jambo110
Legendary
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Activity: 1311
Merit: 1003
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January 07, 2018, 11:01:19 AM |
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My miners started to hashing today after 7 months. I can also confirm that miners have been using my tokens (They were rented out earlier). I do understand that it is a bit frustrating to wait when BTC/ETH/LTC coin prices were shot up in the past two months and we couldn't ride the wave. However, I would like to point out one of earlier posts - "When virtual world meets real world these kinds of delays do happen". We are spoiled with the speed of getting many online items immediately and started to expect that the same from this project, but it took many years and huge effort to establish e-commerce businesses which we don't realize. So this kind of delay is not uncommon in terms of real-world work, please note that I am not defending giga-watt, just stating facts related to project scope and related risks.
For example, to build a mobile tower from purchasing or leasing land to make it operational requires clearance from 33 different govt departments(dealing with govt departments are always process oriented and time-consuming). So I believe giga-watt encountered an issue with one of the regulatory approval processes, hence the project has been delayed.
One more - Dave is also coming from tech background stepping into the business world now(Software developer to CEO) and I believe he is learning tricks of the trade - Managing expectation. Techie guys are not natural business people due to different personality types - I hope he will manage that expectation area well next time.
So, please put this is an early adopter experience and move on. I hope that your miners and tokens will show up on your account soon!
Good luck to everyone!
Congrats, will go check mine too....... Naah, not so lucky, no miners showing quite yet.
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Crypto_wtt_2017
Newbie
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Activity: 5
Merit: 0
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January 07, 2018, 11:27:36 AM |
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You will receive an email notification once your miner is up and running. Please check your registered email address(the one you used to purchase the miner). This email contains the notification with a username with temporary password. It seems Giga-watt team uses your original email id for security reasons and you don't have the option to modify it. Account clearly shows three different categories - Rewards, WTT_Rent and Hosting_Fee.
The mobile app is really cool and very handy.
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jambo110
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Activity: 1311
Merit: 1003
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January 07, 2018, 11:54:39 AM |
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Thanks, but still same no mail yet, i still suggest not to download the app during these early stages, very risky.
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Fabriz
Member
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Activity: 392
Merit: 10
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January 07, 2018, 03:15:13 PM |
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But if i move the tokens to the Giga-Watt wallet i can rent them ? What's the roi ?
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chip1982
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January 07, 2018, 05:40:56 PM |
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But if i move the tokens to the Giga-Watt wallet i can rent them ? What's the roi ?
1. yes, you can rent them out 2. 4.2 cents/KW/h if you rent to large customers with > 100 miners. But you won't be able to rent out all tokens. Approx. 40-60%.
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cuteman
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January 07, 2018, 08:15:04 PM |
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But if i move the tokens to the Giga-Watt wallet i can rent them ? What's the roi ?
1. yes, you can rent them out 2. 4.2 cents/KW/h if you rent to large customers with > 100 miners. But you won't be able to rent out all tokens. Approx. 40-60%. One will be able to rent out all tokens after all miners will be deployed, I think. At the beginning, is Sep-Oct one could rent 100% tokens at the lowest 4.2 rent. And it gives about 30% a year. not 60
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cuteman
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January 07, 2018, 08:19:48 PM |
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OK, thank you! I want to sell them and saw that they have a WTT-Token-Wallet. so it is possible to sell it there and get ETH or BTC for it, right?
No, currently HitBTC does nor allow nor deposit WTT tokens from outside, nor send them somewhere if you had bought them on HitBTC. I bought a few hundred of wtt there in September for about 1.3$ , but was not able to withdraw. Finally I sold them on HitBTC for 2.5$ somewhre in December, because they don't give ANY indication when they will allow to withdraw.
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Grandmaster Nitemare
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Activity: 35
Merit: 0
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January 07, 2018, 08:35:56 PM |
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OK, thank you! I want to sell them and saw that they have a WTT-Token-Wallet. so it is possible to sell it there and get ETH or BTC for it, right?
No, currently HitBTC does nor allow nor deposit WTT tokens from outside, nor send them somewhere if you had bought them on HitBTC. I bought a few hundred of wtt there in September for about 1.3$ , but was not able to withdraw. Finally I sold them on HitBTC for 2.5$ somewhre in December, because they don't give ANY indication when they will allow to withdraw. Yes, thats sadly true! Wanted to deposit WTT but than I got the message that this is not possible yet. :-(
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Crypto_wtt_2017
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Activity: 5
Merit: 0
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January 09, 2018, 11:47:22 AM |
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Looking to buy some WTT tokens, PM if interested. Thanks
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eliq
Newbie
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Activity: 2
Merit: 0
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January 09, 2018, 12:24:18 PM |
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Its a pitty that their focus of infrastructure use is too narrow, i.e. limited to mining only. I can imagine the tokens to be rented in future for several different use-cases (cloud services, HPC, hosting ...). If this project survives, and they satisfy the condition that all the tokens on their platform are rentable (not only 30-70 % of them as now), the pontetial is quite good. At the lowest rent price now of 4.20 ¢/kWT/h, 1 token can generate $0.3 neat profit per year, which is 15 % roi at the token price of 2 $. Moreover, you can still trade the token. In future, however, the electricity costs will hardly decrease so the token will be for sure rented at more competetive prices than now.
