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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 144578 times)
tribunus
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June 16, 2017, 05:44:09 PM
 #601

I have a question regarding the rental fee discount benefit of the tokens:
Say that I have an L3 miner with a power consumption of 880W. I understand that if I have 880 tokens, I can use them to cover the 6.95 cent per kw/h rental fee (9.75c - 2.80c electricity cost on the "Small" plan). But do I need to have at least 880 tokens to get any discount, or do I get a discount proportional to the number of tokens that I have - e.g half the discount (say 3.5c instead of 6.95c) if I have 440 tokens?
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June 16, 2017, 10:33:00 PM
 #602

Well it is a pity the hardware ran out of stock. Even though later the year, the hardware would still be available, and the token less likely, it ponders one mind what to take first. I like the s9 option more though. If there was a discount, these would ran out of stock in no time.

Yes, I'm asking myself the same question. Invest more in tokens or miners? My first thought was that the limiting factor might be the tokens. Now I'm not so sure anymore because I believe many might just want to rent them out. On the other hand the miners are always sold out very quickly. Haven't seen any T9 yet.

My current ratio of distributed funds in Watt is:  3.5 Watt tokens : 1 Watt miner

Maybe we can share this ratio to get a better feeling of this "market".





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June 16, 2017, 11:06:31 PM
 #603

What is best now, to take the tokens or the hardware first? I assume the hardware is arriving first....

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Mrbates
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June 16, 2017, 11:17:19 PM
 #604

What is best now, to take the tokens or the hardware first? I assume the hardware is arriving first....

Some of the hardware was arriving first, some of it much later

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June 16, 2017, 11:21:34 PM
 #605

This is a nice project, but looks like they are not going to get all the money they wanted, possibly can make batch 3 done only.

                                 
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Mrbates
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June 16, 2017, 11:25:46 PM
 #606

This is a nice project, but looks like they are not going to get all the money they wanted, possibly can make batch 3 done only.
Still 45 days left, but I think the price fluctuations and potential flippening (as well as miners being sold out is adding together to make people unsure about mining)

ZedZedNova
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June 17, 2017, 04:16:21 AM
 #607

I'm in the queue. Earlier today I ordered an L3+ for delivery in September. Process was pretty smooth, though there was a lag from when I used https://giga-watt.com/promo/prices to initiate the purchase until the sales team contacted me. I paid in BTC, so I ended up paying about 0.1 BTC more, but in fiat it's the same price.

Once they contacted me for the purchase it was completed in under an hour.

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Anryze - Distributed Speech Recognition


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June 17, 2017, 05:42:13 AM
 #608

http://vitalik.ca/general/2017/06/09/sales.html

A very good read about token sale models from Vitalik Buterin, founder of Ethereum

Anryze ▬▬▬▬▬▬ Tokensale 12 SEPTEMBER ▬▬▬▬▬▬ Anryze
ANN Thread ❱▬❰ Facebook ❱▬❰ Telegram ❱▬❰ Twitter
Distributed Computing Power Network for Speech Recognition
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🌟 SONM ICO: 15/06/17 🌟


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June 17, 2017, 09:21:01 AM
 #609

I think,it will not be profitable to mine bitcoins after one year,so project is designet so what people will need to buy new and new tokens to have profits.I'm right?

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June 17, 2017, 01:25:10 PM
 #610

So a couple of questions about the capacity of the operation.

You state that there are 3 units already in operation (1MW, 1MW, 0.25MW) and a 0.75MW under construction, which is the first giga pod. If could you clarify what you mean by 3 units already in operation? As far as I can see you are building your first one, or am I wrong?  From what I have seen on social media you only have one giga pod being built at the moment and I have not seen pictures of the 3 you have in operation at that location.

On your time line you state there is a expansion of the unit. Which unit and why?

xcajun21
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June 17, 2017, 01:59:20 PM
 #611

Depends on the view. With Giga factory will be for long time on the plus sign. Obviously someone did not read the campaign promo.

