Topic: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-) - page 212. (Read 262935 times)
August 23, 2014, 09:49:16 PM
August 23, 2014, 09:44:20 PM
inb4 this ^ gets deleted
Why...
What are they hiding...
ZiG
August 23, 2014, 09:40:18 PM
inb4 this ^ gets deleted
August 23, 2014, 09:36:39 PM
Some interesting house cleaning is going on here. There is this self-moderated thread about hashlets: https://bitcointalksearch.org/topic/gawminers-hashlet-digital-cloud-miner-available-816-741838
Starting post of that thread:
(image replaced with a copy to preserve it)
There were 5-6 pages of mostly positive posts. All of it was deleted by the OP. Thread locked. Really strange. I posted three times in that thread, here are the poor homeless posts:
https://hashtalk.org/t/hashlet-mining-has-finally-evolved/6125
https://hashtalk.org/t/hashlet-mining-has-finally-evolved/6125
Yeah...right...
This is the biggest lie so far...
Do you believe it...
ZiG
With all my heart.
It can't possibly be a lie, the CEO said it.
Starting post of that thread:
GAWMiners introduced their new digital cloud miner Hashlet today. Thread started to provide information and data on return on investment. If you own Hashlet please post your experiences. No trolling please.
http://i.snag.gy/ZaOB3.jpg
http://i.snag.gy/ZaOB3.jpg
(image replaced with a copy to preserve it)
There were 5-6 pages of mostly positive posts. All of it was deleted by the OP. Thread locked. Really strange. I posted three times in that thread, here are the poor homeless posts:
Did they really say profitability is guaranteed? I saw the advert saying "always profitable" but I don't think it means that if you don't ROI you'll get your money back.
Anyway, they are offering a much better deal than any other similar company.
Anyway, they are offering a much better deal than any other similar company.
https://hashtalk.org/t/hashlet-mining-has-finally-evolved/6125
Did they really say profitability is guaranteed? I saw the advert saying "always profitable" but I don't think it means that if you don't ROI you'll get your money back.
Anyway, they are offering a much better deal than any other similar company.
Anyway, they are offering a much better deal than any other similar company.
https://hashtalk.org/t/hashlet-mining-has-finally-evolved/6125
Quote
We’ve produced a miner incapable of negative ROIs
Yeah...right...
This is the biggest lie so far...
Do you believe it...
ZiG
With all my heart.
It can't possibly be a lie, the CEO said it.
POST #3
Is there anywhere to find out which pool is the most profitable to use for my hash let?
Thanks.
Thanks.
Not directly. But you can briefly assign each pool to your hashlet and see the estimated payout, just be aware that it's based on the last 24 hours and may not be the same in the next 24 hours. Hint: ZenPool is supposed to be the most profitable for hashlets.
I got all of mine ...7 (seven) posts deleted too...
Most of them warning you of "possible risk involved" ...investing in "Hashlet(s)" = VIRTUAL MINERS... OK...
Like this one...
Deleted Post
« Sent to: ZiG on: Today at 01:22:10 AM »
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Quote
Quote from: DARKANGEL6415 on August 23, 2014, 05:49:44 PM
Quote from: xephyr on August 23, 2014, 03:27:56 PM
Here is a photo of one of GAWMiners mining farms from the CEO Josh Garza:
WOW i all i can say looks so nice i would like to have even just 1% of that mining farm Cry
"end of quote"...
My responce...:
Looks more like warehouse stocking some "goods" ..."miners", than "running mining farm"... Grin
Where are the cables ...power, Ethernet/USB, Internet...routers, hubs, etc...power supplies... Huh
Plus all the boxes are too close stocked to each other...I could NOT imagine how mining could be done in such high density shelves ... Wink
ZiG
August 23, 2014, 09:33:55 PM
where is the info about how much of LTC hashrate it has?
i understand concerns but since i had so many deals with GAW i dont feel like they would end up as ponzi in the end. if they wanted they could just sell miners till end of BTC.
i understand concerns but since i had so many deals with GAW i dont feel like they would end up as ponzi in the end. if they wanted they could just sell miners till end of BTC.
That's the problem, there is no evidence of GAW/Zen mining LTC or any other coin to any significant extent, or participating in any of the existing pools. That kind of information would be much easier to supply than pictures.
I agree that GAW is or was a legitimate business as a reseller, support and logistics issues notwithstanding. This hashlet business however has raised a lot of questions and not a lot of answers.
