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

[Hazir]

The "warehouse" as he calls it has power transformers and AC units outside. That's probably because they are afraid stored miners will melt or rot if not kept cool
GAW doesn't have just 1 data center, they showed photos of 2 and I heard them claim to own 3. Those Bitmains would suggest this new DC is for SHA. Their scrypt DC runs these babies:
http://www.datacenterknowledge.com/wp-content/uploads/2014/09/GAW-hashing-center.jpg

Panda full of shit as usual. GAW had 12 data centers back in September, not 2 or 3. Probably up to 24 by now because they've sold so many hashlets since then.

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

The Bitcoin Arms Race Shifts to the Cloud
BY RICH MILLER ON SEPTEMBER 8, 2014
[...]
The company now operates 12 data centers

That is good. The starting point of this discussion was that someone accused GAW of NOT HAVING any real datacenter, miners and infrastructure needed. If they have MORE data centers it is actually even better.

[crashoveride54902]

The "warehouse" as he calls it has power transformers and AC units outside. That's probably because they are afraid stored miners will melt or rot if not kept cool
GAW doesn't have just 1 data center, they showed photos of 2 and I heard them claim to own 3. Those Bitmains would suggest this new DC is for SHA. Their scrypt DC runs these babies:
http://www.datacenterknowledge.com/wp-content/uploads/2014/09/GAW-hashing-center.jpg

Panda full of shit as usual. GAW had 12 data centers back in September, not 2 or 3. Probably up to 24 by now because they've sold so many hashlets since then.

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

The Bitcoin Arms Race Shifts to the Cloud
BY RICH MILLER ON SEPTEMBER 8, 2014
[...]
The company now operates 12 data centers

That is good. The starting point of this discussion was that someone accused GAW of NOT HAVING any real datacenter, miners and infrastructure needed. If they have MORE data centers it is actually even better.

but just remember, just cause he says 12 dc's doesn't mean that its true...i could say i have 12 dc's too, doesn't mean jack w/o proof...a few pictures from 3 dc's doesn't mean they have more...but its all about what you believe or who should you believe...everything in here is speculation...can go either which way...also about how much risk your willing to take...everything is all tied together somehow or another...read as much as ya can about the topic, and then make your own informed choice of what to do

P.S. I still think panda is just a paid shill thou, anyone can see that

[bitcoinnoisseur]

The "warehouse" as he calls it has power transformers and AC units outside. That's probably because they are afraid stored miners will melt or rot if not kept cool
GAW doesn't have just 1 data center, they showed photos of 2 and I heard them claim to own 3. Those Bitmains would suggest this new DC is for SHA. Their scrypt DC runs these babies:
http://www.datacenterknowledge.com/wp-content/uploads/2014/09/GAW-hashing-center.jpg

Panda full of shit as usual. GAW had 12 data centers back in September, not 2 or 3. Probably up to 24 by now because they've sold so many hashlets since then.

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

The Bitcoin Arms Race Shifts to the Cloud
BY RICH MILLER ON SEPTEMBER 8, 2014
[...]
The company now operates 12 data centers

That is good. The starting point of this discussion was that someone accused GAW of NOT HAVING any real datacenter, miners and infrastructure needed. If they have MORE data centers it is actually even better.

but just remember, just cause he says 12 dc's doesn't mean that its true...i could say i have 12 dc's too, doesn't mean jack w/o proof...a few pictures from 3 dc's doesn't mean they have more...but its all about what you believe or who should you believe...everything in here is speculation...can go either which way...also about how much risk your willing to take...everything is all tied together somehow or another...read as much as ya can about the topic, and then make your own informed choice of what to do

P.S. I still think panda is just a paid shill thou, anyone can see that

Who's to say the pictures are even in GAW's DC's? Might they be someone elses? Might they be in ones they want to rent or own? Very odd how there are very few pics and NO GAW logos anywhere.

[Tripjammer]

$50 per mhs for a hashlet is way over-priced in my view. As a result, I have sold all but 10mhs or so of my Prime's and all of my other hashlets, and sunk the proceeds into LTC Gear

Genesis mining kinda sucks...but it is pretty stable now unlike gaw. Plus they are getting X11 "soon".

LTCgear is probably the best cloud mining system out there but it is hard to get in since they are always sold out.

Profit can be crazy if you buy the MODs on LTCgear and the share multiplication is good too.

Gaw just needs more time. The zenhashlets use to have good payouts but they are slipping really bad now.

You can't have all your eggs in one basket.

Go gaw, LTCgear and genesis mining.

