Beware of new scam giga watt miner hosting

[revolution82]

beware of these giga watt hosting!
https://blog.bitmain.com/en/gigawatt-infringement-announcement/

[1715060769]

1715060769

[cpfreeplz]

Do you have any proof that they're a scam? I mean yeah it's sketchy but I mean aside from the obvious, most "miner hosts" are scam attempts. Did you deal with them directly or did you see proof somewhere?

[ultrloa]

Do you have any proof that they're a scam? I mean yeah it's sketchy but I mean aside from the obvious, most "miner hosts" are scam attempts. Did you deal with them directly or did you see proof somewhere?

Maybe OP has just warned us to stay away for this site so that people will not be scam by them. And im little bit vigilant on any mining investment since many of them already scam people outhere and they accumulate more than we expect so we better be carefull and make this a warning on investing at any of them.

[TheGodFather]

beware of these giga watt hosting!
https://blog.bitmain.com/en/gigawatt-infringement-announcement/

thank you for giving us a warning but do you have any proofs? we need to verify it first before judging , what if they have a legitimate site , you will be punished by saying that we should be beware abd they are scam. You must be carefull in all the things that you are saying to your co-bitcoiners, because any wrong action has a punishment, just a friendly advice only.

[MinMan]

All so called mining hosting turns up to be a scam today or tomorrow. Still there will be people looking for a quick rich dream and investing. Would have been wise if you can throw some light on why you call giga watt a scam so that we can also take a note of it ?

[carlfebz2]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

[Qunenin]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

There were a few out there, based on the fact that they realized that mining with the hardware they had was not profitable, so they tried to increase revenue by renting the use of the hardware.  Even those do not last long because they cannot keep long term clients. I haven't heard of any minning site which paid in the long term.

[carlfebz2]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

There were a few out there, based on the fact that they realized that mining with the hardware they had was not profitable, so they tried to increase revenue by renting the use of the hardware.  Even those do not last long because they cannot keep long term clients. I haven't heard of any minning site which paid in the long term.

Yes, I have known some people who do offer such kind of service but most of them do fail and as you said they cant sustain for longer basis which mining difficulty increase at the same time the cost of maintenance on running those miners.We do know as the time goes by miners gets out dated which means it wont really profitable already.

[BitcoinsGreat]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

There were a few out there, based on the fact that they realized that mining with the hardware they had was not profitable, so they tried to increase revenue by renting the use of the hardware.  Even those do not last long because they cannot keep long term clients. I haven't heard of any minning site which paid in the long term.

Yes, I have known some people who do offer such kind of service but most of them do fail and as you said they cant sustain for longer basis which mining difficulty increase at the same time the cost of maintenance on running those miners.We do know as the time goes by miners gets out dated which means it wont really profitable already.

For the most part, any easy to mine coin is in the potential stage.  Once that potential begins to manifest is when the minig diff will shoot up and quick most of the time.

[taxmanmt5]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

There were a few out there, based on the fact that they realized that mining with the hardware they had was not profitable, so they tried to increase revenue by renting the use of the hardware.  Even those do not last long because they cannot keep long term clients. I haven't heard of any minning site which paid in the long term.

Yes, I have known some people who do offer such kind of service but most of them do fail and as you said they cant sustain for longer basis which mining difficulty increase at the same time the cost of maintenance on running those miners.We do know as the time goes by miners gets out dated which means it wont really profitable already.

There are a couple groups of people sitting out there watching the Crypto alt coin markets and forums.  One of those groups is comprised of mining pool operators.  Rather than directly mine the coins themselves, or in addition to, they operate a mining pool server and when a coin is about to take off or might, they add it to the pool and advertise the fact in the announcements for the coin.

[jennywhzz]

This does help the coin dev and the coin, but for the most part, if a person has the knowledge to compile coins, run a server and run a pool, gives a person an easy percentage of potentially successful coins and with little mining on their part. 

[carlfebz2]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

There were a few out there, based on the fact that they realized that mining with the hardware they had was not profitable, so they tried to increase revenue by renting the use of the hardware.  Even those do not last long because they cannot keep long term clients. I haven't heard of any minning site which paid in the long term.

Yes, I have known some people who do offer such kind of service but most of them do fail and as you said they cant sustain for longer basis which mining difficulty increase at the same time the cost of maintenance on running those miners.We do know as the time goes by miners gets out dated which means it wont really profitable already.

For the most part, any easy to mine coin is in the potential stage.  Once that potential begins to manifest is when the minig diff will shoot up and quick most of the time.

Well this is just he basic part when it comes to a newly launched crypto or coin. yes its really easy to mine a coin on its earliest days and as if people will mine it day by day difficulty does really increase.

[jennywhzz]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

There were a few out there, based on the fact that they realized that mining with the hardware they had was not profitable, so they tried to increase revenue by renting the use of the hardware.  Even those do not last long because they cannot keep long term clients. I haven't heard of any minning site which paid in the long term.

Yes, I have known some people who do offer such kind of service but most of them do fail and as you said they cant sustain for longer basis which mining difficulty increase at the same time the cost of maintenance on running those miners.We do know as the time goes by miners gets out dated which means it wont really profitable already.

For the most part, any easy to mine coin is in the potential stage.  Once that potential begins to manifest is when the minig diff will shoot up and quick most of the time.

Well this is just he basic part when it comes to a newly launched crypto or coin. yes its really easy to mine a coin on its earliest days and as if people will mine it day by day difficulty does really increase.

