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Author Topic: What is gaw miner  (Read 3703 times)
Lethn
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December 17, 2014, 10:54:47 PM
 #41

GAW to me looks dodgy as fuck, the reason being not just because of all the background the people here have dug up but because something I've learned from watching MT.GOX is that if you have a company that has huge amounts of 'technical' issues and constant maintenance. Then they are either incompetent and shouldn't be in the business of holding other peoples' currency or they are setting up for their coins to mysteriously 'vanish' during one of their technical problems just as MT.GOX did.

While we're all human and make mistakes, consistent incompetence and dishonesty should never be rewarded.
sifter
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December 19, 2014, 07:34:37 AM
 #42

It's a cloud mining service and a retailer of miners. I wouldn't recommend investing in the cloud mining, you may not ROI.

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kotwica666
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December 19, 2014, 03:46:22 PM
 #43

It's a cloud mining service and a retailer of miners. I wouldn't recommend investing in the cloud mining, you may not ROI.

Did you notice that diff is falling? Now should be best moment to achieve ROI.

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Farmer17
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December 20, 2014, 07:17:30 PM
 #44

It's a cloud mining service and a retailer of miners. I wouldn't recommend investing in the cloud mining, you may not ROI.

Did you notice that diff is falling? Now should be best moment to achieve ROI.

The bitcoin difficulty has dropped twice in a row, but it may go back up quickly when ASIC manufacturers produce new generation of miners.
When will that happen? I have no idea though.

So please, only invest what you can lose.

michietn94
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December 21, 2014, 03:49:35 AM
 #45

cloud mining that also sell equipment
That's right. They used to be the biggest hardware reseller in the US, but now are focusing mostly on cloud mining and releasing their own altcoin.

so I can buy a hash into Gawminer too?

Bitcoin price has down, maybe this is the perfect time to buy it

It's a cloud mining service and a retailer of miners. I wouldn't recommend investing in the cloud mining, you may not ROI.

Did you notice that diff is falling? Now should be best moment to achieve ROI.

The bitcoin difficulty has dropped twice in a row, but it may go back up quickly when ASIC manufacturers produce new generation of miners.
When will that happen? I have no idea though.

So please, only invest what you can lose.

so ASIC manufacturers affect a majority bitcoin price  Shocked

I must update my information for this

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Farmer17
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December 21, 2014, 06:51:28 AM
 #46

It's a cloud mining service and a retailer of miners. I wouldn't recommend investing in the cloud mining, you may not ROI.

Did you notice that diff is falling? Now should be best moment to achieve ROI.

The bitcoin difficulty has dropped twice in a row, but it may go back up quickly when ASIC manufacturers produce new generation of miners.
When will that happen? I have no idea though.

So please, only invest what you can lose.

so ASIC manufacturers affect a majority bitcoin price  Shocked

I must update my information for this

ASIC manufacturers' production schedule affects the bitcoin difficulty heavily.
The difficulty has some effect on the bitcoin price, but I don't think it is that closely related.

EvilPanda
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December 21, 2014, 03:01:56 PM
 #47

cloud mining that also sell equipment
That's right. They used to be the biggest hardware reseller in the US, but now are focusing mostly on cloud mining and releasing their own altcoin.

so I can buy a hash into Gawminer too?

Bitcoin price has down, maybe this is the perfect time to buy it

Yes, they are selling hash in the form of cloud mining, but if you look at the charts, you'll notice that the profitability of cloud operations is low. Cloud services boomed when the price of Bitcoin was between 500 and 600 USD. When it halved the maintenance fees started to take the majority of profits.
GAW has recently switched to hashstakers, which are coin generating wallets. You can read more here: http://www.gawminers.com/pages/hashstaker

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