Bad News - Hashflare Major Changes in Mining Bitcoin & Ethereum

in #hashflare7 years ago

hf_fb_1200X630_eng.png

Today, all hashflare users received an e-mail and also a sticky note on home page "Dashboard" letting them know of some major changes. The changes, which mainly cover the terms and the prices of the contracts will become effective on September 1, 2017.

The new price for 10 GH/s of SHA-256 will be $2.40, while 1 MH/s of Scrypt will now cost $11.50. The maintenance & electricity fee will remain the same.

All new SHA-256 and Scrypt contracts will be issued for a limited term of 1 year from the moment of activation. All SHA-256 and Scrypt contracts activated prior to 01.09.2017 will expire on 31.08.2018.

i believe Genesis Mining will have a better opportunity in attracting more users now provided that "prices and contract terms stay unchanged"

i just checked genesis mining and found that all bitcoin plans are now out of stock, is it the normal thing that happen every now and then or they are preparing for a change too. we will discover soon.

Do you believe that mining through cloud mining services still profitable ?

Sort:  

Great. Thanks for sharing. I'm starting to follow you.

... im a bit upset in that news.. i have hashflare accts too☹

we are all in the same boat :(

Congratulations @linuxmam! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published your First Post
You made your First Vote

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!