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Author Topic: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-)  (Read 261591 times)
jimmothy
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November 04, 2014, 08:35:26 PM
 #3801

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We already reached out to Amazon, Walmart and Target for all three to give us an official response. I'll put it this way, one of them said (off the record for now) if GAW keeps using the XYZ name as a "partner" they will be forced to take legal action.

https://www.reddit.com/r/Bitcoin/comments/2l7myv/can_we_talk_about_gaw/

What a great company!

One thing that's still bothering me is why did they convert old hardware and Vaultbreakers 1:1 to Prime hashlets (and not e.g. to Zens or at a different ratio) and created such a huge incentive to take profits often as high as 300%. Was it because there was no other way to get out of the Vaultbreaker preorder? No money for refunds? Was the hope there that giving a huge profit while promising even more will keep the funds in ZenCloud? But instead looks like more people are withdrawing more BTC than anticipated because the whole thing suddenly got so much weaker since around mid-October. Super low ZenPool payouts, weird clawbacks, never ending withdrawal issues, mine hashpoints or else.

Does the vaultbreaker actually exist? I'm guessing it's all a part of the scheme.
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alienesb
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November 04, 2014, 08:37:22 PM
 #3802

Quote
We already reached out to Amazon, Walmart and Target for all three to give us an official response. I'll put it this way, one of them said (off the record for now) if GAW keeps using the XYZ name as a "partner" they will be forced to take legal action.

https://www.reddit.com/r/Bitcoin/comments/2l7myv/can_we_talk_about_gaw/

What a great company!

One thing that's still bothering me is why did they convert old hardware and Vaultbreakers 1:1 to Prime hashlets (and not e.g. to Zens or at a different ratio) and created such a huge incentive to take profits often as high as 300%. Was it because there was no other way to get out of the Vaultbreaker preorder? No money for refunds? Was the hope there that giving a huge profit while promising even more will keep the funds in ZenCloud? But instead looks like more people are withdrawing more BTC than anticipated because the whole thing suddenly got so much weaker since around mid-October. Super low ZenPool payouts, weird clawbacks, never ending withdrawal issues, mine hashpoints or else.

Does the vaultbreaker actually exist? I'm guessing it's all a part of the scheme.

I think it doesn't as well just like the Zeus Volcano. Those two work hand-in-hand on many things so no surprise they both crapped out on delivering what they said they would.
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November 04, 2014, 08:37:40 PM
 #3803

Quote
We already reached out to Amazon, Walmart and Target for all three to give us an official response. I'll put it this way, one of them said (off the record for now) if GAW keeps using the XYZ name as a "partner" they will be forced to take legal action.

https://www.reddit.com/r/Bitcoin/comments/2l7myv/can_we_talk_about_gaw/

What a great company!

One thing that's still bothering me is why did they convert old hardware and Vaultbreakers 1:1 to Prime hashlets (and not e.g. to Zens or at a different ratio) and created such a huge incentive to take profits often as high as 300%. Was it because there was no other way to get out of the Vaultbreaker preorder? No money for refunds? Was the hope there that giving a huge profit while promising even more will keep the funds in ZenCloud? But instead looks like more people are withdrawing more BTC than anticipated because the whole thing suddenly got so much weaker since around mid-October. Super low ZenPool payouts, weird clawbacks, never ending withdrawal issues, mine hashpoints or else.

Does the vaultbreaker actually exist? I'm guessing it's all a part of the scheme.

No updates, pictures or any other type of info yet... It's supposed to be shipped "soon"... Not sure of exact date, but they better hope it's real because people are still waiting on theirs to be shipped.
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November 04, 2014, 08:41:24 PM
 #3804

Good point, I wonder how they are dealing with the people that got A2s to hold them over with the recent email that said they are getting rid of all of their GAW hosted miners. The customers can't be happy about this.
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November 04, 2014, 08:54:30 PM
 #3805

Good point, I wonder how they are dealing with the people that got A2s to hold them over with the recent email that said they are getting rid of all of their GAW hosted miners. The customers can't be happy about this.

Easy. They can get Zens 1:1. Mine HPs that are all the rage now.

