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

[coinGeek]

that's why there is no increase. It was already there.

Where is "there"? It's not about an increase, it's about where you could possibly hide 250 GH/s of Scrypt hashrate, probably a lot more once the Vaporbreakers come online. That is 1/3 of LTC hashrate and about twice the hashrate of all other Scrypt coins combined. Before you tell us that they bought F2Pool or some other major LTC player eons ago, consider that ZenPool is paying nearly twice LTC profitability. So if Zen is mining LTC they would have to nearly double the hashrate to sustain the payments (i.e. if you bought 1 MH/s they would have to run ~2 MH/s for you behind the scenes). 51% anyone?

Really the only feasible mining operation they could be running would be BTC. 6-8 BTC blocks per day would cover their payouts I think. Still a massive operation like that wouldn't go unnoticed and it's unclear why this all song and dance about Scrypt is needed if it's just BTC mining. I also don't see how the high payouts would be sustainable in this scenario.

This is an easy to understand question that gets to the heart of the naysayers argument. Why haven't the GAW supporters shut everyone up by simply explaining where the hashrate is going?

The numbers are all publicly available and you can subtract the known hashrate of the big pools pools and point to what's left. Why can't anyone do it hasn't anyone done it yet?

[1715697625]

1715697625

[1715697625]

1715697625

[dekodoge]

Hashlet price will be going up again soon to $24.95 per mH. Good news for early buyers at $16 who will be able to sell for a profit if they choose.

And where did you see this?

[Honeycutt22]

Hashlet price will be going up again soon to $24.95 per mH. Good news for early buyers at $16 who will be able to sell for a profit if they choose.

And where did you see this?

Yea, I haven't seen the 24.99 figure and I read every post on those forums.

[FlexHash]

So, you are blind to GAW's lies but accuse me of creating new account? I am sure you have some proof?

Of course I have! Date Registered:   August 25, 2014

You can't be running this mining farm, you're not smart enough...

I have publicly said that this account was created yesterday.  
You were accusing me of creating other accounts, I was asking proof that my account is linked to those other members who also don't like GAW's dodgy business.
Now you are claiming the mining farm I showed is not run FlexHash because we are not smart enough, so basically you are saying that photo is photoshopped?

[FlexHash]

So, you are blind to GAW's lies but accuse me of creating new account? I am sure you have some proof?

Of course I have! Date Registered:   August 25, 2014

You can't be running this mining farm, you're not smart enough...

LOL - Flex isn't to sharp it would seem. Isn't flexhash.com a competitor... Interesting he would want to call GAW miners a scam... Hrmmmmm

No, again, GAW is not a competitor, it's just a dodgy business full of lies.

Let's wait and see.
We will allow customers to buy real hashing power to mine on any pools they choose. in another word, customers will have real control on real miners without paying for shipping costs, not just looking at an artificial graph.
We will be happy to provide honest answers to our customers, not fool them by false claims (fake miner, fake numbers in money and hashing power)

[dekodoge]

Hashlet price will be going up again soon to $24.95 per mH. Good news for early buyers at $16 who will be able to sell for a profit if they choose.

And where did you see this?

Yea, I haven't seen the 24.99 figure and I read every post on those forums.

Email from company rep.

anyone else can also confirm this?

[MOB]

Jeesh, that $25/MH puts ROI 90 days out with no reduction in profitabily.  So, more like 140+ days to make back the initial investment.  Who would buy that?

[alienesb]

So, you are blind to GAW's lies but accuse me of creating new account? I am sure you have some proof?

Of course I have! Date Registered:   August 25, 2014

You can't be running this mining farm, you're not smart enough...

LOL - Flex isn't to sharp it would seem. Isn't flexhash.com a competitor... Interesting he would want to call GAW miners a scam... Hrmmmmm

No, again, GAW is not a competitor, it's just a dodgy business full of lies.

Let's wait and see.
We will allow customers to buy real hashing power to mine on any pools they choose. in another word, customers will have real control on real miners without paying for shipping costs, not just looking at an artificial graph.
We will be happy to provide honest answers to our customers, not fool them by false claims (fake miner, fake numbers in money and hashing power)

OK, let us know when you start posting the truth. Until then we'll continue to make fun of you.

[dekodoge]

Jeesh, that $25/MH puts ROI 90 days out with no reduction in profitabily.  So, more like 140+ days to make back the initial investment.  Who would buy that?

somehow xephyr knew about this price increase on the 7th?