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contremaitre
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Activity: 5
Merit: 0
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January 09, 2018, 02:29:53 PM |
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Hello, I have some WTT rented on giga-watt.com, it worked fine until end of december, but since a few days (weeks ?) I don't receive any hosting income. My 30 days income show positive value, but my 24 hours income is 0 since several days, although WTT are rented
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server
Legendary
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Activity: 892
Merit: 1002
1 BTC =1 BTC
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January 09, 2018, 04:21:33 PM |
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Is the project currently operational? is there any plan for 2018 and beyond? Developments that are available can not just disappear, so if the work is not being done, on which project does the team work?
Definetely not a scam. Considering your forum posts I think you're a shill. Giga-watt refuses to mine with hardware they have in possession for 3-4 month now. Enough WTT tokens in my Giga-watt account but they don't enable my hardware. This is scamming in my vocabulary.
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Gervais8338
Newbie
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Activity: 6
Merit: 0
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January 09, 2018, 08:38:40 PM |
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Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ?
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mextrusion
Newbie
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Activity: 47
Merit: 0
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January 09, 2018, 11:02:55 PM |
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Any good news?
My tokens were issued about 2 weeks ago and I'm generating some income on renting. But my 2 miners aren't up yet. Anyone recently get their miners up and running?
Same here. I purchased my antminer early juli. Still waiting in hardware deployment que. When did you purchase the miners by GigaWatt? Once people get their miners deployed, they will be happy ans stop complaining. I only purchased 1 S9 and 3 L3's The S9 has been deployed for about 1.5 months and the L3's are still waiting. I can't be much happier as the S9 that was deployed has already paid for itself in a month and a half. Awesome company with some start up issues. I wish I would have bought more. I could kick myself. My L3's will be deployed in two weeks. I can't wait to mine some to the newer coins and interesting projects they have. I purchased about 10,000 extra tokens for the future.
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MikeyKing
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Activity: 25
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January 10, 2018, 11:13:18 AM |
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I’m looking to buy like 500 tokens - maybe more if anyone has.. please dm me if you have.
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cuteman
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January 10, 2018, 02:43:25 PM |
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Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? noncence. It has only unility usage, not speculation. You can see that even now when all alts are dropping, wtt price is stable - so this is not a pump&dump token BTW there is a fresh info about new development in Pangborn : https://medium.com/gigawatt/pangborn-development-site-ii-99cbf6974bd7
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Gervais8338
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Activity: 6
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January 10, 2018, 03:52:13 PM |
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Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? noncence. It has only unility usage, not speculation. You can see that even now when all alts are dropping, wtt price is stable - so this is not a pump&dump token BTW there is a fresh info about new development in Pangborn : https://medium.com/gigawatt/pangborn-development-site-ii-99cbf6974bd7Hi, Thank you for the information, the work is progressing, I really think it's a good investment and it's a serious company. I agree that it is not a speculation token but the capitalization of the company can increase, what do you think?
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server
Legendary
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Activity: 892
Merit: 1002
1 BTC =1 BTC
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January 10, 2018, 04:28:54 PM |
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Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? noncence. It has only unility usage, not speculation. You can see that even now when all alts are dropping, wtt price is stable - so this is not a pump&dump token BTW there is a fresh info about new development in Pangborn : https://medium.com/gigawatt/pangborn-development-site-ii-99cbf6974bd7Hi, Thank you for the information, the work is progressing, I really think it's a good investment and it's a serious company. I agree that it is not a speculation token but the capitalization of the company can increase, what do you think? Hi, I think you're ignoring some signals that Giga-Watt Inc. is ignoring/scamming their customers. Would you like to be scammed ?
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blockchainbits26
Newbie
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Activity: 45
Merit: 0
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January 10, 2018, 08:08:28 PM |
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Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? noncence. It has only unility usage, not speculation. You can see that even now when all alts are dropping, wtt price is stable - so this is not a pump&dump token BTW there is a fresh info about new development in Pangborn : https://medium.com/gigawatt/pangborn-development-site-ii-99cbf6974bd7Hi, Thank you for the information, the work is progressing, I really think it's a good investment and it's a serious company. I agree that it is not a speculation token but the capitalization of the company can increase, what do you think? The main value WTT tokens have is discounted energy costs for mining. They aren't shares of the company, so even if Giga Watt the company increases in value the tokens are unlikely to move at all. Energy costs across the country would have to sky rocket for the Giga Watt token to increase a lot, which seems unlikely. If you aren't planning to mine with the tokens I would recommend investing elsewhere.
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