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November 04, 2014, 08:59:38 PM
 #3806

Does the vaultbreaker actually exist? I'm guessing it's all a part of the scheme.

Of course it doesn't. Whether it was originally part of it I don't know but after the ridiculous "competition" with KNC on specs and delivery dates it was fairly evident they can't deliver 750 MH/s at 1 kW on time if ever. But the advertised deadline was "beginning of Q4", so by the most generous definition of "beginning" we can wait until November 15 to start beating that particular dead horse.

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November 04, 2014, 11:37:34 PM
 #3807

Did anyone actually read this GAW "whitepaper"?  While I have read BTC's whitepaper, I cannot pretend to understand all of it.

However GAW's seems either deliberately nonsensical, or impossible. Can anyone provide a gloss of the below passages that renders them accurate? Grammar/word-choice is minor, but the rest?

Quote
HashCoin provides a solution to this sudden block reward halving a Growth-Protection reward scheduling system derived from thermodynamic closed systems exchange of energy.

Is that supposed to mean something? Clearly a word is missing in that sentence, but so is what precisely is derived from this "thermodynamic closed system." Sure seems like gibberish.

Quote
HashCoin uses a SHA-256 Proof-of-Work hashing algorithm to protect and progress the transactional nature of the coin.

Is this jargon from ICO's or something? One can understand the gist of what they meant by progress, but it smacks more of a non-native English speaker.


Quote
The formula for Bitcoin’s block rewards appears as follows:


                Rh = R0 * 2 -[h/p]

                h = get block height
                p = designated reward halving period
                R0 = first block reward of blockchain
                Rh = reward for block h
                [ ] = leading/trailing baseline function
                
HashCoin modifies this formula to provide a smoother declination process for the block rewards ensuring the mining benefits through the growth of the coin.


                Rh = 4/3 ( Rh - ( Rh * h mod p / 2p )

Why would you have the variable you are solving for on both sides of the equation?

So one computes the reward for a block by already knowing the reward for the block at two other points in the calculation?

Circular reasoning doesn't work in logic, why would it suddenly work in math?



Quote
1.2 Billion HashCoins minted over the 15 year life of coin.
8% coin block established for ICO distribution.

1.2 billion x .08 = 96 million
96 million x $20= $1,920,000,000 USD valuation at launch

There are ~500,000 primes on ZenPool, so each prime will pre-mine $3,840 USD? Really? Each prime?

If they allow Zenhashlets to mine, then we get that number down to what? $2,000 USD per 1MH? Higher? (Supposedly, on HT, CEO has stated there are more Primes sold than any other product)

How is that even possible? That would require GAW to have taken each $1 everyone has ever given them, then made a 7680% return on that $1 all the while paying everyone payouts.

We know they have no VC or backing from any major corporations as they have not even gotten to that stage of the funding. I don't think GAW's supposed "30,000,000 USD" = $1,920,000,000 USD. In fact, that equals 1.56% of the amount of USD needed to actually guarantee this price.
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November 05, 2014, 12:07:36 AM
 #3808

this is getting  heavy and worse day by day those hasbase countdown is killing me already i dont know if i hold my miners or try to sell them before some delay... this is insane already anyway till end year i will stand with my miners lets see what is to coming a new coin who knows if it stay as btc and get value on the lifetime who knows if the new opportunity become rich with 2000 dollars invest become 5000000 wow sounds too good to be true but who knows now is time to seat and wait what is to come worse thing that can happen is lost all money in at other hand we could be taking the new coin that will hit the markets and get value from 20 to 200 dollars sounds nice kkk Shocked Grin
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November 05, 2014, 12:28:55 AM
 #3809

There are no coins, there are no first round investors, there are no banks, no stores, no nothing. Zilch.

The trick this round is to go after rounds 3 and rounds 4 and accelerate them. What more than likely see is an accouncement that round one with the mysterious investors was a resounding success. Sold in the first 30 seconds !!!

