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.
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so you recommend buy and hold cryptos instead of using them for investment?
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I recommend buying cryptos instead of investing in cloud mining.
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Okay I'll Keep it mind
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wow congrats good work👍
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Thanks Man
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Yeh so they have ditched the life the contract
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Yeah and they said all the previous accounts will be expire on 31.08.2018. It Sucks Man
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It's sus I won't be investing in them any more and I noticed Genesis has no bitcoin contracts at the moment
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Yeah I heard it doesn't have any bitcoin contract right now
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