Hashflare Update — 3/6/2018

Tyler
2 min readMar 6, 2018

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In the past few weeks a lot has happened. BTC has been valued north of $10,000 USD for a couple of weeks. Alt coins continue to be pretty stale and we’ve seen approval for regulations in Mexico and acceptance in other countries. And, Hashflare has lowered the cost per TH/s for SHA-256 to $1.80 per TH/s.

Here’s my summary of my past few week of Hashflare. Read my original review here.

My past few reviews have been rather bearish on Hashflare. The cost per TH/s, the $9k value of BTC, and crypto market in general made investing in Hashflare not ideal. But I feel that’s shifting for the better. Fees are still fixed at $0.0035 per TH/s. And with the value of BTC rising, the daily BTC earning has increased.

So how am I doing?

As you can see, my revenue per 1 TH/s ha been pretty steady. And my forecast is still projecting 0.26 BTC in 1 year. I know that forecast is optimistic and does not take in a lot of factors. But it’s here for completion sake.

As of 3/6

Since joining HF, I’ve accumulated 0.02222891 BTC. Which seems small, but did reinvest for over half of the 2.5 months I’ve been a user of Hashflare. I activated my account on Jan 16th, 2018.

What’s Next?

I’m going to continue to let Hashflare do its thing. Even with the rising difficulty, I’ll have more BTC then I invested. So, why rock the boat? I may reinvest soon if BTC continues to stabilize. And I do think Hashflare is becoming a service of value for those who want more BTC.

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

Note: I do not have any personal interest in Hashflare. I’m just a customer.

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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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