Ok, the announcement is there, I think I'll be updating the OP tomorrow.
I don't quite understand the pricing though. $1 per GH/s is quite steep. $0.02 maintenance per 10 GH/s per day adds up to $0.06 per GH/s per month. If I plug those numbers into any Bitcoin calculator it will never ROI if diff increase is 6% or more. Am I missing anything? Is there ZenPool for SHA256 that pays 50% extra?
Topic: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-) - page 168. (Read 262935 times)
September 05, 2014, 09:48:46 PM
September 05, 2014, 09:46:18 PM
That link does not seem to load.
Anyway, if they mine at 40GH, but with the usual 25% fee then it would take ~61 days to ROI on a $15.99 hashlet. Same as scrypt.
edit: is hashtalk down again?? Weird how they can't get a webpage to stay up but are all Mr. Business all over the mining industry.
Anyway, if they mine at 40GH, but with the usual 25% fee then it would take ~61 days to ROI on a $15.99 hashlet. Same as scrypt.
edit: is hashtalk down again?? Weird how they can't get a webpage to stay up but are all Mr. Business all over the mining industry.
September 05, 2014, 09:40:57 PM
GAWMiners introduced the Genesis bitcoin cloud miner this evening. Cost is $10 per 10 GH/s. Fees are $.02/day per 10GH. Should ROI in four months, quicker if bitcoin price increases.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
Where is the 40GH? I don't see that in the announcement.
edit: Well, now GAW can hide their hashrate in the gigantic bitcoin network. Mission accomplished! They should have done that from the start as it makes the awkward questions more difficult
https://hashtalk.org/topic/3906/prime-sha-hashlets coming next week
Fucking shit... You beat me to it by milliseconds. I had just found the thread and was about to post it.
Hells yeah for the conversion, I have 80+mhs just waiting to flipped over and they will supposedly be able to be switched at will, so when btc difficulty out paces scrypt, flip it back.
September 05, 2014, 09:39:40 PM
GAWMiners introduced the Genesis bitcoin cloud miner this evening. Cost is $10 per 10 GH/s. Fees are $.02/day per 10GH. Should ROI in four months, quicker if bitcoin price increases.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
Where is the 40GH? I don't see that in the announcement.
edit: Well, now GAW can hide their hashrate in the gigantic bitcoin network. Mission accomplished! They should have done that from the start as it makes the awkward questions more difficult
https://hashtalk.org/topic/3906/prime-sha-hashlets coming next week
September 05, 2014, 09:38:47 PM
GAWMiners introduced the Genesis bitcoin cloud miner this evening. Cost is $10 per 10 GH/s. Fees are $.02/day per 10GH. Should ROI in four months, quicker if bitcoin price increases.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
Where is the 40GH? I don't see that in the announcement.
edit: Well, now GAW can hide their hashrate in the gigantic bitcoin network. Mission accomplished! They should have done that from the start as it makes the awkward questions more difficult
Actually it makes it easier on us, unless they use some washing machines to clean the coins. IF they are mining on any of the available sha pools we should be able to backtrace the coins from the withdrawal wallets to a generation transaction.
September 05, 2014, 09:22:44 PM
GAWMiners introduced the Genesis bitcoin cloud miner this evening. Cost is $10 per 10 GH/s. Fees are $.02/day per 10GH. Should ROI in four months, quicker if bitcoin price increases.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
Where is the 40GH? I don't see that in the announcement.
edit: Well, now GAW can hide their hashrate in the gigantic bitcoin network. Mission accomplished! They should have done that from the start as it makes the awkward questions more difficult
September 05, 2014, 09:19:56 PM
I sold my hashlets yesterday, but noticed I have no payout now for today
Since we are paid about 16 hours after we "mine," there should have been one. Contacting support...let's see how much of a hassle this is.
GAW certainly does not do details well.
Since we are paid about 16 hours after we "mine," there should have been one. Contacting support...let's see how much of a hassle this is.
GAW certainly does not do details well.
I sold mine as well and noticed this. I doubt we will see any cash back. They will come up with some stupid excuse.
September 05, 2014, 09:18:36 PM
I just did some quick calculations and anyone who bought Hashlets at $16 has one hell of a bitcoin cloud miner as soon as they can be switched over to SHA-256. A $16 Hashlet mining SHA-256 at the 40 GH/s promised would return 23% per week with ROI is about a month.
September 05, 2014, 08:50:37 PM
I hope we get the ability to split up the hashlets if we combined them.
September 05, 2014, 08:49:22 PM
GAWMiners introduced the Genesis bitcoin cloud miner this evening. Cost is $10 per 10 GH/s. Fees are $.02/day per 10GH. Should ROI in four months, quicker if bitcoin price increases.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
They also announced that the original Hashlets bought at $16 per mH will also be able to mine SHA-256 at 40 GH/s or $0.40/GH/s. That is exceptional performance/price for bitcoin cloud mining. For comparison the Antminer S3+ coming out this month will be available at $350 hosted or about $0.80/GH/s.
September 05, 2014, 05:38:47 PM
I sold my hashlets yesterday, but noticed I have no payout now for today
Since we are paid about 16 hours after we "mine," there should have been one. Contacting support...let's see how much of a hassle this is.
GAW certainly does not do details well.
Since we are paid about 16 hours after we "mine," there should have been one. Contacting support...let's see how much of a hassle this is.
GAW certainly does not do details well.
September 05, 2014, 05:16:29 PM
I just noticed something - the daily fee on my wafflet is ~50% of its earnings. I understand it's a gift horse and all that but I wonder what happens if it starts closing in on 100%. I hope I can discard it somehow.
