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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 159919 times)
Mr Frog
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September 11, 2017, 07:16:03 PM
 #1381

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

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cuteman
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September 12, 2017, 07:56:27 AM
 #1382

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
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September 12, 2017, 08:04:40 AM
 #1383

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  Cheesy
rafzalan
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September 12, 2017, 09:00:24 AM
 #1384

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  Cheesy
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 ...

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Jayjay04
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September 12, 2017, 05:56:02 PM
 #1385

A currency payment selection option is necessary guys !

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cuteman
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September 12, 2017, 06:02:39 PM
 #1386

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
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September 12, 2017, 07:18:41 PM
 #1387

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.


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Mr Frog
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September 12, 2017, 07:47:58 PM
 #1388

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.

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cuteman
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September 12, 2017, 08:02:21 PM
 #1389

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?  Cheesy
chip1982
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September 12, 2017, 08:58:08 PM
 #1390

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?  Cheesy

With all traded prices around 0.0073 - 0.0075  WTT/ETH it almost looks like a typo,  Shocked     
cuteman
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September 12, 2017, 09:58:44 PM
 #1391

With all traded prices around 0.0073 - 0.0075  WTT/ETH it almost looks like a typo,  Shocked     
it's for small qties below 1k
chip1982
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September 12, 2017, 10:02:08 PM
 #1392

"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/


cuteman
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September 12, 2017, 10:36:17 PM
 #1393

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

I wonder what that exactly means?

It might be promotion of Cryptonomos. They finished token sale of giga-watt, and now promote themselves for other companies.
chip1982
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September 12, 2017, 10:48:48 PM
 #1394

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

I wonder what that exactly means?

It might be promotion of Cryptonomos. They finished token sale of giga-watt, and now promote themselves for other companies.

Yes, possible. But what about batch 5 and 6 with 8.7 MW capacity which they are going to build. Maybe they might have a secondary offering....
cuteman
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September 13, 2017, 05:17:16 AM
 #1395

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

I wonder what that exactly means?

It might be promotion of Cryptonomos. They finished token sale of giga-watt, and now promote themselves for other companies.

Yes, possible. But what about batch 5 and 6 with 8.7 MW capacity which they are going to build. Maybe they might have a secondary offering....
Their initial plan was:
- September   1,   2017:   3   Giga   Pods   completed,   4.5   MW
- September   15,   2017:   9   Giga   Pods   completed,   15   MW
- October   1,   2017:   3   Giga   Pods   completed,   4.5   MW
- November   15,   2017:   3   Giga   Pods   completed,   4.2   MW

you can see 18 pods here - same qty of circles as on diagrams.   But as they sold during ICO less tokens than planned, they will just build less pods.
They also mentioned that they won't release more tokens. But who knows. If this project becomes sucessfull, why might change their mind.

FiNaLize
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September 13, 2017, 08:55:06 AM
 #1396

IS there new information on the timeline of batch 3 & 4? Not the old timeline

cuteman
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September 13, 2017, 09:06:33 AM
 #1397

IS there new information on the timeline of batch 3 & 4? Not the old timeline
it's present on their web site already  -     https://www.giga-watt.com/promo/timeline
chip1982
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September 13, 2017, 11:22:23 AM
 #1398

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

I wonder what that exactly means?

It might be promotion of Cryptonomos. They finished token sale of giga-watt, and now promote themselves for other companies.

Yes, possible. But what about batch 5 and 6 with 8.7 MW capacity which they are going to build. Maybe they might have a secondary offering....
Their initial plan was:
- September   1,   2017:   3   Giga   Pods   completed,   4.5   MW
- September   15,   2017:   9   Giga   Pods   completed,   15   MW
- October   1,   2017:   3   Giga   Pods   completed,   4.5   MW
- November   15,   2017:   3   Giga   Pods   completed,   4.2   MW

you can see 18 pods here - same qty of circles as on diagrams.   But as they sold during ICO less tokens than planned, they will just build less pods.
They also mentioned that they won't release more tokens. But who knows. If this project becomes sucessfull, why might change their mind.



I actually thought I read somewhere that they will build all pods as planned but unfortunately I can't find that information anymore. If you are right and they build less then hopefully they might not ignore the market if the project becomes sucessfull. I hope the token does not climb too high.  Grin
cuteman
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September 13, 2017, 11:28:42 AM
 #1399

I actually thought I read somewhere that they will build all pods as planned but unfortunately I can't find that information anymore. If you are right and they build less then hopefully they might not ignore the market if the project becomes sucessfull. I hope the token does not climb too high.  Grin
They build based on the money they raised i think.  So if they raised less thay would build less.  Otherwise they would need to take their own money out of the wallet  Smiley

 they also wrote  in white paper :    Additional      WTT   tokens   may   be   sold   to   the   public   in   the   future   as   the   facility   capacity   is   increased   through   build   outs.

- but later they confirmed a few times that they would not sell more.
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September 13, 2017, 04:15:05 PM
 #1400

I do like the scale model Buildings in the pictures and the fact that your googly maps  show 1 Campbell Pkwy thats actually Executive flights location. No plot i can find to even build those scale model buildings.Suppose it needs to be build first better tell Executive Flight their plot is up for sale???

Look before u leap
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