GAW Hashlet ROI Tracking

[lyth0s]

10/18/14: I am now 126% ROI for my bitcoin invested in gaw's bitcoin miners (actually scrypt hashlets)!!!  My plan at this point is to now build my mining power with future profits

If you'd like discounts on GAWMiner's hashlets check out my thread here

Hello I started this thread to see IF and WHEN the gaw miners hashlets will ROI in terms of both USD and BTC.

I purchased a GAWMiner 1MH/s Hashlet on 8/21/14 for $15.99, which was BTC 0.030839 at the time with an estimated ROI of 52 days after fees.

Note: 8/21/14 is a partial day of mining and thus not a full days worth of mining payout

Date  |	BTC Received |	$ Received |	BTC ROI Time |	$ ROI Time |	BTC per MH/s on ZenPool|	Total BTC Earned   |	% ROI to Date (BTC)
8/21/14	0.0001017	$0.05	Partial, NA	Partial, NA	BTC0.00065055	0.0001017	0.32%
8/22/14	0.0005801	$0.29	53 Days	55 Days	BTC0.00073722	0.0006818	2.2%
8/23/14	0.00049838	$0.25	62 Days	63 Days	BTC0.00065734	0.00118018	3.8%
8/24/14	0.00056351	$0.29	55 Days	54 Days	BTC0.00072287	0.00174369	5.6%
8/25/14	0.00051760	$0.27	59 Days	59 Days	BTC0.00067560	0.00226129	7.3%
8/26/14	0.00053079	$0.27	58 Days	59 Days	BTC0.00068671	0.00279208	9.1%
8/27/14	0.0009866	$0.50	32 Days	31 Days	BTC0.00114244	0.00377868	12.3%
8/28/14	0.00056912	$0.29	54 Days	55 Days	BTC0.00072672	0.00434780	14.1%
8/29/14	0.00055373	$0.26	56 Days	61 Days	BTC0.00071237	0.00490153	15.9%
8/30/14	0.0004824	$0.23	64 Days	70 Days	BTC0.00064408	0.00538393	17.5%
8/31/14	0.00049723	$0.23	64 Days	70 Days	BTC0.00066355	0.00538393	19%

9/15/14: I am now 52.4% ROI in terms of bitcoin!!

9/28/14: I am now 85.6% ROI in terms of bitcoin!!

10/18/14: I am now 126% ROI for my bitcoin invested!!!  My plan at this point is to now build my mining power with future profits


Each ROI calculation is done as if the miner was first mining on THAT day, so that I can track if there are any jumps in ROI times without averaging in past days.

If you'd like discounts on GAWMiner's hashlets check out my thread here


Estimated Zen Solo Hashlet ROI time in days:

So currently the Zen Solo's cost 20.85 aka 0.0438 BTC for 1 MH/s. Each MH/s makes 0.00063617 BTC per day. Now if the zenpool payout per day stayed constant the machine would reach 100% ROI in 69 days. However, with difficulty increases of each coin and usually decreasing cost of altcoins the payout per day should be decreasing pretty quickly. HOWEVER, zenpool payouts on 8/21/14 were 0.00065055 BTC/MH/day and now its only declined to  0.00063617 BTC/Mh/day which is only a 2.3% decline over almost a full month! This intentionally does not account for the $0.08 fee per MH, which could increase in BTC amount if price goes up, or could become nearly no BTC fee if BTC price goes up as many people are projecting.

Lets extrapolate 2.3% decline in BTC for for the 69 day projected ROI and we get an estimated ROI time of 72 days (compounding decline).

Zen Primes will need to have some cool features added to them before I believe that this will be a clearly profitable hashlet to go with. The biggest thing they could add to these right now would be the ability to mine different algorithms as scrypt already has a LOT of competition and thus lower prices. With that being said, I also expect them to increase the price of the hashlet primes along if/when they ever add the other algorithms to them, because at that point they profitability will most likely increase quite nicely.

[BitCoinPokerBro]

Considering the last few bonuses and larger than expected payout 50-60 days is reasonable if all stays the same. Especially if you can afford to deposit enough btc to bump the hashpoint earnings to 5+ mbtc/day.

[lyth0s]

Yeah I'm not sure yet if the fees are already deducted from the BTC they estimate I will make per day and I have no idea at what rate their fees will be dropping. So with that being said, I plan on just writing down the actual BTC I receive per day and seeing how it all turns out. And there is almost guaranteed to be a difference between BTC ROI and USD ROI, which is why I'm going to keep track of both (bitcoin price is very unlikely to stay the exact same as it is now).

[lyth0s]

So just after 1 full day of mining the new ROI is looking to be about 6 days longer than expected already....Hopefully that trend does not continue.