It's ~33.2% for yesterday's Cleverlet. For a Zenlet, it was ~23.8%.Meantime, payouts and maintenance fees are done, balances are done, but withdrawals are very delayed. Used to take 0-2 minutes; now it's at least 22 minutes. Going to wait the hour out to see.
They already said once Solos are no longer profitable they will up to the next pool.
Do you have a link? I think something like that was said about the pool closing down or having some other issues, but I don't remember seeing any explanation of how exactly profitability will be maintained.
September 05, 2014, 05:12:47 PM
I just noticed something - the daily fee on my wafflet is ~50% of its earnings. I understand it's a gift horse and all that but I wonder what happens if it starts closing in on 100%. I hope I can discard it somehow.
It's ~33.2% for yesterday's Cleverlet. For a Zenlet, it was ~23.8%.Meantime, payouts and maintenance fees are done, balances are done, but withdrawals are very delayed. Used to take 0-2 minutes; now it's at least 22 minutes. Going to wait the hour out to see.
I'm noticing similar problems with the payouts... Although I only own 2 hashlets (1 from the giveaway) this annoys me... Let's see what their excuse is going to be this time.
September 05, 2014, 05:07:52 PM
I just noticed something - the daily fee on my wafflet is ~50% of its earnings. I understand it's a gift horse and all that but I wonder what happens if it starts closing in on 100%. I hope I can discard it somehow.
It's ~33.2% for yesterday's Cleverlet. For a Zenlet, it was ~23.8%.Meantime, payouts and maintenance fees are done, balances are done, but withdrawals are very delayed. Used to take 0-2 minutes; now it's at least 22 minutes. Going to wait the hour out to see.
They already said once Solos are no longer profitable they will up to the next pool.
September 05, 2014, 04:28:03 PM
actually, i just found this thread. it seems someone else mentioned it belonging to sfire and then someone misinterpreted as belonging to zen and then the rumor spread. my apologies
https://hashtalk.org/topic/2516/zenpool-howdeedoodat-some-thoughts/
https://hashtalk.org/topic/2516/zenpool-howdeedoodat-some-thoughts/
Ah, the infamous hammer thread. Sorry to divert this into another direction but that thread is so horribly mangled by the forum migration that it's almost impossible to read. Quotes bastardized, reply links disappeared, images shown as HTML. I think it would have been much better if they started the new forum from scratch and left the old one in read-only mode on http://old.hashtalk.org. Either that or hire me for data migration
September 05, 2014, 04:27:33 PM
I just noticed something - the daily fee on my wafflet is ~50% of its earnings. I understand it's a gift horse and all that but I wonder what happens if it starts closing in on 100%. I hope I can discard it somehow.
It's ~33.2% for yesterday's Cleverlet. For a Zenlet, it was ~23.8%.Meantime, payouts and maintenance fees are done, balances are done, but withdrawals are very delayed. Used to take 0-2 minutes; now it's at least 22 minutes. Going to wait the hour out to see.
September 05, 2014, 03:48:35 PM
actually, i just found this thread. it seems someone else mentioned it belonging to sfire and then someone misinterpreted as belonging to zen and then the rumor spread. my apologies
https://hashtalk.org/topic/2516/zenpool-howdeedoodat-some-thoughts/
https://hashtalk.org/topic/2516/zenpool-howdeedoodat-some-thoughts/
Ah, the infamous hammer thread. Sorry to divert this into another direction but that thread is so horribly mangled by the forum migration that it's almost impossible to read. Quotes bastardized, reply links disappeared, images shown as HTML. I think it would have been much better if they started the new forum from scratch and left the old one in read-only mode on http://old.hashtalk.org. Either that or hire me for data migration
September 05, 2014, 03:33:36 PM
I just noticed something - the daily fee on my wafflet is ~50% of its earnings. I understand it's a gift horse and all that but I wonder what happens if it starts closing in on 100%. I hope I can discard it somehow.
by the time the fee gets close to the earnings, they'll figure something out, like an upgrade, or reduce the fee a bit, or something. you will not have to start paying them, I can almost guarantee that September 05, 2014, 03:20:24 PM
Question: is GAW mining on any pools other than ZenPool?
A: Almost definitely not.
when the hashlets were announced, they published an Zen address with clevermining. that address quickly went from 70Ghs or so to over 140Ghs. We can't obviously proove it belongs to them, but in my book, that would change the answer to: "they have at least provided some evidence that they mine, at least partially, in clevermining"A: Almost definitely not.
Do you have that address?
Exactly the same idea here!
[edit] CM does 112 Ghs, so 140 wouldn't be possible
http://clevermining.com/users/1BT9cPLGRep7nXnvo9JoXn6H7sSd5Em2WE
That is sfire's address:
https://bitcointalksearch.org/topic/m.5982454
It starts before GAW sold their first Gridseed. You could see it on Middlecoin back in December too. I doubt it's related to GAW.
actually, i just found this thread. it seems someone else mentioned it belonging to sfire and then someone misinterpreted as belonging to zen and then the rumor spread. my apologies
https://hashtalk.org/topic/2516/zenpool-howdeedoodat-some-thoughts/
September 05, 2014, 03:13:35 PM
I just noticed something - the daily fee on my wafflet is ~50% of its earnings. I understand it's a gift horse and all that but I wonder what happens if it starts closing in on 100%. I hope I can discard it somehow.
by the time the fee gets close to the earnings, they'll figure something out, like an upgrade, or reduce the fee a bit, or something. you will not have to start paying them, I can almost guarantee that Jump to: