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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 145751 times)
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June 27, 2017, 05:52:18 AM
 #761

Alright...

Essential and legitimate questions being avoided, both here and via email. As much as I wanted to believe in the project and invest, I'm gonna be just out of this one.

GW team SHOULD be on that forum, and clarify points that need to be.

Pretty bad move in the era of the 1000 ICOs, wish you all the best nevertheless Smiley
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June 27, 2017, 06:41:57 AM
 #762

Alright...

Essential and legitimate questions being avoided, both here and via email. As much as I wanted to believe in the project and invest, I'm gonna be just out of this one.

GW team SHOULD be on that forum, and clarify points that need to be.

Pretty bad move in the era of the 1000 ICOs, wish you all the best nevertheless Smiley

Agreed a GW support member should be here to answer the questions.

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June 27, 2017, 11:56:01 AM
 #763

When are the miners available for sale again on the gigawatt website?
I want the L3+.  Wink
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June 27, 2017, 12:36:47 PM
 #764

Τhe Greek translation is updated here

https://bitcoingarden.org/forum/index.php?topic=15337.msg159682#msg159682


and here


https://bitcointalk.org/index.php?topic=1954941.0;all

★★★ 295+ GREEK★★★TRANSLATIONS ★★★
FAST ★★★ FLAWLESS ★★★ CHEAP ★★★ https://bitcointalk.org/index.php?topic=1175769.new#new
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June 27, 2017, 12:50:30 PM
 #765

Is there anyone from Giga-watt on this thread to give answers with respect to hosting your own equipment? Any details on the requirements of hosting your equipment?

Here, let me read the:

for you. Perhaps you might find the following paragraph on page 8 of the:

of interest. It says, "Clients who have their own mining equipment can host it at Giga Watt at the same hosting prices, with the only difference of paying the following setup fees: USD 20 per ASIC-based miner, USD 40 per GPU-based miner11.

You're welcome.

Yes, I have read the whitepaper and the website. When I contacted the hosting team of Giga-Watt, I provided them with the dimensions of a commercial mining rig that I have found and supplied them the URL where the miner is for sale and where all the information can be found. I got the reply that they could not open URL's (Huh) and that the mining equipment should not be 'raised rigs'. What is this raised rigs? I would expect some kind of dimensional constraint to the mining equipment, but they did not reply to that, since I specifically mentioned the dimensions of the rig in my email.

So, nowhere there is mentioned that raised rig equipment is not allowed. Also on my email I did not get an conclusive answer on whether the mining equipment that I have found is allowed or not. And i am not going to order some mining equipment when I am not sure whether it can be placed..... Quite an unsatisfactory reply imo....

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xcajun21
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June 27, 2017, 01:35:32 PM
 #766

Alright...

Essential and legitimate questions being avoided, both here and via email. As much as I wanted to believe in the project and invest, I'm gonna be just out of this one.

GW team SHOULD be on that forum, and clarify points that need to be.

Pretty bad move in the era of the 1000 ICOs, wish you all the best nevertheless Smiley

Agreed a GW support member should be here to answer the questions.

Actually they are pretty friendly and non stop on telegram channel. They talk about anything related.

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GITHUB
TWITTER
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Mrbates
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June 27, 2017, 02:28:51 PM
 #767

Alright...

Essential and legitimate questions being avoided, both here and via email. As much as I wanted to believe in the project and invest, I'm gonna be just out of this one.

GW team SHOULD be on that forum, and clarify points that need to be.

Pretty bad move in the era of the 1000 ICOs, wish you all the best nevertheless Smiley

Agreed a GW support member should be here to answer the questions.

Actually they are pretty friendly and non stop on telegram channel. They talk about anything related.

We have people unable to read the whitepaper, telegram seems a stretch  Cheesy

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June 27, 2017, 04:17:56 PM
 #768

I have two questions regarding renting out WTT tokens.
Is there a virtual rental agreement where we can specify the duration of the agreement?
As the token owner, can I terminate the rental agreement anytime if I wanted to utilize the rented tokens for my own miner?

