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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 152184 times)
BTCBusinessConsult
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July 16, 2017, 12:20:02 AM
 #961

Yes you certainly are missing a lot considering that you can rent the tokens for 50 years and that you can even sale them at some point.
1000 tokens ($1150 currently) would generate you $367 per year income at the lower rental rate and $565 annual rental income at the higher rental rate.

So best case 2 year RoI and "worseish" case is 3.5 years or so.

Thanks for your info


     
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July 16, 2017, 12:33:59 AM
 #962

Yes you certainly are missing a lot considering that you can rent the tokens for 50 years and that you can even sale them at some point.
1000 tokens ($1150 currently) would generate you $367 per year income at the lower rental rate and $565 annual rental income at the higher rental rate.

this sounds all fictitious, we still need to see if there are people interested in renting. looks like the ICO won't sell all their tokens, probably 2/3 will be sold at best
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July 16, 2017, 12:45:52 AM
 #963

Yes you certainly are missing a lot considering that you can rent the tokens for 50 years and that you can even sale them at some point.
1000 tokens ($1150 currently) would generate you $367 per year income at the lower rental rate and $565 annual rental income at the higher rental rate.

this sounds all fictitious, we still need to see if there are people interested in renting. looks like the ICO won't sell all their tokens, probably 2/3 will be sold at best
Yep we will see. But if you look In the crypto world there is a LOT of fictitious situation. Promises to get something working and project all around.
Difficult to say that they will not deliver before they even started.

I did not post this message, The Russians did it !
ZedZedNova
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July 16, 2017, 04:49:15 PM
 #964

Yes you certainly are missing a lot considering that you can rent the tokens for 50 years and that you can even sale them at some point.
1000 tokens ($1150 currently) would generate you $367 per year income at the lower rental rate and $565 annual rental income at the higher rental rate.

this sounds all fictitious, we still need to see if there are people interested in renting. looks like the ICO won't sell all their tokens, probably 2/3 will be sold at best
Yep we will see. But if you look In the crypto world there is a LOT of fictitious situation. Promises to get something working and project all around.
Difficult to say that they will not deliver before they even started.

Actually it is very easy to say anything, but only time will prove who was telling the truth.

I'm taking a calculated chance on Cryptonomos/Giga-Watt by buying tokens and mining hardware. If this investment goes badly I can lose my money just like any other investment. I will learn from the experience and move on, just like my other more traditional investments. If the investment goes well, I will use the proceeds from the mining hardware to buy more tokens and mining hardware until such time as I have reached my income goals or the purchase of tokens or mining hardware no longer makes sense or is not possible. At that point I will collect the income provided by the combination of tokens and mining hardware I own.

I purchased tokens that are probably part of B1. I will know for sure when the tokens are issued. My first mining hardware purchase was an L3+ Litecoin miner which was advertised to arrive on 20-September.

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July 16, 2017, 05:54:20 PM
 #965

Yes you certainly are missing a lot considering that you can rent the tokens for 50 years and that you can even sale them at some point.
1000 tokens ($1150 currently) would generate you $367 per year income at the lower rental rate and $565 annual rental income at the higher rental rate.

this sounds all fictitious, we still need to see if there are people interested in renting. looks like the ICO won't sell all their tokens, probably 2/3 will be sold at best
Yep we will see. But if you look In the crypto world there is a LOT of fictitious situation. Promises to get something working and project all around.
Difficult to say that they will not deliver before they even started.

Actually it is very easy to say anything, but only time will prove who was telling the truth.

I'm taking a calculated chance on Cryptonomos/Giga-Watt by buying tokens and mining hardware. If this investment goes badly I can lose my money just like any other investment. I will learn from the experience and move on, just like my other more traditional investments. If the investment goes well, I will use the proceeds from the mining hardware to buy more tokens and mining hardware until such time as I have reached my income goals or the purchase of tokens or mining hardware no longer makes sense or is not possible. At that point I will collect the income provided by the combination of tokens and mining hardware I own.

I purchased tokens that are probably part of B1. I will know for sure when the tokens are issued. My first mining hardware purchase was an L3+ Litecoin miner which was advertised to arrive on 20-September.

Same for me. Except that I also invested in a S9 delivery due at the end of august. Got the tokens to go for both miners.
And I would also be pleased to re-invest if everything goes as planned.

I Could have invest in 2xL3+ but I wanted to support BTC by mining it. Even if it is less profitable than mining LTC.

I did not post this message, The Russians did it !
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July 17, 2017, 02:41:18 AM
 #966

Any news of exchanges that plan to trade this token ?

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July 17, 2017, 10:10:58 AM
 #967

Any news of exchanges that plan to trade this token ?


Nope nothing new

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DonApp
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July 17, 2017, 10:56:08 AM
 #968

Any news of exchanges that plan to trade this token ?

ICO is not over yet. As far as I understood listing on exchanges will happen when all tokens are released, which would be approx. middle of september

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July 17, 2017, 05:17:28 PM
 #969

I don't know if i am right to invest my hard earned BTC for this ICO, I think that it would take a lot of time just to get ROI.

How much we can earn if we try to rent or sell our tokens?

Wishing a great and success for this ICO.

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July 17, 2017, 06:55:40 PM
 #970

I don't know if i am right to invest my hard earned BTC for this ICO, I think that it would take a lot of time just to get ROI.

