Bitcoin Mining Company GAWMiners Sold More than $1 Million Worth of Hashlets in 24 Hours
Hashlet Solo Family. GAWMiners introduced Hashlet cloud mining just a few short weeks ago and quickly sold a huge number of them in a short time. GAWMiners quickly followed up with the Hashlet Solos, which are mining pool specific. GAWMiners went on to sell more than $1 million in Hashlet Solos in 24 hrs. Now, they are following it up again with the Hashlet Genesis SHA-256 miners. Josh Garza, CEO of GAWMiners, was straight forward when I asked him about the Hashlet Genesis. We launched Hashlet with a clear goal: Tip, the scale back in favor of individual miners by making economies of scale....
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This piece has been updated following the official announcement of the sale by Domain Guardians. The final sale price was $1m rather than $1.1m as originally stated by GAWMiners CEO Josh Garza. The domain name BTC.com has been sold to bitcoin mining equipment specialist GAWMiners. It had been on the market for less than a month before GAWMiners chief executive Josh Garza secured the $1m deal. GAWMiners is a relatively large mining hardware vendor. The Connecticut-based firm sells a wide range of SHA-256 and scrypt ASICs, including hardware from Bitmain, Gridseed, Innosilicon, Rock Miner,....
Earlier, “Hashlet frenzy” occurred at the launch of GAWMiner’s Hashlet. A portion of the Shopify network went down from the massive surge in sales. GAWMiner now sells more in Bitcoin sales per day than Overstock does, much thanks to the Hashlet. GAWMiner’s CEO, Josh Garza, has previously made headlines with his purchase of BTC.com. He has also donated 100 mh/s of his own Hashlets to CryptoCause.org to help it become a self-sustaining fundraiser organization. This move is after Josh and GAWMiners offered special discounts and deals through CryptoCause.org to help raise funds and match....
GAWMiners Introduces Hashlet, Josh Garza On Hashlet And The Future of Mining. GAWMiners has crashed Shopify! Over the last year, GAWMiners has led the way on many new products and built itself into one of the top ASIC miner selling vendors worldwide. Josh Garza, the owner of GAWMiners, has been very vocal in his support of Bitcoin and all cryptocurrencies, and he has put his money where his mouth is. His recent purchase of btc.com for $1 million proved that in a big way. Since Hashlet's launch at 2PM, Shopify's network has been down for unknown reasons. Many speculate that the demand at....
Josh Garza of GAWMiners. An Entrepreneur Building the Next Bitcoin Empire. The Bitcoin and Cryptocurrency world has spurred a world of innovation and entrepreneurship in a short time span. It has made companies from scratch such as 112bit and Minersource; at the same time, it has also brought in entrepreneurs from the business world: like Josh Garza of GAWMiners. Josh comes from the telecommunications world and has started many other successful companies, such as a nationwide broadband company. The things that make GAWMiners different are where they come from and their approach to sales....
This article has been updated with comment from Josh Garza's lawyer, Marjorie Peerce. The US Securities and Exchange Commission has charged former GAW Miners CEO Josh Garza with the fraudulent sale of unlicensed securities and the operation of a Ponzi scheme. The complaint, filed today in the US District Court for the District of Connecticut, focuses largely on the sale of Hashlets, the "virtual miners" sold by GAW Miners through its cloud mining site, ZenCloud. The SEC said that Garza and GAW earned roughly $19 million in revenue from the scheme, which evolved from hardware hosting to....