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June 27, 2017, 04:39:45 PM
 #769

Is there anyone from Giga-watt on this thread to give answers with respect to hosting your own equipment? Any details on the requirements of hosting your equipment?

The only requirements are "GPUs directly on the motherboard" style, in box, with fans.  NO RISER based rigs.
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June 27, 2017, 04:41:37 PM
 #770

When does Phase 2 pricing end?
and rate goes to $1.10?
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June 27, 2017, 04:50:38 PM
 #771

Alright...

Essential and legitimate questions being avoided, both here and via email. As much as I wanted to believe in the project and invest, I'm gonna be just out of this one.

GW team SHOULD be on that forum, and clarify points that need to be.

Pretty bad move in the era of the 1000 ICOs, wish you all the best nevertheless Smiley

We apologize for not responding as quick as possible, since this is a new company and due to high volume of inquiries, we are doing our best to keep up. With our team expanding, we are able to respond in a quicker manner. Support@giga-watt.com is best contact for any specific questions, but please feel free to ask any additional questions as needed.
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June 27, 2017, 05:53:08 PM
 #772

When does Phase 2 pricing end?
and rate goes to $1.10?

We are mid week into week 3, rates go up week 5. Please refer to the website https://cryptonomos.com/wtt/contacts for more information.
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June 27, 2017, 06:39:06 PM
 #773

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

We apologize for the absence in response. As a new company and high volume of requests, we are expanding daily to keep up with these inquiries and also questions posted on forums. If you have a specified questions please email support@giga-wat.com  Thank you for your patience.
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June 27, 2017, 07:02:16 PM
 #774

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

We apologize for the absence in response. As a new company and high volume of requests, we are expanding daily to keep up with these inquiries and also questions posted on forums. If you have a specified questions please email support@giga-wat.com  Thank you for your patience.

Great, gigawatt-support finally on board!

Please answer post #667, then we all profit from the answer instead of individually emailing you.
xcajun21
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June 27, 2017, 07:14:59 PM
 #775

I have two questions regarding renting out WTT tokens.
Is there a virtual rental agreement where we can specify the duration of the agreement?
As the token owner, can I terminate the rental agreement anytime if I wanted to utilize the rented tokens for my own miner?



I am 95% certain that Is not the case. I reckon there will be contracts on a period of time and with this goes a higher / or a lower fee.
Let me ask on telegram though

edit: "Vlad:
For now, there is not rental agreement in terms of time"

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YOUTUBE
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June 27, 2017, 08:09:40 PM
 #776

Alright...

Essential and legitimate questions being avoided, both here and via email. As much as I wanted to believe in the project and invest, I'm gonna be just out of this one.

GW team SHOULD be on that forum, and clarify points that need to be.

Pretty bad move in the era of the 1000 ICOs, wish you all the best nevertheless Smiley

We apologize for the absent responses. We have a high volume in requests and questions and are trying to get to each as soon as possible. Our best way of contact is Support@giga-watt.com  We are expanding our company to include a better online support team to help with forums and other threads. Again, we apologize but please send any specific questions to the email listed above.
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June 27, 2017, 08:30:52 PM
 #777

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?

At this time we are only accepting Bitcoin and US wire transfer for currency to purchase equipment. For further WTT token questions please email support@cryptonomos.com  with specific questions.

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June 27, 2017, 09:04:16 PM
 #778

Dave, Cryptonomos Hello,

I am interested in buying tens to hundreds of thousands of WTT. At first I was quite excited with your idea but after careful examination I'm not so sure and I have some serious questions about your business model.

1. If space requirement for mining equipment doubles per 1W of power due to Moore's law in semiconductor manufacturing advances. Power consumption of chips drops down significantly with each generation. I have the following question.
For Example:
Currently some Mining GPU setup is taking 60x60x60 cm of space and consumes 1Kw/h of electricity.
In two years if equipment is upgraded to latest models that will require TWO GPU setups of 60x60x60 cm for the same 1Kw/h of electricity.

