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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 159518 times)
ZedZedNova
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October 26, 2017, 04:41:33 AM
 #1861

Did you really expect 10x returns? You're buying a discount electricity token for gods sake, there's a clear limit of how high it can go.

Ding! Ding! Ding!

We have a winner. That's why I bought in. I can't get electricity for less, let alone a managed and monitored site. I'm not expecting to make a killing on the WTT tokens. The tokens are just a way to buy long-term access to the GW facilities, and right now earn at least some return while waiting for the pods to be completed and my one miner (for now) to be installed and powered up.

While waiting, I have been renting my tokens and so far 3.9% of my investment (tokens and not yet installed miner) has been "returned," which when annualized comes out to 30.25% which is just fine by me. When the miner comes online and starts earning that number will go up.

BTC mining @ ckpool.org | ckpool mining stats || ethOS GPU mining rig Stats || L3+ mining and WTT Tokens @ Giga-Watt
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October 26, 2017, 05:41:09 AM
 #1862

Also another thing to be aware of.  Gigawatt is giving people who bought tokens and miners the ability to resell their products, but they are offering consignment on one of their partner websites, for a large fee, of course.


So just to recap.

1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale).  No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale.  Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.


So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment...  Then let me let you in on my new ICO  Bitcoinguy140watt.  ICO starts soon.

In all seriousness, how could anyone with some common sense not see this as a blatant scam?  I would like to hear some opinions.

1-9: Sir,you are Correct.

For those of us who prefer to not mine at home or simply buy and hodl -and find themselves trapped into GW now, absent any fair refunds options- have you any better, constructive, suggestions?

Facing same issue... I'm in Batch 3 (100 tokens)... I just want them to give me my tokens, so tht I can sell it on EtherDelta and get out... Bored to daeth by them...

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October 26, 2017, 06:25:31 AM
 #1863

Also another thing to be aware of.  Gigawatt is giving people who bought tokens and miners the ability to resell their products, but they are offering consignment on one of their partner websites, for a large fee, of course.


So just to recap.

1. Token sale in June, collected millions of dollars(around 19m)
2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
3. Miners implementation are delayed until March-April based on issues that could have been solved prior to token sale by having inspectors go over all the details.
4. Reselling miners for you for profit on their website(they take a cut of the sale).  No refunds on tokens.
5. Internal issues were not sorted out before starting and collecting 18m in a token sale.  Blame this on "growing pains"
6. No actual solutions, refunds, or otherwise to the customers of the project other than taking back your miners or wait.
7. Gigawatt Generating profits on 18m in Bitcoins for 9-12 months while you wait.
8. Gigawatt building out extensive power infrastructure at your expense.
9. Difficulty increasing exponentially on all Miners by the week.


So all the Gigawatt fanboys here, if this is how you think a good ICO should be run, and you think this was a good investment...  Then let me let you in on my new ICO  Bitcoinguy140watt.  ICO starts soon.

In all seriousness, how could anyone with some common sense not see this as a blatant scam?  I would like to hear some opinions.

1-9: Sir,you are Correct.

For those of us who prefer to not mine at home or simply buy and hodl -and find themselves trapped into GW now, absent any fair refunds options- have you any better, constructive, suggestions?

Facing same issue... I'm in Batch 3 (100 tokens)... I just want them to give me my tokens, so tht I can sell it on EtherDelta and get out... Bored to daeth by them...

I wonder why you are buying 100 tokens. After all, the price of tokens will not rise high. This is just a low price guarantee for 1kWh of power. 100 tokens can not earn much, and L3 +, D3, S9 etc. - all have a power greater than 100W to which these 100 tokens entitle.
cuteman
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October 26, 2017, 11:59:10 AM
 #1864


Biggest ICO fail of 2017?

Who agrees?
don't fully agree. Big ICO delay - ths would be more correct.

cuteman
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October 26, 2017, 12:05:13 PM
 #1865

Where can I find info about your bounty campaign, if you have it?
ICO ended long time ago, no bounty any longer  Wink

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October 26, 2017, 12:07:54 PM
 #1866


The Mining on Giga Watt Platform

- they released new video  Cheesy

https://www.youtube.com/watch?v=bvd2-XKZND0

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October 26, 2017, 12:11:25 PM
 #1867

2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
BTC price could go down as well.  Nobody can predict the future.  It is easy to make conclusions based on known past events. Smiley

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October 26, 2017, 03:14:54 PM
 #1868


The Mining on Giga Watt Platform

- they released new video  Cheesy

https://www.youtube.com/watch?v=bvd2-XKZND0

All pro videos on youtube will do us good on token price, just must sit it out the delays Undecided
bitcoinguy140
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October 26, 2017, 05:23:25 PM
 #1869

