Cloud Mining - Buy HashRate Not Equipment

[srockhard]

--------------> Be Kind https://hashflare.io/r/E8B63592 <----------- Signup

You can't get your hands on an Antminer S9 and you just aren't sure if the S7 will bring enough profit. Try Cloud Mining with HashFlare and purchase as much or as little hashrate as you want. Cash out instantly...choose your pool...save on electricity...blah blah blah.

To be honest guys I remember few years back when I first got into Bitcoin I thought I was too late and I basically just bought and sold BTC but never held on to much. Well I scrapped together little fragments of Bitcoin that I had across various wallets and now the price has gained so much momentum even 0.03 Bitcoin is over $500 USD ... but I beleive Bitcoin is seriously in its infancy and this is just another wakeup call. So don't hit the snooze button fuckers because its legit. If you don't have cryptocurrency in your investments or on hand in a BTC wallet somewhere then you'll be a peasant soon enough.

Click here to use my referral code

Throw a few hundred bucks into cloud mining and you'll utilize the Bitcoin mining power from thousands of other miners who are already hard at work digging out the next coin!

[sprintdating]

How high do you think bitcoin can grow. I hear its over 16,000 now

[Markul]

Why would they sell their hash rate for less than they can earn?

[Paul&John]

Originally Posted by Markul

Why would they sell their hash rate for less than they can earn?

Sounds to me like an other business model. Like they buy all the equipment and put half of it to mine for themselves and other half just lease so in case the btc drops they still have the cash flow.

[adultchatpay]

How can you compete with the gigantic mining firms? They have facilities size of an airplane hangar.

[money biz]

Piratebay and other huge sites cookie stuffin/popunders all over the place for hashflare.
Site getting half a million daily views right now. It's crazy.

[Oracle Porn]

Originally Posted by Markul

Why would they sell their hash rate for less than they can earn?

because you pay upfront for what would take you a year to mine at the currect btc rate
difficulty can go up anytime as well
when they can bill for equipment & electricity etc is X and they can charge you X+Y why would they not do that?

[rowan]

Originally Posted by Markul

Why would they sell their hash rate for less than they can earn?

Some early (and maybe current) cloud mining operations were simply a variation on a ponzi scheme, with no actual hardware or mining involved. Client pays in USD, operation buys BTC with that USD, pays client in BTC.

It all falls apart when the value of BTC rockets and they can no longer have sufficient USD input to purchase their BTC output.

Would be interesting to trace payments from these operations to see if they come from virgin blocks, as you would expect if the coin was mined.

[Paul&John]

Originally Posted by rowan

Some early (and maybe current) cloud mining operations were simply a variation on a ponzi scheme, with no actual hardware or mining involved. Client pays in USD, operation buys BTC with that USD, pays client in BTC.

It all falls apart when the value of BTC rockets and they can no longer have sufficient USD input to purchase their BTC output.

Would be interesting to trace payments from these operations to see if they come from virgin blocks, as you would expect if the coin was mined.

[seomanager]

Some people predict that bitcoin will cost around half a million dollars and more

[Konda]

I never understood those, if you put the same amount into Bitcoin directly you make a lot more money over the course of 1 or 2 years (with a bit more risk, but still)

[srockhard]

Originally Posted by Konda

I never understood those, if you put the same amount into Bitcoin directly you make a lot more money over the course of 1 or 2 years (with a bit more risk, but still)

Comparing mining vs buying bitcoin. I feel like it could all be relative to the value of the coin as well as the investment toward the equipment. Cloud mining is a bit different because you can mine for like $5 bucks if that is all you have and perhaps your machine will put in the last bit of work on the blockchain transaction and you'll get lots of shares.

[srockhard]

You buy a contract. The miner then works for you during the agreed time. It's even better than i thought when i made this post.

[rowan]

Originally Posted by srockhard

You buy a contract. The miner then works for you during the agreed time. It's even better than i thought when i made this post.

The fact that you can only choose their internal pools (rather than ANY pool) and they handle all payouts internally makes it a little whiffy, IMHO. The latter would prove that they're actually allocating you mining equipment.

In the real world you need to be able to choose more than one coin to remain profitable.

[Panty Snatcher]

Hashflare is not bad place to mine. Their current price is like $150 per 1TH.

I have 4TH there and it earns around $12.09 daily. JUt keep in mind that you earn bitcoins not Dollars, so the value of your coins will fluctuate.

They used to sell a lifetime contract, but they decided to screw everyone and covert all the contracts to 12 months. Another thing they do is they don't distribute any of the forked coins, so buyers beware.

You can also mine a few other coins there as well.

Genesis mining had been closed to new orders for a while and there are a couple others I use.

Yes you can purchase a S9 directly from Bitmain, they make a lot of noise 2 fans and consume around 1000Kw per month plus the heat the create

[gnawledge]

I actually can?t figure out the formula of buying X amount of dollars for a year of mining and they calculate it for you to be a lot less than your return will be. Am I missing something?

[rowan]

Originally Posted by Panty Snatcher

Yes you can purchase a S9 directly from Bitmain, they make a lot of noise 2 fans and consume around 1000Kw per month plus the heat the create

Sold out!

Interesting that they only accept BCH. Bitcoin really is becoming useless for transactions.

[ruff]

Last year I bought Zcash and Eth contracts and happened to hit both coin on the upswing. Mining paid off huge with these two coins. Sometimes you eat the bear and sometimes the bear eats you!

[srockhard]

Another payout. Time for christmas shopping.

[Panty Snatcher]

Originally Posted by rowan

Sold out!

Interesting that they only accept BCH. Bitcoin really is becoming useless for transactions.

Yes , they usually sold out and you typically have to preorder

[srockhard]

Buy as much as you can today. Tomorrow will be many hashflare payouts because they been delayed and vloggers will generate confidence showing the world theie massive payouts. Buy hash today dec.19th! Click my link register

[NoWhErE]

The ref link shilling is pretty pathetic. You're better off buying crypto on an exchange instead of cloud mining

[NickBaer]

That's what I did on CoinBase. The major exchange for US Citizens. You can get a $10 (in BTC) bonus on that link.

[GUNNER]

Originally Posted by NoWhErE

The ref link shilling is pretty pathetic. You're better off buying crypto on an exchange instead of cloud mining

Correct-O-mundo

[srockhard]

Anyone else watch JMSVlogs...he is kinda new in crypto but he has some interesting videos one with member from HasFlare team and another comparing per terraHash Antminer S9 vs HashFlare cloudmining.

[srockhard]

Originally Posted by NoWhErE

The ref link shilling is pretty pathetic. You're better off buying crypto on an exchange instead of cloud mining

10% for life is pathetic? Its not 50/50 like porn but to lock in every ref for life is decent imho.