Anyone here does Hashflare? Or cloud mining in general?

jclee4 · Feb 17, 2018

Anyone here does Hashflare? I'm doing a BTC and ETH contract. Trying to find the best strategies going forward. Maybe we can share our strategies. Right now I stopped reinvesting my BTC and I'm just holding it and collecting profit. I think I'll start reinvesting once BTC hits like 12 or 13k.

Jenxkz · Feb 17, 2018

Sounds like a ponzi to me. If you have profit from it good for you but I wouldn't put big bucks into it.

jclee4 · Feb 17, 2018

Jenxkz said:
Sounds like a ponzi to me. If you have profit from it good for you but I wouldn't put big bucks into it.

Hey maybe your right. I did a Genesis contract one year ago and made a bunch of profit mining. Then again. BTC went nuts that year.

Deleted member 969102 · Feb 17, 2018

Cloud mining is not something I would recommend. I do, however, have a number of Genesis and Hashflare contracts, but that is because of the scaling issues I have with my physical mining farm. Looking back, I wish I just held the money in cryptos instead of buying into the cloud mining contracts, but it was a small amount and more out of curiosity.

LordCameltoe · Feb 18, 2018

jclee4 said:
Trying to find the best strategies going forward.

The best strategy is to stop cloud mining and invest in mining equipment or directly buy the coin on exchanges.

Anyone here does Hashflare? Or cloud mining in general?

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