Topic: GAW Hashlets vs CEX GHs - page 2. (Read 4976 times)

guys u should check out LTCGear 160MHs is 850$ with the cupone "anniversary1yr" so about 5$~1MH/s

If you use my affiliate link which is in my signature i give you 1 MH/s free:)

I think this post mainly covers it:
https://bitcointalksearch.org/topic/m.9129458

If you're interested in MINING and getting a steady profit from your shares pick GAW.
If what you're looking for is an EXCHANGE, where you can profit from trading pick CEX.

I´m disappointed in cloud mining. But I still use cex.io as online wallet for Doge, LTC, DRK, etc.
CEX doesn't have lower limits for deposit, so I just use it for withdrawing coins from different faucets.

Hi.

If you want, take a look at my daily videos I am doing on Youtube at the moment or keep an eye on the thread I have linked to, as I tend to post the daily payouts there.

https://bitcointalksearch.org/topic/m.9165054

I have purchased SHA256 contracts with Genesis Mining and GAW Miners.

My contract with Genesis Mining was 10 GH/s and my Genesis Hashlet was 10 GH/s but then was upgraded by free to 15 GH/s

I post my payouts daily so you can see what the payouts I am getting are like, so you can at least get an idea about daily payouts at the moment.

Thanks

Ian

If you're looking at SHA mining, don't even bother. But cloud scrypt mining is doing great!

I've got a couple of hashlets and I'm heading quickly towards ROI.

who the best gaw or cex?? and how about fee ??

The minimum would be an S3 or S4, but you have to take noise and heat into consideration. If you're not prepared to deal with it, buy a cloud contract.
USB erupter is not worth the money.

If you want to experiment, you should buy the real asic like usb erupter. Cloud mining won't let you understand much..

The general consensus @ GAW (full disclosure i am a customer and holder of zens, primes and gens) is that for the short term: go with Zens. For long term, due too features (both present and future) go with primes.

Lurk on hashtalk and see for yourself. Everyone is pretty open about what they do and why they do it.

I cannot speak on cex. I've never used them.

Good luck.

Zen hashlets traditionally offer the best chance of ROI for any Scrypt hosted miners on Zenminers.

They are also the most effective hashlets in terms of percentage of power costs.

The genesis hashlets are also quite a good option if you want to do bitcoin cloud mining.


All hashlets will probably get additional features soon, but as GAW has seen a massive increase in customers and demand, they have decided to first do some backend optimisation before releasing new features.

I agree with Unacceptable's advice here to go with the Zen.  The Primes are way over-priced for the "extras" they offer.  The Genesis (SHA-256) Primes are not terrible, but payout-wise are edged by the Zens.

GAW is also a highly ethical company in my opinion, so from that standpoint I would also prefer dealing with them.

They always take their customers advice seriously and are hoping to massively improve the hosted /cloudmining market.

As far as i understand it is possible that this is a very fast node connected to many other nodes.

If you get any GAW hashlets,get the Zens,much better than sha 256 or waffle,nice or any other.Primes are ok,but way overpriced IMO  

My Zens will ROI in about another 4 weeks,15mh bought 1.5 months ago  

Read this review,it's pretty detailed & has been going on for quite awhile:

https://bitcointalk.org/index.php?topic=768281.160

I must say, I am impressed with jonnybravo0311 detailed reply. Thank you very much.

Also a thanks to the other replies, it was much better than the first one.

A follow up question: Based on the info here, I have decided to go with GAW. Only thing is, I am not sure what Hashlets would be the best investment.

Any advice?

do not buy and hold at cex, do that some where else, theres a very very high probability u will regret that choice. dont even think that ur gonna be one of the early dumpers and escape  the loss. it happens very fast. trade at cex  if u got the  skills ,its not for everyone.but dont do any hodling there  ,unless u have a  near perfect strategy.

Well, let's compare apples to apples.

GAW charges $8.95 (current conversion of $340 per BTC makes this 0.0263BTC) for a 10GH/s Genesis Hashlet.
CEX.io charges 0.00266BTC per GH/s, so the same 10GH/s will cost you 0.0266BTC.

Advantage GAW (at current rates).  CEX.io could take the advantage if the conversion rates go down or price per GH/s goes down.

GAW has a $0.01 per 5GH/s per day maintenance fee, so $0.02 per day for our 10GH/s.
CEX.io has a $0.105 per GH/s per month fee, so $0.03 per day for the 10GH/s.

Advantage GAW.

GAW allows you to switch pools with your Genesis (between BTCGuild, NiceHash and MultiPool).
CEX.io mines on GHash.io.

Advantage GAW.

GAW will buy back your Genesis for 80% of what you paid.
CEX.io allows you to sell any or all of your GH/s at current market price.

Advantage CEX.io unless the price of GH/s drops over 20% from when you purchased it, then advantage back to GAW.

GAW gives you HashPoints, which can be used towards Hashlet purchases, or to use add-on features (not currently available for Genesis, only for Primes).  Further, GAW allows you to setup an auto-purchase that gives you 5% off purchases.
CEX.io has nothing of the sort.

Advantage GAW.

Because of the different pools and different rates each of those pools pays, GAW requires you to constantly monitor your Genesis to ensure you've got the best pool chosen.
CEX.io only has a single pool, so no need to babysit it.

Advantage CEX.io

GAW offers multiple different kinds of Hashlets, corresponding to different pools (ZenPool, MultiPool, WafflePool, etc) and each of those Hashlets is offered at a different price point.  Further, the Prime allows you to switch between any of the aforementioned pools.
CEX.io only offers BTC cloud mining.

Advantage GAW

GAW makes all payouts to your account in BTC regardless of which Hashlet your choose.
CEX.io only allows BTC cloud mining, so all payouts are BTC.

Tie

GAW has a marketplace where you can buy/sell Hashlets.
CEX.io has a marketplace where you can buy/sell GH/s.

Tie

GAW does not have an exchange.
CEX.io has an exchange, so you can trade your DRK, LTC, DOGE, whatever.

Advantage CEX.io

I'll let the OP draw his own conclusions from the above comparison between the two.

Yes there are no pool fees when mining with Hashlets and the cost of running goes down as difficulty rises.
GAW also allows you to trade. They have a very basic marketplace for now, but I heard they are planning to improve it.

CEX is only profitable if you're trading, their mining prices are probably the highest on the market.

Let's forget for one moment about ROI and focus on what the two operations offer.

GAW has no pool fees, but is this applicable to the cloud mining, when I buy Hashlets?

CEX/Ghash has high maintenance fees, but have trading options.

If you say, one of the options are better, please substantiate, why you are saying that.  ^smile^

Well, hashlets seems to be way better compare to cex but both is unprofitable..