Quote from: jimmothy on September 28, 2014, 11:26:52 AM

Quote from: EvilPanda on September 27, 2014, 02:18:30 PM

Quote from: jimmothy on September 27, 2014, 07:42:27 AM

If you don't mind ponzi schemes and bullshit/gimmicky marketing then hashlets might be right for you.

Could you please explain your point? I've seen this attitude towards cloud mining companies and understand when someone is suspicious or cautious, especially after Lunamine went belly up.
I've been dealing with GAW for about 6 months, from the time they were just starting to sell miners (in Spring).

Does Gawminer prove they are mining with actual hardware?

Is there a blockchain address I can verify gawminer has X amount of hashing power? Or even a pool address?

How do you explain BS like:

- Hashlets can never be unprofitable/never breaks down
- Hashlets can mine on multiple pools
- Scrypt+sha256 miner
- Changeable Algorithms

Everything about hashlets screams ponzi and on top of that it's not even a good deal (for the bitcoin miner at least). They want $0.9/gh when you could buy hardware for less than $0.5/gh.

I'm willing to bet this "super advanced hardware" is actually just a few servers running calculations on how much each user SHOULD be paid for mining and redistributes users payments accordingly. (like a ponzi)

- Hashlets can never be unprofitable/never breaks down
By never being unprofitable what they mean is that their hosting fee will ALWAYS be less than the miner makes in a day. Meaning that if the miner gets down to less than $0.08 a day, they will reduce their hosting fee. It never breaks down because most likely we are buying shares of hardware power that they maintain for us
- Hashlets can mine on multiple pools
Mining hardware can always switch pools.
- Scrypt+sha256 miner
Basically what they are doing with their hashlet primes is giving us the option to either use their scrypt miners or their sha256 miners, one at a time.
- Changeable Algorithms
This isn't available yet, but when it is it will be once again switching your share to a different hardware setup they have

As a NO BS post I'm currently 85.6% of Bitcoin ROI in just over 35 days and originally I was looking at about a 70 days ROI.. You can watch my ROI updates here: https://bitcointalk.org/index.php?topic=752824.0

If you want an added discount to the GAW hashlets or Genesis (on top of today's discount) see my signature.