ZedZedNova
Sr. Member
Offline
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
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March 02, 2018, 04:12:38 AM |
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Poster said above: "Also, you are still being charged the discounted rate of $0.033 per kw/h while using WTT (instead of the standard ~$0.09 per kw/h) and this is factored into the monthly profit." My reply: That is good to hear and is positive for the value of the tokens.
Another thing:
There are some miners for sale on the giga-watt site for $150.00 but the amount of tokens they require each is quite a bit. Unless the returns are very good, it would be better to buy a miner that is more expensive if you can get better returns from it.
Anyone know what returns per month that $150 miner is getting?
Thank you, G.P.
Uhhh, what you are referring to as a "$150 miner" is just the power supply. Not a miner. The power supply can be used for the Alpha Miner. The power supply can provide up to 1600 watts of power. Currently available miners are: - Antminer D3 Dash miner (for $1,800)
- Gigawatt Alpha 200 (GPU miner, $4,499)
For what it's worth, at current (1-March-2018/22:40 US East Coast time) network hash rates, difficulty, and exchange rates, the D3 earns ~$1.78/day assuming that you have sufficient WTT tokens to cover the power usage (1200 watts + 10% = 1320 WTT needed). At current (1-March-2018/22:40 US East Coast time) network hash rates, difficulty, and exchange rates, the Alpha 200 which has 9 RX570 GPUs earns: - ETH: ~$16.96/day
- ZEC: ~$10.01/day
- ETC: ~$14.54
- SC: dunno, can't find a decent profit calculator
assuming that you have sufficient WTT tokens to cover the power usage (1500 watts + 10% = 1650 WTT needed). At today's rates (which are pretty much guaranteed to change for the worse), the D3 would take over 1,000 days (2.77 years) to ROI, and the Alpha 200 would take ~265 days (ETH), ~450 days (ZEC), ~309 days (ETC) to ROI. Assuming that ETH is still planning to switch from POW (Proof of Work) to POS (Proof of Stake), but because we don't know when, maybe 260 days is OK, or maybe not. I used https://www.coinwarz.com/cryptocurrency to calculate the daily earnings based on the Giga-Watt published hashing rates available at their mining shop: https://www.gigawatt.sg/shop/
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No mining at the moment.
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jambo110
Legendary
Offline
Activity: 1311
Merit: 1003
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March 02, 2018, 08:43:45 AM |
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Poster said above: "Also, you are still being charged the discounted rate of $0.033 per kw/h while using WTT (instead of the standard ~$0.09 per kw/h) and this is factored into the monthly profit." My reply: That is good to hear and is positive for the value of the tokens.
Another thing:
There are some miners for sale on the giga-watt site for $150.00 but the amount of tokens they require each is quite a bit. Unless the returns are very good, it would be better to buy a miner that is more expensive if you can get better returns from it.
Anyone know what returns per month that $150 miner is getting?
Thank you, G.P.
Uhhh, what you are referring to as a "$150 miner" is just the power supply. Not a miner. The power supply can be used for the Alpha Miner. The power supply can provide up to 1600 watts of power. Currently available miners are: - Antminer D3 Dash miner (for $1,800)
- Gigawatt Alpha 200 (GPU miner, $4,499)
For what it's worth, at current (1-March-2018/22:40 US East Coast time) network hash rates, difficulty, and exchange rates, the D3 earns ~$1.78/day assuming that you have sufficient WTT tokens to cover the power usage (1200 watts + 10% = 1320 WTT needed). At current (1-March-2018/22:40 US East Coast time) network hash rates, difficulty, and exchange rates, the Alpha 200 which has 9 RX570 GPUs earns: - ETH: ~$16.96/day
- ZEC: ~$10.01/day
- ETC: ~$14.54
- SC: dunno, can't find a decent profit calculator
assuming that you have sufficient WTT tokens to cover the power usage (1500 watts + 10% = 1650 WTT needed). At today's rates (which are pretty much guaranteed to change for the worse), the D3 would take over 1,000 days (2.77 years) to ROI, and the Alpha 200 would take ~265 days (ETH), ~450 days (ZEC), ~309 days (ETC) to ROI. Assuming that ETH is still planning to switch from POW (Proof of Work) to POS (Proof of Stake), but because we don't know when, maybe 260 days is OK, or maybe not. I used https://www.coinwarz.com/cryptocurrency to calculate the daily earnings based on the Giga-Watt published hashing rates available at their mining shop: https://www.gigawatt.sg/shop/Thanks for this great info ZedZedNova
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inspiredinvestor
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March 02, 2018, 09:07:05 AM |
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Poster said above: "Also, you are still being charged the discounted rate of $0.033 per kw/h while using WTT (instead of the standard ~$0.09 per kw/h) and this is factored into the monthly profit." My reply: That is good to hear and is positive for the value of the tokens.
