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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 152433 times)
James25
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June 14, 2017, 09:37:18 PM
 #581

Do I understand correctly to make max profit i need to buy WTT tokens + miners right?
But i will not making profit immediately cuz miners will be delivered only after few months (ASIC L3+ Delivery date: Sep 20)
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Cryptoturtle
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June 14, 2017, 10:05:37 PM
 #582

Alright so for the following examples:

1 miner, 10 miners and 100 miners will be used.
I will be using the LTC miner as the main use because the numbers are so much easier all data used for this is from this moment and cryptocompare.
1 miner is 880 tokens / currently $880 and the miner cost is 1550 meaning profit begins at $2,430 or $1,550

Mining equipment amount   profit per day with tokens   profit per day without tokens*    total profit difference*    days until tokens & miner are paid off/Days until miner paid

1 LTC miner 504 mh/s                 $26.29                                    $24.93                                $1.36                                 93 days   or    62 days
10 LTC miners 5040 mh/s           $262.90                                   $250.72                             $12.18                                93 days    or    62 days
100 LTC miners 50400 mh/s       $2629.00                                $2523.41                            $105.59                               93 days    or    61.5 days



However mining equipment lasts lets say 2 years, (despite the tokens effects lasting for 50 and that difficulty stays the same forever and ever in this example)
How long at max would it take to pay for these tokens per tier given:
648 days from mining profits alone with 1 miner
722 days from mining profits alone with 10 miners
833 days from mining profits alone with 100 miners.

Now I personally believe and this isn't meant to sway an opinion one way or another (But if it does my WTT referral link longs for your click) that given the mindless nature behind this form of mining after 2 years most miners having at current rates approximately 635~ days of pure profit with the token would likely reinvest and get more new miners or begin mining something new.  So given that you have 635 days of pure profit even with the tokens paid for immediately at the start and not taking the long way through it and using only your profit difference to pay for the tokens -- your next set of miners would already have this price reduction in hosting costs, and if you choose to not continue mining well you've paid off your tokens 100% and your miners 100%; you could either rent out your tokens and earn a steady daily income -> calculator on the website, or sell your tokens for at the very least what you paid for them as I don't believe mining will ever truly die to PoS/Masternodes.




(I would be interested in knowing if they buy our miners from us at a point to recycle, or if they would ship them to us for our reselling pleasure)


*Profit without tokens goes up non linearly because if you host a lot of miners you do get a discount hence why the with token profit goes up linearly.

Thanks for the detailed Information bud,
I think the best for me is to just rent them out though, im not interested in mining, yet.

What about trading, will this coin be available on Poloniex?

Money is key
kjs
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June 14, 2017, 10:47:24 PM
 #583

What about trading, will this coin be available on Poloniex?

The tokens will be available for trading once they have been issued, several exchanges will list them.
Mrbates
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June 14, 2017, 11:07:17 PM
 #584

Do I understand correctly to make max profit i need to buy WTT tokens + miners right?
But i will not making profit immediately cuz miners will be delivered only after few months (ASIC L3+ Delivery date: Sep 20)

Depends which miner

cryptonomos
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June 15, 2017, 01:27:28 AM
 #585

Just 1 day until WTT token price goes up! The new price will be $1.05 per token. Make sure to purchase before 12:00PM Pacific on Friday, June 16.
 
