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

[cryptonomos]

First ever tokens backed by hardware infrastructure

How? what hardware you own? sounds like a joke to me and advertisement.

this is mining contract coin ?

Each Giga Watt Token (WTT) represents the right to use the Giga Watt processing center's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Token owners can use this capacity to accommodate their own miners or to rent it out to other users. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold.
Here you can read more about that https://cryptonomos.com/wtt/#/tokens

No surprise with a newbie launched ICO and nothing new for the coin. lmao

Actually, we're not so much beginners. Our CEO Dave Carlson was there when the mining started.
Here you watch a movie about him https://www.youtube.com/watch?v=BoT-y5FPoqw

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[cryptonomos]

START at June 2, 2017 at 12:00 PM PDT, that date of crowdsale or started of launched?

June 2 is crowdsale start

[cryptonomos]

Giga Watt's billboard on the 405, on the way to LAX. If youfind yourself in SoCal drive by and check it out
https://www.reddit.com/r/Bitcoin/comments/69mugf/amazing_bitcoin_billboard_near_lax/

[BitsifyOfficial]

Hmm I think I'll pass on this one, after all I like mining coins myself. It gives you a different sense of achievement, like your doing something good for yourself, rather than renting out on a cloud servers, not to mention the risks involved with cloud servers in general.

But anyway, best of luck dude

[cryptonomos]

But anyway, best of luck dude

Thank you!

[cryptonomos]

dev, can you make a picture with your face and a piece of paper with the topic url and time?

Oke leave the face, but make a picture where you hold a piece of paper in front of your miners with topic url and date and time. Easy thing to do right?

Ok, we will give you a photo proof on Monday, is that okay?

[davide72]

dev reserve any italian translations for me thanks

[cryptonomos]

CoinDesk about Giga Watt:
http://www.coindesk.com/tokenized-bitcoin-mines-new-startup-giga-watt-unveils-ico-plan/

[boonf1]

Dev, everythink sounds great. I just have 2 questions bothering me.
1. If you are so Long in business, why do you have a newbie account?
2. If I buy, let's say 1000 Tokens, what would be the hash power (eg. SHA256) I woul get for them?

[Hunterwolfie]

Giga Watt's billboard on the 405, on the way to LAX. If youfind yourself in SoCal drive by and check it out
https://www.reddit.com/r/Bitcoin/comments/69mugf/amazing_bitcoin_billboard_near_lax/

i think the pizza was bought for 10,000 BTC.....not 5,000...

[a7594li]

Are you trying to scale up the mine

[cryptonomos]

i think the pizza was bought for 10,000 BTC.....not 5,000...

it was 2 pizzas for 5,000 BTC each  

Are you trying to scale up the mine

Sorry, what did you mean by that?

[cryptonomos]

If you are so Long in business, why do you have a newbie account?

1. Dave Carlson also has an account here. His account is VIP Sr. Member status. I am a newbie, indeed - I have not been in blockchain for so long yet, but I am in charge of forum and telegram channel. We could, of course, post from Dave's account, but that means we would need to distract him from building facilities and all other updates; we don't want to let future tokenholders down on the ICO dates.

If I buy, let's say 1000 Tokens, what would be the hash power (eg. SHA256) I woul get for them?

Tokens themselves do not have hash power. We got 2 products:

• Tokens - each Giga Watt Token (WTT) represents the right to use the Giga Watt processing center's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Token owners can use this capacity to accommodate their own miners or to rent it out to other users. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold.
• Mining - Giga Watt facilities where you can accomodate your miners, or buy miners right from us. More information can be found here: https://giga-watt.com/promo/plans

[landslide]

If you are so Long in business, why do you have a newbie account?

1. Dave Carlson also has an account here. His account is VIP Sr. Member status. I am a newbie, indeed - I have not been in blockchain for so long yet, but I am in charge of forum and telegram channel. We could, of course, post from Dave's account, but that means we would need to distract him from building facilities and all other updates; we don't want to let future tokenholders down on the ICO dates.

If I buy, let's say 1000 Tokens, what would be the hash power (eg. SHA256) I woul get for them?

Tokens themselves do not have hash power. We got 2 products:

• Tokens - each Giga Watt Token (WTT) represents the right to use the Giga Watt processing center's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Token owners can use this capacity to accommodate their own miners or to rent it out to other users. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold.
• Mining - Giga Watt facilities where you can accomodate your miners, or buy miners right from us. More information can be found here: https://giga-watt.com/promo/plans

interesting concept... but I don't get what I get from the token, the right to use Giga Watt processing center's capacity?? what does it mean? that I can rent the miner there and use for 1 watt per token? 1 watt of electricity will cost me $1? Isn't that way too expensive?

I really don't understand what I really buy the tokens for, just an illusion that I own something in the virtual world?

[cryptonomos]

If you are so Long in business, why do you have a newbie account?

1. Dave Carlson also has an account here. His account is VIP Sr. Member status. I am a newbie, indeed - I have not been in blockchain for so long yet, but I am in charge of forum and telegram channel. We could, of course, post from Dave's account, but that means we would need to distract him from building facilities and all other updates; we don't want to let future tokenholders down on the ICO dates.

If I buy, let's say 1000 Tokens, what would be the hash power (eg. SHA256) I woul get for them?

Tokens themselves do not have hash power. We got 2 products:

• Tokens - each Giga Watt Token (WTT) represents the right to use the Giga Watt processing center's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. Token owners can use this capacity to accommodate their own miners or to rent it out to other users. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold.
• Mining - Giga Watt facilities where you can accomodate your miners, or buy miners right from us. More information can be found here: https://giga-watt.com/promo/plans

interesting concept... but I don't get what I get from the token, the right to use Giga Watt processing center's capacity?? what does it mean? that I can rent the miner there and use for 1 watt per token? 1 watt of electricity will cost me $1? Isn't that way too expensive?

I really don't understand what I really buy the tokens for, just an illusion that I own something in the virtual world?

Owning 1 WTT token gives you permanent access to 1 watt of power of Giga Watt facilities. WTT tokens offer you the opportunity to build your own flexible business: In the next 50 years you will be free to choose what works best for you – to mine cryptocurrencies personally or to rent out your tokens and receive steady income. Here are advantages you will get from buying tokens:

-Owning the world's first token supported by production capacity;
-Tokens offer access to the facilities of one of the largest crypto mining service providers in USA.
-WTT tokens can be used from the very first date of issue.
-Facility has a 50-year lifecycle (compared to 2.5 years for miners, due to constant increase in mining difficulty)
-Opportunity to receive income from renting tokens out to others rather than engage in mining personally.

[Frank37]

Very interesting project, and i like to hear that the sun (source of hydroelectric power) gives the energy for this, hand in hand with nature, this is the future.

[hugs1BTC]

I was all excited and stuff when I read the title (I am an old miner) and then realized it's a pre-sale token

[CrackDown]

indonesian bounty for me please..

[cryptonomos]

I was all excited and stuff when I read the title (I am an old miner) and then realized it's a pre-sale token

Don't worry, if you do not get a chance to become part of pre-sale on May 19th, you can always participate in the ICO just 2 weeks later

WTT Token Offering:
START June 2, 2017 at 12:00 PM PDT
END July 31, 2017 12:00 PM PDT

[knobson]

@cryptonomos  If you need Russian translation, contact me via PM please