Hashflare.io SCAM? Withdrawal now min .2 BTC "Temporarily increased for monitoring purposes"

in #bitcoin • 7 years ago (edited)

I just finished half my coffee when I read this Hashflare update. As I posted about me buying from Hashflare, I feel obligated to post this warning to everyone.

Screenshot_20171107-071508.png

First you cant withdrawal for days because of maintenance. Now the minimum withdrawal is up from .0016 to .2 BTC. "Temporarily"

Now someone with logic might say. Thats just a tactic to get people to reinvest. Its a temporary amount. fair enough.

Lets do some math.

Screenshot_20171107-071519.png
Current forecast .000615 BTC

OH WAIT
Screenshot_20171107-071631.png
.000615-.00016571= .00044929BTC

.2/.00044929= 445.1467871531 Days to withdrawal. Contract is only for 365 days.

Will dificulty change? Yes. Will withdrawal amounts be lowered within 445.1467 days? Maybe.

Is Hashflare.io a scam? Yes, I think it will end up proving to be. I should of held on to my bitcoins.

To anyone looking to make money with bitcoin/altcrypto ->> BUY AND HOLD!!!<<- Its the proven method

Thanks for reading this. Peace and Love!

Tips & upvotes appreciated.
BTC address
1794rU3PfybsJ8DZ5pAEXoZcEJHPoH48z1

#etherium #cryptocurrency #mining #hashflare
7 years ago in #bitcoin by
$0.39
  • Promotion Cost $1.30
  • Past Payouts $0.39
  • - Author $0.31
  • - Curators $0.09
4 votes
Reply 4
Sort:  
  • Trending
    • [-]
     7 years ago 

    Congratulations @mightbeawizard! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

    You got your First payout

    Click on any badge to view your own Board of Honor on SteemitBoard.
    For more information about SteemitBoard, click here

    If you no longer want to receive notifications, reply to this comment with the word STOP

    By upvoting this notification, you can help all Steemit users. Learn how here!

    [-]
     7 years ago 

    Congratulations @mightbeawizard! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

    Award for the number of upvotes

    Click on any badge to view your own Board of Honor on SteemitBoard.
    For more information about SteemitBoard, click here

    If you no longer want to receive notifications, reply to this comment with the word STOP

    By upvoting this notification, you can help all Steemit users. Learn how here!

    $0.00
      Reply
      [-]
       7 years ago 
      1. login to hashflare
      2. on the panel ( https://hashflare.io/panel ) click BUY HASHRATE then click ETHASH
      3. select the amount to purchase (depends on your btc balance) then click PROCEED
      4. click SELECT PAYMENT METHOD then click PAY FROM BALANCE
      5. I recommend to reinvest your balance by buying ETHASH because ethereum minimum withdrawal is only 0.1006 ETH (USD 85.01 atm) meanwhile bitcoin minimum withdrawal is 0.05002808 BTC (USD 567.32 atm)
      $0.00
        Reply