Does a "Digital Cloud Miner (DCM)" fall under the definition? From what I can tell the product is marketed as miner rental, not a security. I have an "investment" in CoinTerra and BFL in that I own and operate their hardware, I don't see the wording here implying this is anything other than hardware rental (even if it might be rental of a rental).
Anywho, I must sleep, I'm off for a bit.
I'll leave this for when you wake up
http://www.gawminers.com/pages/terms-conditionshttps://zenminer.com/cloud/terms.htmlBonus points for spotting differences between the above and the older versions here, they tend to tweak them regularly:
https://bitcointalk.org/index.php?topic=720844.msg9401341#msg9401341To me it looks like they have been rewording the "virtual" parts of hashlet definition to make it look LESS like a security, but I might be wrong.