Topic: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-) - page 200. (Read 262935 times)

cool such generuos i can't wait for updates.

$21/MH in BTC unibean and you can have my account   I have 102MH.

Let Suchmoon or whomever escrow it.

reading here getting this out, I'm a lost sheep who did get screwed before, and i do want to join the GAW's Hashlet mining clouds.
 send me a miner code as prices has gone up and currently out of stock.

It's great to see you kids get along. I have a feeling some posts may disappear like in that who's-fuller-of-shit spat earlier.

What does not have a brain? E-penis? Sorry didn't get your humor.

bitgeek, I was referring to what suchmoon said.

I am surprised that you have an e-penis but you do not have a functional brain (If you really believe that GAW has a 230GHs scrypt asic farm)

No worries - I'll be laughing at all you FUDer's all the way to the bank. Feel like I've already fed you trolls enough.

On noes its flextroll whistleblower again with his "tiny farm theory".
"I'm not saying my farm is bigger but GAW has a tiny one" Your e-penis just grew by an inch.

It's info. That's it. Anyone can right a creative scam thread. Post something with proof. Just once!

You suspect?  You should ask owners of this forum to check my IP address to see if it's the same as gaw_whistleblower's or MemCiD's.   Maybe you will still suspect I use VPN?

Does it matter if there are more people dislike/like GAW?     There are a lot of information we listed, use your brain, do your own calculation/thinking.   GAW is not doing that they told customer.

Second on this.  

I was not trying to say "My mining farm is bigger than yours". What I want to say is that, GAW does not have a proper mining farm, their tiny mining farm cannot support their claimed hashing rate.  

Legal or not, I roughly know how many miners they have purchased in the past.  Far far less than Hashlet claimed. On top of that, they were a resellers, they claim they have earned a lot of money by selling physical miners, so they will only have a small amount of miners for hashlet.

Also, they have not order miners from any of those Scrypt ASIC manufacturers for at least a couple of months (yes, I have talked to all four of them). How can GAW kept growing their farm with no new hardware?

If you really believe that GAW is capable of making their own secret scrypt ASIC chips (the vaultbreaker? ) then do some research and you will understand how difficult it is and why so many ASIC manufacturers failed to deliver.  Even if they could outsource everything, still it will take many months.   GAW only became a gridseed reseller in April. back then Josh was trying to team up with other small resellers to meet Gridseed's minimum order size. A couple of months later they started selling re-branded Zeus miners and pretend to be an ASIC manufacturer.

One easy way to prove once and for all its real....

Ownership of the block address

If they are mining coins, then they are finding blocks. Then those blocks's coinbase tx (vtx[0]) will contain their wallet address

They merely need to sign a message using an address found in one of their blocks to prove that they are mining.

Then, the block chain can be analysed, and a lot of those blocks should be found. They will 100% be able to provide all addresses for every coin they mine - as they will have received the coins.

This causes them 0 security risk and no personal information is required.

So.... Hashlets... PROVE YOU ARE MINING


note: If they are just trading money for money and "fabricating that people are renting a miner" - thats deceptive purchasing - and misleading the buyer is usually illegal. Regardless of whether or not people are making money from it.

Ultimately, if they are trading - and their trades are better than any multipool's payouts - they should just be honest about it.

Be like "pay us to make you more coins than you can mine anywhere"

We are somewhat light on new conspiracies here so let me throw some in 

Pool owners asked about missing hashrate - GAW "stopped" mining on said pools. Questions were raised about where the massive 250 GH/s hashrate is - ZenPool stats are down "for maintenance" for 2 or 3 days now.

GAW couldn't get any kind of hosted miner running reliably (Gridseed, Zeus, whatever) but the magic of Zen fixed that. Unfortunately it didn't fix their website (under maintenance as per above) or hashtalk forums or "payout servers", it's all very very flimsy and doesn't seem to match the glory of the company.

