Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 113. (Read 203299 times)
Hey all, we’ve noticed that in the chats there’s quite a bit of back and forth, news and updates tend to get lost easily. For that reason, we created a separate channel! Stay up to date on all the news and important updates here: t.me/cryptonomos
Just 1 day until WTT token price goes up! The new price will be $1.05 per token. Make sure to purchase before 12:00PM Pacific on Friday, June 16.
1. Register at Cryptonomos https://cryptonomos.com/signup
2. Add funds to your account in BTC, ETH, or USD
3. Purchase tokens
Step by step instructions:
https://medium.com/@Cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2
1. Register at Cryptonomos https://cryptonomos.com/signup
2. Add funds to your account in BTC, ETH, or USD
3. Purchase tokens
Step by step instructions:
https://medium.com/@Cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2
1. THERE ARE NO TOKEN REFUNDS! Once you buy the tokens, you cannot get a refund. You CANNOT change your mind. Do not buy tokens, unless you're sure abt investing in this operation. I am unable to find this info in the FAQ.
2. They actively sell miners they don't actually have. That is fishy to me, and I wouldn't do it.
3. "Sinden Harum Executive Manager Day to day operational responsibility for staff, office administration, payroll, human resources, bookkeeping, accounting, core programs, special programs." Their executive manager is also a full-time realtor. I expresed my concern that ONE person simply cannot do TWO full-time jobs to her on the phone the other day, and she had the right answers "with enough help, etc" and she seemed genuine.
4. I PM'S Dave Carlson, and his response was genuine. My internet research of him and of other members of the team show that they are real people, with families, kids, cute little dogs, etc.
I'm not calling this a scam, but rather a company that anticipated demand, hired aggresive sales people which sell miners that don't yet exist, and may prove to be a good bet once they get going. ETH and BTC tanking before they get going may be a blessing in disguise. After all-it's crypto.
Best,
pop
I felt like #1 was pretty much said for all ico's.
#2 it does say when the delivery date will be though, but they will host miners you own.
#3 sounds like an accounting job in California where they manage way too much stuff lol
#4 it was kind of a hedge to me, I bought before btc and eths bubbled popped like woo got a minor discount sort of (well a free stop loss)
(I would be interested in knowing if they buy our miners from us at a point to recycle, or if they would ship them to us for our reselling pleasure)
Answer is here
https://youtu.be/nXGtVsJCE5s?t=29m40s
Also, I recommend watching this video before asking any questions in this forum
Maybe add this to OP along with the FAQ.
Hey Giga Watt,
how about you install a webcam on the construction site?
I would like to see Dave Carlson on a Caterpillar
Sort of proof of work
Thanks
chip1982
how about you install a webcam on the construction site?
I would like to see Dave Carlson on a Caterpillar
Sort of proof of work
Thanks
chip1982
Just 1 day until WTT token price goes up! The new price will be $1.05 per token. Make sure to purchase before 12:00PM Pacific on Friday, June 16.
1. Register at Cryptonomos https://cryptonomos.com/signup
2. Add funds to your account in BTC, ETH, or USD
3. Purchase tokens
Step by step instructions:
https://medium.com/@Cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2
1. Register at Cryptonomos https://cryptonomos.com/signup
2. Add funds to your account in BTC, ETH, or USD
3. Purchase tokens
Step by step instructions:
https://medium.com/@Cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2
Well, I will consider to join this project . it looks interesting for my investment .
I can recorgnize that this is a new kind of business with trading cryptocurrency and mining altcoins .
Thank you to all bounty program participants!
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I will use your referral link if you help me to get an answer on this questions:
To make max profit i need to buy WTT tokens + miners right?
-- Maximum profit you do need WTT tokens + the miner, and you do get first dibs on the mining space; as opposed to those without the tokens (who only have a miner) but you do not necessarily need the tokens to be able to mine with giga-watt.
I will start mining only when miners will be delivered or it is like immediate cloud mining?
