Topic: I am tempted to buy some hashlets , should I? (Read 4340 times)

GAW buyback is 80% and you can sell it in the Hash Market for more if you want.

Don't listen to those who says GAWminers suck, usually they have not even tried their products.

I did it, I'm happy, money is flowing, take a chance !

And I have proof on my blog with payout screenshot daily that SHOW that is rentable.

GAWMinersaffiliate.blogspot.ca

Haters gonna hate

With GAW Buyback @ 40%, and a real market place, you get value for your money.

Even if you sell after 1 month, there is a market with supply/demand. No other company offers that...

Still LTCgear is better.

I got some money with Genesis (ROI 110 days) and Hashnest (ROI 3 years?). However hashnest has a marketplace, hope it will come alive...

LMFAO

Thanks, that helped.

Damn, what was the bonus prime for?

and did you know that some VPN's don't log?

Check this out:

https://hashtalk.org/HashPointsFAQ

i bought war machine for 2.6 btc in july (54 MH)
got free month of hosting and i have converted it into hashlet prime

it hashes now 58MH/s

it has mined after fees 2.3 btc

so i am at 0.3 btc loss now

but...

i still have 58MH/sec as hashlet prime + bonus 1.3 MH/s prime
so total 60MH/s (valued at 3000$ now ~ 8 BTC)

every day i can boost them into 120MH/s (adding second pool)

i got about 0.04-0.05 btc per day after fees
so i will have roi in 6 days

and will have 120MH/s for free hashing a lot of btc every day
it can feed me till end of cloud.zenminer.com

has anyone better story ?

@EvilPanda

What are hashpoints and how do they work?

I have Genesis hashlets so it's fine.

Well good luck then, AFAIK you cant sell primes on the hash market yet.

Do you still have this problem? I've seen some users say that that withdrawal system has improved.
You get rewarded for keeping the coins with them, so it's not that bad

Just testing the waters, I will probably sell it on the hash market before I return to make a return or a small profit.

I also have the same problem makes me wonder.

Sorry. I couldn't because I did not understand the operational cost model before today. 
I think this analysis will be true for all cloud mining operations. Today's mining economy was based on $600 BTC to have the possibility of breaking even. At $400 BTC, all of those schemes fall apart because there is absolutely no ambiguity - buy BTC instead of hashing power.

Why did u buy genesis instead of zen hashlets.... zen hashlets are the most profitable ones.

Fucking hell, why couldn't you post this earlier.  I bought a 50GH/s hashlet just to test out the waters,

So that is $2/day/THS operating expense.
Up front cost looks like $895/THS. This will produce roughly 1.9 BTC by Sept 2016 and then essentially flatlines at 10% difficulty increases. It goes negative on operating expense after producing 1.4 BTC. This assumes BTC makes it back to $500. At $400 it goes negative on operating cost by Feb 2015 after producing 1.3 BTC.

At BTC less than $400 - you should spend the fiat on BTC rather than buying hashlets. In fact, if GAW was confident difficulty increases do not plummet, they can buy the BTC and pay it out over the productive life of the hashing power. They will pay out less BTC than the amount purchased and get $2/day/THS from the credulous customer.

I don't see any scenario in which one of these going into production today is better than just buying the BTC. BTC needs to recover to over $500 before the analysis even becomes plausible. I don't know what they are guaranteeing, but low BTC price today means people should buy BTC rather than buy new hashing power.

I think GAW promised they would never go negative on operating costs. So lets assume BTC eventually stays at $400 during the productive live of this hashing power. That means the hashing power produces that same 1.9 BTC before flatlining. You will have paid them $290 in operating cost. Today, if you can buy BTC @ $400, you get 2.2 guaranteed and no operating cost payout. Note, if BTC price increases during the productive life, you end up paying more in operating cost.

So lets assume average difficulty increase drops all the way to 8% (unlikely, but possible), then you end up paying $360 in operating costs before GAW zeroes them out but now will produce 2.3 BTC.

So right now $400 BTC price, you have to assume difficulty increases drop below 8% just to get more BTC from the mining than from  just buying BTC.

This is a great deal for GAW.

I did a withdrawal of BTC today and for the first time it worked on the first attempt. I'll go back to lurking in this OP. All is good for now.

Hi if there is anything I can do to help, I will. Can you please send me your order number and ticket number, if you have one. I will contact our Customer Service Manager and we will work with you to find a happy solution.

Sincerely,
Amber
[email protected]