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How exactly do you "step down" from a company you started, run, and own? Doesn't even make sense.
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I suspect that most recent Coinbrief article was paid for by Mr. Garza. It seems to play hardball, but what it really does is puts all of the blame of the past, current, and upcoming final failure of this shitshow on everybody EXCEPT Homero. "Awe shucks guys, I really tried so hard to hand out free $20 bills to everybody but the dad-gum gubment and lawyers fouled everything up! Gosh darn it, shucks, so sorry". That is what you call a fucking con man washing his hands of the last scam to move on to his next one. The timing of that and this creep of a con man announcing yesterday that "he has enough money now to start another company" along with him placing the blame for everything on the nasty Gubment and Lawyers is too coincidental.
Guesses on Homeros next scam company? I predict Garza eAutomotive Works which will hype a new type of electric car with Ultra Molecular Hybrid-Flex Batteries. Pre-Order starts Monday!!
"Forget Gas! This car runs on pure GeAWsome™!"
That is a very interesting theory. When I read the story there was a big 'ol paycoin ad right next to it. |
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That is a question that has never been provably answered. I don't think there are very many people that believe they ever had any reasonably sized data center if any at all. J. Mordica's video proved nothing more than 2 small rows of miners somewhere.
EDIT: I have always been under the impression that it was something along the lines of what Bitpop said. Somehow they visited a warehouse and had pictures taken. Whether they paid someone off or not remains to be seen. The picture could also have been photoshopped as some have suggested but I think that to be less likely.
I'm quite sure they had (leased?) the warehouse since their hardware shipping days. Package tracking information confirms that. It was nowhere near ready for mining in August, that's the "unplugged" picture. Later on they published more pictures of electric and venting installations being done in what looked like the same warehouse, and then a few rows of S3/S4 miners plugged in and powered on again in seemingly the same warehouse. Don't make me go look for those pictures  I don't know about the video, maybe that was done in a different place. Now that the miners are being sold off and jmordica may have left GAW they might not even have/lease the warehouse anymore, but just a few weeks ago miners were still being shipped from Hattiesburg, MS. They also had a smaller place near Hattiesburg, likely their original "GAW hosting" location. There's nothing to suggest that they had any other substantial facilities, except their "home base" in CT and perhaps a few employees working from their homes in TX etc. Bitmain picture is clearly NOT of the same warehouse. Not sure if that proves or disproves anything - I still think it's possible that Bitmain's Christmas sale was related to GAW even if the picture was not, but that's just my personal conspiracy theory. The only pictures I recall seeing of working miners that were purported to be GAW's (Scrypt or SHA256) looked like they were in the basement of a house not a warehouse. Even that crappy video doesn't look to be that large of a room and all you see is one aisle. The only pictures of this warehouse I recall seeing were the one posted above and the one taken in the aisle behind the shelf in the picture above. I never saw a photo of that warehouse with anything that looked like it was actually mining. The basement pics of working miners are here https://bitcointalk.org/index.php?topic=857670.15260 |
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I think this is his scam exit and I think he made more than he lets on. Now he can let the Cantor Fitzgerald paycoin scam dwindle to nothing, blame the lawyers and the investors and walk away with the loot. But hey, he's really sorry and he would totally do right by everyone if only he could. But you know, lawyers, investors.
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https://chainz.cryptoid.info/xpy/#@inflationOver the last 5 days the number of outstanding coins has increased by 200k, i.e. around 40k new coins per day or 1.2m per month (10% monthly inflation). However, the more interesting fact is that this speed will only increase through time as 40% of coins are still not staking at all: https://chainz.cryptoid.info/xpy/#!extractionps 10% monthly inflation if equivalent to more than 200% annual inflation. Designed to fail. But hey the next big announcement from Josh will fix everything! We just need to stay enthusiastic and Josh will literally alter reality by his pronouncements alone! Doesn't even matter that he couldn't spell nor understand a word like "pronouncement" to save his life. He's just a misunderstood genius. What are the odds that if Josh announces GAW is declaring bankruptcy that people on hashtalk will start a thread soliciting donations to bail him out? |
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It's sporadic. As far as I know there is nowhere to see how much you are making. Wizkid has always maintained that the NMC mining is basically not an important part of running the pool. He does it because people asked for it but he doesn't give it a high priority. I did just get a payout though in the past week so if you have been mining there for a while you might have as well. That was the first one I can recall in a few months though so that should give you some idea of the frequency of it.
