suchmoon (OP)
Legendary
 Offline
Activity: 3654
Merit: 8909
https://bpip.org
|
 |
October 31, 2014, 05:07:40 PM
Last edit: November 28, 2020, 12:10:36 AM by suchmoon |
|
 Edited 2020-11-28 to fix a broken image |
|
|
|
|
|
|
|
|
|
"You Asked For Change, We Gave You Coins" -- casascius
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
welchy8764
|
|
October 31, 2014, 05:13:34 PM |
|
Lol.. wow down to 32.00 for prime!! The market doesn't lie!! |
|
|
|
|
I_IZ_CEO
Sr. Member
Offline
Activity: 308
Merit: 250
CEO FlawMiners TM®
|
|
October 31, 2014, 05:37:08 PM |
|
This is very funny, this Kid_Ceo is nuts, the pressure will crack him. I have filed a complaint with the FTC under unregistered securities, possible scam investigation. This thing is going to fall apart very soon.. No hashlets for sale,,,,, but you can still purchase them with a credit-card. HAAAA Tomorrow he will announce his new project:  |
|
|
|
I_IZ_CEO
Sr. Member
Offline
Activity: 308
Merit: 250
CEO FlawMiners TM®
|
|
October 31, 2014, 05:38:16 PM |
|
 Anyone else having these problems? That is his code to Joe to bail out fast, kinda like smoke signals. |
|
|
|
|
|
iawa
Newbie
Offline
Activity: 23
Merit: 0
|
|
October 31, 2014, 06:17:09 PM |
|
Somewhat offtopic but contains some irony: https://zeusminer.com/2014/10/31/progress-update-29102014/tl;dr: Zeus will not make hardware anymore. Preorders cancelled and refunded or converted to "cloud". I remember the owner was on HT talking about how stupid gaw customers are for complaining. Said his managers would never put up with it. Guy is real asswhipe!! |
|
|
|
|
winter
Legendary
Offline
Activity: 1338
Merit: 1000
|
|
October 31, 2014, 06:19:47 PM |
|
this stinks of a BFL all over again.
this time instead of just not sending out units and then mining with them for XX months. they will now give back your money because they say its 100% safe.
Ok so lets see how many people start asking for refunds. the funny thing is they will give u 2 weeks free mining time if you convert so your telling me in 1 week when u go to sell that convert the price per MH or what not will not be way lower then what your pre order + 2 weeks free mining time is worth ?
screw this im going home..............
im done with this place im going to start to sell all my miners and do something else with my time.
baby sitting a miner and a company is not worth my time
I really hope people do not get burned by this company. I hope the fog clears and everything is good but till then run run run
just keep in mind guys PRIMES always make the most profit.....
ZenCloud always makes the most profit.....
Oh wooops , i'm sorry guys but during this time frame it seems that we cant be the most profitable. But dont u worry about it. we have HASHPOINTS yippie HASHPOINTS.
just think instead of mining BTC and making MONEY. You can now mine a so called no one cares coin that we will make up a price of $0.01 USD thats right 1 PENNY so no matter what happends with BTC price you will always know that 1HP = $0.01USD until we make this HASHPOINTS in to HASHCOINS and then oh my god people you will be soooooo mad you did not jump on the HASHPOINT/HASHCOIN train. I guess you just missed the stop because i dont see you onboard.
^^^^ I love that idea anyone else think thats a great idea for a company lets make a COIN
did BFL not make a coin. why oh why do we have to deal with these companys
|
|
|
|
|
demonz
Member
Offline
Activity: 90
Merit: 10
|
|
October 31, 2014, 06:30:56 PM |
|
Is there a reason why "Zeus- Pure Hashing Power" logo is on https://www.zenminer.com/ (scroll down a bit) Forgive my ignorance but I thought these (gaw/zeus) were two different companies? Or is GAW leasing from zeus? |
|
|
|
|
BitcoinGeekBoy
Member
Offline
Activity: 104
Merit: 10
|
|
October 31, 2014, 07:01:07 PM
Last edit: October 31, 2014, 07:49:12 PM by BitcoinGeekBoy |
|
|
|
|
|
|
|
geegaw
|
|
October 31, 2014, 07:26:14 PM |
|
Never read a bigger crock of shit in my life 100% this GAW GARBAGE is a bonafide shell game. Every single hiccup currently being experienced are designed delay tactics to shuffle funds around in order to pay the top, as that comes to an end, now we see an even more ridiculous grandiose money grabbing scheme to keep everything afloat, another pluck out of thin air sales of nothing LOL. To top it off this whack job is starting to display the exact same tell tale signs of that MintPal loser: "I'll sue anyone who says anything negative about me, here look everyone here is proof I bought miners from Bitmain (please Mr. Bitmain post on my forum that it is true) - this is all pure frantic behavior and desperation unfolding before our own very eyes. Expecting this entire charade to come crashing down in the New Year.
