Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 107. (Read 203299 times)

Could you please clarify your question?


First batch is issued on August 7th, then 15th, then Sep 1st and so on.

I don't believe so because all of the miners that had been sold are coming in the near future.

Although megabigpower was a pretty big name (Should be safe to look up reviews of them, and apply here)
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Yeah, that's what I'm not quite clear about. From the cryptonomos website:

"At this time, there are 3 units already in operation, which means that 2.25 MW is currently ready for tokenization"

So what does "in operation" mean? Does it mean it's already hosting miners or just ready for miners post-token launch?

To me it seems to suggest miners are already being hosted especially since they do offer hosting for those who already have their own miners.





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Probably needs to be answered by cryptonomos

Coins will be distributed when the mining facilities are ready. you get the coins when the batch you bought into is ready.

When do you start ICON dev? And how about coin distribution?

Why does your team send you a message to visit the link you shared?
Padhal you can hold bounty for this condition
Are you afraid to spend capital

Anyone here already mining?
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I don't believe so because all of the miners that had been sold are coming in the near future.

Although megabigpower was a pretty big name (Should be safe to look up reviews of them, and apply here)
[/quote]

Yeah, that's what I'm not quite clear about. From the cryptonomos website:

"At this time, there are 3 units already in operation, which means that 2.25 MW is currently ready for tokenization"

So what does "in operation" mean? Does it mean it's already hosting miners or just ready for miners post-token launch?

To me it seems to suggest miners are already being hosted especially since they do offer hosting for those who already have their own miners.

If you look into the future, that would be correct calculations - but the value might vary due to changes in demand. Also you may sell your WTT on public exchanges once it gets listed there.

I don't believe so because all of the miners that had been sold are coming in the near future.

Although megabigpower was a pretty big name (Should be safe to look up reviews of them, and apply here)

First I'd like to say I really like the concept and how it brings economies of scale to small miners, but I'd like to hear from any here who are actually running miners now at the Gigawatt facilities, either your own or purchase through Gigawatt.

I'd be curious to know about how billing, installation, payments, maintenance, outages, etc. are handled in reality.

Anyone here already mining?

I had the same thought.  Disclaimer: I am new to all of this.
By being attached to the 50 year 1 watt of power, it might put a fairly hard ceiling on the value of the token.
If people can become convinced that the value of the token is based on the value of 50 years of 1 watt rental at Gigawatt, and the rental fee has a fixed amount (as it appears to have), then you can literally calculate the exact value of the coin (obviously this assumes nothing changes over the next 50 years, which is ridiculous.  But you get my point.)

According to the cryptonomos calculator which is available here: https://cryptonomos.com/?r=1lv0eNDlOmhWNTu18ev35yyLJ
You can rent the tokens out for a max of $0.56502 per token per year.
Multiply that by 50 years, and you get a lifetime value of $28.25 per token.

Of course this assumes the tokens are being rented out.  But a similar formula could be used, based on the savings in rental fees, if the tokens were being used to cover miner rental feesL
Again, according to the cryptonomos calculator which is available here: https://cryptonomos.com/?r=1lv0eNDlOmhWNTu18ev35yyLJ
You will save $0.5913 per token per year.
Multiply that by 50 years, and you get a lifetime value of $29.565 per token.

So, based on this simple concept, we would assume that the value of one token should be at the very most $29.565, which is awesome for investors if it actually went this high.

Of course people will guess about what the value of mining/electricity will be over the next 50 years and apply that to the possible future value the token brings.  That's where things get interesting, I suppose.

Again I am totally new at this and I realize this is simple logic that only works in a vacuum.  But I thought it might be worthwhile to consider.

Its an erc20 token so it could be tradable in any exchange featuring ethereum/erc20 tokens, its already future trading at hitbtc.  The token provides you 1 watt of power and rental free mining for 50 years, so I don't particularly believe it will moon and be worth $100 each; but its passive income and over time benefits could be rather great to increase the value.  As seen on hitbtc 3-6x per token easily enough.

Basically that calculation was done by stating the electricity costs used in mining each bitcoin, it doesn't point out that you need to purchase the miner and the tokens and cover your initial investment.


But in essence you would spend approximately $500 mining each bitcoin in energy costs using the WTT token in combination with your miner (s9).

The difficulty will most likely see a more considerable increase at the end of July, when the first big batch gets delivered, then in September, when the next big batch is due delivery. Until then the price could go over $70 easily. As I see it, the price is preparing for difficulty correction ahead of time, which is pretty good.

I have some doubts. Will this Token be sold in markets such as poloniex, Bifinex, etc? Each Token has its value attached to 1 Watt of power, is that it? If this is the more expensive to get the more expensive the farm energy, so we should not expect the value of the token to go to the moon, right?

Has anyone tried to purchase with USD?

I am noob here.  Can anyone explain calculation " Bitcoin mining Price for WTT token holders : under $500 "

I am very much interested in this project. I like the idea of cheap electricity and miners manage/maintained by professionals.

Thanks in advance 

I know but I'm thinking the difficulty will correct and bring it back down, but if it stayed the same as when I did that its almoat as easy as divide ROI by two

This is already outdated as the LTC price increased to $46 now. Daily income for an L3+ miner is $44 -$2 hosting fee = $42 for current price.

Maximum would be the wattage of the rig/coins you own, since they're full up currently.

You would need to contact their customer support though to really get a solid definitive answer.

So, since the pandaminers are unavailable I am considering compiling/ordering my own rigs. Are there any constrains to custom rigs? Size, power consumption, type of assembly, etc?

I participated in the wtt presale. When can i send my rigs? Is there a maximum?