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Put a pause command in your batch file after the command to run the miner. That way the command window will stay open and you can see what went wrong if the command to call the miner fails for any reason. C:\Users\admin\Downloads\Gridseed\bfgminer-5.0.0-win64\bfgminer.exe --scrypt -o stratum+tcp://pool:3333 -u user.worker -p password -d gridseed -S gridseed:all --set-device gridseed:clock=800 --expiry 60 --queue 10
pause |
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Well, I would love to say 4.3.5 helped, but it happens to be the version I'm using! Haha
I do appreciate the suggestion, but alas the issue is still prevalent.
In another thread someone recommended bfgminer and I gave it a shot, I use that now. No hot plugging. However I do have an issue where devices (not full blades because sometimes it will be only 1 device or sometimes as many as 3) will just stop submitting shares. I had the same issue in cgminer too. Restarting the software miner fixes it for me and since bfgminer doesn't require the hot plugging it is a lot easier. I actually scripted it and created a scheduled task so the software miner restarts every hour. I should mention I have the g-blacks, which basically just contain 5 blades (which shows as 10 devices) in a box with a USB hub. |
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Good lawyers wouldn't tell him to try to scrub the evidence off the internet.
Based on what I have seen, he either does not now have (nor ever had) "good lawyers", or he does not now (nor ever did) take their advice. It all makes him sound more like a bumbling narcissist who bounces from one half-assed idea to another...
No matter the lawyer situation this is probably still the truth. |
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I have installed Ubuntu and bfgminer for my gaw miner falcon 27mhs, the only problem i am having setting up the command line for the device, setup instructions from https://readditing.com/r/dogemining/comments/28y6i6details Bus 005 Device 003: ID 0403:6001 Future Technology Devices International, Ltd FT232 USB-Serial (UART) IC I would be grateful if someone help thank you I have a blackwidow running on windows using BFGminer 4.5.0 so your mileage may vary but this is what I use bfgminer --scrypt -S zus:com3 -o stratum+tcp://pool:3333 -u username.bw -p password --set zus:chips=64 --set zus:clock=348 --set zus:ignore_golden_nonce=1 So you would need to change the com port accordingly for your computer and change the chips to whatever the falcon uses. Hope that helps. |
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:-) never, never prepay again :-(
Yeah I learned that lesson the hard way with BFL (like many others). Which is why I didn't order from these guys despite how tempting it looked. |
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It wouldn't be at all surprising if they're so close to broke that they are struggling to make payroll each month.
Did you hear something to that effect? Just wondering what prompted this comment or if I missed something in this thread somewhere. |
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I wonder how many real people are left in the HashTalk forums? I am not talking about shill accounts, but true members with a stake is XPY.
All too often, I go to read a forum post on HashTalk, linked to from someplace else, only to find it deleted. If the thread is not deleted, I can't help but notice "Banned" under so many poster names or posts where the content simply says 'deleted'. If I were a member of HashTalk, I would not feel good about this at all. I can fully understand the motivation by Hashtalk admins to ban abusive users, spammers or users with nothing constructive to say. After all, it is the company's main forum & it only makes sense that discussion should be constructive.
However, I see users banned far too often for posting a question that no representatives of GAW wish to answer or users being banned for expressing healthy skepticism. Had I invested in a project like XPY, be it $20 or $2000 with the expectation that it was going to be worth 4 or 5 times my investment, only to later see the value of my investment go down by 80%, I too would have questions. Even if my expectations were based on my my own misunderstanding & completely my own fault. If that is the case, set them straight, educate them & address their concerns. If I was a moderator or even the CEO of such a company, I would expect people to have questions or even be downright angry & I would deal with them in professional manner. How do XPY holders support the censorship & immaturity this company CEO exhibits on a daily basis? Just because an investor has questions or even shows signs of losing faith in the project, it doesn't mean they are your enemy. After this ride from $20 to $2, how could anyone employed at Hashtalk expect anything different?
