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Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 110. (Read 203311 times)

sr. member
Activity: 546
Merit: 250
Maybe a fed.
Any plans to re-supply the miners ? After buying an L3+, few days later they went out of stock. Now all the models appear as out of stock, despite the fact that new batches came out on bitmain website.

I have more tokens than miners, so need to buy another miner at some point.

That's what happened to me and the pandaminers, they're being sold again on the pandaminer site; however aren't relisted.

Definitely don't need a btc miner lol
sr. member
Activity: 265
Merit: 250
anyone knows if they accept debit cards for mining rigs payments ?

They don't. Only wire transfer or btc.
newbie
Activity: 2
Merit: 0
anyone knows if they accept debit cards for mining rigs payments ?
newbie
Activity: 41
Merit: 0
Hey GW and cryptonomos team !

Quick questions to clear out before jumping in :

+ Do you issue a legal contract stating that you host miners property [link between legit ID and serial number] ?
+ Is there any insurance policy, in case of a non force majeure incident, such as... You know, that sort of stuff... ?
+ Say, somehow another gift from Wu comes up, like Antbleed, do you apply the patches yourselves ?

Thanks for the good work and your transparency policy. This kind of initiative helps cryptos further than offering mining facilities, it makes it trustable.

[getting pretty emtional, here... Cheesy]
1)Could you clarify the question please?
2)Total policy covers $5M for any single claim, and we will increase it as we grow.
3) Yes.

Is there a document, somewhere, that attests this S9, T9, L3+ or Panda miner #60dfe9jq4gtxc3-92 belongs to Mrs Janet SMITH ?
full member
Activity: 418
Merit: 101
Any plans to re-supply the miners ? After buying an L3+, few days later they went out of stock. Now all the models appear as out of stock, despite the fact that new batches came out on bitmain website.

I have more tokens than miners, so need to buy another miner at some point.
member
Activity: 98
Merit: 10
Hey GW and cryptonomos team !

Quick questions to clear out before jumping in :

+ Do you issue a legal contract stating that you host miners property [link between legit ID and serial number] ?
+ Is there any insurance policy, in case of a non force majeure incident, such as... You know, that sort of stuff... ?
+ Say, somehow another gift from Wu comes up, like Antbleed, do you apply the patches yourselves ?

Thanks for the good work and your transparency policy. This kind of initiative helps cryptos further than offering mining facilities, it makes it trustable.

[getting pretty emtional, here... Cheesy]
1)Could you clarify the question please?
2)Total policy covers $5M for any single claim, and we will increase it as we grow.
3) Yes.
sr. member
Activity: 434
Merit: 250
Is there an option to rent and forget?
If we bought coins now, is there a guarantee that we can find renters?
Will this get traded on any exchange in future OR will it be locked to renting/mining?

A few months after the token launch, it will be traded on exchanges. They want to first set up everything after the token launch and then hit the exchanges.
newbie
Activity: 41
Merit: 0
Hey GW and cryptonomos team !

Quick questions to clear out before jumping in :

+ Do you issue a legal contract stating that you host miners property [link between legit ID and serial number] ?
+ Is there any insurance policy, in case of a non force majeure incident, such as... You know, that sort of stuff... ?
+ Say, somehow another gift from Wu comes up, like Antbleed, do you apply the patches yourselves ?

Thanks for the good work and your transparency policy. This kind of initiative helps cryptos further than offering mining facilities, it makes it trustable.

[getting pretty emtional, here... Cheesy]
sr. member
Activity: 254
Merit: 250
Is there an option to rent and forget?
If we bought coins now, is there a guarantee that we can find renters?
Will this get traded on any exchange in future OR will it be locked to renting/mining?

this is a free world, no one can guarantee you anything, you make your judgement and try to make money, no guarantee is there!
full member
Activity: 183
Merit: 100
Is there an option to rent and forget?
If we bought coins now, is there a guarantee that we can find renters?
Will this get traded on any exchange in future OR will it be locked to renting/mining?
sr. member
Activity: 546
Merit: 250
Maybe a fed.
Alright, first post but promised, I did my homework by going through the thread. Wouldn't call myself a newbie but still plenty of (simple) questions open.