Another thing:
There are some miners for sale on the giga-watt site for $150.00 but the amount of tokens they require each is quite a bit. Unless the returns are very good, it would be better to buy a miner that is more expensive if you can get better returns from it.
Anyone know what returns per month that $150 miner is getting?
Thank you, G.P.
Uhhh, what you are referring to as a "$150 miner" is just the power supply. Not a miner. The power supply can be used for the Alpha Miner. The power supply can provide up to 1600 watts of power. Currently available miners are: - Antminer D3 Dash miner (for $1,800)
- Gigawatt Alpha 200 (GPU miner, $4,499)
For what it's worth, at current (1-March-2018/22:40 US East Coast time) network hash rates, difficulty, and exchange rates, the D3 earns ~$1.78/day assuming that you have sufficient WTT tokens to cover the power usage (1200 watts + 10% = 1320 WTT needed). At current (1-March-2018/22:40 US East Coast time) network hash rates, difficulty, and exchange rates, the Alpha 200 which has 9 RX570 GPUs earns: - ETH: ~$16.96/day
- ZEC: ~$10.01/day
- ETC: ~$14.54
- SC: dunno, can't find a decent profit calculator
assuming that you have sufficient WTT tokens to cover the power usage (1500 watts + 10% = 1650 WTT needed). At today's rates (which are pretty much guaranteed to change for the worse), the D3 would take over 1,000 days (2.77 years) to ROI, and the Alpha 200 would take ~265 days (ETH), ~450 days (ZEC), ~309 days (ETC) to ROI. Assuming that ETH is still planning to switch from POW (Proof of Work) to POS (Proof of Stake), but because we don't know when, maybe 260 days is OK, or maybe not. I used https://www.coinwarz.com/cryptocurrency to calculate the daily earnings based on the Giga-Watt published hashing rates available at their mining shop: https://www.gigawatt.sg/shop/what about litecoin? I am happy with renting out my token! I love passive returns!
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Fabriz
Member
Offline
Activity: 392
Merit: 10
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March 03, 2018, 05:49:58 AM |
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But if i buy a miner, for how many years will work ? Forever ? There is a warranty ?
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GlobalProtection
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March 03, 2018, 04:02:54 PM |
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A friend just notified me that his two litecoin miners went offline about 12 hours ago.
Please check yours and if they are offline please notify us on this thread so we can figure out if the problem is just isolated to a couple of miners or if all litecoin miners are affected.
Thanks
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If both the legal big tech criminals and legal government criminals can see your data, so can the illegal criminals. Swiss based online privacy and data protection is the solution. Use coupon code: "Digital Swiss Safe" to obtain 10% off of the Swiss Crypto Safe price here > https://www.securesafe.com/en/faq/
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jambo110
Legendary
Offline
Activity: 1311
Merit: 1003
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March 03, 2018, 05:53:40 PM |
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Yes mine went off for a couple of hours too, they are working now though.
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ice18
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March 05, 2018, 05:55:10 AM |
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This project still alive or dead? I cant see any updates on social media there is a huge demand in this kind of mining facilities but looks like no any good news from devs?
