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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 161322 times)
cryptonomos
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May 31, 2017, 07:01:37 PM
 #261

A general question, if mining is profitable, why don't you use your rigs and facilities by yourself?

That would lead to centralization, which is unhealthy for the entire mining industry

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cryptonomos
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May 31, 2017, 07:08:19 PM
 #262

Given that I didn't read the whitepaper yet, can you tell me where are your facilities located and what are the probabilities of outages?

Giga Watt facilities are located at 1 Campbell Pkwy, East Wenatchee, WA 98802. What do you mean by outages?

cryptonomos
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May 31, 2017, 07:16:10 PM
 #263

I registered to the site and I'm not getting the phone confirmation code, it's correct mobile number tried to resend 3x already still none.
Is there problem with sending phone confirmation today?

Some mobile operators experience issues with sending confirmation code. We are working around that issue right now.

cryptonomos
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May 31, 2017, 07:17:21 PM
 #264

Bounty company in social networks will be?

No bounty for social networks, but you are welcome to join our 5% referral program! https://bitcointalk.org/index.php?topic=1914900.msg19103130#msg19103130

Xenocyde
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May 31, 2017, 07:42:14 PM
 #265

Given that I didn't read the whitepaper yet, can you tell me where are your facilities located and what are the probabilities of outages?

Giga Watt facilities are located at 1 Campbell Pkwy, East Wenatchee, WA 98802. What do you mean by outages?

The hydro power plant near you could pull some power shorts if it requires maintenance, but I believe you have backup generators, right?

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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May 31, 2017, 09:00:58 PM
 #266

To "rent" a miner with WTT, we'll have to use the full the number of coins/watt to benefit from the mining ?
Exemple: I will need at least 1,250 W/ WTT to use a PandaMiner B3 Plus ? So if I own, 1249WTT I would not be able to rent the Pandaminer or any fraction of it ?


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                      "▀▀▀╙
Hello!
STAKER
.The Next Proof-of-Stake.
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TronQuix
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May 31, 2017, 09:04:26 PM
 #267

Couple of questions:

1) I saw something about exchange rates being based on Kraken. On the token site they give an example of the BitPanda being $1375 or 1375 Tokens if I am understanding correctly. If I were to deposit .60 BTC right now (this is an approximate number) and the price of BTC drops 800 points again before the token launch in 2 days will my deposit price of .6b BTC = $1375 (as of writing this post), or will it be worth whatever BTC is worth at the moment the token sale goes live.

2) If we decide to use the tokens to mine, are we paid in USD or in the coin of our choice?

3) If we rent the tokens do we get paid in USD or in the coin of our choice?

Thanks in advanced
arikassuja
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May 31, 2017, 09:25:48 PM
 #268

Just for translate Huh
Is there nothing else?


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vgvv
SECURIX
|
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TronQuix
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May 31, 2017, 09:29:34 PM
 #269

To "rent" a miner with WTT, we'll have to use the full the number of coins/watt to benefit from the mining ?
Exemple: I will need at least 1,250 W/ WTT to use a PandaMiner B3 Plus ? So if I own, 1249WTT I would not be able to rent the Pandaminer or any fraction of it ?



Im curious about this too, i would assume we just pay out of pocket
Pacmanaue
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May 31, 2017, 10:17:42 PM
 #270

To "rent" a miner with WTT, we'll have to use the full the number of coins/watt to benefit from the mining ?
Exemple: I will need at least 1,250 W/ WTT to use a PandaMiner B3 Plus ? So if I own, 1249WTT I would not be able to rent the Pandaminer or any fraction of it ?


good question! i would like to know the same
....

Why do they all reserve translation work?
Do we get extra WTT or something for it? Cheesy
Then i would like to reserve translation for germany

cryptonomos
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May 31, 2017, 11:07:40 PM
 #271

Just for translate Huh
Is there nothing else?
hey dev
i want to join translate in my blog

https://medium.com/cryptonomos/giga-watt-bounty-program-fe0f0bd498a6

To "rent" a miner with WTT, we'll have to use the full the number of coins/watt to benefit from the mining ?
Exemple: I will need at least 1,250 W/ WTT to use a PandaMiner B3 Plus ? So if I own, 1249WTT I would not be able to rent the Pandaminer or any fraction of it ?


good question! i would like to know the same
....