1. Register at Cryptonomos https://cryptonomos.com/signup
2. Add funds to your account in BTC, ETH, or USD
3. Purchase tokens
 
Step by step instructions:
https://medium.com/@Cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2

James25
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June 15, 2017, 01:54:40 AM
 #586

I will use your referral link if you help me to get an answer on this questions:

To make max profit i need to buy WTT tokens + miners right?
I will start mining only when miners will be delivered or it is like immediate cloud mining?
How much WTT i need to buy for 1 L3+ miner?
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
What is Batch and the difference between them 1,2,3,4,5,6?
Mrbates
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June 15, 2017, 02:53:46 AM
 #587

I will use your referral link if you help me to get an answer on this questions:

To make max profit i need to buy WTT tokens + miners right?
-- Maximum profit you do need WTT tokens + the miner, and you do get first dibs on the mining space; as opposed to those without the tokens (who only have a miner) but you do not necessarily need the tokens to be able to mine with giga-watt.
I will start mining only when miners will be delivered or it is like immediate cloud mining?
-- I believe the miners that are sold out are miners they already had in stock, and ready to use such as the btc miner and the panda miner for eth.  They sold out because they were ready to go right at that moment, essentially immediate cloud mining.   In the case of the ltc miner with it arriving on September 30th, you would have to wait unfortunately before mining.
How much WTT i need to buy for 1 L3+ miner?
-- 880 WTT tokens, calculation is done as follows for other mining units they offer:
  Power consumption + % listed underneath power consumption = how many WTT tokens you will need per miner
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
-- If you choose to trade them immediately, you would only make profit when they go up in value.
    If you choose to mine with the tokens/miner combination their value is a cost savings benefit to your mining efforts.
   If you choose to rent your tokens, you will earn money at your specified rental rate; only when the tokens are rented by another miner.
   In my mind the best way to utilize the tokens is as a semi long term investment, mining coins until the miner efficiency is no longer profitable and then either renting the tokens out to other miners or selling them.  At that point it will be quite a challenge deciding because in theory if 2 years is the end of a miner, I still have 48 years of rental capability and passive income.

How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
-- In some cases it may be more profitable ordering the miners yourself and shipping it to them however you have to pay an additional $20 hosting fee which may or may not diminish returns, and would also require shipping costs. 
(I've personally only contacted them about personally ordering pandaminers from pandaminer to ship to them)
My email with their customer support said they are working to offer the ability to mine XMR, ZEC and ETC; but for the time being only offer BTC, LTC and ETH mining.

Hopefully this helps you, let me know if any clarification needs to happen on any of the answers -- and of course always invest responsibly

James25
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June 15, 2017, 03:09:09 AM
 #588

I will use your referral link if you help me to get an answer on this questions:

To make max profit i need to buy WTT tokens + miners right?
-- Maximum profit you do need WTT tokens + the miner, and you do get first dibs on the mining space; as opposed to those without the tokens (who only have a miner) but you do not necessarily need the tokens to be able to mine with giga-watt.
I will start mining only when miners will be delivered or it is like immediate cloud mining?
-- I believe the miners that are sold out are miners they already had in stock, and ready to use such as the btc miner and the panda miner for eth.  They sold out because they were ready to go right at that moment, essentially immediate cloud mining.   In the case of the ltc miner with it arriving on September 30th, you would have to wait unfortunately before mining.
How much WTT i need to buy for 1 L3+ miner?
-- 880 WTT tokens, calculation is done as follows for other mining units they offer:
  Power consumption + % listed underneath power consumption = how many WTT tokens you will need per miner
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
-- If you choose to trade them immediately, you would only make profit when they go up in value.
    If you choose to mine with the tokens/miner combination their value is a cost savings benefit to your mining efforts.
   If you choose to rent your tokens, you will earn money at your specified rental rate; only when the tokens are rented by another miner.
   In my mind the best way to utilize the tokens is as a semi long term investment, mining coins until the miner efficiency is no longer profitable and then either renting the tokens out to other miners or selling them.  At that point it will be quite a challenge deciding because in theory if 2 years is the end of a miner, I still have 48 years of rental capability and passive income.

How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
-- In some cases it may be more profitable ordering the miners yourself and shipping it to them however you have to pay an additional $20 hosting fee which may or may not diminish returns, and would also require shipping costs. 
(I've personally only contacted them about personally ordering pandaminers from pandaminer to ship to them)
My email with their customer support said they are working to offer the ability to mine XMR, ZEC and ETC; but for the time being only offer BTC, LTC and ETH mining.

