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

[suchmoon]

That thread is a gold mine

tl;dr

CEO is offering refunds via PM.

CEO has contacted NiceHash to find a solution and also said "a deal is in the works" in response to someone's suggestion that GAW should buy NiceHash.

"If I had our hashing power pointed, it would blow the pool [NiceHash] up. And the profits would be peanuts."
...
"I considered pointing my hashing power there to make a point. But wont out of respect for Nice Hash".
...
"You will see the payouts on nice hash after we removed it. Just watch".
...
"Just know, I did not make the decision lightly, I was up most of the night thinking about it.

I know many of you would be upset. But I just can not put the future of our system at risk. I knew as soon as it got at that you could do this, more people with start trying.

Listen everyone. We have ALWAYS done right by you. I am about to upgrade a Hashlet that was purchased for $16 (in some cases less) to 30-40GH, which is worth twice as much. Where do you think the money to buy that hashing power comes from? Or profits.

My point is, it does not makes sense to invest in to our customer and business they way we do, to then just screw everyone over one pool. So please, think about this before you post."
...
"the real solution is our own rental/pool service. Which is coming."

[alienesb]

That thread is a gold mine

tl;dr

CEO is offering refunds via PM.

CEO has contacted NiceHash to find a solution and also said "a deal is in the works" in response to someone's suggestion that GAW should buy NiceHash.

"If I had our hashing power pointed, it would blow the pool [NiceHash] up. And the profits would be peanuts."
...
"I considered pointing my hashing power there to make a point. But wont out of respect for Nice Hash".
...
"You will see the payouts on nice hash after we removed it. Just watch".
...
"Just know, I did not make the decision lightly, I was up most of the night thinking about it.

I know many of you would be upset. But I just can not put the future of our system at risk. I knew as soon as it got at that you could do this, more people with start trying.

Listen everyone. We have ALWAYS done right by you. I am about to upgrade a Hashlet that was purchased for $16 (in some cases less) to 30-40GH, which is worth twice as much. Where do you think the money to buy that hashing power comes from? Or profits.

My point is, it does not makes sense to invest in to our customer and business they way we do, to then just screw everyone over one pool. So please, think about this before you post."
...
"the real solution is our own rental/pool service. Which is coming."

Without the ability to resell hashlets they are worth exactly what was paid for them so that argument does not hold water.

[zdaz14]

That thread is a gold mine

tl;dr

CEO is offering refunds via PM.

CEO has contacted NiceHash to find a solution and also said "a deal is in the works" in response to someone's suggestion that GAW should buy NiceHash.

"If I had our hashing power pointed, it would blow the pool [NiceHash] up. And the profits would be peanuts."
...
"I considered pointing my hashing power there to make a point. But wont out of respect for Nice Hash".
...
"You will see the payouts on nice hash after we removed it. Just watch".
...
"Just know, I did not make the decision lightly, I was up most of the night thinking about it.

I know many of you would be upset. But I just can not put the future of our system at risk. I knew as soon as it got at that you could do this, more people with start trying.

Listen everyone. We have ALWAYS done right by you. I am about to upgrade a Hashlet that was purchased for $16 (in some cases less) to 30-40GH, which is worth twice as much. Where do you think the money to buy that hashing power comes from? Or profits.

My point is, it does not makes sense to invest in to our customer and business they way we do, to then just screw everyone over one pool. So please, think about this before you post."
...
"the real solution is our own rental/pool service. Which is coming."

Without the ability to resell hashlets they are worth exactly what was paid for them so that argument does not hold water.

You're welcome to a refund then!

[alienesb]

That thread is a gold mine

tl;dr

CEO is offering refunds via PM.

CEO has contacted NiceHash to find a solution and also said "a deal is in the works" in response to someone's suggestion that GAW should buy NiceHash.

"If I had our hashing power pointed, it would blow the pool [NiceHash] up. And the profits would be peanuts."
...
"I considered pointing my hashing power there to make a point. But wont out of respect for Nice Hash".
...
"You will see the payouts on nice hash after we removed it. Just watch".
...
"Just know, I did not make the decision lightly, I was up most of the night thinking about it.

I know many of you would be upset. But I just can not put the future of our system at risk. I knew as soon as it got at that you could do this, more people with start trying.

