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Author Topic: Are hashlets worth it?  (Read 9829 times)
jimmothy
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November 11, 2014, 07:56:11 PM
 #101

This isn't a court, so hearsay is perfectly acceptable evidence. Keep in mind this is coming from the only bitcoin journal with integrity and the same people who brought the BFL/FTC fiasco to light.

I wouldn't call them that and prefer coindesk. I also don't follow gossip Smiley

So what your saying is that you prefer the group of "journalists" who are paid to write positive articles about any shady/scammy company, over the group of journalists who don't accept bribes and have integrity?

Coindesk is a joke. To call it a journal is a stretch, it's more like a massive collection of paid advertisements. (PS: 99% of GAW's articles are paid for)

Quote
You're basically admitting it again. You are admitting that without divine intervention from the all mighty CEO there is no chance of turning a profit.
All you need is to hope/prey/sacrifice and maybe you're god will grant you ROI.

More sarcasm please.
The payouts dropped without his intervention so its not needed for them to go back to that point again.

But why did the magical zenpool all of the sudden become way less profitable? Don't you find that convenient how it happens to coincide with the launch of hashpoints/hashcoin?

Quote
You must be mistaken, there are much more scams than legit companies. I see a new cloudmining scam pop up weekly yet I only know of something like a dozen legit operations. There are more cloudmining ponzis that have already collapsed than there are legit companies.

You can find over 30 functioning cloud mining sites at the moment.
In your view almost all of them are scams? That's extremely skeptical.

Yes that's exactly my view. Most of the scams are not very successful but some do take off.

Quote
Haha that's bullshit IMO. They owned a registered, legit business and never run anywhere. I think they sold the company, but I might be wrong.
Anyway, if somebody had a proof, they'd have simply made them return the check, start a case in court and so on.
Btw. $40k?

So what you're saying is that that story is fabricated by multiple people living in that little town? Seems a bit of a stretch.

Here's what some more people think about this "legit business" http://www.topix.com/forum/city/canaan-vt/THJFBNV4MIFIR075C

Quote
They recently paid over 1 million for a domain and probably twice that for their Bitmain order.

Just like how they totally bought a pool nobody has ever heard of for $8 million?

I have no doubt the Bitmain order is real but taking his word for anything/everything is simply foolish.

Quote
Oh, and you haven't answered this:
Have you ever tried their services? Did you skip that question because you haven't? Wink

Yes I have a free 10 gh/s. I have to admit the website design is very slick and to be honest I'd recommend it to my noob friends if it didn't look like a scam and wasn't full of arbitrary games.

One last thing, I noticed that only around a week after launch GAW had amassed 250 gh/s. Interesting enough there was no 250 gh/s increase on the litecoin network.

I've heard estimates that they have 500 gh/s by now, how is that possible when they aren't even visible on the blockchain? https://www.litecoinpool.org/pools

How can you hide half the litecoin network?
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bitgeek
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November 11, 2014, 08:04:59 PM
 #102

PS: 99% of GAW's articles are paid for

Proof or didn't happen.


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jimmothy
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November 11, 2014, 08:07:25 PM
 #103

PS: 99% of GAW's articles are paid for

Proof or didn't happen.

https://www.google.com/search?q=gaw&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a&channel=sb#rls=org.mozilla:en-US:official&channel=sb&q=gaw+site:prweb.com
bitgeek
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November 11, 2014, 08:30:03 PM
 #104

Still no proof!

Did you even check what the links are about?

http://www.prweb.com/releases/2012/10/prweb9978026.htm
Also on the speaker panel are Mr. Kenneth Gaw, GAW Capital’s President & Managing Principal with a session on ‘Repositioning and Refurbishment Projects in

http://www.prweb.com/releases/2011/6/prweb8506218.htm
"Jesus Christ is Margaret Gaw in her new nonfiction guide"

http://www.prweb.com/releases/2009/07/prweb2634024.htm
Goodwin Gaw, Founder and Managing Principal, Gaw Capital. Under Mr. Gaw's leadership, Hong Kong-based Gaw Capital has become a leading real estate investment company

A pathetic attempt Wink


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jimmothy
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November 11, 2014, 09:27:12 PM
 #105

Still no proof!