-- I believe the miners that are sold out are miners they already had in stock, and ready to use such as the btc miner and the panda miner for eth. They sold out because they were ready to go right at that moment, essentially immediate cloud mining. In the case of the ltc miner with it arriving on September 30th, you would have to wait unfortunately before mining.
How much WTT i need to buy for 1 L3+ miner?
-- 880 WTT tokens, calculation is done as follows for other mining units they offer:
Power consumption + % listed underneath power consumption = how many WTT tokens you will need per miner
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
-- If you choose to trade them immediately, you would only make profit when they go up in value.
If you choose to mine with the tokens/miner combination their value is a cost savings benefit to your mining efforts.
If you choose to rent your tokens, you will earn money at your specified rental rate; only when the tokens are rented by another miner.
In my mind the best way to utilize the tokens is as a semi long term investment, mining coins until the miner efficiency is no longer profitable and then either renting the tokens out to other miners or selling them. At that point it will be quite a challenge deciding because in theory if 2 years is the end of a miner, I still have 48 years of rental capability and passive income.
How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
-- In some cases it may be more profitable ordering the miners yourself and shipping it to them however you have to pay an additional $20 hosting fee which may or may not diminish returns, and would also require shipping costs.
(I've personally only contacted them about personally ordering pandaminers from pandaminer to ship to them)
My email with their customer support said they are working to offer the ability to mine XMR, ZEC and ETC; but for the time being only offer BTC, LTC and ETH mining.
To make max profit i need to buy WTT tokens + miners right?
-- Maximum profit you do need WTT tokens + the miner, and you do get first dibs on the mining space; as opposed to those without the tokens (who only have a miner) but you do not necessarily need the tokens to be able to mine with giga-watt.
I will start mining only when miners will be delivered or it is like immediate cloud mining?
-- I believe the miners that are sold out are miners they already had in stock, and ready to use such as the btc miner and the panda miner for eth. They sold out because they were ready to go right at that moment, essentially immediate cloud mining. In the case of the ltc miner with it arriving on September 30th, you would have to wait unfortunately before mining.
How much WTT i need to buy for 1 L3+ miner?
-- 880 WTT tokens, calculation is done as follows for other mining units they offer:
Power consumption + % listed underneath power consumption = how many WTT tokens you will need per miner
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
-- If you choose to trade them immediately, you would only make profit when they go up in value.
If you choose to mine with the tokens/miner combination their value is a cost savings benefit to your mining efforts.
If you choose to rent your tokens, you will earn money at your specified rental rate; only when the tokens are rented by another miner.
In my mind the best way to utilize the tokens is as a semi long term investment, mining coins until the miner efficiency is no longer profitable and then either renting the tokens out to other miners or selling them. At that point it will be quite a challenge deciding because in theory if 2 years is the end of a miner, I still have 48 years of rental capability and passive income.
How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
-- In some cases it may be more profitable ordering the miners yourself and shipping it to them however you have to pay an additional $20 hosting fee which may or may not diminish returns, and would also require shipping costs.
(I've personally only contacted them about personally ordering pandaminers from pandaminer to ship to them)
My email with their customer support said they are working to offer the ability to mine XMR, ZEC and ETC; but for the time being only offer BTC, LTC and ETH mining.
Hopefully this helps you, let me know if any clarification needs to happen on any of the answers -- and of course always invest responsibly
Thnx bro! ur explanations was very clear for me and helpful, i will invest with ur ref link tomorrow, i need to decide how much to invest in this.
No problem, I did several emails with the support asking questions over the course of a few days before investing myself. Just here to help now
I will use your referral link if you help me to get an answer on this questions:
To make max profit i need to buy WTT tokens + miners right?
-- Maximum profit you do need WTT tokens + the miner, and you do get first dibs on the mining space; as opposed to those without the tokens (who only have a miner) but you do not necessarily need the tokens to be able to mine with giga-watt.
I will start mining only when miners will be delivered or it is like immediate cloud mining?
