⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!

[GlobalProtection]

I don't know why Giga-Watt is not using our 100% WTT token to mine on their system.

It is possible that there are more tokens right than there are miners installed to handle all of the tokens. That is why Giga Watt has to spread the miners among all the token holders.  As they build more pods and expand, and more miners are installed, then eventually 100% of the tokens will be used?  Does that make sense?

 

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[ZedZedNova]

I don't know why Giga-Watt is not using our 100% WTT token to mine on their system.

It is possible that there are more tokens right than there are miners installed to handle all of the tokens. That is why Giga Watt has to spread the miners among all the token holders.  As they build more pods and expand, and more miners are installed, then eventually 100% of the tokens will be used?  Does that make sense?

 

I suspect that this is exactly the situation, but I'll temper that thought with the caveat of "for a given token rental rate." What I mean is that if I had a way to say, "please rent all of my tokens regardless of the token rental rate," and Giga-Watt could do that, then I suspect that 100% of my available tokens would be rented. The percentage that would not be rented would be the ones used for my L3+.

[Dopert]

For me it is not clear how Giga Watt connect demand and supply of WTT rent, because you can cancel your rent out tokens (no fixed timeframe). So rentel profits depends on the business handeling of Giga Watt.

It is like revenue over your investment, just like mining. Next year i will fill in a tax form to the IRS like a nauteral/individuel person abroad USA having a long term gain investment. So i will keep mining profits and rental payout for more then a year. That is fair and best option in my opion. Other wise it is short term gaining (income).

Hope the IRS sees it also in this perspective 

[cuteman]

assuming that you have sufficient WTT tokens to cover the power usage (1500 watts + 10% = 1650 WTT needed).

At today's rates (which are pretty much guaranteed to change for the worse), the D3 would take over 1,000 days (2.77 years) to ROI, and the Alpha 200 would take ~265 days (ETH), ~450 days (ZEC), ~309 days (ETC) to ROI. Assuming that ETH is still planning to switch from POW (Proof of Work) to POS (Proof of Stake), but because we don't know when, maybe 260 days is OK, or maybe not.

You are correct, current mining earnings are too low comparing with miners' prices. But in the next few monthes situation may change a lot , with final mass adoption.

[cuteman]

This project still alive or dead? I cant see any updates on social media there is a huge demand in this kind of mining facilities but looks like no any good news from devs?

Alive, but they don't need to advertise it, or to "develop" in any kind of this sence.  They sold all tokens they wanted, and won't expand mining facilities, so they don't need new customers, in fact.

[cuteman]

When next batch of tokens will be issued? I invested in June 2017, still no tokens!

All tokens have been already issued end of February!   Go to cryptonomos site and you should see them, and you can transfer the tokens from there to GW account if you wish.

[CryptoPedro]

When next batch of tokens will be issued? I invested in June 2017, still no tokens!

All tokens have been already issued end of February!   Go to cryptonomos site and you should see them, and you can transfer the tokens from there to GW account if you wish.

Thanks for the tip. I just checked and I can confirm that my batch 4 tokens from last July are now unlocked on Cryptonomos, and I can send them to my gigawatt hosting account. I wasn't expecting that until April! It even included the additional 10% tokens they promised us for the delay.

Still waiting on my miners to be deployed though. Every month I send them an email and every month They say it will just be a few more weeks.

[Jayjay04]

http://cryptomining-blog.com/9559-you-may-want-to-stay-away-from-giga-watts-services/

Get your shit together guys !
This is not a very good publicity !

[cuteman]

http://cryptomining-blog.com/9559-you-may-want-to-stay-away-from-giga-watts-services/

Get your shit together guys !
This is not a very good publicity !

There is a huge quantity of ICOs which were pure scams, or failed to launch a product which they promised.   Here we see big delays which is annoying but finally miners start mining , so at least this is a real project.

