|
Newegg has a pretty decent deal on the evga supernova 1300 today. $159 with a $30 rebate makes it $129. I ordered one up to replace my corsair cx750m's These particular corsair PSU's were discounted refurbs so that may be why my S5 shut down after a couple hours. I swapped it with another cx750m that I had on an S3, all good so far.
|
|
|
|
|
So isn't that an antminer S3 with the top removed pictured on the gaw website as the rockminer R3?
|
|
|
|
|
So is a corsair cx750m not beefy enough for these? I have two S5 running on one corsair cx750m each (which only have two PCIe cables each that split to provide two plugs each for a total of four). I did have one unit shut off randomly after a couple hours of mining yesterday but I didn't pay attention to whether the PSU had shut off or just the S5. The S5 was power off though, no lights, no fan, nothing. Turning the PSU off and back on brought it back up and it has been running since. The other unit has been running the whole time.
|
|
|
|
New forum incoming: https://hashtalk.org/topic/28846GAWCEO
Admin
Moderator
Industry Innovator
New forum and new management
I have some great news!
We are in the process of moving to new forum software! We are excited to have full forum functionality.
We are also moving out our announcements out of the forum so the forum can become independent. Over the next few weeks, I intend to separate the forums from GAW and be independently managed.
This would provide a vender neutral platform and fix many of the censoring issues that some of you have.
Soon, HashTalk will change and become more industry focused. I am still a couple pages back and trying to get caught up so someone else may have already suggested this but by switching to a new forum they have a good excuse for why suddenly every post they ever made was deleted. Could just be cover for their habit of disappearing history. |
|
|
|
Shit just got real  I like how even the drones are pushing back in the face of his bullshit now. Jack isnt a drone, probably pushes more buttons than most anyway. I haven't had reason to suspect he is at all. You will find his posts get hidden and buried very fast. Notice how GAW ignored it and the influx of dead shits posted afterwards all this happy shit. I figured only drones were left over there at this point. In truth I never read hashtrash or whatever it's called unless someone posts a link to something interesting in this thread. So I have no idea who is who over there. |
|
|
|
this is 100% a 'message' to temp raise the price of the coin so he can dump a few 1000 more coins to the blind followers. Such a shame. How does he sleep at night.
Looks like it drove the volume up but not the price so far. If I was a bag holder I would use this as my exit right now. |
|
|
|
Shit just got real I like how even the drones are pushing back in the face of his bullshit now. |
|
|
|
|
Considering their gawful credibility I think I need a first hand report from someone who ordered it. Maybe too soon for anyone to have received one though.
|
|
|
|
I was just wondering what power supply they are providing with them?
I was curious about that as well. |
|
|
|
A quick thought on why GAW might really be geniuses ...
It occurred to me that this whole Paycoin disaster could have been planned, not as a scam but as a way to get Josh out of the serious hot water that he was in as a result of the Hashlet fiasco.
Consider that, before Paycoin, hashlets were sold at a fairly impossibly high rate with Josh claiming to have hashrate that would have consumed a large percentage of the entire litecoin network (I cannot recall the calculation, but I think someone calculated 75%) and that early in the Hashlet days. Then is came out that there was zero evidence of any actual scrypt mining going on (pool operators that GAW was claiming to use such as multipool stated that there was no such hashing on their pools), and Josh was forced to admit that he was not actually mining those pools, only payout out comparable payouts. Then, it was eventually revealed that Zenpool did not even involve scrypt mining but instead was some hodgepodge of mysterious business profits from Josh's investing activity (coin ICOs, rentals were pointed out by Josh) allocated (presumably in Josh's discretion) to Zenpool. Hashlet payouts tanked and never returned. At some point (not sure when) it became "known" on HT that there never was any scrypt mining going on in the scrypt hashlets (some apologists argue that was okay, because they claim GAW was mining SHA256 all along and paying out based on Scrypt profitability; that may or may not be true but its still fraud if that is what GAW did).
