⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!

[NebIam]

I just received two mails from Giga Watt :

Option 3: Sell Your Miners at a Premium
  There is a good market for miners that are in hand and ship today and the retail price is often over what you paid. Although Giga Watt does not directly facilitate the sale of your hardware we can offer to ship your miners anywhere a buying customer is located. If you are interested in selling your miners to another party or through a third-party service please email sellminer@giga-watt.com; the sales team will get you started and suggest best practices and trusted sources.

10 to 12 weeks is a long time for a miner to be doing nothing... I'll try to sell my D3 ASAP !
Do you have any advices on how to sell my miner ?

 

I sent them a message to know what will be their advices, I'm interested to know what people will say here

[1714166980]

1714166980

[Mr Frog]

I sent them a message to know what will be their advices, I'm interested to know what people will say here

Oh OK   : )

I bought 2 miners with them, Batch1 S9 and L3+ and I keep them. But I understand it is a difficult choice for people with later Batch of miners.

[cuteman]

I sent them a message to know what will be their advices, I'm interested to know what people will say here

Please post reply if you get it     I also sent them email asking to sell my D3s asap.   

[Dopert]

I have to wait it out. Don't want to pay import tax. Beside that the L3+ will wear out very quickly by (20 eurocent per kwh). Selling second hand in the USA i dont like. Proberly will get lower price then bought and need to buy a new one 2 month later and again import cost / transfer.

Lets see if GW don't surpas this second given timeframe  

[krypt951]

If anyone wish's to sell their miner s9 or L3+ at the gigawatt facility, I will purchase them but it will have to be done threw giga-watt to protect the seller and buyer. I can pay directly to the seller via BTC but gigawatt will have to confirm the sale before payment it made.

aaronmmunoz@gmail.com

Feel free to email me

Aaron


*** UPDATE *** I am offering individuals an option to get their capital back because of the recent update about a 6-10 week mining delay, I am not going to be paying a premium for the miners. I am willing to pay 1700 per s9 miner or 2200 per L3+.

[spandreev]

5th of October.. over 1 month delay. And finished tasks in timeline for batch 3 and batch 4 - 4/23, and only "due soon", GW even say any ETAs:)

[cuteman]

5th of October.. over 1 month delay. And finished tasks in timeline for batch 3 and batch 4 - 4/23, and only "due soon", GW even say any ETAs:)

based on their recent emails delay for batches 3 and 4 will be minimum 11-13 weeks  - that is 3(!) monthes.

[xcajun21]

I received the mail with 3 options. Wait, sell to someone, or delivery home.

I am having d3 octomber and l3+ late Octomber at gigawatt paid price, respectively 3700$ dash, 2450$ lt3+ litecoin-miner.  Fast delivery on us territory.

Blame gigawatt for this stress!

[NebIam]

I sent them a message to know what will be their advices, I'm interested to know what people will say here

Please post reply if you get it     I also sent them email asking to sell my D3s asap.   

Here is the answer I received yesterday night :

Hello, thank you for your inquiry to sell your miner(s). This only applies to your hardware that has already arrived at the Giga Watt facility.

You can choose to sell your miner(s) with PSU on your own at verified online marketplaces such as www.ebay.com or www.amazon.com, or alternative classified sites such as www.craigslist.com, www.oodle.com or www.gumtree.com. You can also choose to have it sold on consignment for you at sites such as www.coinminer.com where they will facilitate the sale and pay the consignor a percentage of sold price.

If you choose to sell them direct to a customer, we will require you to provide your customer’s name, email, and ship-to address information. Please note that alternative classified sites do not have refund protection such as verified marketplace sites or consignment sales sites, and are to be used  at your own discretion. We will provide free domestic ground shipping, and a tracking number within 24 hours. Also please be aware that equipment prices do vary, you will want to do some market research to list your equipment at competitive pricing.

Thanks again for your patience and let us know if you have any further questions about your selling options.

They tell you to be cautious about the lack of refund protection of "alternative classified sites" but nothing about ebay and the people using your miner and sending it back within 10 days...

[chefkolonel]

I received the mail with 3 options. Wait, sell to someone, or delivery home.

I am having d3 octomber and l3+ late Octomber at gigawatt paid price, respectively 3700$ dash, 2450$ lt3+ litecoin-miner.  Fast delivery on us territory.

Blame gigawatt for this stress!

bought 5 pandaminers in the start of may for 6.47 btc worth 10k eur ... should be running in the end of july... there lack of communication is so terrible.. 

[fckltx]

so lets summarise it : we should expect receiving batch 3 tokens around Christmas ?

[xcajun21]

So what option we have?

I sent mail to ask them if vat applies to Europe from US. They did not respond. Someone on telegram mentioned that gw bought through company, with little fee from .sg.

Im thinking if I have an option if 20% vat is worth 2 months of mining at gw... and if their cheaper electricity makes up over an year, rather then sending home. I would sell directly through bitcoin on this forum, but who buys?

[Mr Frog]

[Ksuha]

2)Tokens will be tradable on exchanges. We will announce them later.

[/quote]

Wtt can be purchased on the stock exchange EtherDelta?
How to use them after purchase?

[bitcoinguy140]

You can choose to sell your miner(s) with PSU on your own at verified online marketplaces such as www.ebay.com or www.amazon.com, or alternative classified sites such as www.craigslist.com, www.oodle.com or www.gumtree.com. You can also choose to have it sold on consignment for you at sites such as www.coinminer.com where they will facilitate the sale and pay the consignor a percentage of sold price.


"www.coinminer.com where they" 

They as in gigawatt parterns owns coinminer, so now they are going to screw you on the front end and screw you on the back end.  Haha.

[bitcoinguy140]

So to break it down.  Gigawatt sold you this dream, promised you cheap power and you had to lock up your money for MONTHS while they used it for whatever they wanted.(You would have doubled it by just putting it in bitcoin)  Then when it comes time to collect, they tell you that you no thank you.  You would have assumed they would have sent test samples to the PUD inspection to avoid problems.

By the time they get up and running, realistically would be 16-20 weeks from today.  Do you think they are going to be putting token holders in those slots first?   That would be nieve.  The inside investors, friends, and family, get those slots first.  I would only imagine the lawyers strategically manipulated the terms for that.  by the time your miners get online, the difficulty will add 4-6 months ROI while you missed out on the initial wave of profits.


Essentially, you are bag holders for their global power plant project.  You footed the bill.

This is why ICOs should be regulated.

[marsvn]

I have token now for rent, but cannot host my L3. They refused to refund the D3 in Nov or even in Dec, which seem to be no slot to deploy.
It is disappointing.

[mextrusion]

I spent $15000 for tokens and miners.

Tokens had a countdown timer for release and they stopped it. Tokens purchased aren't even trade able and the dates they just gave are off schedule.
I have no idea on how to sell my miners. I have no idea when the tokens or miners will be usable.
I would expect that,  since were losing so much, they would distribute bonus tokens or something to compensate for the losses were having. 

Perhaps it just doesn't matter to them, they may just care about what they are getting. I'm guessing all of them are already trading the commission tokens they received from the sale until they go to zero. Someone is trading them.

[twistedpineapple]

I have token now for rent, but cannot host my L3. They refused to refund the D3 in Nov or even in Dec, which seem to be no slot to deploy.
It is disappointing.

Shouldn't pods 3, 4 and 5 be ready by December? So your D3 should have a home then. It is your L3 which you might as well sell.

[twistedpineapple]

so lets summarise it : we should expect receiving batch 3 tokens around Christmas ?

Dave said on telegram that batch 3 tokens should be released in around two weeks which probably lines up with when pods 1 and 2 come online.