SatyrA
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Activity: 172
Merit: 0
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October 27, 2018, 07:06:49 PM |
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Just switched off my Antminer L3's today as they are currently unprofitable.  Are they covered by WTT? Fully covered L3 is profitable ( hosting fee consumes ~70-80% reward). |
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jambo110
Legendary
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Activity: 1311
Merit: 1003
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October 27, 2018, 09:05:29 PM |
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Just switched off my Antminer L3's today as they are currently unprofitable. Are they covered by WTT? Fully covered L3 is profitable ( hosting fee consumes ~70-80% reward). I have L3 miners and shed loads of WTT they became unprofitable so ive switched them off as advised by gigawatt. Im not sure how to switch them back on now as it says they are now under repair |
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ZedZedNova
Sr. Member
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Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
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October 27, 2018, 09:35:50 PM |
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Just switched off my Antminer L3's today as they are currently unprofitable. Are they covered by WTT? Fully covered L3 is profitable ( hosting fee consumes ~70-80% reward). I have L3 miners and shed loads of WTT they became unprofitable so ive switched them off as advised by gigawatt. Im not sure how to switch them back on now as it says they are now under repair I would imagine that if you want to power up the miner(s) you can open a support case/ticket. |
No mining at the moment.
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SatyrA
Newbie
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Activity: 172
Merit: 0
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October 28, 2018, 05:36:21 PM |
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Giga Watt is in very unstable condition. If they will not manage to sell pods or company share they become bankrupts. Any unavoidable debt claim and GW is dead.
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jambo110
Legendary
Offline
Activity: 1311
Merit: 1003
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November 07, 2018, 04:23:02 PM |
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Just switched off my Antminer L3's today as they are currently unprofitable. Are they covered by WTT? Fully covered L3 is profitable ( hosting fee consumes ~70-80% reward). I have L3 miners and shed loads of WTT they became unprofitable so ive switched them off as advised by gigawatt. Im not sure how to switch them back on now as it says they are now under repair I would imagine that if you want to power up the miner(s) you can open a support case/ticket. Yeah, Cheers Zed, ill get on to it in the next couple of days. |
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ZedZedNova
Sr. Member
Offline
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
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November 08, 2018, 05:42:13 AM |
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Just switched off my Antminer L3's today as they are currently unprofitable. So I got that same email and was too busy to deal with it right away. When I did get around to looking at things I wanted to see how bad it was. Well, it turns out that there must have been some kind of outage on 25-October because there was a gap in rewards from 03:13 hours until 20:25 hours, then a bunch of rewards between 20:27 hours to 20:44 hours. The final total for the day was ~35% below the previous days and the subsequent days. Additionally, there was some weird behavior with the hosting fees such that the charges were ~50% higher than usual based on previous and subsequent days. The semi-colon separated values file that you can download with the hosting fees, mining rewards, and wtt rental earnings was hard on the eyes so I wrote some python 3 code to break it down for me such that I have one line per day that shows all three values and a final column that shows me the net. It's not ready for prime time, but when it is I'll post the code here. It's about 20 lines of code, excluding blank lines and comments. |
No mining at the moment.