[lyth0s]

So from 8/22 to 8/23 the bitcoins made per day per hashlet has dropped by 14%, increasing the ROI time (if bought today, not including past gains) by 10 days.

[kcheel]

Noticed the drop the last few days also on mine (have 90MH).  Still confident they will ROI though.  If anyone wants to sell theirs, looking to buy more of them.  Paying the original $16 per/MH price on them.  Instant ROI for you. 

[Don007]

It seems like the price has recently been increased to $20.-. Unfortunately I was too late to buy the hashlets for $16,- as I only found out 1 hour ago about these Hashlets.

Let's see how this goes. I will follow your topic. My ROI will be a bit longer, but we'll see .

[hodap]

If you can recoup your investment in 50-60 days, that imply the ROI is well over 400-500% annualized.

I will check this thread again in 40-50 days, please keep us inform.

Thank you

[sukamasoto]

now the price has reached $ 20 hashlate
calculation. your profits are no longer appropriate

[Dilemas]

Well, my 2 days of 10 MHS:

1day. 1.00 USD
2day. 2.70 USD
2 days total 3,70USD . can you find better anywhere? i think its good for now

[lyth0s]

Ok so after the initial dip in BTC/Day on 8/23/14 we then saw an improvement on 8/24/14 which increased the btc payout by 13%. Looks like it held steady to 8/25/14 with just a slight decrease in BTC payouts.

I'm honestly happy that the payout decrease per MH/s did not continue.

[Dilemas]

So far so good..
But today at the same time I havent received payout.. do im the only one here?
And my miners MHS has just doubled . I had 1x 10 MHS and 1 x 5 MHS, now all day its 1x20 and 1x10 MHS..

[Marvell1]

So far so good..
But today at the same time I havent received payout.. do im the only one here?
And my miners MHS has just doubled . I had 1x 10 MHS and 1 x 5 MHS, now all day its 1x20 and 1x10 MHS..

yeah no payouts here either , is the scam finally maturing ?

[taaku]

So far so good..
But today at the same time I havent received payout.. do im the only one here?
And my miners MHS has just doubled . I had 1x 10 MHS and 1 x 5 MHS, now all day its 1x20 and 1x10 MHS..

same here my hash rate has doubled and no payouts today for me either.

[taaku]

So far so good..
But today at the same time I havent received payout.. do im the only one here?
And my miners MHS has just doubled . I had 1x 10 MHS and 1 x 5 MHS, now all day its 1x20 and 1x10 MHS..

same here my hash rate has doubled and no payouts today for me either.

seems like this was 12 hour promotion today..uuuuufffff..why can't they send a simple mail.

https://hashtalk.org/t/double-hash-for-all-hashlets-for-the-next-12-hours/8585/

[KevinBlevins]

vaultbreakers should bring down cost of hashlets and service charge! that is, if they are using them or their boards.

[BitCoinPokerBro]

Where is my ref back commission? You said you'd send it by monday which didn't happen.

[crackfoo]

regarding hash rates/graphs, I think they were having problems with them since introducing merging of hashlets. Seems to be reconciled today, but still keeping a close eye on their profiability.

Now that they are 24.99, I won't be getting any more though.

[lyth0s]

So far so good..
But today at the same time I havent received payout.. do im the only one here?
And my miners MHS has just doubled . I had 1x 10 MHS and 1 x 5 MHS, now all day its 1x20 and 1x10 MHS..

same here my hash rate has doubled and no payouts today for me either.

Hash rate was doubled for a promotion. I also haven't received a bitcoin payout for today 8/27/14, but it usually occurs in the middle of the night for my time. I have received my 8/26/14 payout and I expect the 8/27/14 payout to be in my account tomorrow (which is why my updates are always 1 day behind)

[lyth0s]

Where is my ref back commission? You said you'd send it by monday which didn't happen.

BitcoinPokerBro I told you this "Ok I see it. Let me make sure that GAW doesn't run with everyone's money over the weekend, and if they respond to me tomorrow (Monday) I'll send you the coins. Only reason I have this check in place right now is because they were supposed to contact me last Friday, but suddenly they are out of the office..."

They did not respond to me on monday and thus I haven't sent the coins. I was finally contacted by GAW today and they said they are sending a wire transfer (instead of the BTC payment that I wanted). So far I see no wire transfer, but with it being past 5pm my time I'll give them the benefit of the doubt and hope I see it tomorrow. If the wire transfer goes through tomorrow then you will receive your BTC. If gaw miners is running with the BTC then I won't be able to get it back for you. But I'm trying to get you your discount from them on a daily basis, give me some time and I haven't forgot about you.

I also added you to my public list of people I will be giving BTC Back to if GAW doesn't run with it here: https://bitcointalk.org/index.php?topic=750909.0