Hashflare Update –2/1/2018 — OUCH

Tyler
2 min readFeb 1, 2018

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Here is the latest update to my Hashflare journey.

On the 1/16/2018 I wrote a detailed review of my first few days with Hashflare.io mining BTC. You can read it here.

The price of BTC has taken a beating and that has caused me to make one slight change in my approach with HF. Since HF bases it’s reinvestment on the USD ($2.20/GH), and the price of BTC to USD has come down I’ve made the following changes”

  • Today I’ve decided to temporarily stop reinvesting. This is big because it shifts my stragegy a lot. Going into HF I had calculated 90–100 days of reinvestment to double my hashing power, then start withdrawing. Great on paper and we knew things would change. Today, BTC is trading at below $10,000.
  • In the past 5 days I did reinvest and I was able to add 0.18 TH/s to my hashing power.
  • Still no pool changes. I’ve been happy with my BTC per day earning with the 50/50 split between Antpool and F2Pool.
Not a good week for BTC.

Thanks for following!

If you find this helpful and want to take the next step and start cloud mining yourself, please use my referral link to Hashflare here.

https://hashflare.io/r/DC1C2DA1

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Tyler
Tyler

Written by Tyler

Strategic and forward-thinking with a passion for technology, helping others, and cryptocurrency.

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