Here's a rant I pretty much agree with:
Whatever you do, don't say that over there.
They go on and on about everything Josh has "done for us", and how "any day now" ZenPool is going to "rebound".
The problems. They're all all temporary, see. (Sure.) If you wait just a LITTLE longer, the new "features" will come and we'll all just be rolling in the BTC, and all the doubters will be so, so sorry. (Uhuh. Right.)
Tons of promises. SHA on Primes. Project Prime. Nebulous "feature upgrades" wink wink nudge nudge. Pull the lever and see if you win. Press a button like a trained lab rat on the miner you paid $50/Mh for and you get 1.25Mh/s for the day instead of 1Mh/s for the day. Red rockets. Trade miners as if they were coins themselves. Halloween Zombie Hashlets!! (Oh my god. Give me a f**king break.)
Josh says "if you don't like that, leave" - but a lot of us invested when it was just damn plain old mining. So we're already "in", before things went full retard. But I guess a lot of people really would rather have "FUN" and "INTERACTIVITY" versus ROI, because mining's gotta be like Farmville.
And the forum - don't get me started on the forum. If you get upvoted, you get money. If you get dowvoted, you lose money. Right outta your account. (Okay. hashpoints, which are 1 cent each. Now you can mine those, too! Store credit! It's digital GAW-only fiat, and people are "mining" it! And thanking Josh for the privilege!) If the CEO likes your post, you get a dollar, like a good boy who finished his supper. If too many people downvote you, you get banned. Automatically. No human intervention.
In fact, I should stop talking here - I'd hate for my GAW account to fall down the stairs and have an accident. I firmly believe that kind of crap is going on over there.
And I really used to be a GAW fan.
Writing's on the wall. Remember, investors who had just been fleeced stood outside of Ponzi's office supporting him right after he took all of their money, too. Many of them even offered him more.
The magical unicorn dust is starting to wear off, and very soon now - it's really not going to be pretty.
Thank you. This is unfolding quickly due to the fast pace GAW seems to try to maneuver at.
To me, the first sign was the rapid and ridiculous increase in Hashlet Primes (originally just "hashlets", which started out simply as cloud 1Mh/s Scrypt) from $16 to $25 to $30 to $40... When the jumps to $30 and $40 happened, Josh began "hinting" that Primes would be worth a ton someday, due to "Project Prime" (originally set to be revealed Oct. 23) that he had in store.
This started a little bit of a buying frenzy, and Josh unbelievably raised the price to $50. That $50 bought you 1Mh/s of Scrypt, and untold Mh/s of "nudge nudge, you'll-be-glad-ya-did" vague "promises" that Prime would somehow be worth more than the $50 you paid.
People bought.
"Project Prime" never happened.
Primes were discontinued and pulled from the market (Probably on legal advice, as he baited people to buy them with blue-sky promises, when they actually did not do anything more than a ZenHashlet.)
Those who bought $30, $40, $50 "Primes" were left holding the bag.
Josh doesn't really talk about "Primes" anymore, now that they aren't sold.
He added a few buttons to Primes, that allows you to get a 1.05-1.25 Mh/s per day rate (boost and double dip) IF you remember to log in and twaddle with your miners. He claims that the real value in Primes are that they are worth $50!! (Fiat, anyone?) - and you can sell them on the marketplace. Like his "Legendary Hashlets", they're "worth more because they're worth more" and are "Rare". Most of the people still standing at Hashtalk still champion this idea of "miners as a currency", for no reason whatsoever. Likely hoping for a $1 upvote from Josh.
Primes still don't actually DO anything special, except for a few worthless "fun buttons". They are expensive Zen Hashlets.
The next mirage to dissolve was ZenPool, the pool that paid nearly twice what every other pool did! Magically! Of course, Josh is saying right now that this is only "temporary". But you too can now buy 1MH/s of mining for $21, whereas the rest of the world is charging $7 to 15 (some even $5), for the privilege of having the Pool with a Promise!
The Promise that sometime soon, it'll pay "a lot more" again! (Josh is never specific.)
The crowd at hashtalk worships the ground he walks on. He of course can do no wrong, and is tirelessly breaking his back for the little guy. (sure.)
He made a bold announcement that he was going to take other companies to task, and "bring back ROI". Right now, GAW has the highest entry fee and lowest ROI of any cloud mining option out there.
The emperor has no clothes. This is all going to hit the wall soon.
https://www.reddit.com/r/GAWMiners/comments/2kamlm/wtf_is_going_on_with_zenminer/