Hopefully this helps you, let me know if any clarification needs to happen on any of the answers -- and of course always invest responsibly

Thnx bro! ur explanations was very clear for me and helpful, i will invest with ur ref link tomorrow, i need to decide how much to invest in this.
Mrbates
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June 15, 2017, 03:28:03 AM
 #589

I will use your referral link if you help me to get an answer on this questions:

To make max profit i need to buy WTT tokens + miners right?
-- Maximum profit you do need WTT tokens + the miner, and you do get first dibs on the mining space; as opposed to those without the tokens (who only have a miner) but you do not necessarily need the tokens to be able to mine with giga-watt.
I will start mining only when miners will be delivered or it is like immediate cloud mining?
-- I believe the miners that are sold out are miners they already had in stock, and ready to use such as the btc miner and the panda miner for eth.  They sold out because they were ready to go right at that moment, essentially immediate cloud mining.   In the case of the ltc miner with it arriving on September 30th, you would have to wait unfortunately before mining.
How much WTT i need to buy for 1 L3+ miner?
-- 880 WTT tokens, calculation is done as follows for other mining units they offer:
  Power consumption + % listed underneath power consumption = how many WTT tokens you will need per miner
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
-- If you choose to trade them immediately, you would only make profit when they go up in value.
    If you choose to mine with the tokens/miner combination their value is a cost savings benefit to your mining efforts.
   If you choose to rent your tokens, you will earn money at your specified rental rate; only when the tokens are rented by another miner.
   In my mind the best way to utilize the tokens is as a semi long term investment, mining coins until the miner efficiency is no longer profitable and then either renting the tokens out to other miners or selling them.  At that point it will be quite a challenge deciding because in theory if 2 years is the end of a miner, I still have 48 years of rental capability and passive income.

How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
-- In some cases it may be more profitable ordering the miners yourself and shipping it to them however you have to pay an additional $20 hosting fee which may or may not diminish returns, and would also require shipping costs. 
(I've personally only contacted them about personally ordering pandaminers from pandaminer to ship to them)
My email with their customer support said they are working to offer the ability to mine XMR, ZEC and ETC; but for the time being only offer BTC, LTC and ETH mining.

Hopefully this helps you, let me know if any clarification needs to happen on any of the answers -- and of course always invest responsibly

Thnx bro! ur explanations was very clear for me and helpful, i will invest with ur ref link tomorrow, i need to decide how much to invest in this.

No problem, I did several emails with the support asking questions over the course of a few days before investing myself.  Just here to help now  Smiley

cryptonomos
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June 15, 2017, 04:29:01 AM
 #590

Thank you to all bounty program participants!

Roselop
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June 15, 2017, 08:17:10 AM
 #591

Just 1 day until WTT token price goes up! The new price will be $1.05 per token. Make sure to purchase before 12:00PM Pacific on Friday, June 16.
 
1. Register at Cryptonomos https://cryptonomos.com/signup
2. Add funds to your account in BTC, ETH, or USD
3. Purchase tokens
 
Step by step instructions:
https://medium.com/@Cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2


Well, I will consider to join this project . it looks interesting for my investment .
I can recorgnize that this is a new kind of business with trading cryptocurrency and mining altcoins .
chip1982
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June 15, 2017, 10:00:05 AM
 #592

Hey Giga Watt,

how about you install a webcam on the construction site?

I would like to see Dave Carlson on a Caterpillar  Grin Grin

Sort of proof of work   Grin Grin

Thanks

chip1982


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June 15, 2017, 02:12:56 PM
 #593

(I would be interested in knowing if they buy our miners from us at a point to recycle, or if they would ship them to us for our reselling pleasure)

Answer is here Smiley

https://youtu.be/nXGtVsJCE5s?t=29m40s


Also, I recommend watching this video before asking any questions in this forum Cheesy Maybe add this to OP along with the FAQ.
Mrbates
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June 16, 2017, 03:49:28 AM
 #594

Just 1 day until WTT token price goes up! The new price will be $1.05 per token. Make sure to purchase before 12:00PM Pacific on Friday, June 16.
 