-- I believe the miners that are sold out are miners they already had in stock, and ready to use such as the btc miner and the panda miner for eth. They sold out because they were ready to go right at that moment, essentially immediate cloud mining. In the case of the ltc miner with it arriving on September 30th, you would have to wait unfortunately before mining.
How much WTT i need to buy for 1 L3+ miner?
-- 880 WTT tokens, calculation is done as follows for other mining units they offer:
Power consumption + % listed underneath power consumption = how many WTT tokens you will need per miner
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
-- If you choose to trade them immediately, you would only make profit when they go up in value.
If you choose to mine with the tokens/miner combination their value is a cost savings benefit to your mining efforts.
If you choose to rent your tokens, you will earn money at your specified rental rate; only when the tokens are rented by another miner.
In my mind the best way to utilize the tokens is as a semi long term investment, mining coins until the miner efficiency is no longer profitable and then either renting the tokens out to other miners or selling them. At that point it will be quite a challenge deciding because in theory if 2 years is the end of a miner, I still have 48 years of rental capability and passive income.
How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
-- In some cases it may be more profitable ordering the miners yourself and shipping it to them however you have to pay an additional $20 hosting fee which may or may not diminish returns, and would also require shipping costs.
(I've personally only contacted them about personally ordering pandaminers from pandaminer to ship to them)
My email with their customer support said they are working to offer the ability to mine XMR, ZEC and ETC; but for the time being only offer BTC, LTC and ETH mining.
To make max profit i need to buy WTT tokens + miners right?
-- Maximum profit you do need WTT tokens + the miner, and you do get first dibs on the mining space; as opposed to those without the tokens (who only have a miner) but you do not necessarily need the tokens to be able to mine with giga-watt.
I will start mining only when miners will be delivered or it is like immediate cloud mining?
-- I believe the miners that are sold out are miners they already had in stock, and ready to use such as the btc miner and the panda miner for eth. They sold out because they were ready to go right at that moment, essentially immediate cloud mining. In the case of the ltc miner with it arriving on September 30th, you would have to wait unfortunately before mining.
How much WTT i need to buy for 1 L3+ miner?
-- 880 WTT tokens, calculation is done as follows for other mining units they offer:
Power consumption + % listed underneath power consumption = how many WTT tokens you will need per miner
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
-- If you choose to trade them immediately, you would only make profit when they go up in value.
If you choose to mine with the tokens/miner combination their value is a cost savings benefit to your mining efforts.
If you choose to rent your tokens, you will earn money at your specified rental rate; only when the tokens are rented by another miner.
In my mind the best way to utilize the tokens is as a semi long term investment, mining coins until the miner efficiency is no longer profitable and then either renting the tokens out to other miners or selling them. At that point it will be quite a challenge deciding because in theory if 2 years is the end of a miner, I still have 48 years of rental capability and passive income.
How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
-- In some cases it may be more profitable ordering the miners yourself and shipping it to them however you have to pay an additional $20 hosting fee which may or may not diminish returns, and would also require shipping costs.
(I've personally only contacted them about personally ordering pandaminers from pandaminer to ship to them)
My email with their customer support said they are working to offer the ability to mine XMR, ZEC and ETC; but for the time being only offer BTC, LTC and ETH mining.
Hopefully this helps you, let me know if any clarification needs to happen on any of the answers -- and of course always invest responsibly
Thnx bro! ur explanations was very clear for me and helpful, i will invest with ur ref link tomorrow, i need to decide how much to invest in this.
I will use your referral link if you help me to get an answer on this questions:
To make max profit i need to buy WTT tokens + miners right?
-- Maximum profit you do need WTT tokens + the miner, and you do get first dibs on the mining space; as opposed to those without the tokens (who only have a miner) but you do not necessarily need the tokens to be able to mine with giga-watt.
I will start mining only when miners will be delivered or it is like immediate cloud mining?
-- I believe the miners that are sold out are miners they already had in stock, and ready to use such as the btc miner and the panda miner for eth. They sold out because they were ready to go right at that moment, essentially immediate cloud mining. In the case of the ltc miner with it arriving on September 30th, you would have to wait unfortunately before mining.
