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Topic: So confused what is GAW ? - page 2. (Read 3160 times)

newbie
Activity: 14
Merit: 0
October 02, 2014, 10:02:54 PM
#13
Sounds like a waste of life time money and a lot of grief
legendary
Activity: 2212
Merit: 1001
October 02, 2014, 09:38:38 PM
#12
Pleople who bough "hashlets" for $16 like 1 mounth ago, ROI inmediatly + profit, with the raises in the price, of the "primer hashlets".
(selling their mh/s for $30-$35-$40).

Still profitable?
Maybe, 50+ days.

Still confused.  I see Waffle Hashlet 1 $17.95 is ths $17.95 a mo ?  Why would it take 50 + days to see a return on $17.95 ? someone explain!

Lets do the math..............

http://litecoinminingcalculator.com/index.php?khs=45000&diff=34786.6727143&cdiff=34786.6727143&fee=0

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Just for sake of argument:

Earnings for 1 mh=1000kh:
0.03 LTC / Day  
0.83 LTC / Month
10.14 LTC / Year

https://www.cryptsy.com/markets/view/3

Current price per LTC=0.01162075 BTC

0.01162075 x current BTC price of $373=$4.33 per LTC

So,it takes 33+ days @ .03LTC per day to get 1 LTC.So to get your $17.95 back will take 4+ months..............
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That's with LTC mining,but we are being paid via BTC @ 0.00031947 BTC per day with Waffle rates (they go up & down,so this is an estimate).

So you need to earn 0.0481233243967828 BTC (@ $373 BTC price)= $17.95 =150+ days..........or around 5 months.

0.00031947 x 150 days = 0.0479205

Zenhashlets get 0.00060319 per day,so we need 0.0561662198391421 BTC (@ $373 BTC price)= $20.95 = 93 days.........or a little over 3 months  Wink

0.00060319 x 93 days = 0.05609667

Whatcha think now!!  Grin
legendary
Activity: 1330
Merit: 1000
Bitcoin
October 02, 2014, 08:25:15 PM
#11
Pleople who bough "hashlets" for $16 like 1 mounth ago, ROI inmediatly + profit, with the raises in the price, of the "primer hashlets".
(selling their mh/s for $30-$35-$40).

Still profitable?
Maybe, 50+ days.

Still confused.  I see Waffle Hashlet 1 $17.95 is ths $17.95 a mo ?  Why would it take 50 + days to see a return on $17.95 ? someone explain!
member
Activity: 77
Merit: 10
October 02, 2014, 10:18:24 AM
#10
its a company that its customer support really sucks i had a ticket openned since July and still they try to find
the details mostly trying to make me get bored and stop dealing with it
I have contacted all of them and no solution

Hi!

I am sincerely sorry that your ticket has taken longer than we would like. Our Customer Service Manager, Amanda has been working very hard to get this resolved quickly for you now Smiley She will continue to help via ticket, that is the best way for us to track the progress.

I appreciate you working with us and allowing us the opportunity to make this right.

Respectfully,
Amber
[email protected]
sr. member
Activity: 462
Merit: 251
October 02, 2014, 09:58:34 AM
#9
its a company that its customer support really sucks i had a ticket openned since July and still they try to find
the details mostly trying to make me get bored and stop dealing with it
I have contacted all of them and no solution
If you tried to explain your issue the way you did in this post, no wonder they couldn't "find the details". Sometimes there's just no solution Cheesy
hero member
Activity: 1372
Merit: 783
better everyday ♥
October 02, 2014, 08:54:15 AM
#8
GAWMiners is both mining hardware reseller as well as cloud mining reseller.

They sell mostly Scrypt miners, but now they're focus is on selling cloud mining contracts or "Hashlets".

I wouldn't bother with any cloud mining contracts at this point, it's pointless at this time, especially with all the Scrypt Asic Hashrate getting dumped onto the network.

legendary
Activity: 1036
Merit: 1000
October 02, 2014, 08:44:51 AM
#7
its a company that its customer support really sucks i had a ticket openned since July and still they try to find
the details mostly trying to make me get bored and stop dealing with it
I have contacted all of them and no solution
sr. member
Activity: 294
Merit: 250
October 02, 2014, 02:35:02 AM
#6
Pleople who bough "hashlets" for $16 like 1 mounth ago, ROI inmediatly + profit, with the raises in the price, of the "primer hashlets".
(selling their mh/s for $30-$35-$40).

Still profitable?
Maybe, 50+ days.
legendary
Activity: 2212
Merit: 1001
October 02, 2014, 12:58:58 AM
#5
About a 3 month ROI for Zen Hashlets,maybe a bit longer depending on the altcoin network hashrate.a major increase can extend that by a month or 2  Wink

Just stay away from the Genesis or any sha-256 type hashlets  Roll Eyes
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 02, 2014, 12:55:56 AM
#4
are they really profitable ?
Like anything they were extremely profitable for those who got in early
Right now with current BTC prices faling and the prices on their hashlets rising
Not so much.

They sell sha at 10gh for 8.95 and scrypt of different flavors from $14.95 to 49.99 for the hashlet primes that can mine two pools simultaneously every 12 hrs.  GAW is profitability yes ROI in 3 months if the trend continues but those who got in early got primes for $16 vs $45 .
newbie
Activity: 54
Merit: 0
October 02, 2014, 12:09:46 AM
#3
are they really profitable ?
full member
Activity: 121
Merit: 100
October 01, 2014, 10:41:04 PM
#2
Yep!
They was hardware, but now they are most profitable cloud miner
legendary
Activity: 1330
Merit: 1000
Bitcoin
October 01, 2014, 08:30:06 PM
#1
Gaw Miners.
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