To meet your obligations to WTT token holders, Will Giga-Watt build new Giga-pods on a constant basis and allocate the additional space required for equipment upgrades on demand every couple of years for 50 years ?!?

2. Will Giga-Watt provide some storage to customers for spare parts for mining equipment that will wear out?
3. What about Network bandwidth? How much is provided with each 1W of power? Is there an option to buy more bandwidth?
4. What are the moisute levels in the area of the Giga-Watt pods? What is the effect on equipment from your experience? Is there rust after 1-2 years of operation?
5. You say you can meet customers custom demands. Why are you not providing your co-location customers the ability for remote access to their equipment hosted at your facilities?
Are your customers able to manage their hosted mining hardware themselves and have full control of it?
The equipment is managed by professionals with years of experience in mining.
They understand what is profitable to mine now, which pool is more profitable, etc.
They can quickly repair equipment.
We are in the same boat, the more profitable for you, the more profitable for Giga Watt.
So your technicians will decide what is profitable to mine on behalf of your customers and on their equipment? What is this??
You say repeatedly throughout the thread that customers can choose what coins they mine. Then you say exactly the opposite.

6. On the below comment you state there are not set up fees. But later in this thread you stated there is one time setup fee of $20 for aciscs and $40 for GPU rigs. Are there any other Hidden fees?
Otherwise i see no real difference to cloud mining.
First and foremost it is our transparency. Giga Watt's facility is a real-life tangible project which you can tour if you attend our Open House, which we hold twice a month. Giga Watt's customers own the specific equipment: They know their serial numbers and can see them on the shelves in the unit. Another advantage is that Giga Watt's customers purchase their equipment at cost, without any markup, pay zero setup fees and extremely low effective electricity and maintenance fees: just 2.8с и 0.5с per kW/h respectively.

7. Who are "retail customers"? Customers who buy full turnkey mining or WTT token holders?
From https://cryptonomos.com/wtt/faq
"Does Giga Watt only mine bitcoins?
Giga Watt mines all scalable cryptocurrencies: BTC, LTC, ETH/MONERO/ZCASH/DASH. The decision of what currency to mine is made by the customers who own the mining equipment. But at this stage it is technically impossible to offer all of these options to retail customers. Giga Watt is working on the solution, and hopefully in the future this option will be offered. At this point retail customers can mine only BTC, ETH, and LTC."

8. If you don't provide your customers with remote access to their equipment. How can your customers be sure you are not overclocking their equipment for  for 10-15% to your advantage (especially GPU setups) in expense of the lifetime of the equipment?
9. Cryptonomos. Who are you? What is your name? Would be nice to know who are we talking to. Are you a Cryptonomos or Giga-Watt employee? I you rather prefer to remain anonymous. Please ask Dave Carlson to answer these questions from his account here on BitcoinTalk.
10. What exactly is included in $0.5 cents maintenance fee? Which kind of work/procedures?
11. If I decide to power off my miners for a period of time. Will there be any charges? Since I paid for the rent for 50 year ahead can I store my miners there even if they are offline as how much as I need?

Unless you can provide satisfying answers to the above questions, Especially question 1 and 5. I will unfortunately have to pass on your business proposal.

The ability for me to fully control my hosted hardware via remote access is a "To be or not to be" type of issue.

Best Regards.




Due to the specifics of your questions, please refer these questions to Support@giga-watt.com.
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June 27, 2017, 09:40:05 PM
 #779

Dave, Cryptonomos Hello,

I am interested in buying tens to hundreds of thousands of WTT. At first I was quite excited with your idea but after careful examination I'm not so sure and I have some serious questions about your business model.

