Archive for the ‘Cloud Mining’ Category


It seems that the Hashie cloud mining service is now back online and fully functioning, however the way they handled the recent problems they’ve had (apparently getting hacked and Bitcoins stolen) is far from good. The service is back online, but any Bitcoins you might have had in your wallet are no longer available and the service apparently is now offering new cheaper miners called Generation 2. It will however be very had to earn back the trust of the over 40 thousand users that the service claims to have, especially of the ones that did not have purchased AMHash cloud mining hashrate. Owners of AMHash cloud miners at Hashie can still move them to the AMHash platform, if they have not done so already. What the service has apparently done for people that have had Generation 1 miners as well as any Bitcoins in their wallets was to distribute them some Frostcoins that should result in bringing some dividends to users based on Generation 2 miner sales. We have already moved our AMHash hashrate to the AMHash platform, however our account did not get any Frostcoins for the Bitcoins we had in the wallet that are now gone. So we would currently recommend to avoid that service if you are interested in investing in cloud mining.

For more information about the Hashie Bitcoin cloud mining service…


It seems that the Hashie cloud mining website has been hacked and the website has temporary suspended operations, though what exactly has happened is not very clearly explained yet. While the operators of the service are working to resolve the issue, the main page of the website is not available, but apparently you can login to your account with limited functionality. AMHash, the cloud mining hashrate partner of Hashie, has already added the option to transfer all of your purchased AMHash cloud hashrate to their platform as alternative to waiting the normal operations at Hashie to be restored. You just need to make an account at AMHash with the same email address that you have used at Hashie and send a request to have your hashrate transferred there. You can check with your email address what was the AMHash hashrate that you had in Hashie to make sure that you set the correct amount in your application, according to the information the process for the transfer should take up to 24 hours. Unfortunately there is still no solution available for the Generation 1 hashrate that the Hashie service was offering before they have added the AMHash hashrate. We are hopefully soon going to see a solution for that as well, either another option to transfer Gen1 hashrate or Hashie restoring their normal operation again.

To send your Hashie to AMHash Transfer request to AMHash, registration is required…


We have apparently reached the 10 consecutive day moment with the mined Litecoins being lower than what the maintenance fee for the Scrypt hashrate at the ZeusHash cloud mining service. The 10 day period has been extended with extra 5 days to see if the negative trend will chance, though this currently seems not very likely to happen with the exchange rate of LTC still going down even though the network difficulty is fluctuating. After the extra 5 days end unless we see some improvement and the Scrypt cloud hashrate starts making profit again the mining hashrate will be taken offline, but the MHS that have been purchased will remain in the user’s accounts and the mining might be resumed again next year if SCrypt cloud mining becomes profitable again. Below is the quote of the announcement that ZeusHash has sent to the users of the service regarding the situation:

Dear miners, we are sorry to inform you the daily payouts of your MHS contracts have been lower than maintenance fees for 10 consecutive days. As we negotiated with our partners, we will wait for another 5 days to see if there’s any change in the current situation. If it continues for another 5 days, we have to shut down all the miners. But we won’t cancel your accounts and your MHS will be freezed there. We will try to introduce more advanced miners and MHS contracts in the coming New Year for more of your profits.