HashFlare 1000$ experiment - update
21 days into my mining contract and dispite the Bitcoin price dipping quite a lot from the 17000$ high the projected profits still look alright.
Hopefully the dip in price was due to the Bitcoin futures closing on the 17th and the upward trend will resume soon.
Some numbers:
I am also trying out NiceHash 2, despite the recent hack NiceHash does have an advanced switching algorithms which takes advantage mining all the new altcoins as they fluctuate a lot.
The profits from my initial testing showed 20% profit increase, I will have to incorporate the fees and BTC withdrawal costs before I can make a call on profitability.
Also here please do not click this link if you do not want to make passive income investing into cloud mining.
https://hashflare.io/r/9479F300
I have been in hashflare for a few weeks now and I still see money coming in, I want to invest more but my Alts are down to risky.
I agree, I'm hoping to wait for BTC to go up maybe 18k to reinvest the current balance. I like Hashflare they don't promise to make you rich it is very sustainable unlike SCAMS like BitConnect, you should expect to make 2 or 3 times your money which is very good. For years I have been saving in bank making about 1.2% a year which is also taxed.
I also have mining rigs and I have to say mining is more profitable, and you also own the hardware which will always hold some value but I have 2 rigs and where I live I have no more space, Hashflare is good alternative that requires no worries about keeping the rigs running or electricity bills.
happy to see you're liking it too. Been with them for a about 2 weeks now and even though the dip has given a whee bit of a head ache it should al be good and looks equally promising.
You may want to install the following Chrome plug-in, assuming you are using Chrome of course: https://www.google.nl/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwiL9s_fgerYAhXCa1AKHdWZCycQFggoMAA&url=https%3A%2F%2Fchrome.google.com%2Fwebstore%2Fdetail%2Fhashfair-reborn%2Fogiegfgghlangemlggeoogaadkebmibh&usg=AOvVaw0IcjyIbk8PJAgtU7cE6Ped ... it gives you a more accurate overview of your earnings. Oh... And I liked this one too: http://calc.cryptomining.live/sha256/
Happy mining!
Gr,
Sol
I look at it as a HODL method haha, with the 0.05 btc withdraw limit it will make me hodl for at least 3 moths lol
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