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

[suchmoon]

If you were GAW and the intention was to run a large Ponzi, wouldn't you keep inflating the payouts and charging $49.95 per MH for Prime? Instead they discontinued selling Hashlets for now. Certainly all our questions will be answered in the next month. Do they have the partners they claim? Will Hashcoin launch with the value they are predicting? It certainly is going to be entertaining to watch.

Stopping hashlet sales (not just Primes; you can't buy any new hashlets on ZenCloud although Solos might be available from gawminers.com) is a bit puzzling, but it might make sense depending on how active the Market is. Selling new hashlets would require them to spend more and more on daily payouts and/or add more hardware - depending on how you imagine their business model - whereas in the current situation they can take 10% of all Market sales without increasing anything in their backend. And the best part is that the 10% comes in the form of cash (BTC), while daily payouts are being forced into HP.

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[the_game1224]

If you were GAW and the intention was to run a large Ponzi, wouldn't you keep inflating the payouts and charging $49.95 per MH for Prime? Instead they discontinued selling Hashlets for now. Certainly all our questions will be answered in the next month. Do they have the partners they claim? Will Hashcoin launch with the value they are predicting? It certainly is going to be entertaining to watch.

Stopping hashlet sales (not just Primes; you can't buy any new hashlets on ZenCloud although Solos might be available from gawminers.com) is a bit puzzling, but it might make sense depending on how active the Market is. Selling new hashlets would require them to spend more and more on daily payouts and/or add more hardware - depending on how you imagine their business model - whereas in the current situation they can take 10% of all Market sales without increasing anything in their backend. And the best part is that the 10% comes in the form of cash (BTC), while daily payouts are being forced into HP.

Yep, GAWs best bet to keep increasing revenue at this point is try to drive the market prices and trading activity up........

[galdur]

That doggie guy has been a totally outstanding counter-indicator for me as PB Mining is concerned so his yapping here might very well be bullish for GAW but of course past results don´t guarantee anything per se.

Good luck, g

[mutha]

Meanwhile over on their competitors site https://zeushash.com/ is running like a finely tuned watch, I suspect they will be taking many of GAWS customers while Josh and his minions show the world what a train wreck looks like.

What is your view of their payouts? I have had a very small account there since BETA so I haven't really looked in to my options. I think I have made a whopping 4 LTC this past month with 11MH.

Scott-

This is yesterdays pay out for 20gh

2014-11-04 18:20:23 Maintenance Fee -0.00011305
2014-11-04 18:20:23 Mine 0.00023650

Which is about an average day...
I will probably move it up to 1T the next time they have a 50% off sale.

[eightcylinders]

Meanwhile over on their competitors site https://zeushash.com/ is running like a finely tuned watch, I suspect they will be taking many of GAWS customers while Josh and his minions show the world what a train wreck looks like.

What is your view of their payouts? I have had a very small account there since BETA so I haven't really looked in to my options. I think I have made a whopping 4 LTC this past month with 11MH.

Scott-

I would avoid.  I have 255mhs on ZeusHash from the beta that is fee free but yet yields only 7 ltc a day.  My 55 MHS of non-beta hash yields only .07 ltc after fees!!

Something is very wrong over there.  I have a suspicion. They and gaw are one and the same since Zeus announced it no longer will make hardware.

[Wings1987]

I would think they are still making hardware for their own use. Produce the miners with the generic flimsy case (or no case) and selling MH through the cloud service has to be more profitable compared to shipping and supporting miners that they retail.

Have any of you sold your old miners on ebay? It is amazing what people buy when they have no idea what they are doing and don't know how to use google.

[KC6TTR]

I don't know if you've ever been to hashtalk, but some people there are driving cars worth over $100k

You are talking about Volder and Josh? Notice all the pics, with the exception of the Vegas rental, are just the cars or Josh standing next one, not driving them? Here in Rancho Bernardo in N. San Diego, I can walk down the block to Sony's Electronics USA headquarters, buy some cool guys there lunch, and stand next to just any about any exotic car I wish for a photo shoot... but that doesn't mean I own it. Likewise, even if I have a garage full of both practical and bada$$ exotics (two of which I paid for with crypto), what does it prove showing them off online to my customers other making me appear like a fool who charges them too much?

I have found in life that the majority of those who actually earn the nicer things in life they enjoy, tend to not advertise or show it off to strangers if given the option. Those who do, either have something to prove or are trying to be something they're not. -just an opinion.

Scott

[Honeycutt22]

I think he was kidding. Not sure tho.

