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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 159560 times)
mextrusion
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October 10, 2017, 10:27:23 PM
 #1701

4. Option for batch 3 & 4 token buyers with delivered miners at GW

I wonder whether the following is possible?

Maybe instead of waiting multiple week's, a batch 3 & 4 token buyer could also purchase the amount of needed tokens from etherdelta.com in order to mine.

Assuming:
1. the supply of tokens on the etherdelta must come from batch 1 & 2, because no other tokens seem to be issued
2. Pods for first & second batch holders are running (which they currently are not)
3. token holders can always mine (this is what GW said mutiple times)

The batch 3 & 4 token buyer would then double his spending on tokens but wouldn't need to wait so long. He should actually then be able to mine in the pods for the first and second batch token holders. And once the batch 3 & 4 tokens are issued he then can sell his excess tokens back to etherdelta.

I am a first batch token holder waiting to mine, so I do not know whether this works or not and I did not ask GW.

Maybe my thinking is flawed therefore any comments are appreciated.

Hitbtc.com also offer WTT tokens. They are futures. That means the exchange (or special partners) have also bought WTT by GigaWatt and already put them for trade. If you buy them the tokens can not be withdrawn untill the real tokens are issued by GigaWatt. I think this is also the case by Etherdelta i think. Also its not clear by witch batch release the tokens will be avaible for withdrawel.

Are you sure Hitbtc.com is real? It seems like a scam to me.  Perhaps Giga Watt can chime in on this or maybe send them a message about this.  I have used Ether Delta and it works easily and transfers work well. Market cap only shows them as the trading market.
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October 10, 2017, 11:17:36 PM
 #1702


Beside options. Login does give no sms to my phone? Still waiting fot thier awnser.

I once waited half a day till my local telco passed the sms to me.....
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October 10, 2017, 11:29:43 PM
 #1703


I would buy more tokens from the exchange if I was able to use them to deploy my 4 miners that they have now  Cool. It makes sense to me that they wouldn't mind since all of the are issued for batch 1 and 2 anyway.  I like the progress monitoring they are using now to keep us up to date with the progress. I just wish they would keep on the schedule.



I currently put the proceeds from the rent into new tokens because I believe it is more important to have the tokens. Once the mining is successfull the price of the tokens may be too high for a positve return on a miner investment.
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October 11, 2017, 06:21:15 AM
 #1704

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I currently put the proceeds from the rent into new tokens because I believe it is more important to have the tokens. Once the mining is successfull the price of the tokens may be too high for a positve return on a miner investment.

Where did you buy the tokens? They are not listed yet or are they?
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October 11, 2017, 07:46:05 AM
 #1705

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I currently put the proceeds from the rent into new tokens because I believe it is more important to have the tokens. Once the mining is successfull the price of the tokens may be too high for a positve return on a miner investment.

Where did you buy the tokens? They are not listed yet or are they?

etherdelta.com
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October 11, 2017, 08:01:05 AM
 #1706

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I currently put the proceeds from the rent into new tokens because I believe it is more important to have the tokens. Once the mining is successfull the price of the tokens may be too high for a positve return on a miner investment.

Where did you buy the tokens? They are not listed yet or are they?

For us waiting for Batch 3, Are we able to rent out our tokens by just buying from Ether Delta? Is it possible or do we really need to wait until they release the Batch 3?

It's really taking a while releasing those tokens, I can't help to buy tokens on ether delta.

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October 11, 2017, 08:07:13 AM
 #1707

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I currently put the proceeds from the rent into new tokens because I believe it is more important to have the tokens. Once the mining is successfull the price of the tokens may be too high for a positve return on a miner investment.

Where did you buy the tokens? They are not listed yet or are they?

For us waiting for Batch 3, Are we able to rent out our tokens by just buying from Ether Delta? Is it possible or do we really need to wait until they release the Batch 3?

It's really taking a while releasing those tokens, I can't help to buy tokens on ether delta.

My etherdelta bought tokens just come on top of my first batch tokens and yes, renting them out is possible. But keep in mind what Dopert confirmed: you don't get forward in the miner deployment queue.
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October 11, 2017, 08:09:40 AM
 #1708

Quote
I currently put the proceeds from the rent into new tokens because I believe it is more important to have the tokens. Once the mining is successfull the price of the tokens may be too high for a positve return on a miner investment.

Where did you buy the tokens? They are not listed yet or are they?

For us waiting for Batch 3, Are we able to rent out our tokens by just buying from Ether Delta? Is it possible or do we really need to wait until they release the Batch 3?

