Re: GAW Miners (Scrypt ASIC seller) independent feedback thread
Just when I thought it's going to be a slow day, I stumbled upon this little gem, thanks to GAW delete button being apparently asleep. Business must be really bad if they need to threadcrap competitors 
Honestly people. I can tell you how it works. I am tired of how people like Jack operates and lies. It does a lot of damage to our community. As a co-founder of Gaw Miners, I am based in Shenzhen. I know of intricate details of the supply chain. Jack has on multiple occasions emailed me and declared that he has 1,000 if not 10,000 units coming in. Please, I work in the industry and he expects me to believe he put down $1m - $10m to buy stock. LA never use their own money and rely on presales and hitting targets demanded by manufacturers through groupbuys.
To me LA operates in either 2 ways:
1. Sell the latest miners that has eta dates. When promises are made, it can not be kept as the promise are either outright lies or too optimistic. Causes a lot of anger from customers, but customers have a short memory as LA seems to have the lowest prices. This leads to point 2.
2. Rather than sell stock at higher margins, LA and multiple others alike in China sell stock at super low margins and make it up for the 1st or 2nd week of customer's miners. Go do a BTC or LTC calculation on a calculator and you can see how much % profit can be made in the first 2 weeks. Chinese resellers are the biggest culprits. There is no doubt in my mind LA has your miner, its just in their farm hashing for their account. Chinese labour is super cheap to setup miners and take them down after use. Gaw Miners has high integrity and a huge brand to protect and we have never and will never do that.
Customers and people in the community needs to understand this business model, and if you continue to want to buy from resellers like this. It is your choice.
Other culprits are other Chinese agents on this forum and the biggest culprit is Dragon Miners.
To me LA operates in either 2 ways:
1. Sell the latest miners that has eta dates. When promises are made, it can not be kept as the promise are either outright lies or too optimistic. Causes a lot of anger from customers, but customers have a short memory as LA seems to have the lowest prices. This leads to point 2.
2. Rather than sell stock at higher margins, LA and multiple others alike in China sell stock at super low margins and make it up for the 1st or 2nd week of customer's miners. Go do a BTC or LTC calculation on a calculator and you can see how much % profit can be made in the first 2 weeks. Chinese resellers are the biggest culprits. There is no doubt in my mind LA has your miner, its just in their farm hashing for their account. Chinese labour is super cheap to setup miners and take them down after use. Gaw Miners has high integrity and a huge brand to protect and we have never and will never do that.
Customers and people in the community needs to understand this business model, and if you continue to want to buy from resellers like this. It is your choice.
Other culprits are other Chinese agents on this forum and the biggest culprit is Dragon Miners.