Quote from: rdyoung on September 08, 2014, 01:36:13 AM

Quote from: not.you on September 08, 2014, 01:29:21 AM

Quote from: ajw7989 on September 07, 2014, 11:53:47 PM

Many people are too pessimistic. Sure if this was a new company I would be a lot more worried. Sure GAW is not being transparent with zenpool but they have a great track record. A lot of the competitors are now following (look at BITMAIN) so it means this new idea is pretty good and is making profits for the hosting company. It does not mean this is a scam. ROI is a different story though

Bitmain makes their own asics and everyone knows it since they sell them. Gaw doesn't make their own asics. Kind of a big difference. But you are right, cloud mining seems to be gaining a lot of traction at the moment.

This might not be true for too much longer.

true bitmain makes their own asics but the point i am trying to say is the hashlet model is sustainable since bitmain is doing the same who we know is 100% legit. if they can follow suit it means its profitable for a company to do it so no reason why gaw would be scamming since they are making a profit from it. it also would not surprise me if gaw has a contract with either bitmain or another asic company since they launched the genesis sha hashlet and will allow prime hashlets to mine sha as well.