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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 144580 times)
raynman
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June 29, 2017, 03:09:36 AM
 #801

Can rented tokens be traded on a exchange by the token owner?

Assuming that WTT becomes tradeable.

Yes
What if the buyer of my rented tokens wanted to use them to host a miner with Gigawatt?
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Mrbates
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June 29, 2017, 05:44:19 AM
 #802

Can rented tokens be traded on a exchange by the token owner?

Assuming that WTT becomes tradeable.

Yes
What if the buyer of my rented tokens wanted to use them to host a miner with Gigawatt?

They would have bought them on an exchange and would therefore own the tokens as well as what the tokens offer - rental space (when its available, as to prevent spam token trading for mining space)


raynman
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June 29, 2017, 06:42:37 AM
 #803

Can rented tokens be traded on a exchange by the token owner?

Assuming that WTT becomes tradeable.

Yes
What if the buyer of my rented tokens wanted to use them to host a miner with Gigawatt?

They would have bought them on an exchange and would therefore own the tokens as well as what the tokens offer - rental space (when its available, as to prevent spam token trading for mining space)


My question is, will the buyer of my rented tokens continue with the rental agreement I had earlier.
If the buyer has no miner, that is fine. He can continue to collect rental from my rented tokens.
The problem arises when he actually wanted to buy WTT tokens to host his own miner with Gigawatt.
After buying my rented tokens, he can't use them to host his own miner.
woogod
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June 29, 2017, 06:53:43 AM
 #804

Hi is there a OTC board for this?
Interested in trying it out in the future.
Also what kind of policy does Giga Watt have around miners if they break in their facility?


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Albortz
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June 29, 2017, 01:35:17 PM
 #805

But to safe you time my questions are about taxation, if there is the need to open up a legal entity if i want to conduct business with Giga based on the different type of options (renting out the space or operating my own miner), all under the premises of NOT being a US citizen nor green card holder.   

It seems that you have questions about tax issues/concerns for an international company where the management team resides in one jurisdiction (aka country) and the physical assets exist in another. Rather than relying on the internet for advice from people you do not know on subjects that they may not know, you would probably be best served by retaining a tax attorney or firm that is well versed in these kinds of entities and situations.



This is true and I already went to one of the big four that they will assist me. I still believe they should at least know what the situation would be for at least american citizen. That they can't tell me about my international structure and what double taxation agreements exist or don't exist is obvious.


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Mrbates
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June 29, 2017, 06:31:21 PM
 #806

Can rented tokens be traded on a exchange by the token owner?

Assuming that WTT becomes tradeable.

Yes
What if the buyer of my rented tokens wanted to use them to host a miner with Gigawatt?

They would have bought them on an exchange and would therefore own the tokens as well as what the tokens offer - rental space (when its available, as to prevent spam token trading for mining space)


My question is, will the buyer of my rented tokens continue with the rental agreement I had earlier.
If the buyer has no miner, that is fine. He can continue to collect rental from my rented tokens.
The problem arises when he actually wanted to buy WTT tokens to host his own miner with Gigawatt.
After buying my rented tokens, he can't use them to host his own miner.
Oh the renter of the tokens would just receive a price cut on their rentals, so they would already have their miners there if they're renting.
I thought you meant purchasing from an exchange, which would just be waiting around and stuff

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June 29, 2017, 07:07:01 PM
 #807

ok giga watt, you've lost me! I've asked you now several times the same question and you keep ignoring it. There is no reason to not answer these questions in this forum - too fishy for me.

Good luck for the rest!

I can answer some of the questions that I will personally ask them on slack. I am not lazy to join slack or telegram.
aycaramba
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June 29, 2017, 08:32:24 PM
 #808

ok giga watt, you've lost me! I've asked you now several times the same question and you keep ignoring it. There is no reason to not answer these questions in this forum - too fishy for me.

Good luck for the rest!

I can answer some of the questions that I will personally ask them on slack. I am not lazy to join slack or telegram.

Pointless statement. What does it have to do with laziness if they simply refuse to answer these relevant questions in the forum? What's the point of dozens of people asking the same question via email or wherever else they refer to?

Anyhow, I won't join this ICO for this reason, lean back instead and observe how the guinea pigs are doing...
LazyJones
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June 30, 2017, 04:45:05 AM
 #809

Hello,
I am one of those early adopter 'guinea pigs' that you describe.
I purchased 3100 wtt tokens and 2 l3+'s.
When it was discovered that the money that was meant for the l3+'s was sent to the crypto account instead of giga-watt (thanks bank!), GW helped me fix the issue and complete my purchase.
Looking forward to this progressing forward and succeeding.
I'll keep you updated.