How much WTT i need to buy for 1 L3+ miner?
-- 880 WTT tokens, calculation is done as follows for other mining units they offer:
Power consumption + % listed underneath power consumption = how many WTT tokens you will need per miner
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
-- If you choose to trade them immediately, you would only make profit when they go up in value.
If you choose to mine with the tokens/miner combination their value is a cost savings benefit to your mining efforts.
If you choose to rent your tokens, you will earn money at your specified rental rate; only when the tokens are rented by another miner.
In my mind the best way to utilize the tokens is as a semi long term investment, mining coins until the miner efficiency is no longer profitable and then either renting the tokens out to other miners or selling them. At that point it will be quite a challenge deciding because in theory if 2 years is the end of a miner, I still have 48 years of rental capability and passive income.
How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
-- In some cases it may be more profitable ordering the miners yourself and shipping it to them however you have to pay an additional $20 hosting fee which may or may not diminish returns, and would also require shipping costs.
(I've personally only contacted them about personally ordering pandaminers from pandaminer to ship to them)
My email with their customer support said they are working to offer the ability to mine XMR, ZEC and ETC; but for the time being only offer BTC, LTC and ETH mining.
To make max profit i need to buy WTT tokens + miners right?
-- Maximum profit you do need WTT tokens + the miner, and you do get first dibs on the mining space; as opposed to those without the tokens (who only have a miner) but you do not necessarily need the tokens to be able to mine with giga-watt.
I will start mining only when miners will be delivered or it is like immediate cloud mining?
-- I believe the miners that are sold out are miners they already had in stock, and ready to use such as the btc miner and the panda miner for eth. They sold out because they were ready to go right at that moment, essentially immediate cloud mining. In the case of the ltc miner with it arriving on September 30th, you would have to wait unfortunately before mining.
How much WTT i need to buy for 1 L3+ miner?
-- 880 WTT tokens, calculation is done as follows for other mining units they offer:
Power consumption + % listed underneath power consumption = how many WTT tokens you will need per miner
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
-- If you choose to trade them immediately, you would only make profit when they go up in value.
If you choose to mine with the tokens/miner combination their value is a cost savings benefit to your mining efforts.
If you choose to rent your tokens, you will earn money at your specified rental rate; only when the tokens are rented by another miner.
In my mind the best way to utilize the tokens is as a semi long term investment, mining coins until the miner efficiency is no longer profitable and then either renting the tokens out to other miners or selling them. At that point it will be quite a challenge deciding because in theory if 2 years is the end of a miner, I still have 48 years of rental capability and passive income.
How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
-- In some cases it may be more profitable ordering the miners yourself and shipping it to them however you have to pay an additional $20 hosting fee which may or may not diminish returns, and would also require shipping costs.
(I've personally only contacted them about personally ordering pandaminers from pandaminer to ship to them)
My email with their customer support said they are working to offer the ability to mine XMR, ZEC and ETC; but for the time being only offer BTC, LTC and ETH mining.
Hopefully this helps you, let me know if any clarification needs to happen on any of the answers -- and of course always invest responsibly
I will use your referral link if you help me to get an answer on this questions:
To make max profit i need to buy WTT tokens + miners right?
I will start mining only when miners will be delivered or it is like immediate cloud mining?
How much WTT i need to buy for 1 L3+ miner?
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
What is Batch and the difference between them 1,2,3,4,5,6?
To make max profit i need to buy WTT tokens + miners right?
I will start mining only when miners will be delivered or it is like immediate cloud mining?
How much WTT i need to buy for 1 L3+ miner?
By buying WTT tokens i make profit only when price will go up (If i sell it) or i will also have some other income from it?
How i understand it will be more profitable to order miner from shop.bitmain and send it to their address (Giga Watt) to be able mining other coins then LTC?
What is Batch and the difference between them 1,2,3,4,5,6?
