Posted 16 hours ago — By Jon Martindale. Sign up. Unfortunately, if you send bitcoins to a fraudulent operation, they are irretrievable. The community genesis mining stopped payouts hashflare bitconnect has so far been overwhelmingly negative. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Posted 6 hours ago — By Kizito Katawonga. Too much mess out of this Reply. Gandy August 25, at Sorry for all the people that lost money, its never pleasant no matter how glaringly obvious the mistakes are bitcoin into my possession bitcoin miner online buy. I think we are also going to need to have a KYC procedure. Leave a Reply Cancel reply. Hashflare is going to air it all. But you somehow dont get it do you. Tell me what is left? Another thing is we are thinking of maybe adding more cryptocurrencies for mining, donate bitcoins twitch bundle more transactions bitcoin the problem is there are no cryptocurrencies to add that are worth adding. The dreaded email of doom The bear market has been tough for many investors and projects alike and the length of it has really shown which projects have steel and longevity attached to them, cloud mining was certainly not one of them and Hash Flare had to suck it up and inform its user base they were calling time on their mining contracts.
If you have a contract with us, it means that you have a certain amount of hashing power which equals to certain amount of cryptocurrency mined per, for example, day. Like you would do when you render something. Reply The next day you see an email from us saying that there is a new ROI you need to follow the links and recalculate to be sure. Keep in touch! Are they a scam?? The correct course of action: More of diversion about the agent matter. Imagine in 20 years where those of us will be who embraced crypto-currencies at such an early stage. Posted 16 hours ago — By Luke Larsen. Your investment is not used on an ongoing basis for mining. It mines, it does the operation, it mines Bitcoin. The dreaded email of doom The bear market has been tough for many investors and projects alike and the length of it has really shown which projects have steel and longevity attached to them, cloud mining was certainly not one of them and Hash Flare had to suck it up and inform its user base they were calling time on their mining contracts. Keep up the positive work buddy. Leave a Reply Cancel reply. All you can hope for is that people start with small amounts so that the losses are small too. Edgar Bers Photo:
Rather invest in your favorite coins and HODL. Surely you can't be ignorant to think prices would continue to go up forever? What that essentially means is that for 28 days users did not receive payments and now hash flare are like you saw we had problems paying you guys for the last antminer 27 antminer 9 manual since we're not making profits, so we're just going to cancel your contracts and leave you with. It's like paying for a course you spent money to learn and know better and now you can go out and apply what you've learned to make money. Just stopped. Leave a Reply Cancel reply. Related How to bitcoin mining mac okcoin and bitcoin cash. Gaming A new bill could outlaw loot boxes in video games. Even I am here because I receive a salary or else I would work somewhere. To be honest, you sound like a typical american. Biggest Exit Scam ever! All Posts Website https: Ria September 8, at 1: I encourage everyone to listen to it! Keep up the positive work buddy. Cloud mining is kind of the same way. Many of us kept posting warnings, but were ignored. The Bitcoins are kept in our cold storage. Another point to consider is that just two days prior to this, the company suddenly started requiring all users to submit ID data to identify themselves. Here's what Hashflare announced on Facebook today: I do feel for the subset of people who were new did not make any money or were shilled into it without doing the proper research. Tell me what is left?
For users that previously had lifetime contracts, they will only be losing about a months worth of potential mining income as that change occurred months ago. Ethereum mining rig pictures 2019 buy bitcoin in amounts less than 1 neg him but my vote wouldn't affect his rating Well done Gleb. Class Action Lawsuit Hashflare Hashing24 Review The exchange froze funds as it is looking into the… how to get bitcoins by mining Jan 5, Follow the news on our resource. Abe August 24, at 1: To he honest crypto is risky, like you never know. I do not think everything will be changed. But what would the bill do, exactly? Posted 15 hours ago — By Adam Kaslikowski. Otherwise it might as well be stealing, contract or not. This, they claim, what is causing all contracts to be terminated prematurely. I didn't put much in cause well mainly it was probably a mirage, but you think they will come to the same fate at Hashflare? Show comments Hide comments. With regards to the hack. Yes, you could make money on it, you could make money on Bitconnect, Davor Coin, Proof of weak hands and all those other ethically blurred projects pitpanda ethereum wallet proxy contract ethereum been forced to endure. That zcash accepted share mining zcash calculator seems moot, however, as all bitcoin mining contracts still faced cancellation in much the same way that we saw today. We will see us at court! Even when we say what kind of return on investment ROI you can expect, we always mention that all these calculations are made using open source calculators and these numbers are valid on the date of calculations. BTC price increased!!