[Tripjammer]

I am very surprised this morning reading ZenPool payout rate.
What is happening?

It's low and it sucks but it's still higher than nice/westhash at .00032740.

Gaw needs to get these new contracts in place asap...

[bitgeek]

Who's to say the pictures are even in GAW's DC's? Might they be someone elses? Might they be in ones they want to rent or own? Very odd how there are very few pics and NO GAW logos anywhere.

There are so many data centers that host 100+ antminers out there in North America, so they just picked one and marched in for a photo session

[bitcoinnoisseur]

Who's to say the pictures are even in GAW's DC's? Might they be someone elses? Might they be in ones they want to rent or own? Very odd how there are very few pics and NO GAW logos anywhere.

There are so many data centers that host 100+ antminers out there in North America, so they just picked one and marched in for a photo session

That's what I'm thinking sans the marching in. Probably done a little more subtly. Josh: "Wow, this is cool. This is what we should have. Someone sneak over there and take our picture real quick. Just one or two." LOL

[xephyr]

$50 per mhs for a hashlet is way over-priced in my view. As a result, I have sold all but 10mhs or so of my Prime's and all of my other hashlets, and sunk the proceeds into LTC Gear

I am holding my Primes bought at $16 because the weekly returns are really very good. There are occasional claims that ltcgear.com is a Ponzi scheme; if you need proof that ltcgear is really mining you can take a look at this thread at the Litecoin Forum.

[suchmoon]

$50 per mhs for a hashlet is way over-priced in my view. As a result, I have sold all but 10mhs or so of my Prime's and all of my other hashlets, and sunk the proceeds into LTC Gear

I am holding my Primes bought at $16 because the weekly returns are really very good. There are occasional claims that ltcgear.com is a Ponzi scheme; if you need proof that ltcgear is really mining you can take a look at this thread at the Litecoin Forum.

This is interesting. Some posters there are trying to link it to CM, but CM does not pay LTC. It dumps LTC on an exchange and pays out BTC. So if LTC Gear's coins are originating from CM, it means that LTC Gear is not actually mining those coins but likely acquiring them on an exchange.

[JanisPetke]

$50 per mhs for a hashlet is way over-priced in my view. As a result, I have sold all but 10mhs or so of my Prime's and all of my other hashlets, and sunk the proceeds into LTC Gear

I'm out as well and did the same as you.  As soon as they opened up prime listings again I got out.
LTCGear is great and you can't compare the pricing.

Must be the abandon-GAW-week...

I too butchered my hashlets just yesterday. Having gotten in relatively early, I easily reached ROI and turned in some from butchering my overpriced primes and a handful of zens. 

The whole prime-buyback clusterfuck was both hilarious and frightening to observe. First they promised a complete buyback. Then it reverted into a partial-buyback with mining profits deducted.
Then finally they implemented some sort of limited buyback scheme just before they opened the prime market. After this event, the buyback stopped and apparently they even introduced "cancel buyback"-button. 

Smart bastards. Much more profitable to take 5% + 5% cuts form the open market, rather than taking a loss while buying back their own hashlets.

Thank gawd the prime hype is still going strong. I doubt I could have gotten out with my profits as easily after a few weeks, once people start questioning the project primes gawsumness.
After that point, nobody will fork out over 40$ for a hashlet, whose value lies solely in the hype and speculation.

[Hazir]

I am very surprised this morning reading ZenPool payout rate.
What is happening?

It's low and it sucks but it's still higher than nice/westhash at .00032740.

Gaw needs to get these new contracts in place asap...

Don't worry. GAW will certainly show us some good new deals. I get the impression they are working on something big again. I will wait and see what it will be this time.

[bitcoinnoisseur]

I am very surprised this morning reading ZenPool payout rate.
What is happening?

It's low and it sucks but it's still higher than nice/westhash at .00032740.

Gaw needs to get these new contracts in place asap...

Don't worry. GAW will certainly show us some good new deals. I get the impression they are working on something big again. I will wait and see what it will be this time.

Of course they are working on something big. They have to. Payouts are dropping drastically and consistently. The questions remain: Is what they are doing now legitimate? Is whatever they propose to do in the future and what they announce they will do legitimate? Is what they announce they will do, actually what they will be doing? Or is everything they say they are doing now and everything they say they will do in the future just more sweet talk and smokescreens to bring in new investors to keep the ponzi running?

[ajw7989]

I am very surprised this morning reading ZenPool payout rate.
What is happening?

It's low and it sucks but it's still higher than nice/westhash at .00032740.

