This has become the world's most boring thread ...
Thanks for contributing!
Have you been reading the last few pages? HT cheerleaders came in and answered a few questions posed by myself and others. Then the CEO of GAW came in and said some candid responses. Was pretty entertaining..
Let's sum up the last few pages for the later comers..
1) GAW still refuses to release their mining address due to "personal reasons". "Want the honest answer? I have no interest in people knowing how much power we have. I have my reasons for it, and its ok if you can not come up with that they might be. I am in a different position then anyone here, so its only natural that I am going to have a different perspective on some things."
We all know has miners but maybe they don't have enough to justify payouts? If that's true then it would definitely sink the ship and is a good reason why he won't give it out. Occam's razor usually works in this case.
2) No response as to why payouts does not go to a recent block creation. Payouts are mixed in a hot wallet with new/old coin. This could be legitimate, but it doesn't help transparency which his needed in Cloud Mining.
3) ZenPool negotiations have finished but payout rates haven't been restored. GAW CEO States,"I can tell you as of this morning, we are producing almost twice the payout amounts we need to meet the requirements of our customers." He also states " have am planning on changing this entire structure very soon. I am making all the maintenance changes at one time."
Bold text doesn't make sense. If you are producing TWICE the payout amounts, where is the extra going? Stuffing your pockets? Maybe payouts were cut intentionally so they could take in all the BTC needed for development of PayCoin? I guess time will tell what happens to Zens. According to twitter, there is a plan for Zens to be upgraded to the new Hashlet.
4)
Shadow bans are due to a bug in HT software and are not intentional. CEO states
"There have been many cases account have been banned by accident. I have seen a dozen or so accounts that this has happened to, and I think its a technical issue, my developers still can not provide reason. In either case, I apologize you were banned in error, I have already reversed it. Long and short, we do make mistakes. Whether human error or system."
Ill end with this..
Whether you guys believe it or not, I want the same thing you guys do. For crypto to be successful.
I really hope this is true because if this does turn out to be a big scam/ponzi it will be terrible for everyone involved.