How much we can earn if we try to rent or sell our tokens?

Wishing a great and success for this ICO.


The rent is on the website. The question would be does your BTC right now, yield more return over 50 years, or does the BTC you receive from rent?


But I would not invest here, not because of the ROI

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July 17, 2017, 06:59:17 PM
 #971

Interesting concept in principle, in practice it seems difficult but at least they are experienced with selling and maintaining mining rigs. I hope this project does well as consolidation will bring costs down for individual miners

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rafzalan
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July 19, 2017, 09:47:36 AM
 #972

What  will happen to unsold tokkens after ico?

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pvchopra
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July 21, 2017, 10:10:06 AM
 #973

Hi Guys,

I like Gigawatts work. They have shown some result in the past. Thus, I have a favorable view regarding them.

Recently, created an analysis video for the same:
https://youtu.be/JQGPquI6ez0

All the best to the team. Thanks.
Albortz
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July 21, 2017, 12:06:46 PM
 #974

Hi Guys,

I like Gigawatts work. They have shown some result in the past. Thus, I have a favorable view regarding them.

Recently, created an analysis video for the same:
https://youtu.be/JQGPquI6ez0

All the best to the team. Thanks.



Please buy yourself a better mic if you want to do videos.... Not hating but your video is extremely low quality

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FlamingFingers
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July 21, 2017, 01:59:40 PM
 #975

What  will happen to unsold tokkens after ico?
Cryptonomos/Giga Watt team will reallocate them on specific exchanges, but not before September 15th.
raynman
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July 22, 2017, 01:13:01 AM
 #976

This announcement from GigaWatt just came in my mailbox.

The asking price of this Innosilicon A5 (30.2 GH/s) is $10,599!   Shocked

I better stick with my Antminer D3 (15 GH/s) at $3,199. Smiley

chip1982
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July 22, 2017, 07:34:26 AM
 #977

This announcement from GigaWatt just came in my mailbox.

The asking price of this Innosilicon A5 (30.2 GH/s) is $10,599!   Shocked

I better stick with my Antminer D3 (15 GH/s) at $3,199. Smiley



As I looked yesterday there were 97 in stock. 10 hours later only 10...... There are sharks in the water  Smiley

And October S9 are sold out although the US page indicates they are in stock.   Cry
silvestar
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July 22, 2017, 08:03:39 AM
 #978

Where can i get information about devices sold? For example, if i order an asic and send them by cargo, Do they install the device?


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July 22, 2017, 10:12:28 AM
 #979

Understanding the attraction towards this project. Still - some dirty questions remain:
1. Why would a legit looking operation decide to outsource their ICO to -no offense- Russians from Cryptonomos? The names and russian tongue spelling in their writing does not give me a confidence boost. On the contrary I would say.
2. If there is take up by the community the effect on the price of bitcoin will be negative - economics 101 will prove that large initial marges on a production proces of -in this case- a bicoin are not sustainable. Quick profit takers will narrow the profit marges by dumping at lower prices to ensure locked-in profits.
3. The gear proposed to the community are far too expensive.
4. A time horizon of 50 years? Come on guys, who knows what will happen in 50 years. Even traditional public companies stay away from outlooks over such an extended period. For all we know we will all be dead in 50 years.

Good luck with the enterprise - but I am out. (but watching with great interest).

@uberpatzer
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July 22, 2017, 05:17:27 PM
 #980

3. The gear proposed to the community are far too expensive.

The prices that are quoted on Giga Watt's web site are inline with the prices if you were to order the equipment from Bitmain. Don't forget that the price quoted on the Giga Watt site includes the miner, the power supply and power cord, shipping, and import duties/fees. I would also expect that there is some profit built-in to the price since Giga Watt is not doing this because they are nice, i.e.: working for free.

4. A time horizon of 50 years? Come on guys, who knows what will happen in 50 years. Even traditional public companies stay away from outlooks over such an extended period. For all we know we will all be dead in 50 years.

Each WTT token guarantees access to a facility and eliminates the usual hosting fee for 1 watt of consumed power. To host a miner that is rated at 800 W +/- 10%, you would need 800 WTT + 80 WTT (the + 10%) = 880 WTT tokens.

The way I explain WTT to other folks is like a long-term corporate bond. It's not exactly the same, but close enough to make the point.

As long as you hold the bond and the company has not defaulted or closed, you have a claim on the company which is the face value of the bond. In addition to the face value of the bond, the company pays you some amount of money, the coupon, as a way of compensating you for loaning them your money.

In the case of WTT, the face value is essentially the current hosting fee, but can vary for you depending how many miners you have hosted at Giga Watt. While there is no "coupon" per se, you will be able to "rent" your unused WTT tokens to another mining operator that needs tokens. Currently there are four possible rental rates (4.20, 4.95, 5.70, and 6.45 US Cents/kW/H)  that correspond to the rental fees for the four sizes of mining operators (X-Large, Large, Medium, Small) at Giga Watt.

Once the ICO has completed the intent is to list the WTT token on one or more exchanges so they can be traded.

Yes, 50 years is a long time, but there are many companies that have been in existence for longer than 50 years, too.

Good luck with the enterprise - but I am out. (but watching with great interest).

Thanks! It's going to be interesting for sure.

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