A monster success so much so that they want to buy everything else, but we for the people told them they cannot, we must sell to our loyal miners and the public as we gave our word. So guys you need to get your wallets out today we promised the first round investors 24 ours to allow us to sell to you. In fact we need to bypass the hashpoint round and go straight to the 10 dollar and 20 dollar FIAT rounds. In fact time is so much of the essence we will accelerate the public 20 dollar round to the day after the 10 dollar invite round. We will do even better we will reduce it to 15 dollars in case you guys want to buy even more. Hurry hurry, step right in......

The some weeks will go by and a huge regret annoucement will be made, nay a brand new wesbite and domain will surface with the clown Josh Garza's face pegged all over it ' so sorry guys we were totally misled the investors who gobbled up the first round did not in fact have any money, we are suing them, we are suing our bankers who introduced them' ' we were totally duped'.... but do not fear dear gawfucks. We just created a brand new gawminer, the gashitlets and goofgaw zen dungdropings.......hashing at 850 Mh/s and we will immediately convernt your 10 and 15 dollar hard cash investments in to these !!! I am your saviour, Josh Garza Magic Man of The Crypto Era !!1


*yawn*

same shit different day

galdur
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November 05, 2014, 12:49:59 AM
 #3810

There are no coins, there are no first round investors, there are no banks, no stores, no nothing. Zilch.

The trick this round is to go after rounds 3 and rounds 4 and accelerate them. What more than likely see is an accouncement that round one with the mysterious investors was a resounding success. Sold in the first 30 seconds !!!

A monster success so much so that they want to buy everything else, but we for the people told them they cannot, we must sell to our loyal miners and the public as we gave our word. So guys you need to get your wallets out today we promised the first round investors 24 ours to allow us to sell to you. In fact we need to bypass the hashpoint round and go straight to the 10 dollar and 20 dollar FIAT rounds. In fact time is so much of the essence we will accelerate the public 20 dollar round to the day after the 10 dollar invite round. We will do even better we will reduce it to 15 dollars in case you guys want to buy even more. Hurry hurry, step right in......

The some weeks will go by and a huge regret annoucement will be made, nay a brand new wesbite and domain will surface with the clown Josh Garza's face pegged all over it ' so sorry guys we were totally misled the investors who gobbled up the first round did not in fact have any money, we are suing them, we are suing our bankers who introduced them' ' we were totally duped'.... but do not fear dear gawfucks. We just created a brand new gawminer, the gashitlets and goofgaw zen dungdropings.......hashing at 850 Mh/s and we will immediately convernt your 10 and 15 dollar hard cash investments in to these !!! I am your saviour, Josh Garza Magic Man of The Crypto Era !!1


*yawn*

same shit different day



Well, there´s always the .001% possibility that Uncle Sam´s Mob owned "regulators" somehow disrupt this likely script.

suchmoon
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November 05, 2014, 12:55:19 AM
 #3811

There are no coins, there are no first round investors, there are no banks, no stores, no nothing. Zilch.

The trick this round is to go after rounds 3 and rounds 4 and accelerate them. What more than likely see is an accouncement that round one with the mysterious investors was a resounding success. Sold in the first 30 seconds !!!

A monster success so much so that they want to buy everything else, but we for the people told them they cannot, we must sell to our loyal miners and the public as we gave our word. So guys you need to get your wallets out today we promised the first round investors 24 ours to allow us to sell to you. In fact we need to bypass the hashpoint round and go straight to the 10 dollar and 20 dollar FIAT rounds. In fact time is so much of the essence we will accelerate the public 20 dollar round to the day after the 10 dollar invite round. We will do even better we will reduce it to 15 dollars in case you guys want to buy even more. Hurry hurry, step right in......

The some weeks will go by and a huge regret annoucement will be made, nay a brand new wesbite and domain will surface with the clown Josh Garza's face pegged all over it ' so sorry guys we were totally misled the investors who gobbled up the first round did not in fact have any money, we are suing them, we are suing our bankers who introduced them' ' we were totally duped'.... but do not fear dear gawfucks. We just created a brand new gawminer, the gashitlets and goofgaw zen dungdropings.......hashing at 850 Mh/s and we will immediately convernt your 10 and 15 dollar hard cash investments in to these !!! I am your saviour, Josh Garza Magic Man of The Crypto Era !!1


*yawn*

same shit different day


Sounds like a great plan. All I see is 850 MH/s. Can I skip straight to that part? How many hashpoints is that?

dyask
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November 05, 2014, 01:02:43 AM
 #3812

Quote

Quote
The formula for Bitcoin’s block rewards appears as follows:


                Rh = R0 * 2 -[h/p]

                h = get block height
                p = designated reward halving period
                R0 = first block reward of blockchain
                Rh = reward for block h
                [ ] = leading/trailing baseline function
                
HashCoin modifies this formula to provide a smoother declination process for the block rewards ensuring the mining benefits through the growth of the coin.