Did you even check what the links are about?

http://www.prweb.com/releases/2012/10/prweb9978026.htm
Also on the speaker panel are Mr. Kenneth Gaw, GAW Capital’s President & Managing Principal with a session on ‘Repositioning and Refurbishment Projects in

http://www.prweb.com/releases/2011/6/prweb8506218.htm
"Jesus Christ is Margaret Gaw in her new nonfiction guide"

http://www.prweb.com/releases/2009/07/prweb2634024.htm
Goodwin Gaw, Founder and Managing Principal, Gaw Capital. Under Mr. Gaw's leadership, Hong Kong-based Gaw Capital has become a leading real estate investment company

A pathetic attempt Wink

Maybe you aren't seeing the same page as me. Here's what I see:

http://www.prweb.com/releases/2014/08/prweb12100331.htm

http://www.prweb.com/releases/2014/09/prweb12169131.htm

http://www.prweb.com/releases/2014/08/prweb12121662.htm

http://www.prweb.com/releases/2014/08/prweb12072040.htm

http://www.prweb.com/releases/2014/09/prweb12154405.htm

http://www.prweb.com/releases/2014/08/prweb12089096.htm

http://www.prweb.com/releases/2014/04/prweb11775300.htm

http://www.prweb.com/releases/2014/10/prweb12220305.htm

http://www.prweb.com/releases/2014/09/prweb12135161.htm

http://www.prweb.com/releases/2014/04/prweb11719363.htm

http://www.prweb.com/releases/2014/04/prweb11729041.htm
Mabsark
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November 12, 2014, 06:18:54 AM
 #106

Whether GAW is a ponzi or not, they're still significantly more expensive than AMHash.
bitgeek
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November 12, 2014, 02:37:14 PM
 #107

Still no proof!

Did you even check what the links are about?

http://www.prweb.com/releases/2012/10/prweb9978026.htm
Also on the speaker panel are Mr. Kenneth Gaw, GAW Capital’s President & Managing Principal with a session on ‘Repositioning and Refurbishment Projects in

http://www.prweb.com/releases/2011/6/prweb8506218.htm
"Jesus Christ is Margaret Gaw in her new nonfiction guide"

http://www.prweb.com/releases/2009/07/prweb2634024.htm
Goodwin Gaw, Founder and Managing Principal, Gaw Capital. Under Mr. Gaw's leadership, Hong Kong-based Gaw Capital has become a leading real estate investment company

A pathetic attempt Wink

Maybe you aren't seeing the same page as me. Here's what I see:
http://www.prweb.com/releases/2014/08/prweb12100331.htm
http://www.prweb.com/releases/2014/09/prweb12169131.htm
http://www.prweb.com/releases/2014/08/prweb12121662.htm
http://www.prweb.com/releases/2014/08/prweb12072040.htm
http://www.prweb.com/releases/2014/09/prweb12154405.htm
http://www.prweb.com/releases/2014/08/prweb12089096.htm
http://www.prweb.com/releases/2014/04/prweb11775300.htm
http://www.prweb.com/releases/2014/10/prweb12220305.htm
http://www.prweb.com/releases/2014/09/prweb12135161.htm
http://www.prweb.com/releases/2014/04/prweb11719363.htm
http://www.prweb.com/releases/2014/04/prweb11729041.htm

You showed a google search link with ~60 links. 10 of them are about GAW Miners, the rest about some other unrelated things with the word GAW.
Point?  Huh

You said 99% of articles about GAW miners were paid ones.

Proof?  Huh




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Feneusens
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November 12, 2014, 02:48:31 PM
 #108

Hashlet is no longer worth it. There are far better, cheaper and maintenance free cloud mining.

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November 12, 2014, 04:42:20 PM
 #109

Hashlet is no longer worth it. There are far better, cheaper and maintenance free cloud mining.

