Is anyone currently mining with the L3's at Giga Watt? at today's valuation of LTC, what are estimated ROI's after maintenance, electricity, and hosting if you do not own tokens? I am considering a couple machines but trying to make sure I understand the current ROI structure (knowing full well that the numbers can and likely will fluctuate between now and September.) with todays values on BTC/LTC, what ROI are customers seeing per machine? (S9 or L3). What considerations are clients taking into account when considering deploying hardware at GW? major benefits I see are: 1. 24/7 maintenance by professionals 2. lower cost of operation / higher returns 3.  The idea of essentially hiring professionals to operate "my" equipment and then having BTC drip into my account monthly is quite appealing. I just need to make the business case to myself. With the facility being rather secretive, no address or phone number listed, payment only accepted via BTC, no refunds available (obviously) of tokens, how do we authenticate the legitimacy of it all? Please excuse my naivety. this is a new market to me and I don't mean to be rude in the least. 1 LTC miner 504 mh/s $26.29 $24.93 $1.36 93 days or 62 days 10 LTC miners 5040 mh/s $262.90 $250.72 $12.18 93 days or 62 days 100 LTC miners 50400 mh/s $2629.00 $2523.41 $105.59 93 days or 61.5 days Page 30-32 I posted this. This is already outdated as the LTC price increased to $46 now. Daily income for an L3+ miner is $44 -$2 hosting fee = $42 for current price. I know but I'm thinking the difficulty will correct and bring it back down, but if it stayed the same as when I did that its almoat as easy as divide ROI by two |
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So, since the pandaminers are unavailable I am considering compiling/ordering my own rigs. Are there any constrains to custom rigs? Size, power consumption, type of assembly, etc?
I participated in the wtt presale. When can i send my rigs? Is there a maximum?
Maximum would be the wattage of the rig/coins you own, since they're full up currently. You would need to contact their customer support though to really get a solid definitive answer. |
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IFLT is the best coin ever!  Does it help to stake more often if you recombine your coins by sending them to a single address? Or does the minimum hold time of 24 hours makes this less effective? Minimum hold time of 24 hours makes it less effective, hold it all in one spot and you'll be fine  |
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wallet downloaded and synced well using the bootstrap
the directions to using the bootstrap on the website didn't make sense.
once you download the bootstrap , open each file until you see 6 files (database, txleveldb, blk0001.dat, db, debug, peers.dat.)
keep these open
NOW
go to search files
type: %appdata%/esp
open your esp file and delete the same ones you see in the bootstrap file. (database, txleveldb, blk0001.dat, db, debug, peers.dat.)
once that is done. Grab the files from the bootstrap and move them into your ESP file and close. restart your wallet should be about 2 weeks behind or so.
now add coins
good luck
Basically take the bootstrap files and paste them over the current files in the esp wallet. Current wallet - sync from 0 Bootstrap wallet - sync from a little bit ago. "Maybe a Fed" lol. maybe doesn't need to be there, but people presume anyone federally employed (at least on here) is incapable of helping or out to arrest/infringe on their privacy. |
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For the ones with the long list of questions, I'm going to send you a pm with a support members skype name. Message him for a better answer |
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wallet downloaded and synced well using the bootstrap
the directions to using the bootstrap on the website didn't make sense.
once you download the bootstrap , open each file until you see 6 files (database, txleveldb, blk0001.dat, db, debug, peers.dat.)
keep these open
NOW
go to search files
type: %appdata%/esp
open your esp file and delete the same ones you see in the bootstrap file. (database, txleveldb, blk0001.dat, db, debug, peers.dat.)
once that is done. Grab the files from the bootstrap and move them into your ESP file and close. restart your wallet should be about 2 weeks behind or so.
now add coins
good luck
Basically take the bootstrap files and paste them over the current files in the esp wallet. Current wallet - sync from 0 Bootstrap wallet - sync from a little bit ago. |
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Can anyone share to me the email address for the customer support of poswallet? thanks
It's an in-site support system; you're better off joining slack and speaking with 89austn tbh |
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What happens if the cap of 30 million WTT tokens are sold?
