Can rented tokens be traded on a exchange by the token owner?
Assuming that WTT becomes tradeable.
Yes
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I don't think the mining operation falls into any jurisdiction because, as a miner, you are paid in virtual coins that are not regulated by any international law for the time being.
Well that is not quite right. This may be applying to most countries even america, but there are a lot of countries that have cryptocurrencies defined and under restriction/regulation, as well as the creation and training, be it day trading or accepting it as a payment for a good. One example. Mining falls under creation of wealth (company tax 15%) If the coin you mine today raises in value until you exchange it, this gain has to be added on your creation of wealth. (15% regular tax) If you do it more than once, it falls under the intend of making money and you are again legally bound to open a company for this procedure. No chance to say I do it privately If you mine a coin today, and you sell it its 19% VAT you have to pay. If you payout a mined coin, its 15% company gain tax, 19% VAT and the future speculation "profit" you might have falls under 25% trading tax. This is just one country I am working in. (Pardon my no 100% right words) The regulation of crypto is a lot further than most people realize. We are way to focused on America with their struggle to regulate it.... Giga-watt operates in the u.s. the only taxation here is when you cash out crypto to fiat, 15% capital gains tax under 400k per year, 33% if above 400k. They don't know where you live, and wouldn't be reporting to your government. The only person who could report it to your government (s) would be you and in which case if you're operating in multiple countries claim all profit in the one with the least issues. *This is not an advocate to tax evasion.
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I sent support a message and apparently, they DID try to issue a refund. However, my wallet address had changed in between the time I sent the message and when they issued the refund. So, I guess now it's just bouncing around the bitbucket in the sky -- my fault. Sent support another message & I'm crossing my fingers they'll be able to do something about this. I dont believe they will be able to, generally most places expect you to read the t.o.s. Also thank you @bitmixer for giving everyone a convenient way to stay anonymous I almost thought you were thanking yourself And yes they definitely did help, theres a few alternatives now though.
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Current network stake rate is down a bit since posw delisted. 300m were staking at posw when the delist happened and then it essentially got burnt //less total supply.
And less inflation.
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So do CFI holders still use eth, or do they use their CFI?
(I'm guessing just eth but figured I'd make sure)
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you could always just email the GW support staff directly with your questions and share your findings here, of course. I had emailed them direct and found the responses to be very quick (same day) and helpful.
it's too hard for people
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I have two questions regarding renting out WTT tokens. Is there a virtual rental agreement where we can specify the duration of the agreement? As the token owner, can I terminate the rental agreement anytime if I wanted to utilize the rented tokens for my own miner?
I think it actually said in the whitepaper, that you as a token owner can cancel a loan at any time.
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Hi.Why are all the coins in same wallet.Doesnot it mean that its centralized or is it same when coin has no fame?Please tell me
Most are in the claim your btx wallet... It's centralized until claiming period ends, as said on the first page and then it gets distributed to holders.
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Alright... Essential and legitimate questions being avoided, both here and via email. As much as I wanted to believe in the project and invest, I'm gonna be just out of this one. GW team SHOULD be on that forum, and clarify points that need to be. Pretty bad move in the era of the 1000 ICOs, wish you all the best nevertheless Agreed a GW support member should be here to answer the questions. Actually they are pretty friendly and non stop on telegram channel. They talk about anything related. We have people unable to read the whitepaper, telegram seems a stretch
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Alright... Essential and legitimate questions being avoided, both here and via email. As much as I wanted to believe in the project and invest, I'm gonna be just out of this one. GW team SHOULD be on that forum, and clarify points that need to be. Pretty bad move in the era of the 1000 ICOs, wish you all the best nevertheless Agreed a GW support member should be here to answer the questions.
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Thanks, Zed. Just read that thread a few minutes ago. People seem to be not too happy with the company. Their website advertises the 5th batch Of PandaMiner B3 Plus Pre-sales (1000 Units). Shipping starts on 07/17/17. Are people in this still going to buy the PandaMiner from them? I want to order a couple but really am hesitant after reading that thread. I wanted them but yeah opted to avoid them because of their thread, they sold out extremely fast when giga-watt offered them though
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Is there anyone from Giga-watt on this thread to give answers with respect to hosting your own equipment? Any details on the requirements of hosting your equipment?
