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RE: Is Hashflare Really Gone? Is this the End of Cloud Mining? So I contacted Support..Here is Their reply
It’s exciting to see you back! Unfortunately not in a great circumstances. If your rewards don’t increase and decrease at the same time and If you have maintenance fee, how in the world can you be able to mine? If bitcoin was below 1000 just a year ago and now it’s at almost $6k how it’s still not profitable? Something doesn’t make sense. I’m aware that mining cost in the US is at around $7k. Have you considered mining in diferent countries with much lower mining cost? Is it possible?
I think the best solution is just to invest in btc when the price is down and gain rewards when the price will be up again.
For the moment I do not see a viable option in mining at this point ...unless you have a very low electric cost and a very big hashrate ...much bigger the 316....and that would mean that you will need to have more then 25 antminers s9.