My Hashflare Journey
So I'm here again to discuss about Hashflare. In the 31 August without any warning they decided to change SHA-265 and Scrypt life-time contracts to 1 year contracts. They also decided to increase the price of hashpower instead of 1.2 $ to 2.4 $ as you can see they doubled the price. If anyone didn't check their site in 31 August they lost the opportunity to buy more hashpower in 1.2$ if they want. Fortunately I logged in that day and used my balance to bought some hashpower and add it to my the say so 1 year contract. I think this was bad idea because I had such big plans for my hashflare account and right now I don't know what to do with it. If you want to see their notice here is the link: http://opizo.com/4k1vO6
I recently did an analysis of my own results:
http://easym6.com/2017/08/23/hashflare-cloudmining-results-bitcoin-litecoin-ethereum-dash/
Not a single contract was more profitable, than buying the contract and right now after the changes the situation will be even worse.
so you recommend buy and hold cryptos instead of using them for investment?
I recommend buying cryptos instead of investing in cloud mining.
Okay I'll Keep it mind
wow congrats good work👍
Thanks Man
Yeh so they have ditched the life the contract
Yeah and they said all the previous accounts will be expire on 31.08.2018. It Sucks Man
It's sus I won't be investing in them any more and I noticed Genesis has no bitcoin contracts at the moment
Yeah I heard it doesn't have any bitcoin contract right now
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