I've been dealing with GAW for about 6 months, from the time they were just starting to sell miners (in Spring).
Does Gawminer prove they are mining with actual hardware?
Is there a blockchain address I can verify gawminer has X amount of hashing power? Or even a pool address?
How do you explain BS like:
- Hashlets can never be unprofitable/never breaks down
- Hashlets can mine on multiple pools
- Scrypt+sha256 miner
- Changeable Algorithms
Everything about hashlets screams ponzi and on top of that it's not even a good deal (for the bitcoin miner at least). They want $0.9/gh when you could buy hardware for less than $0.5/gh.
I'm willing to bet this "super advanced hardware" is actually just a few servers running calculations on how much each user SHOULD be paid for mining and redistributes users payments accordingly. (like a ponzi)
- Hashlets can never be unprofitable/never breaks down
By never being unprofitable what they mean is that their hosting fee will ALWAYS be less than the miner makes in a day. Meaning that if the miner gets down to less than $0.08 a day, they will reduce their hosting fee. It never breaks down because most likely we are buying shares of hardware power that they maintain for us
- Hashlets can mine on multiple pools
Mining hardware can always switch pools.
- Scrypt+sha256 miner
Basically what they are doing with their hashlet primes is giving us the option to either use their scrypt miners or their sha256 miners, one at a time.
- Changeable Algorithms
This isn't available yet, but when it is it will be once again switching your share to a different hardware setup they have
As a NO BS post I'm currently 85.6% of Bitcoin ROI in just over 35 days and originally I was looking at about a 70 days ROI.. You can watch my ROI updates here: https://bitcointalksearch.org/topic/gaw-hashlet-roi-tracking-752824
If you want an added discount to the GAW hashlets or Genesis (on top of today's discount) see my signature.