They get distributed within a week of the ico sale date, and can be withdrawn/traded/exchanged/rented which market we can trade it?
Please answer this question plus I wanna ask another question. Is it possible to buy mining equipments (hardware) with our WTT tokens? Or WTT tokens are used only in energy consumption? You can't trade an ico coin until its released and an exchange adds it. No, only btc/ltc/eth/usd WTT tokens are only used in reducing your mining costs and for renting tokens to other miners. My bad @Mr.Bates, I meant if the 30 million coins are not sold by the end of the ICO? Will they be burned? I need to double check when I get home, but I think it says all unsold tokens do wind up getting burned (something along those lines) |
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Question :
The wallet mining section appears unclickable.
Am I doing something wrong or has the inbuilt wallet miner not been released yet?
Thanks in advanced!
Mining-out-of-the-wallet will be coming (soon). They are working on it. when you say Mining is that the same as staking? are there issues with staking ? Thanks It offers mining and staking |
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Is anyone currently mining with the L3's at Giga Watt? at today's valuation of LTC, what are estimated ROI's after maintenance, electricity, and hosting if you do not own tokens? I am considering a couple machines but trying to make sure I understand the current ROI structure (knowing full well that the numbers can and likely will fluctuate between now and September.) with todays values on BTC/LTC, what ROI are customers seeing per machine? (S9 or L3). What considerations are clients taking into account when considering deploying hardware at GW? major benefits I see are: 1. 24/7 maintenance by professionals 2. lower cost of operation / higher returns 3. The idea of essentially hiring professionals to operate "my" equipment and then having BTC drip into my account monthly is quite appealing. I just need to make the business case to myself. With the facility being rather secretive, no address or phone number listed, payment only accepted via BTC, no refunds available (obviously) of tokens, how do we authenticate the legitimacy of it all? Please excuse my naivety. this is a new market to me and I don't mean to be rude in the least. 1 LTC miner 504 mh/s $26.29 $24.93 $1.36 93 days or 62 days 10 LTC miners 5040 mh/s $262.90 $250.72 $12.18 93 days or 62 days 100 LTC miners 50400 mh/s $2629.00 $2523.41 $105.59 93 days or 61.5 days Page 30-32 I posted this. |
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to the price speculation questions;
people are speculating due to the crypto bubble we're currently in that 200-500 is possible, in part due to recent coins such as xvg, bitbean, myr, sec, cov, doge all doing their zero to hero pumps.
With this coin having an active community and adding unique features, let alone features that are almost instantaneously increasing a coins value (masternodes) overnight its easy to see why the speculative price puts it around 100 sat for a stable floor short term.
Hope that helps the traders asking why x)
(a lot of traders are scalping 1-2 sat currently; but 150m was taken and kept off of the sell book overnight at nova)
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I must pay you for a miners and buy tokens? It is complicated. When gigawatt token value rises, costs of minig rises too?
If the WTT token rises in value, it doesn't increase the cost of mining; it increases the cost to receive the cost savings. So you'd have to factor in cost benefit analysis stuff to decide if a WTT token worth $5 would be worth it or not (Open exchange potential price used) At what price BTC cost for purchase of tokens of Giga Watt is calculated?
For example: Today I want to buy Giga Watt tokens for the sum of 1 BTC. 1 BTC = $2667 is meant by I will receive 2667/1.05 = 2540 WTT tokens? If tomorrow 1 BTC costs $3150 and I will buy tomorrow I mean I will receive 3150/1.05 = 3000 WTT tokens? Explain how this happens?
