Gaw used to be sucessful company so people believe in it
How were they successful?
They were a legitimate reseller of Zeus and GridSeed ASIC's earlier in 2014. Then after that fell apart they decided that a cloud mining business would be a good idea . . .
I think it would be more accurate to say they sold Gridded and rebranded Zeus ASICs. I don't know that I would go so far as to say that they were legitimate. There was lying even back then. At the time, I thought it was just a small business guy who was in over his head. I figured they really didn't understand how to run the business and stretched the truth in an effort to placate customers who were having issues. In retrospect, their ethics and morals were questionable even then. You should see some of the lies that customer service was telling back then. It was just more contained because the customer base was smaller.