Post
Topic
Board Service Discussion (Altcoins)
Re: GAWMiner Hashlet Discussion Thread
by
murraypaul
on 05/09/2014, 09:51:23 UTC
Multihaslet, maybe brown, i guess!!!!!
you cannot change the pool of a Hashlet Solo, it sticks with the pool you bought it for, in your case Multipool Wafflepool (is the brown one)
What happens if the operator of Wafflepool shuts down the site?  I didn't really understand the price increase just for the ability to switch pools or stay on one pool.
Did GAW make deals with the pool operators?  Like Clevermining and Wafflepool?  It hasn't made sense to mine SCRYPT on Wafflepool in a long time, or am I missing something?

Several pool operators have confirmed that they have had no contact with GAW whatsoever, and have not seen any rise in hashrate commensurate with GAW's claimed power.
There is no evidence that the Hashlets exist in any form, or are actually mining on any pool, or any coin.
What you are buying is a contract which will pay you the equivalent rate that you would have earned if you were hashing on Wafflepool, minus maintenance fees. They may or may not actually be mining.
As the expected overall return from that contract is negative, GAW could simply take your initial money, then slowly return it to you, and still make a profit, with no actual mining required.