Post
Topic
Board Service Discussion
Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
puwaha
on 11/12/2014, 01:56:01 UTC
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?

Because they make up the difference in maintenance fees from the hashlet owners.


Quote
And why the CEO would be saying he'll sell those miners, are you suggesting he's lying?  Shocked

https://hashtalk.org/topic/22436/so-how-many-hashstakers-are-left-after-this/54

Quote
We also have way more hashing power then we need now. Stay tuned to one miner

(that's oneminer.com where they sell hardware)

Yes, this is related to the Zenpool "negotiations", and moving the customers over to stakers.  They don't need as much hardware.  Mining POW just isn't that profitable right now.