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Author Topic: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-)  (Read 262848 times)
coinGeek
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November 01, 2014, 05:47:08 PM
 #3501

...

One notable difference between the August version and current one is this:

Quote
3.12 GAW as defined herein  is not engaged in providing investment products, regulated commodities, or financial products of any type or kind.  GAW is not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (“SEC”) or with any state securities regulatory authority, and does not offer any product or service based upon the sale or acquisition of securities or derivative based products or services. GAW is neither licensed nor qualified to provide investment advice and you are specifically and adamantly advised not to rely upon anything posted/communicated/implied or expressed by GAW.

And there is a lot more about that, including "forward-looking statements" and such.

I highlighted the most telling section of the GAW T & C above.

Translation: "Everything we say is "marketing" designed to trick you into giving us your coins. Don't blame us if you fall for it".

Software Developer and Coin Geek
SDRebel
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November 01, 2014, 05:48:47 PM
Last edit: November 03, 2014, 04:50:03 AM by SDRebel
 #3502

I actually would like to know how considering I'm still waiting on a withdrawal from October 8th where they created a double spent and are now blaming me for the TX not being visible on the Blockchain, they won't admit that double spends/transactions with no confirms are drop of the blockchain 72 hours later.  This money is probably lost for me, gaw support seemed to indicate that without a valid TXID I can't get anything... one would think that they recorded that request to withdraw ___ to ___ in their systems somewhere before issuing the transaction and could easily see that the recipient never got the deposit.

That sounds kind of backwards. Do you have a deduction on your Balance page or on the Latest Activity page? If you do then it's on them to provide a TX id to you, if you don't then your balance doesn't add up and that should be obvious. Am I missing something? Press them hard on this one.

chmick
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November 01, 2014, 05:49:04 PM
 #3503

Hy all ,

just for info , is the hashpoint hashcoins related to this  :

http://hashcoin.technology/getting-started

??
Quote

No. And it will not be called HashCoin:

Quote
Also, “HashCoin” is the code name. We purchased the rights to the most popular name an online currency could ever have.

This page is a very good collection of all the stuff about hashpoints and the ICO and other stuff that has been scattered around HT:

https://hashtalk.org/topic/15548/in-case-you-missed-what-happened-today-with-the-ico-hashcoin


Thanks for the link . From what I can read until now . This is my choice :

I dropped 50 % of my primes to the market as a safe bet .

The 50% left are mining hashpoints (and I DD with other pool ) .

Hold  my genesis .

Any comments ?
SDRebel
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November 01, 2014, 05:49:46 PM
Last edit: November 03, 2014, 04:50:29 AM by SDRebel
 #3504

...

One notable difference between the August version and current one is this:

Quote
3.12 GAW as defined herein  is not engaged in providing investment products, regulated commodities, or financial products of any type or kind.  GAW is not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (“SEC”) or with any state securities regulatory authority, and does not offer any product or service based upon the sale or acquisition of securities or derivative based products or services. GAW is neither licensed nor qualified to provide investment advice and you are specifically and adamantly advised not to rely upon anything posted/communicated/implied or expressed by GAW.

And there is a lot more about that, including "forward-looking statements" and such.

I highlighted the most telling section of the GAW T & C above.

Translation: "Everything we say is "marketing" designed to trick you into giving us your coins. Don't blame us if you fall for it".

SDRebel
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November 01, 2014, 05:51:14 PM
 #3505

Hy all ,

just for info , is the hashpoint hashcoins related to this  :

http://hashcoin.technology/getting-started

??
Quote

No. And it will not be called HashCoin:

Quote
Also, “HashCoin” is the code name. We purchased the rights to the most popular name an online currency could ever have.

This page is a very good collection of all the stuff about hashpoints and the ICO and other stuff that has been scattered around HT:

https://hashtalk.org/topic/15548/in-case-you-missed-what-happened-today-with-the-ico-hashcoin


Thanks for the link . From what I can read until now . This is my choice :

I dropped 50 % of my primes to the market as a safe bet .

The 50% left are mining hashpoints (and I DD with other pool ) .

Hold  my genesis .

Any comments ?


If you trust they wont steal your money in the next reconciliation.... I would not give them another penny
chmick
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November 01, 2014, 05:55:10 PM
 #3506



If you trust they wont steal your money in the next reconciliation.... I would not give them another penny

I never said tahn the BTC I produced will stay on zenpool  Wink
SDRebel
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November 01, 2014, 05:57:45 PM
Last edit: November 03, 2014, 04:51:12 AM by SDRebel
 #3507

Got an email last night about them turning off "hash.gawminers.com" which was giving me better payout with nicehash than any of my primes.  They pulled the plug on the device already which is weird, there's nothing about compensation for downtime in there but they give themselves 10 days (wonder if I'll get compensated for that?), logging into the dashboard gives you this: (with notes from me)



Their offers are pretty lame except the BTC Payout one.  

