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

[cuteman]

Some of the successes in crypto have been in part because they were the first and sometimes only ones. Of course, the innovation in crypto is the best part.

I think, when the gigawatt tokens will enter on bigger exchange at march/april, the price will quickly grow to around 5-10 dollars

Don't think so. Why will people pay $15 000 for just one miner deployment??   This is ridiculous.   It is much better to pay the highest rate of 9 cents for the electricity& maintainance.   

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[aldor3]

Some of the successes in crypto have been in part because they were the first and sometimes only ones. Of course, the innovation in crypto is the best part.

I think, when the gigawatt tokens will enter on bigger exchange at march/april, the price will quickly grow to around 5-10 dollars

Don't think so. Why will people pay $15 000 for just one miner deployment??   This is ridiculous.   It is much better to pay the highest rate of 9 cents for the electricity& maintainance.   

I think most of the market is being driven by people who RENT OUT and profit from owning tokens not actually use themselves for miners..
That is the reason I also expect the price to go up-up-up.
As long as the team does a good job !

[chip1982]

Check out the Singapore shop.

There is a new Giga Watt Alpha 200 version 2 for: 4.499 USD  (delivery April). Not possible to order yet.

I can't see any difference to version 1 which was sold for 3.199 USD. But maybe I'm just too stupid......

[Jason01]

Some of the successes in crypto have been in part because they were the first and sometimes only ones. Of course, the innovation in crypto is the best part.

I think, when the gigawatt tokens will enter on bigger exchange at march/april, the price will quickly grow to around 5-10 dollars

Don't think so. Why will people pay $15 000 for just one miner deployment??   This is ridiculous.   It is much better to pay the highest rate of 9 cents for the electricity& maintainance.   

I think most of the market is being driven by people who RENT OUT and profit from owning tokens not actually use themselves for miners..
That is the reason I also expect the price to go up-up-up.
As long as the team does a good job !

I think the same. WTT must go on the another exchange and then the price will go up.
GW support informed me that at the end of March tokens will be added to the new exchange.

[cuteman]

Some of the successes in crypto have been in part because they were the first and sometimes only ones. Of course, the innovation in crypto is the best part.

I think, when the gigawatt tokens will enter on bigger exchange at march/april, the price will quickly grow to around 5-10 dollars

Don't think so. Why will people pay $15 000 for just one miner deployment??   This is ridiculous.   It is much better to pay the highest rate of 9 cents for the electricity& maintainance.  

I think most of the market is being driven by people who RENT OUT and profit from owning tokens not actually use themselves for miners..
That is the reason I also expect the price to go up-up-up.
As long as the team does a good job !

Don't understand your point.   With $1 price renting brings 30% profit - that is 30 cents a year.   If WTT will cost $10 -  it will still bring 30 cents, that is 3% a year.

What will be the sence for people to buy WTT at  such  hight price ??

[Jason01]

Some of the successes in crypto have been in part because they were the first and sometimes only ones. Of course, the innovation in crypto is the best part.

I think, when the gigawatt tokens will enter on bigger exchange at march/april, the price will quickly grow to around 5-10 dollars

Don't think so. Why will people pay $15 000 for just one miner deployment??   This is ridiculous.   It is much better to pay the highest rate of 9 cents for the electricity& maintainance.  

I think most of the market is being driven by people who RENT OUT and profit from owning tokens not actually use themselves for miners..
That is the reason I also expect the price to go up-up-up.
As long as the team does a good job !

Don't understand your point.   With $1 price renting brings 30% profit - that is 30 cents a year.   If WTT will cost $10 -  it will still bring 30 cents, that is 3% a year.

What will be the sence for people to buy WTT at  such  hight price ??

If I am to be honest then I will not look at it from this side. I understand calculations. I think the price will rise strongly through speculation. it is a project where all the plans and assumptions were really implemented. GW team has done a lot of work. the token represents the real value. after adding it to a large exchange, people will "atack" him like lions atack antelope: P
99.9% of all coins at the coinmarketcap have no real value and somethimes have price above 200$ only becouse someone find some good news (somethimes fake news).
there is a very small number of tokens in circulation and very little circulation. Most miners will put their tokens on the GW account. and a very small number of token will be circulated. it will be very simple make price 10 times bigger in 15 minutes.

[cuteman]

If I am to be honest then I will not look at it from this side. I understand calculations. I think the price will rise strongly through speculation. it is a project where all the plans and assumptions were really implemented. GW team has done a lot of work. the token represents the real value. after adding it to a large exchange, people will "atack" him like lions atack antelope: P
99.9% of all coins at the coinmarketcap have no real value and somethimes have price above 200$ only becouse someone find some good news (somethimes fake news).
there is a very small number of tokens in circulation and very little circulation. Most miners will put their tokens on the GW account. and a very small number of token will be circulated. it will be very simple make price 10 times bigger in 15 minutes.

Every coin promises to fix particular problem:  fast transactions, privacy, identification, mass adoption etc.etc.   People who buy coins  hope to find "next etherium".  

Gigawatt coin does not promise Next big thing.  It promises very limited utility use only, though quite valuable.  Thus I am not sure it will be attractive for non-miners.

[Jason01]

If I am to be honest then I will not look at it from this side. I understand calculations. I think the price will rise strongly through speculation. it is a project where all the plans and assumptions were really implemented. GW team has done a lot of work. the token represents the real value. after adding it to a large exchange, people will "atack" him like lions atack antelope: P
99.9% of all coins at the coinmarketcap have no real value and somethimes have price above 200$ only becouse someone find some good news (somethimes fake news).
there is a very small number of tokens in circulation and very little circulation. Most miners will put their tokens on the GW account. and a very small number of token will be circulated. it will be very simple make price 10 times bigger in 15 minutes.