Nobody can offer maintenance free cloud mining permanently. That's a clear sign of a ponzi. Do you think a proper company is going to pay those costs for you?
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November 12, 2014, 05:04:09 PM
 #110

So what your saying is that you prefer the group of "journalists" who are paid to write positive articles about any shady/scammy company, over the group of journalists who don't accept bribes and have integrity?
Coindesk is a joke. To call it a journal is a stretch, it's more like a massive collection of paid advertisements. (PS: 99% of GAW's articles are paid for)

You are already being called out on this, so I won't add to the mix Wink
Just note that there are several other big sites with their reviews, like cryptocoinsnews.com, but they must be accepting bribes too Cheesy
Conspiracy theories FTW!

Quote
But why did the magical zenpool all of the sudden become way less profitable? Don't you find that convenient how it happens to coincide with the launch of hashpoints/hashcoin?

You ask me and I ask you, we are in the same boat here, but I wouldn't connect it with hashcoin, rather with that 30% bitcoin plunge.
Anyway, it doesn't show they aren't mining. Other pools and services also noticed a decrease in payouts, check opinions about ghash and genesis.

Quote
Yes that's exactly my view. Most of the scams are not very successful but some do take off.

I'm not that pessimistic, but this helps me understand why you're attacking cloud minig so much.

Quote
So what you're saying is that that story is fabricated by multiple people living in that little town? Seems a bit of a stretch.
Here's what some more people think about this "legit business" http://www.topix.com/forum/city/canaan-vt/THJFBNV4MIFIR075C

I think the story is exaggerated. As I said before if somebody had solid proof they broke the contract they would have simply gone to court.
Usually, the truth is somewhere in the middle.

Quote
Just like how they totally bought a pool nobody has ever heard of for $8 million?
I have no doubt the Bitmain order is real but taking his word for anything/everything is simply foolish.

When the buyer and the seller both confirm the transaction I believe it. Why not?
If BitcoinWallet.com was sold for $250k, there's no reason to believe btc.com didn't cost much more.
Anyway, we have proof they own the domain and the money to buy it.
Believe or not, I saw one of their addresses with a couple thousand BTC.

Quote
Yes I have a free 10 gh/s. I have to admit the website design is very slick and to be honest I'd recommend it to my noob friends if it didn't look like a scam and wasn't full of arbitrary games.
One last thing, I noticed that only around a week after launch GAW had amassed 250 gh/s. Interesting enough there was no 250 gh/s increase on the litecoin network.
I've heard estimates that they have 500 gh/s by now, how is that possible when they aren't even visible on the blockchain? https://www.litecoinpool.org/pools
How can you hide half the litecoin network?
Did you count the miners they had in their warehouse back then? I saw over 300 units, mostly ~40MH Zeus rigs.
I don't think they were mining LTC exclusively. Probably went after other coins too.


Hashlet is no longer worth it. There are far better, cheaper and maintenance free cloud mining.

Nobody can offer maintenance free cloud mining permanently. That's a clear sign of a ponzi. Do you think a proper company is going to pay those costs for you?

+1

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November 12, 2014, 09:59:43 PM
 #111


Sorry, I assumed you were capable of using your brain to determine which links were completely unrelated to the GAW we are talking about, but I guess I was wrong.

If you don't understand context and exaggeration, I'm not sure there's any point discussing further with you.

The point which you're obviously ignoring is that just about every major press released is written by GAW, supplied with info by GAW, and paid to have spammed across the internet by GAW.

It's a huge red flag but I'm sure that means absolutely nothing to you.
jimmothy
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November 12, 2014, 10:20:01 PM
 #112

So what your saying is that you prefer the group of "journalists" who are paid to write positive articles about any shady/scammy company, over the group of journalists who don't accept bribes and have integrity?
Coindesk is a joke. To call it a journal is a stretch, it's more like a massive collection of paid advertisements. (PS: 99% of GAW's articles are paid for)

You are already being called out on this, so I won't add to the mix Wink
Just note that there are several other big sites with their reviews, like cryptocoinsnews.com, but they must be accepting bribes too Cheesy
Conspiracy theories FTW!

