GAWMiners launches $16.95 Hashlet miner

GAWMiners has launched its Hashlet miner offering, which seeks to make mining simple and affordable for even the non-technically savvy. Included in the offering is the Hashlet Solo for beginners, which is priced as low as $16.95, depending on the type chosen. The stated estimated payback period is 2-4 months.

Geniuses at Work (GAW) is branding the launch based on the theme of simplicity: the new units will make Crypto Mining Crypto Mining Cryptocurrency mining is defined as the process through which the transactions of a digital currency are authenticated then published to blockchain. For every crypto transaction conducted, a crypto miner is in charge of authenticating the information which, if approved, is then updated in the blockchain. Currently, the most popular cryptocurrencies being mined are Bitcoin, Litecoin, Ethereum Classic, Monero, and DASH. How is Cryptocurrency Mined?The process of crypto mining itself involves the s Cryptocurrency mining is defined as the process through which the transactions of a digital currency are authenticated then published to blockchain. For every crypto transaction conducted, a crypto miner is in charge of authenticating the information which, if approved, is then updated in the blockchain. Currently, the most popular cryptocurrencies being mined are Bitcoin, Litecoin, Ethereum Classic, Monero, and DASH. How is Cryptocurrency Mined?The process of crypto mining itself involves the s Read this Term "as easy to use as email" and are "grandma approved".

The launch is one piece of the puzzle for what the company says is its grand plan to take "Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term mining to the mainstream consumer market." Clients log in to their ZenCloud interface, now available following their acquisition of ZenMiner. Leveraging their ownership of the high-profile domain BTC.com, "Project Prime" hopes to bring mining to the masses. Said GAW CEO Josh Garza:

"Hashlet owners can start mining bitcoins instantly with no technical knowledge. They activate their Hashlet via email and receive guaranteed payouts by logging into their ZenCloud account at any time."

The company says it sold "$1M units [sic] overnight" and that the Hashlet has become the most popular miner in the world.

The company has come under fire in Bitcoin-related forums such as reddit where commenters allege that in reality, GAW's offerings are unfair. They claim that the latest offering is not what it is made out to be, although not much evidence is supplied.