Question: Anybody experienced up for some kind of mentor program / long-term assistance? Payback would be using your referral code and I actually intend to invest quite a bit into cryptonomos, possibly incl. miners.

Just PM with some background info rg. your experience!

I mean whats the questions lol, and feel free to dm me.
full member
Activity: 204
Merit: 101
Lets say I buy $7,500 worth of tokens at $1.05 each, that would be 7,125 watts of energy worth of miners I would be entitled to use.

So, I have the option to either use a Bitcoin, Litecoin or Ethereum miner for up to all those 7,125 watts of energy can produce, I only have to pay the following fees:

  * Electricity
  * What other fees?  please state what other fees I would have to pay shall I were to make this kind of investment for the stated value here.  

What would be my total monthly $$ obligations to push 7.1 Kilo watts worth of mining?

Are there any fees to be paid even if I were not to be mining in any given month or time frame?  Say I decide to take a 1 months vacation (hypothetically) and on that month I do not mine anything, are there any fees that I would have to pay regardless, like maintenance, etc?  And what happens if I fail to pay any of those obligatory monthly/terms fees?  

And also, just for clarification:
Buying 7,125 watts of rights for the next 50 years automatically grants me access to any of these miners to use included with the purchase price of the tokens (meaning the mining gears are included with the tokens for the coin of our choice BTC/LTC/ETH), or would I still have to buy the actual miners at its full price and all what the tokens grants me is the right to use for 50 years an "empty" mining facility where free electricity is not included and I still have to purchase the actual miners on top of having paid the $7,500 worth of tokens?


If you rent out your WTT tokens, you will not pay any fees and only get rental income which comes from rental fees of the miners. You only pay fees if you decide to mine yourself.
Here is calculator: cryptonomos.com/wtt/calculator
It would lead to annual income of $2621.43
No matter how long you are not using your tokens for, still no fees applicable to you. If you do decide to mune, you need to purchase a miner separately.

With 7.500$ and a price of 1,05$ per token you can buy: 7.500$/1,05$ = 7.143 Watt tokens

In order to get the maximum cost benefit from the token (when mining) you currently can buy 4 S9 miners at 6.408$ (with 5.820 Watt) since 5 S9 already have a 7.275 Watt consumption and you only have access to provide mining equipment with the reduced rental fee for 7.143 Watt.

With the 4 S9 you qualify for the starter tariff. Since you do not pay rental fee anymore there is a electricity cost of 0,067 c/W/day + 0,012 c/W/day maintenance fee = 0,079 c/W/day hosting fee. This multiplied with your miners 5.820 Watt*0,079 c/W/day = 459,8 c/day. Which makes a 65,65% reduction since without token you would have to pay 0,23 c/W/day* 5.820 Watt = 1.338,6 c/day.
newbie
Activity: 14
Merit: 0
Alright, first post but promised, I did my homework by going through the thread. Wouldn't call myself a newbie but still plenty of (simple) questions open.

Question: Anybody experienced up for some kind of mentor program / long-term assistance? Payback would be using your referral code and I actually intend to invest quite a bit into cryptonomos, possibly incl. miners.

Just PM with some background info rg. your experience!
sr. member
Activity: 434
Merit: 250
Do you need german translation? I see it´s already claimed but there´s no german ann so far

There is already a german ANN thread.

https://bitcointalksearch.org/topic/m.19454438
member
Activity: 98
Merit: 10
No social mesia bounties? Or free coin give aways? Sad
We have referral program for this:https://bitcointalk.org/index.php?topic=1914900.msg19103130#msg19103130

Could you add the info about how much people we have referred and how much tokens we got in the dashboard?

Try checking "feed" section of the account. Also, when clicking on your profile, you can click "learn more" section by referral link, scroll down and see all your referrals.
member
Activity: 98
Merit: 10
Lets say I buy $7,500 worth of tokens at $1.05 each, that would be 7,125 watts of energy worth of miners I would be entitled to use.

