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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 153330 times)
iGotHope
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July 02, 2017, 12:23:28 AM
 #821

That is pretty cheap electricity compare from 25ç kW/h. Token holders also get rental fee free correct? Thats one of the many advantages we get when & if we sign up.
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VoskCoin
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July 02, 2017, 02:00:30 AM
 #822

If you had 100 tokens

What is expected token rental income per month?

Check out my Crypto YouTube channel
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ZedZedNova
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July 02, 2017, 04:55:31 AM
 #823

If you had 100 tokens

What is expected token rental income per month?

https://cryptonomos.com/wtt/calculator

You're welcome.

raynman
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July 02, 2017, 05:11:17 AM
 #824

If you had 100 tokens

What is expected token rental income per month?
But that is not enough to host any of the miners.
Mrbates
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July 03, 2017, 06:02:37 AM
 #825

If you had 100 tokens

What is expected token rental income per month?
But that is not enough to host any of the miners.
I think we'll see people here for the passive income (quazi-staking)

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July 03, 2017, 06:27:30 AM
 #826

I made a surprising amount promoting this ICO than I imagined, funny thing I wasn't doing it for the 5% but because I thought it was one of the few honest ICO and one that's good for crypto overall helping decentralize mining and get the little guy a fighting chance against chinese mega corporate farms.

So you guys looking to make extra WTT should spend some time promoting on twitter reddit wherever you find ICO investors and/or miners. It sells itself. I really wasn't expecting much but apparently attracted over $100k investments. I should just go promote more but only so much time in the day lol, but thought I'd tell you investors a few posts here and there and you'd be surprised how much you can make promoting an honest ICO. I'm sure there are more profitable ICO and scams you can promote, but this is an honest one so you can make some money and do some good. Cool

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July 03, 2017, 07:49:26 AM
 #827

I have taken the plunge today and subscribed to batch 4 of WTT tokens which will be distributed on 15 September.

I have not decided whether to host one or two L3+, but they are currently out of stock on the GigaWatt website.

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July 03, 2017, 03:25:45 PM
 #828

!IMPORTANT!!!!

Please tell me, I'm going to be mad.....BUT...I am the only one who think that Dave Carlson (CEO of Giga Watt) is the same person of Giacomo Bugini (CEO of Bitminer.io)...

( For who don't know bitminer.io -> scam site...or better...PONZI scheme site, fake mining. )

Really? Am I the only one who see the similitude in the photos??? Please tell me , no one looks at team members??

Please explain me....or better ...sir Dave Carlson can you upload your ID?? Could you please explain why are you so similar to giacomo bugini??

Please tell me that I am blind and I can't reconize a female from a male...please...I would like to invest in giga watt.....

THANK YOU SO MUCH!!!!

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July 03, 2017, 04:02:21 PM
 #829

Yes is the same person, is obvious that the guy who did that scam page , took a pic from Gigawatt CEO.

Relax!!!

This is the original pic  

http://www.diariobitcoin.com/index.php/2017/03/28/ceo-de-giga-watt-las-amenazas-de-la-bifurcacion-de-la-red-son-terribles-para-el-valor-de-bitcoin/

this is scam pic

https://bitminer.io/support
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July 03, 2017, 04:05:19 PM
 #830

mmm I don't think that giacomo bugini takes photo from giga watt...bitminer.io is older than giga watt project...and also...different photos...
That's why I don't understand....
gomados
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July 03, 2017, 04:08:15 PM
 #831

That pic was taken from MegaBigPower company.... and is older than bitminer.io.

RELAX!!
xcajun21
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July 03, 2017, 06:18:01 PM
 #832

I read the article on coindesk about Carlson, afaik it put him in a humble position, where he was working for the bitcoin community long time ago.

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Giga-Watt Support
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July 03, 2017, 07:04:37 PM
 #833

!IMPORTANT!!!!

Please tell me, I'm going to be mad.....BUT...I am the only one who think that Dave Carlson (CEO of Giga Watt) is the same person of Giacomo Bugini (CEO of Bitminer.io)...

