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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 170083 times)
jambo110
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March 02, 2018, 08:43:45 AM
 #2481

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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March 02, 2018, 09:07:05 AM
 #2482

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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March 03, 2018, 05:49:58 AM
 #2483

But if i buy a miner, for how many years will work ? Forever ? There is a warranty ?
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March 03, 2018, 04:02:54 PM
 #2484

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

Best Privacy Crypto Exchange is TXBIT.io for the best privacy cryptos such as HORIZEN (ZEN) and the amazing SpectreCoin (XSPEC). Hopefully SpectreCoin Trading will be added shortly to txbit.io also.
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March 03, 2018, 05:53:40 PM
 #2485

Yes mine went off for a couple of hours too, they are working now though.
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March 05, 2018, 05:55:10 AM
 #2486

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 05, 2018, 10:03:11 PM
 #2487

600 miners stolen in Iceland:

https://www.ccn.com/grand-theft-rigs-icelandic-police-search-600-bitcoin-miners/
chip1982
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March 07, 2018, 12:22:10 AM
 #2488

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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March 07, 2018, 10:04:46 AM
 #2489

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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March 07, 2018, 11:12:39 AM
 #2490

Current 24hr returns per Antminer L3+

Mined       Hosting      Total
0.0567  -  0.0039  =  0.0528  (approx $8    @ $146.51 per LTC)


 Wink

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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March 07, 2018, 09:11:23 PM
 #2491

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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March 09, 2018, 06:23:08 PM
 #2492

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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March 10, 2018, 09:46:38 AM
 #2493

Got this article from Telegram. A lot of info, also about Dave & GW.

This Is What Happens When Bitcoin Miners Take Over Your Town

https://www.politico.com/magazine/story/2018/03/09/bitcoin-mining-energy-prices-smalltown-feature-217230
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March 11, 2018, 03:18:45 PM
 #2494

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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March 13, 2018, 05:18:08 AM
 #2495

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.

ethOS GPU mining rig Stats || L3+ mining and WTT Tokens @ Giga-Watt
-=O=-
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March 13, 2018, 10:30:11 AM
 #2496

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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March 14, 2018, 05:17:51 AM
 #2497

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

ethOS GPU mining rig Stats || L3+ mining and WTT Tokens @ Giga-Watt
-=O=-
Digital Ocean is where my Masternodes run Digital Ocean Referral Link
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March 14, 2018, 09:43:52 AM
 #2498

When next batch of tokens will be issued? I invested in June 2017, still no tokens!
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March 14, 2018, 11:17:07 AM
 #2499

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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GlobalProtection
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March 14, 2018, 04:09:53 PM
 #2500


I don't know why Giga-Watt is not using our 100% WTT token to mine on their system.


It is possible that there are more tokens right than there are miners installed to handle all of the tokens. That is why Giga Watt has to spread the miners among all the token holders.  As they build more pods and expand, and more miners are installed, then eventually 100% of the tokens will be used?  Does that make sense?

 Cool

Best Privacy Crypto Exchange is TXBIT.io for the best privacy cryptos such as HORIZEN (ZEN) and the amazing SpectreCoin (XSPEC). Hopefully SpectreCoin Trading will be added shortly to txbit.io also.
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