Quote from: suchmoon on August 24, 2014, 06:18:06 PM

Quote from: m0narch on August 24, 2014, 06:03:25 PM

Quote from: Junkbarman on August 24, 2014, 04:17:18 PM

Now THAT sounds like a ponzi scheme..

I don't think that it's a ponzi scheme. I believe they have the actual hardware and are actually mining coins. A ponzi scheme would suggest that they are simply taking new investment money and paying old customers with it. I'm almost positive that is not true based on what I've been reading, and in actual dealings with them. I think they are just literally running a large virtual operation where they don't attach specific hardware to specific people. I think they have a large pool of hashrate and are paying people based on hashrates paid for, not physical hardware that people own. It doesn't seem like a bad idea really, but we'll see. I've been drilling their forums with questions, trying to figure out more information. I do trust their company and have received products from them in the past and have had no issues with them at all. I don't really trust their prices or their ability to generate profit for customers which is why I keep asking and asking.

If they are mining there should be some evidence of the 200 GH/s Scrypt hashrate. Everything else can perhaps be attributed to "creative marketing" - depending on your threshold between "creative" and "misleading" - but the actual network activity has to exist somewhere.

Anyway, sorry for derailing the thread, I hope to see you guys in one of the hashlet threads as we need more proper discussion like above and less name calling out there

I think the hashrate is pretty easily explainable but yeah we shouldn't be hijacking this thread. I'll engage on your GAW conspiracy theory thread.

As far as Wafflepool goes, I think their hashrate is always pointed here so you won't catch evidence of anything going drastically up or down on here. It'll probably be hard to track unless every single person on zenpool switches to Wafflepool at once. That might catch them off guard and they won't have the existing hashrate to cover it. Then they'll probably have to switch a lot more hardware to point at this pool. I bet they monitor what users are doing and keep enough hashrate plus a buffer pointed at all pools to cover people changing around.