⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!

[rafzalan]

For Real, This looks promising !
But how can we trade these tokens ? Can we Purchase them using Credit cards ?
Also, Reserve me the arabic translation if you need it !

Token sale is over. You must wait till the token hits the exchange. Hopefully by year end but with all delays it might be Q1 or Q2 2018.

Or try etherdelta.

Are you sure, that delay could be 6 month? Why? I thought it shouldn't be so much. They said delay is a few working days.

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[chip1982]

For Real, This looks promising !
But how can we trade these tokens ? Can we Purchase them using Credit cards ?
Also, Reserve me the arabic translation if you need it !

Token sale is over. You must wait till the token hits the exchange. Hopefully by year end but with all delays it might be Q1 or Q2 2018.

Or try etherdelta.

Are you sure, that delay could be 6 month? Why? I thought it shouldn't be so much. They said delay is a few working days.

No, I'm not sure. But they said in slack that it might be year end for the token to get listed. And that was before the delay was announced.

[cuteman]

For Real, This looks promising !
But how can we trade these tokens ? Can we Purchase them using Credit cards ?
Also, Reserve me the arabic translation if you need it !

ICO is over log time ago, you can't purchase tokens any longer.

[cuteman]

Are you sure, that delay could be 6 month? Why? I thought it shouldn't be so much. They said delay is a few working days.

ICO's White paper says about earliest listing on exchange end of this year, but be ready for next year.

[LoCoin]

Tokens sold at EtherDelta are real tokens or are Iou tokens not real?

Thanks

[rafzalan]

Tokens sold at EtherDelta are real tokens or are Iou tokens not real?

Thanks

they are real

[Antnoob]

Finally, I became a "token owner"   ... Well, only 1 so far for the test, but it brings rental profit already   .

However, I'm afraid I was able to brake the system of smart contracts, bought the first one after depositing only it's exact price in Etherdelta, and I didn't received it ... guess due to the lack of gas for the transaction. But according to etherscan the transaction passed and the contract was completed   ... Can't find a way to get in touch with Etherdelta support to ask about it ... The second attempt with a little bit more funds staying in my Etherdelta wallet after the purchase went as charm ...

Any idea what are these fractions of the WTT token? Can we buy less than 1 ( and what is the point of having 0.1 for example) ?

Guess I can send now to Gigawat one of those USB miners that are obsolete for years already   ...

PS: can someone paste again the link explaining the IOU scheme (how shall we receive them afterwards) of hitbtc, I've seen it a lot of pages behind and I'm too lazy to search for it ? Thanks in advance !

[Triangulum]

Dave promised to send weekly updates. 1 week passed, but did anybody see that update?  

Yep.
I really don't like delays. And no news on top of it. Nothing on twitter, Insta, ... Nada.  

I just joined Giga Watt slack channel to try to learn more about the delay. I am going to copy and paste what was posted yesterday by davidellison for those who do not have access to Giga Watt slack channel. BTW, you must email Giga Watt support and ask for an invitation to be able to join their slack channel.


1.  The delays as you can see from the timeline have mainly come from the codes inspectors.  GW is pulling in enough power for a small town and so they are scrutinizing everything.

2.  The GW team has been working very hard to address their concerns even though they may be small or petty.
 
3.  The latest controversy is over the PSUs from Bitmain.  Their PSUs don't have any formal agency stamp of approval and as a result will not allow GW to use them.  The ironic part is that Megabigpower (Dave Carlson's preceding company) has been successfully using them for many months.

4.  So to address "PSU gate" (as it's being referred to), GW is going to use another power supply available to them to get the first mining rigs up and going.

5.  It appears that the first Pod (or two - not sure) have received approval to commence mining once the PSU issue is resolved.

6.  So, GW is looking to get the first mining rigs up and running by the middle of this week (Wednesday).  Thankfully the GW team is willing to substitute their PSUs (as many as they have available) to get things rolling.

7.  GW is working with Bitmain to return the uncertified PSUs for credit (over $1M credit) and then pursue finding an alternate PSU.  GW has experience with other PSUs and is well aware of which units are preferred from a reliability and efficiency standpoint.  The challenge now, I believe is to find these alternate PSU’s quickly and at a reasonable cost.

I’m probably leaving out some info but I believe I’ve covered the main points of what’s been communicated.

Also, don’t be surprised if my understanding isn’t 100% completely accurate.

Hope this helps….if you have any questions, I’ll attempt to answer as best I can.