It's really taking a while releasing those tokens, I can't help to buy tokens on ether delta.

My etherdelta bought tokens just come on top of my first batch tokens and yes, renting them out is possible. But keep in mind what Dopert confirmed: you don't get forward in the miner deployment queue.

Please also keep in mind that maybe 3. batch accounts are not even active. I would try with one token first.
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October 11, 2017, 11:31:12 AM
 #1709

How do I know which batch WTT tokens I purchased? I don't see any option at the dashboard here:

https://cryptonomos.com/dashboard/wtt
just below the graph with your purchases you can see smth like this:

Batch   Date      Amount
Batch 4   Coming soon      xxxxx   WTT

Aah, I see. I have already got my tokens. I guess I was in Batch 2.

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October 11, 2017, 08:14:38 PM
 #1710

How do I know which batch WTT tokens I purchased? I don't see any option at the dashboard here:

https://cryptonomos.com/dashboard/wtt
just below the graph with your purchases you can see smth like this:

Batch   Date      Amount
Batch 4   Coming soon      xxxxx   WTT

Aah, I see. I have already got my tokens. I guess I was in Batch 2.

Go and put them at work on your Giga-Watt.com Account.  Shocked

I did not post this message, The Russians did it !
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October 12, 2017, 02:19:22 AM
 #1711

How do I buy WTT to start mining for up coming batch? What batch is currently mining now?
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October 12, 2017, 05:08:01 AM
 #1712

How do I buy WTT to start mining for up coming batch? What batch is currently mining now?


None are mining, and WTT batches are not necessarily connected with equipment buys anymore. According to the latest official information, early buyers should start mining in the next few weeks. For others it would probably be Q1 2018 only, depending on their queue in the mining deployment schedule. But there are several delays.

Please keep in mind that you need both, WTT AND equipment to mine with GW. Just the tokens will not mine anything, but you can rent them out.
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October 12, 2017, 05:10:27 AM
 #1713

How do I buy WTT to start mining for up coming batch? What batch is currently mining now?


None are mining, and WTT batches are not necessarily connected with equipment buys anymore. According to the latest official information, early buyers should start mining in the next few weeks. For others it would probably be Q1 2018 only, depending on their queue in the mining deployment schedule. But there are several delays.

Please keep in mind that you need both, WTT AND equipment to mine with GW. Just the tokens will not mine anything, but you can rent them out.

That is not true, there are people already mining, tokens are being rented out and generate profits for some.
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October 12, 2017, 05:16:07 AM
 #1714

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That is not true, there are people already mining, tokens are being rented out and generate profits for some.

People who are mining are legacy customers or early buyers who sent their own equipment. They are mining in the existing facilities. The new Pods are not officially mining yet for token holders.
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October 12, 2017, 06:01:24 AM
 #1715

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That is not true, there are people already mining, tokens are being rented out and generate profits for some.

People who are mining are legacy customers or early buyers who sent their own equipment. They are mining in the existing facilities. The new Pods are not officially mining yet for token holders.

Ok, but then it is still 'some' that are mining and 'some' that have their tokens rented out, not none as you stated, agreed? Smiley
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October 12, 2017, 06:02:57 AM
 #1716

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Ok, but then it is still 'some' that are mining and 'some' that have their tokens rented out, not none as you stated, agreed? Smiley

Yes, my answer was too generic Wink By the way all of the Batch 1 and Batch 2 token holders do rent out their spare tokens. Even though for the lowest possible rate only at the moment.
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October 12, 2017, 09:17:40 AM
 #1717

Are you sure Hitbtc.com is real? It seems like a scam to me.  Perhaps Giga Watt can chime in on this or maybe send them a message about this. 
Hitbtc sell IOY - which means future tokens. They will allow to withdraw after GW next batches will be release - maybe in a few monthes.

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October 12, 2017, 09:20:29 AM
 #1718

I was reading that there were issues with permitting for the newer facilities? Is the roadmap still going forward as planned? Like this project, just dont have time follow every day.

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October 12, 2017, 09:22:50 AM
 #1719

Login does give no sms to my phone? Still waiting fot thier awnser.
You need to wait and to try another time.  Same happened to me in the past, sometimes i tried many times, during few days  Shocked

   When you succeed in login ,  it is better to disable sms and enable 2-factor varification which ALWAYS work  Wink

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October 12, 2017, 09:26:45 AM
 #1720


Please also keep in mind that maybe 3. batch accounts are not even active. I would try with one token first.
I think only batches 1 and 2 are acting now.

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