Here's how I see it. They sold more than they intended to and people kept asking for more, so they needed more supply to satisfy the demand and probably decided that 'if they want it so much let's make them pay more'. That's how I'd do it because this is the way market works.
I think hashlet was a software from the beginning, but the choice of words in early advertising was questionable and was changed later on.
I'm not wondering why the discussion takes place but rather why you keep buying from them if you say it's a scam. I'm a simple guy and if something stinks I don't touch it.
I don't keep buying. I never said it's a scam. I bought a bitcoin's worth of first batch hashlets for a stats project I'm running. At $16 and given the initial assurances it was a moderate risk investment. With the recent changes it is a much different proposition. I wouldn't touch it now and I think the questions being raised here is a service to the community. Even if the only result is going to be GAW changing their marketing blurb, it's still a good result.
I'm glad you agree that it was misrepresented initially.
I knew from the start they were just selling shares like CEX, PB and others.They innitially called hashlets "miners", like you were buying a single chip of a big machine and could pick the amount of chips (miners) you want to own. They are experimenting with the market and trying to make up new names and promotions. Maybe you saw their ice bucket challenge or other funny stuff. Theres a sick guy there who got a golf cart donated by the hashtalk comunity. Maybe I'm just a positive guy but I like this approach. They are not stiff and this industry needs something different.
From what start? When I discovered them were selling physical hardware, I have several furies running right now, the whole zencloud/hashlet thing started in late august. This is why its hard to figure out exactly whats going on. The hashlets are probably backed by the vaultbreakers assuming they are real.
I first heard of them maybe a week before they launched hashlets. I was looking for someone to buy an S3 from.
Without knowing any background, how could you have "known"

?
I still believe that the at the very least, the hashlets in the wild now are backed by hardware, the vaultbreakers are/were 750mhs a piece and while its hard to tell size in a photoshop mockup, it appears to fit in a u2 or u3 rack.
A member of hashtalk created this site
https://xively.com/feeds/1229182496If that # is representative of hardware, 482 vaultbreakers @ 750 each is all thats needed for the current poolsize.
Again, I do believe the hardware is real, what I have issue with is how josh lacks to explain anything in any more detail than, we make you lots more muny than the udders doo. As I have had time to process all of this I am beginning to lean towards the idea that josh and his board, etc are just out of their depths. They saw a market they could dominate by tossing millions at without educating themselves on the fundamentals, nor how to actually interact with and explain your offering to those customers who are smarter than your average bear.