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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 144591 times)
udppro
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October 18, 2017, 07:54:15 AM
 #1801

Beware GIGAWATT is SCAM!!!


Don't bought WTT or Miner from Gigawatt


Today is 18 october 2017

I have bought a minerL3+ to May 2017 and yet isn't  UP&RUNNING


WTT token of ICO never release to anyone

╭∩╮(Ο_Ο)╭∩╮
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Mr Frog
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October 18, 2017, 08:09:57 AM
 #1802

Ok so this is clearly not so good deal. I understand delays aren't something you can control but why sell hardware you cannot host? Clearly I got the premium miner and have tokens as well, but guess what? before they sold me the miner they sold b1 hardware and b2 or something, and now me and those ahead have no space to be hosted, and so on. This could have been planed, have x amount of space and y amount of miners coming in...

I bought WTT on Etnerdelt and WTT in 4 packs. But the support service refuses to install Antminer D3, referring to the fact that 4 packages have not yet been released for me! I already do not understand anything! I do not understand why the purchased WTT in Etnervell is not suitable for equipment placement, but only for rent ... Why should I wait until January when I create package 4?
Why will my equipment take dust 14-16 weeks?

When did you purchase the equipment and for when it was suppose to arrive in Giga Watt.

Mine was suppose to arrive August 16-21. Batch1 S9 Miners. I still waiting to have my rigs connected.
I understood the risk I was taking & I still happy I took that risk to mine with GW.
more than 2 month for the rig to be delivered and two month waiting for the rig to be connect. still counting.

I don't know what is your situation but first of all January is not 15 weeks away but 10 weeks!! And second now that they know exactly how to do the pods and deal with inspectors everything should be done faster.

You have bought batch 1&2 tokens from ED and you think you can jump the queue. I don't think so. mostly everybody waiting for a miner did the same as you did.
If they have a miner with a batch before yours they will be connected before you. Nothing to complain about here.


Beware GIGAWATT is SCAM!!!


Don't bought WTT or Miner from Gigawatt

Today is 18 october 2017
I have bought a minerL3+ to May 2017 and yet isn't  UP&RUNNING

WTT token of ICO never release to anyone

They will be connected very soon udppro. They are working around the clock to get it done. Give them 1 more week MAX and your miner will be up and running. I am pretty sure of it.

I did not post this message, The Russians did it !
jambo110
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October 18, 2017, 05:49:07 PM
 #1803

Beware GIGAWATT is SCAM!!!


Don't bought WTT or Miner from Gigawatt


Today is 18 october 2017

I have bought a minerL3+ to May 2017 and yet isn't  UP&RUNNING


WTT token of ICO never release to anyone


You selling miner and WTT ? That is an option if you like. (take time to read your emails and updates before making yourself look stupid on here). <---Free advice here
Bitcoin2theEnd
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October 18, 2017, 08:42:47 PM
 #1804

Beware GIGAWATT is SCAM!!!


Don't bought WTT or Miner from Gigawatt


Today is 18 october 2017

I have bought a minerL3+ to May 2017 and yet isn't  UP&RUNNING


WTT token of ICO never release to anyone


Just because the project has been delayed doesnt mean its a scam
cuteman
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October 18, 2017, 09:37:08 PM
 #1805

Beware GIGAWATT is SCAM!!!


Don't bought WTT or Miner from Gigawatt


Today is 18 october 2017

I have bought a minerL3+ to May 2017 and yet isn't  UP&RUNNING


WTT token of ICO never release to anyone

It is not GW fault that US authorities scrutinised them with inspectors.  Nobody could predict this.  If that was not happen they would have deployed most token holders and token might be very expensive. Currently as nobody likes them because of delay. tokens cost little and even dropped to $1 recent weeks.

btcapollo
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October 19, 2017, 05:07:20 AM
 #1806

Has token rental started? Any experiences thus far?
cuteman
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October 19, 2017, 07:51:57 AM
 #1807

Has token rental started? Any experiences thus far?
only rentig out for those who have them, and it goes quite nicely. If you don't have tokens, you can't rent them currently.

fckltx
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October 19, 2017, 11:23:34 AM
 #1808

Why dont GW release all the tokens ? They could make all the tokens B3 and B4 notrentable and just send us the tokens.

cuteman
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October 19, 2017, 12:19:57 PM
 #1809

Why dont GW release all the tokens ? They could make all the tokens B3 and B4 notrentable and just send us the tokens.

according to ICO whitepaper they can release tokens only after lauching farms.  As farms not built yet (delayed), they can't issue tokens.