Why do they all reserve translation work?
Do we get extra WTT or something for it? Cheesy
Then i would like to reserve translation for germany

German is already taken, but you could participate in 5% referral program! https://bitcointalk.org/index.php?topic=1914900.msg19103130#msg19103130


cryptonomos
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May 31, 2017, 11:09:24 PM
 #272

Given that I didn't read the whitepaper yet, can you tell me where are your facilities located and what are the probabilities of outages?

Giga Watt facilities are located at 1 Campbell Pkwy, East Wenatchee, WA 98802. What do you mean by outages?

The hydro power plant near you could pull some power shorts if it requires maintenance, but I believe you have backup generators, right?

Yep, you can see some power sources here: https://www.instagram.com/gigawatt_mining/

cryptonomos
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May 31, 2017, 11:10:46 PM
 #273

To "rent" a miner with WTT, we'll have to use the full the number of coins/watt to benefit from the mining ?
Exemple: I will need at least 1,250 W/ WTT to use a PandaMiner B3 Plus ? So if I own, 1249WTT I would not be able to rent the Pandaminer or any fraction of it ?



For PandaMiner you'd need 1250 + 10%, so 1375 WTT tokens. However, if you only have 1249, you would still be able to get discounted hosting on most part of your PandaMiner Smiley

cryptonomos
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May 31, 2017, 11:17:17 PM
 #274

Couple of questions:

1) I saw something about exchange rates being based on Kraken. On the token site they give an example of the BitPanda being $1375 or 1375 Tokens if I am understanding correctly. If I were to deposit .60 BTC right now (this is an approximate number) and the price of BTC drops 800 points again before the token launch in 2 days will my deposit price of .6b BTC = $1375 (as of writing this post), or will it be worth whatever BTC is worth at the moment the token sale goes live.

2) If we decide to use the tokens to mine, are we paid in USD or in the coin of our choice?

3) If we rent the tokens do we get paid in USD or in the coin of our choice?

Thanks in advanced

1) PandaMiner costs $1250, but you'd need 1375 WTT tokens to accomodate it at full hosting discount, that is correct. The amount of BTC in your wallet will be worth value corresponding to Kraken exchange at the moment of purchase. However, if BTC drops on day when buying tokens, you will receive fewer tokens, correct.
2) Tokens are not used to mine. They are used to either get hosting discount, or rent them out to get rental income.
3) You can get paid in BTC/ETH/LTC

TronQuix
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June 01, 2017, 12:17:17 AM
 #275

Couple of questions:

1) I saw something about exchange rates being based on Kraken. On the token site they give an example of the BitPanda being $1375 or 1375 Tokens if I am understanding correctly. If I were to deposit .60 BTC right now (this is an approximate number) and the price of BTC drops 800 points again before the token launch in 2 days will my deposit price of .6b BTC = $1375 (as of writing this post), or will it be worth whatever BTC is worth at the moment the token sale goes live.

2) If we decide to use the tokens to mine, are we paid in USD or in the coin of our choice?

3) If we rent the tokens do we get paid in USD or in the coin of our choice?

Thanks in advanced

1) PandaMiner costs $1250, but you'd need 1375 WTT tokens to accomodate it at full hosting discount, that is correct. The amount of BTC in your wallet will be worth value corresponding to Kraken exchange at the moment of purchase. However, if BTC drops on day when buying tokens, you will receive fewer tokens, correct.
2) Tokens are not used to mine. They are used to either get hosting discount, or rent them out to get rental income.
3) You can get paid in BTC/ETH/LTC

Ty, that answers my questions. Now, when you say they aren't used to mine, I think we are having a communication breakdown here so I just wanted to clarify. If I had 1375 worth of tokens, that would allow me to host a PandaMiner for 50 years correct?
TronQuix
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June 01, 2017, 01:08:46 AM
 #276

we really should have all been referring eachother
Pacmanaue
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June 01, 2017, 02:21:30 AM
 #277

Couple of questions:

1) I saw something about exchange rates being based on Kraken. On the token site they give an example of the BitPanda being $1375 or 1375 Tokens if I am understanding correctly. If I were to deposit .60 BTC right now (this is an approximate number) and the price of BTC drops 800 points again before the token launch in 2 days will my deposit price of .6b BTC = $1375 (as of writing this post), or will it be worth whatever BTC is worth at the moment the token sale goes live.