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chip1982
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March 07, 2018, 12:22:10 AM |
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They changed the rate for token rentals from:
6.45 5.7 4.95 4.2
to
6.0 6.0 5.0 4.0
With no information to clients. Just like that. The rent was the only thing that worked really well......thanks for taking away the 0.2.
I'm really fed up with this.
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Dopert
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March 07, 2018, 10:04:46 AM |
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They changed the rate for token rentals from:
6.45 5.7 4.95 4.2
to
6.0 6.0 5.0 4.0
With no information to clients. Just like that. The rent was the only thing that worked really well......thanks for taking away the 0.2.
I'm really fed up with this.
Strange GW did not change prices and white paper states: Token holders who are not personally interested in mining or have spare tokens can rent them out via the Partner's rental module on Giga Watt’s web-site16, choosing one of the rental fees set by Giga Watt. Token rental fees are the same as the Giga Watt's facility rental fees, which are 4.20, 4.95, 5.7 and 6.45 US cents/kW/h, depending on the number of miners hosted (see Section "Giga Watt's pricing"). It translates into daily rental income of ¢0.1-0.15 per token (¢37-57 per year). I am not a big token holder, but i think GW has to stick to the plan.
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jambo110
Legendary
Offline
Activity: 1311
Merit: 1003
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March 07, 2018, 11:12:39 AM |
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Current 24hr returns per Antminer L3+ Mined Hosting Total 0.0567 - 0.0039 = 0.0528 (approx $8 @ $146.51 per LTC) Current 24hr return on my Antminer L3+ Mined Hosting Total 0.056 - 0.0048 = 0.0512 Mined Hosting Total 0.056 - 0.0005 = 0.0555 (I have excess tokens which are rented out, so my hosting fee is less) Current 24hr returns per Antminer L3+ Mined Hosting Total 0.0543 - 0.0031 = 0.0512 (/ $10.86 @ $212.11 per LTC) Mined Hosting Total 0.0518 - 0.003 = 0.0488 Current 24hr returns per Antminer L3+ Mined Hosting Total 0.0526 - 0.0031 = 0.0495 (approx $10.16 @ $205.27 per LTC). Current 24hr returns per Antminer L3+ Mined Hosting Total 0.0513 - 0.003 = 0.0484 (approx $10.25 @ $211.73 per LTC). Current 24hr returns per Antminer L3+ Mined Hosting Total 0.0465 - 0.0025 = 0.044 (approx $8.33 @ $189.35 per LTC).
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chip1982
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March 07, 2018, 09:11:23 PM |
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They changed the rate for token rentals from:
6.45 5.7 4.95 4.2
to
6.0 6.0 5.0 4.0
With no information to clients. Just like that. The rent was the only thing that worked really well......thanks for taking away the 0.2.
I'm really fed up with this.
Strange GW did not change prices and white paper states: Token holders who are not personally interested in mining or have spare tokens can rent them out via the Partner's rental module on Giga Watt’s web-site16, choosing one of the rental fees set by Giga Watt. Token rental fees are the same as the Giga Watt's facility rental fees, which are 4.20, 4.95, 5.7 and 6.45 US cents/kW/h, depending on the number of miners hosted (see Section "Giga Watt's pricing"). It translates into daily rental income of ¢0.1-0.15 per token (¢37-57 per year). I am not a big token holder, but i think GW has to stick to the plan. Andrey said in Telegram that it might be a glitch. They changed the prices back and the dashboard shows them correctly now.
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allahabadi
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March 09, 2018, 06:23:08 PM |
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They changed the rate for token rentals from:
6.45 5.7 4.95 4.2
to
6.0 6.0 5.0 4.0
With no information to clients. Just like that. The rent was the only thing that worked really well......thanks for taking away the 0.2.
I'm really fed up with this.
Strange GW did not change prices and white paper states: Token holders who are not personally interested in mining or have spare tokens can rent them out via the Partner's rental module on Giga Watt’s web-site16, choosing one of the rental fees set by Giga Watt. Token rental fees are the same as the Giga Watt's facility rental fees, which are 4.20, 4.95, 5.7 and 6.45 US cents/kW/h, depending on the number of miners hosted (see Section "Giga Watt's pricing"). It translates into daily rental income of ¢0.1-0.15 per token (¢37-57 per year). I am not a big token holder, but i think GW has to stick to the plan. Andrey said in Telegram that it might be a glitch. They changed the prices back and the dashboard shows them correctly now. Yes, even I can see the original prices of the token rents.
