Regardless, one can reasonably assume it is not what they say in their ads, it is what they leave up to you to discover and/or blindly accept after the fact, yes? If so, that's a sign of a real honest company right there - not.
It appears while just about every other cloud mining business is reducing fees (some multi-times in the previous 3 weeks) and earning customers' more revenue based on real world numbers, this single self-proclaimed industry changer has done nothing to reduce fees and/or resolve the pitiful "virtual" pool performances vs. high costs associated with investing in them. Oh well, at least they have their mythical coin that will be worth its weight in gold if/when released.
- BUYER BEWARE -
I find it pretty funny that you keep saying "virtual" and "mythical" when referring to hash coin or zen pool. What is BTC? What have all the nay Sayers been saying for years? What about all the other mining pools? I am pretty sure they are virtual because I can't find one to jump in. I can't touch BTC I can't see a BTC so someone could say it is fake or a myth and that you can trade this myth but for how long? It is not backed by anything it has no real value other then what you or I put on it. No one really knows what it will be worth until it is traded on the market. It could be a hit or it could flop. No one knows right now so stop acting all high and mighty like you know all. Can I ask you what have you done for crypto? Have you tried to help advance it? Or do you just complain? GAW is trying to advance it in a way they think will work. Maybe it will maybe it won't only time will tell. So instead of complaining about GAW how about you do something to make it better. Even if you fail at least you tried. All I see is an arm chair quarterback throwing crap every where.
I am glad you find rational thought funny. You come across as exactly the type of customer they love.
First lets, define a few key points before anything is debated, which I welcome unlike someone else I know of who would rather censor, band, and/or threaten with legal action - even if he/she/they have no fundamental legal merits to stand on.
What do I consider virtual in regards to mining and/or pools?
As someone with an actual hardware based mining farm that I can physically look at (inspect), control, and tinker with, anything that does not at the very least meet one of these traits is "virtual" in my classification - remote or not. Likewise, one of the many TOS resvisions made by GAW/Zen has finally admitted what many suspected regarding their own classification of their "Hashlet" miners being "digital" in nature, which can also be included in the "virtual" classification if you're in to semantics. Lastly, the simple act of naming their in-house pools after real-world known and verifiable pools, in itself does not afford them the liberty to say they are "mining" these pools or given expressed permission to use the names by the real pool owners; especially when they are not willing to provide any proof of who or what is actually being mined. For over 6 months, every real pool operator polled, including NiceHash, has gone on the record stating there is no and never has been any real activity on their networks that would reasonably conclude any mining by GAW/Zen ever took place - at least on any fractional scale of what was being claimed by GAW/Zen at any time.
Why do I believe Hashcoin is mythical?
Because it is... There is no third party verifiable proof of concept, code, blockchain derivative, or proper wallet infrastructure that would lead a reasonable person to believe otherwise. In my view, nothing presented to date at hashcoin.com or elsewhere, including their poor attempt at a whitepaper, is reflective of what is required by the crypto or investment industries to openly support the release of this new altcoin derivative that is promoted by its "developer" as "world-changing" with the backing of multi-billion dollar entities. I'm sorry, but the real world doesn't work that way.
Who am I to say such things?
Well, I do not claim to be a HashKing or HashTitan like others we will not name here nor is it my intent to come across all high and mighty, but since you asked - look up my name via my callsign.
What have I done for crypto?
This is where I believe the men are separated from the boys. The nature and roots of modern day cryptography goes back several decades (pre-WWII) and more times than not, those who do anything to progress the ideals and technology as a whole make it a point NOT to advertise it or brag about anything. With that said, below is a very brief and already public summary of my work in the arena - over the past 20 years at least.
1997 - Designer and developer of the first 100% US based micro-universal ISO7816 smart card reader/writer utilizing a simple RS232 TTL line converter (age 25).
1998 - Designer and developer of the first 100% US based and self contained universal ISO7816 smart card development terminal that utilized secure 8-bit cryptography management via an Atmel AT90S series MCU (age 26).
2000 - Facilitator and co-developer of the CHAOS rolling code algorithm that has not, to this day, been broken as it does not include nor fascinate any computational backdoors (age 28).
2001 - Contributing member of the Microsoft PC/SC Consortium that helped established and evolve the PC/SC single-sign-on process (age 29).
2002 - Contributor and co-developer of dozens of embedded smart chips cards with up to 32bit RISC based encryption processors @ 120MIPS and secure memory storage capabilities exceeding 16MB per wafer (age 30).
2004 - Present - Partial retirement, but still active worldwide. I hardware-mine BTC and other cyropcurrencies and I have found a nice home within the Dogecoin community, which I find is an excellent platform to teach and bridge the gap between the crypto world and traditional FIAT based society. I have my own philanthropic venture at dogecoin.pro and have quietly contributed to the formation of the Dogecoin Foundation v2 as I have had time.
Even if you, I, or anyone else cannot physically see or hold BTC or these other existing and proven cryptos, they exist based on their clearly defined mission statements, demonstrable merits, and functional utility; something GAW/Zen has not been able to show to date, among other things, and why I have lost all personal faith is what they stand for.
I can go on, but it is my hope that is more than enough background for you to accept that I am not talking out of my arse and why I am so passionate when I see what I believe to be a person or small business trying to take advantage of and attempt to (what I consider) rape the industry of the principles it was built upon for his/their own financial gain. With all this said, a very small part of me still wishes GAW/Zen is able to step up and prove my better judgment wrong, but for all intensive purposes I do not see that happening.
Scott-
