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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 161553 times)
Mrbates
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June 21, 2017, 05:45:57 PM
 #661

Some of these are very good questions & not covered by the white paper. Myself along with many other potential investors would much appreciate someone from their team to answer them if possible Grin I have an invoice I am currently sitting on and quite willing to pay if these can be answered as best they can. It would be in their interest and also save copying this out many times to the many people very willing to ask these questions privately if not. Thanks

I copy pasta'd all the above questions and sent it to their customer support; will update here when I get a reply, if it beats cryptonomos.
//will ss the email reply and post here.

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June 21, 2017, 06:33:18 PM
 #662

What happens if the cap of 30 million WTT tokens are sold?

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xcajun21
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June 21, 2017, 09:32:20 PM
 #663

Any plans to re-supply the miners ? After buying an L3+, few days later they went out of stock. Now all the models appear as out of stock, despite the fact that new batches came out on bitmain website.

I have more tokens than miners, so need to buy another miner at some point.
Hello,
B3 we doubt it, but a replacement gpu yes. L3 will be. You should contact host@giga-watt.com to be added to list for batch sale invites. You must indicate what miners you are interested in.

What hardware we could reserve invite to and how long does it usually take to validate? thanks.

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June 21, 2017, 09:43:25 PM
 #664

which market we can trade it?

Please answer this question plus I wanna ask another question. Is it possible to buy mining equipments (hardware) with our WTT tokens?

Or WTT tokens are used only in energy consumption?
Smolko
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June 21, 2017, 10:25:54 PM
 #665

which market we can trade it?

They dont know yet as it will hit the exchange once everything is set up. Will take some weeks after release.

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chip1982
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June 21, 2017, 10:44:44 PM
 #666

which market we can trade it?

Please answer this question plus I wanna ask another question. Is it possible to buy mining equipments (hardware) with our WTT tokens?

Or WTT tokens are used only in energy consumption?

No, it is not possible tu buy mining equipment with WTT tokens. Equipment currently must be paid in USD, btc, eth or ltc.

One WTT token represents a rental fee reduction to zero for one Watt mining equipment power consumption.
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June 21, 2017, 10:52:03 PM
 #667

which market we can trade it?

Please answer this question plus I wanna ask another question. Is it possible to buy mining equipments (hardware) with our WTT tokens?

Or WTT tokens are used only in energy consumption?

No, it is not possible tu buy mining equipment with WTT tokens. Equipment currently must be paid in USD, btc, eth or ltc.

One WTT token represents a rental fee reduction to zero for one Watt mining equipment power consumption.

Thank you for the clear answer. This is bad for me but if they order mining equipments for us after we pay for it, this is still okay.

So let's say I have 100 tokens. If I rent them out to another person, how much do I earn per token for a year?
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June 21, 2017, 11:26:01 PM
 #668

which market we can trade it?

Please answer this question plus I wanna ask another question. Is it possible to buy mining equipments (hardware) with our WTT tokens?

Or WTT tokens are used only in energy consumption?

No, it is not possible tu buy mining equipment with WTT tokens. Equipment currently must be paid in USD, btc, eth or ltc.

One WTT token represents a rental fee reduction to zero for one Watt mining equipment power consumption.

Thank you for the clear answer. This is bad for me but if they order mining equipments for us after we pay for it, this is still okay.

So let's say I have 100 tokens. If I rent them out to another person, how much do I earn per token for a year?

Please see the calculator on https://cryptonomos.com/wtt/

With a rental fee of 4.2 c/kWh you get  0.1$/day. Of course it depends on the availabilty of rental demand. There are higher fees up to 6.45 c/kWh though.
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June 22, 2017, 01:02:03 AM
 #669

What happens if the cap of 30 million WTT tokens are sold?
They get distributed within a week of the ico sale date, and can be withdrawn/traded/exchanged/rented


which market we can trade it?

Please answer this question plus I wanna ask another question. Is it possible to buy mining equipments (hardware) with our WTT tokens?

Or WTT tokens are used only in energy consumption?
You can't trade an ico coin until its released and an exchange adds it.

No, only btc/ltc/eth/usd
WTT tokens are only used in reducing your mining costs and for renting tokens to other miners.

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June 22, 2017, 05:32:25 AM
 #670

Why did you not add my Vietnamese translation on OP ? I submit it already for a long ago, sir.
ANN thread : https://bitcoingarden.org/forum/index.php?topic=15179
FAQ : https://bitcoingarden.org/forum/index.php?topic=15179.msg159725#msg159725
Whitepaper : https://drive.google.com/open?id=0B1P2YHZTQQw-TkdlWmp4UE9MRnc
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June 22, 2017, 06:20:58 AM
 #671

An interesting interview on GigaWatt-https://www.investitin.com/cryptocurrency-mining-investment/. Please let me know if this can be improved?
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June 22, 2017, 08:20:56 AM
 #672

I must pay you for a miners and buy tokens? It is complicated. When gigawatt token value rises, costs of minig rises too?



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No coNnecT
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June 22, 2017, 09:58:11 AM
 #673

At what price BTC cost for purchase of tokens of Giga Watt is calculated?
For example: Today I want to buy Giga Watt tokens for the sum of 1 BTC. 1 BTC = $2667 is meant by I will receive 2667/1.05 = 2540 WTT tokens? If tomorrow 1 BTC costs $3150 and I will buy tomorrow I mean I will receive 3150/1.05 = 3000 WTT tokens? Explain how this happens?

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June 22, 2017, 12:06:11 PM
 #674

They convert the btc instantly, then build new Giga Pods in the factory. Would make sense to convert the btc after ico is over but then who is gonna assume everybody is okay with that, and then, when have time to build the pods, also. The question make no sense.

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June 22, 2017, 12:18:12 PM
 #675

When segwit btc activate, what you do with all antminers?
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June 22, 2017, 12:31:29 PM
 #676

Guys,

I didn't find it, but will there be a possibility to use GPUs to mine on this facility?

Cheers,
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June 22, 2017, 05:40:50 PM
 #677

Does anyone here happen to know if buying miners direct from Bitmain, can we have them shipped directly to Gigawatt's facility? Actually, two questions:

1) Will Bitmain allow this?

2) Will Gigawatt take responsibility for receiving them on miners' behalf?

Thx,

RRM
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June 22, 2017, 05:59:47 PM
 #678

Does anyone here happen to know if buying miners direct from Bitmain, can we have them shipped directly to Gigawatt's facility? Actually, two questions:

1) Will Bitmain allow this?

2) Will Gigawatt take responsibility for receiving them on miners' behalf?

Thx,

RRM

I've asked them the same thing already, so I can take this.

Currently they don't accept any own miners, no space left. As soon as you have tokens, you can decide to send your own miners. Make sure you as well order the PSU.

But do the math, miner + PSU + cords + delivery + set-up cost should more or less add up to bitmain's price. At least giga-watt doesn't have an unreasonable margin on this, so I think it's fair to do it via them.

Edit: As well think about any sort of import tax issues. After all these products are shipped out of China, not sure they will add some US import tax or whatever on top of it and not sure giga-watt will deal with it all.
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June 22, 2017, 06:09:48 PM
 #679

Ah, yes thanks, that makes sense. Appreciate the quick reply!
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June 22, 2017, 07:17:47 PM
 #680

Has anyone here gone through the invoicing process at Gigawatt? Has it gone smoothly? Anything to watch for?

[EDIT] Also, has anyone here not associated with Gigawatt visited the facilities and can you comment?
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