Just 1 day until WTT token price goes up! The new price will be $1.05 per token. Make sure to purchase before 12:00PM Pacific on Friday, June 16.
1. Register at Cryptonomos https://cryptonomos.com/signup
2. Add funds to your account in BTC, ETH, or USD
3. Purchase tokens
Step by step instructions:
https://medium.com/@Cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2
1. Register at Cryptonomos https://cryptonomos.com/signup
2. Add funds to your account in BTC, ETH, or USD
3. Purchase tokens
Step by step instructions:
https://medium.com/@Cryptonomos/navigating-the-cryptonomos-website-to-create-an-account-and-purchase-giga-watt-wtt-tokens-113d875d26c2
Do I understand correctly to make max profit i need to buy WTT tokens + miners right?
But i will not making profit immediately cuz miners will be delivered only after few months (ASIC L3+ Delivery date: Sep 20)
But i will not making profit immediately cuz miners will be delivered only after few months (ASIC L3+ Delivery date: Sep 20)
Depends which miner
What about trading, will this coin be available on Poloniex?
The tokens will be available for trading once they have been issued, several exchanges will list them.
Alright so for the following examples:
1 miner, 10 miners and 100 miners will be used.
I will be using the LTC miner as the main use because the numbers are so much easier all data used for this is from this moment and cryptocompare.
1 miner is 880 tokens / currently $880 and the miner cost is 1550 meaning profit begins at $2,430 or $1,550
Mining equipment amount profit per day with tokens profit per day without tokens* total profit difference* days until tokens & miner are paid off/Days until miner paid
1 LTC miner 504 mh/s $26.29 $24.93 $1.36 93 days or 62 days
10 LTC miners 5040 mh/s $262.90 $250.72 $12.18 93 days or 62 days
100 LTC miners 50400 mh/s $2629.00 $2523.41 $105.59 93 days or 61.5 days
However mining equipment lasts lets say 2 years, (despite the tokens effects lasting for 50 and that difficulty stays the same forever and ever in this example)
How long at max would it take to pay for these tokens per tier given:
648 days from mining profits alone with 1 miner
722 days from mining profits alone with 10 miners
833 days from mining profits alone with 100 miners.
Now I personally believe and this isn't meant to sway an opinion one way or another (But if it does my WTT referral link longs for your click) that given the mindless nature behind this form of mining after 2 years most miners having at current rates approximately 635~ days of pure profit with the token would likely reinvest and get more new miners or begin mining something new. So given that you have 635 days of pure profit even with the tokens paid for immediately at the start and not taking the long way through it and using only your profit difference to pay for the tokens -- your next set of miners would already have this price reduction in hosting costs, and if you choose to not continue mining well you've paid off your tokens 100% and your miners 100%; you could either rent out your tokens and earn a steady daily income -> calculator on the website, or sell your tokens for at the very least what you paid for them as I don't believe mining will ever truly die to PoS/Masternodes.
(I would be interested in knowing if they buy our miners from us at a point to recycle, or if they would ship them to us for our reselling pleasure)
*Profit without tokens goes up non linearly because if you host a lot of miners you do get a discount hence why the with token profit goes up linearly.
1 miner, 10 miners and 100 miners will be used.
I will be using the LTC miner as the main use because the numbers are so much easier all data used for this is from this moment and cryptocompare.
1 miner is 880 tokens / currently $880 and the miner cost is 1550 meaning profit begins at $2,430 or $1,550
Mining equipment amount profit per day with tokens profit per day without tokens* total profit difference* days until tokens & miner are paid off/Days until miner paid
1 LTC miner 504 mh/s $26.29 $24.93 $1.36 93 days or 62 days
10 LTC miners 5040 mh/s $262.90 $250.72 $12.18 93 days or 62 days
100 LTC miners 50400 mh/s $2629.00 $2523.41 $105.59 93 days or 61.5 days
However mining equipment lasts lets say 2 years, (despite the tokens effects lasting for 50 and that difficulty stays the same forever and ever in this example)
How long at max would it take to pay for these tokens per tier given:
648 days from mining profits alone with 1 miner
722 days from mining profits alone with 10 miners
833 days from mining profits alone with 100 miners.