Are you really going to suggest this guy has no incentive to write about GAW? They look pretty intimate to me.



Anyways my point is that GAW uses prweb period, so they are certainly willing to pay people to write/publish positive articles about themselves.

Quote
Quote
But why did the magical zenpool all of the sudden become way less profitable? Don't you find that convenient how it happens to coincide with the launch of hashpoints/hashcoin?

You ask me and I ask you, we are in the same boat here, but I wouldn't connect it with hashcoin, rather with that 30% bitcoin plunge.
Anyway, it doesn't show they aren't mining. Other pools and services also noticed a decrease in payouts, check opinions about ghash and genesis.

(Disclaimer: conspiracy theory)

The way I see it is that they decreased the payout of zenpool only so that it made sense for everyone to switch over to mining hashpoints.

If you were trying to make money by any means/scheme possible would you rather payout in btc (which costs you money), or payout in hashpoints (which you can print an unlimited amount of for free)?

Quote
Quote
So what you're saying is that that story is fabricated by multiple people living in that little town? Seems a bit of a stretch.
Here's what some more people think about this "legit business" http://www.topix.com/forum/city/canaan-vt/THJFBNV4MIFIR075C

I think the story is exaggerated. As I said before if somebody had solid proof they broke the contract they would have simply gone to court.
Usually, the truth is somewhere in the middle.

How else could you explain those people exchanging emails for months, wondering when GAW would finish their project only to find out 6 months later that GAW hasn't even obtained the permits to begin the project?

Quote
Quote
Just like how they totally bought a pool nobody has ever heard of for $8 million?
I have no doubt the Bitmain order is real but taking his word for anything/everything is simply foolish.

When the buyer and the seller both confirm the transaction I believe it. Why not?
If BitcoinWallet.com was sold for $250k, there's no reason to believe btc.com didn't cost much more.
Anyway, we have proof they own the domain and the money to buy it.
Believe or not, I saw one of their addresses with a couple thousand BTC.

I'm not talking about BTC.com. Buying that for $1m is within the realm of possibility because it is a premium domain and the sale itself is an advertisement.

However buying a pool nobody uses for $8 million is just absurd. I'd love to know what makes a litecoin pool worth that much.

I'm sure it has to do with whatever makes them magically payout more than you would get converting mined ltc to btc.

Quote
Quote
Yes I have a free 10 gh/s. I have to admit the website design is very slick and to be honest I'd recommend it to my noob friends if it didn't look like a scam and wasn't full of arbitrary games.
One last thing, I noticed that only around a week after launch GAW had amassed 250 gh/s. Interesting enough there was no 250 gh/s increase on the litecoin network.
I've heard estimates that they have 500 gh/s by now, how is that possible when they aren't even visible on the blockchain? https://www.litecoinpool.org/pools
How can you hide half the litecoin network?
Did you count the miners they had in their warehouse back then? I saw over 300 units, mostly ~40MH Zeus rigs.
I don't think they were mining LTC exclusively. Probably went after other coins too.

300 x 40 mh/s = 12 GH/s. GAW's hashrate is claimed to be somewhere between 500-1000 GH/s. How you can hide that much hashrate on the litecoin network is beyond me.

Do you understand now why I and many others demand proof of mining via a mining address instead of pics?

Here's why I'm led to believe GAW is claiming to have at least 1000 GH/s: https://bitcointalk.org/index.php?topic=720844.msg9516019#msg9516019
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November 12, 2014, 10:59:37 PM
 #113


Sorry I assumed you were capable of using your brain to determine which links were completely unrelated to the GAW we are talking about but I guess I was wrong.

If you don't understand context and exaggeration, I'm not sure there's any point discussing this further with you.

The point which you're obviously ignoring is that just about every major press released is written by GAW supplied with info by GAW and paid to have spammed across the internet by GAW.

It's a huge red flag but I'm sure that means absolutely nothing to you.

