Have a question, please  I am running on coinmine with SEVEN D3 miners for 2 monthes already, and I earn approx. 0.05 Dash per day. On another pool I earn 2 times(!) more with SIX D3s - approx. 0.1 Dash/day. Why is it so? |
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Have a question, please.
I am running on coinmine with SEVEN D3 miners for 2 monthes already, and I earn approx. 0.05 Dash per day.
On another pool I earn 2 times(!) more with SIX D3s - approx. 0.1 Dash/day.
Why is it so?
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If I am to be honest then I will not look at it from this side. I understand calculations. I think the price will rise strongly through speculation. it is a project where all the plans and assumptions were really implemented. GW team has done a lot of work. the token represents the real value. after adding it to a large exchange, people will "atack" him like lions atack antelope: P
99.9% of all coins at the coinmarketcap have no real value and somethimes have price above 200$ only becouse someone find some good news (somethimes fake news).
there is a very small number of tokens in circulation and very little circulation. Most miners will put their tokens on the GW account. and a very small number of token will be circulated. it will be very simple make price 10 times bigger in 15 minutes.
Every coin promises to fix particular problem: fast transactions, privacy, identification, mass adoption etc.etc. People who buy coins hope to find "next etherium". Gigawatt coin does not promise Next big thing. It promises very limited utility use only, though quite valuable. Thus I am not sure it will be attractive for non-miners. |
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Some of the successes in crypto have been in part because they were the first and sometimes only ones. Of course, the innovation in crypto is the best part.
I think, when the gigawatt tokens will enter on bigger exchange at march/april, the price will quickly grow to around 5-10 dollars Don't think so. Why will people pay $15 000 for just one miner deployment?? This is ridiculous. It is much better to pay the highest rate of 9 cents for the electricity& maintainance. I think most of the market is being driven by people who RENT OUT and profit from owning tokens not actually use themselves for miners.. That is the reason I also expect the price to go up-up-up. As long as the team does a good job ! Don't understand your point. With $1 price renting brings 30% profit - that is 30 cents a year. If WTT will cost $10 - it will still bring 30 cents, that is 3% a year. What will be the sence for people to buy WTT at such hight price ?? |
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Some of the successes in crypto have been in part because they were the first and sometimes only ones. Of course, the innovation in crypto is the best part.
I think, when the gigawatt tokens will enter on bigger exchange at march/april, the price will quickly grow to around 5-10 dollars Don't think so. Why will people pay $15 000 for just one miner deployment?? This is ridiculous. It is much better to pay the highest rate of 9 cents for the electricity& maintainance. |
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Obelisk strikes back  We prepared for something like this by adding an extra feature to the SC1. We can do a soft-fork that slightly changes the PoW algorithm which would invalidate the bitmain ASICs, but allow the SC1 units to continue working. |
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I don't think there will be 10000 pcs sold, but less... I you read further posts, you could see that i predicted exact figure - 10000  |
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What a strike to those people who bought Obelisks which will be shipping in summer!! Poor fellows  |
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They did not know exact hashrate before they really started to produce chips and test them, and put as little as possible, to be not overestimated. They wrote previously, if i remember correctly, that hashrate would be increased after they saw real numbers. |
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thanks for the answer. that the only one exchange where you can sell and buy real WTT tokens is EtherDelta?
Yes. In future GW may list on other exchanges as well, but i don't expect this in near months. |
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Btw I have question. On the coinmarketcap I see two exchanges available for giga watt tokens. EtherDelta and HitBTC. Why is so big difrent in price? on the first one 1.6$ and second one 3$
on both of them you can sell and buy WTT without a problem?
HitBTC sells only IOY tokens - futures. You can buy them now, but you will get them only after the last wtt batch will be released somewhere in March. |
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CNBS just recorder a video about GW town - Wenatchee Why one small Washington town has seen so many bitcoin miners move in ? - Low-cost electricity has brought dozens of bitcoin miners to the small town of Wenatchee, Washington. - Cool temperatures also help keep the necessary servers at the right temperature. A small town three hours east of Seattle is turning into the epicenter of bitcoin mining in the United States. Wenatchee, Washington is home to a dozen of the largest bitcoin and cryptocurrency miners in the country. And the head of the local power utility, Steve Wright, says another 75 have inquired about coming here since the price of bitcoin surged in December. https://www.cnbc.com/2018/01/11/wenatchee-washington-and-the-bitcoin-gold-rush.html |
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So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them
Where did you see 5 usd??  It was never more than 2.5 usd - at that was long time ago. usually It is always below $2. |
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I don't know about reliability of previous Innosilicon miners, but recent A5 was not of a high quailty. Some of them started to burn, before Inno fixed this issue with updated software.
Also Inno delayed A5 for 2 monthes, while BM delivered D3 on time.
I also want more competition, but not with 50% higher price.
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The wait time is so freaking long so it makes it pretty sick gamble. I do not envy those who bought bunch of obelisks in July 2017 and paid 1 BTC each lol.
do you mean that obelisks from batch 1 were selling in July 2017 ? |
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I really don't understand why is the fuss around A6 and where is the Novelty ??  Yes, it has 2.45 times more hash than Bitmain's L3+, while is 2 times bigger, AND 4 (FOUR) times more expensive !A6's ROI is 153 days currently, but for the same hash power of 1.23GHz , if you use (theoretically) 2.45 units of L3+ - you will get ROI = 99 days - which mean A6 is 50% less profitable than L3+ |
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You can use this site to calculate that: http://www.sialytics.com Make sure you add the batches you estimate will be sold. Very nice link, thanks! Though I did not find information there how do they calculate future difficulty. Any idea? |
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Yep...1 trick ponies....from what I heard that is the way they are doing such..each one only mines decred or siacoin specifically... 1 unit does only decred....the other unit only does siacoin....to mine both decred and siacoin you have to get 1 unit of each  Yes, thay clearly state this on the site. Miners can mine only one algo. Baikal, as it turns out, is able to mine both coins ? |
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Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? noncence. It has only unility usage, not speculation. You can see that even now when all alts are dropping, wtt price is stable - so this is not a pump&dump token  BTW there is a fresh info about new development in Pangborn : https://medium.com/gigawatt/pangborn-development-site-ii-99cbf6974bd7 |
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