Post
Topic
Board Service Discussion
Re: GAW Miners (Scrypt ASIC seller) independent feedback thread
by
octave1
on 31/05/2014, 19:18:02 UTC
Theres another thread by a guy claiming that people on Bitcointalk were paid to write "nice things" about GAW. Pump their products and basically bribe people to help with their marketing.  2 days before the "big release" they move to their own forum.

Im calling on the owners of Bitcointalk (assuming they arent involved) to investigate PMs sent from GAW Miners account and "Cassies" account to see if there is anything suspicious going on (just for the sake of those who are a bit worried - and possibly over-reacting).

Im also calling on GAW to give us the opportunity to prove to us that War Machines do infact exist. How about posting a youtube video of your machines working. Even better how about showing us your 5 data centres please.

I know they are reading this, they seem to have invested a lot in protecting their name etc. They answer emails in the middle of the night.

Does seem suspicious the 2.5% hashing fee. How could that make for a viable business model? At current rates a terminator is going mine about $130 per day and pull 18 kwh a day. 2.5% of $130  = $3.25.  Assuming they get cheap power lets say 10 cents a kwh. They gonna spend $1.80. Doesnt make for a very sizeable profit for them? In 6 months its gonna be running at a loss. And they claim the small units they sold earlier in the month they were selling at a loss.. hmm.

Perhaps they are making $3000 for hardware of these big units. In which case its a viable business model possibly, selling cheap units to home users for break evens to build up their name before making a killing on big units. But how many have they sold. And do they exist?

I believe hardly any, if any WMs were sold on week 1. There would be people talking about them. So far only a guy called Vector is talking about owning a War Machine. Happy or not.. youd be talking about it.

Someone please PROVE that War Machines exist? Too much to ask?