Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 114. (Read 203299 times)

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.

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?

Bought 880 tokens and an L3+ miner aswell and they answered really quick to my email(s). Basically, they seem to be much more focused on the practical part (sales, customer support through their website etc) than posting and answering here, which is understandable.

Also, thanks cryptonomos for answering my previous question regarding the escrow I have few other questions related to what's written in the White Paper. The quote is this: "When token holders buy miners from the Partner through Giga Watt’s  website,  miners  available  to  them  will  be  automatically displayed  in  their  accounts  and  matched  with  their  tokens. "

Since my purchase is recent and they will only ship the L3+s in September, will the tokens and this L3+ get matched soon or only after it gets shipped ? Asking because, right now, they're not matched. The only "proof" I have right now that I've indeed purchased an L3+ is the mail from gigawatt and the payment done. The miner purchased doesn't appear anywhere yet, so asking if that is working as intended for now.

Also, since on the website it's shown the L3s and S9s are still available, once we purchase them, are we guaranteed that we will get them ? Do you ask the supplier before ( or at least soon after) we buy them to make sure you're not taking more orders than their capacity to produce them ?

I bought an L3+ miner from them and there was a slight discrepancy between what they asked me to send and the actual BTC price, because there was a sudden increase of the BTC price in the time-frame of the scheduled payment. They agreed to refund the 0.05 difference. That to me proves they are not scammers. Also, the fact that their CEO is David Carlson should increase the confidence levels. Their customer support team is small at the moment and they are trying their best to deal with all the problems that might arise.

Not like there is some marketplace on the dark web that sells credit cards and how to guides, but thats how we get alot of those cheap gift cards for sale...

Anyways back on topic, your reply was good.

What they mean by 'security reasons' is that they don't want to be scammed by scammers doing chargebacks on credit cards after purchasing miners / hosting space.

What being new to the site has to do with giving my opinion on something that everyone should look into before sending their money to a company that may end up causing them money at the end. They got their money after posting what was going on. 10 days is a long time. During that time they could have used the money invest it and make some profit out of it.

If the credit card has been reported stolen the transaction wont go through. Chargeback is something that every business must deal with every second. Do you actually think that Apple, Samsung and etc make less money because their customers are doing fraudulent transactions or because most of them are honest.

So let say you invest 10k in miners by sending coins to them and then you find out is all a scam, what government agency are you going to run to, to get you coins back? If you do a wire transfer you have no way of getting the money back even after explaining it to the bank. They have all the hands when it comes to making the transactions and you have none. 

Newbie.

Read up that person got their refund today.

Also credit/debit cards can be backcharged or fraudulently used and it is a security concern, because if its stolen it can be weeks later before a chargeback occurs.


@cryptonomos,
Hitbtc does futures trading, they most likely bought some wtt in the ico and are offering token iou's for when the ico is complete.
The coins they currently have trading are nothing as of yet, but eventually do become real (as far as I've heard). Its so they can profit off of the trading fee's early on.  Also WTT is doing well there (almost double current ico price) speaks well for WTT or poorly for btc lol

When we rent our tokens to miners, do we get reimbursed with WTT? BTC? ETH? Or something else? Thanks

I have my doubts about this. If this company has been around for a while then they must know that the first thing to have a great business is having great customer service. Someone here has requested a refund and it has been two weeks and he or she still have received it.


The second issue I have they don't accept debit or credit card as payment for the WTT or the buying the miners. Even thought they state you can pay in USD it has to be wire transfer. Just like coins once you send it it can't be taken back. I think you have 10- 30 minutes after sending a wire transfer to have the bank cancel it. And if you send your BTC or any other coin to them there will be nothing you will be able to do. With wire transfer you are responsible for making sure the money you are sending is to someone you trust or really want to send it to. What if you put 20k or 30 k into this business and something happens which causes you to take your money out or want to cancel for some other reason you probably wouldn't be able to do it.


I contacted them and they told me the reason they don't accept debit or credit card due to security reasons? do the mean that customers can file a complaint with their bank and request a  refund and there is basically nothing they can do if the bank takes the money out of their account and give it back to the client, try doing that with wire transfer or coins.

When the WTT tokens are issued i am wondering if I buy tokens from one exchange, how can i benefit in cryptonomos platform for Dividends? Please clarify if i am not mistaken you cannot send tokens to cryptonomos. Correct me if im wrong.

Thanks,

Glad we could assist!

WTT Tokens are not traded anywhere yet as they are not issued. We have contacted hitbtc to find out why listed the tokens. It is not physically possible for them to be traded yet as we have not listed them on any exchanges.

Oh that's an ico/iou market yep

Maybe it's an IOU market?  Not sure.

Also i asked a few questions, got this reply in about 12 hours for those with other questions:

Your choice of equipment also determines which mining pool you can use. The following three pools are available to Giga Watt’s clients: Slush Pool to mine bitcoins, NanoPool for Ethereum and LitecoinPool for LTC (we are working to integrate support for more pools / coins as well). We do not believe ETH will go PoS that soon (if at all; there will be testing first to see if its viable). But yes! Giga Watt is currently working to add support for XMR, ZEC, and ECL. Your rewards will be distributed to your digital wallet multiple times daily. If the pool you are mining with does not solve a block then no rewards are distributed,.. but this is rare. You will still pay hosting should that ever happen but we expect rewards to outweigh costs. We are working to support more coins, but you will not have the ability to reprogram; however, if and when we do, Giga Watt will be able to make that switch for you.

let me know what is trading here: https://hitbtc.com/exchange/WTT-to-BTC ?
WTT is already trading?

Are you still complaining? Did you really sent PM to the staff here? I already got the remaining BTC from them. Please let me see your BTC transaction to them.

If you live in or near US, please join the open house visit to check if this is SCAM or not for us

If you transferred less than the price of a single WTT, why would they even bother with your withdrawal request?

I don't understand how mining of 1 btc could be worth 500 usd.

Just a fact that there is no simple withdraw function, is a huge fuck-up imho..