Quote from: Slark on August 18, 2014, 02:02:47 AM

Quote from: dyask on August 18, 2014, 01:38:13 AM

Quote from: jimlite on August 18, 2014, 12:28:09 AM

Hashlet are not physical hardware. They are basically a new form of upgradeable cloud mining contracts that you actually own.
So you can buy whatever you want for $15.99/MH then pick from about 4 well known scrypt pools (which they may or may not
actually be hashing at) or the Zen Hashlet pool, which they say is guaranteed to perform better than any other pool. So yes,
there is some smoke and mirrors here I think, but for cloud mining which is usually at $25/MH, non-transferable contract that you
don't own, etc. Hashlets make sense for people who want to make some btc without the hassle of physical hardware and being
able to buy as much as they want or as little to try it out. I bought a few MH and so far it seems to be working. Only time will
tell, GAW claims next week will be an upgrade program, hopefully it is a very good offer, or I will not give up my physical asics.
If you want to see more about it, check out my signature below for a discount.

The very reason why I bought a few is to just test the waters. I live in Japan and the power costs are extreme. So for me cloud mining makes some sense but I haven't don't that well with it so far. I figure GAW Miners isn't likely to disappear fast so it would be better than some. Right now it is 9:30 pm EDT and I haven't been paid for the first day yet. I'm a little uncomfortable about that. (I bought yesterday at 2:00 am EDT, so I assume I'll get some payment.)

It is still early, I just find feedback important. I could have transferred more BTC there and bought more, but I'm feeling a little cautious.

Personally I don't care if it is real mining or not as long as it just isn't a Ponzi. I've made BTC off of the B.Mine/B.Sell at Havelock and that is completely virtual. However the market at Havelock is pretty small.

Form the support at the site:
"Also, many users are curious about payouts. Payouts are issued once every 24 hours, primarily in the hours between 10PM - 2AM Eastern. We issue payouts in waves to prevent overwhelming our Coinbase API. So if you don't see your payout at the same time as the previous day, or at the same time as another user, do not worry. It will come

Lastly, if you activated your miner after 7PM Eastern, you may not see a payout for that device that same night. You will however, see a prorate on the following day's payout."

So I should see my first payout in then next 3.5 hours.

I would like to hear your opinion after that payout. As for your concerns I can assure you that this is not ponzi scheme or elaborate scam. From my previous experience with GAW I can tell you that they are serious business. If they scam people they are finished and they are pretty big company, that simply ain't gonna happen, you can sleep peacefully.

Well I now see the payouts listed, but they haven't made it into the balance at the top of the page. Maybe it takes a while. The yield seems very good right now but I'm not used to slow daily payments. Oh, I also haven't seen the deductions for maintenance so maybe that is still part of the process.

Edit: It just took awhile, my balance updated. Looks like it is working as expected. Just painfully slow.