[cuteman]

Bitcoin Mining Giant Bitmain Sets Up Secret mining facilities  close to Giga Watt 

While nothing has been stated publicly by Bitmain, the bitcoin mining hardware producer appears be connected to a new company called Ant Creek, LLC, that, reports say, is trying to build mining facilities in Washington state.

https://www.coindesk.com/bitmain-reportedly-developing-mining-facilities-in-pacific-northwest/

[Dopert]

Me so happy. Did order those stupid D3 miners in the past for a lot of money and sold them directly, because electric cost here. No fiat loss but extreem btc increase value loss 

Now Bitmain sells them for $550 and i have 4x $200 coupons from Bitmain, because they oversold the market earlier.

With GW psu and shipping and install cost its like $660,- each. Best deal ever 

[cuteman]

Me so happy. Did order those stupid D3 miners in the past for a lot of money and sold them directly, because electric cost here. No fiat loss but extreem btc increase value loss 

Now Bitmain sells them for $550 and i have 4x $200 coupons from Bitmain, because they oversold the market earlier.

With GW psu and shipping and install cost its like $660,- each. Best deal ever 

You are correct, but crypto market is SOOOO unpredictable!     You will never know how things will turn out.  Very little people were able to predict figures of the Dash difficulty increase, and they warned, but nobody wanted to hear .

[VasilyVIP]

I wpould like to have more imfo about your bounty campaign, thanks

[cuteman]

I wpould like to have more imfo about your bounty campaign, thanks

ICO finished long time ago!  So there is no bounty campaing.  Last tokens have been sold in July 2017.

[Dopert]

Me so happy. Did order those stupid D3 miners in the past for a lot of money and sold them directly, because electric cost here. No fiat loss but extreem btc increase value loss 

Now Bitmain sells them for $550 and i have 4x $200 coupons from Bitmain, because they oversold the market earlier.

With GW psu and shipping and install cost its like $660,- each. Best deal ever 

You are correct, but crypto market is SOOOO unpredictable!     You will never know how things will turn out.  Very little people were able to predict figures of the Dash difficulty increase, and they warned, but nobody wanted to hear .

My expectation is that Dash wil flipper between 0.05 and 0.02 btc. My crystal bowl tells me  that btc will be around $4000  and $6000 by end of the  year. The 28nm miners will not be improved for x11 (no market). My miners will nearly pay off the electric bill.

Then crypto world is sleeping .....

Wake up, wake up. Did you hear about Bitcoin .... BOEM bulls are back and bigger then ever  my miners are running big time. X11 algo is growing again, but first the 7nm chips go to btc and ltc. I milk and milk my D3 cows untill the X11 miners with 16nm, 10nm or 7nm chips are there.

Uhm, just speculating 

[Dopert]

Did somebody recalculate there rental profits? I get 0.00003 eth a hour for 5000 occupied rented tokens at rate 4,2 cents. That is $10 per month!?

It schould be $30 for every kwh (1000 tokens) for 5000 tokens it schoulc be $160 a month ... i am missing 150 bucks here 

[Dopert]

Did somebody recalculate there rental profits? I get 0.00003 eth a hour for 5000 occupied rented tokens at rate 4,2 cents. That is $10 per month!?

It schould be $30 for every kwh (1000 tokens) for 5000 tokens it schoulc be $160 a month ... i am missing 150 bucks here 

Look futher then your nose. Rental payouts can by done in any crypto where they are rented out for 

[server]

http://cryptomining-blog.com/9559-you-may-want-to-stay-away-from-giga-watts-services/

Get your shit together guys !
This is not a very good publicity !

It's the truth. Inconvenient much ?

[John Cryp]

I finally have the tokens for a bit over a week now... but upto now not 100% fully rented out at the lowest rate... how is this still possible in this demanding market?

Profits do seem to be pretty low. Can you guys clarify on that?

[GlobalProtection]

Now Bitmain sells them for $550 and i have 4x $200 coupons from Bitmain, because they oversold the market earlier.

With GW psu and shipping and install cost its like $660,- each. Best deal ever 

Do you mean you can combine coupons together and order just one miner if you want to using three or four coupons?