1. If space requirement for mining equipment doubles per 1W of power due to Moore's law in semiconductor manufacturing advances. Power consumption of chips drops down significantly with each generation. I have the following question.
For Example:
Currently some Mining GPU setup is taking 60x60x60 cm of space and consumes 1Kw/h of electricity.
In two years if equipment is upgraded to latest models that will require TWO GPU setups of 60x60x60 cm for the same 1Kw/h of electricity.

To meet your obligations to WTT token holders, Will Giga-Watt build new Giga-pods on a constant basis and allocate the additional space required for equipment upgrades on demand every couple of years for 50 years ?!?

2. Will Giga-Watt provide some storage to customers for spare parts for mining equipment that will wear out?
3. What about Network bandwidth? How much is provided with each 1W of power? Is there an option to buy more bandwidth?
4. What are the moisute levels in the area of the Giga-Watt pods? What is the effect on equipment from your experience? Is there rust after 1-2 years of operation?
5. You say you can meet customers custom demands. Why are you not providing your co-location customers the ability for remote access to their equipment hosted at your facilities?
Are your customers able to manage their hosted mining hardware themselves and have full control of it?
The equipment is managed by professionals with years of experience in mining.
They understand what is profitable to mine now, which pool is more profitable, etc.
They can quickly repair equipment.
We are in the same boat, the more profitable for you, the more profitable for Giga Watt.
So your technicians will decide what is profitable to mine on behalf of your customers and on their equipment? What is this??
You say repeatedly throughout the thread that customers can choose what coins they mine. Then you say exactly the opposite.

6. On the below comment you state there are not set up fees. But later in this thread you stated there is one time setup fee of $20 for aciscs and $40 for GPU rigs. Are there any other Hidden fees?
Otherwise i see no real difference to cloud mining.
First and foremost it is our transparency. Giga Watt's facility is a real-life tangible project which you can tour if you attend our Open House, which we hold twice a month. Giga Watt's customers own the specific equipment: They know their serial numbers and can see them on the shelves in the unit. Another advantage is that Giga Watt's customers purchase their equipment at cost, without any markup, pay zero setup fees and extremely low effective electricity and maintenance fees: just 2.8с и 0.5с per kW/h respectively.

7. Who are "retail customers"? Customers who buy full turnkey mining or WTT token holders?
From https://cryptonomos.com/wtt/faq
"Does Giga Watt only mine bitcoins?
Giga Watt mines all scalable cryptocurrencies: BTC, LTC, ETH/MONERO/ZCASH/DASH. The decision of what currency to mine is made by the customers who own the mining equipment. But at this stage it is technically impossible to offer all of these options to retail customers. Giga Watt is working on the solution, and hopefully in the future this option will be offered. At this point retail customers can mine only BTC, ETH, and LTC."

8. If you don't provide your customers with remote access to their equipment. How can your customers be sure you are not overclocking their equipment for  for 10-15% to your advantage (especially GPU setups) in expense of the lifetime of the equipment?
9. Cryptonomos. Who are you? What is your name? Would be nice to know who are we talking to. Are you a Cryptonomos or Giga-Watt employee? I you rather prefer to remain anonymous. Please ask Dave Carlson to answer these questions from his account here on BitcoinTalk.
10. What exactly is included in $0.5 cents maintenance fee? Which kind of work/procedures?
11. If I decide to power off my miners for a period of time. Will there be any charges? Since I paid for the rent for 50 year ahead can I store my miners there even if they are offline as how much as I need?

Unless you can provide satisfying answers to the above questions, Especially question 1 and 5. I will unfortunately have to pass on your business proposal.

The ability for me to fully control my hosted hardware via remote access is a "To be or not to be" type of issue.

Best Regards.




Due to the specifics of your questions, please refer these questions to Support@giga-watt.com.

NO! I have the same questions and many others likely too, so save your time and post your replies here!!!
jakeyourlilly
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June 27, 2017, 09:51:05 PM
 #780

you could always just email the GW support staff directly with your questions and share your findings here, of course. I had emailed them direct and found the responses to be very quick (same day) and helpful.
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