August 23, 2014, 09:20:50 PM
but whats the problems here?
they DO pay, they have good history, they have known by name and surname people.
whats is the problem here mainly?
lets even say that their pool is so good because ie they make their own coins, mine tchem, pump and dump - still thats doable too
i mean as long as you get paid more than any other spot, there is no problems
they DO pay, they have good history, they have known by name and surname people.
whats is the problem here mainly?
lets even say that their pool is so good because ie they make their own coins, mine tchem, pump and dump - still thats doable too
i mean as long as you get paid more than any other spot, there is no problems
Assuming that things like business ethics don't exist or don't matter, i.e. we don't care about misleading claims and false advertising:
The problem is that the source of payments is not sustainable based on what is known so far about ZenCloud/Hashlets. For example the mystery coin/pump'n'dump can't exist based on network hashrates and exchange volumes. ZenPool is currently at 180 GH/s, which is 20-25% of LTC hashrate, or far higher than all other Scrypt coins combined, or > 100 BTC PER DAY at current payout rate.
So "as long as you get paid" may not be long at all or not sufficient for the "guaranteed" ROI.
i understand concerns but since i had so many deals with GAW i dont feel like they would end up as ponzi in the end. if they wanted they could just sell miners till end of BTC.
August 23, 2014, 09:16:02 PM
Some interesting house cleaning is going on here. There is this self-moderated thread about hashlets: https://bitcointalksearch.org/topic/gawminers-hashlet-digital-cloud-miner-available-816-741838
Starting post of that thread:
(image replaced with a copy to preserve it)
There were 5-6 pages of mostly positive posts. All of it was deleted by the OP. Thread locked. Really strange. I posted three times in that thread, here are the poor homeless posts:
https://hashtalk.org/t/hashlet-mining-has-finally-evolved/6125
https://hashtalk.org/t/hashlet-mining-has-finally-evolved/6125
Yeah...right...
This is the biggest lie so far...
Do you believe it...
ZiG
With all my heart.
It can't possibly be a lie, the CEO said it.
Starting post of that thread:
GAWMiners introduced their new digital cloud miner Hashlet today. Thread started to provide information and data on return on investment. If you own Hashlet please post your experiences. No trolling please.
http://i.snag.gy/ZaOB3.jpg
http://i.snag.gy/ZaOB3.jpg
(image replaced with a copy to preserve it)
There were 5-6 pages of mostly positive posts. All of it was deleted by the OP. Thread locked. Really strange. I posted three times in that thread, here are the poor homeless posts:
Did they really say profitability is guaranteed? I saw the advert saying "always profitable" but I don't think it means that if you don't ROI you'll get your money back.
Anyway, they are offering a much better deal than any other similar company.
Anyway, they are offering a much better deal than any other similar company.
https://hashtalk.org/t/hashlet-mining-has-finally-evolved/6125
Did they really say profitability is guaranteed? I saw the advert saying "always profitable" but I don't think it means that if you don't ROI you'll get your money back.
Anyway, they are offering a much better deal than any other similar company.
Anyway, they are offering a much better deal than any other similar company.
https://hashtalk.org/t/hashlet-mining-has-finally-evolved/6125
Quote
We’ve produced a miner incapable of negative ROIs
Yeah...right...
This is the biggest lie so far...
Do you believe it...
ZiG
With all my heart.
It can't possibly be a lie, the CEO said it.
POST #3
Is there anywhere to find out which pool is the most profitable to use for my hash let?
Thanks.
Thanks.
Not directly. But you can briefly assign each pool to your hashlet and see the estimated payout, just be aware that it's based on the last 24 hours and may not be the same in the next 24 hours. Hint: ZenPool is supposed to be the most profitable for hashlets.
August 23, 2014, 09:02:34 PM
For anyone doubting here is a photo of just one of GAWMiners farms from the CEO Josh Garza
http://altcoinforum.org/GAWfarm.jpg
http://altcoinforum.org/GAWfarm.jpg
You might want to pull it seeing that it was deleted from hashtalk.
We can see a warehouse and that they have a few hundred miners miners in stock. It's very unlikely that it's a mining farm since there is not a single cable, power supply, or controller in sight and you can't stack Zeus hardware like that. These red ones are Falcons I think, that's 1 KW per machine. Not sure what the black ones are, maybe Zeus Thunder - similar to Falcon. At the very least I would like to see the other side of those shelves. There would need to be some impressive cable management and cooling back there.
Come on dude you're getting a bit ridiculous.
He's correct that this is not a mining farm, its just a warehouse.
Look at the black pipes running across the top of the building, those are water pipes, part of the fire suppression system. I've seen many data center's and believe me, they do not use water for fire suppression.
Also the sheer volume of air in that building would make cooling impractical.