( For who don't know bitminer.io -> scam site...or better...PONZI scheme site, fake mining. )

Really? Am I the only one who see the similitude in the photos??? Please tell me , no one looks at team members??

Please explain me....or better ...sir Dave Carlson can you upload your ID?? Could you please explain why are you so similar to giacomo bugini??

Please tell me that I am blind and I can't reconize a female from a male...please...I would like to invest in giga watt.....

THANK YOU SO MUCH!!!!



Dave Carlson is CEO of MegaBigPower and Giga-watt.. He does not have any affiliation with bitminer.io. Although, that is a picture of Dave Carlson, he is not affiliated with them.
Giga-Watt Support
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July 03, 2017, 07:27:21 PM
 #834

mmm I don't think that giacomo bugini takes photo from giga watt...bitminer.io is older than giga watt project...and also...different photos...
That's why I don't understand....


That picture was taken from his previous mining company, MegaBigPower. He's transitioned into Giga-watt in November.
someone111
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July 03, 2017, 09:48:08 PM
 #835

Dave, Cryptonomos Hello,

I am interested in buying tens to hundreds of thousands of WTT. At first I was quite excited with your idea but after careful examination I'm not so sure and I have some serious questions about your business model.

1. If space requirement for mining equipment doubles per 1W of power due to Moore's law in semiconductor manufacturing advances. Power consumption of chips drops down significantly with each generation. I have the following question.
For Example:
Currently some Mining GPU setup is taking 60x60x60 cm of space and consumes 1Kw/h of electricity.
In two years if equipment is upgraded to latest models that will require TWO GPU setups of 60x60x60 cm for the same 1Kw/h of electricity.

To meet your obligations to WTT token holders, Will Giga-Watt build new Giga-pods on a constant basis and allocate the additional space required for equipment upgrades on demand every couple of years for 50 years ?!?

2. Will Giga-Watt provide some storage to customers for spare parts for mining equipment that will wear out?
3. What about Network bandwidth? How much is provided with each 1W of power? Is there an option to buy more bandwidth?
4. What are the moisute levels in the area of the Giga-Watt pods? What is the effect on equipment from your experience? Is there rust after 1-2 years of operation?
5. You say you can meet customers custom demands. Why are you not providing your co-location customers the ability for remote access to their equipment hosted at your facilities?
Are your customers able to manage their hosted mining hardware themselves and have full control of it?
The equipment is managed by professionals with years of experience in mining.
They understand what is profitable to mine now, which pool is more profitable, etc.
They can quickly repair equipment.
We are in the same boat, the more profitable for you, the more profitable for Giga Watt.
So your technicians will decide what is profitable to mine on behalf of your customers and on their equipment? What is this??
You say repeatedly throughout the thread that customers can choose what coins they mine. Then you say exactly the opposite.

6. On the below comment you state there are not set up fees. But later in this thread you stated there is one time setup fee of $20 for aciscs and $40 for GPU rigs. Are there any other Hidden fees?
Otherwise i see no real difference to cloud mining.
First and foremost it is our transparency. Giga Watt's facility is a real-life tangible project which you can tour if you attend our Open House, which we hold twice a month. Giga Watt's customers own the specific equipment: They know their serial numbers and can see them on the shelves in the unit. Another advantage is that Giga Watt's customers purchase their equipment at cost, without any markup, pay zero setup fees and extremely low effective electricity and maintenance fees: just 2.8с и 0.5с per kW/h respectively.

7. Who are "retail customers"? Customers who buy full turnkey mining or WTT token holders?
From https://cryptonomos.com/wtt/faq
"Does Giga Watt only mine bitcoins?
Giga Watt mines all scalable cryptocurrencies: BTC, LTC, ETH/MONERO/ZCASH/DASH. The decision of what currency to mine is made by the customers who own the mining equipment. But at this stage it is technically impossible to offer all of these options to retail customers. Giga Watt is working on the solution, and hopefully in the future this option will be offered. At this point retail customers can mine only BTC, ETH, and LTC."