|
|
|
|
mutha
Sr. Member
Offline
Activity: 430
Merit: 250
AS8UDRR8Dc4wTyZkMT7Z5vaXtiWK9zh5Hb
|
|
October 31, 2014, 07:30:03 PM |
|
Never read a bigger crock of shit in my life 100% this GAW GARBAGE is a bonafide shell game. Every single hiccup currently being experienced are designed delay tactics to shuffle funds around in order to pay the top, as that comes to an end, now we see an even more ridiculous grandiose money grabbing scheme to keep everything afloat, another pluck out of thin air sales of nothing LOL. To top it off this whack job is starting to display the exact same tell tale signs of that MintPal loser: "I'll sue anyone who says anything negative about me, here look everyone here is proof I bought miners from Bitmain (please Mr. Bitmain post on my forum that it is true) - this is all pure frantic behavior and desperation unfolding before our own very eyes. Expecting this entire charade to come crashing down in the New Year.
LOL guess he has never been though depositions or a serious search for evidence.... its kinda like getting a prostate exam and a root canal at the same time. |
|
|
|
|
|
eightcylinders
|
|
October 31, 2014, 07:40:12 PM |
|
Some strange happenings in the scrypt ASIC world, and I am wondering how they are related to GAW.
Just got my notice from Zeus that my pre-orders for the Volcano and Gen III blades was canceled.
At the same time, I have been unable to get bitmaintech to open an order for the L1 despite offering them a quantity of 100-1000 units (would be up to a $500,000 order). Their response to my inquiry? Sorry "pick another product".
Meanwhile, the first and still most efficient scrypt asic (the Innosilicon A2) is virtually unavailable except for cheaply built and probably used units that Zoomhash is liquidating (and the one I bought from them was defective).
And then I remembered Josh (GAW CEO) got into a spate with LightningASIC on this forum.. Josh actually PM'd me here and warned me that he had actual knowledge that Innosilicon was not going to make its A2 chip available to LightningASIC, and that LightningASIC would end up empty handed on its promised line of .28 nm scrypt asics (LA did pull through and deliver ONE unit to me but it was a demo unit and clearly used ..and then LA turned to ATM machines and no longer sell scrypt ASICs so maybe Josh was right in warning me, but how did he know?).
Strange happenings. Now putting it together with GAW and Zencloud hashlets and I am thinking perhaps paranoid delusions, but WHAT IF ...
<BEGIN RAMPANT SPECULATION>
What if .. GAW decided to corner the market on scrypt ASICs? GAW would need an awesome pre-order to persuade Bitmaintech, Innosilicon AND Zeus to pull back on their plans to sell the next-gen scrypt ASICs. An order like that would have to be in the millions of dollars for EACH company.
What if ... GAW decided to sell a virtual miner called hashlets, which were really nothing more than a MASSIVE disguided pre-order?
What if ... by selling hashlets for between $16-49, GAW raised enough money to pre-order ALL of the available future scrypt mining from bitmaintech, innosilicon and zeus?
What if ... GAW used its massive amount of purchasing power from selling hashlets to get exclusive contracts from these three major manufacturers, guaranting that GAW would be the only major player in scrypt mining?
What if ... GAW convinced Zeus to terminate PUBLIC sales of the Gen III blades, while privately taking up all of these sales using revenue from the hashlet sales to buy up the inventory and ensure that there is no gen iii scrypt miner available anywhere except through GAW?
While this is obviously speculation, it seems to explain the recent events and the strange fact that all three companies (Innosilicon, Zeus and Bitmaintech) suddenly no longer sell scrypt miners. To me, if it turns out to be true, it would be one of the most daring scams in recent history. Selling "hashlets" which are effectively disguised pre-orders on a massive scale so as to ensure a near monopoly in scrypt asic mining... genuis and evil all in one.