For the true believers left at the forums, if you are reading this, I have a question. How does it feel talking to yourself? I mean seriously, how do you participate in a thread or start a dialogue, only to log out & then back in as someone else, to post to yourself? Then when anyone other than yourself participates, they are met with a ban? When you gleefully cheer Josh for his latest post promising another feature, do any of you ask yourselves what happened to his previous promises? Why do you follow this pattern of Promise, Hype, Delay, Disappointment over & over & over again? After all, your miners that will always remain profitable, no longer are. The points you mined, with the promise of a $20 value are barely worth 10% of that figure today. The ability to shop anywhere with XPY has yet to materialize, if ever. The XPY Credit Cards have not materialized, the investors who were going to hold up the value of XPY have not materialized. Why would you think a buyback is going to materialize? Maybe it's time to start asking questions XPY holders. Oh, that's right, you can't, because otherwise you will be banned & lose access to whatever investment you have left. I suppose the smart thing to do would be to keep your mouth shut & hope for the best. But I certainly wouldn't be cheering on the CEO of GAW on or even participate in the echo chamber at HashTalk at this point .
Never doubt of the capacity of a Ponzi scheme in changing the people's mind. The case of Paycoin reminds me the case of Telexfree. Telexfree was a Ponzi scheme which was opperated in Brazil and United States. It consisted in selling VoIP signature lines using a multi-level marketing strategy. But after all, nobody bought these lines, but instead they just re-sell these VoIP lines for other people interested to enter in the scheme to re-sell these lines too. Like the typical cloudmining scams, they also had a referral program. After 2 years of operation, the Brazilians authorities closed their operations and they entered with a bankruptcy filing in the US. But the people involved with that scheme started to riot with authorities, alleging they were paying their taxes normally. These two guys, for example surrended themselves to prostest against the close of Telexfree by authorities (in Portuguese: http://g1.globo.com/ac/acre/noticia/2014/01/divulgador-se-acorrenta-em-forum-no-ac-por-liberacao-da-telexfree.html ) But what Paycoin and Telexfree have in common in the same people's behaviour. Every announce of Telexfree the people wrote things like "Voa Telexfree!" (Fly Telexfree!), and same happens with Paycoin and the "GAWesome". Even assuming the hypothesis of Paycoin not being a scam, a lot of questions remains unclear. For example, what happened with the CAF? Go to posting in a forum saying "I'm honest, I did what I said I would do" means nothing, it's just bullshit. They should provide a balance showing exactly what did with every penny. There's 300 millions USD (which is also 10 times bigger than the Paycoin's market cap) and no data about where they spent it? Also, in the beggining (when still it was named Hashcoin), they claimed "Cryptocurrency mining is back", and it comes 97% premined. And we had the infamous "20 USD floor". When the floor failed, they started to blame the dumpers and the bad news and started t re-write the history, using the strategy of repeating a lie a lot of times until it comes true. The same happened with merchant adoption, they clearly said the large merchant adoption would come at the launch of Paycoin/Paybase. After they changed the history to "Paybase will not be born in a day". Worse, they GAW still doesn't accept Paycoin. Another question which remains is the centralization of Paycoin, with the prime controllers and HashStakers. This is really bad, because it turns the coin more easier to attack. But Paycoiners won't accept the fact of this currency is a scam. There are two type of people here: 1. They still believe in Paycoin because they can't believe in the fact of that is a scam. Admiting this would hurt themselves and could lead to a depression. 2. The don't believe in Paycoin anymore, but they don't want to sell what they have and get rid of this, because they would loose money. So, they pretend to believe in Paycoin while waiting a solid opportunity to sell. The success of a cryptocurrency can't be tied to one specific business. What happens if GAW goes to bankruptcy tomorrow? Paycoin goes to zero, because Paycoin's is not a cryptocurrency like Bitcoin, it's just GAW's currency. So, Paycoiners don't understand cryptocurrencies. If they'd understand cryptocurrencies, they would understand a simple fact: cryptocurrencies aren't ready to the masses. Just go to read the Gavin Andresen's interview at Financial Times. We are still in the early days, like the early days of the internet. Also, I have to agree with this article ( http://coinbrief.net/paycoin-succeeding-dangerous/ ). An eventual success (which is in my opinion, unlikely) would be really bad. “It's easier to fool people than to convince them that they have been fooled.” -Mark Twain |
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Go back to your troll hole ya piece of trash.
