Hi everybody,
Giga Watt is now available for purchase on ICObazaar.
You can buy WTT tokens on our platform if you don't want to wait until the start of the crowd sale.
We are selling tokens from the stake which was purchased during the pre-sale.
Also, if you will be buying from us - you don't need to leave your phone number.
You can buy them here:
https://icobazaar.com/giga_watt
Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today! - page 125. (Read 203299 times)
If i use 1375 WTT to use the pandaminer, you have said it will last maybe 2-2.5 years.
Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
It actually is. The tokens last 50 years, so you can just buy another miner or lend your tokens after that.Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
Au contraire, mon frère, Argotone!!!! Well, so.... heres the problemo. The tokens are not paying for miners, they are paying for wattage.... so if i get 1375 WTT, that is covering the wattage to use the PandaMiner. It is reasonable to assume that after the PandaMiner dies we would have to buy another one... however because we are actually renting wattage for 50 years it is also reasonable to assume that we are entitled to 1375 watts of power for 50 years, which begs the question when a new rig becomes available do our tokens cover it? Or do we have to buy it....
Translations
Thank you to all bounty program participants!
Thank you to all bounty program participants!
There is a way to partecipate the ico without giving the phone number?
Thanks
Thanks
If i use 1375 WTT to use the pandaminer, you have said it will last maybe 2-2.5 years.
Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
It actually is. The tokens last 50 years, so you can just buy another miner or lend your tokens after that.Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
Liking this project but you are trying to sell 30M +15% = 34.5 M tokens for 34.5 MW but only having 2.25 MW up?
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
The project timeline can be found in White Paper:
https://cryptonomos.com/wtt/white-paper.pdf
Thanks for your answer. Another good reason to buy early
Even if oct/nov is still reasonable.
If i use 1375 WTT to use the pandaminer, you have said it will last maybe 2-2.5 years.
Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
Then after that, I have to buy back WTT to rent/buy (not clear) another miner ? Or can I use the same 1375 WTT I had in stock before ?!?!
The whole process is not clear at all....
Please let us know how to withdraw our deposited BTC/ETH.
Liking this project but you are trying to sell 30M +15% = 34.5 M tokens for 34.5 MW but only having 2.25 MW up?
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
The project timeline can be found in White Paper:
https://cryptonomos.com/wtt/white-paper.pdf
this project seems to be good . really want to support it , but no bounties for that yet...pls help @dev post some task for us
https://bitcointalksearch.org/topic/m.19167836
So the earliest the WTT token will be issued is August 7 2017? What if the crowdsale finishes early? Is August 7th still the earliest? Or will the token be distributed earlier.
August 7th is the earliest.
I found articles about you. Why did you lie before?
I just want to withdraw my deposit now. Please let us know how to withdraw deposited BTC/ETH.
Quote
We have never authorized and will not authorize Giga Watt as our official hosting facility or our service center in the USA. We have never supported and will not support Giga Watt’s ICO. We have never authorized and will not authorize Giga Watt to use our BITMAIN trademark in any circumstances. Mr. WU Jihan has never been and will not be a member of Giga Watt team.
https://blog.bitmain.com/en/gigawatt-infringement-announcement/I just want to withdraw my deposit now. Please let us know how to withdraw deposited BTC/ETH.
No lies here, Dave already answered this question long time ago
http://www.nasdaq.com/article/giga-watt-ceo-we-desperately-need-balance-of-power-in-the-mining-space-cm764842
If this is such a good deal, why the owners of the machines do not simply use them by themselves? Just trying to understand how it works.
If all the facilities will be used for owners, that would lead to mining centralization, which is unhealthy for entire industry.
Hi,
For what I see the mining facilities are in high demand. If the amount of tokens is so high that can't be effectively use because the building of mining facilities can't keep pace, what is the yield of those tokes if I can't use them for mine or rent them out? Thanks.
For what I see the mining facilities are in high demand. If the amount of tokens is so high that can't be effectively use because the building of mining facilities can't keep pace, what is the yield of those tokes if I can't use them for mine or rent them out? Thanks.
The amount of WTT tokens that will be issued through Token Launch will be fully used to build mining facilities, and a lot of new power will be available once the ICO is over. If you would like to ensure your tokens to be issued in the first batch, either enter through pre-sale which finished in 6 hours, or enter Token Launch as early as possible.
Couple of questions:
1) I saw something about exchange rates being based on Kraken. On the token site they give an example of the BitPanda being $1375 or 1375 Tokens if I am understanding correctly. If I were to deposit .60 BTC right now (this is an approximate number) and the price of BTC drops 800 points again before the token launch in 2 days will my deposit price of .6b BTC = $1375 (as of writing this post), or will it be worth whatever BTC is worth at the moment the token sale goes live.
2) If we decide to use the tokens to mine, are we paid in USD or in the coin of our choice?
3) If we rent the tokens do we get paid in USD or in the coin of our choice?
Thanks in advanced
1) I saw something about exchange rates being based on Kraken. On the token site they give an example of the BitPanda being $1375 or 1375 Tokens if I am understanding correctly. If I were to deposit .60 BTC right now (this is an approximate number) and the price of BTC drops 800 points again before the token launch in 2 days will my deposit price of .6b BTC = $1375 (as of writing this post), or will it be worth whatever BTC is worth at the moment the token sale goes live.
