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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 158785 times)
rafzalan
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September 11, 2017, 06:30:42 AM
 #1381

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

Thanks
they are real

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September 11, 2017, 04:45:42 PM
 #1382

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

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 Sad ... guess due to the lack of gas for the transaction. But according to etherscan the transaction passed and the contract was completed  Shocked ... 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  Grin Grin Grin ...

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 Cheesy ? Thanks in advance !
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September 11, 2017, 06:57:52 PM
 #1383

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

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

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.
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September 11, 2017, 07:16:03 PM
 #1384

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

I did not post this message, The Russians did it !
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September 12, 2017, 07:56:27 AM
 #1385

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.

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September 12, 2017, 08:04:40 AM
 #1386

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
 #1387

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
 #1388

A currency payment selection option is necessary guys !

cuteman
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September 12, 2017, 06:02:39 PM
 #1389

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.  

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September 12, 2017, 07:18:41 PM
 #1390

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
 #1391

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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September 12, 2017, 08:02:21 PM
 #1392

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

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September 12, 2017, 08:58:08 PM
 #1393

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     
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September 12, 2017, 09:58:44 PM
 #1394

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

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September 12, 2017, 10:02:08 PM
 #1395

"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/


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September 12, 2017, 10:36:17 PM
 #1396

"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.

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September 12, 2017, 10:48:48 PM
 #1397

"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....
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September 13, 2017, 05:17:16 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.


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September 13, 2017, 08:55:06 AM
 #1399

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

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September 13, 2017, 09:06:33 AM
 #1400

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

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