The HashStaker is Out！The World’s First Cloud Staking Wallet from GAW Miners！Highest Payouts of Any Miner！
We're gradually starting to understand what GAW is trying to do, which is to provide a stable crypto-currency with enough USD reserves (Paycoin) and aim for mass commercial adoption on their own digital platform (Paybase) that targets the average internet user, while also providing miners with an incentive to engage in mining by providing a more predictable means of earning mining income (The HashStaker and Paycoin).
Here's what The HashStaker is, in GAW's CEO's words, taken from their Nov. 28th, 2014 e-mail newsletter:
Today, we take an enormous step forward in mining, bigger than this company and its customers have ever made before. From this point forward, you can say goodbye to the days of slaving away to keep up with the “difficulty curve”, dealing with declining payouts, and paying for electric costs and maintenance fees that eat into your payouts.
Today, we introduce an entirely new class of currency generating device.
We call it the HashStaker - The World’s First Cloud Staking Wallet.
HashStaker is not a Hashlet. It’s an entirely new generation of currency generating devices; one that works with Prime Controllers and Proof of Stake. We’ve taken everything you love about mining, and created a product where you can more reliably judge its profitability over time.
Of course, this means exactly what you would expect: You will be able to generate next-generation PoS cryptocurrencies, like Paycoins, more reliably and profitably than ever before. However, here is the thing, HashStaker works on a completely new generation of currency technology, that no one else has, like PoS utilizing Prime Controllers.
HashStaker wallets payout new currency and use next-generation technology that makes them capable of things you could only dream of with a traditional mining rig. Features like:
- No-drops in payouts for their entire lifespan.
- Complete immunity to difficulty increases.
- Zero maintenance fees. Forever!
- The highest payouts of any miner, period.
- Customizable - only buy what you need.
- Guaranteed 99.99% uptime.
And the most exciting thing about HashStakers is their profitability!
We’ve only scratched the surface. You will soon be able to trade them, sell them, and amp them when Hashbase is released.
How do HashStakers Work?
A HashStaker is a cloud based “Super Wallet” that we host for you in your ZenCloud account,, and leave open so it can stake. Since they are installed on our servers, they will stake at a rate equal to all the Prime Controllers GAW is managing.
Here is the breakdown:
Since HashStakers are cloud based wallets, they require coins to start staking. The first HashStaker we built is for Paycoin, and we will add more in the future.
Paycoin HashStaker wallets require a Paycoin to be in the HashStaker wallet for it to stake, of course. Once you transfer your Paycoin to it, your HashStaker will start to stake, and be paid out each day with the normal daily payout times.
HashStaker’s wallets are customizable. You can choose the size (how many Paycoins they can hold), and the duration of time you want them for, which means you only need to pay for the time you want. We are starting with three and six month time frames, adding more intervals in the future.
How Does Ordering Work?
I know this is exciting and sounds all very new. But, don’t worry. Setting up a HashStaker is easy:
- Head to ZenCloud or GAW Miners to purchase your HashStaker Wallet.
- Decide the size of the HashStaker (amount of coins it can hold), and if you want it for a full or half Prime Round duration (three or six months). HashStakers cannot be merged or split, but you can buy them in any configuration and have as many as you want until they are sold out.
- Obtain Paycoin - Either through the second ICO round, or buying coins from Paybase (a single one or multiple, depending on your HashStaker size).
- Once Round One Stake rate is declared, staking period can start.
- Transfer Paycoins from your Paycoin Wallet to your HashStaker.
- Enjoy getting daily payouts that never decrease.
It’s that simple. Since each HashStaker is its own wallet, each HashStaker has its own wallet address. Once the first Prime Round starts, you will receive a HashStaker wallet address for your reserved HashStaker.
Transferring coins to your HashStaker activates it to start staking your coins with GAW’s Prime Controllers, and locks in your payout at that round’s rate for your entire HashStaker duration (three or six months). And, when it expires, the coins inside automatically transfer back to your ZenCloud account.
Remember, you can return your HashStaker for a full refund for up to 24 hours after round one stake rate is declared.
Disclaimer: The HashStaker Wallet price is relative to the stake rate. The higher the stake rate, the more valuable a HashStaker Wallet is.
Current Hashlet Owners
We haven’t forgotten about you. You will soon have the choice to upgrade to HashStakers. Next week, we announce the upgrade path for Primes, Zens, and other Hashlets.
We have to limit the time, obviously, because the number of HashStakers available is limited, which means we have to carefully control our HashStaker inventory.
But, all Hashlet Primes already have a HashStaker Wallet reserved.
Taking the Next Step Forward
From this day onward, cryptocurrency will never be the same.
HashStaker changes everything about mining. With features like being refundable, zero maintenance fees, locked in payouts, scarcity, no difficulty increases, guaranteed up-time with complete insurance coverage, and ROIs like never before. HashStakers are, without a doubt, the biggest leap forward in mining we’ve ever offered. Period.
In the future, people will look back at the history of mining and wonder why it wasn’t this way all along.