There are some interesting bits not directly related to NiceHash.
"I am about to upgrade [Prime] ... to 30-40GH" (not 40GH anymore)
"Where do you think the money to buy that hashing power comes from? Or profits."
(assuming he means "our profits")
The elusive hash power however will not be pointed outside of GAW. Literally disappointing.
He just replied.
https://hashtalk.org/topic/3906/prime-sha-hashletsOh four days ago.
I know that thread. I even quoted it somewhere. Your point?
I think he thinks your recent quotes are from that thread. I guess he can't read good. Luckily, there is a school for that.
In the topic of scamming, some of you said GAW can't be legit, because their pool has higher payouts than others.
Other pools like nice hash are now paying even more. Any new conspiracy theories?
LOL - did you not read the last few pages? That's been discussed.
No I didn't. I saw this and logged in here to post, because I remembered you used to talk about it. So you think this is due to somebody trying to cheat them? Interesting.
It's just a proof of concept. I doubt you could actually make money from it, unless you own > 10k hashlets.
NiceHash often has spikes of high profitability and has had them long before Hashlet. When GAW decoupled their third-party-pool-based payouts from actually mining on those pools they opened themselves up to this kind of risk. Now they are showing how they deal with this, by removing anything that's too profitable.
This is quite amusing.
I would hope that GAW customers begin to ask themselves if this is a rigged game. They do not disclose rules at the start, then when rules are discovered or arm-twisted out of them, they feel free to change them if it makes GAW more money.
They then tell you they are taking your payouts away from you "for your own good."
If you buy an index on the stock market, and then also buy a considerable amount of shares of one of its largest holding, then the index is sure as hell not going to tell you that it went up too much and they will no longer pay out.
Why not? Because in the stock market example
the index actually owns or has a stake in its holdings or at least tracks to those holdings. GAW, on the other hand, is only willing to track a pool if that pool performs poorly.
As a customer, not knowing where GAW's profits comes from makes you unable to judge if any of their products are smart investment because you have no information on what their value is pegged to. If you thought that a nicehash solo miner would track the pool, so bought it because the pool was doing so well, then you just got shafted by GAW. This problem exists because GAW will not disclose what actually determines its profits.
This is the problem with GAW's lack of transparency (it can hurt their customers) and the reason this thread exists.