2) If we decide to use the tokens to mine, are we paid in USD or in the coin of our choice?
3) If we rent the tokens do we get paid in USD or in the coin of our choice?
Thanks in advanced
1) PandaMiner costs $1250, but you'd need 1375 WTT tokens to accomodate it at full hosting discount, that is correct. The amount of BTC in your wallet will be worth value corresponding to Kraken exchange at the moment of purchase. However, if BTC drops on day when buying tokens, you will receive fewer tokens, correct.
2) Tokens are not used to mine. They are used to either get hosting discount, or rent them out to get rental income.
3) You can get paid in BTC/ETH/LTC
Ty, that answers my questions. Now, when you say they aren't used to mine, I think we are having a communication breakdown here so I just wanted to clarify. If I had 1375 worth of tokens, that would allow me to host a PandaMiner for 50 years correct?
TronQuix, that seems correct- but keep in mind your pandaminer will only last 2-2.5 years.
and then its broken an you have to buy a new one?
I guess this is what I am trying to understand as well... So once the PandaMiner is no longer a viable option, if I am only paying for wattage, then what happens? I have to buy a new miner? Or do the tokens cover the additional miners?
Then miner becomes inefficient, it's generated income equals power consumption - at this point, if you would like to continue to mine, you would need to purchase another miner. Tokens only give you space in facility, but you are responsible for purchasing the miners.
So the earliest the WTT token will be issued is August 7 2017? What if the crowdsale finishes early? Is August 7th still the earliest? Or will the token be distributed earlier.
It would be ASAP, I thought they stated that it would be within a month. I reckon this crowd sale would end in half hour to one day max. I seen insane ico lately and this is the mother of them all with their bank of power really available. Also the bounty seems pretty high and the overall media coverage. If will last a week I will enter this at full force before Chinese do
Liking this project but you are trying to sell 30M +15% = 34.5 M tokens for 34.5 MW but only having 2.25 MW up?
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
...and this is also related to my question "For what I see the mining facilities are in high demand. If the amount of tokens is so high that can't be effectively use because the building of mining facilities can't keep pace, what is the yield of those tokes if I can't use them for mine or rent them out? Thanks."
Liking this project but you are trying to sell 30M +15% = 34.5 M tokens for 34.5 MW but only having 2.25 MW up?
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
Can we atleast have an ETA on how long do you think will it take to get to full capacity?
Wouldn't want to buy tokens and then have to wait 1 year to get them
If this is such a good deal, why the owners of the machines do not simply use them by themselves? Just trying to understand how it works.
GW sells the mining hardware, they don't own the hardware, they just host the hardware in their facilities and provide low maintenance and power fees due to them being near a hydro power plant.
Take the L3+ miner example. This mining hardware costs $1400 on Bitmain's site (including power supply) but that doesn't include shipping and customs taxes. GW sells it for $1550 final price. I'm from Romania and I'd have to pay more than $1800 to get the L3+ miner delivered to my place. Also, where I live the price per KWh is 3-4X higher than what GW is asking. Makes sense to mine at GW's facilities rather than at my own place.
I found articles about you. Why did you lie before?
Quote
We have never authorized and will not authorize Giga Watt as our official hosting facility or our service center in the USA. We have never supported and will not support Giga Watt’s ICO. We have never authorized and will not authorize Giga Watt to use our BITMAIN trademark in any circumstances. Mr. WU Jihan has never been and will not be a member of Giga Watt team.
https://blog.bitmain.com/en/gigawatt-infringement-announcement/That was a legal misunderstanding back in January 2017. They fixed all legal concerns already. There's no BITMAIN logo anywhere on their site and Jihan is nowhere to be seen in their team description. Of course BITMAIN doesn't want to be represented by a company that aims at decentralizing the mining power. I think it's clear by now that BITMAIN's agenda has been to centralize the Bitcoin mining power ever since they secretely introduced the ASICboost.
If this is such a good deal, why the owners of the machines do not simply use them by themselves? Just trying to understand how it works.
This is just work nothing more.
If this is such a good deal, why the owners of the machines do not simply use them by themselves? Just trying to understand how it works.
I found articles about you. Why did you lie before?
I just want to withdraw my deposit now. Please let us know how to withdraw deposited BTC/ETH.
Quote
We have never authorized and will not authorize Giga Watt as our official hosting facility or our service center in the USA. We have never supported and will not support Giga Watt’s ICO. We have never authorized and will not authorize Giga Watt to use our BITMAIN trademark in any circumstances. Mr. WU Jihan has never been and will not be a member of Giga Watt team.
https://blog.bitmain.com/en/gigawatt-infringement-announcement/I just want to withdraw my deposit now. Please let us know how to withdraw deposited BTC/ETH.
How can I withdraw BTC/ETH? No menu for it.
So the earliest the WTT token will be issued is August 7 2017? What if the crowdsale finishes early? Is August 7th still the earliest? Or will the token be distributed earlier.
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