GAWMiner Hashlet Discussion Thread - page 13.

corsaro

legendary

Activity: 1400

Merit: 1000

Quote from: Billyboy402 on September 03, 2014, 12:47:00 AM

Quote from: Billyboy402 on September 01, 2014, 07:10:25 AM

i don't understand why some one would now pay double the price to have Prime VS solo just so you can change pool.

looking at pool picker nicehash and other pool all pretty much offer the same earning give or take 2%

why dont you just offer 1 thing BTC/Mhs like CEX.io and that is . maybe charge a small fee and a min of 100mhs per pool change

$39.95 VS $16.95

you have to be a compete sucker to pay $23 more ( that is 230% more )

SOLO 0.03296 BTC ($17) and earning today rate at 0.0004 = 82 day ROI
Prime 0.08315 BTC ($39) and earning today rate at 0.0004 = 207 day ROI

please let me know if i am missing some thing

Sincerely I do not understand their price policies...

price more then doubled in less then 1 week starting from $15.99 USD 1 week ago for 1Mhs and now it is 39.99 USD (for same Prime Hashlet)

Just "Solo ZenHashlet" are still a bit profitable... I think...

AlexAtom

member

Activity: 560

Merit: 10

YOUC - www.youengine.io

Quote from: Billyboy402 on September 03, 2014, 12:47:48 AM

Quote from: Billyboy402 on September 01, 2014, 07:28:50 AM

Quote from: ?? on ??

Quote

Witty
Balanced
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to CleverMining
1 MH/s $17.95

Cautious
Diversified
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to MultiPool
1 MH/s $16.95

Ambitious
Most Popular
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to
ZenPool
1 MH/s $21.95

Flirty
Likes to Wager
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to NiceHash
1 MH/s $19.95

Risk-Taker
Risk & reward
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to WafflePool
1 MH/s $18.95

for the life of me , i dont understand how the same hardware but set to a different pool cost different
MultiPool hash rate are $17 BUT $20 at Nicehash and $22 ZenPool ( I guess this cover pool fees)

all your doing is changing 1 miner to a different pool adress and selling the dividing the earning from the pool the total MHS

Yea, I was looking into these 'Hashlets' from GAW but this latest offering of the day has turned me completely off. They lost all credibility with this...

Billyboy402

hero member

Activity: 599

Merit: 500

Quote from: Billyboy402 on September 01, 2014, 07:28:50 AM

Quote from: ?? on ??

Quote

Witty
Balanced
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to CleverMining
1 MH/s $17.95

Cautious
Diversified
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to MultiPool
1 MH/s $16.95

Ambitious
Most Popular
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to
ZenPool
1 MH/s $21.95

Flirty
Likes to Wager
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to NiceHash
1 MH/s $19.95

Risk-Taker
Risk & reward
Activates Instantly
Earns bitcoins 24/7
Guaranteed payouts according to WafflePool
1 MH/s $18.95

for the life of me , i dont understand how the same hardware but set to a different pool cost different
MultiPool hash rate are $17 BUT $20 at Nicehash and $22 ZenPool ( I guess this cover pool fees)

all your doing is changing 1 miner to a different pool adress and selling the dividing the earning from the pool the total MHS

Billyboy402

hero member

Activity: 599

Merit: 500

Quote from: Billyboy402 on September 01, 2014, 07:10:25 AM

i don't understand why some one would now pay double the price to have Prime VS solo just so you can change pool.

looking at pool picker nicehash and other pool all pretty much offer the same earning give or take 2%

why dont you just offer 1 thing BTC/Mhs like CEX.io and that is . maybe charge a small fee and a min of 100mhs per pool change

$39.95 VS $16.95

you have to be a compete sucker to pay $23 more ( that is 230% more )

SOLO 0.03296 BTC ($17) and earning today rate at 0.0004 = 82 day ROI
Prime 0.08315 BTC ($39) and earning today rate at 0.0004 = 207 day ROI

please let me know if i am missing some thing

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: myalex on September 02, 2014, 11:51:53 PM

Hello what mean the "24h Payout", is it what i can expect?

So

1Mh ZenHashlet paid: 0.00064654 BTC

15Mh Zen Hashlet paid: 0.00231614 BTC

little bit undercharged?

That was what you got paid for that 24 hour period. If you bought your miners and there was 6 hours before the end of that 24 hour period, you got paid for 6 hours mining. Today you should see the full 24 hour payment. You get paid today for what you mined the previous 24 hours before basically.

myalex

newbie

Activity: 6

Merit: 0

Hello what mean the "24h Payout", is it what i can expect?

So

1Mh ZenHashlet paid: 0.00064654 BTC

15Mh Zen Hashlet paid: 0.00231614 BTC

little bit undercharged?

https://dl.dropboxusercontent.com/u/19373509/ac/bt.PNG

FloridaBear

full member

Activity: 260

Merit: 100

Some math before I go to bed:

Assumptions:

Maintenance is $0.08/MH/day.
8% difficulty increases (we've averaged about 10% over last 5 diff changes but it appears to be slowing a bit)
alt-coin values stay roughly the same relative to BTC
$475/1BTC (this doesn't matter too much unless it changes radically)
Earned/MH is total BTC earned after maintenance, which may drop over time but is not accounted for here

Here is calculated ROI for the various hashlets:

Code:

Miner  Cost(BTC/MH)   Earned/MH  ROI
Zen       .0462        .0536     116%  
Multi     .0357        .0343     96%
Nice      .0420        .0199     47%
Clever    .0378        .0186     49%
Waffle    .0399        .0128     32%

So the only miner that might return positive results is Zen. Not worth the risk IMO unless you are thinking much lower difficulty increases and/or increasing alt-coin/BTC value (although you may as well just buy alt-coins if you are thinking the latter)

Questions/Problems

This begs the question: Why would they charge different rates for different pools? Why should they care if you're leasing the hardware? Very odd IMO
One major problem I have is that they do not tell you the maintenance up front. Did I miss this? Do you really have to buy one before you know the maintenance costs? If so, that's pretty sketchy.
Sure wish I'd done this table before buying some Clever hashing LOL (I just bought a few MH)

cxboyminer

hero member

Activity: 896

Merit: 500

I dont think so... So far the payouts are the same per Mh... All we know is that the maintenance fee will decrease over time.

myalex

newbie

Activity: 6

Merit: 0

Hello thank you for answer

i bought the 15MH Hashlet Yesterday (~ 19 hours before i got paid today).