For Option 1 ZenHashlet:
  • They offer no free hosting
  • Currently maintenance fee is at around 70% of payout
  • They currently seel around $12/M on the market
  • If this were Primes, I would be taking this offer.
For Option 2A hardware:
  • May be your piece of equipment
  • OR anything equivalent (27 Flurrys would be equivalent alright... no thank you)

For Option 2B Payout:
  • Not sure how that BTC1.7 came about but it's a decent offer at around $20.75/Mh.

klintay
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November 01, 2014, 05:59:04 PM
 #3508

wasn't there a hashcoin already...

https://bitcointalk.org/index.php?topic=568453.0

What is the mining calculator like for these hashpoos? How many can I mean with 30gh?
SDRebel
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November 01, 2014, 05:59:38 PM
Last edit: November 03, 2014, 04:51:41 AM by SDRebel
 #3509

I actually would like to know how considering I'm still waiting on a withdrawal from October 8th where they created a double spent and are now blaming me for the TX not being visible on the Blockchain, they won't admit that double spends/transactions with no confirms are drop of the blockchain 72 hours later.  This money is probably lost for me, gaw support seemed to indicate that without a valid TXID I can't get anything... one would think that they recorded that request to withdraw ___ to ___ in their systems somewhere before issuing the transaction and could easily see that the recipient never got the deposit.

That sounds kind of backwards. Do you have a deduction on your Balance page or on the Latest Activity page? If you do then it's on them to provide a TX id to you, if you don't then your balance doesn't add up and that should be obvious. Am I missing something? Press them hard on this one.

I see the transaction in my activity, I clearly see the withdrawal for that amount.  I keep asking them to look in their log or better, look at the address were the funds where sent to in order to confirm if they were never sent.

I can't escalate that damn ticket, they admin squashed my account for no reason and have no way of posting on HT.

SDRebel
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November 01, 2014, 06:01:40 PM
Last edit: November 03, 2014, 04:52:05 AM by SDRebel
 #3510

from https://hashtalk.org/topic/15623/another-hashbase-pic




Somehow they have data from nov/dec/jan/feb/mar of next year how much Hashcoin is worth ... ?

SDRebel
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November 01, 2014, 06:04:00 PM
Last edit: November 03, 2014, 03:13:08 AM by SDRebel
 #3511

Edited
SDRebel
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November 01, 2014, 06:18:17 PM
Last edit: November 03, 2014, 03:14:10 AM by SDRebel
 #3512

Edited
SDRebel
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November 01, 2014, 06:20:38 PM
Last edit: November 03, 2014, 03:14:34 AM by SDRebel
 #3513

It makes sense from a business point of view to rather give store credits (HP's) instead of fiat/BTC as revenue. If you're betting big on the value of the credits (as in, the hashcoin will take off bigtime) you'd rather give away "free" credits and save money. On the other hand, if the coin takes off, the storecredit might be worth more than what they would've paid out directly right now. So in that sense it would be very profitable for the company if it would collapse (their business) before the HP's actual value flies up.

Edited
bitgeek
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November 01, 2014, 06:39:30 PM
 #3514

There's no negotiations. Zen is not a real pool. Josh arbitrarily decides how much it pays

Any proof of this or bullshit as always?


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bigturk
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November 01, 2014, 07:02:05 PM
 #3515

There's no negotiations. Zen is not a real pool. Josh arbitrarily decides how much it pays

Any proof of this or bullshit as always?

do research and find out for yourself, there is no mining going on at any pool but instead Josh simply pays out what the current rates are
iawa
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November 01, 2014, 07:07:09 PM
 #3516

There's no negotiations. Zen is not a real pool. Josh arbitrarily decides how much it pays

Any proof of this or bullshit as always?

You mean like the proof walmart and amazon are on board?
Actually does josh ever have any proof?
ajw7989
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November 01, 2014, 07:24:05 PM
 #3517

There's no negotiations. Zen is not a real pool. Josh arbitrarily decides how much it pays

Any proof of this or bullshit as always?

What do you mean by this?
Zen is NOT a real pool. There was never any question on that. GAW does not  mine on any of the pools listed but either a private pool or maybe nicehash since the payouts are better then they pay you what the pool would have paid IF your hashlet/mining power was on that pool. As to negotiations whose knows. Josh or the higher ups are the only ones who can say for certain. But either way take it with a grain of salt since they promised a lot and failed to deliver such as Prime Sha mining, an amp store, more amps, hashpoints for amps, etc. Its interesting that now hashpoints will essentially be gone once the ICO is over (they said hashpoints will become hashcoins now) which essentially shows most of what they said in the past few months were BS. You can not buy amps with hashpoints if they do not exist or more hashpower!
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November 01, 2014, 07:26:35 PM
 #3518

Wow, i think josh is getting desperate! He is pretty much begging people to get referrals. I don't believe it will be much longer, but who knows.
KC6TTR
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November 01, 2014, 07:28:43 PM
 #3519

There's no negotiations. Zen is not a real pool. Josh arbitrarily decides how much it pays

Any proof of this or bullshit as always?

It has been a known for 2+ months now there is no actual mining going on at GAW/Zen. This is another reason why they have changed their TOS (repeatedly) to disclose "virtual" "digital" miners, etc. when people were inquiring as to why when real hardware was sold by GAW back in June/July with hosting, that hardware was nowhere to be found when it came to ship people their products after the free hosting expired (August-September).

All the strategically angled pictures of the same $50-75K worth of early Zeus sourced hardware (not hooked up to anything) taking up less space than a single grocery store isle in a storage facility (circa early July), which they call a data center, will not change the fact that rented ServerRack and Amazon based cloud servers "ARE" GAW/Zen - nothing more.

Trace their network data routing and it will all be clear.

KC6TTR
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November 01, 2014, 07:31:35 PM
 #3520

Wow, i think josh is getting desperate! He is pretty much begging people to get referrals. I don't believe it will be much longer, but who knows.

You mean his Amway inspired marketing strategy?  Shocked

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