Is Hashflare still profitable?

in #bitcoin6 years ago

Is Hashflare still profitable? I have been noticing many people ask this question.
As we all know but for those who dont, Hashflare the cloud mining company has made their bitcoin mininig contracts one year now.

Many were upset due to the fact that it could limit the profitabilty.

But as we can see over the weekend Bitcoin almost reached 20k, incredible!

As long as the bitcoin price keeps rising it will offset the mining difficulty.

I received my inital investment only after 3 and half months and I only purchased about 5.5 Th/s

bitcoin minig.PNG

I am now expected to earn about 5k a year from this contract. My break even point was only 3 and a half months and the rest is all profit.

So to answer the question is Hashflare still profitable? Absolutely, this is the only platform with bitcoin mining contracts at the moment so be sure to grab your mining contract.

➡️Hashflare: https://hashflare.io/r/8FBD4B1B


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Disclaimer I am not a financial advisor do what you wish with your money.

Some of the above links are affiliate links, It will help support the channel if you use them at no additional cost. Thanks, I appreciate your support.

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Sounds like a good idea until you realize that many of these cloud mining companies are phony and are set up like Ponzi schemes. There have been many instances of this in the past. You are literally handing over money to a complete stranger on the internet in the hopes they pay you back... fingers crossed.

Yeah man, personally never been scammed but do your reasearch before you spend a dollar on any site.

This post has received gratitude of 1.00 % from @jout

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Contact us if you want to get 15% to 20% discount on hashflare mining contracts.

any questions: [email protected]

Thanks