The problem is most of the links were unrelated.

99% an exaggeration? A rather large one don't you think? Since you can't prove even half of them are.
You said a complete bullshit that you can't prove and you know it, so the best way is to call me "incapable to understand."  

And you even supported it with another bullshit: "every major press released is written by GAW".

Time to start being responsible for your words.
Got proof or is it another "exaggeration" (lie).



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jimmothy
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November 13, 2014, 12:32:08 AM
 #114

99% an exaggeration? A rather large one don't you think? Since you can't prove even half of them are.
You said a complete bullshit that you can't prove and you know it, so the best way is to call me "incapable to understand."  

That's normally how exaggerations work.

You didn't actually think I found 100 articles about GAW and only 1 was not written/paid for by GAW did you?

Quote
And you even supported it with another bullshit: "every major press released is written by GAW".

How convenient of you to remove the "just about" from the beginning of that quote.

Quote
Time to start being responsible for your words.
Got proof or is it another "exaggeration" (lie).

How can you tell me to be responsible with my words when you're willing to chop up the quote to change the meaning?

In my experience, just about every article I've seen about GAW has stemmed from prweb. (or been supplied info exclusively from GAW)

You can argue about semantics all you want (although I won't), it won't hide the fact that GAW is willing to pay to have positive articles published about themselves.
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November 13, 2014, 01:53:07 AM
 #115

99% an exaggeration? A rather large one don't you think? Since you can't prove even half of them are.
You said a complete bullshit that you can't prove and you know it, so the best way is to call me "incapable to understand."  

That's normally how exaggerations work.

You didn't actually think I found 100 articles about GAW and only 1 was not written/paid for by GAW did you?

Quote
And you even supported it with another bullshit: "every major press released is written by GAW".

How convenient of you to remove the "just about" from the beginning of that quote.

Quote
Time to start being responsible for your words.
Got proof or is it another "exaggeration" (lie).

How can you tell me to be responsible with my words when you're willing to chop up the quote to change the meaning?

In my experience, just about every article I've seen about GAW has stemmed from prweb. (or been supplied info exclusively from GAW)

You can argue about semantics all you want (although I won't), it won't hide the fact that GAW is willing to pay to have positive articles published about themselves.

+1
Sooner or later, enough information that is already in the public domain will be presented to those who currently fail to comprehend what is happening and something will finally "click" in their heads.

Other than that, my suggestion is BUYER BEWARE.

Scott-
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November 13, 2014, 02:51:14 PM
 #116

99% an exaggeration? A rather large one don't you think? Since you can't prove even half of them are.
You said a complete bullshit that you can't prove and you know it, so the best way is to call me "incapable to understand."  

That's normally how exaggerations work.

You didn't actually think I found 100 articles about GAW and only 1 was not written/paid for by GAW did you?


So how much was it really (no bullshitting)? 50%? 30%? Because there had to be much less since we got to the point that 99% was a lie.
All you're doing is telling lies you can't prove and calling them exaggerations. The strangest thing about this whole thing is that you're putting so much effort into making up these stories and "exaggerating" them.

Pathetic!


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Skatter
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November 22, 2014, 01:32:48 PM
 #117

I recommend to further do your own research on GAW or better research Josh Garza and come up with your own conclusion. No point to-ing and fro-ing on the conversation as its not going anywhere.
Those images/links are payed advertisements scroll down to the bottom of the page and check pricing.



EvilPanda
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November 22, 2014, 03:50:37 PM
 #118

Don't you worry they have even more revievs and if companies didn't pay for advertising and SEO such offers would cease to exist.
I find it difficult to understand why some of you see advertising as a bad thing.

Poppy
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November 22, 2014, 06:35:55 PM
 #119

Outside from the advertisement, and shameless advertising which I assume everyone does.

Have they ever missed a payout?
EvilPanda
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November 23, 2014, 04:38:50 PM
 #120

Outside from the advertisement, and shameless advertising which I assume everyone does.

Have they ever missed a payout?

Not to my knowledge.

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