GAW have been "hiring" support staff for many moons now. But whenever you contact support it's still the same names, same clueless excuses, and same let's-close-your-ticket-and-hope-you-go-away attitude.

It's among planned features: http://gawminers.com/pages/hashlet

This should be interesting - what will be hashlet's real value (well not real but speculative I guess).


I haven't looked at it that way but I think that most of exchange volume is not newly mined coins, besides the number of mined coins wouldn't have changed too much due to difficulty adjustments. GAW would just have a larger piece of the pie but the pie did not get larger. It's interesting though that LTC difficulty stopped rising since a couple of weeks ago.

GHS is a different animal because it is like a financial instrument in that it can be traded instantly. If you are buying GHS and thinking you will make a profit off of mining you are an idiot and you should be buying an S3 or Asicminer. If you are trading them with strategic timing it is really easy to make money. Buying GHS is essentially a bet that the price of Bitcoins will go down, selling GHS is a bet that the bitcoin price will go up. Buying GHS is kind of like a weird way to short bitcoins.

For example, a couple weeks ago when the price of GHS hit ~0.0033 I bought 100 GHS because the bitcoin price started tanking. The GHS price jumped to ~0.0039 a couple of hours later and I sold them and made over 0.06 on the trade, plus whatever I mined.  Since each bitcoin was worth less, it took more them to buy GHS, thus the price per GHS jumped.

Hashlets are a completely different beast because there is no instant buy/sell marketplace. You are in it to make money from mining pure and simple. If the alt coin marketplace implodes there is no way to quickly offload your hashlets to save face, you are stuck riding the train to the bottom. Furthermore CEX has been transparent from the beginning in terms of showing that its hash power actually exists. You can look at the hashrate distribution on blockchain and see every block that it solves proving that its hashrate is indeed legit. Meanwhile GAW has completely hidden every traceable aspect of hashlets while paying out impossibly high rates.

Even the best explanations given for how ZenPool is able to consistently payout 150% do not add up (if you read the thread, GAW_CEO backs the theories up). And while they account for some of the difference, the problem is the consistency. If GAW really was using its market maker status to mine, hold and then trade strategically, some days the payout would be tiny, while others it would be huge.

This is actually the technique that was used back in the day (last December) to great success by h2odysee the admin of Middlecoin, one of the earliest multipools that exchanged earnings to bitcoins. In the beginning Middlecoin grew ridiculously fast (especially after the hashcows hack), it was the market maker of its day with a solid percentage of the total scrypt hashpower. Some days you would make less than mining litecoin, other days you would make an absolute killing when he made a strategic trade of an alt he was holding. The big days would more than make up for the bad days and it was wildly profitable compared to straight litecoin mining. After a bad streak and the rise of other multipools with better UIs and consistency (Waffle, Clever, etc), middlecoin lanquished, the admin quit and the site died. How is GAW able to use this same technique, yet every day have consistent payouts? It just doesn't make sense, especially with the alt coin markets doing so horribly these days.

One thing I haven't seen mentioned in this is thread is where is the exchange volume? We haven't been able to find the missing hashrate, maybe we can find the exchange volume? If the hashrate really is 250 ghs, the number of coins mined would be astronomical. They need to exchange them to bitcoins somewhere. Has cryptsy, bittrex or mintpal experienced huge volume growth since the hashlet launch?

(Full Disclosure I bought 15 mhs of hashlets when the price was 15.99 and I plan to ride it out to see how it goes)

At least one has... where is your flying saucer alienesb? 

This is bullshit.

















Tupac would have had to be hanging out there as well for me to believe this.

Ha, well this guy is back with another ID huh? Info coming soon! Aliens have landed! JFK and Elvis are alive with Kurt Cobain!

Yea he's been trolling all the forums laying out this huge scam accusation with no proof besides it'll come next week. He's likely a competitor. He's also been abusing multiple accounts to spread the FUD, but he has a hero account supposedly. But no one has seen it.

It's all baseless. The guys got serious mental issues.

It is with GAW:)