Topic: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-) - page 78. (Read 262954 times)

Looks like you missed it the first time so why don't you answer now:

Quote from: Stargazer on October 20, 2014, 08:10:56 PM
Quote from: alienesb on October 20, 2014, 06:25:01 PM
Quote from: Stargazer on October 20, 2014, 06:19:11 PM
The way I see it, you're trying to promote yourself and your domain by using a known and popular brand (GAW). If their name was registered, I don't think you can use it without their permission, which in this case you clearly don't have, and admitted that they contacted you and asked not to use it.

I don't agree with alienesb. It's not a free world and you can't do whatever you like, just look at coinye coin. Or in other words you can do whatever you like, but there are consequences.

Well you're wrong because coinye was a different case and usage all together. You can disagree all you want but case law exists that says he can have a site naming gaw with users opinions on it because it's free speech.  If he is not profiting off of the companies name it's fine.

You just don't like it.
Don't bring me into this, I have no personal feelings in the subject.

It may be seen like he's attempting to profit from it, because domain's popularity determines its price. By using a registered name of another company he's hoping to popularize his own domain.
I wonder how he's going to prove in court that he wasn't going to use the registered name of an existing company to mislead people into thinking that it's another GAW project.




You brought yourself into this. You actually believe GAW has previously registered the domain name gawgate? You actually believe there's a profit to to ever be made with a site called Gawgate? It's called gawGATE. Do you have even the slightest clue what anything with GATE attached to it suggests? You actually believe that not only would people think it's a GAW project but after reading a single sentence on the site would also believe that it IS a GAW project? Please explain how you think he's going to profit it any way as this seems to be such a great argument for you.

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If it's a support issue, Chris responds.

Sorry, but I call BS on this.  Zenpool (and prime hashlets too) is at BEST an investment scheme where you give GAW your BTC and you TRUST GAW to give you back profits.  If they are 100% ethical and honest, they will treat invested capital with the same care and fiduciary duty that an investment manger in a hedge fund would.  It is illegal as hell and for good reason.

i think GAW may end as ponzi but we will see

That sould be similar to PB mining, nobody knows who and where they are and people are sending them money just because they "had steady payouts".


If you have the name and address, at least you know where to look, like that guy that went to Mt. Gox (not that it helped him).
Those, who paid Lunamine, would welcome the opportunity.

I have to disagree with you on that part...gaw is just as fuzzy as the rest of them...and when they do tell ya something...ya can almost bet the farm that in a few days that'll change...and probably a few days after it'll change back or to something totally different again

This is completely irrelevant when you have essentially waived all of your rights in the terms of service. I suggest reading it - knowing the operators does not help if you have zero legal recourse if they shut down everything tomorrow.

-Sahra

LTCgear has unknown owners, never reply to mails etc - their offer is too good to be true

When choosing a mining company the first thing you should ask is what do I know about the owners and will I be able to contact anyone if they bail.
The more personal details they disclose the better, but these of course have to be verified. So if a company doesn't give out their address and name of the owner, you shouldn't even consider investing.
It doesn't matter if the site is paying out, most of these sites aren't paying for more than 2 or 3 months, so you can't really call them stable.

Diversifying is extremely important.   At anytime you should have multiple sources of BTC income.    Everyplace has risks, for example you might have noticed a lot of pumping of LTCgear, but that seems to be a one man show right now, so that is a different set of risks.   

There was a thread from Dr. Paul that listed other things related to how ZenPool works on HT.   However renting out a large chuck of hash power clearly could make up the difference seen in payouts.   Even when the ZenPool was up over .0006 BTC/MHS there was a lot of variation.   Your concern seems to be you can't track it.   The problem is that is something you'll never be able to track.    

If your hold up is you don't know GAW's business strategy, that is something you can't hope to get resolved.  

