It has been a few weeks since my last update. In the past few weeks we have seen a big positive change. BTC is valued at over $9000 USD, alt-coins are on the rise. And maybe, just maybe the bulls are back in town. But, HF has reduced fees, withdraw limits, then increased them again, posted a video, and now are sold out of all contracts. Here’s my thoughts. If you’re interested in my original review read it here.
Fees — The Elephant in the Room
Let’s talk fees. They have not changed and have been the only constant with HF. Sure no one likes them, but they are what they are. They are like taxes, complain all you want, but you need to pay them. That’s the whole point of cloud mining, someone else is doing the mundane work, and you need to pay their fee. They do not control the value of BTC, so yes, you may get your contract cancelled if you end up upside down. It’s a known risk to anyone who did their research before they purchased a HF contract.
Get over it. I have.
My Earnings
Since I made my first withdraw on the 5th (22 days ago,) I’ve earned 0.0051037 BTC after fees. Not a lot and at this point I’ll be happy if I break even on my contract after a year especially as difficulty continues to go up.