8.  Oh yeah….the other challenge with using another PSU is the connectors.  Fortunately, GW has experience with making connectors to interface with the Bitmain miners.

[Mr Frog]

I just joined Giga Watt slack channel to try to learn more about the delay. I am going to copy and paste what was posted yesterday by davidellison for those who do not have access to Giga Watt slack channel. BTW, you must email Giga Watt support and ask for an invitation to be able to join their slack channel.

Thank You Triangulum. Also a new feature: https://giga-watt.com/promo/timeline an up to date daily schedule

[cuteman]

1.  The delays as you can see from the timeline have mainly come from the codes inspectors.  GW is pulling in enough power for a small town and so they are scrutinizing everything.

2.  The GW team has been working very hard to address their concerns even though they may be small or petty.
 
3.  The latest controversy is over the PSUs from Bitmain.  Their PSUs don't have any formal agency stamp of approval and as a result will not allow GW to use them.  The ironic part is that Megabigpower (Dave Carlson's preceding company) has been successfully using them for many months.

4.  So to address "PSU gate" (as it's being referred to), GW is going to use another power supply available to them to get the first mining rigs up and going.

Many thanks or sharing!    This is really strange that Bitmain PSUs which are used all over the world are not "approved" by these idiot inspectors.


p.s. Code Inspections, Inc., established in 1986, is a licensed and authorized third party inspection and plan review agency. The firm is fully qualified to review, inspect and enforce in the categories of Building, Plumbing, Mechanical, Electrical, Fire, Accessibility and Property Maintenance.

[cuteman]

So before investing in an ICO - check its #CryptoHygiene

Charlie Lee, inventor of Litecoin wrote today on twitter: 

" I want to make this clear. I don't support ICOs. I have not and will not invest in ICOs. Please don't ask me to be an advisor to your ICO. "

Most ICOs are scam.   One of the exceptions is Giga-watt 

[rafzalan]

So before investing in an ICO - check its #CryptoHygiene

Charlie Lee, inventor of Litecoin wrote today on twitter: 

" I want to make this clear. I don't support ICOs. I have not and will not invest in ICOs. Please don't ask me to be an advisor to your ICO. "

Most ICOs are scam.   One of the exceptions is Giga-watt 

That is by investor to select good project, there are a lot of resources that anyone could use for that.
Giga-watt is a well known company it was not a start-up so I select it for investment, very low risk + acceptable return.
But it wont be 20X 100X ...

[Jayjay04]

A currency payment selection option is necessary guys !

[cuteman]

A currency payment selection option is necessary guys !

I doubt this is possible, or better to say it's not necessary fo GW.  They place arriving miners on the basis first-come-first-served.  If S9 arrived without token allocation, you would be giving BTC for the renting out, if D3 arrives - Zcash.  

[Tony116]

What about token distribution delay? Is there some information?
I've recieved a mail about it in early September.
Price of WTT at etherdelta was dumped significantly today - people trying to fix their earnings. In this case the question of distribution has become more and more sharp.

[Mr Frog]

What about token distribution delay? Is there some information?
I've recieved a mail about it in early September.
Price of WTT at etherdelta was dumped significantly today - people trying to fix their earnings. In this case the question of distribution has become more and more sharp.

4 to 6 weeks delay for Batch3. Was suppose to be release September 1st. As for Batch4 I don't know.

[cuteman]

Price of WTT at etherdelta was dumped significantly today - people trying to fix their earnings. In this case the question of distribution has become more and more sharp.

Really. If you look into big volume sales you will see that real price is around 1.4 USD per token:

WTT/ETH   WTT   ETH
0.004799000   2476.000   11.882

anybody willing to sell?  

[chip1982]

Price of WTT at etherdelta was dumped significantly today - people trying to fix their earnings. In this case the question of distribution has become more and more sharp.

Really. If you look into big volume sales you will see that real price is around 1.4 USD per token:

WTT/ETH   WTT   ETH
0.004799000   2476.000   11.882

anybody willing to sell?  

With all traded prices around 0.0073 - 0.0075  WTT/ETH it almost looks like a typo,       

[cuteman]

With all traded prices around 0.0073 - 0.0075  WTT/ETH it almost looks like a typo,       

it's for small qties below 1k

[chip1982]

"While Giga Watt’s initial token sale has ended, there is still time to join the endeavor."

I wonder what that exactly means? You can read it her:

https://bitcoinmagazine.com/articles/giga-watts-role-crypto-mining/