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cryptonomos (OP)
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June 02, 2017, 12:07:44 PM |
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Hi,
For what I see the mining facilities are in high demand. If the amount of tokens is so high that can't be effectively use because the building of mining facilities can't keep pace, what is the yield of those tokes if I can't use them for mine or rent them out? Thanks.
The amount of WTT tokens that will be issued through Token Launch will be fully used to build mining facilities, and a lot of new power will be available once the ICO is over. If you would like to ensure your tokens to be issued in the first batch, either enter through pre-sale which finished in 6 hours, or enter Token Launch as early as possible. |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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cryptonomos (OP)
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June 02, 2017, 12:11:39 PM |
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this project seems to be good . really want to support it , but no bounties for that yet...pls help @dev post some task for us
https://bitcointalk.org/index.php?topic=1930513.msg19167836#msg19167836So the earliest the WTT token will be issued is August 7 2017? What if the crowdsale finishes early? Is August 7th still the earliest? Or will the token be distributed earlier.
August 7th is the earliest. I found articles about you. Why did you lie before? We have never authorized and will not authorize Giga Watt as our official hosting facility or our service center in the USA. We have never supported and will not support Giga Watt’s ICO. We have never authorized and will not authorize Giga Watt to use our BITMAIN trademark in any circumstances. Mr. WU Jihan has never been and will not be a member of Giga Watt team. https://blog.bitmain.com/en/gigawatt-infringement-announcement/I just want to withdraw my deposit now. Please let us know how to withdraw deposited BTC/ETH. No lies here, Dave already answered this question long time ago  http://www.nasdaq.com/article/giga-watt-ceo-we-desperately-need-balance-of-power-in-the-mining-space-cm764842If this is such a good deal, why the owners of the machines do not simply use them by themselves? Just trying to understand how it works.
If all the facilities will be used for owners, that would lead to mining centralization, which is unhealthy for entire industry. |
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cryptonomos (OP)
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June 02, 2017, 12:14:19 PM |
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Liking this project but you are trying to sell 30M +15% = 34.5 M tokens for 34.5 MW but only having 2.25 MW up?
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
The project timeline can be found in White Paper: https://cryptonomos.com/wtt/white-paper.pdf |
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emmettoc
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June 02, 2017, 12:26:43 PM |
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Please let us know how to withdraw our deposited BTC/ETH.
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Jayjay04
Legendary
 Offline
Activity: 1364
Merit: 1000
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June 02, 2017, 12:51:26 PM |
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If i use 1375 WTT to use the pandaminer, you have said it will last maybe 2-2.5 years.
Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
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Argotone
Newbie
Offline
Activity: 30
Merit: 0
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June 02, 2017, 01:34:39 PM |
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If i use 1375 WTT to use the pandaminer, you have said it will last maybe 2-2.5 years.
Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
It actually is. The tokens last 50 years, so you can just buy another miner or lend your tokens after that. Liking this project but you are trying to sell 30M +15% = 34.5 M tokens for 34.5 MW but only having 2.25 MW up?
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
The project timeline can be found in White Paper: https://cryptonomos.com/wtt/white-paper.pdfThanks for your answer. Another good reason to buy early Even if oct/nov is still reasonable. |
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Abicidieffe
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June 02, 2017, 01:36:32 PM |
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There is a way to partecipate the ico without giving the phone number?
Thanks
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cryptonomos (OP)
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June 02, 2017, 02:19:31 PM
Last edit: June 02, 2017, 02:42:49 PM by cryptonomos |
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TranslationsThank you to all bounty program participants!
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TronQuix
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June 02, 2017, 02:25:23 PM |
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If i use 1375 WTT to use the pandaminer, you have said it will last maybe 2-2.5 years.
Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
It actually is. The tokens last 50 years, so you can just buy another miner or lend your tokens after that. Au contraire, mon frère, Argotone!!!! Well, so.... heres the problemo. The tokens are not paying for miners, they are paying for wattage.... so if i get 1375 WTT, that is covering the wattage to use the PandaMiner. It is reasonable to assume that after the PandaMiner dies we would have to buy another one... however because we are actually renting wattage for 50 years it is also reasonable to assume that we are entitled to 1375 watts of power for 50 years, which begs the question when a new rig becomes available do our tokens cover it? Or do we have to buy it.... |
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ICObazaar
Full Member
Offline
Activity: 225
Merit: 100
ICOBAZAAR: ALL ICOs IN ONE PLACE
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June 02, 2017, 02:26:59 PM
Last edit: June 02, 2017, 04:01:26 PM by ICObazaar |
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Hi everybody, Giga Watt is now available for purchase on ICObazaar. You can buy WTT tokens on our platform if you don't want to wait until the start of the crowd sale. We are selling tokens from the stake which was purchased during the pre-sale. Also, if you will be buying from us - you don't need to leave your phone number. You can buy them here: https://icobazaar.com/giga_watt |
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DonApp
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June 02, 2017, 02:51:21 PM |
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Hi everybody, Giga Watt is now available for purchase on ICObazaar. You can buy WTT tokens on our platform if you don't want to wait until the start of the crowd sale. We are selling tokens from the stake which was distributed during the pre-sale. You can buy them here: https://icobazaar.com/giga_wattWow, you really are asking 1 ETH for 150 tokens, which is $1.50 per WTT??? That is 50% MORE than the ICO price in the first two weeks!!! And the tokens have not been released yet, so you cannot sell them yet!!! |
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ICObazaar
Full Member
Offline
Activity: 225
Merit: 100
ICOBAZAAR: ALL ICOs IN ONE PLACE
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June 02, 2017, 03:00:58 PM |
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Wow, you really are asking 1 ETH for 150 tokens, which is $1.50 per WTT??? That is 50% MORE than the ICO price in the first two weeks!!! And the tokens have not been released yet, so you cannot sell them yet!!!
We believe that the demand for Giga Watt will be high, and ICO will be over sooner than most people might be able to participate. Indeed tokens will be released after an ICO, but as we participated in the pre-sale, so we have liabilities for receiving WTT tokens, which we are reselling to our users. As soon as tokens will be released, and we will get those tokens which we purchased during the crowdsale - we will transfer them to those who purchased them from us. |
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vingaard
Legendary
Offline
Activity: 1246
Merit: 1011
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June 02, 2017, 03:08:50 PM |
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Why must I give you my phone number to buy tokens?  It is a nonsense... Please, change this because my phone number is not necessary to buy tokens... |
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Alttrader203
Newbie
Offline
Activity: 70
Merit: 0
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June 02, 2017, 03:17:44 PM |
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Am i only one that thibks this is a scam???
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emmettoc
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June 02, 2017, 03:24:28 PM |
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Am i only one that thibks this is a scam???
Me too. Because how many times I asked how to withdraw my BTC, they will not answer it. Also they used BitMain names without permission. Stay away form them. |
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sotisoti
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June 02, 2017, 03:44:00 PM |
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Is there a profit calculator of what can be mined via Giga Watt?
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Bitrated user: sotisoti.
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sotisoti
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June 02, 2017, 03:44:49 PM |
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And where is their data center located?
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Bitrated user: sotisoti.
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YIz
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June 02, 2017, 03:55:53 PM |
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And where is their data center located?
In the United States, it's mentioned in their website. "1 Campbell Pkwy, East Wenatchee, WA 98802" |
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cryptonomos (OP)
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June 02, 2017, 04:13:38 PM |
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Am i only one that thibks this is a scam???
No, it's not a scam - you can tour facilities during Open House time, sign up at https://giga-watt.com/promo/openhouseAm i only one that thibks this is a scam???
Me too. Because how many times I asked how to withdraw my BTC, they will not answer it. Also they used BitMain names without permission. Stay away form them. Sorry about long reply, super busy on all social networks. You can withdraw BTC through email to support@cryptonomos.com |
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cryptonomos (OP)
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June 02, 2017, 04:15:19 PM |
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If i use 1375 WTT to use the pandaminer, you have said it will last maybe 2-2.5 years.
Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
WTT tokens stay with you for duration of facility - it is power reserved for you. Once the miner goes ineffective, you can simply replace it with a new miner on the same 1375 WTT There is a way to partecipate the ico without giving the phone number?
Thanks
Unfortunately no |
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