Listen everyone. We have ALWAYS done right by you. I am about to upgrade a Hashlet that was purchased for $16 (in some cases less) to 30-40GH, which is worth twice as much. Where do you think the money to buy that hashing power comes from? Or profits.

My point is, it does not makes sense to invest in to our customer and business they way we do, to then just screw everyone over one pool. So please, think about this before you post."
...
"the real solution is our own rental/pool service. Which is coming."

Without the ability to resell hashlets they are worth exactly what was paid for them so that argument does not hold water.

You're welcome to a refund then!

Stop being a sheep. If you get a refund they are still only worth exactly what you spent on them. I bet I have more skin in this game than you so shhhh little noob.

[specialed101]

"shashlets"...LOL ...
Sounds almost like "shashliks"...

http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0CCcQFjAB&url=http%3A%2F%2Fwww.bbcgoodfood.com%2Frecipes%2F2257642%2Flamb-shashliks-with-rosemary-and-garlic&ei=rdwPVNW2GYqRgwTpi4GgDw&usg=AFQjCNHlLJMzAF005f8E9ao-f0i8enIdaA&sig2=C2eoNo3fmpxwNV7CtzGtRw&bvm=bv.74649129,d.eXYi

Cheers,

ZiG

I do like shashlik.

[verloren]

From the NiceHash SHA cancellation thread on Hashtalk:

GAW_CEO

No, the real solution is our own rental/pool service. May be coming.

[alani123]

That thread is a gold mine

tl;dr

CEO is offering refunds via PM.

CEO has contacted NiceHash to find a solution and also said "a deal is in the works" in response to someone's suggestion that GAW should buy NiceHash.

"If I had our hashing power pointed, it would blow the pool [NiceHash] up. And the profits would be peanuts."
...
"I considered pointing my hashing power there to make a point. But wont out of respect for Nice Hash".
...
"You will see the payouts on nice hash after we removed it. Just watch".
...
"Just know, I did not make the decision lightly, I was up most of the night thinking about it.

I know many of you would be upset. But I just can not put the future of our system at risk. I knew as soon as it got at that you could do this, more people with start trying.

Listen everyone. We have ALWAYS done right by you. I am about to upgrade a Hashlet that was purchased for $16 (in some cases less) to 30-40GH, which is worth twice as much. Where do you think the money to buy that hashing power comes from? Or profits.

My point is, it does not makes sense to invest in to our customer and business they way we do, to then just screw everyone over one pool. So please, think about this before you post."
...
"the real solution is our own rental/pool service. Which is coming."

TL;DR
Everything is coming.

It's quite funny how GAW managed to lure people into buying their crappy virtual miners only to latter tell them that those promised features are upcoming, and the miners are actually virtual. I love seeing them rage. It's quite funny how this scheme is barely a month old and has already started falling apart.

[zdaz14]

That thread is a gold mine

tl;dr

CEO is offering refunds via PM.

CEO has contacted NiceHash to find a solution and also said "a deal is in the works" in response to someone's suggestion that GAW should buy NiceHash.

"If I had our hashing power pointed, it would blow the pool [NiceHash] up. And the profits would be peanuts."
...
"I considered pointing my hashing power there to make a point. But wont out of respect for Nice Hash".
...
"You will see the payouts on nice hash after we removed it. Just watch".
...
"Just know, I did not make the decision lightly, I was up most of the night thinking about it.

I know many of you would be upset. But I just can not put the future of our system at risk. I knew as soon as it got at that you could do this, more people with start trying.

Listen everyone. We have ALWAYS done right by you. I am about to upgrade a Hashlet that was purchased for $16 (in some cases less) to 30-40GH, which is worth twice as much. Where do you think the money to buy that hashing power comes from? Or profits.

My point is, it does not makes sense to invest in to our customer and business they way we do, to then just screw everyone over one pool. So please, think about this before you post."
...
"the real solution is our own rental/pool service. Which is coming."

Without the ability to resell hashlets they are worth exactly what was paid for them so that argument does not hold water.

You're welcome to a refund then!

Stop being a sheep. If you get a refund they are still only worth exactly what you spent on them. I bet I have more skin in this game than you so shhhh little noob.

AWwww is this where we compare sizes to see who is biggest? Sounds like college again!

