Hashlet

[dyask]

It is a concern with BTC so low ~$485 now.   $.08 would be ~.000165 BTC.   The projected earnings are .00064393 BTC, leaving about .00047893 BTC.   The current cost of 1 MHS is about .03299 BTC so the daily yield is a ~ 1.45%.  

However, I don't see how such high rewards can be maintained and it is possible the BTC could drop much lower.   So there is a *LOT* of risk here.  

It's also possible that BTC goes up much higher. Do I have to remind you that the last high value of BTC was over $1000?

With the prices below $500 all of us who bought miners in the last 6 months won't ROI, but I'm certain we won't stay at this price.

Sure ... but right now the risk is to the downside.

[1714657487]

1714657487

[1714657487]

1714657487

[GAW_Taylan]

Basically, it is a cloudmining contract, but the exact contract terms are not easily to be found (e.g. hosting cost, duration...).

It is supposed to be tradeable though, and seems to be cheaper than competitors products.


Also, please move to altcoin forum.

Hey Guys, I'm here to explain all that I can to you guys!

It is not a contract, more of a *soon* tradable way to access as much hashpower as you want with a tiny maintainance fee which will drop over time, causing your miner to be forever profitable.

[Somekindabitcoin]

Basically after a month and a half, it's going to be profitable forever. Albeit, not as fast as it usually is, but it will still be there.

[suchmoon]

Basically after a month and a half, it's going to be profitable forever. Albeit, not as fast as it usually is, but it will still be there.

Why, what's going to happen in a month and a half?

[dyask]

Basically after a month and a half, it's going to be profitable forever. Albeit, not as fast as it usually is, but it will still be there.

Why, what's going to happen in a month and a half?

Bad math?   Right now the breakeven point appears to be over 80 days out.   That is partly because of the low BTC price.   It might not be the best time to buy Hashlets, if BTC price goes back over $500 that would bring the break even down a bit. 

However if you are spending fiat to get Hashlets, it is probably a great time to buy.   

[jekv2]

HASHLET A SACAM.

[danny757]

I got took for 15 MH/s  thinking I was going to mine some scrypt coin looking to speculate on coins you only have a few pools to pick from and they all mine and convert to bitcoin what a waste of 15 mh/s
been mine bitcoin for 3 years this is an insult to me.... really so thinking about what there doing there vaper mining rigs. or Ponzi Rigs ! I can tell you no one at my shop and crew will ever buy anything from them again... I got some before thinking so I hope this saves someone some money,

Danny

[bitgeek]

HASHLET A SACAM.

Can't even make it into a sentence, not to mention spelling. What a joke...

[dyask]

I got took for 15 MH/s  thinking I was going to mine some scrypt coin looking to speculate on coins you only have a few pools to pick from and they all mine and convert to bitcoin what a waste of 15 mh/s
been mine bitcoin for 3 years this is an insult to me.... really so thinking about what there doing there vaper mining rigs. or Ponzi Rigs ! I can tell you no one at my shop and crew will ever buy anything from them again... I got some before thinking so I hope this saves someone some money,

Danny

You can use the BTC to buy any coin your want.   That would be a feature!

[Somekindabitcoin]

Basically after a month and a half, it's going to be profitable forever. Albeit, not as fast as it usually is, but it will still be there.

Why, what's going to happen in a month and a half?

Bad math?   Right now the breakeven point appears to be over 80 days out.   That is partly because of the low BTC price.   It might not be the best time to buy Hashlets, if BTC price goes back over $500 that would bring the break even down a bit. 

However if you are spending fiat to get Hashlets, it is probably a great time to buy.   

It's only a month and a half. I already calculated that at the current amount of btc i'm getting. Why don't you get some btc and get some hashlets?

You get paid more than you would in any pool

[dyask]

Basically after a month and a half, it's going to be profitable forever. Albeit, not as fast as it usually is, but it will still be there.

Why, what's going to happen in a month and a half?

Bad math?   Right now the breakeven point appears to be over 80 days out.   That is partly because of the low BTC price.   It might not be the best time to buy Hashlets, if BTC price goes back over $500 that would bring the break even down a bit.  

However if you are spending fiat to get Hashlets, it is probably a great time to buy.  

It's only a month and a half. I already calculated that at the current amount of btc i'm getting. Why don't you get some btc and get some hashlets?

You get paid more than you would in any pool

You better check your math.  Did you account for the maintenance costs?   You seem to be off by a factor of 2.  Right now it is about 80 days until the $16 is paid for.

[suchmoon]

It's only a month and a half. I already calculated that at the current amount of btc i'm getting. Why don't you get some btc and get some hashlets?
You get paid more than you would in any pool

You better check your math.  Did you account for the maintenance costs?   You seem to be off by a factor of 2.  Right now it is about 80 days until the $16 is paid for.

Not to mention that revenue will not stay the same and it's a fairly safe bet that it will go down 30-50% per month.

[Somekindabitcoin]

I did add the maintenance cost as well  

+1 GH now that I own.