Here, let me read the: for you. Perhaps you might find the following paragraph on page 8 of the: of interest. It says, "Clients who have their own mining equipment can host it at Giga Watt at the same hosting prices, with the only difference of paying the following setup fees: USD 20 per ASIC-based miner, USD 40 per GPU-based miner 11. You're welcome. Thats how I feel sometimes, the same questions will reappear in a page though.
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This question may have been asked before but I can't find it.
Let's say I am a WTT token holder with 1,000 tokens.
I plan to purchase the Bitmain 800W Antminer L3+ from Gigawatt.
How much in USD do I have to pay for the daily hosting charges (electricity, maintenance, facility rental) based on the power consumption of the rated 800W miner? The S9 obviously would be more expensive.
I understand this daily hosting charges will be deducted from my Litecoin daily mining output.
I don't have a calculator on hand currently but 3.3c per kw per hour, so at the most 80ish cents per day.
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With cv2 being one of the few remaining coins on posw, I expect that will most likely increase its price, especially when the MN comes
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I split my coins about 3hours before the snapshot then I realized about 15 minutes before the snapshot that I got outside of the top 1000, so I split again but I did not see myself in the richlist for at least 2 hours (and still I got into the giveaway ). I'm curious which richlist the find follows, because the one I'm watching, lags behind quite a lot.
I assumed it was the crypto one, because I had 18 addresses with 15 btx on them (they showed up as valid as of 11 pm last night). Got tired and left 88 on the primary one, however I got skipped entirely (the 15 btx addresses I know got outbid, I can't particularly say why the 88 got skipped though. Definitely curious though so I can be ahead of the game next time lol.
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New crypto backed by gold ICO started one month ago and from yesterday they sold almost 20% of their tokens... Site: https://onegram.org/From the start they have 1g backed by gold tokens... Just a reminder that time it is not necessary on Xaurum side if you do not realize the potential when you should... Xaurum is much much different than onegram. Onegram is 1:1 per token, but won't really ever go up = Tether. Xaurum is priced hire than its gold backing, because it can go up in price due to mintings at some point making xaur have an equal gold backing to onegram, and eventually higher. You're investing in the minting/backing process here and that they will continue to be profitable for years to come //Safety net modified tether//
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Is there anyone from Giga-watt on this thread to give answers with respect to hosting your own equipment? Any details on the requirements of hosting your equipment?
You need to contact their customer support, but they're currently full and can't host your own equipment prior to those who have bought WTT (Gives you quicker hosting access) after all WTT holders get their space, then its $20 for asics, $40 for gpu miners for a set up fee.
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I have alwais weight, but there are stacks that havent staked at all and some stacks havent staked a while, If i transfered majority my coins to wallet, then stakes come fast, and after they come they split, and then after new stake they split again and again. So there are stakes what get stakes and some that sit on 200k or 500k stack and dont get stakes. I know somewhat how it works, but there is alot randomity in there so cant make sure calcualtions.
Ok wait, you have it all in the same wallet right? And not split amongst multiple wallets? That's a little easier on the explaining side, So if you have 100m for example you should get approximately 2.2m per day; it'll come in alot of random sized blocks because there isn't a ton of huge transaction blocks. Those small blocks/stakes, dont stake separately from your normal coins. They do take 1 day before they're counted but at that point it would be helping you gain additional weight at a heightened speed giving you the compounded interested effect over time. However you won't see a stake you've earned (160k for example) earning the 2.25% separately (3.2k stake per day) you would essentially have that 3.2k stake earnings accumulate and give you another block to over time equal your missed micro-earnings. (Not sure if that makes a ton of sense but yeah //side note please someone send a ton of coins, I currently have like 5% of the networks stake rate and I can't kill it because normal block sizes aren't enough to take it down)
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why I can't order L3+ on the website ,
Out of stock I'm guessing, I think they're limited to 100 miners per posting. They go fast af too.
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I am actually bored to wait for something so long, but how else do I have to be patient for this distribution. 3 months it is a long enough time for distribution. Good luck EXCUDO I hope that we wait do not disappoint
You say this, yet you're going to wear that signature for the next 3 months.
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