The price is converted instantly, so yes if you buy today and btc price goes way up to $10,000 each you did lose out on a lot of potential tokens. However if the btc price drops to $150 tomorrow then you got way more tokens than you would get. Timing is everything. Guys,
I didn't find it, but will there be a possibility to use GPUs to mine on this facility?
Cheers,
GPU mining rigs can be set up there, they have a $40 set up charge if you use your own; or if you buy a pandaminer through them (it could eventually be directed to other mining sources) @redrockmining, no I figure I'd wait a little and just google earth it. Expensive plane ride, however there was a news article somewhere from the county they're located in. |
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19 sat getting bought up, may see 20 tonight at nova |
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What happens if the cap of 30 million WTT tokens are sold?
They get distributed within a week of the ico sale date, and can be withdrawn/traded/exchanged/rented which market we can trade it?
Please answer this question plus I wanna ask another question. Is it possible to buy mining equipments (hardware) with our WTT tokens? Or WTT tokens are used only in energy consumption? You can't trade an ico coin until its released and an exchange adds it. No, only btc/ltc/eth/usd WTT tokens are only used in reducing your mining costs and for renting tokens to other miners. |
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Some of these are very good questions & not covered by the white paper. Myself along with many other potential investors would much appreciate someone from their team to answer them if possible I have an invoice I am currently sitting on and quite willing to pay if these can be answered as best they can. It would be in their interest and also save copying this out many times to the many people very willing to ask these questions privately if not. Thanks I copy pasta'd all the above questions and sent it to their customer support; will update here when I get a reply, if it beats cryptonomos. //will ss the email reply and post here. |
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Maybe ethereum can activate segwit.
Eth has to get on litecoins level.
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SONM, Minereum, Encryptotel, Xtrabytes
MNE and XBY are on exchanges. |
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@Mrbates
Thank you for your effort to help. But I need official answer from Giga-watt. Can not base my investment on guesses, "I believe" or "I think" answers.
No problem, a lot of those I believe moments are actually stated within the whitepaper; or back through various other pages. I'm just in a low cell service area currently and can't actually cite the correct sources/pages or even think of downloading the whitepaper at this moment. In regards to question/answer 1 anyways; that would be noted within the whitepaper/within the first 10 or so of this thread. Also, with most of these questions; I'd recommend contacting giga-watts customer support directly; they're really fast on the reply time. |
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Im still waiting for my first staking rewards. I finally got the green arrow showing that I am staking and my weight, however it says it will be days before my estimated staking rewards, and the number of days keeps changing (ranging from 4days to 19days) yet I still have not seen the first rewards. Can someone clear up this question, (why do the days waiting for staking rewards go up and down without ever seeing a reward?) What factors change the waiting period, why arent rewards sent daily, and why do we not see rewards daily if the staking rewards are calculated and posted in a daily return time frame?
Depending on how many coins you have determines how quickly your staking weight will raise, until you've reached the point that the block is yours For example after my stake reward was earned it said 43,455 days until the next one; I have alot of coins so within a few hours it was saying 20 days and kept decreasing exponentially -> currently averaging 1-2 blocks per day. So in the case you have lets say 1 coin staking it will take a very long time to earn weight, but you will eventually find a block over the course of a long period of time. So, as an example, how many coins are in your wallet and how many times a day are you getting rewards? Inflation coin stakes exactly the amount it says it will. It works very well. I put 747k to stake on 6/13 on 6/19 i Recieved 89k and today i got 47k my total is 880k Just for those thinking of investing yes it works. I don't see why people would want to wait on buying after the 800% phase is over, when the staking right now is so good  *off-topic But yeah it stakes well enough right now that even paying 7 sat per coin would pay for itself faster than any miner's ROI - by selling the staked earnings for even 1 sat each. What will be interesting is what happens to the supply and price once the 800% phase is over. Do we know the date for the 1 year mark? I believe the dev said late nov/early dec |
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Esperscoin-the only coin in which the logo sign repels ... nonsense.
stop spamming lol. |
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