GAW Hashlet Genesis thoughts?

[P4ndoraBox7]

From the genesis....

500 at 0.10 usd will gives out 50 USD per day

[xstr8guy]

From the genesis....

500 at 0.10 usd will gives out 50 USD per day

Check your math because you are very wrong! Lol. That's impossible. That would be a positive ROI IN 10 days. You're off by a factor of (at least) ten.

[P4ndoraBox7]

If one genesis gives out 1gigahash, and that this gigahash pay 0.10 usd in 24h then we have a ROI of approximately 100 days.

So for 500 gigahash you will have 50 USD/day

For 500$ it will be 50 gigahash so 5 USD/day

[xstr8guy]

If one genesis gives out 1gigahash, and that this gigahash pay 0.10 usd in 24h then we have a ROI of approximately 100 days.

So for 500 gigahash you will have 50 USD/day

For 500$ it will be 50 gigahash so 5 USD/day

Your inability to understand very basic math is astounding! No one is paying $10 per GHs these days. GAW Genesis is $1.00 per GHs... 500GHs for $500. And that most certainly does not return $50 per day.

[P4ndoraBox7]

My bad, its 10 $ USD for 10 GH

As seen on hashlet tab, hashlet comparison.

[P4ndoraBox7]

If one genesis gives out 10gigahash, and that this gigahash pay 0.10 usd in 24h then we have a ROI of approximately 100 days.

So for 5000 gigahash you will have 50 USD/day

For 500$ it will be 500 gigahash so 5 USD/day

Now, I'm right.

[ajw7989]

GAW Genesis Hashlets will not ROI unless they do something special. THe difficulty is increasing too fast. Even just a 15% increase in difficulty will never ROI. GAW is known for running good promotions though and if you can resell the hashlet when the marketplace opens then possibly you might ROI. Also if they run a few extra promos like double your hash. But strictly a dollar gh will not ROI

[P4ndoraBox7]

Then ajw7989 instead of genesis Hashlet I would suggest you the prime one.

Its a little costier, but your hashlet will always adapt to the newest technology, as you can see in the hashlet comparison page. No contract, no wait, lifetime.

[crocko]

Then ajw7989 instead of genesis Hashlet I would suggest you the prime one.

Its a little costier, but your hashlet will always adapt to the newest technology, as you can see in the hashlet comparison page. No contract, no wait, lifetime.

The price for Hashlet Prime is now $49.95

[5ick3uffalo]

49.95$? wow i paid 15.99$ 

[Morguk]

49.95$? wow i paid 15.99$ 

It turned into a Prime, so apparently there's gonna be loads of features including scrypt-n!

[P4ndoraBox7]

the prime included an automatic migration if any new or better gear for mining are for sale. Yup even if it 49.95, 3 days ago it was 39.95 and its still benefical.

[P4ndoraBox7]

ajw, its already ROI in 100 days.

[eoakland]

the prime included an automatic migration if any new or better gear for mining are for sale. Yup even if it 49.95, 3 days ago it was 39.95 and its still benefical.

i don't get how paying $49.95 per prime scrypt mh/s is worth it ?  bitmain is coming out with the L1, which is $5 or less per mh/s soon. these primes will fall by the wayside IMO.  if i recall correctly, Bitmain and Avalon had somewhat of a price war and they lowered the cost of Gh/s back then...so i expect Bitmain to do the same to scrypt mh/s.  any thoughts ?

[P4ndoraBox7]

http://gawminers.go2cloud.org/SHH8 Click on this link go in hashlet tabs then hashlet comparison, then scroll down to see the comparison of all the hashlets. Its the best answer I can give to you.

[Morguk]

the prime included an automatic migration if any new or better gear for mining are for sale. Yup even if it 49.95, 3 days ago it was 39.95 and its still benefical.

i don't get how paying $49.95 per prime scrypt mh/s is worth it ?  bitmain is coming out with the L1, which is $5 or less per mh/s soon. these primes will fall by the wayside IMO.  if i recall correctly, Bitmain and Avalon had somewhat of a price war and they lowered the cost of Gh/s back then...so i expect Bitmain to do the same to scrypt mh/s.  any thoughts ?

Because the hardware upgrades over time including algo changes like scrypt-n, x11, x13 etc.

[eoakland]

the prime included an automatic migration if any new or better gear for mining are for sale. Yup even if it 49.95, 3 days ago it was 39.95 and its still benefical.

i don't get how paying $49.95 per prime scrypt mh/s is worth it ?  bitmain is coming out with the L1, which is $5 or less per mh/s soon. these primes will fall by the wayside IMO.  if i recall correctly, Bitmain and Avalon had somewhat of a price war and they lowered the cost of Gh/s back then...so i expect Bitmain to do the same to scrypt mh/s.  any thoughts ?

Because the hardware upgrades over time including algo changes like scrypt-n, x11, x13 etc.

thanks, i have been out of the loop for a bit.  i have no clue WTF x11, x13 are ?  i am going to google that shit =)

[SDRebel]

GAW Genesis Hashlets will not ROI unless they do something special. THe difficulty is increasing too fast. Even just a 15% increase in difficulty will never ROI. GAW is known for running good promotions though and if you can resell the hashlet when the marketplace opens then possibly you might ROI. Also if they run a few extra promos like double your hash. But strictly a dollar gh will not ROI

Completely agree. With current numbers, i dont think the Genesis or primes can ROI, unless somehow GAW makes them bettee, as implied, though not really sure how they can do it (even the solo hashlets I'm not so sure about them)

[SDRebel]

Then ajw7989 instead of genesis Hashlet I would suggest you the prime one.

Its a little costier, but your hashlet will always adapt to the newest technology, as you can see in the hashlet comparison page. No contract, no wait, lifetime.

It says it will, but it doesn't say how, so it requires a lot of trust
I'm already invested (from converted hardware), so I'll have to wait and see

[SDRebel]

the prime included an automatic migration if any new or better gear for mining are for sale. Yup even if it 49.95, 3 days ago it was 39.95 and its still benefical.

i don't get how paying $49.95 per prime scrypt mh/s is worth it ?  bitmain is coming out with the L1, which is $5 or less per mh/s soon. these primes will fall by the wayside IMO.  if i recall correctly, Bitmain and Avalon had somewhat of a price war and they lowered the cost of Gh/s back then...so i expect Bitmain to do the same to scrypt mh/s.  any thoughts ?

At the moment it's not clear. I made some posts around it in other threads. I believe those 1Mh hashlets may become 10Mh in the future, etc
I think it's like a prepurchase plan, but yeah, at the moment, $50 per Mh is too expensive...luckily for me my average price is $15 or so