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

[Crypto_wtt_2017]

You can purchase/sell WTT tokens on etherdelta exchange without any issues. A bit time-consuming process due to its decentralized nature, otherwise it works very well.

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[Albortz]

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? 

Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke

[Gervais8338]

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? 

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke

[Gervais8338]

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? 

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them

[Gervais8338]

I own 1900 token. how can I sell them

[Albortz]

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? 

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them

You have a total amount of coins equal to a total amount of watt. Each token has a maximum lifetime of what? 50 years?

Every day that passes, the rest value of the token diminishes a little bit more. It's opportunity costs you need to use for calculation.

Sure idiots might trade them but at some point, driving the price up.


30.000.000 watts(token=watt) are 1500 antminre (more or less)

they safe you 18.000.000m Dollars per year (30k k/W x 50Dollar x 12 month)  for hosting fees  (this is the max amount you can save from hosting)

over 50 years that makes  900.000.000 dollars worth.



That means the token Value is 30 Dollar BUT only if you use them for 50 years straight. AND considering that you do not profit from paying exactly the value you would need to pay for hosting (if you had no coins at all) you will see lower prices for token (getting less every year)


That's why I say 1000 bucks for a token is unlikely.  Besides, to get even a glimpse of the Real Lofe Value of the token, they would need to actually operate your miners



The reason the price is increasing is due to the fact that mining locations are not available everywhere and most people do not want S9 in their basement because they did not expect the heat or noise. OR they ordered like a lot of people dozens of S9 without realizing they cant plug them to one circuit in their house lol

[kjs]

I own 1900 token. how can I sell them

You can see the markets (exchanges typically) for WTT tokens here: https://coinmarketcap.com/currencies/giga-watt-token/#markets

[jfgosselin]

When I try to withdraw (to another ETH account) my tokens from giga-watt.com I get this error, why ?


"Can not reserve eth for wtt transaction. It should be greater then (0.005000000000000000).

359 WTT available"

https://imgur.com/UKyhuv9

[jambo110]

When I try to withdraw (to another ETH account) my tokens from giga-watt.com I get this error, why ?


"Can not reserve eth for wtt transaction. It should be greater then (0.005000000000000000).

359 WTT available"



I guess you need a lil eth(gas) to move it.

[buyingcoins]

Here's a step by step guide to setting up a wallet and buying Giga Watt Token (WTT): https://getcrypto.info/giga-watt-token/

[Gervais8338]

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. :-(

Hello, are you able to sell your wtt token because I try to sell them too

[Jason01]

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ?  

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them

You have a total amount of coins equal to a total amount of watt. Each token has a maximum lifetime of what? 50 years?

Every day that passes, the rest value of the token diminishes a little bit more. It's opportunity costs you need to use for calculation.

Sure idiots might trade them but at some point, driving the price up.


30.000.000 watts(token=watt) are 1500 antminre (more or less)

they safe you 18.000.000m Dollars per year (30k k/W x 50Dollar x 12 month)  for hosting fees  (this is the max amount you can save from hosting)

over 50 years that makes  900.000.000 dollars worth.



That means the token Value is 30 Dollar BUT only if you use them for 50 years straight. AND considering that you do not profit from paying exactly the value you would need to pay for hosting (if you had no coins at all) you will see lower prices for token (getting less every year)


That's why I say 1000 bucks for a token is unlikely.  Besides, to get even a glimpse of the Real Lofe Value of the token, they would need to actually operate your miners



The reason the price is increasing is due to the fact that mining locations are not available everywhere and most people do not want S9 in their basement because they did not expect the heat or noise. OR they ordered like a lot of people dozens of S9 without realizing they cant plug them to one circuit in their house lol

All what we need, is put token on large exchanges.
This token has a real value because you exchange it for energy, that's why it will attract for buyers who, through speculation, will raise its price
All your calculations are based on current costs. Energy will always be more expensive. Servicesin companes like giga watt will always raise fees for customer. I'm sure that giga watt planned his project in such a way that there is still a lot of room for customers who do not have tokens because in this way they earns more. The customers who bought the coins in pre-sell  paid for the construction, this is the reason why  they got a cheap electricity as a gift.
From the giga watt point of view, the token can be very expensive because it will make more customers without tokens and they will pay more for use of giga watt services.

When all the mainers will installed and they locate their tokens in the giga watt, there will be small amount coins in circulation and the demand will soon increase the price of the token.
giga watt will become an easy tool for speculation because the number of coins in circulation will be very small

In my opinion it is last time for buy becouse around april/may  price will rise up

Btw I have question. On the coinmarketcap I see two exchanges available for giga watt tokens. EtherDelta and HitBTC. Why is so big difrent in price? on the first one 1.6$ and second one 3$
on both of them you can sell and buy WTT without a problem?

