Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)

S4 = 2TH. 1PH = 1,000 TH. 4500/2 = 2250 units.

1 S4 = .69W/Ghs. 4,500,000 * .69 = 3105000W = 3.105MW @ 120V.

http://www.scribd.com/doc/261401676/Mississippi-Power-Company-vs-GAW-Miners-LLC#scribd

700MW used from Dec 31 - Jan 23. 23 Days. 1.27MW per day usage.

Wait, that purchase was verified in the emails, right? So was the farm down over half the time, or did something else happen over half of the units?

I am pretty sure most of that 5 Ph never was setup and mining for GAW. I think they resold the hardware at a loss.

Selling new at a loss? Why? You can get a premium on new miners and good second hand ones on ebay.

They bought the S4s in October when the retail price was $1200. Let's be generous and say they got them at half price (were there more specific numbers in those e-mails?). They were still selling them off as recently as March at $475 each.