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Do good, bro)


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June 30, 2017, 04:58:22 AM
 #810

First I'd like to say I really like the concept and how it brings economies of scale to small miners, but I'd like to hear from any here who are actually running miners now at the Gigawatt facilities, either your own or purchase through Gigawatt.

I'd be curious to know about how billing, installation, payments, maintenance, outages, etc. are handled in reality.

Anyone here already mining?

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xderek
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June 30, 2017, 04:02:03 PM
 #811

ok giga watt, you've lost me! I've asked you now several times the same question and you keep ignoring it. There is no reason to not answer these questions in this forum - too fishy for me.

Good luck for the rest!

I can answer some of the questions that I will personally ask them on slack. I am not lazy to join slack or telegram.

Pointless statement. What does it have to do with laziness if they simply refuse to answer these relevant questions in the forum? What's the point of dozens of people asking the same question via email or wherever else they refer to?

Anyhow, I won't join this ICO for this reason, lean back instead and observe how the guinea pigs are doing...

My mail was answered, and I just asked about available offers. Someone is holding a pin, but is not their fault for your misunderstanding? I am on telegram and I see same questions answered over and over.
Giga-Watt Support
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June 30, 2017, 08:57:34 PM
 #812

Hi is there a OTC board for this?
Interested in trying it out in the future.
Also what kind of policy does Giga Watt have around miners if they break in their facility?



We do have a factory warranty with all miners. Bitmain offers a 180 day warranty on miners from the shipdate. We offer a Supplementary Service Plan which covers labor & repairs, but does not cover parts, however we do house all parts for repairs, so there is no wait time for ordering and shipping. The cost for a 1-2 year plan is 5% of the value of the hardware, and the 3 year plan is 7% of the value of the hardware. If you don't purchase the plan, you are responsible for the costs of part and labor to repair the miner.

Please let me know if you have any other questions.
iGotHope
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June 30, 2017, 10:40:47 PM
 #813

I was wondering if I can get a computational example...

Now with a token of 880 per Antminer L3+ How would this one looked like?

                               ç/              ç/                  $/
                              kW/h      W/day      kW/month

Hosting fee
Electriciy fee
Maintenance fee
Rental fee

Mrbates
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July 01, 2017, 04:29:39 AM
 #814

I was wondering if I can get a computational example...

Now with a token of 880 per Antminer L3+ How would this one looked like?

                               ç/              ç/                  $/
                              kW/h      W/day      kW/month

Hosting fee
Electriciy fee
Maintenance fee
Rental fee



Around 3c kw/h.

raynman
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July 01, 2017, 04:54:49 AM
 #815

It is actually 3.3 cents per KwH, to be exact.  Grin
Mrbates
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July 01, 2017, 05:20:26 AM
 #816

It is actually 3.3 cents per KwH, to be exact.  Grin

Thats for 1000 watts, a L3 miner uses 880.


I did see how me typing .03c could be misinterpreted though.
Modified it to say 3 cents lol.

raynman
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July 01, 2017, 05:35:22 AM
 #817

It is actually 3.3 cents per KwH, to be exact.  Grin

Thats for 1000 watts, a L3 miner uses 880.


I did see how me typing .03c could be misinterpreted though.
Modified it to say 3 cents lol.
If the L3+ miner is rated at 880W, then in one hour it consumes 880/1000 = 0.88 KwH.

Over 24 hours (1 day) it consumes 0.88 x 24 = 21.21 KwH.

At 3.3 cents per KwH, the L3+ will cost 69.696 cents per day. This is very cheap electricity cost.  Grin
Albortz
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July 01, 2017, 07:43:07 PM
 #818

Anyone in here, who actually mines with Giga or has Miners send them?

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Mrbates
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July 01, 2017, 07:46:14 PM
 #819

It is actually 3.3 cents per KwH, to be exact.  Grin

Thats for 1000 watts, a L3 miner uses 880.


I did see how me typing .03c could be misinterpreted though.
Modified it to say 3 cents lol.
If the L3+ miner is rated at 880W, then in one hour it consumes 880/1000 = 0.88 KwH.

Over 24 hours (1 day) it consumes 0.88 x 24 = 21.21 KwH.

At 3.3 cents per KwH, the L3+ will cost 69.696 cents per day. This is very cheap electricity cost.  Grin

#bookmark

This way I can save it for the next person to ask, because this was more detailed than I would give.

Thank you  Smiley

xcajun21
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July 01, 2017, 10:59:27 PM
 #820

It's cheap anyway, the hardware that is, when it does 1000% ROI. We witness world changing machine domination and the new eve of a revolution.

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