[dyask]

It's only a month and a half. I already calculated that at the current amount of btc i'm getting. Why don't you get some btc and get some hashlets?
You get paid more than you would in any pool

You better check your math.  Did you account for the maintenance costs?   You seem to be off by a factor of 2.  Right now it is about 80 days until the $16 is paid for.

Not to mention that revenue will not stay the same and it's a fairly safe bet that it will go down 30-50% per month.

Sure ...  And that is scary.   If it goes down by 50% a month we lose.
1) $6.00     $6.00   ... $10.00 to go
2) $3.00     $9.00   ...  $7.00 to go
3) $1.50    $10.50  ...  $5.50 to go
4) $0.75    $11.25  ...  $4.75 to go
...

The $6 is based on todays profit being around $.22 / MHs   (.00047372 BTC / MHs, which still an estimate because I haven't seen the actual amount yet.)

EDIT: My average payout today was 0.00052 BTC / MHs of Hashlet.    At the current price of bitcoin $476, that works out to $0.2475.  So IF everything stayed constant it would take 16/.2475 days to get to ROI ...  ~65 days ... A little over two months.   

[jekv2]

HASHLET A SACAM.

Can't even make it into a sentence, not to mention spelling. What a joke...

Oh no the NAZI is back again.

[AirFlame]

HASHLET A SACAM.

Can't even make it into a sentence, not to mention spelling. What a joke...

Oh no the NAZI is back again.

Trust: -1 why even bother to read ? Scammer will always fill Your life with lies

[bennynjetz]

Since my label here is "Newbie" I feel as if I must preface every post with I am not a newbie to Bitcoin 

OK, on to my point:

I am a huge fan of GAW and have been since they started manufacturing and selling Antminers. I have many Antminers, and they crank out the performance day after day. That's why I chose to jump on the Hashlet train from day one. Keep this in mind: if you are doing this to get rich or to "spot" a scam, just get out. Do this for fun and for the thrill of the ride.

This is like everything else - when you look for something bad you will find it. If you are willing to try it out, get in with little investment and go from there. That's exactly what I did (started with 2 Mh/s) and now I'm 102 Mh/s deep. It's a nice add-on to my hardware mining and the maintenance fees are reasonable.

Let's be friends and have fun, my BTC brothers and sisters!

[suchmoon]

Since my label here is "Newbie" I feel as if I must preface every post with I am not a newbie to Bitcoin 

OK, on to my point:

I am a huge fan of GAW and have been since they started manufacturing and selling Antminers. I have many Antminers, and they crank out the performance day after day. That's why I chose to jump on the Hashlet train from day one. Keep this in mind: if you are doing this to get rich or to "spot" a scam, just get out. Do this for fun and for the thrill of the ride.

This is like everything else - when you look for something bad you will find it. If you are willing to try it out, get in with little investment and go from there. That's exactly what I did (started with 2 Mh/s) and now I'm 102 Mh/s deep. It's a nice add-on to my hardware mining and the maintenance fees are reasonable.

Let's be friends and have fun, my BTC brothers and sisters!

Ok, that's a new one. What else did they manufacture?

[bennynjetz]

Since my label here is "Newbie" I feel as if I must preface every post with I am not a newbie to Bitcoin 

OK, on to my point:

I am a huge fan of GAW and have been since they started manufacturing and selling Antminers. I have many Antminers, and they crank out the performance day after day. That's why I chose to jump on the Hashlet train from day one. Keep this in mind: if you are doing this to get rich or to "spot" a scam, just get out. Do this for fun and for the thrill of the ride.

This is like everything else - when you look for something bad you will find it. If you are willing to try it out, get in with little investment and go from there. That's exactly what I did (started with 2 Mh/s) and now I'm 102 Mh/s deep. It's a nice add-on to my hardware mining and the maintenance fees are reasonable.

Let's be friends and have fun, my BTC brothers and sisters!

Ok, that's a new one. What else did they manufacture?

So sorry. I used the term "manufacturing" way too loosely. Since they started SELLING them.

[bitgeek]

Since my label here is "Newbie" I feel as if I must preface every post with I am not a newbie to Bitcoin 

OK, on to my point:

I am a huge fan of GAW and have been since they started manufacturing and selling Antminers. I have many Antminers, and they crank out the performance day after day. That's why I chose to jump on the Hashlet train from day one. Keep this in mind: if you are doing this to get rich or to "spot" a scam, just get out. Do this for fun and for the thrill of the ride.

This is like everything else - when you look for something bad you will find it. If you are willing to try it out, get in with little investment and go from there. That's exactly what I did (started with 2 Mh/s) and now I'm 102 Mh/s deep. It's a nice add-on to my hardware mining and the maintenance fees are reasonable.

Let's be friends and have fun, my BTC brothers and sisters!

I agree with you, but I don't think we should keep this thread going. You can find many threads discussing GAW and Hashlet on this forum that weren't started by a troll.