The worst part, from a legal perspective, is that Josh/GAW had made several promises that they could not keep:
(a) Hashlets would always be profitable,
(b) Hashlet maintenance fees would reduce over time
(c) Prime hashlets would always be upgraded to the most current tech
(d) Hashlets would last forever (unlike other cloud mining services, GAW did not have a clause that allowed termination when the miners's costs exceeded payouts)
(e) Hashlets were described as scrypt miners, but there was insufficient scrypt mining power in the universe to satisfy the sales
Worse for GAW, no new scrypt chips were being released that would be more efficient versus the "old tech" A2 chip; meaning that GAW's promises (which might have been achievable with Moore Law type reductions in cost and increase in efficiency) could not be met; even worse, Gridseed, Zeus and Bitmain all cancelled their next-gen scrypt projects and Zeus's chips for GAW's custom miners turned out to be crap
Clearly, there was no way GAW could continue to sell "scrypt" hashlets for $16 - $49 per mhs and without that new revenue there is no way GAW could continue (even if GAW was legit at that point - a debatable assumption - by Josh's own admission he needed a steady stream of customers to achieve his goal of large scale demand-side economics that would make the hashlet promises above semi-achievable).
GAW could not simply terminate the hashlets, but to continue to operate the hashlet empire without strong sources of new revenue would be a disaster for any business. GAW was facing a choice between a long, drawn out death by attrition; or a fast death followed by lots of lawsuits (since the hashlet contracts were forever and "always profitable").
A good "fixer" could have decided that the best solution would be Paycoin. Offer Hashlet owners, who by then were suffering from 1 satoshi payouts and lots of doubts, a conversion into an alt-coin ICO. If it succeeds, everyone is happy. If it fails, at least GAW is out from under the certain death of continuing to "operate" hashlets at a loss forever and/or lawsuits as GAW can simply claim that they tried to make Paycoin work, but the market didn't accept it (no contracts to be profitable "forever", no promises of reduced maintenance fees to deal with, etc.)
Consider also that, had GAW simply launched Paycoin/Paybase without all of the false promises, backtracking, screwups, bad launch, premining, etc. they might have succeeded in extricating themselves from the hashlet trainwreck. As usual though, a good plan fails at GAW from lack of execution.
I mentioned something like a hundred pages back that the cantor fitzgerald paycoin scam was an exit strategy for the ponzi that came before it. Whether that was the plan all along or not I don't know. And even when I mentioned it I had heard someone else here on the forum (maybe you? I can't recall.) suggest it way, way back when they very first began talking about the cantor fitzgerald paycoin scam. |
|
|
|
|
I can't imagine Josh would show his face in Miami at this point. He will say he needs to stay home and "man the paycoin ship" and his blind followers will compliment him on his dedication and commitment.
|
|
|
|
|
Kind of suspicious that every item on hashra.com went "sold out" at the same time. Not all of those are even hashra branded, like the zeus miners. And then some of those are SHA256 miners. But they all sold out at the same time?
|
|
|
|
|
Can someone explain the homero thing? I have read a lot of this thread but at 750+ pages I may have missed some of it. Why are people referring to Josh as homero?
|
|
|
|
Question,
To all those that are anti-PayCoin, did you make some money with PayCoin? Just curious. I have. Watching the up and downs has put a little extra BTC in my wallet.
It crossed my mind but I feel it is unethical to take advantage of people who are obviously mentally challenged. |
|
|
|
|
They changed their website to out of stock on everything whatever that means. I was sorely tempted by their scrypt miners but after getting burned on pre-orders by BFL I just couldn't make myself order any.
|
|
|
|
Also, if anyone has coupons for sale, please pm me your offer... Thanks.
The coupon transfer functionality on the website seems to be broken so I don't think anyone can buy or sell coupons right now. |
|
|
|
Here was a gem in the comments in the Coin Telegraph story:  This guy is obviously not the sharpest tool in his shed... Pretty sure Einstein could spell stupidity. Ironic that whoever made that picture couldn't. |
|
|
|
The stupid is never ending with these people. To me that is the most amazing thing about this whole scam. The level of self delusion and denial in these people. I know that generally speaking people are stupid but some of those people over there on hashtrash (or whatever) have jobs which require actual brain power and yet their brains are not functioning at all to help them make smart decisions about these gaw scams. Just blows me away. |
|
|
|
|
What is the process for transferring coupons? Is that donate button supposed to do something? I mean I would assume so but mine doesn't.
|
|
|
|
|
Show Posts
And probably all their credit card data stolen...
