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

[inspiredinvestor]

and their silence makes it appear as Ponzi... I am really getting concerned about my investment. Do they really have capacity they claim?

Hope to get clear answer

P.S.
Not trying to troll, really would like to know how renting (on receiving end) happens? Somebody says he rented out 70% - so 30% is still available- right?
Was anybody able to host their by renting WTT?

Sure this is not a scam, and they will have all capacity declared when they will finish all PODs.

Many people are already mining, including myself (though half of my miners are still not deployed,  waiting for December).

I have lots of tokens and yesterday took the leap and brought my first miner the Antminer L3+ due in December. I am super excited. I have been mining non-seriously on my GPU/CPU since 2013 but Giga Watt has made it easy for me to take the next step. I am so excited.
What are other people using to mine at Giga Watt right now?

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[Lucas Johannesburg]

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If there is an above average knowledgeable person on this forum who can answer this question please..
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Is there a catalyst that will push WTT tokens price up? And what is that catalyst.
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I ask that because, I am assuming that WTTs price is pretty much tied to the their electricity rate.
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If you are renting tokens out as I am you will make about .30 cents a year per token you rent out.
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You can make about 20% a year per rented out token with the price at $1.50 right now. If the token goes up to $10 then you will make only 3% a year per rented token.

[GlobalProtection]

Anyone here bought Dash miners for over $2,000 and over $3,000 USD that are still waiting for deployment and you were not given any warning that you could lose big by purchasing these?


Please speak up because I have some information for you that I think you can work with to try and get a bail out for your particular situation.


I know someone who purchased some of these Dash miners for over $2,000 and over $3,000 and his miners have not been deployed yet, and I have an email letter that reveals some facts that those who lost big can use in their favor.  I am talking about big money that can be tapped to help you Dash miner purchasers get a bail out.


The Dash Miners are currently generating about $50 per month and you people who purchased them are suppose to waste your 1320 tokens on that kind of return when you can be making much more with a spread of other people's miners?  Giga-Watt should host your Dash miners for free to help with the bail out. I will show you how easily you could be bailed out if the person in charge is a good person as well as a good business man.


What I am going to reveal will need to be used by a group of you Dash miners to keep knocking on the door of Giga-Watt with, so you get justice for buying miners that you were not given any extreme warning about before you purchased them. I can only reveal this privately to you and not on this forum because the information is of a sensitive nature.

[EvilDead750]

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If there is an above average knowledgeable person on this forum who can answer this question please..
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Is there a catalyst that will push WTT tokens price up? And what is that catalyst.
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I ask that because, I am assuming that WTTs price is pretty much tied to the their electricity rate.
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If you are renting tokens out as I am you will make about .30 cents a year per token you rent out.
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You can make about 20% a year per rented out token with the price at $1.50 right now. If the token goes up to $10 then you will make only 3% a year per rented token.

Yea you nailed it on the head. Buying to rent the tokens are only going to be good if you buy them real cheap. If you don't get the tokens cheap than best to buy a miner to host with Giga-Watt, take a lower rate of return, or sell. As far as a catalyst that would drive the price unreasonable high . . . I'm guessing if other similar mining ICOs like Giga-Watt end up failing or if the USA is a favored mining location. Or if some new miners come out that are very profitable then a higher price of WTT could be afforded. Or if Giga-watt hosts GPU miners for decentrailzed computing which is "suppose" to be more profitible that mining in the future. Looks like they will be doing that already with PlayKey (an ICO for video-games). Miners will be hosted at Gigawatt for decentralized gaming GPU power. So yea there is a possibility of the WTT going much higher.

If there is a lot of competition for Gigawatt in the future and they don't offer other mining options other than BCN, Dash, Ltc, Eth than yea factor in electricity cost and make your calculations.

[coincoen]

I just bought my first miner (just before the market dipped   )
I got email confirmation for the purchase, but the minder doesnt show up in my Dashboard.

Is it normal for it just to show up when it is actually ready to use?
Or should I hear/see something after purchase confirmation via email?

hope somebody with experience can share ?

thanks

[CryptoPedro]

I just bought my first miner (just before the market dipped   )
I got email confirmation for the purchase, but the minder doesnt show up in my Dashboard.

Is it normal for it just to show up when it is actually ready to use?
Or should I hear/see something after purchase confirmation via email?

hope somebody with experience can share ?

thanks

They won't show up on your dashboard until they are actually deployed and running. I ordered my miners back in July scheduled for a September deployment, and they still haven't shown up on my dashboard, as the entire batch got pushed back to December. The miners are kind of just in limbo until then. Crossing my fingers everything works out. We are putting a lot of trust in a very convoluted and non-transparent process.

