This is my 1st post regarding hashflare. I came across hashflare almost a year ago. Those days I just started mining ethereum. I was mining ethereum using my Nvidia GTX960 2GB GPU, which hashed at around 10MH. I exactly don't remember how much did I earn per day from mining, but I remember that I used to upgrade hashflare every 2 3 days from my mining income. For several months I did the same, I kept on upgrading my hashpower from my mining income, plus I reinvested my income from hashflare's mining into buying more hashpower in hashflare itself. This is one feature I like about hashflare - that we can reinvest your mining income to buy more hashpower. Apart from this I have invested in other cloud mining services too like genesis-mining.com and eobot.com. But in this post I will be talking specially about hashflare.
I stopped upgrading hashflare contracts since March 2017. Today I have 0.54 TH/s SHA-256 contracts worth $64.8 and 28MH/s Scrypt contract worth $378. But one strange thing about Hashflare's Scrypt contract is that it pays in Bitcoin rather than Litecoin. Good thing is that these both contracts are lifetime contracts. With the recent increase in the price of Litecoin, scrypt payouts were very profitable than SHA-256. I also have a small amount invested in 1 year ethereum contract, which will expire next month, so I will be doing a separate post regarding that contract.
This is my income for the month of May
These are SHA and Scrypt Lifetime Contracts
Daily payout summary
Withdrawl History
The total income for April 2017 was 0.02659 BTC, which was $58.49 assuming BTC's rate to be $2200. And the total income for May 2017 was 0.02944BTC, which was $64.76 assuming BTC's rate to be $2200. These were my final payouts after paying for maintenance fees. Based on these facts I'd say the monthly income would be approx $60.
My total investments on these contracts is $442 (64.8+678) and my ROI is 7 months.
If you are interested to purchase any cloud mining contract in hashflare then here is my referral link https://hashflare.io/r/E984A8AC
I suggest you to purchased life time scrypt contracts which will cost $13.5 per 1 MH.
Happy Mining
HashFlare 10% discount for new users! Sign up to get the discount: https://goo.gl/xdkoHP
Interesting!! but the payout will slowing decrease each month as the mining difficulty increases with more and more people getting involved in mining. Good luck with your ROI estimate.
Yes i understand that. But it also depends on the rate of the coin. BTC has increased almost 70% within 2 months and LTC increased tremendously as well. So if the rates go up then the ROI will get shorter as well.
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if you wanna get 20% off on the HashFlare mining contracts.
thanks for sharing... i will think about it...
Nice one, Hashflare - pretty good cloud mining platform if you need a discount promo code, here you can use my: DF604C55
SCAM NOW
STOP USING THEM , THEY HAVE CANCELLED ALL LIFETIME CONTRACTS
yes I know so more posts regarding hashflare from this month... only anti hashflare posts will come ....
the suggestion should be stop upgrading... already invested on hashflare... now no more upgrading...
Ashwin, I'd remove your post if I was you
Its a block chain what's done is done... I'd say these people are the greatest scammers out there - all lifetime contracts are converted into 1 year contract and the most disgusting part of it is they will charge maintenance fees too... no more hashflare from this month onwards...