Make an incvestment decision on someone else's car would be pretty foolish haha

[KC6TTR]

This is yesterdays pay out for 20gh

2014-11-04 18:20:23 Maintenance Fee -0.00011305
2014-11-04 18:20:23 Mine 0.00023650

Which is about an average day...
I will probably move it up to 1T the next time they have a 50% off sale.

OK, thanks. I just check and my day one account that has 11MH/s is not doing anything to write home about. Below is a what one month equates to. Like GAW, it is a dead-investment with little chance of ROI.

Moral of the story, guys. Keep your crypto and HOLD...

[Lorythril]

This is yesterdays pay out for 20gh

2014-11-04 18:20:23 Maintenance Fee -0.00011305
2014-11-04 18:20:23 Mine 0.00023650

Which is about an average day...
I will probably move it up to 1T the next time they have a 50% off sale.

OK, thanks. I just check and my day one account that has 11MH/s is not doing anything to write home about. Below is a what one month equates to. Like GAW, it is a dead-investment with little chance of ROI.

Moral of the story, guys. Keep your crypto and HOLD...

https://i.imgur.com/6Vx168q.png

Maybe I missed it in this thread somewhere but what site is this screenshot from?

[mutha]

This is yesterdays pay out for 20gh

2014-11-04 18:20:23 Maintenance Fee -0.00011305
2014-11-04 18:20:23 Mine 0.00023650

Which is about an average day...
I will probably move it up to 1T the next time they have a 50% off sale.

OK, thanks. I just check and my day one account that has 11MH/s is not doing anything to write home about. Below is a what one month equates to. Like GAW, it is a dead-investment with little chance of ROI.

Moral of the story, guys. Keep your crypto and HOLD...

Maybe I missed it in this thread somewhere but what site is this screenshot from?

Zeushash... Zeus Cloud mining program returns. Someone was asking about the comparision to GAWS.

Not great results from zues but steady and reliable so far.

[bitcoinnoisseur]

I don't know if you've ever been to hashtalk, but some people there are driving cars worth over $100k

You are talking about Volder and Josh? Notice all the pics, with the exception of the Vegas rental, are just the cars or Josh standing next one, not driving them? Here in Rancho Bernardo in N. San Diego, I can walk down the block to Sony's Electronics USA headquarters, buy some cool guys there lunch, and stand next to just any about any exotic car I wish for a photo shoot... but that doesn't mean I own it. Likewise, even if I have a garage full of both practical and bada$$ exotics (two of which I paid for with crypto), what does it prove showing them off online to my customers other making me appear like a fool who charges them too much?

I have found in life that the majority of those who actually earn the nicer things in life they enjoy, tend to not advertise or show it off to strangers if given the option. Those who do, either have something to prove or are trying to be something they're not. -just an opinion.

Scott

Really? You just did the very thing you harped on. You bragged. I generally like what you have to say but enough about how much you've accomplished, how much you've made and what you've bought with it. I am NOT impressed.

[Honeycutt22]

I don't know if you've ever been to hashtalk, but some people there are driving cars worth over $100k

You are talking about Volder and Josh? Notice all the pics, with the exception of the Vegas rental, are just the cars or Josh standing next one, not driving them? Here in Rancho Bernardo in N. San Diego, I can walk down the block to Sony's Electronics USA headquarters, buy some cool guys there lunch, and stand next to just any about any exotic car I wish for a photo shoot... but that doesn't mean I own it. Likewise, even if I have a garage full of both practical and bada$$ exotics (two of which I paid for with crypto), what does it prove showing them off online to my customers other making me appear like a fool who charges them too much?

I have found in life that the majority of those who actually earn the nicer things in life they enjoy, tend to not advertise or show it off to strangers if given the option. Those who do, either have something to prove or are trying to be something they're not. -just an opinion.

Scott

Really? You just did the very thing you harped on. You bragged. I generally like what you have to say but enough about how much you've accomplished, how much you've made and what you've bought with it. I am NOT impressed.

He wasn't bragging. He was speaking hypothetically. Lol

[galdur]

The problem is insufficient supply of idiots. Josh needs to be more aggressive. He should imply that a major oil producing country is in talks about using hashcoin for crude transfers. This should get rid of the Prime distribution problem rather quickly.

[KC6TTR]

I don't know if you've ever been to hashtalk, but some people there are driving cars worth over $100k

You are talking about Volder and Josh? Notice all the pics, with the exception of the Vegas rental, are just the cars or Josh standing next one, not driving them? Here in Rancho Bernardo in N. San Diego, I can walk down the block to Sony's Electronics USA headquarters, buy some cool guys there lunch, and stand next to just any about any exotic car I wish for a photo shoot... but that doesn't mean I own it. Likewise, even if I have a garage full of both practical and bada$$ exotics (two of which I paid for with crypto), what does it prove showing them off online to my customers other making me appear like a fool who charges them too much?