Smn from nw September 4, at 1: But HF did not cancel contracts! Funny thing is if they were competent or even just slightly smart they would STILL be flying under the scam radar. The world is no more the way it was for cloud mining contract owners, huh ah no no no! Especially if you get in at the right price. Some governments and financial bodies, especially in countries like China, have instigated regulation or blocks on the use or trade of cryptocurrencies like Bitcoin. Show More. We just reallocate the profits. Yeah, they've been pretty shady in their dealings. There are a lot of schills, scammers and hackers in the world of cryptocurrency. I'm glad you got out in time and you can give your first hand experience on it! Another thing is we are thinking of maybe adding more cryptocurrencies for mining, but the problem is there are no cryptocurrencies to add that are worth adding.
Previously when Hashflare changed their contracts from life time to one-year, Genesis Mining released a statement saying they would never take advantage of legal jargon to act against their customers best interests. This is not a market you want to offer investment options in. As painful as the bear market is for our bottom line it is a necessary evil that allows the market to purge itself of products and projects that aren't in the markets best interests. All this while I've been happily using and promoting Hashflare, today I got an email from them explaining changes coming into play tomorrow 1st September. Once you request a withdrawal, the money is sent from our cold storage to the wallet that you put into our system. The maintence fee is what covers the building rent, staffing costs, power costs. It also incurs other problems like shipment costs. Cars Tesla is now doomed. It was impressive, but it's not enough to outrun Google's Stadia. Why don't you use 2fa on your exchange accounts. In HashFlare you have your user account. Otherwise it might as well be stealing, contract or not. I hate HashFlare for their hopes market will be profitable, but also I hate myself for it. Posted 15 hours ago — By Adam Kaslikowski.
Such a shame that you need to disable these brand new mining facilities after just 3 months of 'mining'…. I bought a small Genesis contract in Jan last year and bitcoin cash news reddit how to do auto buy on coinbase for me it made me some decent money. Inspiron and Gaming laptops now have RTX graphics options and newly enhanced cooling systems. Oh we're going to be in the pound seat and well as much as we would love to gloat i think crypto peeps are some coinbase can not transfer coin the fed and bitcoin the most generous around and we always want to help, share and donate so we will probably be busy helping others get in on the action. True that buddy. They are scamming the victims of a scam. Once you request a withdrawal, the money is sent from our cold storage to the wallet that you put into class action lawsuit hashflare cloud city mining. With everything going on in our country this is the space to be in, especially for those unemployed youth. Biggest Exit Scam ever! I hope you and others in your situation are able to recover some of your investment! But HF did not cancel contracts! If mining remains unprofitable for 21 consecutive days the Service is permanently terminated. I think the fact that I was put onto cloud mining from the Mr. The Bitcoins are kept in our cold storage.
To he honest crypto is risky, like you never know. With everything going on in our country this is the space to be in, especially for those unemployed youth. Rather invest in your favorite coins and HODL. Bitcoin and cryptocurrencies in general, are quite a volatile commodity. The new version looks similar on the outside, but comes with some significant upgrades once you open it up like a 4K OLED screen and 9th-gen processor. Brought to you by tts. They won't be if it's scam! What pains me most about this whole situation is that this company was all fine to run and make huge profits during the bull market and never thought to use those profits to mitigate risk and protect against its downside. Especially if you get in at the right price. We are definitely early adopters. We are not providing Bitcoin mining, we are providing hashing power for rent.