2) If we decide to use the tokens to mine, are we paid in USD or in the coin of our choice?

3) If we rent the tokens do we get paid in USD or in the coin of our choice?

Thanks in advanced

1) PandaMiner costs $1250, but you'd need 1375 WTT tokens to accomodate it at full hosting discount, that is correct. The amount of BTC in your wallet will be worth value corresponding to Kraken exchange at the moment of purchase. However, if BTC drops on day when buying tokens, you will receive fewer tokens, correct.
2) Tokens are not used to mine. They are used to either get hosting discount, or rent them out to get rental income.
3) You can get paid in BTC/ETH/LTC

Ty, that answers my questions. Now, when you say they aren't used to mine, I think we are having a communication breakdown here so I just wanted to clarify. If I had 1375 worth of tokens, that would allow me to host a PandaMiner for 50 years correct?

TronQuix, that seems correct- but keep in mind your pandaminer will only last 2-2.5 years.

and then its broken an you have to buy a new one?

TronQuix
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June 01, 2017, 02:52:50 AM
 #278

Couple of questions:

1) I saw something about exchange rates being based on Kraken. On the token site they give an example of the BitPanda being $1375 or 1375 Tokens if I am understanding correctly. If I were to deposit .60 BTC right now (this is an approximate number) and the price of BTC drops 800 points again before the token launch in 2 days will my deposit price of .6b BTC = $1375 (as of writing this post), or will it be worth whatever BTC is worth at the moment the token sale goes live.

2) If we decide to use the tokens to mine, are we paid in USD or in the coin of our choice?

3) If we rent the tokens do we get paid in USD or in the coin of our choice?

Thanks in advanced

1) PandaMiner costs $1250, but you'd need 1375 WTT tokens to accomodate it at full hosting discount, that is correct. The amount of BTC in your wallet will be worth value corresponding to Kraken exchange at the moment of purchase. However, if BTC drops on day when buying tokens, you will receive fewer tokens, correct.
2) Tokens are not used to mine. They are used to either get hosting discount, or rent them out to get rental income.
3) You can get paid in BTC/ETH/LTC

Ty, that answers my questions. Now, when you say they aren't used to mine, I think we are having a communication breakdown here so I just wanted to clarify. If I had 1375 worth of tokens, that would allow me to host a PandaMiner for 50 years correct?

TronQuix, that seems correct- but keep in mind your pandaminer will only last 2-2.5 years.

and then its broken an you have to buy a new one?


I guess this is what I am trying to understand as well... So once the PandaMiner is no longer a viable option, if I am only paying for wattage, then what happens? I have to buy a new miner? Or do the tokens cover the additional miners?
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June 01, 2017, 04:31:54 PM
 #279

]Home mining rarely allows expansion - household activity are normally limited by the available volume of electricity power. Typically it'd look like 3-5 Asic miners at the most.

 More like 10 for most homes, but having suffered though the power limitations of a home for a while I'd have to say it's a definite limit to growth.



 Douglas County (where East Wenatchee is located) owns 2 major dams on the Columbia river - either one of which could easily power everything in the county 2-3 times over.


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TronQuix
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June 01, 2017, 05:52:49 PM
 #280

]Home mining rarely allows expansion - household activity are normally limited by the available volume of electricity power. Typically it'd look like 3-5 Asic miners at the most.

 More like 10 for most homes, but having suffered though the power limitations of a home for a while I'd have to say it's a definite limit to growth.



 Douglas County (where East Wenatchee is located) owns 2 major dams on the Columbia river - either one of which could easily power everything in the county 2-3 times over.



I think we should all go to those dams, hijack their power and turn their damn into a giant farm... we could use the heat to turn the river into a hot spring and all go swimming.
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