Unfortunately, the worst is happened. Hashflare completely terminated all active BTC mining contracts. So-called reason is mining payout is lower than maintenance fee.
Here you can find statement from their Facebook page:
Is it legal or not, lawyers may decide. Will be any international investigation or case? we will see later.
Even, if it is "legal", in terms of investment, it became a ponzi scheme.
The question is: Why not suspended contracts? Why terminate?
I wish, Hashflare and its parent company HashCoins will realize their mistake and compensate their clients loss.
I remember looking at this website months ago and thinking that this will end badly, I was correct. Just seemed to good to be true.
actually we expected, too.. but not as much as thatscamming
nice post
.
oh thank you for tell everyone because many scammer in crypto and people easily trust everyone and mostly mining scammer.. ^_^ be carefully
All cloud mining website fake
until now, genesis keeps its promises and still profitable. Of course, we should be careful bur when compare to other rivals, it is a big scamming
Hardware mining is best than cloud mining.
Dont trust on cloud mining sites.
it is right. but, the problem is to find mining rigs/hardwares
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I expected this to happen sooner or later unfortunately. I feel bad for the people who put a lot of money in.
when i looked to other people's comments, there are really many people invested incredible amounts.
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Very nice article, this is a huge problem in this space, I am following you now, please follow me and check out my work
Thank you sir.
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