[MOB]

Jeesh, that $25/MH puts ROI 90 days out with no reduction in profitabily.  So, more like 140+ days to make back the initial investment.  Who would buy that?

somehow xephyr knew about this price increase on the 7th?

The 7th?  What do you mean?  The 27th? i.e. tomorrow?

That pic looks like it is part of an email to affiliates, so seems plausible enough to me.  Volder sure as hell knew about price increases ahead of the forum and any announcements.

[dekodoge]

Jeesh, that $25/MH puts ROI 90 days out with no reduction in profitabily.  So, more like 140+ days to make back the initial investment.  Who would buy that?

somehow xephyr knew about this price increase on the 7th?

The 7th?  What do you mean?  The 27th? i.e. tomorrow?

That pic looks like it is part of an email to affiliates, so seems plausible enough to me.  Volder sure as hell knew about price increases ahead of the forum and any announcements.

From here.

http://altcoinforum.org/index.php?PHPSESSID=e86c13630653ecb6308da9e3880f8810&topic=8

first post.

Your other best option right now is to purchase Hashlet Digital Cloud Miners from GAWMiners for $20 per mH. Current yield is 13.7% per week and you should achieve ROI (return on investment) in two months. Price of Hashlets increased from $16 to $20 per mH on 8/24 due to GAWMiners running out of reserve mining power from high demand, and price will soon increase to $24.95. GAWMiners also runs the site One Miner where you can find good daily deals on discounted altcoin miners, often hosted.

Maybe he edited the first post to includes these details and we only see the first posting date.

[alienesb]

That's Xepher's site I believe so yeah, he probably edited after he saw the announcement for the affiliates.

[suchmoon]

Jeesh, that $25/MH puts ROI 90 days out with no reduction in profitabily.  So, more like 140+ days to make back the initial investment.  Who would buy that?

OTOH where else can you buy scrypt cloud mining for $25 per mH? Only provider I track with lower cost/mH is ltcgear.com. Hashlets were a real bargain at $16.

Would be ironic if GAW kicked you out of affiliates for this leak.

Care to address why you yanked and locked your hashlet thread? 

https://bitcointalk.org/index.php?topic=741838

[alienesb]

Jeesh, that $25/MH puts ROI 90 days out with no reduction in profitabily.  So, more like 140+ days to make back the initial investment.  Who would buy that?

OTOH where else can you buy scrypt cloud mining for $25 per mH? Only provider I track with lower cost/mH is ltcgear.com. Hashlets were a real bargain at $16.

Would be ironic if GAW kicked you out of affiliates for this leak.

Care to address why you yanked and locked your hashlet thread? 

https://bitcointalk.org/index.php?topic=741838

Must be a conspiracy. I think Josh gave him a million dollars. Think about it, it makes perfect sense! Of course he does post links to competitors on Hashtalk so maybe not. Oh hell, another mystery that amounted to nothing but grasping at straws.

[xephyr]

Thread was being run over by trolls and haters, not my original intent for the thread. If you do not like self moderated threads you always have the option to post somewhere else.

[EnJoyThis]

I can confirm GAW telling price will go up.

It was sent to all affiliates.

Here is a screenie.

[ScryptHasher]

Basically buy now sell later @ profit..

You know what they say about things that seem too good to be true?

[Flep182]

I wonder what all these price raises will work up to.

[coinGeek]

I wonder what all these price raises will work up to.

Ask what the market will bear and that's probably it. It will be $something.99 or $something.95

I say this because it reads like a classic, well planed retail marketing campaign. It has things like $xx.99 pricing, better deals for early buyers, and maybe even extra high rewards in the beginning to spur sales, very low price point option to bring the masses in the door, marketing affiliates and the whole deal.

You have to admire how well done it is.

[suchmoon]

I have updated the OP to bring it up to date and to highlight the major questions I have about this whole affair.

Let me know if I missed anything, just don't forget that the subject of this thread is "DOES IT EXIST" (the hashlet/cloud thingy), not "WHY I HATE/LOVE GAW" or "MY FARM IS BIGGER THAN YOURS" 

On a side note I feel somewhat disappointed that ZenPool doesn't show the total hashrate anymore. It was fairly cheap geeky entertainment to watch it achieve all those milestones: larger than the largest Scrypt pool, larger than all Scrypt altcoins, more than 25% LTC, etc. I was really looking forward to 51% LTC and a hard evil fork