1. Register at Cryptonomos https://cryptonomos.com/signup
2. Add funds to your account in BTC, ETH, or USD
3. Purchase tokens
 
Step by step instructions:
https://medium.com/@Cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2


1. THERE ARE NO TOKEN REFUNDS!  Once you buy the tokens, you cannot get a refund.  You CANNOT change your mind.  Do not buy tokens, unless you're sure abt investing in this operation.  I am unable to find this info in the FAQ.
2. They actively sell miners they don't actually have.  That is fishy to me, and I wouldn't do it.
3. "Sinden Harum Executive Manager Day to day operational responsibility for staff, office administration, payroll, human resources, bookkeeping, accounting, core programs, special programs."  Their executive manager is also a full-time realtor.  I expresed my concern that ONE person simply cannot do TWO full-time jobs to her on the phone the other day, and she had the right answers "with enough help, etc" and she seemed genuine.
4.  I PM'S Dave Carlson, and his response was genuine.  My internet research of him and of other members of the team show that they are real people, with families, kids, cute little dogs, etc.

I'm not calling this a scam, but rather a company that anticipated demand, hired aggresive sales people which sell miners that don't yet exist, and may prove to be a good bet once they get going.  ETH and BTC tanking before they get going may be a blessing in disguise.  After all-it's crypto.

Best,
pop

I felt like #1 was pretty much said for all ico's.
#2 it does say when the delivery date will be though, but they will host miners you own.
#3 sounds like an accounting job in California where they manage way too much stuff lol
#4 it was kind of a hedge to me, I bought before btc and eths bubbled popped like woo got a minor discount sort of (well a free stop loss)

cryptonomos
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June 16, 2017, 06:20:40 AM
 #595

Hey all, we’ve noticed that in the chats there’s quite a bit of back and forth, news and updates tend to get lost easily. For that reason, we created a separate channel! Stay up to date on all the news and important updates here: t.me/cryptonomos

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June 16, 2017, 08:17:54 AM
 #596

Hi, thanks for keeping us posted on here. One question I have is that if I want to invest in your tokens that is fine however there is only the S9 miner left for us to order via Giga Watt.
 When will others be brought back into stock?
 Also if I were to purchase tokens without the miners (because I was holding out for new stock) would a point potentially come where I own tokens but all your space is filled and I am unable to have a miner at your facility?
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June 16, 2017, 10:02:54 AM
 #597

No social mesia bounties? Or free coin give aways? Sad

cryptonomos
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June 16, 2017, 02:24:29 PM
 #598

Hi, thanks for keeping us posted on here. One question I have is that if I want to invest in your tokens that is fine however there is only the S9 miner left for us to order via Giga Watt.
 When will others be brought back into stock?
 Also if I were to purchase tokens without the miners (because I was holding out for new stock) would a point potentially come where I own tokens but all your space is filled and I am unable to have a miner at your facility?

If you have tokens, there will always be place for you.
B3 we doubt it, but a replacement gpu yes. L3 will be. You should contact host@giga-watt.com to be added to list for batch sale invites. You must indicate what miners you are interested in.

cryptonomos
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June 16, 2017, 02:27:05 PM
 #599

No social mesia bounties? Or free coin give aways? Sad
We have referral program for this:https://bitcointalk.org/index.php?topic=1914900.msg19103130#msg19103130

xcajun21
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June 16, 2017, 02:45:43 PM
 #600

Well it is a pity the hardware ran out of stock. Even though later the year, the hardware would still be available, and the token less likely, it ponders one mind what to take first. I like the s9 option more though. If there was a discount, these would ran out of stock in no time.

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