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October 19, 2017, 12:28:37 PM
 #1810

Beware GIGAWATT is SCAM!!!


Don't bought WTT or Miner from Gigawatt


Today is 18 october 2017

I have bought a minerL3+ to May 2017 and yet isn't  UP&RUNNING


WTT token of ICO never release to anyone


Stop the FUD please, why don't contact the DEVS directly via telegramm or email? They also have a support email which works quite well. There have been several statements about the delay.




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▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
N1CKH0LAS
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October 19, 2017, 03:45:13 PM
 #1811

Why dont GW release all the tokens ? They could make all the tokens B3 and B4 notrentable and just send us the tokens.

As written n the Whitepaper, they're using an escrow service. The escrow would not release the money ( and Giga would not release the tokens) until the pods are actually constructed.

There might be a little confusion with the term "constructed", as a pod can be constructed, but not ready for hardware deployment, for various reasons, including unexpected ones. The Batch 1&2 tokens were released when the pods were physically constructed, but the problem was with the various inspections and extra requirements that appeared (unexpectedly). That's how we have the current situation: Batch 1&2 tokens were released despite Pods NOT being operable, despite the fact that they were indeed physically constructed.

The idea is they CAN'T issue the tokens for Batch #3 yet, even if they wanted.

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TheWoodser
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October 19, 2017, 05:14:07 PM
 #1812

Has token rental started? Any experiences thus far?

I bought batch 1 tokens the day of the ICO.  I received my tokens ON launch day and immediately set them up to "rent."  For the first few days, I would get an email every hour saying that my tokens were not rented and I needed to lower my rental fee.  I was already at the lowest fee selection.  I emailed the tech support folks and got a reply within a few hours that they "Knew about the problem."  Not long after the email exchange, the "canned error" emails stopped.  I logged in and all my tokens are rented and earning me income.  I chalk it up to just working out a few kinks. 

Knowing that I had Batch 1 tokens I would say it was pretty smooth with just the one bump.

Woodser

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Rep Thread: https://bitcointalk.org/index.php?topic=366385.0
Jayjay04
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October 19, 2017, 05:58:38 PM
 #1813

How do I add WTT to myetherwallet ?!

Suntzu88
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October 19, 2017, 06:33:32 PM
 #1814

Well I bought my tokens $1.10, told batch 3 Sept. 15. My 5k tokens are now batch 4. How many batch 3 people are being pushed back to batch 4?
daylateandadollarshort
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October 19, 2017, 08:58:57 PM
 #1815

The timeline has been updated on their site!

Pods 3, 4, and 5 have had their foundations poured, passed a city inspection, and installed (or are currently installing) the electrical systems.

Also, it looks like they're working on the pods concurrently, about 3 at a time.

https://giga-watt.com/promo/timeline
ricardoam
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October 20, 2017, 08:08:18 AM
 #1816

Well I bought my tokens $1.10, told batch 3 Sept. 15. My 5k tokens are now batch 4. How many batch 3 people are being pushed back to batch 4?


Kinda hard to believe.

I bought my tokens at 1.05$ ( so first then you) and I was always batch 4. The only thing that changed was the date that got delayed.
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October 20, 2017, 09:09:26 AM
 #1817


To my WTT Brothers: we got competition: check out HydroMiner:https://www.hydrominer.org/

Warning- at least one sexy broad on their "What makes Hydrominer different" video; and, this looks totally like Genesis Mining.



Beter watch out for hydromining and terra mining. When i was reading info i found that "Kevin Benckendorf, Public Relations" was a look a like from
Public Relations Terra Mining. I can not look up the name anymore, because Terra Mining did change the website and no specifics about the team any more.

Btw. Concept of Hydroming is very diffrent then Genesis Mining, better read the papers before writing here.
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October 20, 2017, 02:26:37 PM
 #1818

Well I bought my tokens $1.10, told batch 3 Sept. 15. My 5k tokens are now batch 4. How many batch 3 people are being pushed back to batch 4?