[coincoen]

I just bought my first miner (just before the market dipped   )
I got email confirmation for the purchase, but the minder doesnt show up in my Dashboard.

Is it normal for it just to show up when it is actually ready to use?
Or should I hear/see something after purchase confirmation via email?

hope somebody with experience can share ?

thanks

They won't show up on your dashboard until they are actually deployed and running. I ordered my miners back in July scheduled for a September deployment, and they still haven't shown up on my dashboard, as the entire batch got pushed back to December. The miners are kind of just in limbo until then. Crossing my fingers everything works out. We are putting a lot of trust in a very convoluted and non-transparent process.

Thank you for sharing !

The returns are quite good though, maybe not compared to holding when the market is bullish like the last few days, but in a more stable market it's quite prommising.

[fm1984]

Why all the secrecy, just spill it out...

Anyone here bought Dash miners for over $2,000 and over $3,000 USD that are still waiting for deployment and you were not given any warning that you could lose big by purchasing these?


Please speak up because I have some information for you that I think you can work with to try and get a bail out for your particular situation.


I know someone who purchased some of these Dash miners for over $2,000 and over $3,000 and his miners have not been deployed yet, and I have an email letter that reveals some facts that those who lost big can use in their favor.  I am talking about big money that can be tapped to help you Dash miner purchasers get a bail out.


The Dash Miners are currently generating about $50 per month and you people who purchased them are suppose to waste your 1320 tokens on that kind of return when you can be making much more with a spread of other people's miners?  Giga-Watt should host your Dash miners for free to help with the bail out. I will show you how easily you could be bailed out if the person in charge is a good person as well as a good business man.


What I am going to reveal will need to be used by a group of you Dash miners to keep knocking on the door of Giga-Watt with, so you get justice for buying miners that you were not given any extreme warning about before you purchased them. I can only reveal this privately to you and not on this forum because the information is of a sensitive nature.

[Lucas Johannesburg]

Why all the secrecy, just spill it out...

Anyone here bought Dash miners for over $2,000 and over $3,000 USD that are still waiting for deployment and you were not given any warning that you could lose big by purchasing these?


Please speak up because I have some information for you that I think you can work with to try and get a bail out for your particular situation.


I know someone who purchased some of these Dash miners for over $2,000 and over $3,000 and his miners have not been deployed yet, and I have an email letter that reveals some facts that those who lost big can use in their favor.  I am talking about big money that can be tapped to help you Dash miner purchasers get a bail out.


The Dash Miners are currently generating about $50 per month and you people who purchased them are suppose to waste your 1320 tokens on that kind of return when you can be making much more with a spread of other people's miners?  Giga-Watt should host your Dash miners for free to help with the bail out. I will show you how easily you could be bailed out if the person in charge is a good person as well as a good business man.


What I am going to reveal will need to be used by a group of you Dash miners to keep knocking on the door of Giga-Watt with, so you get justice for buying miners that you were not given any extreme warning about before you purchased them. I can only reveal this privately to you and not on this forum because the information is of a sensitive nature.

I smell a pitch of some sort to sell a product...

[Lay94]

I understand that 1 WTT token is supported by exactly 1 Watt of capacity. I hear people have problem renting tokens out - so there is free capacity.

However when I asked their Customer Service about that, I was told to come back in January...

Due to delays and long deployment process it happed that currently there were more tokens issued than mining capacities working, that is why there are people with tokens who can't rent out 100%.   I am about 15% of tokens not rented out, and rest is rented out.

But this situation should change in December when most rigs will be deployed, and those who rent out now, will start using these tokens for themselves to mine.

That is why GW says to you to come in January.  They are not sure how thig will go, because there may always appear new requirements from US officials which may delay deployment again.

Thanks for answering!

So you are saying the problem is in their slow deployment process, not shortage of power capacity?

[Jayjay04]

There are available WTT to rent !!
Bring your miners in !

[Albortz]

I am kinda surprised that there is not a class action lawsuit against them.

In the end, this is still America... or so... How do you say that? I guess that's the right meme sentence


But seriously does no one of you feel the need to sue them?


PS: I do not practice in America so don't ask me to represent you

[unlimitedtires]

I have read many complains of people who have paid for their miners and gigawatt does not put them into operation. I think gigawatt is stealing money from investors, because every time it is postponed for the next month and then for the next one, investors are losing money and complexity is increasing. I think gigawatt uses the investors' money, buys the equipment and mine several months for free, taking advantage and profits that do not correspond to them.
It is not possible that a supposedly serious company, delayed agreed deployments months and months .. I have not read yet to anyone who has their equipment mining and making money in gigawatt, nobody!