Now I personally believe and this isn't meant to sway an opinion one way or another (But if it does my WTT referral link longs for your click) that given the mindless nature behind this form of mining after 2 years most miners having at current rates approximately 635~ days of pure profit with the token would likely reinvest and get more new miners or begin mining something new. So given that you have 635 days of pure profit even with the tokens paid for immediately at the start and not taking the long way through it and using only your profit difference to pay for the tokens -- your next set of miners would already have this price reduction in hosting costs, and if you choose to not continue mining well you've paid off your tokens 100% and your miners 100%; you could either rent out your tokens and earn a steady daily income -> calculator on the website, or sell your tokens for at the very least what you paid for them as I don't believe mining will ever truly die to PoS/Masternodes.
(I would be interested in knowing if they buy our miners from us at a point to recycle, or if they would ship them to us for our reselling pleasure)
*Profit without tokens goes up non linearly because if you host a lot of miners you do get a discount hence why the with token profit goes up linearly.
Thanks for the detailed Information bud,
I think the best for me is to just rent them out though, im not interested in mining, yet.
What about trading, will this coin be available on Poloniex?
Do I understand correctly to make max profit i need to buy WTT tokens + miners right?
But i will not making profit immediately cuz miners will be delivered only after few months (ASIC L3+ Delivery date: Sep 20)
But i will not making profit immediately cuz miners will be delivered only after few months (ASIC L3+ Delivery date: Sep 20)
Can someone please explain what is difference between Batch 1,2,3,4,5,6??
Sorry for another noob question:
To make money from mining i just need to buy WTT token or buy miner from them?
Batch 1 will be the first to receive their tokens, after batches will follow later. Sorry for another noob question:
To make money from mining i just need to buy WTT token or buy miner from them?
Can someone please explain what is difference between Batch 1,2,3,4,5,6??
https://i.imgur.com/zxH7vqe.png
Sorry for another noob question:
To make money from mining i just need to buy WTT token or buy miner from them?
https://i.imgur.com/jbolZ5K.png
https://i.imgur.com/zxH7vqe.png
Sorry for another noob question:
To make money from mining i just need to buy WTT token or buy miner from them?
https://i.imgur.com/jbolZ5K.png
Alright so for the following examples:
1 miner, 10 miners and 100 miners will be used.
I will be using the LTC miner as the main use because the numbers are so much easier all data used for this is from this moment and cryptocompare.
1 miner is 880 tokens / currently $880 and the miner cost is 1550 meaning profit begins at $2,430 or $1,550
Mining equipment amount profit per day with tokens profit per day without tokens* total profit difference* days until tokens & miner are paid off/Days until miner paid
1 LTC miner 504 mh/s $26.29 $24.93 $1.36 93 days or 62 days
10 LTC miners 5040 mh/s $262.90 $250.72 $12.18 93 days or 62 days
100 LTC miners 50400 mh/s $2629.00 $2523.41 $105.59 93 days or 61.5 days
However mining equipment lasts lets say 2 years, (despite the tokens effects lasting for 50 and that difficulty stays the same forever and ever in this example)
How long at max would it take to pay for these tokens per tier given:
648 days from mining profits alone with 1 miner
722 days from mining profits alone with 10 miners
833 days from mining profits alone with 100 miners.
Now I personally believe and this isn't meant to sway an opinion one way or another (But if it does my WTT referral link longs for your click) that given the mindless nature behind this form of mining after 2 years most miners having at current rates approximately 635~ days of pure profit with the token would likely reinvest and get more new miners or begin mining something new. So given that you have 635 days of pure profit even with the tokens paid for immediately at the start and not taking the long way through it and using only your profit difference to pay for the tokens -- your next set of miners would already have this price reduction in hosting costs, and if you choose to not continue mining well you've paid off your tokens 100% and your miners 100%; you could either rent out your tokens and earn a steady daily income -> calculator on the website, or sell your tokens for at the very least what you paid for them as I don't believe mining will ever truly die to PoS/Masternodes.