2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
BTC price could go down as well.  Nobody can predict the future.  It is easy to make conclusions based on known past events. Smiley

Sure thats true, but what actually happened and what was the cost basis for that risk analysis?  You didnt have the choice in the matter as you gave it to them.  They could have a full trading staff on hire that traded those coins up and down and make even more money.  No one knows.
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October 26, 2017, 05:54:14 PM
 #1870

2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
BTC price could go down as well.  Nobody can predict the future.  It is easy to make conclusions based on known past events. Smiley

Sure thats true, but what actually happened and what was the cost basis for that risk analysis?  You didnt have the choice in the matter as you gave it to them.  They could have a full trading staff on hire that traded those coins up and down and make even more money.  No one knows.
According to white paper they transfered all coints to fiat during ICO, and keep them at escrow.   they are not playing with these money I think Smiley

Lucas Johannesburg
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October 26, 2017, 07:46:53 PM
 #1871


Biggest ICO fail of 2017?

Who agrees?
don't fully agree. Big ICO delay - ths would be more correct.



"Fail" "Delay" they mean the same thing in this circumstance.
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October 26, 2017, 07:50:06 PM
 #1872

2. Price of BTC up from a low of 1800 to a high of 6000 today. (19m worth approx 60m today)
BTC price could go down as well.  Nobody can predict the future.  It is easy to make conclusions based on known past events. Smiley

Sure thats true, but what actually happened and what was the cost basis for that risk analysis?  You didnt have the choice in the matter as you gave it to them.  They could have a full trading staff on hire that traded those coins up and down and make even more money.  No one knows.
According to white paper they transfered all coints to fiat during ICO, and keep them at escrow.   they are not playing with these money I think Smiley

Uhm. ICO here is ment to be for investment capital so far as i understand. So GW had to bring it to fiat to pay all the stuff.
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October 27, 2017, 01:37:42 AM
 #1873

I have 2 x S9 miners sitting at Giga Watt. Unable to use due to tokens being in batch 3. Happy to sell one or both together. What price should I sell them for?
Message me if you are interested. Hoping to sell them to someone who is using Giga Watt for easy transfer.
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October 27, 2017, 11:24:52 AM
 #1874

Quote

Facing same issue... I'm in Batch 3 (100 tokens)... I just want them to give me my tokens, so tht I can sell it on EtherDelta and get out... Bored to daeth by them...

Same issue. All I got is a promise to get WTT tokens.
But at least they are a real company with real products.
not like VERITASEUM and PARITY which delivered their broken code Ether tokens
fckltx
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October 27, 2017, 01:42:22 PM
 #1875

so the last info is no exact date for batch 3 ?

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October 28, 2017, 01:04:21 PM
 #1876

Quote

Facing same issue... I'm in Batch 3 (100 tokens)... I just want them to give me my tokens, so tht I can sell it on EtherDelta and get out... Bored to daeth by them...

Same issue. All I got is a promise to get WTT tokens.
But at least they are a real company with real products.
not like VERITASEUM and PARITY which delivered their broken code Ether tokens

PODS 1 & 2 have been completed for some time.  Is the mining working?
nmnrdn
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October 28, 2017, 02:32:00 PM
 #1877




Biggest ICO fail of 2017?

Who agrees?

Yes I Agree. It will take Worst Choice award in 2017
AshleyAshes
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October 29, 2017, 02:10:26 AM
 #1878

Hello, if the ico ended long time ago, does it mean I can't take part in this project somehow?
rafzalan
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October 29, 2017, 04:08:20 AM
 #1879

Hello, if the ico ended long time ago, does it mean I can't take part in this project somehow?
Why not? you can buy WTT at EtherDelta, and transfer it to your giga-watt account.
price is between 1.3 - 1.7 try to buy at dip.

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October 29, 2017, 06:52:50 AM
 #1880

I'm so mad at the current ROI of dash miners. My plans weren't working accordingly to what I hoped for. Sold Btc to buy some alt coin, meanwhile btc goes up 3 times, I sell the alt coin at a loss being stuck and hoping to escape, I buy WTT and see that I was better of buying hardware, I buy hardware, I see I was better of being stuck with WTT, now the dash miners costed me 3700$ early Oct (rusting at gigawatt) and 2000$ December, while the ROI is about 3500$ in one year for both, and below 6$ (less then s9) if things are steady. The l3 does better but it did arrive? Gigawatt...

Had 2.7btc worth of about 5700$ in may. I added another 1200$ and the ballance with hardware and tokens is at about 7700$ if does ROI before I get crazy and full of regret. You can easily calculate that I was better of holding btc and have 3x5700$

C est la vie. We will make it though, things getting better with time. Let it go bros.
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