This whole essay by jimmothy can be summed up in just few sentences.
Let me paraphrase some of your claims:
1. "some people accused GAW of being a ponzi, so it must be true"
Never trust things you read on a public forum. I personally saw people with signatures of one mining company furiously attacking another. I could easily find examples of such behavior.
My suggestion would be never to trust a company that has created their own forum for censorship purposes.
There's literally never been a case where a company made their own forum and they turned out to be entirely trustworthy/not scammers.
GAW has been accused repeatedly of being a ponzi by tons of expert bitcoiners, miners, and even GAW customers. Does that make it a fact? Of course not, but it's a strong hint.
2. "I can't prove it but it's GAW that has to prove they are not a ponzi"
You're wrong. It's the accusing side that has to provide proof, otherwise it can be viewed as slander.
GAW has dressed themselves up like a ponzi and you think I'm doing something illegal by stating the obvious?
Is it also slanderous to call the sky blue?
3. "They refuse to dispell the accusations so we will accuse them more"
This is a simple blackmail. You want to pressure them, they ignore you, so you're trying to launch a smear campaign...
Clearly you don't understand blackmail or freedom of speech. I'm free to have whatever opinion I like and so are you.
Only a complete idiot would think asking a company prove they are not a ponzi equals blackmail or a smear campaign.
What you are doing is excusing GAW's shady/unethical/unexplained behavior.
I estimate more than 100,000 btc has been lost due to bitcoin scams in the past year and easily preventable cloudmining ponzis make up a huge portion of that.
4. "They may have a data center full of miners, but it's not a proof they are mining"
Ok, so they are using them as really expensive heaters, be it your way.
It is evidence of mining I'll give them that, the question is with how much?
Are they mining with 60GH/s scrypt or 1 gh/s? Is it hosted miners or cloudmining?
Who knows. All you have to base your "investment" on is promises stacked on promises.
You can have your doubts or suspicions, but there's a big difference between this and what you're doing here. You're openly calling them something they are not, or according to your lack of proof, may or may not be.
So next time, be factual.
12 Warning Signs An Investment Is A Scam
http://www.forbes.com/pictures/mjf45egim/pay-attention-2/1.
High returns are "guaranteed."2. A fellow Baptist is pitching you.
3. A stock went public in a reverse merger.
4.
There's a claim of "breakthrough technology."5.
Numbers are hard to come by.6.
Investment methodology makes no sense or is unexplained.7.
Who's that auditor?8. A long-running offer isn't registered.
9.
Act now or else!10. Your money is going overseas.
11.
If all you're finding is favorable information put out by its promoters12.
It sounds too good to be true.Remember all GAW has to do is provide a mining address just like every other legit cloudmining company. There's absolutely no reason not to. (unless they have something to hide)
Oh yeah, and linking some "reputable" companies like KNC and Cointerra really helps here... Not.
Regardless of how shitty both companies are, they are not ponzis. They have proven they have hardware and it's time GAW does the same.
Please just stop supporting scammers. Even if GAW is legit, their business model setting a standard (or lack of standards) that allows scammers to thrive.
If you can come up with a single logical (and ethical) reason why GAW or any other cloudmining company might want to hide their mining address, then I'll leave GAW alone.
You got the nerve!