So, I have the option to either use a Bitcoin, Litecoin or Ethereum miner for up to all those 7,125 watts of energy can produce, I only have to pay the following fees:

  * Electricity
  * What other fees?  please state what other fees I would have to pay shall I were to make this kind of investment for the stated value here.  

What would be my total monthly $$ obligations to push 7.1 Kilo watts worth of mining?

Are there any fees to be paid even if I were not to be mining in any given month or time frame?  Say I decide to take a 1 months vacation (hypothetically) and on that month I do not mine anything, are there any fees that I would have to pay regardless, like maintenance, etc?  And what happens if I fail to pay any of those obligatory monthly/terms fees?  

And also, just for clarification:
Buying 7,125 watts of rights for the next 50 years automatically grants me access to any of these miners to use included with the purchase price of the tokens (meaning the mining gears are included with the tokens for the coin of our choice BTC/LTC/ETH), or would I still have to buy the actual miners at its full price and all what the tokens grants me is the right to use for 50 years an "empty" mining facility where free electricity is not included and I still have to purchase the actual miners on top of having paid the $7,500 worth of tokens?

If you rent out your WTT tokens, you will not pay any fees and only get rental income which comes from rental fees of the miners. You only pay fees if you decide to mine yourself.
Here is calculator: cryptonomos.com/wtt/calculator
It would lead to annual income of $2621.43
No matter how long you are not using your tokens for, still no fees applicable to you. If you do decide to mune, you need to purchase a miner separately.
member
Activity: 98
Merit: 10
I don't know if anyone has already posted this here, but what do you think about this: https://blog.bitmain.com/en/gigawatt-infringement-announcement/
I'm also really interested in the mining ICO, but it gets some red flags appearently..;

GW used BITMAIN's logo to show they are partners on their site and mentioned Jihan was part of the team. That was in January 2017. Jihan asked them to remove the logo and also he stated he has nothing to do with the team. They removed everything they were asked. Of course Bitmain doesn't want to have anything to do with a company that aims at decentralized mining, which is everything Jihan is fighting against as we see with his ASICboosts and UAHF Bitcoin plans.

Yep, Giga Watt CEO Dave Carlson already talked about it Smiley
http://www.nasdaq.com/article/giga-watt-ceo-we-desperately-need-balance-of-power-in-the-mining-space-cm764842
full member
Activity: 231
Merit: 100
I hope the system is stable enough to set and forget (for renters), the returns are good but only if you don't have to actively manage your coins
sr. member
Activity: 546
Merit: 250
Maybe a fed.
Lets say I buy $7,500 worth of tokens at $1.05 each, that would be 7,125 watts of energy worth of miners I would be entitled to use.

So, I have the option to either use a Bitcoin, Litecoin or Ethereum miner for up to all those 7,125 watts of energy can produce, I only have to pay the following fees:

  * Electricity
  * What other fees?  please state what other fees I would have to pay shall I were to make this kind of investment for the stated value here.  

What would be my total monthly $$ obligations to push 7.1 Kilo watts worth of mining?

Are there any fees to be paid even if I were not to be mining in any given month or time frame?  Say I decide to take a 1 months vacation (hypothetically) and on that month I do not mine anything, are there any fees that I would have to pay regardless, like maintenance, etc?  And what happens if I fail to pay any of those obligatory monthly/terms fees?  

And also, just for clarification:
Buying 7,125 watts of rights for the next 50 years automatically grants me access to any of these miners to use included with the purchase price of the tokens (meaning the mining gears are included with the tokens for the coin of our choice BTC/LTC/ETH), or would I still have to buy the actual miners at its full price and all what the tokens grants me is the right to use for 50 years an "empty" mining facility where free electricity is not included and I still have to purchase the actual miners on top of having paid the $7,500 worth of tokens?

You have to have the miners/purchase the miners.
If you failed to mine anything (unlikely) your costs would roll over to the next day.
Tokens give you .033$ per day wattage usage that would be your daily fee, no hosting expenses etc.
legendary
Activity: 1310
Merit: 1000
Do you need german translation? I see it´s already claimed but there´s no german ann so far
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