Will be interesting to see what happens next. If LTCGear suddenly shuts down .. or Bitmaintech starts refunding L1 orders...??!
Also, if this speculation turns out to be true, then the recent downturn in Primes might actually be a real buying opportunity. Wouldn't it be funny if, now that GAW has secured money from hashlet sales to make pre-orders for ALL of the available next gen scrypt mining chips, it starts bungling payouts, killing revenue, etc. to drive down the price of hashlets .. so resellers can purchase up the primes, only to resell again when the pre-orders are delivered and revenue goes up (likely not until December though)??! That would be triple-genuis-evil.
<END RAMPANT SPECULATION>
Could it be?
|
My BTC Addres: 1PMEJCY6ofqmnAdYbdQqToZ7MNSAz35w7v =>Buy the world's first hardware wallet. Safer than paper and easier to use than smartphones. If you use Bitcoin you need this: Buy Trezor!! |
|
|
|
alienesb
|
|
October 31, 2014, 07:43:01 PM
Last edit: October 31, 2014, 08:00:34 PM by alienesb |
|
Wow shades of vault breakers. Days of owning your own hardware are over. The A 2 110s from Zoom are used? |
|
|
|
|
suchmoon (OP)
Legendary
Offline
Activity: 3654
Merit: 8909
https://bpip.org
|
|
October 31, 2014, 08:07:39 PM |
|
Could it be?
That's unfair. You should share whatever you're smoking/snorting/injecting with all of us  By the way there is one company that is currently shipping A2-level (in terms of power consumption / performance) Scrypt hardware: https://bitcointalk.org/index.php?topic=825673.0So GAW apparently didn't buy ALL of them up. |
|
|
|
|
|
chmick
|
|
October 31, 2014, 08:07:50 PM |
|
Some strange happenings in the scrypt ASIC world, and I am wondering how they are related to GAW.
<BEGIN RAMPANT SPECULATION>
What if .. GAW decided to corner the market on scrypt ASICs? GAW would need an awesome pre-order to persuade Bitmaintech, Innosilicon AND Zeus to pull back on their plans to sell the next-gen scrypt ASICs. An order like that would have to be in the millions of dollars for EACH company.
What if ... GAW decided to sell a virtual miner called hashlets, which were really nothing more than a MASSIVE disguided pre-order?
What if ... by selling hashlets for between $16-49, GAW raised enough money to pre-order ALL of the available future scrypt mining from bitmaintech, innosilicon and zeus?
What if ... GAW used its massive amount of purchasing power from selling hashlets to get exclusive contracts from these three major manufacturers, guaranting that GAW would be the only major player in scrypt mining?
What if ... GAW convinced Zeus to terminate PUBLIC sales of the Gen III blades, while privately taking up all of these sales using revenue from the hashlet sales to buy up the inventory and ensure that there is no gen iii scrypt miner available anywhere except through GAW?
<END RAMPANT SPECULATION>
Could it be?
That's a lot of what if . But based on the "champions table" you can estimate the amount of cash no ? Craig 15520.00 MH 2 Dumbo 13415.00 MH 3 Zenminer 12342.60 MH 4 mike 11408.60 MH 5 CaptainAmerica 9962.00 MH 6 atavacron 8169.20 MH 7 Cayuga 5000.00 MH 8 JustUsMining 4770.80 MH 9 BriggsBros 4001.10 MH 10 volder 3949.00 MH 921 You 50 MH A rough estimation would be 10-15 Million dollars . Is this enough for what you are talking about ? |
|
|
|
|
|
Tripjammer
|
|
October 31, 2014, 08:17:42 PM |
|
Wow just wow! Script asics are going the way of the dinosaur? What happened to kcnminer's script asic?
All this means is that the litecoin diff is going to go sideways! Why are yall pissed off?
I was able to buy a bunch of hashlets on the cheap because people got weak hands...lol!
Genesis mining sucks because they still charge $17.99 per mh/s but their fees are the lowest...
LTCgear is still probably the best but you can never really buy it because it's mostly out of stock....
Zencloud is where it's at..it actually has good pricing using the market...but the fees are crazy expensive...
|
|
|
|
suchmoon (OP)
Legendary
Offline
Activity: 3654
Merit: 8909
https://bpip.org
|
|
October 31, 2014, 08:22:12 PM |
|
Wow just wow! Script asics are going the way of the dinosaur? What happened to kcnminer's script asic?
