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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 159919 times)
Gervais8338
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January 11, 2018, 08:45:30 PM
 #2341

I own 1900 token. how can I sell them
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January 11, 2018, 10:14:54 PM
 #2342

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ?  Wink
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke Cheesy
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them



You have a total amount of coins equal to a total amount of watt. Each token has a maximum lifetime of what? 50 years?

Every day that passes, the rest value of the token diminishes a little bit more. It's opportunity costs you need to use for calculation.

Sure idiots might trade them but at some point, driving the price up.


30.000.000 watts(token=watt) are 1500 antminre (more or less)

they safe you 18.000.000m Dollars per year (30k k/W x 50Dollar x 12 month)  for hosting fees  (this is the max amount you can save from hosting)

over 50 years that makes  900.000.000 dollars worth.



That means the token Value is 30 Dollar BUT only if you use them for 50 years straight. AND considering that you do not profit from paying exactly the value you would need to pay for hosting (if you had no coins at all) you will see lower prices for token (getting less every year)


That's why I say 1000 bucks for a token is unlikely.  Besides, to get even a glimpse of the Real Lofe Value of the token, they would need to actually operate your miners



The reason the price is increasing is due to the fact that mining locations are not available everywhere and most people do not want S9 in their basement because they did not expect the heat or noise. OR they ordered like a lot of people dozens of S9 without realizing they cant plug them to one circuit in their house lol

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kjs
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January 12, 2018, 12:28:46 AM
 #2343

I own 1900 token. how can I sell them

You can see the markets (exchanges typically) for WTT tokens here: https://coinmarketcap.com/currencies/giga-watt-token/#markets
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January 12, 2018, 05:35:56 AM
 #2344


When I try to withdraw (to another ETH account) my tokens from giga-watt.com I get this error, why ?


"Can not reserve eth for wtt transaction. It should be greater then (0.005000000000000000).

359 WTT available"

https://imgur.com/UKyhuv9
jambo110
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January 12, 2018, 08:28:50 AM
 #2345


When I try to withdraw (to another ETH account) my tokens from giga-watt.com I get this error, why ?


"Can not reserve eth for wtt transaction. It should be greater then (0.005000000000000000).

359 WTT available"



I guess you need a lil eth(gas) to move it.
buyingcoins
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January 12, 2018, 02:17:28 PM
 #2346

Here's a step by step guide to setting up a wallet and buying Giga Watt Token (WTT): https://getcrypto.info/giga-watt-token/
Gervais8338
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January 12, 2018, 04:31:11 PM
 #2347


OK, thank you! I want to sell them and saw that they have a WTT-Token-Wallet. so it is possible to sell it there and get ETH or BTC for it, right?
No, currently HitBTC does nor allow nor deposit WTT tokens from outside, nor send them somewhere if you had bought them on HitBTC.    I bought a few hundred of wtt there in September for about 1.3$ , but was not able to withdraw.   Finally I sold them on HitBTC for 2.5$ somewhre in December, because they don't give ANY indication when they will allow to withdraw.

Yes, thats sadly true! Wanted to deposit WTT but than I got the message that this is not possible yet. :-(


Hello, are you able to sell your wtt token because I try to sell them too
Jason01
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January 12, 2018, 07:21:12 PM
 #2348

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ?  Wink
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke Cheesy
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them



You have a total amount of coins equal to a total amount of watt. Each token has a maximum lifetime of what? 50 years?

Every day that passes, the rest value of the token diminishes a little bit more. It's opportunity costs you need to use for calculation.

Sure idiots might trade them but at some point, driving the price up.


30.000.000 watts(token=watt) are 1500 antminre (more or less)

they safe you 18.000.000m Dollars per year (30k k/W x 50Dollar x 12 month)  for hosting fees  (this is the max amount you can save from hosting)

over 50 years that makes  900.000.000 dollars worth.



