Topic: DELETE PLEASE - page 2. (Read 6017 times)

Get out of my thread, stop advertising and supporting your scam company here.
This thread is here to warn people of GAW's scams..

Don't you wonder why there are dozens of people calling them scammers on here, including hero members?

Get out of my thread, stop advertising and supporting your scam company here.
This thread is here to warn people of GAW's scams..

Don't you wonder why there are dozens of people calling them scammers on here, including hero members?

I dunno man, you put a lot of trust into these guys.  Good luck with that.

And I keep getting my payouts... If this is some kind of scheme they better start running or we'll all profit.

Before I joined the crypto community I didn't know that people here are so fearful and suspect a scam in every investment.
We are dealing with one of the most unstable comodities in the world, so I expected to see more confidence.

You highlighted the wrong parts:

"You understand that Hashlets are virtual service units related to mining services, but are not mining hardware. Hashlets earnings depend on the pool chosen and Payouts reflect respective Pool Payouts. Selecting a Pool does not imply physically or electronically mining at the selected Pool. Rather, selecting a Pool determines a Payout corresponding to a calculation based on the selected Pool’s payout (based on, for example, real-time Megahash/second/day calculations). A Hashlet is virtual software. You will receive Payouts according to the Pool with with the Hashlet is associated. You expressly understand the the Company’s sole obligation to You is to Provide a Payout based on the Pool you choose. It may take 24-48 hours for your Hashlet to appear on Your Portal. Company reserves the right to refund You, and terminate services, at any time and for any reason. All sales are final. Pricing of Materials and Services is subject to change, at Company’s sole discretion, at any time, including after you have purchased Materials and/or Services (including Hashlets). Adding an item (such as a Hashelt) to a “cart” does not “lock in” a price. Maintenance fees may be adjusted up or down by the Company at any time and for any reason. Your Portal may not always be available."

I don't about this poster or the credibility of his specific claims. The Hashlet specifically though seems incredibly questionable.

I'm not a troll, or was I paid by anyone..
I was scammed for $15,000 by GAW.. that alone pissed me off and I'm not going to stop until they go down.
I'm just waiting for the class action lawsuit so I can claim my share.

They definitely started a ponzi scheme in the wrong market.

Their "new" TOS that you MUST agree to:


If that doesn't yell Ponzi... what does?

If that doesn't yell Ponzi... what does?

Have you guys ever considered that maybe something could be better by just doing things better?

Why is it hard to believe that a company generating close to 500k a day in revenue would not be able to figure out a way to be far more profitable then say a pool like clever miner, where they generate 1k a day in profits. Or how about the fact that most pools are run by "regular" guys, with no professional training, that just decided to start a pool. My pools are run by some of the most highly trained businessmen in the world (no offense).

It just baffles me that its even remotely hard to understand how a company with 1000x the resources of any pool on the planet can be more profitable. In my opinion, this is the least difficult thing to figure out in our entire company.

In any case, I did an interview yesterday where I spoke to some detail about how we divide up our hashing power. I spoke to how we lease it to private companies, private pools, day trading we do, etc

I think many of you will be disappointed that its not as "cool" or "unbelievable"as you might think. Its just leveraging scale and thinking outside of the box

This guy has many accounts here and this is not his first thread about GAW.

First he came here and made a thread where he called gaw a scam, but deleted it when asked for a proof. He said he'll get proof and come back. He then made a new account and started to promote his own mining operation saying it's bigger, better and more real than GAWs. This is his third attepmt.

Before you start dancing to his music just take a look how old his account is and what his posts are about.
He just registered here and wrote 21 posts in 2 days, all about how bad GAW is, if you think this is just a simple scam accusation, think again

I've lost $15,000 with GAW and I have no chance of ever ROI'ing, that's when I started investigating them. There will be a huge amount of info released about them in the next coming week. I will post new details on here as I get it.


GAW can't provide basic proof that they're actually mining anything and that alone is a scam.
Why don't they shut down their 250GH/s of hashing power for 2 minutes and prove that they're actually mining, how can that hurt? Lose a thousand dollars to keep everyone happy? Sounds fair to me! They just feed lies to idiots (like myself) to obtain money from them.

Anyone can take pictures of data centers, anyone can claim anything but as far as I know they're just a ponzi until they can prove otherwise.

When ZenCloud claimed to be mining on various popular scrypt pools, all the pool owners came upfront(Multipool.us, nicehash and coinking.io) and asked questions as to why Josh and Eric claimed to have "special" arrangements with the owners of the pools, when they've yet to ever hear from either of them before. As soon as questions came up and people became suspicious... ZenPool was created within a week and it beats the payouts of any pool.
ZenPool has no proof of existing anywhere and their hashrate can't be seen.

I'm not even sure why they have a digital picture for said "hashlet" when all it is a program that imitates hashing. Sounds like a huge marketing scheme.

GAW's claims make absolutely no sense, if they had the hashrate they claim to have and magical miners that can switch algorithm(which is an easy cover-up because their scrypt hashrate doesn't coincide with the net hashrate) why would they be selling hashrate, they would make more money mining themselves.

If GAW/ZenCloud was a ponzi scheme it would actually make sense on a business level and I can see where they make their profits.

They have enough hash power to mine ($50,000/Day) ($1,500,000/Month) minus power costs/employees and rent. And they want to sell their hash power to individuals which involves maintaining a site, dealing with customers, dealing with credit card fraud, employing more people and all that jazz for what reason? Whats the edge? I don't understand....
The ONLY reason why they're doing this is because they don't have 250GH/S to mine with. Maybe they're going to take all the ZenCloud hosting sales and buy that amount of hardware?
 
As a American I hate to see another American company deceiving and taking advantage of people, don't we have enough companies that do that?

Save your money and don't invest in this Ponzi until they can prove otherwise... as you're just contributing to crime.