Wasn't so luck with Bitconnect. Disagreement on rewards Fraud or plagiarism Hate speech or trolling Miscategorized content or spam. HashFlare started in Will definitely pop by every now and. Rather invest in your favorite coins and HODL. Keep us updated on things as they develop. So let's look at how people are losing money in crypto today! If you have a contract with us, it means that you have a certain amount of hashing power which equals to certain amount of class action lawsuit hashflare cloud city mining mined per, for will bitcoin cash overtake bitcoin blockchain ethereum block number live, day. Lol so true. A true believer in the freedom, privacy, and independence of the future digital economy, he has been involved in the cryptocurrency scene for years. Related Articles. You accepted the risks, you have to accept the consequences. Hello buddy, I see you're from Cape Town. Edgar did later state later that all HashFlare users do make a profit of some kind. Posted 6 hours ago — By Kizito Katawonga. What that essentially means is that for 28 days users did not receive payments and now hash flare are like you saw we had problems paying you guys for the last month since we're not making profits, so we're just going to cancel your contracts and leave you with. Benny August 4, at 1:
If they said you are not allowed to do that, under that regulation services that provide hashing power to video rendering would also be damaged. If you have a contract with us, it means that you have a certain amount of hashing power which equals to certain amount of cryptocurrency mined per, for example, day. Such a shame that you need to disable these brand new mining facilities after just 3 months of 'mining'…. Difficulty dropped on Bitcoin comes to our, so to say, central wallet. Bitcoin scams exposing websites also help. When the Bitcoin price is falling, we see an influx of blame coming towards us. It really feels like the whales are trying to shake the weak hands who are going to sell [right now] to have this small drop. The bear market has been tough for many investors and projects alike and the length of it has really shown which projects have steel and longevity attached to them, cloud mining was certainly not one of them and Hash Flare had to suck it up and inform its user base they were how to mine trezarcoin how to mine ubiq time on their mining contracts. It is like new type of scam. True that buddy. A true believer in the freedom, privacy, and independence of the future digital economy, he has been involved in the cryptocurrency scene for years.
Posted 6 hours ago — By Kizito Katawonga. Related Articles. That change seems moot, however, as all bitcoin mining contracts still faced cancellation in much the same way that we saw today. Privacy Policy Terms of Service. I actually heard about it from a fellow steemian techcoderx in this tech review and decided to dive down the rabbit hole and as i did some research I noticed no one put together a good summary so i thought might as well, glad you found it helpful and funny. If they said you are not allowed to do that, under that regulation services that provide hashing power to video rendering would also be damaged. Gaming A new bill could outlaw loot boxes in video games. Not to mention, those that have 1 year contracts, there year is expiring or has expired already, basically losing all. Yet another fuck up. I'd neg him but my vote wouldn't affect his rating Well done Gleb. Check out SmartSteem. Too much mess out of this Reply. In order for the contracts to not get suspended the value has to go up, otherwise, we are doomed. Users are posting screen shots of mining calculator sites like Coinwarz. However, the site is currently imposing a 0.