I just crawled into the troll hole they call it BCtalk why do you support a person who shadow bans people that ask questions? don't you find that a little weird? Because he is intrinsically a piece of stinking, rotten, trash. The payment he gets to engage in this scam just allows him to continue to enjoy the glory of swindling working folks out of their kids college funds and stealing little old ladies' incomes. Disgusting. Being contracted to do a service doesn't mean you are doing what the company you are contracted to do said service for has been doing. It doesn't make you guilty of their actions. He's moderating a forum. But cool story bro Bullshit. You don't get to help someone rip people off and then claim you were "just doing your job". Either you have morals and you act on them or you don't have morals and you're a slime bag. reptileboy is a slime bag. |
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Isn't the "Weird . Because normal is not working" Church chat from Josh & Wife supposed to be happening right now?
no, 23 hr 47 mins left according to the link http://www.cornerstonelifegroups.com/It'll be cancelled just like last time. |
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Thanks for clarifying, i skipped a ton of pages, hard to keep up
We are furiously trying to win the title of the longest thread on BCT before the whole XPY thing collapses. You'll never do it  Wall Observer is the longest thread,that I know of...11038 pages  https://bitcointalk.org/index.php?topic=178336.0Looks like we've got some work to do here. |
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Founder or not, congrats on that massive LTC bull run.
As a litecoin holder it has been painful to see such an obvious scam coin end up with a market cap way in excess of litecoin. It makes me wonder just how fucked up this industry is where such a situation can arise. I know many members of the bitcoin community probably regard litecoin as nothing more than a shit coin, but at least we're an honest shit coin. The paycoin market cap is total BS though, it represent nothing in terms of real fiat. The litecoin market cap is for real and represent actual fiat capital. |
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Thanks for all the responses and help! So the consensus says do not use Raspberry pi with the GBlack asic miner. If that is the case, how do uninstall the raspberry pi and hook it to my PC? Do I hoop it up with usb through the pi? Or have to have a cable running from each board?
Thanks
If you open the case there is a USB hub inside. It can be difficult to reach everything but you can swap out the USB cable that runs from the USB hub to the Pi for a longer one that can reach a nearby PC. Since the USB ports on the Pi are outside the g-black case (so the USB cable should at least extend to the external rear of the case) you can just add a USB extension also. You can leave the Pi where it is or remove it with a couple screws. I left mine in place in case I ever try and sell it but if you don't have Pi's to use to play around with you can take them out and use them for whatever while the miners are plugged in to a PC. If you use a windows PC the short version of the setup is this: Use this driver: http://www.st.com/web/en/catalog/tools/PF257938Use this miner: https://bitcointalk.org/?topic=877081I am totally sold on bfgminer, much superior to both the cpuminer(Sandor111) and cgminer(all versions). |
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The problem with that image is that it doesn't indicate what account was deleted. It could be any account. Not actual proof of anything. |
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That's right, only someone with intimate knowledge would have made that comment at the time it took place. I was there and recorded inside of 10 minutes of it happening: https://bitcointalk.org/index.php?topic=857670.msg10239236#msg10239236As soon as that kid stated that, the site had a mismatched ssl cert., html was gone but it still said coinfire in the body. I took a look at the whois and recorded it at that time as you see. Nothing between a mismatched ssl cert and broken text at that exact time, would warrant someone guessing and then stating: Perhaps someone got into their registrar and changed some things....hmmm...tooo bad...guess we will never know At that specific time. As you see even hours afterwards people at first and still think it is due to the domain having expired and being scooped up and re-registered. This would be the normal immediate thought. Except one person at the time it took place, "guessed" exactly what did actually transpire. I'm too lazy at the moment to look it up. Who are you quoting and was that from here or hashtalk? |
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