Kinda hard to believe.

I bought my tokens at 1.05$ ( so first then you) and I was always batch 4. The only thing that changed was the date that got delayed.

Wife corrected me, I guess we are batch 4. Guess our coins wont be released till 2020. My $5500 could have been invested elsewhere. Praying this is not a scam.
CrRo
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October 20, 2017, 11:56:24 PM
 #1819

Well I bought my tokens $1.10, told batch 3 Sept. 15. My 5k tokens are now batch 4. How many batch 3 people are being pushed back to batch 4?


Kinda hard to believe.

I bought my tokens at 1.05$ ( so first then you) and I was always batch 4. The only thing that changed was the date that got delayed.

Wife corrected me, I guess we are batch 4. Guess our coins wont be released till 2020. My $5500 could have been invested elsewhere. Praying this is not a scam.

IS GIGA WATT A SCAM? Kind of like MLM....
If you listen to just some people on here that haven’t kept a close eye on the project they will throw general terms at you like “construction delays” or blaming US authorities for laws, saying to contact devs and support. In reality there is a group of people, wtt token holders and non in telegram that follow this closely and believe me these people that ask about their miners and tokens aren’t FUDing, these people are the ones whose money is building these pods while they get screwed. If anyone would ask me if I recommend GW for mining hosting service I definitely wouldn’t and here are the same reasons people complain:
  • The issue of overselling miners through GW site for exclusive GW hosting. GW continues to sell miners while there isn’t one token holder I’m aware of that is mining at GW. Support always avoids this question and never answers why would people pay premium on exclusive delivery and then be left with overpriced miner in hand seeking to mine/sell on own. It’s a simple x miners to y space and power and yet not a single GW employee has been able to confirm if number of miners sold through GW and their corresponding delivery would fit into pods. FYI GW doesn’t take any responsibility for this, they still take the profit of miner mark up and only help you with shipping if you choose to sell your miner from them (so it doesn’t collect Giga dust).
  • the issue of timelines that make no sense. So the timelines on the site for pod builds aren’t realistic, they are more of a general timeline with deadlines extending 2-3 weeks easily (usually after displaying past due date for 3-4 days). So ok construction delays, inspection delays...but now pods 1-2 are done, but guess what? 1 week since notification of completion and nobody is mining, furthermore support stated 7-28 day range for deployment. Yes, 1+ month to deploy miners in a pod. Question of competence, priorities and real use of those pods comes up.
  • so with next few pods under way of course people are interested who goes in those next...too bad you can’t get that info. Again from my first comment about hosting capacity this would be easy but it’s avoided with general answer of “basically we will deal with it when your miners get here”, in other words we will tell you it’s your problem in a month and you figure it out then. No proactive steps taken. We are given however the most complicated priority of deployment system (interesting enough nobody mining still); the system is ever changing from stating hardware purchase date to now wtt token holder and purchase date and then D3 go in first...oh and it will take 4 weeks.
There is very little transparency and someone visiting GW recently only saw one pod and was told there isn’t enough time to see others...I’m not even mentioning “existing” buildings that were speculated to host some miners temporarily, no such option has ever been presented. So based on these events it seems that GW as a service to non WTT token holders right now is non-existent and those people basically gave extra funds for miner date delivery to GW for nothing, essentially fraud as none of those people are even aware of any delays or issues ahead. Wtt tokens have it slightly better as they lost money on their miner purchases but their wtt token will be worth something, if GW won’t be tarnished by this lack of service and competition rises.
Is it a scam? No, but it’s a business model that put early investors and customers at a loss to pay for company mistakes while they still make a profit.
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October 21, 2017, 09:06:31 PM
 #1820

Is it a scam? No, but it’s a business model that put early investors and customers at a loss to pay for company mistakes while they still make a profit.

Great post. And it is nice to see someone who finally understands what the words they use actually mean.
I don't mind people being upset or mad. I don't mind people calling out Gigawatt for poor service and confusing information.

I get irritated when people throw the word "scam" around. That word has a meaning that most people don't seem to understand.

Your post seems spot on to me.
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