KNC are shipping preorders, but those were so expensive I doubt anyone will ROI. And their firmware can't mine on multipools AFAIK, so you're stuck with LTC. KNC will not be selling any more hardware to end users, cloud mining only. Sounds familiar? |
|
|
|
|
|
eightcylinders
|
|
October 31, 2014, 08:28:59 PM |
|
That's a lot of what if .
But based on the "champions table" you can estimate the amount of cash no ?
Craig 15520.00 MH
2 Dumbo 13415.00 MH
3 Zenminer 12342.60 MH
4 mike 11408.60 MH
5 CaptainAmerica 9962.00 MH
6 atavacron 8169.20 MH
7 Cayuga 5000.00 MH
8 JustUsMining 4770.80 MH
9 BriggsBros 4001.10 MH
10 volder 3949.00 MH
921 You 50 MH
A rough estimation would be 10-15 Million dollars .
Is this enough for what you are talking about ?
I thought about estimating the revenue but there are too many unknowns: (a) how many mhs were "converted" from physical hosted mining (so no revenue to GAW)? (b) how many of those shares are resellers (which I am sure are sold for less than full price so the reseller can profit)?, (c) how much of the revenue garnered from the sale of "hashlets" had to be used to pay the fictitious/simulated mining profits to hashlet owners? Could be anywhere from a couple of million dollars up to the 10 million plus depending on assumptions.. and then if zeus/innosilicon/bitmaintech agreed to accept hashlets in part as payment, the numbers could really be large. I would think that seed money of a few million might be enough to lock up one or two generations of pre-orders, but don't know. I do not Bitmain was completley uninterested in my offer for 1000 units so whatever that tells you ... |
My BTC Addres: 1PMEJCY6ofqmnAdYbdQqToZ7MNSAz35w7v =>Buy the world's first hardware wallet. Safer than paper and easier to use than smartphones. If you use Bitcoin you need this: Buy Trezor!! |
|
|
|
eightcylinders
|
|
October 31, 2014, 08:44:10 PM |
|
Wow just wow! Script asics are going the way of the dinosaur? What happened to kcnminer's script asic?
All this means is that the litecoin diff is going to go sideways! Why are yall pissed off?
I was able to buy a bunch of hashlets on the cheap because people got weak hands...lol!
Genesis mining sucks because they still charge $17.99 per mh/s but their fees are the lowest...
LTCgear is still probably the best but you can never really buy it because it's mostly out of stock....
Zencloud is where it's at..it actually has good pricing using the market...but the fees are crazy expensive...
Not even close, at least not now. Maybe in December if my crazy drug-induced speculation proves correct they will be a steal at todays prices.. otherwise, at current rates of return, even on used market Primes are a rip-off: Service Purchase ($/mhs) Maintenance ($/day) Daily gross LTC Daily Gross BTC Static breakeven (days) Buy A2 110mhs $1,699.00 $2.40 3.46 153 Genesis 100mhs $1,499.00 1.04 0.0111 191 Zeushash 100mhs $1,524.00 $5.90 2.62 354 LTCGear 160mhs $920.65 2.94 81 Prime 100mhs mkt $3,100.00 $8.00 0.046664 388 NOTES: All costs and returns are based on my personal rates last as of 2 days ago. Some companies (LTCGear and Genesis for example) include maintenance in the upfront pricing so that is why there are blanks. |
My BTC Addres: 1PMEJCY6ofqmnAdYbdQqToZ7MNSAz35w7v =>Buy the world's first hardware wallet. Safer than paper and easier to use than smartphones. If you use Bitcoin you need this: Buy Trezor!! |
|
|
|
chmick
|
|
October 31, 2014, 08:55:27 PM |
|
Wow just wow! Script asics are going the way of the dinosaur? What happened to kcnminer's script asic?
All this means is that the litecoin diff is going to go sideways! Why are yall pissed off?
I was able to buy a bunch of hashlets on the cheap because people got weak hands...lol!
Genesis mining sucks because they still charge $17.99 per mh/s but their fees are the lowest...
LTCgear is still probably the best but you can never really buy it because it's mostly out of stock....
Zencloud is where it's at..it actually has good pricing using the market...but the fees are crazy expensive...
FYI there is also https://hashie.co/ . I Still wondering if I should invest or not ? |
|
|
|
|
|
