GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-)

[EvilPanda]

I'm evil

A few pictures of the new data center for the doubters:
https://hashtalk.org/topic/6512/another-new-hahslet-home

[zdaz14]

I'm evil

A few pictures of the new data center for the doubters:
https://hashtalk.org/topic/6512/another-new-hahslet-home

"But Evillllll GAW doesn't have data centers they're just a Ponzi Scheme, everyone knows that"


Queue such moon soon.

[tom14cat14]

I'm evil

A few pictures of the new data center for the doubters:
https://hashtalk.org/topic/6512/another-new-hahslet-home

You will never convince everyone.

[elrugrim]

The inside scoop on Hashlets.   Gaw is actually the sponsor's of the black mass, and is using the powers of evil to steal BTC from Satoshi's account to fund the giant ponzi!

[AirFlame]

Yes gaw is EVIL and building a machine that will do a 51% attack o_0 'you have been warned'

[suchmoon]

I'm evil

A few pictures of the new data center for the doubters:
https://hashtalk.org/topic/6512/another-new-hahslet-home

"But Evillllll GAW doesn't have data centers they're just a Ponzi Scheme, everyone knows that"


Queue such moon soon.

Meh, that's too easy. Pictures of the same warehouse in Mississippi that was at full capacity a month ago. It would be nice to see some new scenery from the other 11 data centers, if pictures is all we can get. But you know what they say - 8 mined blocks are worth a thousand pictures, or something like that.

Don't clump me together with the ponzi crowd though, I never said nor implied that. All I'm looking for is some answers and they tend to be hard to find. Whenever we do find something it's posted front and center in the OP.

[elrugrim]

Yeah, suchmoon is a reasonable skeptic who likes hard data.    He isn't one of the whackjobs of the thread.

[tom14cat14]

I posted these in another thread
https://bitcointalk.org/index.php?topic=749980

I am a GAW customer as well.
But I have to admit that now I understand more about GAW's "business model", and they are very very dodgy.
They are selling a "service" with no real miner on the back.  They have a tiny "data center" which is just a small basement.

There is a website collecting information about GAW fraud, and I believe all the questions they raised are valid:

 https://flexhash.com/

So GAW is simply gambling with customers money. They are betting on difficulty increasing and LTC price dropping.
Yes, they are still paying out, but I am wondering who manipulated LTC market recently?  With leverage, it doesn't cost a lot of money to make LTC price drop.

If you don't care how GAW use your money, feel free to join them.

But this type of "business" is destroying our crypto currency ecosystem, destroying the whole mining industry and making good profit from miners like us by manipulating the market.

Who want to stay in a world full of scammers?


If you really want to defend GAW, be logical and find hard evidences. It's doesn't mean anything simply claiming you are a customer.  Maybe you are at higher layer of a ponzi scheme, but still, it's a ponzi scheme.  Later customers will be victims.  Do not help those fraudster!

Do you realize how much weight your statements carry with most users? 1 you are new. 2 you are just making claims with no proof backing it up. Watch I will do it right now.  GAW miners is real they have multiple huge Data center's and have tons of hashpower that is still not even tapped. They are making a ton from mining that is how they can pay everyone. Selling us hashlet's just offset their risk. They get profit upfront while we take 90-130 days to see our profit.
 See I have no proof of what I just said but I am making a claim with as much evidence as you so it must be true.

[forzendiablo]

the only REAL way for them to proove they have that hashes is to make videos [uncut] of their data centers.
but they wont do it im sure

imo - they have alot o hashing power but.. alot of this money is gambling

still if they do smart gambling [ie doing maring trading and lowering prices on purpose] it may still be best hedge fund to invest in

[DARKANGEL6415]

I'm evil

A few pictures of the new data center for the doubters:
https://hashtalk.org/topic/6512/another-new-hahslet-home

LOL WTF i take it someone dont like suchmoon i see on the last picture " from when i looked at it " had a sewage pipe or something for suchmoons tears. Lol that was funny though but in noway take it as me having a problem with suchmoon as they have answered my questions in the past

[suchmoon]

I'm evil

A few pictures of the new data center for the doubters:
https://hashtalk.org/topic/6512/another-new-hahslet-home

"But Evillllll GAW doesn't have data centers they're just a Ponzi Scheme, everyone knows that"


Queue such moon soon.

Meh, that's too easy. Pictures of the same warehouse in Mississippi that was at full capacity a month ago. It would be nice to see some new scenery from the other 11 data centers, if pictures is all we can get. But you know what they say - 8 mined blocks are worth a thousand pictures, or something like that.

Don't clump me together with the ponzi crowd though, I never said nor implied that. All I'm looking for is some answers and they tend to be hard to find. Whenever we do find something it's posted front and center in the OP.

Are you talking about pictures from this post?
https://bitcointalk.org/index.php?topic=720844.msg8452780#msg8452780

There are 2 warehouses there. They showed the interior of one of them (the smaller one) and the outside of the other. These new photos show the inside of the bigger one, so it wasn't full before.