I have found in life that the majority of those who actually earn the nicer things in life they enjoy, tend to not advertise or show it off to strangers if given the option. Those who do, either have something to prove or are trying to be something they're not. -just an opinion.

Scott

Really? You just did the very thing you harped on. You bragged. I generally like what you have to say but enough about how much you've accomplished, how much you've made and what you've bought with it. I am NOT impressed.

He wasn't bragging. He was speaking hypothetically. Lol

@Honeycutt22
I am glad you got what I was trying to say.  

@bitcoinnoisseur
I don't recall every talking about any specific accomplishments I have made beyond those within the context of what drew me away from the company that is the primary subject of this thread. Likewise, I have never posted any pictures of my house (other than my solar panels), cars, mining farm, bank accounts, private jets, helicopters, yachts, or anything else of that nature, but if I came across in any manner that could be associated with that, I apologize. 

[bitcoinnoisseur]

I don't know if you've ever been to hashtalk, but some people there are driving cars worth over $100k

You are talking about Volder and Josh? Notice all the pics, with the exception of the Vegas rental, are just the cars or Josh standing next one, not driving them? Here in Rancho Bernardo in N. San Diego, I can walk down the block to Sony's Electronics USA headquarters, buy some cool guys there lunch, and stand next to just any about any exotic car I wish for a photo shoot... but that doesn't mean I own it. Likewise, even if I have a garage full of both practical and bada$$ exotics (two of which I paid for with crypto), what does it prove showing them off online to my customers other making me appear like a fool who charges them too much?

I have found in life that the majority of those who actually earn the nicer things in life they enjoy, tend to not advertise or show it off to strangers if given the option. Those who do, either have something to prove or are trying to be something they're not. -just an opinion.

Scott

Really? You just did the very thing you harped on. You bragged. I generally like what you have to say but enough about how much you've accomplished, how much you've made and what you've bought with it. I am NOT impressed.

He wasn't bragging. He was speaking hypothetically. Lol

@Honeycutt22
I am glad you got what I was trying to say.  

@bitcoinnoisseur
I don't recall every talking about any specific accomplishments I have made beyond those within the context of what drew me away from the company that is the primary subject of this thread. Likewise, I have never posted any pictures of my house (other than my solar panels), cars, mining farm, bank accounts, private jets, helicopters, yachts, or anything else of that nature, but if I came across in any manner that could be associated with that, I apologize. 

It seemed as though you were talking about yourself and not Josh when you said "Likewise, even if I have a garage full of both practical and bada$$ exotics (two of which I paid for with crypto)". I wasn't assuming you could have known how the cars were paid for. No apology necessary.

[KC6TTR]

Yeah, I probably should have worded that better. I was trying to be sarcastic as there was some talk a few months ago in HT about commuter vs. exotic cars and the converted cypto that some said they paid for them.

Also, for full disclosure, I am guilty of using crypto to purchase a (singular) car, but it is not an exotic and was for a good cause related to Dogecoin. Therefore I will accept ownership of that. 

At any rate, I will quietly retreat to my humble abode and chill for the night.

Scott-

[suchmoon]

Edited 2020-11-28 to fix a broken image

[micky123]

So is this a confirmed scam? I want to know because i am thinking of investing in zenpool hashlets. In fact, i already invested 0.02 BTC to test the waters. The returns i get are far superior to what i am making on CEX, of course the maintenance fees are way high on CEX. I still think CEX is trustworthy since they have been there for quite some time. Just that i lost $600 o far and making that up seems to be taking forever. It does not look like there is a furture for cloud mining unfrotunately. Maybe i should GTFO as mentioned in one of the earlier posts. I know its a small amount, but still hoping that the zenpool folks wont turn their backs on us and run away. Heres to hope!

[MOB]

So is this a confirmed scam? I want to know because i am thinking of investing in zenpool hashlets. In fact, i already invested 0.02 BTC to test the waters. The returns i get are far superior to what i am making on CEX, of course the maintenance fees are way high on CEX. I still think CEX is trustworthy since they have been there for quite some time. Just that i lost $600 o far and making that up seems to be taking forever. It does not look like there is a furture for cloud mining unfrotunately. Maybe i should GTFO as mentioned in one of the earlier posts. I know its a small amount, but still hoping that the zenpool folks wont turn their backs on us and run away. Heres to hope!

It is not a confirmed scam, but current ROI on Zenpool hashlets is more than a year at this point.

You would be better off holding .02 BTC and selling at any point that BTC prices > now.