[suchmoon]

There are some interesting bits not directly related to NiceHash.

"I am about to upgrade [Prime] ... to 30-40GH" (not 40GH anymore)

"Where do you think the money to buy that hashing power comes from? Or profits."

(assuming he means "our profits")

The elusive hash power however will not be pointed outside of GAW. Literally disappointing.

[computerchip]

Stop being a sheep. If you get a refund they are still only worth exactly what you spent on them. I bet I have more skin in this game than you so shhhh little noob.

Are you for real? You have more "skin" in this game, and "shhhh little noob?" What are you like 12 years old?

[zdaz14]

There are some interesting bits not directly related to NiceHash.

"I am about to upgrade [Prime] ... to 30-40GH" (not 40GH anymore)

"Where do you think the money to buy that hashing power comes from? Or profits."

(assuming he means "our profits")

The elusive hash power however will not be pointed outside of GAW. Literally disappointing.

He just replied.

https://hashtalk.org/topic/3906/prime-sha-hashlets


Oh four days ago.

[alienesb]

Stop being a sheep. If you get a refund they are still only worth exactly what you spent on them. I bet I have more skin in this game than you so shhhh little noob.

Are you for real? You have more "skin" in this game, and "shhhh little noob?" What are you like 12 years old?

Wow, you guys are coming out of the woodwork. Again, to be clear, I am a GAW customer but I like to ask questions and do not take everything said at face value and you should not either. It's as simple as that but whenever someone posts something the overzealous people worried about their ROI train leaving get very defensive and start calling troll or some other nonsense. To be fair there are trolls here but there also other asking legitimate questions that have not been answered by GAW.

Take a step back and see it from all sides.

[winter]

the one thing that is odd to me is this

gawminers.com = http://gawminers.com/pages/faq = bottom of the page it says : Q: Where is your company located? = A: 34 E Dudley Town Road, Bloomfield, CT 06002
then if you go to http://oneminer.com/ = they say they are not part of gawminers but they are ran out of the same building ?
oneminer : http://oneminer.com/pages/faq = ONE MINER RMA DEPT 34 East Dudley Town Road, Bloomfield, CT 06002

but then on hashtalk : https://hashtalk.org/topic/673/oneminer-com
the CEO says they want to talk about the new project they have.

meanwhile on the : http://oneminer.com/pages/faq it says the following
Is GAWMiners.com affiliated with OneMiner.com?

They are not affiliated in any way. No deals can be transferred at any time between the two websites. GAWMiners.com store credit and rewards points are not valid on OneMiner.com and cannot be used toward any purchases at any time.


so what one is it ?
are you guys part of the same company ?
are you guys not part of the same company ?

[verloren]

the one thing that is odd to me is this

gawminers.com = http://gawminers.com/pages/faq = bottom of the page it says : Q: Where is your company located? = A: 34 E Dudley Town Road, Bloomfield, CT 06002
then if you go to http://oneminer.com/ = they say they are not part of gawminers but they are ran out of the same building ?
oneminer : http://oneminer.com/pages/faq = ONE MINER RMA DEPT 34 East Dudley Town Road, Bloomfield, CT 06002

but then on hashtalk : https://hashtalk.org/topic/673/oneminer-com
the CEO says they want to talk about the new project they have.

meanwhile on the : http://oneminer.com/pages/faq it says the following
Is GAWMiners.com affiliated with OneMiner.com?

They are not affiliated in any way. No deals can be transferred at any time between the two websites. GAWMiners.com store credit and rewards points are not valid on OneMiner.com and cannot be used toward any purchases at any time.


so what one is it ?
are you guys part of the same company ?
are you guys not part of the same company ?

IIRC, OneMiner/BringBackROI are GAW spinoffs, so not the same company.

Same staff and so on, but technically not the same company.

[winter]

so we should trust a company that has many spinoffs and say they dont own each other or work for each other
sounds more like a oh my one company failed , we never owned that , we owned this one
sounds more like shell company's = tax evasion , hope they got the books in order

[suchmoon]

There are some interesting bits not directly related to NiceHash.

"I am about to upgrade [Prime] ... to 30-40GH" (not 40GH anymore)

"Where do you think the money to buy that hashing power comes from? Or profits."

(assuming he means "our profits")

The elusive hash power however will not be pointed outside of GAW. Literally disappointing.