I was talking about the PR pictures they posted a while ago, like this one: http://i.snag.gy/WE5Kk.jpg
This is also the inside of the "bigger one".

There were doubts if that was a shipping warehouse or a mining farm because there are no cables or any other infrastructure except miners on shelves. To which the CEO responded that this is indeed a mining farm nearing full capacity and the last few shelves of miners were chosen for the photo shoot right before they were plugged in. I'm paraphrasing here because I think the original post was eaten by hashtalk migration. So it feels a bit like a time machine trick to see a transformer pad still under construction and the interior still being furnished. Either these new pictures are old or those old pictures are not a functioning mining farm. Probably the latter, because there is some cabling and ducting in the new pictures.

[suchmoon]

the only REAL way for them to proove they have that hashes is to make videos [uncut] of their data centers.
but they wont do it im sure

imo - they have alot o hashing power but.. alot of this money is gambling

still if they do smart gambling [ie doing maring trading and lowering prices on purpose] it may still be best hedge fund to invest in

I don't think it's reasonable (security issues and whatnot) or necessary to do that. Mined blocks + signed message would do just fine. Far easier to provide and far more difficult to fake. My memory might be failing me but I don't remember if they ever provided a reason why they wouldn't do that.

[DARKANGEL6415]

we all know and so does amber from gaw that the best area according to alot of different places is washington state in the usa. No i am about 2400 miles from there before anyone says i want them near me. I am just saying this since seems washington state NOT washington dc has some of the nations cheapest renewable energy. So its cheap power and people will be happy they using clean green energy.

[suchmoon]

I was talking about the PR pictures they posted a while ago, like this one: http://i.snag.gy/WE5Kk.jpg
This is also the inside of the "bigger one".

There were doubts if that was a shipping warehouse or a mining farm because there are no cables or any other infrastructure except miners on shelves. To which the CEO responded that this is indeed a mining farm nearing full capacity and the last few shelves of miners were chosen for the photo shoot right before they were plugged in. I'm paraphrasing here because I think the original post was eaten by hashtalk migration. So it feels a bit like a time machine trick to see a transformer pad still under construction and the interior still being furnished. Either these new pictures are old or those old pictures are not a functioning mining farm. Probably the latter, because there is some cabling and ducting in the new pictures.

This looks like the same building, but the miners are gone. They said there are 3 data centers, so it's possible they were using one of the warehouses to store the hardware while preparing the other.
The miners shown on that "PR" photo may be already working in a different location.
Anyway it doesn't look like they're packing their bags and running as some people suggested. The CEO was asking on hashtalk for best data center locations, so they are planning to expand even further.

I agree, there might a plausible explanation for all this, they're just not making it easy with those announcements etc. For example maybe the hashlet was - at least in part - a pre-order to fill up that warehouse slash mining farm. Which would explain the hesitation to publish mining proof/stats and the new ductwork and perhaps even the Vaultbreaker to some extent.

BTW they mentioned 12 data centers:

http://www.datacenterknowledge.com/archives/2014/09/08/gaw-miners-bitcoin-arms-race-shifts-to-the-cloud-2/2/

[oshnap]

I was thinking about purchasing a couple hundred mh from these guys but I couldn't find any reliable stats on zenpool and the price just seems too good to be true.  The 400 mh titan miners are selling for like ~7k but they advertise a 500mh hashlet for ~8k which doesn't make any sense to me. I have tried to call their toll free number several times and haven't received a call back. I was planning on spending a fairly large amount of money but they can't seem to find the time to call me back? Maybe it was because I expressed my concerns regarding the too good to be true pricing, lack of support, and lack of zenpool stats. sketch level 9000+

Hi!

If you can send me an email with your contact info I can get you in contact with the right person! Thank you for your interest!

Sincerely,
Amber
amber@gawminers.com

I will try to make contact again when GAW publishes the zenpool stats.

[crazyivan]

How is this LTC diff increase going to affect payouts?

[Zeta0S]

How is this LTC diff increase going to affect payouts?

[suchmoon]

How is this LTC diff increase going to affect payouts?

Interestingly the recent diff increase seems to be balanced by Doge merge mining, because overall Scrypt multipool profitability did not go down, maybe even went up a little bit. So that's for the "cheap" hashlets. It's not really clear how it's going to affect Prime/Zen or if it's even related to LTC in any way. ZenPool payouts seem to be holding still.

[DARKANGEL6415]

How is this LTC diff increase going to affect payouts?

dam so now can get 5% discount on genesis mining " based on your signature line or promos space whatever they called not yours specifically " and they life time contracts? This is a good deal i sean they was $14.99 if bought 100 MHS or more and that is without discount even said lifetime. If i am correct has genesis cloud mining been around longer than gaw miners cloud hell even before hashnest right? So we know they are established and the prices seem good and the discount just tops the cake to make it even better? Is there anything i am missing on genesis cloud miners?

[xephyr]

Weekly return on Genesis Mining is a couple percent less than ZenHashlets.