That means the token Value is 30 Dollar BUT only if you use them for 50 years straight. AND considering that you do not profit from paying exactly the value you would need to pay for hosting (if you had no coins at all) you will see lower prices for token (getting less every year)


That's why I say 1000 bucks for a token is unlikely.  Besides, to get even a glimpse of the Real Lofe Value of the token, they would need to actually operate your miners



The reason the price is increasing is due to the fact that mining locations are not available everywhere and most people do not want S9 in their basement because they did not expect the heat or noise. OR they ordered like a lot of people dozens of S9 without realizing they cant plug them to one circuit in their house lol

All what we need, is put token on large exchanges.
This token has a real value because you exchange it for energy, that's why it will attract for buyers who, through speculation, will raise its price
All your calculations are based on current costs. Energy will always be more expensive. Servicesin companes like giga watt will always raise fees for customer. I'm sure that giga watt planned his project in such a way that there is still a lot of room for customers who do not have tokens because in this way they earns more. The customers who bought the coins in pre-sell  paid for the construction, this is the reason why  they got a cheap electricity as a gift.
From the giga watt point of view, the token can be very expensive because it will make more customers without tokens and they will pay more for use of giga watt services.

When all the mainers will installed and they locate their tokens in the giga watt, there will be small amount coins in circulation and the demand will soon increase the price of the token.
giga watt will become an easy tool for speculation because the number of coins in circulation will be very small

In my opinion it is last time for buy becouse around april/may  price will rise up

Btw I have question. On the coinmarketcap I see two exchanges available for giga watt tokens. EtherDelta and HitBTC. Why is so big difrent in price? on the first one 1.6$ and second one 3$
on both of them you can sell and buy WTT without a problem?


P.S. i hope it is clear becouse english is my third language

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January 12, 2018, 08:33:12 PM
 #2349

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them
Where did you see 5 usd??  Huh  It was never more than 2.5 usd - at that was long time ago.

usually It is always below $2.
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January 12, 2018, 08:35:48 PM
 #2350

CNBS just recorder a video about GW town - Wenatchee   Grin


Why one small Washington town has seen so many bitcoin miners move in ?
- Low-cost electricity has brought dozens of bitcoin miners to the small town of Wenatchee, Washington.
- Cool temperatures also help keep the necessary servers at the right temperature.

A small town three hours east of Seattle is turning into the epicenter of bitcoin mining in the United States.

Wenatchee, Washington is home to a dozen of the largest bitcoin and cryptocurrency miners in the country. And the head of the local power utility, Steve Wright, says another 75 have inquired about coming here since the price of bitcoin surged in December.

https://www.cnbc.com/2018/01/11/wenatchee-washington-and-the-bitcoin-gold-rush.html

cuteman
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January 12, 2018, 08:39:49 PM
 #2351


Btw I have question. On the coinmarketcap I see two exchanges available for giga watt tokens. EtherDelta and HitBTC. Why is so big difrent in price? on the first one 1.6$ and second one 3$
on both of them you can sell and buy WTT without a problem?

HitBTC sells only  IOY tokens - futures.  You can buy them now, but you will get them only after the last wtt batch will be released somewhere in March.
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January 12, 2018, 09:02:25 PM
 #2352


Btw I have question. On the coinmarketcap I see two exchanges available for giga watt tokens. EtherDelta and HitBTC. Why is so big difrent in price? on the first one 1.6$ and second one 3$
on both of them you can sell and buy WTT without a problem?

HitBTC sells only  IOY tokens - futures.  You can buy them now, but you will get them only after the last wtt batch will be released somewhere in March.

thanks for the answer. that the only one exchange where you can sell and buy real WTT tokens is EtherDelta?


CNBS just recorder a video about GW town - Wenatchee   Grin


Why one small Washington town has seen so many bitcoin miners move in ?
- Low-cost electricity has brought dozens of bitcoin miners to the small town of Wenatchee, Washington.
- Cool temperatures also help keep the necessary servers at the right temperature.

A small town three hours east of Seattle is turning into the epicenter of bitcoin mining in the United States.

Wenatchee, Washington is home to a dozen of the largest bitcoin and cryptocurrency miners in the country. And the head of the local power utility, Steve Wright, says another 75 have inquired about coming here since the price of bitcoin surged in December.

https://www.c[Suspicious link removed]m/2018/01/11/wenatchee-washington-and-the-bitcoin-gold-rush.html




Wenatchee rules  Grin
cuteman
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January 12, 2018, 10:28:24 PM
 #2353

thanks for the answer. that the only one exchange where you can sell and buy real WTT tokens is EtherDelta?