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thinktankideaists
Newbie
Offline
Activity: 19
Merit: 0
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March 11, 2018, 03:18:45 PM |
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This has pretty descent volume on a less desirable exchange with a relatively small supply (I think 18 million were sold in ICO, with GigaWatt taking 30% for themselves - that makes 23.5 total)... it won't take long for the people who just want their original funds back, for their holdings to dry, that would leave the investors who's tokens are worth more to them than this low cash price it's selling for, because the owner is actually using the token for its intended utility. Wow that was a run on sentence... I think this is going to explode in price ... Washington is getting a lot press ...
Is my ICO math correct??
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ZedZedNova
Sr. Member
Offline
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
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March 13, 2018, 05:18:08 AM |
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what about litecoin? I am happy with renting out my token! I love passive returns!
What about Litecoin? right now it doesn't appear that Giga-Watt has any Litecoin miners for sale. In the past Giga-Watt had available the Bitmain L3+ miner for Litecoin, which is an ASIC based miner, but it is no longer listed on their miner purchase website. If the miner doesn't appear on their website, it likely means that they do not have any in stock, and do not know when they can get more from Bitmain. Mining Litecoin with a GPU is a waste of time and electricity. For a while CPUs and GPUs worked well, but these days neither a CPU nor a GPU can hash fast enough to earn much Litecoin.
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No mining at the moment.
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d3nz
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March 13, 2018, 10:30:11 AM |
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what about litecoin? I am happy with renting out my token! I love passive returns!
What about Litecoin? right now it doesn't appear that Giga-Watt has any Litecoin miners for sale. In the past Giga-Watt had available the Bitmain L3+ miner for Litecoin, which is an ASIC based miner, but it is no longer listed on their miner purchase website. If the miner doesn't appear on their website, it likely means that they do not have any in stock, and do not know when they can get more from Bitmain. Mining Litecoin with a GPU is a waste of time and electricity. For a while CPUs and GPUs worked well, but these days neither a CPU nor a GPU can hash fast enough to earn much Litecoin. Actually, if you have WTT token then you can earn LTC, DASH, BTC, and ETH. But, it would take time to get your ROI. Benefits of having WTT token is where you can rent their mining system for 50yrs and, as you know that the value of altcoins increases over time.
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ZedZedNova
Sr. Member
Offline
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
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March 14, 2018, 05:17:51 AM |
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Actually, if you have WTT token then you can earn LTC, DASH, BTC, and ETH. But, it would take time to get your ROI. Maybe. What you earn depends on who needs to rent WTT and what they are mining. The WTT I rent earn me some of each of those, but what coins and how much of those coins I earn varies from day to day. It used to be that Bitcoin was the most prevalent, but recently I have been earning more Dash. ETH has dropped off quite a bit
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No mining at the moment.
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lissics
Member
Offline
Activity: 73
Merit: 10
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March 14, 2018, 09:43:52 AM |
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When next batch of tokens will be issued? I invested in June 2017, still no tokens!
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d3nz
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March 14, 2018, 11:17:07 AM |
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Actually, if you have WTT token then you can earn LTC, DASH, BTC, and ETH. But, it would take time to get your ROI. Maybe. What you earn depends on who needs to rent WTT and what they are mining. The WTT I rent earn me some of each of those, but what coins and how much of those coins I earn varies from day to day. It used to be that Bitcoin was the most prevalent, but recently I have been earning more Dash. ETH has dropped off quite a bit Yeah, that's correct. It really depends on what we are mining and as you can see that, not all WTT tokens that we have are on mining system. GigaWatt system only uses roughly 70% of our token and remaining 30% is no use at all. I don't know why Giga-Watt is not using our 100% WTT token to mine on their system.
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