August 23, 2014, 09:00:45 PM
but whats the problems here?
they DO pay, they have good history, they have known by name and surname people.
whats is the problem here mainly?
lets even say that their pool is so good because ie they make their own coins, mine tchem, pump and dump - still thats doable too
i mean as long as you get paid more than any other spot, there is no problems
they DO pay, they have good history, they have known by name and surname people.
whats is the problem here mainly?
lets even say that their pool is so good because ie they make their own coins, mine tchem, pump and dump - still thats doable too
i mean as long as you get paid more than any other spot, there is no problems
Assuming that things like business ethics don't exist or don't matter, i.e. we don't care about misleading claims and false advertising:
The problem is that the source of payments is not sustainable based on what is known so far about ZenCloud/Hashlets. For example the mystery coin/pump'n'dump can't exist based on network hashrates and exchange volumes. ZenPool is currently at 180 GH/s, which is 20-25% of LTC hashrate, or far higher than all other Scrypt coins combined, or > 100 BTC PER DAY at current payout rate.
So "as long as you get paid" may not be long at all or not sufficient for the "guaranteed" ROI.
August 23, 2014, 08:45:20 PM
but whats the problems here?
they DO pay, they have good history, they have known by name and surname people.
whats is the problem here mainly?
lets even say that their pool is so good because ie they make their own coins, mine tchem, pump and dump - still thats doable too
i mean as long as you get paid more than any other spot, there is no problems
they DO pay, they have good history, they have known by name and surname people.
whats is the problem here mainly?
lets even say that their pool is so good because ie they make their own coins, mine tchem, pump and dump - still thats doable too
i mean as long as you get paid more than any other spot, there is no problems
August 23, 2014, 08:24:37 PM
I own/operate Multipool.us. If someone from GAW miners can give me your username(s) on the pool, I can verify your hashrate. Or, you can set up a "handle" via the account page and it will appear rather than your User ID under the top hashrates for each coin (assuming you are within the top 15, which should be easily within your capabilities.)
For the record, I have not been contacted (to my knowledge) by anyone at GAW miners about setting up an account, IP whitelisting what would most likely be a massive number of workers, etc.
For the record, I have not been contacted (to my knowledge) by anyone at GAW miners about setting up an account, IP whitelisting what would most likely be a massive number of workers, etc.
Wow. That is an interesting one!
Can this guy prove who is is.... anyone can send an email......
I'm calling bullshit on this one...
Bob
Are you talking about this guy?
https://bitcointalksearch.org/topic/annthe-original-multipool-scryptsha256scrypt-nx11-multipoolus-167635
Where is his picture in front of his miners showing the cables and stuff, that the tin foil people want to see....
August 23, 2014, 06:17:41 PM
Classic.
No doubt he would have called bullshit on Gavin Andresen coming into this thread to voice his reservations, but he probably has no idea who that is.
No doubt he would have called bullshit on Gavin Andresen coming into this thread to voice his reservations, but he probably has no idea who that is.
August 23, 2014, 04:49:36 PM
I own/operate Multipool.us. If someone from GAW miners can give me your username(s) on the pool, I can verify your hashrate. Or, you can set up a "handle" via the account page and it will appear rather than your User ID under the top hashrates for each coin (assuming you are within the top 15, which should be easily within your capabilities.)
For the record, I have not been contacted (to my knowledge) by anyone at GAW miners about setting up an account, IP whitelisting what would most likely be a massive number of workers, etc.
For the record, I have not been contacted (to my knowledge) by anyone at GAW miners about setting up an account, IP whitelisting what would most likely be a massive number of workers, etc.
Wow. That is an interesting one!
Can this guy prove who is is.... anyone can send an email......
I'm calling bullshit on this one...
Bob
Are you talking about this guy?
https://bitcointalksearch.org/topic/annthe-original-multipool-scryptsha256scrypt-nx11-multipoolus-167635
August 23, 2014, 04:42:39 PM
I own/operate Multipool.us. If someone from GAW miners can give me your username(s) on the pool, I can verify your hashrate. Or, you can set up a "handle" via the account page and it will appear rather than your User ID under the top hashrates for each coin (assuming you are within the top 15, which should be easily within your capabilities.)
For the record, I have not been contacted (to my knowledge) by anyone at GAW miners about setting up an account, IP whitelisting what would most likely be a massive number of workers, etc.
For the record, I have not been contacted (to my knowledge) by anyone at GAW miners about setting up an account, IP whitelisting what would most likely be a massive number of workers, etc.
Wow. That is an interesting one!
Can this guy prove who is is.... anyone can send an email......
I'm calling bullshit on this one...
Bob
August 23, 2014, 03:30:47 PM
Ha. i dont see anything plugged in. No cable management at all. just rigs that are waiting to be boxed and shipped
August 23, 2014, 03:20:56 PM
I own/operate Multipool.us. If someone from GAW miners can give me your username(s) on the pool, I can verify your hashrate. Or, you can set up a "handle" via the account page and it will appear rather than your User ID under the top hashrates for each coin (assuming you are within the top 15, which should be easily within your capabilities.)