Yes.  In future GW may list on other exchanges as well, but i don't expect this in near months.
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January 12, 2018, 11:47:46 PM
 #2354

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ?  Wink
noncence.  It has only unility usage, not speculation.  You can see that even now when all alts are dropping, wtt price is stable - so this is not a pump&dump token  Cheesy

BTW there is a fresh info about new development in Pangborn :

https://medium.com/gigawatt/pangborn-development-site-ii-99cbf6974bd7

Thanks cuteman. I know you are spot on to GW side. But i need your input so i dont to the edge of calling it scam. I can inheart the situation and non scam leads, beside many dissapiontments.

It lives and will grow to the word for sure. Nice pics btw. Little ice good for cooling  Cheesy

Txs for updating the form with facts, tumbs up !
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January 12, 2018, 11:54:31 PM
 #2355

When I try to withdraw (to another ETH account) my tokens from giga-watt.com I get this error, why ?

"Can not reserve eth for wtt transaction. It should be greater then (0.005000000000000000).

359 WTT available"

Quite simply because you need 0.005 ETH in your account in order to pay the transaction fee to cover the WTT transfer.
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January 13, 2018, 12:00:20 AM
 #2356

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ?  Wink
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke Cheesy
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them



You have a total amount of coins equal to a total amount of watt. Each token has a maximum lifetime of what? 50 years?

Every day that passes, the rest value of the token diminishes a little bit more. It's opportunity costs you need to use for calculation.

Sure idiots might trade them but at some point, driving the price up.


30.000.000 watts(token=watt) are 1500 antminre (more or less)

they safe you 18.000.000m Dollars per year (30k k/W x 50Dollar x 12 month)  for hosting fees  (this is the max amount you can save from hosting)

over 50 years that makes  900.000.000 dollars worth.



That means the token Value is 30 Dollar BUT only if you use them for 50 years straight. AND considering that you do not profit from paying exactly the value you would need to pay for hosting (if you had no coins at all) you will see lower prices for token (getting less every year)


That's why I say 1000 bucks for a token is unlikely.  Besides, to get even a glimpse of the Real Lofe Value of the token, they would need to actually operate your miners



The reason the price is increasing is due to the fact that mining locations are not available everywhere and most people do not want S9 in their basement because they did not expect the heat or noise. OR they ordered like a lot of people dozens of S9 without realizing they cant plug them to one circuit in their house lol

Agree there is a max value of the token. Still $30 is very high (include risks), will sell everything  Grin

If poeple invest they will look like 5 years invest at front and not 50 years, then roi is very low, depending how you vaue wtt after the periode. Still big investment for mining. So psychologici i think also around $5.
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January 13, 2018, 11:19:56 AM
 #2357

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ?  Wink
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke Cheesy
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them



You have a total amount of coins equal to a total amount of watt. Each token has a maximum lifetime of what? 50 years?

Every day that passes, the rest value of the token diminishes a little bit more. It's opportunity costs you need to use for calculation.

Sure idiots might trade them but at some point, driving the price up.


30.000.000 watts(token=watt) are 1500 antminre (more or less)

they safe you 18.000.000m Dollars per year (30k k/W x 50Dollar x 12 month)  for hosting fees  (this is the max amount you can save from hosting)

over 50 years that makes  900.000.000 dollars worth.



That means the token Value is 30 Dollar BUT only if you use them for 50 years straight. AND considering that you do not profit from paying exactly the value you would need to pay for hosting (if you had no coins at all) you will see lower prices for token (getting less every year)


That's why I say 1000 bucks for a token is unlikely.  Besides, to get even a glimpse of the Real Lofe Value of the token, they would need to actually operate your miners



The reason the price is increasing is due to the fact that mining locations are not available everywhere and most people do not want S9 in their basement because they did not expect the heat or noise. OR they ordered like a lot of people dozens of S9 without realizing they cant plug them to one circuit in their house lol

Agree there is a max value of the token. Still $30 is very high (include risks), will sell everything  Grin

If poeple invest they will look like 5 years invest at front and not 50 years, then roi is very low, depending how you vaue wtt after the periode. Still big investment for mining. So psychologici i think also around $5.

