That they kill the NH pool for the Scrypt Hashlets I understand. Don't agree, but I understand Because of the nature of their business structuring that wouldn't work out. But with my "s3's" not being able to mine there is quite annoying!
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I'm sorry to go on-topic for a bit, has anyone seen the "payoutprogressbar" already somewhere?
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I have a total of 6 contracts, of which 2 are very small.
My April contract has ROI'ed, the one from end of June is getting close, the July contracts aren't even close yet. But with my April contract only returning profit the risk of not ROI'ing in total is getting smaller and smaller.
I had calculated last week it's another 10 weeks for the total account to ROI.
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Unless you have authorisation from GAW, this could cost you your account. They've just changed the rules on sales of hashlets!
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The thing is, and I have my doubts here, will you be able to make money with it, or only to "kill" GAW's margin?
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My free month of hosting for my two Ant S3's is over. So now I'm paying the hosting fee. With the decline in BTC pricing it will take quite a bit longer to recoup. Unless I start coverting fiat to BTC just to pay the hosting fees.
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v1.7.8 New Features
Allow merging of upgraded hashlets! Show notification in the Client UI and progress bar when payouts are running (thanks for the tip @Diggio)
Bug Fixes
Show pool icon when dragging to miner Fix issue with merging hashlets Fix issue with enabling auto purchase for Zen Hashlets Allow setting pool for Hashlet Genesis without refreshing the page Fix issue with changing pool for SHA 256 Miners Fix issue with showing power in MH instead of GH for Hashlet Genesis when purchasing
The bold part is interesting. This will at least give some "breathingroom" when you see it's almost done
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Dude, don't use a referral link unless you are clear about it. That's not cool. Just paste the link instead of "hiding" it this way. People can decide whether they want to give you the referral fee.
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If they've invested in a huge batch of Ant S3's (or similar efficient hardware) and see 40 gh as 1 mh it's easy to see where they earn their profit. For now SHA is paying out more than scrypt so this could've been a very cheap way to get a large amount of SHA mining power while paying only part of the revenue for a "unit".
Payouts I initiated yesterday weren't paid out, tried it again and showed up in my wallet right away.
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I'm curious whether they'll make a ZenPool for SHA256 too, because that would be nice and verifiable.
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From the newsletter of GAW: Hashlet Prime Updates Also, Hashlet Primes are going to be able to switch to SHA-256 at the end of next week. You will be able to switch it between Scypt and SHA on the fly! We will explain how this will work next week. So probably 1 Mh/s = 40 Gh/s SHA256, since 10 Gh has 0,02 cost a day and a prime hashlet 0,08.
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Let's stick to the topic pleaaaaaase GAW has Bitcoin hashlets now: http://gawminers.com/pages/hashlet-genesisSo with this we SHOULD be able to find something about their miningefforts in the blockchain. 0.0206562 is (with current rates) their price for 10 Gh/s. Fee according to their website is $.02/day per 10GH. I'm curious what will happen with lowering the costs, since according to a calculation on bitcoin wisdom calculator (10% increases) you won't make back more than half of the investment before it turns negative in 236 days.
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I've received my 1 Gh too. Have bought 2 Gh's more, just to support the promotion effort. Now my cost for the hashes is effectively 33% lower. I should be able to make a profit with that I want to recommend to anyone who's received a free Gh to do the same, to support the promotion
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You could also go to freelancer.com and ask to be paid in bitcoin, but that's not automatically crypto related writing.
Probably you'd have to use their payment system. So have to convert to bitcoin yourself. Same with fiverr or similar sites.
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I just noticed something - the daily fee on my wafflet is ~50% of its earnings. I understand it's a gift horse and all that but I wonder what happens if it starts closing in on 100%. I hope I can discard it somehow.
Probably moving them to the next level hashlet (for a small fee if needed)
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i don't know who sfire is, but does sfire have more credibility than GAW? has sfire shown all the miners he/she has? Why? sfire is not taking anybody's money, private mining farm as far as I know. Besides there is no need to see the miners, a message signed with the address would be more substantial proof if sfire wanted to prove anything (or GAW, if this is GAW's address). Decent daily payouts!
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Question: is GAW mining on any pools other than ZenPool? A: Almost definitely not.
when the hashlets were announced, they published an Zen address with clevermining. that address quickly went from 70Ghs or so to over 140Ghs. We can't obviously proove it belongs to them, but in my book, that would change the answer to: "they have at least provided some evidence that they mine, at least partially, in clevermining" Do you have that address? Exactly the same idea here! [edit] CM does 112 Ghs, so 140 wouldn't be possible
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someone was selling an house for bitcoin, in the other section
Me This does not refer to crazy shit though I saw a post about somebody selling a skull. That was pretty crazy. His own? Or someone elses
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This has been hashed out (not supposed to be a pun) so much that even the terms of service for Zenpool lay out that Hashlets are virtual items that will never mine an outside pool, but only track other pool's payouts.
That hasn't been said. The TOS states that you can't demand mining at that pool but that they at least will reimburse what you would've mined there if they hadn't in your case. Doesn't say they DON'T mine. Just says they don't have to. Like rdyoung said, legal reasons. Of course they don't mine, they have sold as much hashpower as the entire Scrypt network. Stop being a moron, it's a difficulty derivative. You're not paying for miners. Sure, they're most certainly not mining scrypt with all sold "Mh's". They could very well have bought a thousand Ant S3's since they're more economical and have a better change of ROI than most scrypt hardware. Which means that they give you what a certain pool could've made you had you pushed a Mh there. Still, there is no proof that they're completely not mining, or that they're not mining at all at a pool.
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This has been hashed out (not supposed to be a pun) so much that even the terms of service for Zenpool lay out that Hashlets are virtual items that will never mine an outside pool, but only track other pool's payouts.
That hasn't been said. The TOS states that you can't demand mining at that pool but that they at least will reimburse what you would've mined there if they hadn't in your case. Doesn't say they DON'T mine. Just says they don't have to. Like rdyoung said, legal reasons.
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