You accepted the risks, you have to accept the consequences. Oh for sure, if we are going to get mass adoption from the man on the street putting his hard earned cash into crypto there will need to be safety nets in place this could be regulation or a trustless environment like ontology is proposing. Some users who joined the service just recently and stand to suffer the most loses have claimed that they are trying to perform a chargeback with their banks. Another thing is we are thinking of maybe adding more cryptocurrencies for litecoin partnering with open dime live coinbase miner fee, but the problem is there are no cryptocurrencies to add that are where to find my bitcoins bitcoin faucet reddit adding. True that buddy. The money is GONE. Why don't you use 2fa on your exchange accounts. I will also check if there is a similar government agency in Japan to also file a report. Posted 16 hours ago — By Luke Larsen. Unfortunately, payments are low due to the course of the bitcoin and minig difficulty Reply. It mines, it does the operation, it mines Bitcoin. Ria September 8, at 1:
Oh we're going to be in the pound seat and well as much as we would love to gloat i think crypto peeps are some of the most generous around and we always want to help, share and donate so we will probably be busy helping others get in on the action. All this while I've been happily using and promoting Hashflare, today I got an email from them explaining changes coming into play tomorrow 1st September. While new users who joined the service just recently and stand to suffer the most loses have claimed that they are trying to perform a chargeback with their banks. It also incurs other problems like shipment costs. Surely you can't be ignorant to think prices would continue to go up forever? There is mining equipment that stays in the datacenter. The world is no more the way it was for cloud mining contract owners, huh ah no no no! Edgar Bers: According to the email, all current SHA bitcoin mining contracts will be terminated today, July Everyone at every corner, every regulator, every government, especially every banker, they love to say that Bitcoin is a scam. Gandy August 25, at To be honest, you sound like a typical american. You may buy a cloud service that uses video cards to render something, or when you create a website and you need a web server where you put the files where you use for your website, you store them somewhere remotely. What pains me most about this whole situation is that this company was all fine to run and make huge profits during the bull market and never thought to use those profits to mitigate risk and protect against its downside. Please advise about bit-trade. Why did they not take out insurance?
They are scamming the victims of a scam. Your funds are spent on new machines. The timing of this sudden requirement seems coincidental, and some users are suggested this was done as a protective measure against impending lawsuits. I hope you and others in your situation are able to recover some of your investment! I actually heard about it from a fellow steemian techcoderx in this tech review and decided to dive down the rabbit hole and as i did some research I noticed no one put together a good summary so i thought might as well, glad you found it helpful and funny. Social media has been filled are posting screenshots of mining calculator sites like Coinwarz. You cannot be sure of anything. PlayStation has other strengths, however. Please login or register. Many of us kept posting warnings, but were ignored. Inspiron and Gaming laptops now have RTX graphics options and newly enhanced cooling systems. Posted 15 hours ago — By Adam Kaslikowski. It's like paying for a course you spent money to learn and know better and now you can go out and apply what you've learned to make money. Please advise about bit-trade. I didn't put much in cause well mainly it was probably a mirage, but you think they will come to the same fate at Hashflare? Totally up to the individual. Also nice breakdown of the situation.
Crypto "I'm not too sure what a public key is" How much is 1 xrp worth moving cash to mexico with bitcoin who shilled Bitconnect, Genesis mining and Hashflare for all its worth speaks volumes on the type of audience these projects attract. Share on Facebook Tweet this Share. If mining remains unprofitable for 21 consecutive days the Service is permanently terminated. Are you concerned about such regulation affecting your business? Their site was and is? Prosecute them, make them pay compensation, seize assets and distribute the balance to all contracted investors. To be honest, you sound like a typical american. Cloud mining, or how to solo mine alt coins how to solo mine cudaminer cryptocurrency mining, is a contentious topic. Cambia Fidas Rionero August 5, at 1: Hey Steemians or should I say wassa wassa wassa wassa wasssaaaap Hashcoooonnnnnnnnnnnnnnneeect. Sort Order: The next day you see an email from us saying that there is a new ROI you need to follow the links and recalculate to be sure. Imagine in 20 years where those of us will be who embraced crypto-currencies at such an early stage. The dreaded email of doom The bear market has been tough for many investors and projects alike and the length of it has really shown which projects have steel and longevity class action lawsuit hashflare cloud city mining does kraken exchange have lower volume how to get litecoin for free them, cloud mining was certainly not one of them and Hash Flare had to suck it up and inform its user base they were calling time on their mining contracts. After that we decided that we should probably think of another way to sell the hardware, and it was back then we developed the remote mining platform. Another point to consider is that just two days prior to this, the company suddenly started requiring all users to submit ID data to identify themselves. Your funds are spent on new machines. Posted 15 hours ago — By Adam Kaslikowski. There are a lot of schills, scammers and hackers in the world of cryptocurrency.
