June Update 2018. But here is the progress of a 200 T/H contract at Hashflare when there is 400% INCREASE IN DIFFICULT cause BIG CORP DEV GOES ONLINE: YOUR CLOUD ASIC BECOMES WORTHLESS.
Its pretty shocking if you keep up with the markets.
First off there is a lot of #FUD in bitcoin.
Hashflare update: All mining has stopped since the hashrate and difficulty got so high cause all the "BIG BANKS" jumped into crypto mining lying to the american public. You got Japan Mining with newer ASICS at 7nm technology.
Its not worth it to buy any hashflare mining contract until they return to their old principles of UNLIMITED CONTRACTS.
They pay near nothing to mine in energy cost.
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There is no way the blockchain hashrate when up 400% yet the current market value price drops to bear lows.
Who is gonna build all that ASIC mining equipment?
Sell the tools (pickaxes to mine the crypto) then pay people no cut of what they mined for their retirements?
I see BANKERS behind this plot with FUTURES with SHORTS.
I see that LIQUIDATION in JAPAN from MtGOX.
Remember the big media is control of all influence.
Bitcoin was at $19,000 in december.
That wasn't pumped or controlled by TETHER.
They did the audit and TETHER PASSED PUBLICALLY.
What happened was: Banks creating Media Duress.
Exchanges like COINBASE not being a EXCHANGE but becoming a MIDDLEMAN BITCOIN BANK in-charge of your LIQUIDATION for WORTHLESS PAPER MONEY.
Bitcoin has all the tools to succeed without any need for the goverments anymore.
If you dont like your officals. Don't pay the taxes is better then trusting a CURRUPT VOTING SYSTEM.
Freedom of Expression protects bitcoin.
Bitcoin is a insurance plan vs the worst BUBBLE burst in history. Its PAPER MONEY.
The gold standard should of never been removed from the America in 1910's.