8. If you don't provide your customers with remote access to their equipment. How can your customers be sure you are not overclocking their equipment for  for 10-15% to your advantage (especially GPU setups) in expense of the lifetime of the equipment?
9. Cryptonomos. Who are you? What is your name? Would be nice to know who are we talking to. Are you a Cryptonomos or Giga-Watt employee? I you rather prefer to remain anonymous. Please ask Dave Carlson to answer these questions from his account here on BitcoinTalk.
10. What exactly is included in $0.5 cents maintenance fee? Which kind of work/procedures?
11. If I decide to power off my miners for a period of time. Will there be any charges? Since I paid for the rent for 50 year ahead can I store my miners there even if they are offline as how much as I need?

Unless you can provide satisfying answers to the above questions, Especially question 1 and 5. I will unfortunately have to pass on your business proposal.

The ability for me to fully control my hosted hardware via remote access is a "To be or not to be" type of issue.

Best Regards.




Due to the specifics of your questions, please refer these questions to Support@giga-watt.com.

NO! I have the same questions and many others likely too, so save your time and post your replies here!!!
Yes, I see no reason to not answer these questions here. Also interesting for me.

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chip1982
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July 03, 2017, 09:50:14 PM
 #836

Question about the tokens:

On Sun, Jul 2, 2017 at 3:00 PM, <XXXXXXXXX> wrote:

    Hi GW,

    congratulations to your sale of 12,5 millions tokens so far. Definitely you will complete the 30 mio sale.

    Question to the tokens:

    When does the 50 year usage time period start?

    When the tokens are distributed on 07. August? Which basically means that all tokens have the exact same starting and ending point in their life cycle.

    Or when the tokens are actually beeing used? Which would mean that every token has a different starting and ending point in his life cycle and each token must account this.

    Thanks and best regards,
    XXXXXX

Reply:

Hello XXXXX,

The 50 years refers to the lifetime of the Giga Watt facility, part of which has already been built and hosts miners. This time period has begun and is several months in to year 1. When tokens are distributed August 7th in the order in which they were purchased, the tokens are good for as long as the Giga Watt facility is standing; i.e. tokens do not have different lifecycles.

Regards,

Customer Support
Giga Watt Inc.
sic57005
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July 04, 2017, 05:48:42 AM
 #837

Can somebody explain this: they sell 12.5M tokens, but now actually have only 2.25M power (including 1.25 already utilized).
So if "1 token = 1 Watt" then amounts not converge. The rest 10.25M tokens can not be used?
chip1982
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July 04, 2017, 06:50:34 AM
 #838

Can somebody explain this: they sell 12.5M tokens, but now actually have only 2.25M power (including 1.25 already utilized).
So if "1 token = 1 Watt" then amounts not converge. The rest 10.25M tokens can not be used?

They distribute the tokens in line with the build up capacity. Token holders will always be able to mine.

1 token =  a rental fee reduction to zero for one Watt mining equipment power consumption.
Mrbates
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Maybe a fed.


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July 04, 2017, 06:56:06 AM
 #839

Can somebody explain this: they sell 12.5M tokens, but now actually have only 2.25M power (including 1.25 already utilized).
So if "1 token = 1 Watt" then amounts not converge. The rest 10.25M tokens can not be used?

They're in the process of building more giga pods, so currently they aren't usable (which is why they're sold in batches, and when you purchase it says what batch you're in for an approximate usage time)

Hope to see this on trex

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July 04, 2017, 10:14:18 AM
 #840

First of all, I am very interested in the project, but I ask myself a few questions..

If I understand it correctly I need token to get a place in the facilities. At the same time, I get access to discounted electricity prices.
In addition, I have to buy my own mining hardware to be able to operate it there.
Is this correct?

I'm thinking now ... Mining hardware ages very quickly, and is in a year already not as efficient as today.

1) Am I now responsible for keeping the hardware up to date and to replace it regularly?
2) What happens with my outdated hardware when this is exchanged?
3) When can we buy the Hardware on https://giga-watt.com/ again?

Thanks in advance!
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