The best part of running the pool is that the coins roll in on the popular ones and not as much on the duds, a perfect system. Personally, to find coins that can be mined and show a profit, I hit new coins and watch a few of the coin info sites, parsing the data by date and age, adding algo and choose from there.

[arwin100]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

There were a few out there, based on the fact that they realized that mining with the hardware they had was not profitable, so they tried to increase revenue by renting the use of the hardware.  Even those do not last long because they cannot keep long term clients. I haven't heard of any minning site which paid in the long term.

Yes, I have known some people who do offer such kind of service but most of them do fail and as you said they cant sustain for longer basis which mining difficulty increase at the same time the cost of maintenance on running those miners.We do know as the time goes by miners gets out dated which means it wont really profitable already.

For the most part, any easy to mine coin is in the potential stage.  Once that potential begins to manifest is when the minig diff will shoot up and quick most of the time.

Well this is just he basic part when it comes to a newly launched crypto or coin. yes its really easy to mine a coin on its earliest days and as if people will mine it day by day difficulty does really increase.

Unless you are living on country wich generation cost is less well surely you don't need to get worried on mining difficulty, And even we have high cost of electricity here my friend still run his own mining rigs and perfectly he earns 5$ a day per GPU and that is not bad amount to earn in a day.

[crazyivan]

I fully agree with the previous comment. Opt for running your own rig and forget about Bitmain and Gigawatt.

None of these companies enables you to select which coin u d like to mine.

[carlfebz2]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

There were a few out there, based on the fact that they realized that mining with the hardware they had was not profitable, so they tried to increase revenue by renting the use of the hardware.  Even those do not last long because they cannot keep long term clients. I haven't heard of any minning site which paid in the long term.

Yes, I have known some people who do offer such kind of service but most of them do fail and as you said they cant sustain for longer basis which mining difficulty increase at the same time the cost of maintenance on running those miners.We do know as the time goes by miners gets out dated which means it wont really profitable already.

For the most part, any easy to mine coin is in the potential stage.  Once that potential begins to manifest is when the minig diff will shoot up and quick most of the time.

Well this is just he basic part when it comes to a newly launched crypto or coin. yes its really easy to mine a coin on its earliest days and as if people will mine it day by day difficulty does really increase.

Unless you are living on country wich generation cost is less well surely you don't need to get worried on mining difficulty, And even we have high cost of electricity here my friend still run his own mining rigs and perfectly he earns 5$ a day per GPU and that is not bad amount to earn in a day.

$5 in a day with gpu mining might not be enough or just a dust amount for some but for those people who do live on developing countries would see this amount would be enough already to sustain living.GPU mining would really be decent if you do know what coins you would mine and also having a knowledge on technical and programming skills would really be a plus.

[posternat]

The other watchful group are the miners.  They are literally waiting and watching for different new coins and mining them the moment they are out there.  Some of these simply belong to multiple pools and watch those, others watch the forums and still others watch sites like github.

[Sweetbtc]

The other watchful group are the miners.  They are literally waiting and watching for different new coins and mining them the moment they are out there.  Some of these simply belong to multiple pools and watch those, others watch the forums and still others watch sites like github.

You can watch a few basic github repositories and when one of those is cloned, there is a good chance a coin will follow.

[Andrew1337]

beware of these giga watt hosting!
https://blog.bitmain.com/en/gigawatt-infringement-announcement/

You need first time to provide to all a proof . I have already emailed with a support from giggawatt and i have reserved 11 pre order rigs . Hmmm your words makes me to be a little afraid .... , i dont know if they are really really scamm . I think they are a legit company with the cheapest power electricity in the world . Also the support told me that he can deliver anytime to worldwide the components of our rigs anytme.we just need to pay a fee for uninstallin the rig

[ultrloa]

Thanks for the reminders and as I have read on the name of the site it shows bitmain which we do know a reputable company do offer or sell miners either asics or on altcoin but I would really say that this blog has no connections on it. Giga watt miner? Anything on cloud isn't the thing who do I trust.Ive done on cloud mining on whatsoever on this field.

There were a few out there, based on the fact that they realized that mining with the hardware they had was not profitable, so they tried to increase revenue by renting the use of the hardware.  Even those do not last long because they cannot keep long term clients. I haven't heard of any minning site which paid in the long term.

Yes, I have known some people who do offer such kind of service but most of them do fail and as you said they cant sustain for longer basis which mining difficulty increase at the same time the cost of maintenance on running those miners.We do know as the time goes by miners gets out dated which means it wont really profitable already.

For the most part, any easy to mine coin is in the potential stage.  Once that potential begins to manifest is when the minig diff will shoot up and quick most of the time.

Well this is just he basic part when it comes to a newly launched crypto or coin. yes its really easy to mine a coin on its earliest days and as if people will mine it day by day difficulty does really increase.

Unless you are living on country wich generation cost is less well surely you don't need to get worried on mining difficulty, And even we have high cost of electricity here my friend still run his own mining rigs and perfectly he earns 5$ a day per GPU and that is not bad amount to earn in a day.

$5 in a day with gpu mining might not be enough or just a dust amount for some but for those people who do live on developing countries would see this amount would be enough already to sustain living.GPU mining would really be decent if you do know what coins you would mine and also having a knowledge on technical and programming skills would really be a plus.

Although it's not enough for thus guys who want instant big profits to their wallet but I think its still reasonable unlike those other who offers those to good to be true profits, And I would rather spend on my own rigs rather than be fooled for those cloudmining wanna be. But if you doesn't have any skill on technical skills as you said you can actually hired some guys who can do it for you so that you can set up your rigs excellently.