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Old 12-12-2017, 07:35 PM   #1
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Cloud Mining - Buy HashRate Not Equipment

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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.

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Old 12-12-2017, 10:12 PM   #2
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How high do you think bitcoin can grow. I hear its over 16,000 now
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Old 12-12-2017, 10:39 PM   #3
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Why would they sell their hash rate for less than they can earn?
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Old 12-13-2017, 01:28 AM   #4
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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.
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Old 12-13-2017, 02:31 AM   #5
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How can you compete with the gigantic mining firms? They have facilities size of an airplane hangar.
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Old 12-13-2017, 02:38 AM   #6
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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.
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Old 12-13-2017, 06:46 AM   #7
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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?
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Old 12-13-2017, 10:52 AM   #8
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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.
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Old 12-13-2017, 01:11 PM   #9
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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.
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Old 12-13-2017, 10:31 PM   #10
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Some people predict that bitcoin will cost around half a million dollars and more
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Old 12-14-2017, 07:56 AM   #11
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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)
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Old 12-14-2017, 11:28 PM   #12
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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.
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Old 12-15-2017, 05:09 PM   #13
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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.
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Old 12-15-2017, 05:14 PM   #14
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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.
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Old 12-16-2017, 04:14 PM   #15
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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
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Old 12-16-2017, 09:02 PM   #16
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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?
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Old 12-16-2017, 09:31 PM   #17
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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.
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Old 12-18-2017, 12:25 AM   #18
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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!
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Old 12-18-2017, 02:12 PM   #19
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Another payout. Time for christmas shopping.
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Old 12-18-2017, 05:17 PM   #20
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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
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Old 12-19-2017, 12:26 PM   #21
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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
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Old 12-19-2017, 12:36 PM   #22
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The ref link shilling is pretty pathetic. You're better off buying crypto on an exchange instead of cloud mining
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Old 12-19-2017, 01:55 PM   #23
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That's what I did on CoinBase. The major exchange for US Citizens. You can get a $10 (in BTC) bonus on that link.
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Old 12-20-2017, 09:48 AM   #24
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The ref link shilling is pretty pathetic. You're better off buying crypto on an exchange instead of cloud mining
Correct-O-mundo
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Old 12-22-2017, 04:41 PM   #25
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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.
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Old 12-26-2017, 10:28 PM   #26
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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.
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