P.S. i hope it is clear becouse english is my third language

[cuteman]

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them

Where did you see 5 usd??    It was never more than 2.5 usd - at that was long time ago.

usually It is always below $2.

[cuteman]

CNBS just recorder a video about GW town - Wenatchee  


Why one small Washington town has seen so many bitcoin miners move in ?
- Low-cost electricity has brought dozens of bitcoin miners to the small town of Wenatchee, Washington.
- Cool temperatures also help keep the necessary servers at the right temperature.

A small town three hours east of Seattle is turning into the epicenter of bitcoin mining in the United States.

Wenatchee, Washington is home to a dozen of the largest bitcoin and cryptocurrency miners in the country. And the head of the local power utility, Steve Wright, says another 75 have inquired about coming here since the price of bitcoin surged in December.

https://www.cnbc.com/2018/01/11/wenatchee-washington-and-the-bitcoin-gold-rush.html

[cuteman]

Btw I have question. On the coinmarketcap I see two exchanges available for giga watt tokens. EtherDelta and HitBTC. Why is so big difrent in price? on the first one 1.6$ and second one 3$
on both of them you can sell and buy WTT without a problem?

HitBTC sells only  IOY tokens - futures.  You can buy them now, but you will get them only after the last wtt batch will be released somewhere in March.

[Jason01]

Btw I have question. On the coinmarketcap I see two exchanges available for giga watt tokens. EtherDelta and HitBTC. Why is so big difrent in price? on the first one 1.6$ and second one 3$
on both of them you can sell and buy WTT without a problem?

HitBTC sells only  IOY tokens - futures.  You can buy them now, but you will get them only after the last wtt batch will be released somewhere in March.

thanks for the answer. that the only one exchange where you can sell and buy real WTT tokens is EtherDelta?

CNBS just recorder a video about GW town - Wenatchee  


Why one small Washington town has seen so many bitcoin miners move in ?
- Low-cost electricity has brought dozens of bitcoin miners to the small town of Wenatchee, Washington.
- Cool temperatures also help keep the necessary servers at the right temperature.

A small town three hours east of Seattle is turning into the epicenter of bitcoin mining in the United States.

Wenatchee, Washington is home to a dozen of the largest bitcoin and cryptocurrency miners in the country. And the head of the local power utility, Steve Wright, says another 75 have inquired about coming here since the price of bitcoin surged in December.

https://www.c[Suspicious link removed]m/2018/01/11/wenatchee-washington-and-the-bitcoin-gold-rush.html

Wenatchee rules 

[cuteman]

thanks for the answer. that the only one exchange where you can sell and buy real WTT tokens is EtherDelta?

Yes.  In future GW may list on other exchanges as well, but i don't expect this in near months.

[Dopert]

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

Thanks cuteman. I know you are spot on to GW side. But i need your input so i dont to the edge of calling it scam. I can inheart the situation and non scam leads, beside many dissapiontments.

It lives and will grow to the word for sure. Nice pics btw. Little ice good for cooling 

Txs for updating the form with facts, tumbs up !

[kjs]

When I try to withdraw (to another ETH account) my tokens from giga-watt.com I get this error, why ?

"Can not reserve eth for wtt transaction. It should be greater then (0.005000000000000000).

359 WTT available"

Quite simply because you need 0.005 ETH in your account in order to pay the transaction fee to cover the WTT transfer.

[Dopert]

Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ?  

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke

So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them

You have a total amount of coins equal to a total amount of watt. Each token has a maximum lifetime of what? 50 years?

Every day that passes, the rest value of the token diminishes a little bit more. It's opportunity costs you need to use for calculation.

Sure idiots might trade them but at some point, driving the price up.


30.000.000 watts(token=watt) are 1500 antminre (more or less)

they safe you 18.000.000m Dollars per year (30k k/W x 50Dollar x 12 month)  for hosting fees  (this is the max amount you can save from hosting)

over 50 years that makes  900.000.000 dollars worth.



That means the token Value is 30 Dollar BUT only if you use them for 50 years straight. AND considering that you do not profit from paying exactly the value you would need to pay for hosting (if you had no coins at all) you will see lower prices for token (getting less every year)


That's why I say 1000 bucks for a token is unlikely.  Besides, to get even a glimpse of the Real Lofe Value of the token, they would need to actually operate your miners



The reason the price is increasing is due to the fact that mining locations are not available everywhere and most people do not want S9 in their basement because they did not expect the heat or noise. OR they ordered like a lot of people dozens of S9 without realizing they cant plug them to one circuit in their house lol

Agree there is a max value of the token. Still $30 is very high (include risks), will sell everything  

If poeple invest they will look like 5 years invest at front and not 50 years, then roi is very low, depending how you vaue wtt after the periode. Still big investment for mining. So psychologici i think also around $5.