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jambo110
Legendary
Offline
Activity: 1311
Merit: 1003
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November 08, 2018, 11:53:18 AM |
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Just switched off my Antminer L3's today as they are currently unprofitable. So I got that same email and was too busy to deal with it right away. When I did get around to looking at things I wanted to see how bad it was. Well, it turns out that there must have been some kind of outage on 25-October because there was a gap in rewards from 03:13 hours until 20:25 hours, then a bunch of rewards between 20:27 hours to 20:44 hours. The final total for the day was ~35% below the previous days and the subsequent days. Additionally, there was some weird behavior with the hosting fees such that the charges were ~50% higher than usual based on previous and subsequent days. The semi-colon separated values file that you can download with the hosting fees, mining rewards, and wtt rental earnings was hard on the eyes so I wrote some python 3 code to break it down for me such that I have one line per day that shows all three values and a final column that shows me the net. It's not ready for prime time, but when it is I'll post the code here. It's about 20 lines of code, excluding blank lines and comments. Interesting, get on it. |
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cryptoDahu
Newbie
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Activity: 20
Merit: 0
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November 21, 2018, 05:36:50 PM |
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chip1982
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November 21, 2018, 06:32:19 PM |
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GigaGreed is finally done and once again we were informed by the outside press. Although I took a hard hit I'm glad it's over...... Coins locked. Guess we won't even be able to get our miners....... |
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GamEth
Newbie
Offline
Activity: 46
Merit: 0
Staker.network - POS Smart Contract ETH Token
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November 21, 2018, 06:45:17 PM |
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GigaGreed is finally done and once again we were informed by the outside press. Although I took a hard hit I'm glad it's over...... Coins locked. Guess we won't even be able to get our miners....... Can't believe they got so incompetent.... |
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jambo110
Legendary
Offline
Activity: 1311
Merit: 1003
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November 21, 2018, 07:10:08 PM |
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GigaGreed is finally done and once again we were informed by the outside press. Although I took a hard hit I'm glad it's over...... Coins locked. Guess we won't even be able to get our miners....... Not good news at all |
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server
Legendary
Offline
Activity: 892
Merit: 1002
1 BTC =1 BTC
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November 22, 2018, 11:43:55 AM |
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Corrupt parasites, stealing customers hardware and revenues from day one.
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ZedZedNova
Sr. Member
Offline
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
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November 25, 2018, 03:49:22 AM |
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The bankruptcy filing is for chapter 11, which means that Giga-Watt is going to try to negotiate with their creditors to continue operations in some manner. If they had filed for Chapter 7 it would be a liquidation of assets to pay creditors. |
No mining at the moment.
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mcfom
Legendary
Offline
Activity: 1260
Merit: 1001
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November 25, 2018, 09:55:25 AM |
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I hope SEC will investigate their file for bankruptcy with care because there are red flags. According to media reports a company worth of millions with equipment of few less than $55 k trying to move on this simply. Once again lot of people got victim of another mining farm. Mining at farm level isn't good for small investors at all this is becoming more clear after every incident.
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server
Legendary
Offline
Activity: 892
Merit: 1002
1 BTC =1 BTC
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November 25, 2018, 05:35:56 PM |
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The bankruptcy filing is for chapter 11, which means that Giga-Watt is going to try to negotiate with ignore their creditors to continue operations scamming their customers in some manner. Ftfy... |
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Phinnaeus Gage
Legendary
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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November 25, 2018, 07:55:37 PM |
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Cryptonomos https://blockonomi.com/cryptonomos-ico-platform/The co-founders of Cryptonomos include Andrew Kuzenny, Eduard Khaptakhaev, and Leonid Markin. Oleg Poskotin is the CEO, while Olesya Egozina is the CPO and Zeev Kirsh is the legal counsel. Key members of the team at Cryptonomos have over a decade of experience. https://www.coindesk.com/bitcoin-mining-firm-giga-watt-declares-bankruptcy-owing-millions“The corporation is insolvent and unable to pay its debts when due,” read the minutes of a special meeting of the shareholders of Giga Watt, which was held on Nov. 18. “The corporation and its creditors would best be served by reorganization of the corporation under Chapter 11 of the Bankruptcy Code.”
The meeting was called by Andrey Kuzenny, a director owning more than 10 percent of the mining firm. |
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dogjunior
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November 29, 2018, 05:22:45 AM |
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So any equipment sent to them for hosting is now gone. I had a few tokens with them and send them some S9 miners. I asked for them back several months ago with no response. Such scammers.
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xenusqasw
Newbie
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Activity: 1
Merit: 0
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December 02, 2018, 07:09:40 PM |
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The bankruptcy filing is for chapter 11, which means that Giga-Watt is going to try to negotiate with ignore their creditors to continue operations scamming their customers in some manner. Ftfy... Is it still possible to withdraw btc, ltc, eth, dash or wtt-token itself? or are all operations suspended? |
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cryptoDahu
Newbie
Offline
Activity: 20
Merit: 0
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December 03, 2018, 05:29:19 AM |
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Is it still possible to withdraw btc, ltc, eth, dash or wtt-token itself? or are all operations suspended?
when I try to withdraw BTC, I have this message : You must be KYC verified in order to withdraw funds and set autowithdraw |
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