Another Question:

After Weeks and Weeks, you earned less and less, like with mining Bitcoins?

scott0577

hero member

Activity: 560

Merit: 500

Quote from: myalex on September 02, 2014, 01:00:32 PM

Hello

So i got paid today:

1MH ZendCloud Hashlet: 0.00064654BTC

15MH ZendCloud Hashlet ( i bought it yesterday ): 0.00231614BTC

Whats wrong?

I expect? that i earn ~15times more with the 15MH Hashlet? Huh

What time of the day did you buy? You may just have a partial credit for the day..

myalex

newbie

Activity: 6

Merit: 0

Hello

So i got paid today:

1MH ZendCloud Hashlet: 0.00064654BTC

15MH ZendCloud Hashlet ( i bought it yesterday ): 0.00231614BTC

Whats wrong?

I expect? that i earn ~15times more with the 15MH Hashlet? Huh

lovethisguy

newbie

Activity: 36

Merit: 0

How do I earn HashPoints?
You earn HashPoints for referrals, purchases and keeping your bitcoin in ZenCloud If you hold off on withdrawing your payouts, your HashPoint income will grow exponentially.

"keeping your bitcoin in ZenCloud If you hold off on withdrawing your payouts" This is the line that makes me nervous that this may not end well. Why so when they fly the coop they have our BTC we earned to???

gentacomp

full member

Activity: 211

Merit: 100

Quote from: verloren on September 02, 2014, 10:05:56 AM

Quote from: BitCoinPokerBro on September 02, 2014, 06:10:10 AM

Quote from: gentacomp on September 01, 2014, 10:05:38 AM

Weird...
My haslets is 1MH prime hashlet to zenpool and 25MH zen hashlet.
But why my 25MH zen hashlet payout only 9x from 1MH prime Huh

It should be 25x right ?

With all the hackers on this forum I'd delete/edit this post since it shows your zen username. Next time use jing or snipping tool to screenshot specific portions of a page instead of the print screen button.

Also how the heck do we log into hashtalk?

Login > Forgot Password (may take a long time) > Check email & submit form (may take a while) > log in properly (may take a while) > confirm email to post/reply (may take a while)

Mine took around 6h to do everything.

Thank you Sir, now this is what I got (Yay got 1mh bonus from gaw) :

Zen hashlet its really recomended, atleast for now Grin

verloren

sr. member

Activity: 323

Merit: 250

Quote from: BitCoinPokerBro on September 02, 2014, 06:10:10 AM

Quote from: gentacomp on September 01, 2014, 10:05:38 AM

Weird...
My haslets is 1MH prime hashlet to zenpool and 25MH zen hashlet.
But why my 25MH zen hashlet payout only 9x from 1MH prime Huh

It should be 25x right ?

With all the hackers on this forum I'd delete/edit this post since it shows your zen username. Next time use jing or snipping tool to screenshot specific portions of a page instead of the print screen button.

Also how the heck do we log into hashtalk?

Login > Forgot Password (may take a long time) > Check email & submit form (may take a while) > log in properly (may take a while) > confirm email to post/reply (may take a while)

Mine took around 6h to do everything.

BitCoinPokerBro

hero member

Activity: 826

Merit: 1000

Quote from: gentacomp on September 01, 2014, 10:05:38 AM

Weird...
My haslets is 1MH prime hashlet to zenpool and 25MH zen hashlet.
But why my 25MH zen hashlet payout only 9x from 1MH prime Huh

It should be 25x right ?

With all the hackers on this forum I'd delete/edit this post since it shows your zen username. Next time use jing or snipping tool to screenshot specific portions of a page instead of the print screen button.

Also how the heck do we log into hashtalk?

Dilemas

newbie

Activity: 23

Merit: 0

They reduced the amount of HP you can get. You can get only limited amount. in order to purchase something good for HP, you must have 83K points

verloren

sr. member

Activity: 323

Merit: 250

Quote from: cxboyminer on September 01, 2014, 10:48:35 PM

I've got a free multiHashlet somehow...

Promotion from before the forum changed software.

cxboyminer

hero member

Activity: 896

Merit: 500

I've got a free multiHashlet somehow...

kcheel

full member

Activity: 188

Merit: 104

Quote from: JanisPetke on September 01, 2014, 08:24:06 PM

Well, the Hashtalk "reputation to hashpoints"- scheme is backfiring as we speak. It did not take too long for people to scratch each others backs for upvotes. And so the upvote farming began.

Gee. Who could have thought this would hapeen. Roll Eyes

Sure they knew it would happen. Takes about 40k of them to even get something, so doubt they are too worried about it.

JanisPetke

newbie

Activity: 14

Merit: 0

Well, the Hashtalk "reputation to hashpoints"- scheme is backfiring as we speak. It did not take too long for people to scratch each others backs for upvotes. And so the upvote farming began.

Gee. Who could have thought this would hapeen. Roll Eyes

Topic: GAWMiner Hashlet Discussion Thread - page 13. (Read 29278 times)