Every coin promises to fix particular problem:  fast transactions, privacy, identification, mass adoption etc.etc.   People who buy coins  hope to find "next etherium".  

Gigawatt coin does not promise Next big thing.  It promises very limited utility use only, though quite valuable.  Thus I am not sure it will be attractive for non-miners.

People in this subject know but tens of millions of others do not. for them it is enough to know that the project has been finished, works, earns and has a lot of clients.
if I am to be honest, there is not a single cryptocurrency that would solve any problem without creating more problems.

everything here is just speculation about introducing "improvements" and bragging about partnership with new companies

[cuteman]

Recent pictures from a person who visited building facilities:

https://imgur.com/a/QC98b

[cuteman]

Bitcoin mining epicenter found in rural Wenatchee, Washington

CNBC's goes behind the scenes at a bitcoin mining operation in the U.S.

https://www.cnbc.com/video/2018/01/11/bitcoin-mining-epicenter-found-in-rural-wenatchee-washington.html

  


12 companies mentioned in video mean that GW is competing horizontally too, so that explains PUD delays with connections.

[d3nz]

Recent pictures from a person who visited building facilities:

https://imgur.com/a/QC98b

Its looks great. Thanks for sharing. I can see that when renting the tokens it the same as before, which has unused tokens and not completely renting it out even the POD 3 is already completed.

Much better if they will update us about the development of this project and why they only renting the 70% of the WTT tokens.

[cuteman]

Recent pictures from a person who visited building facilities:

https://imgur.com/a/QC98b

Its looks great. Thanks for sharing. I can see that when renting the tokens it the same as before, which has unused tokens and not completely renting it out even the POD 3 is already completed.

Much better if they will update us about the development of this project and why they only renting the 70% of the WTT tokens.

They wrote that all tokens would be rented after all PODs finished.    I think this won't happen untill May.

[cuteman]

With some of the lowest electricity costs in the U.S., Chelan County is a prime location for cryptocurrency mining, in which expensive machines create new bitcoins by racing to solve complex mathematical computations — generating a lot of heat in the process. Electricity costs 2.7 cents per kWh in the county, while the national average is 10.4 cents. Thanks to the Columbia River and Lake Chelan, the PUD generates more hydroelectricity than what local homes and businesses need.

- another article about the area where GW is located:

https://finance.yahoo.com/news/farming-county-washington-bitcoin-mining-hub-173541394.html

[CryptoEnthusiast64]

What happened to WTT on HitBTC? Did it get delisted? WTT isn’t on HitBTC anymore, why?

[cuteman]

What happened to WTT on HitBTC? Did it get delisted? WTT isn’t on HitBTC anymore, why?

Nobody knows, you can send a question to their support, but it never replies.

Nevetheless HitBTC was useless, because wtt sold there were not real tokens, but futures (IOY).     

[jambo110]

What happened to WTT on HitBTC? Did it get delisted? WTT isn’t on HitBTC anymore, why?

Nobody knows, you can send a question to their support, but it never replies.

Nevetheless HitBTC was useless, because wtt sold there were not real tokens, but futures (IOY).     

Not many moaning about this..  hehe

[jambo110]

A new month, lets hope..



My POD is complete, no miners in dashboard yet, though plenty of tokens to run them are sitting unrented.

[Dopert]

A new month, lets hope..



My POD is complete, no miners in dashboard yet, though plenty of tokens to run them are sitting unrented.

Same here. I think the whole investment classroom is sitting like your picture.

[H. Veron]

Giga Watt token launch
egetror (34) в token •  8 мecяцeв нaзaд
  This is a part of GIGAWATTS white paper... fulll text here  https://www.dropbox.com/s/291czssov8m311f/GigaWattWhitePaper964-revised_8.docx?dl=0

Token Launch Details   Token Launch Overview Our goal is to offer the token holders access to both an exciting new world of technology and the cryptocurrency mining business. Generally, mining turnover is comprised of three components: (i) electricity cost; (ii) mining hosting cost; and (iii) mining net profits. Net profits on mining equipment, while costs are constant and predictable and consume the lion’s share of the potential profits.                         This infographic is an example based on the calculations from April 28, 2017. The numbers may vary significantly due to the rate fluctuations, mining difficulty increase, and other factors. Under the existing partnership arrangements between Giga Watt and its Partner, the Partner is offered access to Giga Watt's facility at an unprecedentedly low hosting rate, which significantly increases mining rewards. Now, through the tokenization process, this low hosting rate can be passed to all token holders.  Each Giga Watt Project Token (WTT) represents the right to use the Giga Watt processing center's capacity, rent-free for 50 years, to accommodate 1 Watt's worth of mining equipment power consumption. So to provision and use your mining equipment rent-free, you will need to purchase the number of tokens equal to your equipment's power consumption:    Token owners can use this capacity to accommodate their own miners or to rent it out to other users. Essentially, this is access to professional mining – with an extraordinarily low entrance threshold. In fact, it could be compared to membership in an elite private mining club.    Giga Watt's hosting fee typically consists of effective electricity cost, maintenance fee and rental fee. Token owners pay zero rent, which drastically reduces their ongoing costs: their hosting fee is comprised only of effective electricity cost and maintenance fee.      To be used, tokens should be deposited in the token holder’s account with Partner placed on Giga Watt’s website

[cuteman]

Giga Watt token launch

You can read about the reasons for delays in deployment in below FAQ from December article :

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