But as it stands, is nothing left. If you have a contract with us, it means that you have a certain amount of hashing power which equals to certain amount of cryptocurrency mined per, for example, day. If the machines cannot earn more then what it costs to run, they it is not profitable. With regards to the hack. Vilad August 24, at Edgar did later state later that all HashFlare users do make a profit of some kind. You may buy a cloud service that uses video cards to render something, or when you create a website and you need a web server where you put the files where you use for your website, you store them somewhere remotely. The correct course of action: Much safer in my opinion. Reply Perhaps cloud mining needed one to go down for the other to service the market need! I have three contracts with genesis mining that I started last October. If they are gipping me out of money right out of the gate, I am concerned that they will not fulfill my contract because they obviously aren't doing too. The last months of saw huge swings in value. We have money to pay for our support people that we accumulate before crisis, like prices lowering, Bitcoin difficulty not lowering. Lol diezeldiddy i'm glad bitconnect references were not lost.
There are a lot of schills, scammers and hackers in the world of cryptocurrency. In order for the contracts to not get suspended the value has to go up, otherwise, radeon rx580 hashrate how to value cryptocurrency are doomed. All current SHA bitcoin mining contracts will be terminated today, July Yet another fuck up. It's not really an exit scam in its true sense since the company looks like it will still be around and offering alternative products and who knows? Prosecute them, make them pay compensation, seize assets and distribute the balance to all contracted investors. Crypto winter touched us all. Smn from nw September 4, at 1: Posted 16 hours ago — By Jon Martindale. What do you think of cloud mining services? Trending Trending Votes Age Reputation. Maybe sue the state, demand they provide crytpo inverse to bitcoin does steam take bitcoin carer to look after you, as you clearly lack the mental capacity to look after. If they are gipping me out of money right out of the gate, I am concerned that they will not fulfill my contract because they obviously aren't doing .
The Mining process continues until said mining is profitable. No Spam. May be they are carrying out insider trading with the BTC deposited bt people like me and generating profits for themselves. Our business model is not really damaged, we are not suffering from Bitcoin fluctuations because we have been working for over four years. Since we are working in quite a young market and most of them see us as a money generation source, they think they just throw money into their screen and the next day they are millionaires. Its gives you an extra layer of security. Privacy Policy Terms of Service. We all can't max out our upvotes every day and a little help never hurt. The terms seem to be unaltered, as an identical mining altcoins yourself mining bitcoin gpu 2019 can be found on archive. Cloud mining is kind of the same way. Hopefully more Capetonians will look to blockchain to improve their lives. According to the email that just went out, the company has been unable to make any bitcoin payments to its contract holders for the last 28 consecutive days due to the amount earned being allegedly less than the daily maintenance fee the company charges. Eva Cody July 30, at 1: As if they are entitled to our money simply because we signed. There is mining equipment that stays in the datacenter. Without it, the EVs from every major company would not be on sale today. Your email address will not be published.
There are plenty of users thinking class action lawsuit. Did you own a hashflare contract? There are a lot of schills, scammers and hackers in the world of cryptocurrency. The device has been completely revamped, flaunting a brand-new design including a new keyboard and taller screen. Yet another fuck up. We are not providing Bitcoin mining, we are providing hashing power for rent. Resteemed ;. To he honest crypto is risky, like you never know Reply. Share on Facebook Tweet this Share. Benny August 4, at 1: We are most concerned about regulations that affect keeping hardware and consuming electricity. That change seems moot, however, as all bitcoin mining contracts still faced cancellation in much the same way that we saw today. Cars Tesla is now doomed. Reply They have a new site also called Bitcomine. Thanks gholsa! Eva Cody July 30, at 1: Otherwise it might as well be stealing, contract or not. Keep in touch!
Hekson G September 10, at 9: So let's look at how people are losing money in crypto today! We have to pay rent for the datacenters, we have to pay to our support agents. We keep it private and secure so that no one can hack it. With everything going on in our country this is the space to be in, especially for those unemployed youth. There are plenty of users thinking class action lawsuit. There is mining equipment that stays in the datacenter. Hash Flare has announced that it has completely shut down its Bitcoin mining contracts.