HashFlare Cloud Mining Scam or Not?

in #hashflare7 years ago

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Hey guys new post talking about HashFlare. I've been using HashFlare for about 3 months now and i keep seeing so much hate and talk about how much of a scam this company is. Honestly I haven't had any issues with them at all.

Past year or so i was trying out acorns saving here and there and built up about 150 in the account only to realize I was actually losing money badly with monthly fees and what not. So fast forward i put that money into cloud mining.

So first purchase i put into ether mining. Based on the profitability estimate i would get ROI in about a year depending on price of ether. Wasn't too worried about either way ether could go up and at least i would have some.

So right now im making .34 per day with 7MH.

Based on this site its pretty close. No complaints here.

Shortly after that i decided to try SHA Bitcoin mining. They charge a fee for maintenance. Right now i'm at .7 TH and mining 0.00013222 a day with 0.0000445 fee. Its about 34%. Not really thrilled about it but since Bitcoin is so volatile im not too worried about it. Honestly there is no reasonable way for me to mine Bitcoin otherwise.

I also bought Dash hashpower which was a terrible idea i'm gonna lose bad with that. Advice don't buy Dash from this site you will lose badly.

In the end HashFlare is not a SCAM at all you will still get ROI as long as coins don't crash horribly. Just like the stock market investment=risk so only invest what you can afford to lose and don't cash in your IRA or 401k if you are looking for security.

If anyone wants to try it out please use my referral code: 50A41C80

HashFlare

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While it may not be a scam in your opinion, it could be considered spam. Spam is not appreciated by the community and could be flagged or may result in action from the cheetah bot..

Some things that can be considered spam:

  • Banner ads of any kind
  • Referral links/codes
  • Repeating the same post
  • Links to known scams, phishing sites, and other dangerous links

In fact, its withdrawal fee is quite high as well.