Gaw needs to get these new contracts in place asap...

Don't worry. GAW will certainly show us some good new deals. I get the impression they are working on something big again. I will wait and see what it will be this time.

I do not worry GAW has been good to us just wish they did more for us recently. Its annoying when they make announcement of exciting stuff then fail to deliver (SHA mining with primes for example was promised weeks ago). They are now teasing us with hashbase but so far that does not really excite me. All the bells and whistles are nice but if a nice ROI is not seen the bells and whistles are pointless.

[NeonTranceBadger]

I am very surprised this morning reading ZenPool payout rate.
What is happening?

It's low and it sucks but it's still higher than nice/westhash at .00032740.

Gaw needs to get these new contracts in place asap...

Don't worry. GAW will certainly show us some good new deals. I get the impression they are working on something big again. I will wait and see what it will be this time.

I do not worry GAW has been good to us just wish they did more for us recently. Its annoying when they make announcement of exciting stuff then fail to deliver (SHA mining with primes for example was promised weeks ago). They are now teasing us with hashbase but so far that does not really excite me. All the bells and whistles are nice but if a nice ROI is not seen the bells and whistles are pointless.

I have feeling HashBase put a hold on that.  I rather them work on HashBase and get that as bug free as possible for release. 

[hashie]

$50 per mhs for a hashlet is way over-priced in my view. As a result, I have sold all but 10mhs or so of my Prime's and all of my other hashlets, and sunk the proceeds into LTC Gear

I'm out as well and did the same as you.  As soon as they opened up prime listings again I got out.

LTCGear is great and you can't compare the pricing.

You guys should spread that around and not just go with one guy.

If you're interested in SHA hashpower, we (Hashie.co) offer them from $4.51 per 10 GH.

Same $0.002 per GH maintenance fee

-Sahra

[Snipe85]

I went to your site, hashie, and there are some typical red lights: no information about the owner, no address, not even a country of origin, the site is plain and gives no factual information, that would not only be helpful, but in this case (cryptocurrencies) essential for a potential client.

[kupan787]

I went to your site, hashie, and there are some typical red lights: no information about the owner, no address, not even a country of origin, the site is plain and gives no factual information, that would not only be helpful, but in this case (cryptocurrencies) essential for a potential client.

Not saying Hashie is good or bad, but a plain site with no owner information doesn't necessarily mean scam. I agree, i'd take a closer look at their thread here, and see what others that use the site have to say. But look at wafflepool. Very plain site, little info, but has done quite well and I don't think any one would argue about him.

Hashie did post a picture showing them as ranked 9th on BTCGuild as a proof of their operation.

https://bitcointalk.org/index.php?topic=822446.msg9229245#msg9229245
https://bitcointalk.org/index.php?topic=822446.msg9230458#msg9230458

Granted, they could have photoshopped it, as they only were up for 3 hours before pulling it down. I'd say it's about as much proof as GAW has ever posted.

That being said, I've bought 100 GHs over there to see how it goes (plus they give you 10 GHs for free for signing up). I made a nice little profit on GAW from selling my Primes I bought at $16. So I'm playing with house money at this point...

[corsaro]

Most probably we are not so lucky in these last days

This morning's screen:




edit: most probably it was just a cache problem. Using Safari instead of Chrome I solved and I was able to login successfully

[suchmoon]

I went to your site, hashie, and there are some typical red lights: no information about the owner, no address, not even a country of origin, the site is plain and gives no factual information, that would not only be helpful, but in this case (cryptocurrencies) essential for a potential client.

Not saying Hashie is good or bad, but a plain site with no owner information doesn't necessarily mean scam. I agree, i'd take a closer look at their thread here, and see what others that use the site have to say. But look at wafflepool. Very plain site, little info, but has done quite well and I don't think any one would argue about him.

I don't know anything about hashie either but it's not fair to compare a pool to a "cloud" mining service. If you mine on a pool the most you can lose is the unpaid amount. There is no upfront "buy-in" and it would be quite complicated for a pool to scam you. "Cloud" service on the other hand is always a scam until proven otherwise , because they take your money upfront.

70 TH/s hashrate for three hours can be faked very convincingly without resorting to photoshop. Rent a few big rigs on MRR (which coincidentaly has a 3 hour minimum), point it to BTC Guild, will cost ~0.15 BTC and you'll get most of it back anyway.

I'm not saying that's what's happening, just pointing out the possibilities. This could be useful knowledge e.g. if you would like to start a cloud mining scam of your own

[DARKANGEL6415]

WOW what on earth is going on dam is all i can say