(I would be interested in knowing if they buy our miners from us at a point to recycle, or if they would ship them to us for our reselling pleasure)
*Profit without tokens goes up non linearly because if you host a lot of miners you do get a discount hence why the with token profit goes up linearly.
1 miner, 10 miners and 100 miners will be used.
I will be using the LTC miner as the main use because the numbers are so much easier all data used for this is from this moment and cryptocompare.
1 miner is 880 tokens / currently $880 and the miner cost is 1550 meaning profit begins at $2,430 or $1,550
Mining equipment amount profit per day with tokens profit per day without tokens* total profit difference* days until tokens & miner are paid off/Days until miner paid
1 LTC miner 504 mh/s $26.29 $24.93 $1.36 93 days or 62 days
10 LTC miners 5040 mh/s $262.90 $250.72 $12.18 93 days or 62 days
100 LTC miners 50400 mh/s $2629.00 $2523.41 $105.59 93 days or 61.5 days
However mining equipment lasts lets say 2 years, (despite the tokens effects lasting for 50 and that difficulty stays the same forever and ever in this example)
How long at max would it take to pay for these tokens per tier given:
648 days from mining profits alone with 1 miner
722 days from mining profits alone with 10 miners
833 days from mining profits alone with 100 miners.
Now I personally believe and this isn't meant to sway an opinion one way or another (But if it does my WTT referral link longs for your click) that given the mindless nature behind this form of mining after 2 years most miners having at current rates approximately 635~ days of pure profit with the token would likely reinvest and get more new miners or begin mining something new. So given that you have 635 days of pure profit even with the tokens paid for immediately at the start and not taking the long way through it and using only your profit difference to pay for the tokens -- your next set of miners would already have this price reduction in hosting costs, and if you choose to not continue mining well you've paid off your tokens 100% and your miners 100%; you could either rent out your tokens and earn a steady daily income -> calculator on the website, or sell your tokens for at the very least what you paid for them as I don't believe mining will ever truly die to PoS/Masternodes.
(I would be interested in knowing if they buy our miners from us at a point to recycle, or if they would ship them to us for our reselling pleasure)
*Profit without tokens goes up non linearly because if you host a lot of miners you do get a discount hence why the with token profit goes up linearly.
Guys I need some help from you im new to this stuff.
So I want invest in this, but how?
From what I understand; you register on the website and then you get the wallet where you send your ether/bitcoin to and then they send you an E-Mail with the keys for the coins or am i wrong about something?
They don't send you keys, you will be able to withdraw them after the ico ends be able to withdraw the tokens to your eth wallet.So I want invest in this, but how?
From what I understand; you register on the website and then you get the wallet where you send your ether/bitcoin to and then they send you an E-Mail with the keys for the coins or am i wrong about something?
ooohhhh so i get a wallet on their website, right?
Do you think that the coin will rise soon after release?
And it's doing well on the iou trading, it really winds up depending how big it gets; because cutting the bottom line off mining can increase your long term profit greatly and if you have a hundred miners that reduction in cost would be enough to where even paying $2-3 a token could be factored in to the Mining equipments roi.
I'll do a full breakdown when I get home.
Guys I need some help from you im new to this stuff.
So I want invest in this, but how?
From what I understand; you register on the website and then you get the wallet where you send your ether/bitcoin to and then they send you an E-Mail with the keys for the coins or am i wrong about something?
They don't send you keys, you will be able to withdraw them after the ico ends be able to withdraw the tokens to your eth wallet.So I want invest in this, but how?
From what I understand; you register on the website and then you get the wallet where you send your ether/bitcoin to and then they send you an E-Mail with the keys for the coins or am i wrong about something?
ooohhhh so i get a wallet on their website, right?
Do you think that the coin will rise soon after release?
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