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Rated 1 out of 5 stars

All cloud mining is a SCAM. I am talking from experience. ION mining scam me KSD mining scam me and I could continue. You are going to loose your funds if you put it in.

Rated 1 out of 5 stars

hashflare why did you have to make me report you as fraud to fraudsinvestigations.com well good for me bad for you i will leave this review so others can know what to do to get their btc and mainly et... See more

Rated 1 out of 5 stars

SCAM, you get the illusion of profits, nothing more. Invested in these a while back and they kept raising the minimum withdrawal amount. Couldn't withdraw my funds, my account no longer exists. Jus... See more

Rated 1 out of 5 stars

Just like everyone else here, invested (2017) and my account was deleted. However I gave up and accepted my $400 loss much earlier, around 2018 because I went on Google StreetView to see their UK “hea... See more

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TrustScore 1 out of 5

283 reviews

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Rated 1 out of 5 stars

All cloud mining is a SCAM

All cloud mining is a SCAM. I am talking from experience. ION mining scam me KSD mining scam me and I could continue. You are going to loose your funds if you put it in.

26 May 2025
Unprompted review
Rated 1 out of 5 stars

Seeking Victims in the HashFlare…

Seeking Victims in the HashFlare Investigation
The FBI’s Seattle Division is seeking information from potential victims of two fraudulent schemes launched by Ivan Turõgin and Sergei Potapenko through their companies: (1) HashCoins, 2) HashFlare.io, a cryptocurrency cloud mining operation, and (3) Polybius, an investment offering in support of a digital bank project.

Starting in or around 2015, Ivan Turõgin and Sergei Potapenko promoted their cloud mining service, HashFlare.io, which was launched by their company HashCoins OU. Throughout its existence, HashFlare.io offered five different types of mining contracts to the public – SHA-256 (bitcoin), ETHASH (ether), Scrypt, DASH, and ZCASH.

The government alleges that the HashFlare cloud mining service did not have access to the volume of mining power that was needed to service the amount of mining contracts it sold to the public. The government further alleges that, to enable HashFlare to create the illusion that it was mining bitcoin, Potapenko purchased bitcoin from a third party and distributed it to victims who were requesting withdrawals from their HashFlare account. Eventually, the HashFlare cloud mining service was substantially terminated in July of 2018, and Turõgin and Potapenko used the remaining funds for their personal benefit.

In 2017, while HashFlare was still selling cloud mining contracts to the public, Turõgin, Potapenko, and other affiliates launched an ICO, Polybius, advertising the sale of PLBT tokens. PLBT token buyers were entitled to a 20% dividend from the profits that were generated from the main project Polybius claimed to be developing: a digital bank. The ICO collected approximately $31 million to be used for the creation of the digital bank. The government alleges that, instead of using the proceeds to create a digital bank, Turõgin and Potapenko used a large portion of the proceeds for their own personal benefit.

Go to the FBI website and find everything about Hashflare

11 January 2025
Unprompted review
Rated 1 out of 5 stars

I invested 8K in 2016

I invested 8K in 2016, still waiting. If based on the price of BTC today, I would be millionaire. Well it seems someone else became one for a short time. I wonder where the money is. If I don't get an answer I step to court as well.

Wrote a mail again but if I see the comments it's hopeless. If I get a good reply and a chance to at least get the investement back I will change my comment here.

6 June 2024
Unprompted review
Rated 2 out of 5 stars

CUSTOMER

I HAVE BEEN DECEIVED BY THESE PEOPLE THEY ARE EVIL I HAVE HELP'S NAME IN MY PROFILE I AM HELP ASK FOR HELP

8 November 2023
Unprompted review
Rated 1 out of 5 stars

This is totally fraud company and have…

This is totally fraud company and have lost money as was invested here and after that's I was not able to login and now I checked there site is totally finish and nothing is showing expect a message that "Try back some time later to load the site"

21 January 2023
Unprompted review
Rated 1 out of 5 stars

FBI investigates Hashflare

FBI investigates Hashflare
Google:
"Two Estonian Citizens Arrested in $575 Million Cryptocurrency Fraud and Money Laundering Scheme"

23 November 2022
Unprompted review
Rated 1 out of 5 stars

hashflare why did you have to make me…

hashflare why did you have to make me report you as fraud to fraudsinvestigations.com well good for me bad for you i will leave this review so others can know what to do to get their btc and mainly eth back you are not stronger tan authorities. i have gotten what is mine back do what is right i beg of you because action is being taken against you not everyone will loose better know that.

4 December 2021
Unprompted review
Rated 1 out of 5 stars

Rot in hell Hashflare

I mined with them for more than 3 years. Now I feel sorry for all the referrals who lost their money bcoz of me. Rot in hell Hashflare

4 August 2021
Unprompted review
Rated 1 out of 5 stars

Scam

Scam! Do not deposit there! You have been warned!

23 June 2021
Unprompted review
Rated 1 out of 5 stars

$3000 scammed

I ordered more than $3000 of SHA-256 mining and then the company shut down.

Not a single mail to withdraw the coins mined.

29 May 2021
Unprompted review
Rated 1 out of 5 stars

hashflare are scammers, no liability

ZERO liability and responsibility by the company.
Just invent "terms and conditions" for their own benefit, and then backreferring to them trying to convince you that you are incorrect.
For example, the recent reply from their support "service" - Please read the following FAQ article.
And the reference is to - Your account is inactive...
The trick here lies in the creation of this page - Jan 27, 2021. They d not care that the registration has been done way before this, that the purchase of contract have been concluded years before this, and so on.
And "they are not a wallet", aka "we will keep all your crypto funds in our own pockets".
Account has been deleted without any notification. Crypto funds have been just expropriated by them.
hashflare is just a scam!

11 May 2021
Unprompted review
Rated 1 out of 5 stars

A complete scam

A complete scam. They didn t let me make any withdrawal. They even didn t let me buy from their plattform so I can get the amount they were requesting to make a withdrawal. They even banned my email adress and my password. They didn t let me get into the platform any more.

27 April 2021
Unprompted review

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