Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
Why not just answer the question?
I don't work for GAW, so I don't have any information on that question. Sorry.
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Or another one: How much actual hashpower does GAW have and what will they do with it now when many opted for cashtakers, freeing their "hashing"?
How much actual hashpower do they have? Considering they will not outright say, people have tried to make educated guesses based upon how many hashlets are believed to be out there. Josh did say that they have 100% hashpower to the amounts that the customers hold.
What are they going to do with it? The same thing they have been doing all along. Renting it out to other companies. I'd speculate that this is where a lot of these newer cloud mining outfits magically get all this hashing power, but the total network hashing power doesn't seem to be increasing that much. They rent hashing power at a discount then resell it as virtual miners for a higher competitive price.
So in your opinion GAW's business model involves renting out "hashing power" at below market value so that others could make money off it? How does that make sense? And why the CEO would be saying he'll sell those miners, are you suggesting he's lying?
https://hashtalk.org/topic/22436/so-how-many-hashstakers-are-left-after-this/54
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We also have way more hashing power then we need now. Stay tuned to one miner
(that's oneminer.com where they sell hardware)