He just replied.

https://hashtalk.org/topic/3906/prime-sha-hashlets


Oh four days ago.

I know that thread. I even quoted it somewhere. Your point?

[MOB]

There are some interesting bits not directly related to NiceHash.

"I am about to upgrade [Prime] ... to 30-40GH" (not 40GH anymore)

"Where do you think the money to buy that hashing power comes from? Or profits."

(assuming he means "our profits")

The elusive hash power however will not be pointed outside of GAW. Literally disappointing.

He just replied.

https://hashtalk.org/topic/3906/prime-sha-hashlets


Oh four days ago.

I know that thread. I even quoted it somewhere. Your point?

I think he thinks your recent quotes are from that thread.  I guess he can't read good.  Luckily, there is a school for that.

In the topic of scamming, some of you said GAW can't be legit, because their pool has higher payouts than others.
Other pools like nice hash are now paying even more. Any new conspiracy theories?

LOL - did you not read the last few pages? That's been discussed.

No I didn't. I saw this and logged in here to post, because I remembered you used to talk about it. So you think this is due to somebody trying to cheat them? Interesting.

It's just a proof of concept. I doubt you could actually make money from it, unless you own > 10k hashlets.

NiceHash often has spikes of high profitability and has had them long before Hashlet. When GAW decoupled their third-party-pool-based payouts from actually mining on those pools they opened themselves up to this kind of risk. Now they are showing how they deal with this, by removing anything that's too profitable.

This is quite amusing.  

I would hope that GAW customers begin to ask themselves if this is a rigged game.  They do not disclose rules at the start, then when rules are discovered or arm-twisted out of them, they feel free to change them if it makes GAW more money.

They then tell you they are taking your payouts away from you "for your own good."




If you buy an index on the stock market, and then also buy a considerable amount of shares of one of its largest holding, then the index is sure as hell not going to tell you that it went up too much and they will no longer pay out.

Why not?  Because in the stock market example the index actually owns or has a stake in its holdings or at least tracks to those holdings. GAW, on the other hand, is only willing to track a pool if that pool performs poorly.

As a customer, not knowing where GAW's profits comes from makes you unable to judge if any of their products are smart investment because you have no information on what their value is pegged to.  If you thought that a nicehash solo miner would track the pool, so bought it because the pool was doing so well, then you just got shafted by GAW. This problem exists because GAW will not disclose what actually determines its profits.

This is the problem with GAW's lack of transparency (it can hurt their customers) and the reason this thread exists.

[sk00t3r]

This is quite amusing. 

I would hope that GAW customers begin to ask themselves if this is a rigged game.  They do not disclose rules at the start, then when rules are discovered or arm-twisted out of them, they feel free to change them if it makes GAW more money.

They then tell you they are taking your payouts away from you "for your own good."

I guess I don't agree with this. You use a way to to profit from an unintended use any company out there would fix/disable it.

[alienesb]

This is quite amusing. 

I would hope that GAW customers begin to ask themselves if this is a rigged game.  They do not disclose rules at the start, then when rules are discovered or arm-twisted out of them, they feel free to change them if it makes GAW more money.

They then tell you they are taking your payouts away from you "for your own good."

I guess I don't agree with this. You use a way to to profit from an unintended use any company out there would fix/disable it.

I think this stems from the fact that they use pool numbers as payout BUT they don't mine those pools. So, if you use Nicehash for numbers you can't/should not arbitrarily take them away. If Waffle shoots up 15% higher then Zen for two days will they remove that as well, that is what you should be asking yourself.

[MOB]

This is quite amusing.  

I would hope that GAW customers begin to ask themselves if this is a rigged game.  They do not disclose rules at the start, then when rules are discovered or arm-twisted out of them, they feel free to change them if it makes GAW more money.

They then tell you they are taking your payouts away from you "for your own good."

I guess I don't agree with this. You use a way to to profit from an unintended use any company out there would fix/disable it.

No, this is a special risk that GAW chose when setting up their payouts this way and obscuring their actual income.

No other company is open to this risk because they actually mine.  If pool profits go up, then their profits go up.


I added a real world example to my previous post.


This just makes clear that your job as bagholders investors is to carry GAW's risk in whatever it is they are actually doing with your money.