I understand your calculations. it is pure mathematics. However, I think that it is not completely correct because electricity prices have always increased and will always grow. Second point,  for example, the government may prohibit mining at home. There are various scenarios.
In March WTT tokens will be added on the next stock exchange. And whether we want it or not, people will make money from them, sell / buy.
The user's role of the token ended when you bought it at ICO.
Then you got the oportunity of getting a very low price of elektricity, of course, if you will not sell tokens, and Giga watt got money for build the construction what will allow you to cheap mining.
At this stage, every miner got his cheap tokens. constructions have been built and already exist. if you keep and never sell your token, you will save a lot of money on energy. however, if you will sell, then giga watt will earn more money.

you can ask: Why would the token be expensive?
Why are hundreds of other expensive tokens being useless?
for example: ZCL. I bought for 2$ a few months ago. I sold for 200$
Why prices explode?  Becouse the whole crypto market is one big speculation and greed is the nature of man.


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January 14, 2018, 02:45:20 AM
 #2358



you can ask: Why would the token be expensive?
Why are hundreds of other expensive tokens being useless?
for example: ZCL. I bought for 2$ a few months ago. I sold for 200$
Why prices explode?  Becouse the whole crypto market is one big speculation and greed is the nature of man.




Newbies like Gigawatt so much... I remember they also loved ZeusMiner back in time. Guy was praising ZeusHash a day before they closed - because he felt like love them.

And Paycoins. I remember very similar words for Paycoin. It will grow forever - just because of ...

I withdrew my miners from there. They ship out - I can not deny, this works fine (so far?).

When they go bankrupt from the law suite (the owner already has experience going bankrupt - so he knows how to do this right Smiley   ), or anything else there in a pipeline - I will loose only coins.

I will try to sell them at EtherDelta...


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January 14, 2018, 07:12:22 AM
 #2359

It's been I awhile since I talked about GigaWatt because my WTT is just working for me in the background. I checked out their instagram recently and I was amazed at the growth they've had since the launch.

https://www.instagram.com/p/BcsIy_VgPiy/?taken-by=gigawatt_mining
https://www.instagram.com/p/BcutJtUgMqW/?taken-by=gigawatt_mining
https://www.instagram.com/p/BbX4IeqgNY8/?taken-by=gigawatt_mining

So freaking cool to see. Alright take everyone, even in two weeks in 2018 has been way faster moving than all of 2017. It's crazy. Can't wait to see how big GigaWatt is in another year.

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January 14, 2018, 10:58:29 PM
 #2360



you can ask: Why would the token be expensive?
Why are hundreds of other expensive tokens being useless?
for example: ZCL. I bought for 2$ a few months ago. I sold for 200$
Why prices explode?  Becouse the whole crypto market is one big speculation and greed is the nature of man.




Newbies like Gigawatt so much... I remember they also loved ZeusMiner back in time. Guy was praising ZeusHash a day before they closed - because he felt like love them.

And Paycoins. I remember very similar words for Paycoin. It will grow forever - just because of ...

I withdrew my miners from there. They ship out - I can not deny, this works fine (so far?).

When they go bankrupt from the law suite (the owner already has experience going bankrupt - so he knows how to do this right Smiley   ), or anything else there in a pipeline - I will loose only coins.

I will try to sell them at EtherDelta...




That's unfortunatly the way I'm starting to feel. I know this isn't paycoin or any scam near that level but I've seen enough to know that when something doens't look right it usually turns out to be a scam. They are selling miners for Jan and Feb Deployment but they haven't deployed older orders and won't be able to deploy those. Taking money from people and not being straight with them on the timeline for deployment is shady.
On the other hand a scam wouldn't have delays, because it's a scam they would just pump and dump. So it's really not fair to call them a scam, however they aren't being upfront with customers so I do worry about financial problems. For now I'm taking their word for it, having dealt with UL in the past it's not a fast process to put it nicely, and I don't know Washington State but it took me 5 months to get a permit to build a deck on my house in PA lol. So it's not time to call it a scam but it is time for more transparency from Giga Watt.
And people speculating on prices going to $100 are crazy, this isn't a pump and dump. It's the only utility token with an actual purpose and value but that value is capped. It's also real so even during selloffs WTT has real value behind it and it won't go down nearly as much and will payout more coins if renting and chase out miners with higher electricity costs lowering difficulty for those mining. So there's a limit to the upside but also to the downside of the price of WTT which makes it the only stable investment in cryptoland I know of, as long as they aren't having financial problems and blaming Underwriter Labs and local permits.
Has anyone that ordered a miner last year, say September to December, had it deployed?

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