In the past, Giga Watt operated under the brand name MegaBigPower, which was founded by Dave Carlson in 2012. Open sources contain plenty of information about Dave and his company. Same experienced team came out with a new project Giga Watt with new improved technology, to provide turnkey mining services or custom packages tailored to your needs: full range of mining services from equipment sales, maintenance and repair to private blockchain servicing.

Our building technology allows to build fast and efficient, building few pods at a time, check it out here.
But if you'd like to use current power, which are already built, you could potentially do that through presale. It is important to take care of purchasing tokens at earlier stages in order to gain facility access as soon as possible.

Giga Watt is planning to build up to 34.5mW. On the website you can see how many extra tokens and space are reserved for team members, but all of them will receive their tokens at the end, after everyone else.

In terms of exact dates, we will announce our construction timeline a little later, make sure to keep up with updates

How did you peform such calculations? Could you please specify?

You don't actually own electricity from our factory since we are not selling electricity (we are not utility), the subject to sell here is token. We "tokenize" the facilities.

In regards to space in mining facility. You cannot allocate the miner in the middle of desert, plug it into the wall (which there is none in desert) and start mining. You would need to build a farm first - the building itself, conduct electricity from power station (which often includes building an entire substation), conduct Internet, plan and construct ventilation system, air filters, air humidification and many other things which will require a ot of time, knowledge and capital. Token gives you the right to access space in such facility.

Yes.

Hello,
whichever ones are currently allowing customers to reserve power in them

Yes.Each Giga Watt Token (WTT) represents the right to use the Giga Watt processing center's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Token owners can use this capacity to accommodate their own miners or to rent it out to other users. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold.

Number of tokens required to accommodate one miner depends on its power consumption.

For example:
PandaMiner B3 Plus 1,250 W = 1,250 tokens

Tokens give a discount on electricity. You get access to very cheap electricity at a rate of 2.8 centes per kWh.
Such rates are almost unreachable at home
Here is a comparison of the figures for mining, you can be sure that our tokenholders will have better conditions:
https://giga-watt.com/promo/compare
You gain access to professional mining – with an extraordinarily low entrance threshold and ongoing costs.

You can use this discount for yourself. And you can rent out your tokens to those who need such a discount.
Further access to the facilities without the tokens is possible only if the tokenholders will rent them out to you.
Therefore, if you want them to be able to put miners, you need tokens.

We "tokensize" the facilities. It's not only a spot. This is all that is before the outlet. Wires, access to electricity, walls etc.
Make sure that we are not in the desert and that we really have access to electricity is very easy
View photos of objects https://www.instagram.com/gigawatt_mining/
Or make an appointment for open days and see everything with your own eyes https://cryptonomos.com/wtt/#openHouse

Sorry, there is no link for now.
Please, leave your email here: https://cryptonomos.com/wtt/#/
We will send an announcement to the mail.
Also the announcment will be here.

Thank you!

Thank you!

Thank you!

Tokens are issued after sales - not purchased will not be released.

The bounty program will be announced soon! We will keep you updated.

Hello,
Thank you for your questions.



Rental fee changes depending on who you will rent out your tokens to. Otherwise the rental fee will not change.
From 170 tokens you will receive from 62.55$ to 96.05$ annually depending on what rental fee you will choose.


Tokens themselves don't actualy mine for you, instead they will allow you to generate rental income.
 
Giga Watt mines all scalable cryptocurrencies: BTC, LTC, ETH/MONERO/ZCASH/DASH. The decision of what currency to mine is made by the customers who own the mining equipment. But at this stage it is technically impossible to offer all of these options to retail customers. We are working on the solution, and hope that in the future this option will be offered. At this point retail customers can mine only BTC, ETH, and LTC.

All the miners would be able to generate good income, even Bitcoin


You are buying WTT token. WTT token is an Ethereum token representing the right to use the Giga Watt's facility's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold. In fact, it could be compared to membership in an elite private mining club.

For every 100 tokens sold in this Token Launch 15 additional tokens will be issued and retained for the team, partners and advisors: 10 tokens to be distributed to team members, and 5 to be retained for distribution to partners and advisors at issuer’s discretion. Consequently, for every 100 tokens sold, 115 Watts of facility's capacity is put into operation. Giga Watt also makes money on maintenance and emergency repairs.

Thank you very much!

Don't worry, if you do not get a chance to become part of pre-sale on May 19th, you can always participate in the ICO just 2 weeks later

WTT Token Offering:
START June 2, 2017 at 12:00 PM PDT
END July 31, 2017 12:00 PM PDT

Owning 1 WTT token gives you permanent access to 1 watt of power of Giga Watt facilities. WTT tokens offer you the opportunity to build your own flexible business: In the next 50 years you will be free to choose what works best for you – to mine cryptocurrencies personally or to rent out your tokens and receive steady income. Here are advantages you will get from buying tokens:

-Owning the world's first token supported by production capacity;
-Tokens offer access to the facilities of one of the largest crypto mining service providers in USA.
-WTT tokens can be used from the very first date of issue.
-Facility has a 50-year lifecycle (compared to 2.5 years for miners, due to constant increase in mining difficulty)
-Opportunity to receive income from renting tokens out to others rather than engage in mining personally.

1. Dave Carlson also has an account here. His account is VIP Sr. Member status. I am a newbie, indeed - I have not been in blockchain for so long yet, but I am in charge of forum and telegram channel. We could, of course, post from Dave's account, but that means we would need to distract him from building facilities and all other updates; we don't want to let future tokenholders down on the ICO dates.


Tokens themselves do not have hash power. We got 2 products:

• Tokens - each Giga Watt Token (WTT) represents the right to use the Giga Watt processing center's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Token owners can use this capacity to accommodate their own miners or to rent it out to other users. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold.
• Mining - Giga Watt facilities where you can accomodate your miners, or buy miners right from us. More information can be found here: https://giga-watt.com/promo/plans

it was 2 pizzas for 5,000 BTC each  


Sorry, what did you mean by that?