that profit and returns.
EOBOT has doubled its 5 year contracts to protect its customers, hashflare is corrupt, greedy, manipulative, insensitive and working to make its customers BANKRUPT
Maintenance for 17Apr 2018 = 64.06% 1d revenue shown on dashboard for today is 24.47 USD. I got huge 8.62 USD NET after you deducted your LUXURY charges. SHAME on you cheap guys. Looks there were no takers for 30% discount at 1.20 per GH/s. I was trapped by you at hefty 2.20 per GH/s. Now 25% discount? even after 30% was discarded by your TRAPPED BANKRUPT CUSTOMERs?? This data will be the criteria for my future investments with Hashflare. Infact – This will be the criteria for each and every customer for future investments with Hashflare.
PAYOUT per TH/s
===============
14.01.18 0.00014967
24.01.18 0.00011318
On 14Jan2018 I had got 0.00014967 which fell to 0.00009427 on 31Jan2018. This is SHEER CHEATING.
Look at the recent PETTY MEAGRE payouts:
04.02.18 0.0001002
05.02.18 0.00010583
09.02.18 0.00008932
10.02.18 0.00009174
01.04.18 0.00006665
10.04.18 0.00006957
02.05.18 0.00006693
Pls see some examples of my maintenance charged since 2 Feb, its UTTER MANIPULATION, CHEAP TACTICS.
Maintenance for 2Feb 2018 = 37.15%
Maintenance for 6Feb 2018 = 45.37%
Maintenance for 9Feb 2018 = 49.10%
Maintenance for 26Feb 2018 = 44.04%
Maintenance for 8Mar 2018 = 47.19%
Maintenance for 10Mar 2018 = 50.00%
Maintenance for 11Mar 2018 = 52.56%
Maintenance for 15Mar 2018 = 58.85%
Maintenance for 16Mar 2018 = 58.67%
Maintenance for 27Mar 2018 = 64.41%
Maintenance for 29Mar 2018 = 64.80%
Maintenance for 30Mar 2018 = 73.85%
Maintenance for 31Mar 2018 = 69.68%
Maintenance for 1Apr 2018 = 74.57%
Maintenance for 2Apr 2018 = 75.44%
Maintenance for 5Apr 2018 = 78.51%
Maintenance for 8Apr 2018 = 70.48%
Maintenance for 15Apr 2018 = 57.70%
——————
My payout for April 14 0.00256317 BTC
Maintenance for the same day 0.00166872 BTC
so 0.00166872/0.00256317*100 = 65.10% is the maintenance fee. This is happening for months now?? Can you correct this or you have rsorted to cheap tactics. I have complained about falling payouts many times but no satisfactory / clear / justified reply received.
—————–
——————
My payout for April 13 0.0026989 BTC
Maintenance for the same day 0.00168192 BTC
so 0.00168192/0.0026989*100 = 62.32% is the maintenance fee. This is happening for months now?? Can you correct this or you have rsorted to cheap tactics. I have complained about falling payouts many times but no satisfactory / clear / justified reply received.
—————–
On 5th April, 2018 you r showing FAKE revenue forecast of 0.00248009 BTC = 17.01 USD
my actual payout of today is 0.01091058 BTC after maintenance fee, it becomes USD 5.00
u guys r becoming CHEAP FRAUDS?? Pls see comments on your reputation below :
After a steep 50% hike in contract fee, Hashflare payouts have fallen down VERY VERY SHARPLY more than 50% – SHEER LOOT and CHEATING on investors. 35% Maintenance Fee is FIXED, 220 USD per TH/s Contract Fee is FIXED, only this varies OHO NO DECLINES is PAYOUT.
Payout per TH/s on 14.01.18 was 0.00014967.
At new Fee 220 USD TH/s and Payouts of 0.00010491 per TH/s dated 3Feb2018, it needs 14.5 months to break even for a 12 month contract.
1st March Payouts of 0.00007758 per TH/s, everyone would be in losses not even recover the invested money.
Payouts reduced to almost ZERO after investing 7000USD. Hashflare.io maintenance fee is fixed, contract fee is fixed. Only thing what goes down is PAYOUT. 0.00006665 per TH/s as on 1 April 2018. You can’t even break even in many years for their 1 yr contract.
Just a few examples are mentioned below PETTY RETURNS PER TH/s:
PAYOUT per TH/s
===============
14.01.18 0.00014967
24.01.18 0.00011318
25.01.18 0.00012439
26.01.18 0.00011007
27.01.18 0.0000921
28.01.18 0.00009747
29.01.18 0.00009798
30.01.18 0.00010277
31.01.18 0.00009427
On 14Jan2018 I had got 0.00014967 which has fallen to 0.00009427 on 31Jan2018. This is SHEER CHEATING.
Look at the recent PETTY MEAGRE payouts:
04.02.18 0.0001002
05.02.18 0.00010583
06.02.18 0.0001097
07.02.18 0.00010777
08.02.18 0.00009962
09.02.18 0.00008932
10.02.18 0.00009174
01.04.18 0.00006665
10.04.18 0.00006957
02.05.2018 0.00006693
This data will be the criteria for my future investments with Hashflare.
Infact – This will be the criteria for each and every customer for future investments with Hashflare.