Post
Topic
Board Service Discussion
Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
by
coinits
on 22/04/2015, 01:42:26 UTC
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.

How can you sell at a loss when your customers put up the money to purchase the equipment and then you resell said equipment back to the customers who paid for it in the first place?

Sorry. I forgot to think like a crook. Thanks for correcting me. Now I am pissed of at him again. Fucking weasel.