                Rh = 4/3 ( Rh - ( Rh * h mod p / 2p )

Why would you have the variable you are solving for on both sides of the equation?

So one computes the reward for a block by already knowing the reward for the block at two other points in the calculation?

Circular reasoning doesn't work in logic, why would it suddenly work in math?

It isn't circular reasoning, it is just code.   For example to increment a value it can be written like this:

value = value + 1

The "=" can be read as "is replaced by" then it should make more sense to you.    This type of operation is very common in programming languages and is fine for pseudo code.
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November 05, 2014, 01:09:10 AM
 #3813

Quote

Quote
The formula for Bitcoin’s block rewards appears as follows:


                Rh = R0 * 2 -[h/p]

                h = get block height
                p = designated reward halving period
                R0 = first block reward of blockchain
                Rh = reward for block h
                [ ] = leading/trailing baseline function
                
HashCoin modifies this formula to provide a smoother declination process for the block rewards ensuring the mining benefits through the growth of the coin.


                Rh = 4/3 ( Rh - ( Rh * h mod p / 2p )

Why would you have the variable you are solving for on both sides of the equation?

So one computes the reward for a block by already knowing the reward for the block at two other points in the calculation?

Circular reasoning doesn't work in logic, why would it suddenly work in math?

It isn't circular reasoning, it is just code.   For example to increment a value it can be written like this:

value = value + 1

The "=" can be read as "is replaced by" then it should make more sense to you.    This type of operation is very common in programming languages and is fine for pseudo code.

Thanks!
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November 05, 2014, 01:54:31 AM
 #3814

Just watching the q&a with these Geniuses at Work. Good grief, it is not longer funny it is down right sad.  This is one bumbling idiot who's lack of confidence reeks through out the internet. So...you know..so..so...you know...so. you know mumbling and bumbling with waffle talk about nothing. This is some low rent lower tier operation they got going. Shocking and but not surprising, whole superficial flighty drivel fantasy dreamers. Any real business and any real bank would have security throw this inept clan out the door. Pathetic.  This is going no where. Cute how the inner circle all parrot one another with so... then that hideous indvidial on the remote camera where ever, slips in his so's as well, clearly a plant despite him gushing that he got an autographed shirt from Josh Garza as to make as if he is independant of them.

Whole thing is just a sad joke.
reeko400.1
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November 05, 2014, 01:56:19 AM
 #3815

This Q&A is hilarious.
KC6TTR
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November 05, 2014, 01:58:00 AM
 #3816

Anyone watching the scripted MtGAW Q&A right now??

I kinda fell back to sleep after hearing some nonsense about MtGAW buying 4+ more companies, contractual code names with the code, monster merchant deals, private first rounds of investment, etc etc etc blaaaaaah...

Thermal dynamics if mining rewards??... haaaa... too complicated for Mr. CEO to explain??

Seriously, are ANY of these guys for real?


As the real Master once said -

KC6TTR
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November 05, 2014, 02:11:03 AM
 #3817

@geegaw
 
@reeko400.1

Exactly...
galdur
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November 05, 2014, 02:15:32 AM
 #3818

Sadly I missed it.

It´s on youtube, right?

alienesb
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November 05, 2014, 02:16:26 AM
 #3819

It is sad but you have to think about how much money they must be paying everyone to stay quiet, they can't afford or risk getting more polished people in there.
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AS8UDRR8Dc4wTyZkMT7Z5vaXtiWK9zh5Hb


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November 05, 2014, 02:17:56 AM
 #3820

This Q&A is hilarious.

I am not listening to it... but I fully expect to find my spam box full of Josh mail telling what a smashing success it was.
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