For the record, I have not been contacted (to my knowledge) by anyone at GAW miners about setting up an account, IP whitelisting what would most likely be a massive number of workers, etc.
For the record, I have not been contacted (to my knowledge) by anyone at GAW miners about setting up an account, IP whitelisting what would most likely be a massive number of workers, etc.
Wow. That is an interesting one!
August 23, 2014, 02:22:24 PM
For anyone doubting here is a photo of just one of GAWMiners farms from the CEO Josh Garza
http://altcoinforum.org/GAWfarm.jpg
http://altcoinforum.org/GAWfarm.jpg
You might want to pull it seeing that it was deleted from hashtalk.
We can see a warehouse and that they have a few hundred miners miners in stock. It's very unlikely that it's a mining farm since there is not a single cable, power supply, or controller in sight and you can't stack Zeus hardware like that. These red ones are Falcons I think, that's 1 KW per machine. Not sure what the black ones are, maybe Zeus Thunder - similar to Falcon. At the very least I would like to see the other side of those shelves. There would need to be some impressive cable management and cooling back there.
Come on dude you're getting a bit ridiculous.
August 23, 2014, 01:35:52 PM
Just a quick note for all of you doing various ROI and profit calculations - all calculations that I've seen are made on the basis of ZenPool's profitability. You should be very careful with this. ZenPool has a ?magic? profitability - 50% higher than any other well established multipool.
This kind of profitability is simply unrealistic. I'm not saying that it is impossible - but take into account this:
- what kind of a magician one must be to get 50% higher profitability comparing to all other pools where all multipool operators with years of experience can't find such a magical key?
- to make this kind of profitability with nearly 200 GH/s hashing power one would instantly kill any altcoin that might be so profitable in a specific period of time.
That said - ZenPool's profits are likely unrealistic and are probably paying additional profits from their own funds to provide this kind of profitability (similar to Ghash.io promotion a couple of months ago) - I guess this couldn't last forever (or even months).
So I advice all of you to calculate your ROI's based Litecoin profitability instead of ZenPool's profitability - otherwise you are most likely gambling. Of course, you can never know, maybe they actually did find a magic wand for the ZenPool? Believe it if you want (or if you can afford to believe)
This kind of profitability is simply unrealistic. I'm not saying that it is impossible - but take into account this:
- what kind of a magician one must be to get 50% higher profitability comparing to all other pools where all multipool operators with years of experience can't find such a magical key?
- to make this kind of profitability with nearly 200 GH/s hashing power one would instantly kill any altcoin that might be so profitable in a specific period of time.
That said - ZenPool's profits are likely unrealistic and are probably paying additional profits from their own funds to provide this kind of profitability (similar to Ghash.io promotion a couple of months ago) - I guess this couldn't last forever (or even months).
So I advice all of you to calculate your ROI's based Litecoin profitability instead of ZenPool's profitability - otherwise you are most likely gambling. Of course, you can never know, maybe they actually did find a magic wand for the ZenPool? Believe it if you want (or if you can afford to believe)
I would like to see your calculations that show 50 %, I keep VERY detailed records of all my mining and Zenpool is showing just about 20 % over my "clevermining " history.
I would like to see your 50 % proof !!
They are the newest mining setup that I know of and maybe they have been able to squeeze out a little more.
Bob
August 23, 2014, 01:13:21 PM
For anyone doubting here is a photo of just one of GAWMiners farms from the CEO Josh Garza
http://altcoinforum.org/GAWfarm.jpg
http://altcoinforum.org/GAWfarm.jpg
You might want to pull it seeing that it was deleted from hashtalk.
We can see a warehouse and that they have a few hundred miners miners in stock. It's very unlikely that it's a mining farm since there is not a single cable, power supply, or controller in sight and you can't stack Zeus hardware like that. These red ones are Falcons I think, that's 1 KW per machine. Not sure what the black ones are, maybe Zeus Thunder - similar to Falcon. At the very least I would like to see the other side of those shelves. There would need to be some impressive cable management and cooling back there.
For cripes sake. give it break will ya !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Kmart has tin foil on sale why don't you go stock up now before the aliens buy it all
So I advice all of you to calculate your ROI's based Litecoin profitability instead of ZenPool's profitability - otherwise you are most likely gambling. Of course, you can never know, maybe they actually did find a magic wand for the ZenPool? Believe it if you want (or if you can afford to believe)
August 23, 2014, 12:38:53 PM
Yes, they very well might be supplementing the daily payouts with a return of capital. That is one of the points made in this thread, and a likely one at that.
Doing so without advertising that fact is extremely unethical (if not illegal) as it will trick the uninformed into believing their miner will be profitable, or at least much more profitable then it really will be.
Doing so without advertising that fact is extremely unethical (if not illegal) as it will trick the uninformed into believing their miner will be profitable, or at least much more profitable then it really will be.