At this point it is pretty clear that ZenPool is real, albeit complex.   The relationship between how much hashing has been sold vs how much actually exists isn't clear, but logically they can't have less hashing power than sold for very long periods of time if the business is valid.   No way to easily address that issue.   However it appears that GAW is really in this for the long run so that is a big plus.   A lot of cloud hashing sites are very fuzzy compared to the GAW stuff.

dont know my bet is those power is for those but who knows it we will know in future near for sure

What did I miss? GAW bought 5 PH of GPUs?

all i can say here is zenpool back to top profits pools as before soo we have to be patient and support this great project... as looks like 5pentahash has been bought.... soo x11 should be the target currencys till end year for sure till now i cant complaint i got few haslets and a prime that is rocking income kkk i suppose roi in 5 months if this results keeps ,without sell my miners.... if i sell them roi should be in less much less time for sure lol im getting good results at zencloud as genesis mining soo i support both of them and i wanna invest more in both companys    ps: i paid 43 dollars if i bought them as most of you at 16 dollars ROI would be around 90 days even less for sure some of you sold some prime recover investment and now are playing with just pure profit soo no complaints stop crying the rate drop im new and im not complaint as i wanna my investment long not short and jump......never invest what you cant afford to loose anywhere this is the "KNOWHOW"

at the moment cex.io is worse then genesis and zencloud the cloud mining to who has miner at home maybe another results for me this was the best move since im in the crypto currency since day 29 september when i had invested just curiosity when i enter
GHS at 0.00243998 BTC
and few days after GHS at 0.00262 BTC AND This raised a bit more i sold my ghs there some days ago
and now the GHS at 0.002400 BTC cex.io to high fee maintenance soo a lot users leaving it selling ghs looks like the cost will go around 0,0019btc till end year

GAW is as unpredictable as it always was. That is, unless you would have predicted two weeks ago that zenpool payments would fall like a rock and double dipping would stop being as double as it used to be.

Good point about LTCG though. The buy in price is steep. And I agree with others, that it's a risky investment. On the up side, I think a lot of new investment is going into LTCGear so he can afford the big payouts and growing his farm (or whatever he's doing). I've been in for a few weeks and I expect to get out with my shirt.

Meanwhile, IMHA the time to buy into GAW is over. The "smart" coins are not going in, for the most part, so whatever will fund future payout's will not be coming from massive new hashlet sales. Who would buy when the profit is crap average and trending lower?

What's a Dollar Worth? Hashlets vs. Litecoin GEAR:

https://ltcgearcalc.com/hashlets-vs-ltcgear.php

Since we now have about a month until Hashbase and probably a few weeks until VB deadline, I think I'm going to update the OP to reflect the current status of things, just waiting now for crickets to stop here:

https://bitcointalksearch.org/topic/bitmain-confirmation-827552

dyask, I'm not so sure we know yet how ZenPool works, nor is that the only unanswered question. The "private rental" doesn't explain much, does it? It still leaves the question open as to which Scrypt coin(s) the hashrate is targeting, or if it ever was Scrypt to begin with.

The main problem with this uncertainty is not the geeky desire to know what makes it tick, but how to make an informed decision. For example investing in SHA256 mining has one big unknown variable (difficulty), everything else is usually known - initial cost, maintenance, etc. With Zen and hashlets in general it's not so simple because the big variable seems to be not a technical one like difficulty but rather some undefined business strategy.

GAW is very good and it is not unpredictable at all. LTC is still more expensive...

LOL whatever you are suffering in profits just like the rest of us unless you got massive amounts of hashlets..profits use to be good here...better than all the rest of the cloud miners until about 5 days ago. They need to fix it.

But yeah I am getting close to roi too...I'm into to gaw for the long run...but anymore money will go to genesis and LTCgear...hopefully genesis gets it's X11 off the ground soon...

How much hash u got?

Frankly, I am along for the ride with GAW and also see positive ROI in the horizon. Really bad things (read: closing up shop) would need to happen for me not to hit it.


That said, I want to diversify -- but wont do it blindly.