[cuteman]

FINALLY!!   Giga-watt posted answers to numerous questions, which they should do long time ago  :

https://medium.com/gigawatt/recently-asked-questions-and-points-of-clarification-6ad1838433ff

[cuteman]

I am kinda surprised that there is not a class action lawsuit against them.

If you sue them this may lead to the bankraptcy, and you will loose all your money - nobody wants this!

Delay of 3 monthes is not indication of the scam.  In a couple of monthes they should deploy everybody, and everybody will be happy 

[cuteman]

Anyone here bought Dash miners for over $2,000 and over $3,000 USD that are still waiting for deployment and you were not given any warning that you could lose big by purchasing these?


Please speak up because I have some information for you that I think you can work with to try and get a bail out for your particular situation.


I know someone who purchased some of these Dash miners for over $2,000 and over $3,000 and his miners have not been deployed yet, and I have an email letter that reveals some facts that those who lost big can use in their favor.  I am talking about big money that can be tapped to help you Dash miner purchasers get a bail out.


The Dash Miners are currently generating about $50 per month and you people who purchased them are suppose to waste your 1320 tokens on that kind of return when you can be making much more with a spread of other people's miners?  Giga-Watt should host your Dash miners for free to help with the bail out. I will show you how easily you could be bailed out if the person in charge is a good person as well as a good business man.


What I am going to reveal will need to be used by a group of you Dash miners to keep knocking on the door of Giga-Watt with, so you get justice for buying miners that you were not given any extreme warning about before you purchased them. I can only reveal this privately to you and not on this forum because the information is of a sensitive nature.

Hi I bought a few D3 miners from the first batch over $3000, but this was a first batch of Bitmain that costed very high, close to $3000, so GW just followed Bitmains' high price.  As soon as Bitmain lowered the price, GW lowered as well.   So this high price is not a 100% fault of GW, be fair.

But I would be glad if you could share your thoughts, maybe in private.   I beleive we should not act like gangsters threatening GW to sue them, as this may lead to a very bad aftermath, as we all may loose everything.    But if we can just settle some agreement in a peaceful way, this would be nice.

[cuteman]

So you are saying the problem is in their slow deployment process, not shortage of power capacity?

BOTH, because delay is with UL certification and with material arrival due to hurricane etc.

REGARDING DELAYS

Unfortunately there have been many factors beyond Giga Watt’s control in the past few months. These have included numerous government inspections, delays in the delivery of power equipment and transformers due to recent hurricanes, month long connection delays to electricity pods 3/4/5 by the Grant County PUD (Power Utility Department), delayed delivery of our Alpha miners, building inspectors insisting on UL certified Power Supply Units (PSU) — something that the manufacturer provided PSUs didn’t have, and flow on supply chain problems as a result.

 

[cuteman]

I have read many complains of people who have paid for their miners and gigawatt does not put them into operation. I think gigawatt is stealing money from investors, because every time it is postponed for the next month and then for the next one, investors are losing money and complexity is increasing. I think gigawatt uses the investors' money, buys the equipment and mine several months for free, taking advantage and profits that do not correspond to them.
It is not possible that a supposedly serious company, delayed agreed deployments months and months .. I have not read yet to anyone who has their equipment mining and making money in gigawatt, nobody!

They have white paper, where you can read that they bear no responsibility for delays caused by government etc. Also they have no responsibility for mining losses etc.  Everything is at your risk.    They did not break this document.   If you put your money there you should read WP and accept it or not.

[cuteman]

Then why aren't dealt with being sued? They sleep well at night while the annoyed investors don't. They do business with lots of money that were given to them. Lots of people know about the issue. So? Where is justice?

I am pretty sure lots of people would have been happy if gigawatt did stay in their place and not try to fool anyone.

Delays are NOT thier fault.  Nobody could predict that US government will screw GW customers (in fact) by Suddenly demanding UL certification for PSU - which never happened in the past to ANY mining farm .  

Read this explanation in their article - REGARDING DELAYS  :

https://medium.com/gigawatt/recently-asked-questions-and-points-of-clarification-6ad1838433ff

[CryptoPedro]

It's December!!!! Where are my Batch4 tokens? Is my miner installed yet? C'mon guys, we don't have all month!

Alternatively, how about just a comprehensive and current status update? I'd be happy with that. Although the FAQ they just released has some good explanations of delays and some cool pics. So there's that!