1000 kwh is one mw, even though it seeks they would not reach the goal, is no little project. In perspective one ethereum rig with 6 cards takes from 800W+

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mesnia
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June 17, 2017, 02:22:26 PM
 #612

So I just purchased the WTT ICO. I have the most basic question.

1. When can I start renting out or start using the token for mining myself?
2. If i want to use the WTT token to mine myself what do I need to do? Do I need to purchase the mining hardware ?
3. Say I purchase the L3+ ASIC miner with power consumption of 800W and I only have 500W GTT Token? Does this mean I cannot mine to L3+'s full potential? Basically do i need to own 800W GTT token to mine with 800W rated L3+ miner?

4. Would I be able to change the coin I mine in the future? Say I purchased ASIC S9 to mine Bitcoin for now. 5 months later I decided I want to mine Litecoin. Can i change my mining preferences with the the hardware I currently owned (S9 ASIC)?

or do I absolutely fail to understand how it works?
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June 17, 2017, 02:51:21 PM
 #613

Nice project for BTC, ETH, LTC mining  Kiss
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June 17, 2017, 05:28:47 PM
 #614


My $505 investment has turned into a $616.35 value.



HashHive Limited – Innovative Technologies Of Cloud Mining • Telegram •  FacebookTwitter
Mrbates
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June 17, 2017, 11:49:07 PM
 #615

So I just purchased the WTT ICO. I have the most basic question.

1. When can I start renting out or start using the token for mining myself?
After the ico ends
2. If i want to use the WTT token to mine myself what do I need to do? Do I need to purchase the mining hardware ?
Yes
3. Say I purchase the L3+ ASIC miner with power consumption of 800W and I only have 500W GTT Token? Does this mean I cannot mine to L3+'s full potential? You should in theory be mining at full potential but you would be paying mixed hosting fees, needs a 100% answer from support though.
 do i need to own 800W GTT token to mine with 800W rated L3+ miner?
880 would be the recommended/required amount in total.
4. Would I be able to change the coin I mine in the future? Say I purchased ASIC S9 to mine Bitcoin for now. 5 months later I decided I want to mine Litecoin. Can i change my mining preferences with the the hardware I currently owned (S9 ASIC)?
 Its two different mining algorithms so no, the eth miner would be able to mine xmr, zec, and etc though when it is supported.

or do I absolutely fail to understand how it works?
Only slightly but not too bad.

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June 17, 2017, 11:50:07 PM
 #616

So if I buy 1000 tokens I can host/mine with hardware that consumes roughly 1000W of electricity and I do not have to pay any extra fees (for example for electricity)? With buying tokens I am prepaying for hosting and electricity costs?

Will the token be tradeable on a crypto market?
bosian
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June 18, 2017, 04:59:07 AM
 #617


My $505 investment has turned into a $616.35 value.




lol, this is nice investment, but only on paper for you to be happy. The moment of the truth is when it hits the exchange. It may come with $2 or $0.5, who knows.
michelem
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June 18, 2017, 07:03:42 AM
 #618

No social mesia bounties? Or free coin give aways? Sad
We have referral program for this:https://bitcointalk.org/index.php?topic=1914900.msg19103130#msg19103130

Could you add the info about how much people we have referred and how much tokens we got in the dashboard?

Get Minera. Your next bitcoin mining dashboard. Donations BTC: 1AvF29tTd6w8kvLuTp5QqLFbN6LTQDoGFQ - Try GigaWatt mining Tokens
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June 18, 2017, 01:40:06 PM
 #619

I deposit 1 eth my giga watt eth address, and its transaction was done normally.
But i cant buy a giga watt token with error code 'incorrect price_id'
How can i solve this?
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June 18, 2017, 02:08:24 PM
 #620

So if I buy 1000 tokens I can host/mine with hardware that consumes roughly 1000W of electricity and I do not have to pay any extra fees (for example for electricity)? With buying tokens I am prepaying for hosting and electricity costs?

Will the token be tradeable on a crypto market?

No. The token only represents a rental fee reduction. You must pay the electricity fee, the maintenance fee and of course the miner extra.
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